The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading lower by 72 points at 22,535, indicating that the domestic benchmark indices are likely to make a negative start on Monday.
Earlier on Friday, 23 October, the domestic benchmark indices S&P BSE Sensex slumped by 125 points or 0.17%, and settled at 73,123 while the Nifty50 traded 0.39% lower by 87 points, closing at 22,600.
Here are some stocks that are likely to remain in focus on 26 October.
Lupin: The US Food and Drug Administration (USFDA) inspected Lupin’s Goa manufacturing facility from October 19 to 23. The inspection concluded with one observation recorded in a Form 483.
KEC International: KEC International has won turnkey orders worth Rs 2,872 crore from Power Grid Corporation of India for its transmission and distribution (T&D) business. The contracts involve the design, supply and installation of 765 kV transmission lines.
BL Kashyap and Sons: The company has secured a Rs 495.86 crore order from Signature Global (India). The contract covers civil structure work and partial mechanical, electrical and plumbing (MEP) works for four towers and their basements.
eMudhra: ICRA has reaffirmed the ratings on eMudhra’s unallocated bank facilities worth Rs 35 crore at A (Stable)/A1. The rating action follows a material event related to the incident affecting the global Transport Layer Security (TLS) certificate business.
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