Nifty Futures Signal Positive Start; Key Stocks in Focus

The GIFT Nifty futures, serving as an early indicator for Nifty50 index performance, showed promising signs of recovery with a 120-point gain to 24,810, suggesting domestic benchmark indices may reverse Friday’s losses. This positive momentum comes after a challenging trading session on September 26th, when both major indices experienced substantial declines. The S&P BSE Sensex dropped 733 points or 0.90% to settle at 80,426, while the Nifty50 fell 0.95% or 236 points to close at 24,655.

The contrasting performance between Friday’s slump and Monday’s anticipated recovery highlights the volatility in Indian equity markets. Investors are closely monitoring these indicators as they position themselves for the new trading week, with the GIFT Nifty’s upward movement providing optimism despite recent setbacks in both the Sensex and Nifty50 benchmarks.

Waaree Energies, India’s largest solar panel manufacturer, faces significant regulatory scrutiny as US authorities investigate allegations that the company bypassed anti-dumping and countervailing duties on Chinese and Southeast Asian solar cells by mislabelling them as Indian-made. The company has stated it cooperated with past probes and will continue to assist with the ongoing investigation, though the outcome could have substantial implications for its international operations and reputation.

HDFC Bank confronts regulatory restrictions from the Dubai Financial Services Authority (DFSA), which has barred the bank’s DIFC branch from onboarding new clients effective September 25, 2025. The bank confirmed that the DFSA directive prevents its Dubai branch from soliciting or conducting business with customers who had not completed onboarding by that date, potentially impacting the bank’s expansion plans in the Middle East region.

Azad Engineering secured a substantial Rs 651 crore Long-Term Contract & Price Agreement with Mitsubishi Heavy Industries of Japan, marking a significant international partnership. The deal covers the supply of complex rotating and stationary airfoils for advanced gas and thermal power turbine engines, positioning the company to benefit from growing global power generation demand and strengthening its manufacturing capabilities.

BEML, in collaboration with Bharat Forge and Data Patterns (India), signed a tripartite Memorandum of Understanding to support the Advanced Medium Combat Aircraft (AMCA) programme. The partnership will participate in the Expression of Interest floated by the Aeronautical Development Agency (ADA), representing a strategic move into defense manufacturing and technological development for all three companies.

Godrej Agrovet announced a Rs 960 crore investment through an MoU with the Ministry of Food Processing Industries to establish manufacturing and upstream innovation facilities. This substantial commitment to the food processing sector aligns with government initiatives to boost agricultural infrastructure and value-added processing capabilities within India.

Vascon Engineers entered a significant five-year partnership with Adani Infra (India) through an MoU that establishes the company as an execution partner under an Early Engagement Model. This arrangement allows Vascon to integrate design and execution from the outset of select projects, with three projects covering 13.15 million square feet in Mumbai already identified under this collaborative framework.

Power Grid Corporation of India received board approval for two major projects totaling Rs 705.5 crore. The first project, valued at Rs 209.68 crore, will implement a VOIP Communication System for Grid Operations across five regions, while the second project worth Rs 495.83 crore will establish a Disaster Preparedness plan that includes procuring 20 sets (300 towers) of Emergency Restoration Systems under the Make in India initiative.

Godawari Power & Ispat Ltd faces serious operational challenges following a tragic furnace accident at its Raipur plant in Chhattisgarh that resulted in six fatalities, including four officials and two workers. The company has launched an internal inquiry into the incident, which also left six others injured, including a general manager. This development raises concerns about industrial safety protocols and could potentially impact the company’s operational continuity and regulatory compliance standing.