Top Stocks to Watch on December 5: ITC Hotels, HUL, Reliance, and More
The GIFT NIFTY futures indicate that the NIFTY50 index will open flat on Friday, December 5. Here is a list of stocks that may remain in focus today.
Rate-sensitive stocks: Shares of auto, financial, and real estate companies will be closely watched as RBI Governor Sanjay Malhotra is set to announce the bi-monthly monetary policy on Friday. There are mixed expectations of a 25-basis-point rate cut or the possibility of the central bank maintaining the status quo.
The Reserve Bank's rate-setting panel -- the Monetary Policy Committee (MPC) -- began its three-day deliberation on the next set of bi-monthly monetary policies on Wednesday. The meeting is being held against the backdrop of falling inflation, rising GDP growth, the rupee crossing 90 against the dollar, and ongoing geopolitical tensions.
ITC Hotels: The shares will be in focus as British American Tobacco p.l.c. has announced that its wholly-owned subsidiaries, Tobacco Manufacturers (India) Limited, Myddleton Investment Company Limited, and Rothmans International Enterprises Limited, intend to sell between 7% and around 15.3% of the issued ordinary share capital in ITC Hotels Limited via block deals.
Reliance Industries: S&P Ratings has raised its long-term issuer credit rating on Reliance Industries to 'A-' from 'BBB+'. It also raised its long-term issue ratings on the senior unsecured debt the company issued to 'A-' from 'BBB+'. According to the ratings agency, the stable rating outlook reflects its view that the India-based conglomerate will maintain its leading market position in its key businesses, and its earnings will be sufficient to cover capital spending over the next 12-24 months.
Brookfield India Real Estate Trust: Brookfield India Real Estate Trust plans to raise up to ₹3,500 crore through the sale of units to institutional investors. The company launched the Qualified Institutional Placement (QIP) issue to raise funds on Thursday. Last week, unitholders of Brookfield India Real Estate Trust approved a proposal to raise funds through institutional placements in one or more tranches.
IndiGo: IndiGo informed the aviation watchdog DGCA that operations are expected to be fully stabilized by February 10, 2026. The airline sought temporary relaxations in flight duty norms on a day when it canceled more than 550 flights, disrupting the travel plans of hundreds of passengers. IndiGo acknowledged that the flight disruptions are primarily due to misjudgment and planning gaps in implementing the second phase of the Flight Duty Time Limitations (FDTL) norms. More cancellations are expected until December 8, and from that day, there will also be a reduction in services.
HUL: Shares of HUL will be in focus as December 5 is the record date for the demerger of the ice cream business – Kwality Wall's. Ice creams account for nearly 3% of the firm's overall revenue.
Diamond Power Infrastructure: Diamond Power Infrastructure has received a letter of intent from Adani Green Energy for cable supply for the Khavda and Rajasthan projects worth Rs 747.64 crore, excluding GST. The order will be executed from January 2026 to December 2026.
Vedanta: Mining conglomerate Vedanta Group announced that the biomass manufacturing facility of its energy business entity Talwandi Sabo Power Ltd has significantly reduced farm fire incidents in Mansa, Punjab, and contributed to a reduction in stubble burning. Talwandi Sabo Power Ltd has set up a biomass manufacturing facility of 500 tonnes per day at Mansa in Punjab.
Zaggle Prepaid Ocean Services: Fintech firm Zaggle Prepaid Ocean Services has placed a ₹97 crore bet on consumer credit card and UPI-based payment solution provider Rivpe Technology with its 100% acquisition. Zaggle will acquire Rivpe for ₹22 crore and invest ₹75 crore in the latter's brand, Rio, to support product enhancement and expansion of consumer payment offerings. The transaction is expected to close in 120 days.
Cipla: The company completed the acquisition of a 100% stake in Inzpera Healthsciences Limited on December 4, 2025. Inzpera has now become a wholly owned subsidiary of the company.
Deepak Builders and Engineers India: The company reported that search proceedings were conducted by the Directorate General of Goods & Service Tax Intelligence (DGGI) on Wednesday, December 3, 2025, at the corporate office in Ludhiana. The proceedings concluded on the same day. The company provided the necessary documents and clarifications as required.
Tata Power Company: The company shared an update regarding the temporary suspension of operations at Mundra. It anticipates resuming operations by December 31, 2025.
RNIT AI Solutions: RNIT AI Solutions Limited has secured a new project under its e-governance portfolio with the Department of Legal Metrology, Government of Andhra Pradesh. The company will implement an AI-driven digital platform suite to modernize departmental operations.
Deepak Nitrite: Deepak Chem Tech Limited, a wholly owned subsidiary of Deepak Nitrite, commenced manufacturing operations at its Nitric Acid Plant in Nandesari, Dist. Vadodara, Gujarat, on December 4, 2025. The total capital expenditure for the plant is approximately ₹515 crore.
Zen Technologies: The company has received orders aggregating to ₹120 crores (including GST) for the supply of a Comprehensive Training Node (CTN) comprising a suite of various training simulators and equipment from the Ministry of Defence, Government of India.
SEAMEC: The company has entered into a contract with M/s. HAL Offshore Limited for the charter hire of its multi-support vessel “SEAMEC AGASTYA” for deploying it in the ONGC under the ongoing contract of HAL for 5 years, after the completion of the statutory dry dock of the vessel. The charter rate is US$25,000 per day for the balance period of 4 years, with a charter value of around US$43.07 million, inclusive of GST.
