News Overview

The more actively traded January futures climbed 13 cents, or 0.2%, to $76.17 a barrel, while the front-month December contract expires later on Monday.

The dollar index, which compares the US dollar to a basket of six other currencies, increased by 0.04% to 103.95, but it was still unable to overcome the two-month low of 103.79 set last week.

According to SBI Card, this is a welcome move by the RBI to promote judicious expansion in unsecured lending.

SAMCO Dynamic Asset Allocation Fund NFO is an opportunity for MF investors to invest in a dynamically managed hybrid fund.

Nifty Midcap 50 stocks ended with a gain of 0.25%.

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

The CME Fedwatch again diverged from the Fed statement in a big way after the US inflation came in sharply lower at 3.2%.

Nifty closed above 19,700 this week, but the coming week would be about US FOMC minutes and FPI flows into India.

The sharp fall in US inflation in October led to the US bond yields and the dollar index weakening this week.

FPIs turned net buyers in equities in November 2023 as IPO inflows more than offset the secondary market outflows.