The benchmark indices rose for the fourth straight session on Wednesday, January 5, 2022. The S&P BSE Sensex jumped 367.22 points or 0.61% at 60,223.15. The Nifty 50 index surged 120 points or 0.67% at 17,925.25. But certain stocks came in the news after the market was closed. These stocks can impact the indices when it reopens on Thursday, January 6, 2022. List of such five stocks:

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Bosch/Rane Madras: (Zee Business Exclusive). Demand for airbags is likely to increase in the recent future as the government may make the availability of six airbags in cars’ compulsory. Sources aware of the development informed Zee Business that six airbags will be made mandatory in mid-range cars and the government may issue a draft notification regarding it in the next few days. According to sources, an official meeting with representatives of Rane Madras, Bosch and Minda Industries has been held. At present, the rule of 2 airbags is mandatory for cars.

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Spandana Sphoorty: The micro-finance company Spandana Sphoorty Financial has reported a loss of Rs 58.87 crore in the September quarter (Q2FY22) on a sharp rise in impairments and other provisions. It had posted a profit of Rs 62.9 crore in the corresponding quarter of the previous year (Q2FY21). Its total income grew by 11.9% to Rs 372.4 crore in the reported quarter against Rs 337.1 crore posted last year. Besides, the board of directors of the company will meet on January 10, 2022, to consider the proposal to raise funds by way of further issue of securities through public and/or private offerings including qualified institutions placement or other permissible modes.

Bharti Airtel: Airtel Africa Plc, a subsidiary of Bharti Airtel, has confirmed the first closing of the transaction to sell its telecoms tower assets in Tanzania for $176.1 million (Rs 1,192 crore). Approximately $60 million (Rs 450 crore) from the proceeds will be used to invest in network and sales infrastructure in Tanzania and for distribution to the Government of Tanzania, as per the settlement described in the Airtel Africa IPO Prospectus document published in June 2019. The balance of the proceeds will be used to reduce debt at Airtel Group.

Fortis Healthcare: Malaysian healthcare group IHH Healthcare Berhad said on Wednesday Emqore Envesecure Private Capital Trust is seeking in excess of $6.5 billion ($650 crore) in damages from it and more than two dozen named defendants in a lawsuit. The demand is linked to Indian company Fortis Healthcare. IHH, the largest private healthcare group in Asia, is the largest stakeholder in Fortis Healthcare.

Mahanagar Gas: LIC Buys 2% stakes in the company between October 20, 2021, and January 4, 20221.

NHPC: Promoters Agreement has been signed on January 4, 2022, between NHPC Limited and Green Energy Development Corporation of Odisha Limited (GEDCOL) for the formation of JV Company for the development of 500 MW floating Solar Power Projects in various water reservoirs in the State of Odisha. Information related to the JV and project was provided on November 11, 2021.

Sugar Stocks: Sugar stocks will be in focus today as the government has issued guidelines for restructuring sugar development fund (SDF) Loans under Rule 26 of the SDF Rules 1983. Under the guidelines, the loans taken by the sugar mills will be restructured providing eligible defaulting factories with a two-year moratorium and repayment time of five years.