Stock Market LIVE: Gift Nifty Indicates Positive Open; Suzlon, Vedanta, IndiGo, Mamaearth In Focus
The GIFT Nifty is trading marginally higher at 26,140, indicating a positive-bias open for the benchmark index.
Stock Market LIVE: Sona Selection Files IPO Papers
Sona Selection files draft papers for IPO. The IPO will include only a fresh issue of upto 1.4 crore shares.
Source: DRHP
Stock Market LIVE: Dr Reddy's To Achieve Zero Greenhouse Gas Emissions
Dr Reddy's is set to achieve net zero greenhouse gas emissions across value chain by FY45.
The company is set to:
Reduce absolute scope 1 & 2 greenhouse gas emissions by 80% by FY30
Reduce scope 3 emissions by 51.6% by FY30
Reduce absolute scope 1, 2 & 3 emissions by 90% by FY45
Alert: FY23 to be used as the base year.
Source: Exchange Filing
Stock Market LIVE: GMR Power To Consider Fundraise
GMR Power's board is set to meet on Dec. 17 to consider a Rs 1,200 crore fundraise.
Source: Exchange Filing
Stock Market LIVE: Gold, Silver Prices Trade Higher
Gold prices in India rose slightly to Rs 1,32,720, with silver also witnessing a slight uptick at Rs 1,98,980 on Friday, according to the India Bullion Association.
Stock Market LIVE: Commodity Check
Copper surged to a new record, along with most other industrial metals, following the Fed’s widely anticipated rate cut and its upgraded US growth outlook. Copper jumped as much as 3% to $11,906 a ton in London, surpassing Monday’s peak.
Gold held steady after three straight sessions of gains, buoyed by expectations of further US monetary easing. Silver hovered near a record high. Bullion was little changed at around $4,280 an ounce, after rising 1.2% in the previous session.
Oil rebounded from its lowest close in nearly two months, supported by optimism across financial markets. West Texas Intermediate approached $58 a barrel after a 1.5% drop in the prior session, while global benchmark Brent settled above $61.
