Gift Nifty indicates a slightly negative start for the Indian market; US markets ended higher; Asian stocks also opened mixed

PRE MARKET

Gift Nifty indicate a negative start for the broader index in India, with a loss of 49.50 points or -0.19 percent. The Nifty futures were trading around 26,085.50 level.
US stocks climbed with the Dow Jones Industrial Average up +0.17%, to 47,962.12 points, the S&P 500 gained +0.30%, to 6,849.90 points and the Nasdaq Composite added +0.18%, to 23,456.95.
Asian stocks swung between gains and losses on December 4.
Japan’s Nikkei and Hong Kong’s Hang Seng up down +1.38 and +0.17 percent, while the Taiwanese weighted index went down -0.15 percent.

STOCKS TODAY

Reliance Industries
The company’s subsidiary, Reliance Strategic Business Ventures (RSBVL), announced a partnership with Surrey County Cricket Club in the Oval Invincibles franchise of The Hundred. RSBVL has acquired a 49% shareholding in Oval Invincibles from the England and Wales Cricket Board (ECB) for GBP 60.27 million.

JK Cement
The company has commissioned a 3.3 million tonnes per annum (MnTPA) clinker Line–2 at its Panna plant in Bihar. With this commissioning, the clinker capacity at the Panna plant has increased from 3.30 MnTPA to 6.60 MnTPA.

Rail Vikas Nigam
The company has received a Letter of Acceptance (LOA) for a work order worth Rs 145.34 crore from Southern Railway. The order involves design, supply, erection, testing, and commissioning of traction substations (Scott Connected) in the Jolarpettai Junction–Salem Junction section of the Salem division of Southern Railway.

RailTel Corporation of India
The company has received a work order worth Rs 48.78 crore from the Mumbai Metropolitan Region Development Authority (MMRDA).

Mukka Proteins
The company’s joint venture with Hardik Gowda and MS Jathin Infra has received a work order worth Rs 474.89 crore from Bengaluru Solid Waste Management. The work involves the treatment and disposal of legacy leachate accumulated at the Mittaganahalli and Kannur landfill sites.

Pace Digitek
The company’s subsidiary, Lineage Power, has received an order worth Rs 99.71 crore from Advait Greenergy for LFP battery energy storage systems and other related equipment