Reliance will be eyed as it has received NCLT's approval for scheme of amalgamation of the company and Reliance Syngas.
The SGX Nifty futures were quoting at 17,431 levels at 7:30 am, hinting at a gap-down start of 100 points on the Nifty50.
Shares of Max Healthcare will be in focus as reports said private equity fund KKR will sell $500 million worth of shares in the company via a block deal on March 31.
The recent price hike, analysts said, brings some respite for the industry facing multiple headwinds such as steep raw inflation, price erosion in the US market and higher freight costs.
Wednesday's sharp rally came on the back of hopes that the end of the Russia-Ukraine war may be on the horizon as Russia on Tuesday said it would cut down its military operation in Ukraine.
Shares of drugmaker Aurobindo will be in focus as the company has acquired the domestic formulation business of Veritaz Healthcare on a slump sale basis at Rs 171 crore.
As per Moody's, fuel retailers IOC, BPCL and HPCL have together lost around USD 2.25 billion (Rs 19,000 crore) in revenue between Nov-March by keeping petrol and diesel prices unchanged.
Shares of Zee Entertainment will be in focus as Invesco has decided not to pursue an extraordinary general meeting (EGM) to add six independent directors on Zee's board.
The commodity price rise has begun weighing on most sectors. One such industry is cement, which is facing the heat of high input costs. Given the uncertainty, how can investors play the theme?
Analysts believe current input cost headwinds are transitory as likely price hikes by companies will help aid margin pressures.
Systematic investment plans (SIPs) are a great tool to build long-term wealth and investors should stick to them, says Vakil.
Wipro will be in focus as the company's board will meet on March 25 to consider an interim dividend.
Shares of Oil India will be in focus as the company has approved investment of Rs 6,555 crore in its subsidiary Numaligarh Refinery.
According to Ravi Singh, Vice President and Head of Research, Share India, the hopes for further Russia Ukraine talks has calmed down the panic selling in the broader indices for a while.
Shares of Indian Oil Corp will be on radar as the company has bought 3 million barrels of Russian Urals from trader Vitol for May delivery.
Lupin may be in focus as it has launched its first Reference Laboratory in East India in Kolkata.
Among the impacted sectors, after rising Brent crude price, chemicals are reeling under pressure. Their stocks continue to tumble. Should investors lap up shares after this correction or wait?
The Russia-Ukraine crisis has sprung up worries for the sector yet again as analysts say margins of chemical companies will be impacted due to the rise in prices of crude oil
MTNL is in focus as the Centre is considering relaxing some norms that led to the failure in attracting bids for assets of BSNL and MTNL as they look to restart the auction for their non-core assets.
Shares of Future Group related companies may see some action as the company has called for shareholders and creditors meeting to get nod for the proposed Rs 24,713 crore deal with Reliance Retail.