As of December 15, five stocks in the NSE F&O segment witnessed a sharp rise in futures open interest, signalling increased derivatives activity and expanding trader positions. Kaynes Technology India, Sammaan Capital, BSE, Life Insurance Corporation of India and ICICI Prudential Life Insurance Company recorded notable OI gains, indicating heightened market participation.Read More

The Indian rupee hit a new all-time low for the fourth straight day, reaching 90.82. This decline is driven by dollar demand from maturing positions in the non-deliverable forwards market and ongoing portfolio outflows. The rupee’s significant 6% drop against the dollar this year makes it one of the worst-performing emerging market currencies globally, impacted...Read More

ICICI Prudential AMC’s IPO entered its final day of bidding amid strong investor interest, supported by a firm grey market premium. Robust demand across investor categories, favourable brokerage recommendations and leadership in the asset management space underscore optimism, even as valuations remain on the higher side for short-term gains.Read More

The U.S. dollar declined to a near two-month low as markets awaited crucial economic data, including the delayed November jobs report, which will offer insights into employment conditions during the government shutdown. Meanwhile, other central banks are set to announce policy decisions this week, influencing global currency movements.Read More

Gold prices are climbing on hopes of a U.S. interest rate cut in January. Investors are keenly watching for crucial jobs data later today. Silver is trading near record highs achieved last week. Gold has seen a significant surge this year, becoming a top-performing asset. The U.S. dollar has weakened. The Federal Reserve previously cut...Read More

Global oil prices dipped again Tuesday as hopes for a Russia-Ukraine peace deal grew, potentially easing sanctions. Unprecedented U.S. security offers to Ukraine fueled optimism for an end to the conflict. Meanwhile, weak Chinese economic data, including slowing factory output and retail sales, raised concerns about global demand, further pressuring oil markets.Read More

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RBL Bank shares will be in focus following the immediate resignation of its Chief Financial Officer, Buvanesh Tharashankar. Tharashankar stepped down to pursue opportunities outside the organization. The bank has already identified an interim successor as part of its succession plan. His resignation was accepted on December 15, with his duties ceasing that day.Read More

HDFC Bank’s group entities have received RBI approval to acquire up to 9.50% in IndusInd Bank. The approval, valid until December 14, 2026, covers entities like HDFC Mutual Fund and HDFC Life Insurance. This precautionary measure was taken due to potential aggregate shareholding exceeding regulatory thresholds.Read More

Tata Power plans a substantial Rs 25,000 crore investment this fiscal year. A significant portion will fund clean energy projects. The company aims to double its renewable capacity and expand its customer base. New licenses are being sought in various states. This strategic move signals a major growth phase for Tata Power.Read More