The GIFT Nifty futures were trading in the green before the market’s opening on Friday. Indices are expected to open on a similar positive note.

Domestic benchmark indices, NSE Nifty 50 and S&P BSE Sensex settled higher for the third consecutive session on Thursday. Nifty added 0.18% or 36.55 points to 21,133.15, while the Sensex rose 86.53 points or 0.13% to close the session at 20,133.15.

Here are the stocks that will likely be in the market’s focus on December 1.

UltraTech Cement, Kesoram Industries: UltraTech, the largest cement producer in the country, has entered into an agreement with Kesoram to acquire its cement business in a share-swap deal for an enterprise valuation of Rs 7,600 crore. The transaction, expected to be completed in 9-12 months, is subject to regulatory approvals and includes debt of about Rs 1,700 crore.

Defence stocks: On Thursday, the Defence Acquisition Council (DAC) approved a capital acquisition worth Rs 2.23 lakh crore to enhance the armed forces’ capabilities. 

Whirlpool of India: Whirlpool Corporation plans to sell up to a 24% stake in its Indian arm, Whirlpool of India, next year to raise funds to reduce debt. The American parent firm currently holds a 75% ownership interest in Whirlpool India through a wholly-owned subsidiary.

JSW Holdings: Sajjan Jindal-led JSW Group has entered into a joint venture with Chinese automotive major SAIC Motor of China. JSW will pick up a 35% stake in MG Motor India. The partnership aims to create strategic synergies by bringing together resources in the field of automobiles and new technology and will also undertake multiple new initiatives in the field.