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Shriram Finance shares could see action in trade today after a credit rating upgrade. This follows a significant deal with Japan’s MUFG. The upgrade reflects strong performance and the strategic investment. Analysts are positive, raising target prices. The deal strengthens Shriram Finance’s capital and future growth prospects. This development boosts confidence in India’s lending sector.
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Indian markets opened the final trading week of the year on a subdued note, with major indexes experiencing a dip. Technology stocks, which recently propelled the S&P 500 to record highs, saw a pullback. Despite this, experts remain optimistic about the tech sector’s long-term prospects, citing strong fundamentals and growth potential. Energy stocks bucked the trend with a notable gain.
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The U.S. dollar remained steady ahead of the Federal Reserve’s December minutes, which are expected to reveal internal divisions on future policy. Currency markets saw limited movement due to thin liquidity, with the euro and sterling posting strong gains against a dollar poised for its steepest annual decline in eight years amid Fed rate-cut bets and economic concerns.
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EPW India’s stock market debut is expected to be subdued. The grey market premium is low, indicating a cautious opening. The company raised funds for working capital and debt repayment. Its business involves refurbished IT hardware. Financials show strong growth. Future performance will depend on execution and financial management.
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Oil prices saw a slight dip on Tuesday. This followed a rise in the previous session. Precious metals’ decline influenced the market. Escalating Russia-Ukraine tensions continue to raise supply disruption fears. Analysts anticipate a potential oil glut in early 2026. Saudi Arabia is expected to lower February crude prices for Asian buyers.
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