The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading lower by 159 points at 24,440, indicating that the domestic benchmark indices are likely to make a negative start on Friday.
Earlier on Thursday, 5 November, the domestic benchmark indices S&P BSE Sensex soared by 2,008 points or 2.60%, and settled at 79,310 while the Nifty50 traded 2.40% higher by 576 points, closing at 24,536.
Here are some stocks that are likely to remain in focus on 6 November.
KNR Constructions: The company has received a Letter of Acceptance (LoA) from the Hyderabad Metropolitan Development Authority (HMDA) for an elevated corridor project in Hyderabad, Telangana. The project involves constructing an elevated corridor from ICCC in Banjara Hills to Shilpa Layout Flyover Road. The contract is valued at Rs 1,396.54 crore and is scheduled to be completed within 24 months.
Ashoka Buildcon: The company has emerged as the lowest bidder (L1) for a National Highways Authority of India (NHAI) project on the Vadodara–Mumbai Expressway in Gujarat. The project involves completing the remaining work on an eight-lane, access-controlled expressway between Karvad and Jujuwa. Ashoka Buildcon has quoted an EPC price of Rs 865.90 crore for the project.
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