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Vedanta Ltd. traded 0.49 per cent up at Rs 261.9 at 10:35AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 71.17 points to 71243.92. The stock had closed at Rs 260.6 in the previous session.

market as the gauge for smallcap stocks has given about 15% returns. With smallcap stocks continuing their non-stop one-way move, mutual funds increased their bets in many of them in the last one month. Atleast eight small cap stocks, which have given more than 40% returns since November, saw increase in mutual fund holding, data by Ace MF showed.

The Minnesota Court of Appeals has affirmed a decision by state regulators to grant a major permit for the proposed NewRange copper-nickel mine

Traders who trade in indexes do not encounter a situation of security ban. The MWPL for Balrampur Chini stood at 104.9% on Monday with OI reported by Trendlyne at 10.1. It was down by 4.9% from the previous session. The MWPL for National Aluminium stood at 101.5% on Monday with OI reported by Trendlyne at 71.4 million.

financial crisis. Schiff’s recommendation to divest from the US stock and bond market, coupled with his emphasis on the risks associated with government and corporate debt, necessitates a thorough examination. He contends that the immense levels of government and corporate debt within the US market are unsustainable.

By Scott Murdoch and Melanie Burton

Credo Brands Marketing IPO: The initial public offering (IPO) of Credo Brands Marketing Limited has opened today and it will remain open till 21st December 2023 i.e. till Thursaday this week. This means, Credo Brands IPO date of subscription will remain open from Tuesday to Thursday this week.

₹52 to ₹55 per equity share of the face value of ₹10.Motisons Jewellers IPO comprises a fresh issue of shares of up to 2,74,71,000 equity shares of face value of ₹10 each, as per Red Herring Prospectus (RHP).Motisons Jewellers Limited sells jewellery crafted from gold, diamonds, and kundans in addition to other jewellery items made of metals like pearl, silver, platinum, and other alloys.Motisons Jewellers IPO comprises a fresh issue of shares of up to 2,74,71,000 equity shares of face value of ₹10 each, as per Red Herring Prospectus (RHP).The company intends to use the net proceeds of the fresh offering to finance the following goals: meeting the company's working capital needs; general corporate purposes; and repaying the company's outstanding loans from scheduled commercial banks.The registrar of the Motisons Jewellers IPO is Link Intime India Private Ltd, and the book running lead manager of the offering is Holani Consultants Private Limited.Motisons IPO GMP today or Motisons IPO grey market premium is +109, similar to the previous session. This indicates Motisons Jewellers share price were trading at a premium of ₹109 in the grey market, according to investorgain.com.Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Motisons Jewellers share price was indicated at ₹164 apiece, which is 198.18% higher than the IPO price of ₹55.Based on last 16 sessions grey market activities, today IPO GMP points upward and expects a strong listing.

“Indian markets are not necessarily in the bubble zone as of now. Markets are certainly in the higher than long-term average zone, but not in the Bubble zone," Rohit Agarwal, Senior Executive Vice President and equity Fund Manager,Kotak Mahindra Life Insurance Company Limited. In an interview with ETMarkets, Agarwal said: “In the last 3 years or so, market earnings have beaten the market expectations. Going forward, market expectations are mid-teens type of earnings,” Edited excerpts: The month of December started on a robust note with benchmark indices hitting fresh record highs. Where is the market headed in 2024? The macro has improved recently. With the State election results throwing some positive surprises, the equity markets have rallied.

The S&P 500 (SPX) closed 2.5% higher last week, which marked the 7th straight week of gains. The index is now very close to posting fresh record highs as it returns to trade above 4700 for the first time since January 2022. Overall, the S&P 500 is up about 15% from the October lows.

₹5,000 per tonne to ₹1,300 per tonne. Simultaneously, SAED on diesel exports has been scaled down from ₹1 per litre to ₹0.50 per litre.

global market cues. The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading around 21,465.00 level as compared to the Nifty futures’ previous close of 21,466.00.

Happy Forgings IPO: The initial public offering (IPO) of Happy Forgings Limited has opened today and it will remain open till 21st December 2023 i.e. till Thursaday this week. This means, Happy Forgings IPO date of subscription will remain open from Tuesday to Thursday this week.

Day trading guide for today: After logging gains for seventh week in a row, Indian stock market ended lower on Monday. Nifty 50 index finished 38 points down at 21,418 levels, BSE Sensex corrected 168 points and closed at 71,315 mark while Bank Nifty corrected 275 points and finished at 47,867 levels. In broad market, small-cap index gained 0.48 per cent while mid-cap index added 0.28 per cent.

Buy or sell stocks for today: After logging gains for seventh week in a row, Indian stock market ended lower on Monday. Nifty 50 index finished 38 points down at 21,418 levels, BSE Sensex corrected 168 points and closed at 71,315 mark while Bank Nifty corrected 275 points and finished at 47,867 levels. However, broad market outperformed key benchmark indices.

Catch Live Market Updates here Investors await the decision of Bank of Japan policy meeting wherein members are likely to debate whether economic conditions are falling into place for the bank to begin unwinding ultra-loose monetary settings. None of the economists polled by Reuters expect the central bank to end its negative interest rate policy on Tuesday with most projecting such an action to happen next year. Meanwhile, the domestic equity indices ended lower on Monday as investors seem to book profits after markets set a new high last week.

DOMS IPO allotment: After closure of bidding for the initial public offering (IPO) of DOMS Industries Ltd, share allotment has been declared now. Those who have applied for the public issue are advised to check DOMS IPO allotment status online by logging in at BSE websire or at the official website of DOMS IPO registrar — Link Intime India Private Limited.

Easy Trip Planners Ltd and Paul Merchants Ltd will be in focus when the stock market opens on Tuesday (December 19). The Board of Directors of these companies have declared interim dividend and bonus issue for the eligible shareholders. Easy Trip Planners: The company has declared an interim dividend of ₹0.10 per share.

1) Happy Forgings IPO Dates: Happy Forgings IPO opens for subscription on Tuesday, December 19, and will close on Thursday, December 21. The IPO allotment is expected to be finalized on December 22.

US Federal Reserve said that it expects the federal funds rate to be at 4.6% by end 2024 and lower thereafter, down from the earlier forecast of 5.1%. The federal funds rate is the rate at which banks in the US lend money to each other on an overnight basis. The rate currently stands at 5.25-5.5%.

A veteran Philadelphia-area broker, Austin Dutton, who for years has been under the scrutiny of securities regulators, is now facing one of the most dire developments in the career of a financial advisor: a Wells Notice.