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Energy Secretary Jennifer Granholm says the incoming Trump administration should proceed cautiously as it considers proposals for new natural gas export terminals

Sebi) Tuesday barred foreign portfolio investors from issuing offshore derivative instruments (ODIs), locally referred to as participatory or P-notes, which have an India-listed security as an underlying asset. Additionally, the regulator prohibited overseas funds from hedging ODIs with derivative positions on Indian stock exchanges. Furthermore, Sebi asked foreign portfolio investors (FPI) issuing ODIs to obtain ownership information of all the investors holding such instruments.

IPO price: Rs 269-283 IPO size: Upto Rs 840 crore

HDFC Bank and ICICI Bank, along with declines in blue-chip stocks like Reliance Industries and Bharti Airtel weighed on the benchmarks. The benchmark BSE Sensex lost 1064.12 points or 1.30% to settle at 80,684.45, while the broader Nifty 50 index closed at 24,336.00, lower by 332.25 points or 1.35%.

bank capped losses. The rupee hit a low of 84.93 against the U.S. dollar, before closing at 84.8950, down 0.04% on the day.

These high-performing stocks that rallied more than 10% during the session included, Sambhaav Media(13.05%), Jyoti CNC Automation(12.05%), Amal Ltd(11.71%), Enbee Trade Fin(11.63%), Duropack Ltd(11.49%), LGB Forge(10.89%), RGF Capital Markets(10.84%), EMS(10.57%), Gala Precision Engin(10.48%) and Mangalam Global Ent(10.19%).

HDFC Bank and ICICI Bank and declines in blue-chip stocks like Reliance Industries and Bharti Airtel weighed on the benchmarks. The benchmark BSE Sensex lost 1064.12 points or 1.30% to settle at 80,684.45, while the broader Nifty 50 index closed at 24,336.00, lower by 332.25 points or 1.35%.

Those interested can buy 21 shares in one lot and in multiples thereafter.

bank meetings this week that is likely to see the U.S. Federal Reserve deliver a rate cut and the Bank of Japan stand pat for now. The pan-continental STOXX 600 was down 0.5%, to a two-week low. Germany's DAX, France's CAC 40 and Britain's FTSE 100 were lower by between 0.1% and 0.7%.

According to BSE, Nippon MF, Kotak MF, Axis MF, SBI Pension Fund, and HDFC Life participated in this round. The five years coupon bearing debt carries an interest rate of 7.73%.

Buoyed by domestic growth prospects, technological advancements, and robust policy measures, India continues to solidify its position as a key player in the global economic arena.

Investec, Equirus, and JM Financial have shared their outlooks on Afcons Infrastructure, Delhivery, and Piramal Pharma, respectively, projecting significant upsides for investors.

Securities and Exchange Board of India (Sebi) is likely to discuss a number of proposals including revamping rules for initial public offerings of small and medium enterprises, changes to the framework for custodians such as doubling their minimum net worth to ₹100 crore from the current requirement of ₹50 crore and expanding the ambit of unpublished price-sensitive information. The Sebi board is scheduled to meet on December 18. The board will consider whether to raise the minimum application size for the public offerings of small and medium(SMEs) to ₹2 lakh or even higher at ₹4 lakh from the existing ₹1 lakh. The proposed tightening of rules comes in the wake of instances of diversion of issue proceeds to shell companies controlled by promoters and inflation of revenue by circular transactions through related parties.

Federal Reserve. A key stock benchmark for the region climbed, as did shares in Australia and Japan. South Korean equities fell, while futures for Hong Kong stocks pointed to a decline. The moves came after a positive session on Wall Street, where the Nasdaq 100 gained more than 1% to reach another record high.

Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls. Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 3.1% at $104,493 at 0857 GMT. Smaller crypto ether rose 1.2% to $3,952.

Zomato is projected to witness inflows of about $513 million next week as the food delivery giant is set to enter BSE Sensex’s 30-share frontline index on December 23 as part of the planned rejig, brokerage firm Nuvama said. The food delivery giant’s index inclusion would make Zomato the first new-age tech stock to enter the 30-share frontline index. Meanwhile, JSW Group’s shares will exit the index as part of the planned rejig to make way for Zomato.

Ashok Leyland Ltd. traded 0.36 per cent at Rs 232.85 at 01:54PM (IST) on Monday, even as BSE benchmark Sensex 400.35 points to 81732.77. The stock had closed at Rs 232.00 in the previous session. The stock quoted a 52-week high price of Rs 264.70 and 52-week low of Rs 157.65, respectively. As per BSE data, total traded volume on the counter till 01:54PM (IST) stood at 574797 shares with a turnover of Rs 13.28 crore.

Colgate-Palmolive (India) Ltd. 1.37 per cent to Rs 2831.35 in Monday's trade as of 01:59PM (IST). The stock hit a high price of Rs 2899.95 and low of Rs 2827.30 during the session. The return on equity (ROE) for the stock stood at 70.54 per cent. Traded volume on the counter stood at 01:59PM shares and turnover at Rs 0.69 crore around that time. The stock of Colgate-Palmolive (India) Ltd. quoted a 52-week high price of Rs 3893.00 and 52-week low prices of Rs 2350.65, respectively.

«So, let us see, that depends on the commentary of the Fed but so far the data build up has been positive. So, probability is that if the data remains stagnant or it remains like this only, then there is a good probability that we will hit the upper range. So, so far the setup is neutral to bullish,» says Aditya Arora, Adlytick. What is your bet? Are we likely to hit 25,000 over the next 10 to 15 days or not? Aditya Arora: Look, market is actually waiting for a big trigger and that trigger lies in Fed's meeting which is lined up in this week. So, before that I do not think market will show very big movement, but in fact would consolidate in a tight range.

LG Electronics Inc. is considering increasing the valuation of its Indian unit to as much as $15 billion in a planned listing in Mumbai next year after initial feedback from analysts and investors, according people familiar with the matter. The South Korean company is planning to start a formal roadshow for LG Electronics India Pvt.’s IPO within the next two months and is targeting a listing in the first half of 2025, the people said, asking not to be identified because the information is private. The company had earlier eyed a valuation of around $13 billion, Bloomberg News reported in September.

bank meetings this week largely trumped a rise in heavyweight chip-related shares. The Nikkei erased early gains to close down 0.03% at 39,457.49, while the broader Topix shed 0.3% to 2,738.33.