News Overview

Bitcoin, the market leader last week, was last at $99,642 after breaking above the six-figure mark for the first time at a record $103,649.

Spot gold was up 0.1% at $2,631.60 an ounce, following a session high of $2,647.99. At $2,658.10, U.S. gold futures were stable.

Brent crude prices dropped 1 cent to $71.11 per barrel. West Texas Intermediate oil futures in the United States increased by one cent to $67.21 per barrel.

FPIs net bought $2,886 Million in Indian equities in the week; marking a sharp turnaround in FPI sentiments

On December 6, Indian indices ended on a flat note after RBI holds repo rate and cuts CRR.

The company stated that the demand originated from a previous order issued by the Principal Commissioner of Customs in Ahmedabad.

The acquisition comprises Camso's assets, which generated $213 million in revenue in 2023, as well as two manufacturing sites in Sri Lanka.

Suven is now a prominent player in the ADC outsourcing market, estimated to be worth $2.7 billion (approx. ₹22,815 Crore).

Here are some of the stocks that may see significant price movement: Godrej Consumer Products, Biocon, Paytm, etc.

While repo rates were steady, the RBI cut the CRR, raised the inflation expectation and cut GDP growth estimate for FY25