The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.01% higher by 2 points at 23,069 indicating that the domestic benchmark indices are likely to make a positive start on Thursday.

On Wednesday, 19 March, Domestic benchmark indices S&P BSE Sensex gained by 147.79 points or 0.20% and settled at 75,449.05 while the Nifty50 traded 0.32% higher by 73.3 points, settling at 22,907.60.

Here are some stocks that are likely to remain in focus on 20 March.

UltraTech Cement: The company has announced a boost in its production capacity of 1.2 million tonnes per annum, which was achieved by optimizing operations and debottlenecking at multiple plants. 

Wipro: The company has unveiled its Agentic AI services, which are designed to help nations build and deploy AI solutions while maintaining data sovereignty. The Agentic AI services are powered by NVIDIA AI Enterprise software. 

Dhanlaxmi Bank: The Board of Directors of the company has approved raising Rs 150 crore through the issue of non-convertible debentures for a duration of 10 years on a private placement basis. 

Avenue Supermarts: The company has announced investing Rs 174.9 crore by acquiring 46.6 million equity shares of Rs 10 each of Avenue E-Commerce Limited, the company’s subsidiary.  

Dhani Services: The company, through its subsidiary, has signed a Memorandum of Understanding (MoU) with certain land owners for 5.37 acres in Gurgaon. This MoU will expand the company’s 100% owned ongoing project, ‘Indiabulls Estate & Club’ in Gurgaon, from 24 acres to 29.37 acres.

Hyundai Motor India: The company has announced ramping up their vehicle prices by 3%, effective April 2025. The move has been taken following the rising increased commodity prices, input costs, and higher operational expenses. 

Trent: The retail subsidiary of Tata Group has announced signing a share purchase agreement to acquire THPL Support Services Limited from Trent Hypermarket Private Limited for a total consideration of Rs 166.36 crore.  

Adani Enterprises: The company, through its subsidiary Kutch Copper Limited, has announced forming a Joint Venture (JV) with Praneetha Ecocables, which will focus on manufacturing and distributing metal products, wires, and cables. 

Feeling overwhelmed by the markets? Let Unicorn Signals be your guide. Our user-friendly app simplifies complex data and provides actionable trading signals. Download the app today and trade with confidence!