The GIFT Nifty futures, an early indicator of the Nifty50 index, were trading 0.21% higher by 47 points at 22,710, indicating that the domestic benchmark indices are likely to make a positive start on Friday.

On Thursday, 30 May, the Domestic benchmark indices S&P BSE Sensex slipped 617.30 points, or 0.83%, to end at 73,885.60, while the Nifty50 traded 216.05 points, or 0.94%, lower and settled at 22,488.15.

Here are some stocks that are likely to remain in focus on 31 May.

EV Stocks: The National Stock Exchange (NSE) index services subsidiary, NSE Indices, has announced the launch of the country’s first electric vehicle index, the Nifty EV & New Age Automotive Index. This index will track the performance of companies involved in the development of new-age automotive vehicles. 

Bharat Dynamics: In its quarterly report for January-March, the company reported an 89% year-on-year increase in net profit to Rs 288.8 crore from Rs 152.8 crore reported in the same quarter of the previous fiscal year. 

Welspun Corp: The company in its quarterly report for the quarter ending 31 March reported a 19.7% YoY increase in net profit to Rs 287.3 crore against Rs 240.1 crore reported in the corresponding quarter of the previous fiscal year. 

Jio Financial Services: The company have announced the launch of the Beta version of its JioFinance app, which integrates digital banking, bill payments, UPI transactions, and insurance advisory and will provide a consolidated view of accounts and savings.

Tube Investments of India: The company’s subsidiary, Tl Clean Mobility, has acquired 5,024 equity shares of IPLTech Electric, representing a 23.69% stake in the company from the founder of the company at an average price of Rs 185 crore. 

Apollo Hospital: The hospital reported a 77% YoY increase in net profit for the quarterly report for the quarter ending in 31 March at Rs 258 crore, and a 15% YoY increase in revenue from operations at Rs 4,944 crore. 

Muthoot Finance: The gold loans financier in Q4FY24 earnings reported a 17% YoY increase in net profit to Rs 1,056.3 crore from Rs 902.6 crore record in Q4FY23. The net interest income grew by 15.2% YoY during the quarter under review to Rs 2,134.8 crore against Rs 1,853.3 crore in the corresponding quarter of FY23.