The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading lower by 5.5 points at 26,085 indicating that the domestic benchmark indices are likely to make a negative start on Tuesday. 

Earlier on Monday, 15 December, Domestic benchmark indices S&P BSE Sensex traded lower by 54 points or 0.06%, and settled at 85,213 while the Nifty50 traded 0.08% lower or 20 points, closing at 26,027.

Here are some stocks that are likely to remain in focus on 16 December.

Zydus Lifesciences: Zydus Lifesciences said its US subsidiary, Sentynl Therapeutics, received US FDA acceptance for the resubmission of its New Drug Application for copper histidinate (CUTX-101).

HDFC Bank: HDFC Bank said the RBI has approved its plan to acquire up to a 9.5% stake in IndusInd Bank, including holdings by its group entities such as HDFC Mutual Fund, HDFC Life, HDFC ERGO, HDFC Pension and HDFC Securities.

BL Kashyap: BL Kashyap and Sons received a new commercial project order worth Rs 615.69 crore (excluding GST) from Sattva CKC Private Limited for a development in Chennai, Tamil Nadu.

Solex Energy: Solex Energy has signed a non-binding Memorandum of Understanding (MoU) with Malaysia-based TT Vision Holdings Berhad, a global automation technology firm, to collaborate on enhancing solar manufacturing automation, engineering capabilities, and skill development in India.

Ion Exchange India: ION Exchange (India) secured contracts worth about Rs 205 crore from Rayzon Energy and INOX Solar to supply and execute ultra-pure water and wastewater treatment systems for solar manufacturing plants.

State Bank of India: State Bank of India announced plans to sign a €150 million line of credit agreement with Germany’s development bank KfW to finance climate-friendly energy generation projects in India.

Arvind SmartSpaces: Arvind SmartSpaces announced the acquisition of a new high-rise residential project in Whitefield, Bengaluru, with a saleable area of around 4.6 lakh sq ft and an estimated revenue potential of Rs 550 crore.

Newgen Software: Newgen Software Technologies said its wholly owned Saudi Arabia subsidiary has signed a contract with a public sector bank to develop a loan origination system. The deal is valued at SAR 15.98 million (approximately Rs 38.64 crore), inclusive of taxes.

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