The GIFT Nifty futures were trading in the green before the market’s opening on Friday. Domestic Indices are expected to open on a similar flat-to-positive note.

Domestic equity indices, NSE Nifty 50 and S&P BSE Sensex ended in the negative zone on Thursday amid a sharp sell-off. The Sensex tumbled 610 points or 0.92% to settle at 65,508.32, while the Nifty closed at 19,523.55 after tanking nearly 0.98% or 192 points. 

Here are some stocks likely to be on the radar on September 29.

Sun Pharmaceutical Industries: One of the subsidiaries of the pharma major has signed a binding letter of intent to acquire the balance 25% outstanding shares of its step-down arm, Sun Pharma de Mexico, making it a wholly-owned subsidiary of the company. Sun Pharma currently holds a 75% stake in the subsidiary. 

Emami: The FMCG company has inked definitive agreements to acquire a 26% stake in Axiom Ayurveda on a fully diluted basis for an undisclosed amount. Axiom operates in the beverages market with products under the AloFrut brand. 

State Bank of India (SBI): The public bank informed the exchanges on Thursday that it has reduced its stake in MSP Steel & Power Ltd from 7.3% to 2.47% through an open market deal. 

Piramal Pharma: The US Food & Drug Administration (US FDA) conducted a Good Manufacturing Practices (GMP) inspection at the Bethlehem facility of the company from September 18 to September 27 and issued a Form-483 with 2 observations regarding system improvement.

Adani Green Energy, Adani Energy Solutions: Abu Dhabi conglomerate International Holding Company (IHC) announced on Thursday that it is planning to sell its stake in two of Adani Group’s companies, Adani Green Energy and Adani Energy Solutions, as part of its portfolio rebalancing strategy. IHC had invested Rs 3,850 crore in each of the two companies last year and currently holds a per cent stake in both companies.