The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.04% higher by 11.50 points at 24,787, indicating that the domestic benchmark indices are likely to make a muted start on Monday. 

On Friday, 13 December, Domestic benchmark indices S&P BSE Sensex soared 843 points or 1.04% to end at 82,133 while the Nifty50 traded 220 points higher or 0.89% and settled at 24,768.

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

RITES: The company has announced receiving a contract from the Ministry of External Affairs for providing Implementation Services for the construction of an Integrated Check Post for a total consideration of Rs 297.67 crore.

Lemon Tree Hotels: The company has signed a new property in Bhuj, Gujarat, and the new property will be managed by its wholly-owned subsidiary, Carnation Hotels Private. 

Lupin: The major pharmaceutical company has acquired trademarks for three anti-diabetes brands: Gibtulio Met, Gibtulio, and Ajaduo. These brands were acquired from Boehringer Ingelheim International GmbH. 

Bharat Forge: The wholly-owned subsidiary of the company Kalyani Strategic Systems has acquired a 25% equity stake in Edgelab SpA, which is based in Italy, for a total consideration of € 2.50 million. 

Swiggy: The company has introduced a new service called “Scenes” under its out-of-home business vertical, Dineout. This new feature will help users book parties, events, and live music at their partnered restaurants. 

Reliance Industries: The company has announced acquiring a 74% stake in an industrial area developer, IIA Private Limited, which is located in the country’s financial hub of Mumbai, for a total consideration of Rs 1,628 crore. 

Nazara Technologies: The material subsidiary of the company, NODWIN Gaming, has announced that it will acquire a 100% stake in Trinity Gaming for Rs 24 crore. 

Afcons Infrastructure: The company has announced securing a significant contract from MP Metro Rail Corporation for a total consideration of Rs 1,007 crore. 

Dixon Technologies: The company has announced the signing of a binding term sheet agreement with Vivo India for a proposed joint venture (JV), which will focus on the OEM business of electronic devices, including smartphones.

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