News Overview

It was a difficult month for the stock market, but financials are emerging as the new favourite of the markets

RITES wins $3.6 mn order from Zimbabwe firm for diesel electric locomotives, to be executed in 3 months; stock up 2.45%.

Privi Specialty Chemicals may see up to 6.32% stake sale via a ₹700 Cr block deal at an 11% discount

IHCL takes an exit from TAJ GVK Hotels. Shalini Bhupal acquires 25% stake for 592 crores

Power Grid Corporation of India Limited secures a letter of award for developing a large-scale battery energy storage system in Andhra Pradesh.

Stocks in focus on year-end: PowerGrid wins BESS project, RITES bags $3.6 mn order, Privi sees ₹700 Cr block deal, IFCI exits NEDFi stake, Bharat Forge wins ₹1,662 Cr defence order.

A quick look at 7 key global and domestic signals over the last one week

In the coming week, a lot will depend on FPI allocations and the direction of the Indian rupee

Markets had a lacklustre week as investors tried to salvage some pride towards the end of a volatile year

FPIs net sold equities worth $(62) Million this week, as FPIs remained cautious ahead of the year-end