GIFT Nifty indicates a flat start; US markets gain, Asian market trades higher

The Dalal street benchmark indices Sensex and Nifty are likely to open
slightly lower on December 22 as trends in the GIFT Nifty indicate a flat to
negative start for the broader index with a loss.

US stocks surge after pullback
US stocks opened higher on Thursday, following updated economic growth
figures for the third quarter.

Asian markets rose heading into the Christmas weekend, with Japan reporting its
November inflation numbers and its central releasing minutes of the October monetary
policy meeting.


Dividend stocks: Shares of Kovilpatti Lakshmi Roller Flour Mills Ltd, R

Systems International Limited, Rajesh Exports Ltd, Sarthak Metals Ltd,
Alphalogic Techsys Ltd, and SM Auto Stamping Ltd will be in focus when the
market opens today

Angola decides to exit OPEC : Oil prices fell by roughly $1 a
barrel on December 21 after Angola said it would exit the Organization of the
Petroleum Exporting Countries (OPEC), raising questions about the producer
group’s efforts to support prices by limiting global supplies.

LIC: The company got an exemption from the Department of Economic Affairs
to achieve the 25 percent minimum public shareholding threshold within 10
years of listing in 2032.

Zomato: The company is unlikely to buy Shiprocket though media reports
say that zomato has made an offer to buy B2B logistics start-up Shiprocket,
the deal looks “unlikely”

GMR Airports Infrastructure: Subsidiary GMR Airports has entered into a
binding agreement with the National Investment and Infrastructure Fund (NIIF)
to invest Rs 675 crore in the upcoming airport at Bhogapuram, Andhra

AllCargo Gati: The logistics company has received approval from the Board
of Directors for raising funds up to Rs 500 crore. This is growth capital for
expansion, capex, working capital, etc.

ADF Foods: The company invested Rs 5 crore in subsidiary Telluric Foods
India through 50 lakh Optionally Convertible Redeemable Preference Shares
(OCRPS). Telluric Foods India will give Rs 2.5 crore as a working capital loan
to its subsidiary, Telluric Foods, for its e-commerce business.