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Ventive Hospitality will debut on the exchanges on Monday. Ahead of the listing, the company's shares were trading with a GMP of Rs 70 in the grey market. Considering the upper price band of Rs 643, the stock is expected to list at a premium of just over 10% compared to the issue price.

Japanese yen traded around five-month lows on Monday against a dollar underpinned by rising U.S. yields as thin year-end liquidity kept most currencies in tight ranges. The yen was changing hands at 157.71 with only the risk of Japanese intervention preventing another test of the 160 level last seen in July.

Dhananjay Sinha, Co Head of Equities & Head of Research, Systematix Group, says concerns have eased as the VIX index has fallen globally and in India, indicating a potential short-term improvement in market sentiment. The market is currently experiencing rotation and significant trading activity. However, Systematix’ outlook for the 2025 stock market suggests that margin pressures will continue due to rising raw material costs, particularly affecting companies in the consumer sector and related industries. There are also pressures in the metals, cement, and infrastructure sectors. Sinha is interested in the pharmaceutical sector and the recent changes in the consumer market. They plan to explore several opportunities in this area and have a positive outlook on e-commerce as well. What are you making of the markets heading into next year, especially sectors like IT and pharma? IT has not done very well for itself, but pharma and real estate have outperformed the entire Street. Is the rally seen in both of these indices continuing heading into the next year? Dhananjay Sinha: From a market standpoint, the market has been fairly choppy in the recent months. The key factor has been the fact that earnings season has not panned out that great. Over the last couple of quarters, there has been a contraction in the profitability of non-finance companies and that is impacting the earnings expectations from a consensus standpoint.

wealth creators. These stocks have a market capitalization of Rs 5,000 crore or more and have delivered multibagger returns ranging from 315% to 104%. Among the major stocks are Trent, Zomato, PB Fintech (Policybazaar), Rail Vikas Nigam Limited (RVNL), Cochin Shipyard, Mazagon Dock Shipbuilders, KFin Technologies, Oracle Financial Services Software (OFSS), Kalyan Jewellers, Wockhardt, and Dixon Technologies.

Subscribe to enjoy similar stories. The promise of big returns from thematic and sectoral funds comes with equally high risks. With nearly half of the 147 thematic and sectoral mutual funds trading below their issue price as of December, it is important to assess whether thematic funds belong in your portfolio or if they are better avoided.

Rupee settled at new lows as the year closed as dollar's resurgence weighed on emerging-market currencies.

SEBI) proactive reforms, sectoral policies, and an evolving technological landscape. However, challenges such as regulatory compliance and global market volatility require careful navigation by stakeholders.

«Persistent concerns over FII outflows and the depreciating rupee, along with potential adverse tariffs and reduced expectations for rate cuts in 2025, contributed to the muted market trend. Uncertainty surrounding Trump's economic policies and high valuations may impact the stock market in the short term, particularly in emerging markets,» said Vinod Nair, Head of Research, Geojit Financial Services.

Mukesh Ambani's Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for Rs 375 crore, the firm said on Saturday. Reliance Strategic Business Ventures (RSBVL), a wholly-owned subsidiary of Mumbai-listed India's most valuable company, completed the acquisition of Karkinos Healthcare Pvt Ltd with allotment of requisite shares, the firm said in a stock exchange filing. Karkinos was incorporated in India on July 24, 2020, and is in the business of providing technology-driven innovative solutions for the early detection, diagnosis, and management of cancer. It had a turnover of about Rs 22 crore in the 2022-23 fiscal.

Looking forward to 2025, the strong momentum in the IPO market will continue through to the next year with some experts predicting the fundraising to cross Rs 2 lakh crore. This year, companies have cumulatively raised a record Rs 1.3 lakh crore.

Vodafone Group has cleared dues of around Rs 11,650 crore or about 109 million pound that it raised against shares of Vodafone Idea, according to a regulatory filing. Vodafone Group had pledged almost the entire stake in VIL to raise the debt. The pledge was created in favour of HSBC Corporate Trustee Company (UK) for the debt raised by Mauritius and India-based entities of Vodafone Group.

For 2024 till 27th December, FIIs net sold equity for Rs 1,19,277 crore through the exchanges.

Nifty spent the truncated week struggling to stay afloat just below the key resistance levels. With just four working days, the Nifty resisted each day to the 200-DMA and failed to close above that point. The trading range got much narrower, and the Nifty oscillated in just 291.65 points before closing with a minor gain. The volatility also cooled off as compared to the previous week. Against the surge of 15.48%, this week saw India VIX declining by 12.17% to 13.24. Following strong consolidation, the headline index closed with a modest weekly gain of 225.90 points (+0.96%).

A genetic analysis suggests the bird flu virus mutated inside a Louisiana patient who contracted the nation’s first severe case of the illness, the U.S. Centers for Disease Control and Prevention said this week.

Even with its slight loss on Friday, the U.S. dollar was headed for an almost 7% annual gain, as traders anticipated robust U.S. growth, as well as tax cuts, tariffs and deregulation by the incoming administration of President-elect Donald Trump, would make the Federal Reserve cautious on rate-cutting well into 2025.

Wall Street's holiday cheer ended abruptly on Friday, with all three main benchmarks closing lower in a broad-based sell-off affecting even tech and growth stocks that had driven markets higher through much of the shortened trading week. The decline ended the Dow Jones Industrial Average's five-session winning streak that had followed a 10-session decline, its worst losing stretch since 1974.

The S&P 500 rose roughly 25% in 2024 through Dec. 27, while the technology-heavy Nasdaq Composite index .IXIC >, which surpassed 20,000 for the first time in December, is up over 31%.

2024 was another banner year for a source of electricity that is better for people’s lungs, better for climate change and may be reaching your home now when you turn on the lights or turn up the thermostat — large banks of batteries

Markets watchdog Sebi on Friday clarified the rules for transfer and transmission of shareholding among immediate relatives for investment advisers, research analysts, and know your client (KYC) registration agencies (KRAs). The move aims to streamline regulatory compliance and protect investor interests while ensuring transparency in the functioning of these intermediaries. With regards to transfer among immediate relatives, Sebi, in its circular, clarified that transferring shares among immediate relatives will not constitute a «change in control.»

«The Securities and Exchange Board of India (Sebi) hereby notifies that, the recognition granted to the Indian Commodity Exchange Ltd stands withdrawn with effect from the date of publication of this notification in the official gazette,» Sebi said in its notification dated December 24.

capital on Friday on the back of continued buying by jewellers and depreciation in the rupee, according to All India Sarafa Association. Traders said the safe-haven asset is also strengthened by escalating geopolitical tensions stemming from the ongoing Russia-Ukraine war and tensions in the Middle East. The yellow metal on Thursday settled at Rs 78,850 per 10 grams.