The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.27% lower by 65 points at 24,365, indicating that the domestic benchmark indices are likely to make a negative start on Wednesday. 

On Tuesday, 17 December, Domestic benchmark indices S&P BSE Sensex crashed 1,064 points or 1.30% to end at 80,684 while the Nifty50 traded 332 points lower or 1.35% and settled at 24,336.

Here are some stocks that are likely to remain in focus on 18 December.

Reliance Power: the subsidiary of the company, Reliance NU Suntech, has secured a major contract from the Solar Energy Corporation of India for a solar and battery energy storage system project. 

Jindal Saw: The company has signed a pact to acquire a 31.20% stake in ReNew Green Energy and did not disclose the financial details of this equity acquisition. 

Exide Industries: The company has invested around Rs 100 crore in its wholly-owned subsidiary, Exide Energy Solutions, by subscribing to the equity share capital on a rights basis. 

Ambuja Cements: The company has announced the merger of its subsidiaries Sanghi Industries and Penna Cement Industries, with itself.

Granules India: The company has announced that its subsidiary, Granules Pharmaceuticals Inc., has received approval from the USFDA for its abbreviated new drug application for Lisdexamfetamine Dimesylate chewable tablets used to treat attention-deficit hyperactivity disorder.

Aurobindo Pharma: The company’s wholly-owned subsidiary, Apitoria Pharma Private Ltd API manufacturing facility, was inspected by the US Food and Drug Administration (USFDA) and received two procedural observations. 

VA Tech Wabag: The company has announced the cancellation of its $317 million order for a 300 million litres day mega seawater desalination plant in Saudi Arabia.  

Minda Corporation: The company has formed a 50:50 joint venture (JV) with HCMF to establish Minda-HCMF Technologies Pvt Ltd to manufacture automotive sunroof solutions and closure technology products. 

Sonata Software: The company has announced the launch of Harmoni. AI-powered test acceleration platform, IntelliQ for supporting digital transformation for global enterprises. 

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