News Overview

FPIs net sold just $(114) Million in Indian equities in the week; although the market correction was very intense

The fact that Congress passed budget legislation early on Saturday, preventing a U.S. government shutdown, further improved investor optimism.

Gold fell to its lowest level since Nov. 18 last week due to the Fed's 25 basis point drop on Dec. 18, its cautious economic projections

Brent crude futures were up 26 cents, or 0.4%, to $73.20 a barrel. At $69.77 a barrel, U.S. West Texas Intermediate crude futures increased 31 cents, or 0.5%.

On December 20, the indices ended lower. The Sensex closed near the 78,000 mark, falling 1.5% from the previous close. Nifty closed below 23,600.

Here are some of the stocks that may see significant price movement today: Vedanta, NHPC, Reliance Industries, etc.

These projects include one for 249 MW and another for 149 MW, both from a well-known company involved in renewable energy development.

UltraTech Cement's board approved acquiring 32.72% equity stake in India Cements at ₹390 a share, said a filing at the BSE.

The investment will be made on 1,000 MW of solar power capacity to be established in the state to meet the growing demand for energy sustainably.

Asian Paints, Nestle, IndusInd bank, and Tata Cons Prod are the stocks that hit a 52-week low in the Nifty.