News Overview

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.

The issue price includes a premium of ₹2,519 per share, aggregating a total of ₹2,999.99 crore.

The subscriptions for the IPO close on 24 December 2024.

The company aims to use the net proceeds from the IPO towards repayment of debt and for other general corporate purposes.