The Indian equity indices BSE Sensex and NSE Nifty 50 are expected to see a gap up opening on Wednesday, as indicated by GIFT Nifty. The key stocks to watch in trade include Indus Tower, Tata Power, and Gland Pharma. GIFT Nifty traded higher, pointing to a positive start for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Vodafone Group Plc is set to sell a 9.94% stake in Indus Towers through a bulk deal, amounting to a significant deal. Ahead of Raymond Ltd.’s annual general meeting, Institutional Investor Advisory Services has recommended shareholders to vote against Gautam Hari Singhania’s reappointment to the board. Tata Power Renewable Energy has deployed over 850 electric vehicle charging points in metropolitan areas, aiming to expand its presence across key cities. Fosun Pharma Industrial Pte plans to pare its stake in Gland Pharma through block deals, offering insights into the pharmaceutical sector. Additionally, NMDC has established a new research and development centre in Hyderabad to focus on innovation in mineral processing and sustainable steel technology. With notable updates on key companies, the stock market is poised for an interesting trading day in India.
