Mumbai: Indian stock markets may start lower on Thursday, going by the weakness in US stocks on Wednesday. Though Finance Minister Nirmala Sithamraman’s first announcements for the second stimulus package may limit the losses.

The Dow Jones Industrial Average and S&P 500 fell on Wednesday as investors digested Federal Reserve Chairman Jerome Powell’s remarks that recovery may take some time to gather momentum.

Here are a few stocks which may create some buzz in Thursday’s trade:

Non-banking finance companies (NBFCs): Finance Minister Nirmala Sitharaman announced a Rs 30,000-crore liquidity scheme for NBFCs. The government will buy debt papers by NBFCs, MFIs (micro-finance institutions) and HFCs (housing finance companies).

Real estate companies: The FM announced extension of the registration and completion date by 6 months for all registered real estate projects expiring on or after March 25 without individual applications. Regulatory Authorities may extend this for another period of upto 3 months, the FM said.

Power Finance Corporation, REC: Discom payables to power generation and transmission companies at present stands at Rs 94,000 crore. The FM said that PFC and REC will infuse liquidity of Rs 90,000 crore to discoms against receivables.

Kotak Mahindra Bank: Private lender Kotak Mahindra Bank said it is becoming more selective about handing out new loans amid concerns about the impact of the coronavirus on Indian borrowers.

Maruti Suzuki: The country’s largest carmaker Maruti Suzuki has reduced capital expenditure for the second year in a row in FY21 given the uncertain market conditions post the outbreak of the coronavirus pandemic. The company has reduced its capex by 16 per cent in FY21, or Rs 550 crore over the last years’ capex of Rs 3,248 crore.

Godrej Consumer Products: FMCG major Godrej Consumer Products (GCPL) on Wednesday reported an over 75 per cent drop in its consolidated net profit at Rs 229.90 crore in the fourth quarter ended March 2020, hit by disruptions in sales amid the Covid-19 outbreak.

Syngene International: Syngene International on Wednesday reported a 20 per cent rise in its consolidated net profit to Rs 120 crore for the quarter ended March 31, 2020, driven by robust growth in its main divisions.

Aavas Financiers, Biocon, Manappuram Finance: These companies are slated to announce their March quarter earnings in the day.