The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading lower by 26 points at 24,970, indicating that the domestic benchmark indices are likely to make a negative start on Tuesday.
Earlier on Monday, 16 June, Domestic benchmark indices S&P BSE Sensex surged by 678 points or 0.92% and settled at 81,796 while the Nifty50 traded 0.92% higher or 228 points, closing at 24,947.
Here are some stocks that are likely to remain in focus on 17 June.
Tata Consultancy Services: TCS has joined hands with the Council of Europe Development Bank (CEB) to help modernize the bankβs operations and improve overall efficiency. Through this partnership, TCS will implement its BaNCSTM for Reconciliations platform to automate reconciliation workflows and simplify complex transactions using AI and automation tools.
Lupin: The company has entered into a license and supply agreement with China-based Sino Universal Pharmaceuticals to introduce its Tiotropium Dry Powder Inhaler (DPI), 18 mcg capsule, in the Chinese market. Under this partnership, Sino Universal will handle regulatory approvals from Chinese authorities, while Lupin will manufacture the product and retain the role of Marketing Authorisation Holder.
HCL Technologies: HCL Technologies has entered into a strategic, multi-year partnership with E.ON, one of Europeβs largest energy providers. As part of the agreement, HCLTech will create a new private cloud and manage cloud and network services across E.ONβs global hyperscaler platforms.
Mastek: Mastek, a digital engineering and cloud transformation services provider, has secured a contract from NHS England to deliver cybersecurity training for NHS Board members and Senior Information Risk Owners (SIROs) in collaboration with Templar Executives. The training aims to deepen executive understanding of the cyber threat landscape and strengthen resilience throughout the healthcare system.
Godrej Properties: The company has announced its plans to develop a premium residential project on a 16-acre land parcel in Upper Kharadi, Pune. The project will offer a developable area of 2.5 million square feet and is expected to generate revenue of approximately Rs 3,100 crore.
Axiscades Technologies: The company has entered into a strategic alliance with Indra, a Europe-based global leader in defence, aerospace, and strategic systems, by signing a Memorandum of Understanding (MoU). Through this partnership, the two companies plan to manufacture Indraβs key solutions in India, including antennas for tactical air navigation systems (TACAN), distance-measuring equipment (DME) that supplies in-flight data to aircraft, and various countermeasure systems.
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