News Overview

Brent crude futures had increased by 6 cents, or 0.1%, to $79.29 per barrel.

Brent crude futures rose by 6 cents (0.1%) to $79.29 per barrel, while U.S. West Texas Intermediate crude increased by 17 cents (0.2%) to $74.11 per barrel.

The CME FedWatch tool indicates that market players are pricing in a 67.5% possibility of the first rate decrease occurring at the Fed's March meeting.

Reliance Retail Ventures, a division of RIL, acquired Metro Cash & Carry India in December of last year for Rs 2,850 crore in cash.

Azad Engineering's Rs 740-crore IPO is set to open for subscription on December 20, featuring a price band of Rs 499-524 per share.

Spot gold barely changed at $2,038.49 per ounce. At $2,051.60, U.S. gold futures remained flat.

Asian markets are in a higher momentum as US rate cut expectations lingered near the year’s end.

Here are some of the stocks that may see significant price movement today.

The price band for the offer, which closed on December 20, was set at Rs 277-291 per share.

Scheduled to close on December 22, the IPO comprises fresh issuances of shares worth Rs 240 crore and an offer-for-sale (OFS) of shares worth Rs 500 crore