News Overview

In October, J Kumar Infraprojects received an order of ₹1,847.72 Crore in Thane, Maharashtra.

The approval enables Lupin to offer a generic version of Descovy pills, which were originally produced by Gilead Sciences Inc.

The firm has withdrawn its proposed ₹450 Crore rights issuance, citing the need for more funding to sustain its expansion objectives.

While the Fed cut rates by another 25 bps in December, Powell cut the outlook to just 2 rate cuts in 2025

With higher inflation expectations and benign jobs scenario, few rate cuts may be warranted in the future

After falling more than 2% overnight to reach its lowest level since November 18, spot gold was barely altered at $2,588.80 per ounce.

Brent futures had dropped 33 cents, or 0.45%, to $73.06 a barrel. At $70.22, U.S. West Texas Intermediate crude dropped 36 cents, or 0.51%.

The Canadian dollar plummeted to its lowest level in more than four years at 1.44655 per US dollar, while the Swiss Franc fell to a five-month low of 0.90215 per dollar.

On December 18, the indices extended their losing streak for the third consecutive session.

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