Sensex and Nifty are likely to open lower as Nifty futures on the Singapore Exchange traded 14 points, or 0.10 per cent, lower at 14,518.50. Here's a look at stocks which may remain in news today.On Tuesday, benchmark indices fell for the third straight session amid weak investor sentiment arising out of record Covid-19 cases. Sensex fell 465 points to 48,253 and Nifty ended 137 points lower at 14,496. Top Sensex losers were Dr Reddy's, Reliance Industries, Sun Pharma, HDFC twins, Infosys, M&M and Bharti Airtel falling up to 2.26%.
Alembic Pharmaceuticals: The drug firm reported a 11.60 percent rise in consolidated net profit to Rs 250.70 crore in Q4, mainly on account of robust sales. The company had posted a net profit of Rs 224.63 crore for the corresponding period of the previous fiscal.
RBL Bank: The bank reported a 34 per cent fall in Q4 profit to Rs 75 crore compared to Rs 114 crore in the year-ago period due to provisioning for possible loan losses that it sees in the retail unsecured segments.
Maruti Suzuki: The firm expects some impact on its production if lockdowns and curfews imposed across various states continue amid the second wave of COVID-19 sweeping across the country.
L&T Infotech: The IT company reported a 27.6 per cent rise in consolidated net profit to Rs 545.7 crore in Q4 against a net profit of Rs 427.5 crore in the same period a year ago.
RIL, Vodafone Idea, Airtel: Department of Telecom approved applications of telecom companies -- Reliance Jio, Bharti Airtel, Vodafone Idea and MTNL -- for conducting 5G trials but none of them will be using technologies of Chinese entities.
Adani Ports: Adani Group company's net profit almost quadrupled to Rs 1,321 crore from Rs 340 crore in the year-ago quarter on the back of 27 per cent growth in cargo volume to 73 MMT. For FY21, Adani Ports reported a 33 per cent year-on-year increase in consolidated net profit at Rs 5,049 crore.
DCM Shriram: The chemical manufacturing firm reported a 15.42 per cent rise in consolidated net profit at Rs 232 crore in Q4 against net profit of Rs 201.27 crore in the same period of the previous fiscal.
Wipro: The company said it will invest about $22 million over the next four years to set up a 20,000 sq. ft. innovation centre Holborn, London. The centre will serve as Wipro's flagship centre in the UK and offer technology expertise to companies globally.