Stock Market LIVE: GIFT Nifty Hints At Muted Open; Biocon, Cochin Shipyard, PG Electroplast Shares In Focus

• The company has issued detailed clarification

• The company will ensure such situations not to happen again

• Kaynes Technology India remains fundamentally strong and has room to grow

• Margin will remain at 9% for 2025 annual report in the second half

• Margins at 28% in H2 appears to be incorrect

• Loss in the first half is driven by low revenue and high fixed cost

Source: Jairam Sampath, CFO, Kaynes Tech

Oil steadied as traders monitored India’s buying of Russian crude and Ukrainian attacks on its neighbor’s energy infrastructure.

Brent crude traded below $64 a barrel after posting its first back-to-back weekly gain since August, while West Texas Intermediate was near $60.

Read the full Bloomberg article here.

National Stock Exchange of India (NSE) has made sweeping changes to the way Futures and Options (F&O) trade, effective Monday, Dec. 8.

Starting Monday, NSE will conduct pre-open sessions for equity derivatives between 9 a.m. to 9:15 a.m. During this timeframe, traders will be able to conduct call auctions, mirroring the existing pre-market session for the cash segment.

The allotment for the Meesho IPO will be finalised on Monday, and the company's shares will debut on Dalal Street on Wednesday, December 10.

Investors can check the Meesho IPO allotment status on the official websites of BSE, NSE and Kfin Technlogies, the registrar for the issue, by following the step-by-step guide provided below.

PG Electroplast clarified that the information and claims in a report published in the HDFC Sky Platform on Friday were factually inaccurate and misrepresents the company's actual financial position. It has reached out to the brokerage for reviewing and rectification of the in the report.

The article in question is 'PG Electroplast in Limelight After Red Flags in Financial Health Raise Warnings'.