The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading higher by 76 points at 26,542, indicating that the domestic benchmark indices are likely to make a positive start on Monday. 

Earlier on Friday, 2 January, the Domestic benchmark indices S&P BSE Sensex traded higher by 573 points or 0.67%, and settled at 85,762, while the Nifty50 traded 0.70% higher or 182 points, closing at 26,328.

Here are some stocks that are likely to remain in focus on 5 January.

Larsen and Toubro: Larsen & Toubro announced that its minerals and metals vertical won major domestic orders from the Steel Authority of India and other clients for EPC projects and product supplies. As per L&T’s classification, major orders fall in the Rs 5,000–10,000 crore range.

SPML Infra: SPML Infra received approval for a surety bond limit of Rs 159 crore from a reputed IRDAI-registered insurer. This facility will help the company bid for more tenders and provide security in place of bank guarantees for contract awards.

NIBE: NIBE signed a supply contract with the Indian Army to manufacture and deliver ground equipment, accessories, ESP, and ammunition for a universal rocket launcher system. The system can integrate multiple rocket types, including long-range variants with strike capabilities of 150 km and 300 km. The contract is valued at Rs 292.69 crore.

Dixon Technologies: Dixon Technologies’ subsidiaries—Kunshan Q Tech Microelectronics (India) and Dixon Electroconnect—secured government approval under the Electronics Component Manufacturing Scheme. The approvals allow them to manufacture camera module sub-assemblies and optical transceiver SFPs, respectively.

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