Global markets are suggesting Postive signals, so our Indian markets are likely to start with a “Gap-Up” opening today.
* Asian shares experienced a rally following a positive U.S. inflation report, which raised hopes for potential policy easing next year.
* The S&P 500 and Nasdaq futures showed slight gains, indicating a recovery from previous declines, while analysts expressed concerns over market concentration among the largest companies.
* Reliance Digital Health is acquiring a 45% stake in Health Alliance Group for $10 million, aiming to create a virtual healthcare platform.
* The transaction is expected to be completed in about two weeks, enhancing access to healthcare for underserved communities.
* Tata Consultancy Services (TCS) is divesting a 30% stake in its South African subsidiary, TCS SA, to comply with South Africa’s B-BBEE guidelines for ₹28 crore.
* Vedanta has set December 24 as the record date for an interim dividend of Rs 8.5 per share, marking its fourth interim dividend for FY25.
* The total payout for the fiscal year has reached Rs 16,798 crore, with the latest dividend amounting to Rs 3,324 crore.
* Oil prices have seen a slight increase due to positive U.S. inflation data, raising hopes for relaxed monetary policies that could boost demand.
* Brent crude rose to $73.20 a barrel and WTI to $69.77, following a previous decline linked to global economic concerns.
* Gold prices remained steady, trading flat at $2,621.19 per ounce, following gains driven by a weaker dollar and slowing U.S. inflation.
* Zomato is set to replace JSW Steel in the BSE Sensex on December 23, marking its entry as the first new-age tech company in the index, which is expected to attract $513 million in inflows.
