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PRE MARKET
Gift Nifty indicates a muted start for the broader index in India, with a gain of 10.5 points or 0.04 percent. The Nifty futures were trading around the 25,926 level.
The Nasdaq recovered on Tuesday to close higher while the S&P 500 and the Dow closed lower, impacted by declines in healthcare and energy stocks. Investors evaluated delayed economic data to gauge the Federal Reserve’s monetary policy outlook for next year.
The Dow Jones Industrial Average fell 302.30 points, or 0.62%, to 48,114.26, the S&P 500 lost 16.25 points, or 0.24%, to 6,800.26, and the Nasdaq Composite gained 54.05 points, or 0.23%, to 23,111.46.
Asian shares tracked Wall Street at the open to post a modest decline after sluggish US jobs data did little to boost bets on further interest-rate cuts from the Federal Reserve.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted went down -1.36, -1.51, and -1.15 percenT, respectively.
STOCKS TODAY
Akzo Nobel India
Promoter Imperial Chemical Industries is likely to sell up to a 9% stake in Akzo Nobel India via a block deal, with the offer size estimated at Rs 1,290.6 crore and a floor price of Rs 3,150 per share.
Kaynes Technology India
The company’s subsidiary, Kaynes Semicon, announced two strategic partnerships with global technology leaders-AOI Electronics Co (Japan) and Mitsui & Co (Japan), to strengthen its upcoming semiconductor manufacturing operations in India.
HCL Technologies
NSE Academy, a subsidiary of the National Stock Exchange of India, has partnered with HCLTech to deliver a series of joint certificate programs in technology and finance. These programs aim to equip students and professionals with future-ready skills for the evolving digital economy landscape in banking, insurance, financial markets, and fintech across India and the Middle East and South Asia (MESA) region.
NBCC (India)
The company has received an order worth Rs 332.99 crore from IIT Mandi for Project Management Consultancy services, and another order worth Rs 12.05 crore from Kandla SEZ for day-to-day annual maintenance work.
Ahluwalia Contracts (India)
The company has received an order worth Rs 888.38 crore from the Bihar State Tourism Development Corporation. The order involves construction and overall development work of Shri Ram Janmabhoomi Tirtha Kshetra, Ayodhya, at Punauradham, Bihar, on an EPC mode.
Source – Moneycontrol