GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Friday. Here’s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty traded flat as the index was up 34.50 points or 0.15% at 23,627.50 indicating a positive start for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 gained 51 points or 0.22% to settle at 23,567, while the BSE Sensex rose 141 points or 0.18% to close at 77,479. Stocks to watch on June 21, 2024 Accenture Accenture has once again cut its revenue forecast for FY24 as clients continue to reduce spending on consulting services due to economic uncertainties. Accenture’s revised outlook on Thursday, anticipates full-year revenue growth to be within the range of 1.5-2.5%, compared to its earlier projection of 1-3%. This contrasts with the first quarter’s more optimistic projection of 2-5%. Accenture follows a September-August financial year. Religare Enterprises In a development that could bring the Burman family closer to acquiring Religare Enterprises (REL), the Securities and Exchange Board of India (Sebi) on Thursday directed the management and board of the company to apply to all regulators, including the Reserve Bank of India (RBI), for making an open offer. JM Financial The Securities and Exchange Board of India (Sebi) on Thursday confirmed its interim order barring JM Financial from acting as a lead manager for any new public issue of debt securities after the company gave a voluntary undertaking that it will not take up new mandates as a lead manager till May 31, 2025. Tata Communications Tata Communications secured a five-year $250 million (or Rs 2,091 crore) sustainability-linked loan from three foreign banks as part of its new framework to link its funding with key objectives such as carbon emission reduction targets. Piramal Enterprises On Thursday, Srikrishna Trust, one of the promoters of Piramal Enterprises, offloaded a stake worth Rs 976.5 crore in the company through open market transactions, a day after it sold its stake in the company. Srikrishna Trust divested 1.07 crore shares, representing a 4.51% stake in the company at Rs 906 per share, as per NSE block deal data. The trust held a 35.11% stake as of March. GIC Housing Finance GIC Housing Finance came under a cyber security attack on Thursday, which involved a malware attack on some of its end-user systems. "This is to inform that our company has become aware of a malware attack affecting some of the company’s end-user systems. We have immediately isolated the affected systems from the network to stop its further impact," said an exchange filing. Amara Raja Energy & Mobility Amara Raja Energy & Mobility invested 20 million euros in InoBat AS, including a subscription for an additional 4.5% equity stake. After this, Amar Raja’s total holding in InoBat AS will be around 9.32%. It had earlier invested 10 million euros.
