The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading higher by 374 points at 26,281, indicating that the domestic benchmark indices are likely to make a positive start on Thursday.

Earlier on Tuesday, 21 October, the Domestic benchmark indices opened for the special one-hour Muhurat trading session. The S&P BSE Sensex gained by 63 points or 0.07% and settled at 84,426, while the Nifty50 traded 0.10% higher or 25 points, closing at 25,868.

Here are some stocks that are likely to remain in focus on 23 October.

Torrent Pharma: The Competition Commission of India (CCI) has approved Torrent Pharmaceuticals’ acquisition of a majority stake in JB Chemicals and Pharmaceuticals, subject to voluntary modifications proposed by the companies. The Rs 19,500 crore deal, announced in June, represents a significant expansion for Torrent in the domestic pharmaceutical market.

Dr Reddy’s Laboratories: Dr Reddy’s Laboratories has received a positive inspection outcome from the US Food and Drug Administration (USFDA) for its Srikakulam facility in Andhra Pradesh. The regulator issued a Voluntary Action Indicated (VAI) classification, confirming the closure of the inspection and providing the Establishment Inspection Report (EIR) on 20 October 2025.

Bharat Electronics: Bharat Electronics has secured an order worth Rs 633 crore from Cochin Shipyard to supply equipment and components for sensors, weapons systems, fire control systems, and communication devices.

HCL Technologies: Dubai Islamic Bank (DIB), the world’s first Islamic bank and the largest in the UAE, has partnered with HCLTech to accelerate Artificial Intelligence (AI) adoption across its business ecosystem as part of a strategic digital transformation initiative.

Nectar Lifesciences: Nectar Lifesciences has fully repaid its secured debt and accrued interest to banks, settling obligations totalling Rs 1,338.35 crore. Consequently, the consortium charge on all company assets, both movable and immovable, in favour of SBICAP Trustee Company (acting as Security Trustee), has been completely released.

Filatex India: Filatex India has entered into a Memorandum of Understanding (MoU) with Revti Business and Wastewear Inc. to collaborate on textile waste recycling, product innovation, and global co-branding efforts, marking a strategic step toward sustainability and circular fashion.

Kirloskar Ferrous Industries: Kirloskar Ferrous Industries has received a contract worth approximately Rs 358 crore from Oil and Natural Gas Corporation (ONGC) to supply regular EUE tubing, pup joints, and crossovers.

Rubicon Research: Rubicon Research’s subsidiary, Advagen Holdings Inc., has signed a definitive agreement with GEn1E Lifesciences Inc. to acquire Series Prime Preferred Stock in tranches worth up to $3 million. The deal represents a minority investment in GEn1E Lifesciences, supporting its pharmaceutical product development initiatives.

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