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block deals worth Rs 5,683 crore on screen, which included both buying and selling action. In the largecap segment, 15 companies witnessed significant block deals on the screen worth Rs 2,477 crore, led by Reliance Industries with 8 block counts totalling Rs 461 crore. The next in line were Zomato (Rs 343 crore), ICICI Bank (Rs 312 crore), Bajaj Auto (Rs 241 crore), Godrej Consumer (Rs 171 crore), Kotak Mahindra Bank (Rs 160 crore), Nestle India (Rs 137 crore) and HDFC Bank (Rs 114 crore).

Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut expectations after data showed cooling U.S. inflation. Brent crude futures closed up 6 cents, or 0.08%, at $72.94 a barrel. U.S. West Texas Intermediate crude futures rose 8 cents, or 0.12%, at $69.46 per barrel.

U.S. president-elect Donald Trump has warned the EU that it must commit to buying “large scale” amounts of U.S. oil and gas or face tariffs, in his first trade salvo against Brussels since his election victory.

Indian exporters of garments, handicrafts, and engineering goods expect 5-10% gains from the rupee’s depreciation, but more import-dependent sectors such as gems and jewellery and electronics see rising oil and commodity prices offsetting any benefits, trade insiders said. Moreover, the sharper depreciation of the Chinese yuan, Japanese yen, and Mexican peso against the US dollar may prompt buyers to pressure Indian exporters to pass on the gains, besides undermining any long-term competitive advantage from the rupee’s fall, they said. The rupee hit an all-time low of 85.09 per dollar on Thursday, crossing the 85 mark for the first time. On Friday, the rupee hit a new low of 85.10/$1. Almost 60% of India’s goods trade is in dollars, and the depreciation will help traditional sectors such as textiles and leather.

Nvidia investors will soon reap in some awesome benefits in the coming months, when Donald Trump assumes the role of US President after Joe Biden's tenure. This is majorly because of the fact that Trump is considered to be pro-market and some of his economic policies, although reportedly inflationary, may bringing in a bulkload of money for the US Treasury, if reports are to be believed.

National Single Window System including foreign direct investment (FDI) approvals, petroleum-related services, hallmarking and start-up registration. The national portal integrates the existing clearance systems of the various ministries and departments of the centre and state governments. In its year end review, the Department for Promotion of Industry and Internal Trade (DPIIT) also said that from 2000 to 2024, a total FDI inflow of $991 billion was recorded, with 67% received during the last ten financial years (2014-2024). The department also said that the production linked incentive schemes for 14 sectors have achieved significant milestones, including investments of ₹1.46 lakh crore, production/sales of ₹12.5 lakh crore, exports worth ₹4 lakh crore and employment for 9.5 lakh individuals.

Shares of Trump Media and Technology Group slid in midday trading Friday after President-elect Donald Trump transferred all of his shares into a revocable trust, according to a regulatory filing

SlateStone Wealth chief market strategist Kenny Polcari addresses the 'nervousness' over Trump's expected tax cuts on 'Varney & Co.'

In his latest trade war threat, the incoming GOP president spoke out against Brussels via his account on social media site Truth Social.  In the post, Trump said: «I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas. Otherwise, it is TARIFFS all the way!!!» Trump inflationary risks force economists to temper Fed rate cut expectations — reports Many members of the incoming Trump administration, including the president-elect, reiterated the ‘drill baby drill' mantra during the presidential cam...

Piramal Enterprises' board of directors today (Friday, December 20) approved the company's plans to raise up to Rs 2,000 crore via issuance of Non-Convertible Debentures (NCDs) of face value Rs 1,000 each in one or more tranches. The decision was taken in a meeting held today and the company informed about the development after market hours.

This SLB invested in domestic local currency is the first by a warehousing InvIT in India. The funding aims to support the expansion of NDR InvIT’s warehousing operations, enhance infrastructure quality, and promote sustainable practices. It will also facilitate EDGE Certification — an international green building certification system by IFC — of existing in use facilities, reduce greenhouse gas emissions and lower water consumption.

With president-elect Donald Trump threatening punitive tariffs of 25 per cent, Canada should look to a reliable, old ally for expanding trade: the United Kingdom.

non-tariff barriers being faced by its domestic industry in the European Union (EU) and emphasised the need to address long pending issues as a confidence building measure under the bilateral free trade agreement (FTA) talks, the government said Friday. The issue were discussed during a meeting between commerce and industry minister Piyush Goyal and European Commissioner for Trade and Economic Security Maros Sefcovic last night virtually. “Goyal underlined that non-tariff barriers were impeding trade and emphasized the need to address long pending issues as a confidence building measure. Both sides agreed to explore a balanced, equitable, ambitious and mutually beneficial FTA,” the commerce and industry ministry said in a statement.

Bharat Petroleum Corp Ltd has bought its first crude oil cargo from Argentina, two trade sources said on Friday, part of the company's effort to diversify the grades processed at its refineries. The state-run refiner has purchased the 1-million-barrel cargo of Medanito crude for February delivery from European trader Mercuria, the sources said. The light-sweet grade is of a similar quality to U.S. West Texas Intermediate crude, they added.

Shares of Dr. Reddy's Laboratories Ltd.(up 1.37 per cent), Divi's Laboratories Ltd.(up 0.45 per cent) and Glenmark Pharmaceuticals Ltd.(up 0.06 per cent) ended the day as top gainers in the pack.

Benchmark NSE Nifty closed 364.21 points down at 23587.5 amid selling in frontline bluechip counters.

«We now have more smallcap folios than largecap. The aum for smallcap and largecap indices is almost alike and they are buying the same illiquid stock which is creating this very large dislocation. How does this unwind?,» says Jigar Mistry, Co-Founder, Buoyant Capital. Help us with your take and your outlook for the Indian markets for 2025 because 2024 has been a very interesting one, but 2025 a lot of these key drivers could be there, there could be rate cuts, the new us president-elect will be there. So, what is your outlook and expectation from the Indian markets? Jigar Mistry: We need to take a step back from the overall equity experience that we seem to be having. If you look at your over a 5 or 10-year rolling returns, the EPS growth and the share price growth at the index level largecap or smallcap or at the stocks with long enough history it has always aligned. The current observation, however, suggests that especially in the smallcap space you are seeing a huge dislocation which is something that has not really happened before.

Mazagon Dock Shipbuilders have made a bottom after taking support near the Rs 3,870 level, from where the stock resumed its upward journey, having broken above its previous swing high near the Rs 4,900 zone. The stock made a fresh high of Rs 5,860 in the month of July, from where it corrected about 51% as it came down to the above-mentioned support zone.

One MobiKwik Systems fell by as much as 5.7% on Friday to Rs 510.30 on the BSE. This decline came as investors engaged in profit booking after a sharp rally of 37% in the previous two days following the fintech firm’s Dalal Street debut. MobiKwik, which listed on the stock exchanges on Wednesday at a 58.5% premium over its issue price of Rs 279, saw its shares open at Rs 442.25 on the BSE. The stock had already delivered a 117% return as of Thursday, peaking at an intraday high of Rs 605 before retreating on Friday.

MphasiS Ltd. traded at Rs 2984.65 on BSE at 02:06PM (IST) on Friday, 4.27 per cent from previous close. The stock quoted a 52-week low price of Rs 2180.05 and a high of Rs 3239.55.

Shriram Finance Ltd. 1.11 per cent to Rs 2913.40 at 01:29PM (IST) in Friday's trade. The counter hit a high of Rs 2962.15 and low of Rs 2906.45 so far during the session. The stock had closed at Rs 2946.20 in the previous session. The counter had a total traded volume of 01:29PM shares so far with a turnover of Rs 2.99 crore on BSE. The stock traded at a price-to-earnings multiple of 13.63 and a price-to-book ratio of 1.81.