GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a flat opening on Tuesday. Here’s a look at the key stocks to watch in trade.

Stocks in Focus: GIFT Nifty traded up by just 14 points or 0.07% at 21,409, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Friday, the NSE Nifty 50 gained 94.35 points or 0.44% to settle at 21,349.05, while the BSE Sensex ended higher by 214.86 points or 0.34% to 71,106.96.

“The Nifty index displayed volatile movements on the last day of the week but managed to close above the crucial level of 21300. The lower-end support for the index is positioned at 21200, presenting a buying opportunity on any dips toward this level. Sustaining above 21300 could pave the way for further upside momentum, targeting the 21500 level,” said Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities. 

Stocks To Watch: Nykaa, Ambuja Cement, Adani Power, Wipro, Bharti Airtel, Jain Irrigation Stocks To Watch: Maruti Suzuki India, GMR Airports Infra, Brightcom Group, Hindustan Zinc, Adani Enterprises, Kolte-Patil Developers Stocks To Watch: Eicher Motors, LIC, Cochin Shipyard, Biocon, Oil India, SJVN, Grasim, Alkem Lab, OLA Electric Mobility Stocks To Watch: Hindalco, Godrej Consumer Product, Apollo Tyres, Radico Khaitan, NHPC, Maruti Suzuki, Eicher Motors, LIC

Stocks to Watch on December 26, 2023

Adani Green Energy

Adani Green Energy has successfully concluded a power purchase agreement with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power. This agreement marks the completion of the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded by SECI.

Aurobindo Pharma

Aurobindo Pharma’s U.S.-based unit Eugia underwent a pre-approval inspection by the U.S. FDA from Dec. 11-22, resulting in 10 observations.

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