The market extended losses for the second consecutive session, falling 1.35 percent on December 17 due to selling pressure across key sectors, with negative breadth. A total of 1,727 shares fell against 795 rising shares on the NSE. The benchmark indices may sustain the negative trend, with a focus on the outcome of the two-day Federal Reserve policy meeting, which is due on December 18. Below are...

The Sensex and Nifty opened marginally lower on December 16, with the focus firmly on the U.S. Federal Reserve's December 17-18 Federal Open Market Committee (FOMC) meeting to decide key interest rates. IT and metal stocks were the major laggards on the Nifty. The Nifty Metal index extended its losses from the previous session, falling 1% due to selling pressure in Vedanta, JSW Steel, and Tata Ste...

CLSA On SwiggyInitiate Buy Call, Target At `708/ShCo Has Large And Growing TAM With A Clear Early-mover AdvantageSee Execution Improving With Accelerating Growth & Improving ProfitabilityExpect Indian Quick Commerce To Grow 6x In FY24- 27 & Swiggy To Be One Of Largest BeneficiariesCo Will Likely Continue To Lag Zomato, But We Believe This Gap Is In The PriceCiti On Divi’s LabsBuy Call, Target At...

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, and fund raising, here’s a quick look at which stocks will be in focus in today's trade:Stocks To WatchIndus TowersVodafone Group Plc has announced its plan to sell the remaining 3 percent stake in Indus Towers, or 7.92 crore shares, and use the funds for the repayment of $101 millio...

Shares of Reliance Power hit the 5 percent upper circuit at Rs 41.09 on December 4, following the withdrawal of a debarment notice by the Solar Energy Corporation of India (SECI).Year-to-date, Reliance Power has surged 72 percent, significantly outperforming the Nifty 50, which has risen 13 percent during the same period. However, the stock had declined over 12 percent in October and 9 percent in ...