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GE Vernova T&D India shares rose sharply after the company secured a large HVDC transmission project from AESL Projects Limited. While the order strengthens long-term growth visibility and underscores technical capabilities, the stock is trading near its peak with rich valuations, suggesting optimism may already be priced in.
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As the year-end approaches, global markets remain volatile amid mixed U.S. economic signals, geopolitical risks and uncertainty over a Santa rally. Investors are closely tracking key data releases, oil-market developments and central bank cues in Asia as a turbulent year draws to a close.
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U.S. equities have seen a choppier-than-usual December, defying the typical year-end rally even as major indices remain on track for solid full-year gains in 2025. Recent volatility has been driven by concerns over heavy AI-related capital spending and uncertainty around the Federal Reserve’s interest-rate outlook.
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Shares of Knowledge Marine & Engineering Works fell 51% after turning ex-split, reflecting a technical price adjustment. The drop did not affect fundamentals, and the stock later rebounded over 11% intraday, leaving investors’ overall holding value unchanged.
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Ola Electric shares saw a nearly 10% jump Friday after CEO Bhavish Aggarwal sold a portion of his stake to repay debt and eliminate promoter pledges. This move aims to reduce risk and volatility, though the stock remains down significantly year-to-date and from its peak, with technical indicators flashing caution.
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