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Stock Market LIVE: GIFT Nifty Indicates Muted Open; Ola Electric, Swiggy, Eternal, L&T In Focus

The GIFT Nifty was trading near 26,130 early on Friday.

<div class="paragraphs"><p> (Image source: NDTV Profit)</p></div>
(Image source: NDTV Profit)
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Good morning readers! The GIFT Nifty was trading near 26,130 early on Friday. The futures contract based on the benchmark Nifty 50 was down 41 points at 26,130.50 as of 7:05 a.m., indicating a tepid start for the Indian markets.
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Stock Market LIVE: Coforge In Potential Acquisition Discussions

Coforge is in advanced discussions for a potential acquisition valued at over $1 billion, according to people familiar with the matter.

Source: Media Reports


Stock Market LIVE: Titan To Launch New Jewellery Brand

Titan Company said it will launch a new jewellery brand, ‘beYon’, in Mumbai on December 29.

According to the exchange filing, beYon will offer a curated range of lab-grown diamond jewellery, marking Titan’s entry into the fast-growing lab-grown diamond segment.


Stock Market LIVE: Japan’s November Industrial Output

Japan’s November industrial output fell 2.6% month-on-month, lower than the expected 2.0% decline.

Retail sales in November rose 0.6% month-on-month, beating estimates of a 0.4% increase.


Stock Market LIVE: Stichting Frisse Wind Initiates Proceedings Against Tata Steel

  • Stichting Frisse Wind initiated proceedings against two arms

  • Proceedings pertain to allegations which hold arms liable for alleged damages Velsen-Noord ops

  • SFW seeks approximately €1.4 bn in compensation

  • Co has strong arguments to defend against claims

Source: Exchange Filing


Stocks To Watch Today: Ola Electric, Swiggy, Eternal, L&T

  • Ola Electric: Received government approval for a Rs 367 crore incentive payout under the Production-Linked Incentive (PLI) scheme for automobiles and auto components. The claim pertains to sales value in fiscal 2025.

  • Swiggy and Eternal: Gig and platform delivery workers called for an all-India strike on Dec. 25 and 31. Workers from Swiggy, Zomato, Zepto, Blinkit, Amazon and Flipkart participated, according to unions. Quick-commerce deliveries were suspended in parts of Gurugram.

  • L&T: Transportation & Infrastructure vertical secured an order worth Rs 1,000–2,500 crore from Mumbai Metro.



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