The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading lower by 53 points at 23,380 indicating that the domestic benchmark indices are likely to make a negative start on Thursday.

On Wednesday, 16 April, Domestic benchmark indices S&P BSE Sensex surged by 309.40 points or 0.40% and settled at 77,044.29 while the Nifty50 traded 0.47% higher by 108.65 points, settling at 23,437.20.

Here are some stocks that are likely to remain in focus on 17 April.

Quarterly Results Today: Jio Financial Services, Tata Elxsi, Mahindra EPC Irrigation, Infosys, HDFC Life Insurance Company, HDFC Asset Management Company, Indosolar, and National Standard (India) are some of the prominent companies set to announce their quarterly earnings for January-March. 

Wipro: in its quarterly earnings for January-March, the company reported a 26% year-on-year increase in net profit to Rs 3,570 crore for the quarter under review compared to Rs 2,835 crore reported in the same quarter of the previous fiscal year. 

DLF: The company has announced that it is entering into a master framework agreement with Srijan Realty to sell its IT/ITeS SEZ project in Kolkata for a total consideration of Rs 693 crore. The deal includes 25.9 acres of freehold land and the DLF Tech Park building with 10.54 lakh sq ft of leasable area.

UltraTech Cement: The company has announced acquiring a 26% stake in AMPIN C&I Power Eight. The acquisition is a part of the company’s strategy to meet its green energy demand and comply with electricity regulations for captive consumption. 

BHEL: The company has announced signing a technology transfer agreement with Bhabha Atomic Research Centre (BARC) for developing Indigenous hydrogen electrolysers using membrane diaphragm technology

Tata Steel: Tata Steel Netherland has announced an agreement with the Port of Amsterdam, Ecolog, and other partners to establish the world’s first liquid hydrogen import corridor in Oman and Europe.

Glenmark Pharma: The has announced its plans to launch a generic version of Adderall in the US in May. This version of the product can be used to treat ADHD and is available in 5 mg, 10 mg, 15 mg, 20 mg, and 30 mg strengths.

SBI Cards: The company has announced signing a partnership with Tata Digital to launch the Tata Neu SBI Card with the aim of providing a premium and highly rewarding shopping experience for customers across various segments.

Hero MotoCorp: The company has announced halting production at four of its manufacturing plants, Gurugram, Haridwar, Dharuhera, and Neemrana from 17 to 19 April due to a short-term supply alignment. The company’s Halol and Tirupati plants will continue to operate during this period.

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