The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.02% lower by 5.50 points at 22,382.50, indicating that the domestic benchmark indices are likely to make a muted start on Thursday.  

On Wednesday, 8 May, Domestic benchmark indices S&P BSE Sensex shed 45.46 points, or 0.62%, to end at 73,511.85, while the Nifty50 remained unchanged at 22,302.50.

Here are some stocks that are likely to remain in focus on 9 May.

Quarterly Results Today: Bharat Petroleum Corp, Hindustan Petroleum Corp, Abbott India, Alembic Pharmaceuticals, Computer Age Management, Intellect Design Arena, State Bank of India, Asian Paints, Punjab National Bank, Escorts Kubota, Timken India, Relaxo Footwear, Mahanagar Gas, Vardhman Textiles, Alkylamines Chemicals, Hikal, VST Tillers Tractors, Indian Overseas Bank, Orient Electric, Venus Pipes and Tubes, and Ques Corp are some of the prominent companies that are set to release their quarterly earnings for January-March.

TVS Motors: The company reported an 18% year-on-year increase in its net profit to Rs 485 crore for the quarter ending 31 March 2024.

Hero MotoCorp: The two-wheeler manufacturer has reported a standalone net profit of Rs 1,016.05 crore for the quarter, marking a growth of over 18% compared to Rs 858.93 crore in Q4FY23.

Larsen and Toubro: In its quarterly report for January-March, the company reported a 10% YoY increase in its consolidated net profit to Rs 4,396 crore.

Bank of Baroda: The Reserve Bank of India (RBI) has lifted restrictions on the company’s mobile app, Bob World, for onboarding new customers. 

NTPC: NTPC Green Energy has announced signing an MoU with Mahatma Phule Renewable Energy and Infrastructure Technology to collaborate on developing Renewable Energy Power Parks and Projects in Maharashtra.

Godrej Properties: The company has increased its stake in its subsidiary, Godrej One Premises Management, by acquiring an additional 14% stake from its promoter. 

Reliance Industries: The company has announced acquiring a 100% stake in Reliance Chemicals for a total consideration of Rs 314.5 crore.

BSE: The Bombay Stock Exchange (BSE) reported a net profit of Rs 107 crore for Q4FY24, an 18% YoY increase from Rs 91 crore reported in the same quarter last year.