The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.13% higher by 31 points at 23,800, indicating that the domestic benchmark indices are likely to make a positive start on Monday.
On Friday, 20 December, Domestic benchmark indices S&P BSE Sensex crashed 1,176 points or 1.49% to end at 78,041 while the Nifty50 traded 364 points lower or 1.52% and settled at 23,587.
Here are some stocks that are likely to remain in focus on 23 December.
Reliance Industries: The wholly-owned subsidiary of the company, Reliance DIgital Health, has announced entering into a definitive agreement for acquiring a 45% stake in Health Alliance Group Inc. for an acquisition cost of $10 million.
UltraTech Cement: The company has received approval from the Competition Commission of India (CCI) for the acquisition of India Cements.
Aurobindo Pharma: The subsidiary of the company, Curateq Biologics, has received approval from the UK’s MHRA for its oncology biosimilar Bevqolva.
Shriram Finance: The company has revealed the integration of its green financing initiatives under the banner of Shriram Green Finance, aiming to expand its focus beyond electric vehicle (EV) financing.
Tata Steel: The company has received warnings from the Dutch regulators and has threatened the company with fiance, as well as the forced closure of its coke plants in IJmuiden, as the company fails to significantly reduce toxic emissions within the next twelve months.
Larsen and Toubro: The company has announced that it is securing an order from the Ministry of Defence to supply K9 Vajra-T Artillery Platforms to the Indian Army.
Mazagon Dock Shipbuilders: The company has announced the successful delivery of the ‘Surat’ (the fourth stealth destroyer of the P15B class) and the ‘Nilgiri’ (the first stealth frigate of the P17A class) to the Indian Navy.
Sterling and Wilson Renewables: The company has announced securing a Letter of Intent for a significant order worth Rs 1,200 crore for a solar project in Gujarat. The order is for the design, engineering, procurement, and construction of the Balance of the System for a 500 MW (AC) Solar PV project.
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