KEY ECONOMIC INDICATORS
World economic indicators
Stocks
|
Change
|
---|---|
Stocks
|
Change
+ 0.96%
|
Stocks
|
Change
+ 1.06%
|
Stocks
|
Change
- 1.54%
|
Stocks
|
Change
+ 0.33%
|
Stocks
|
Change
+ 0.69%
|
Stocks
|
Change
- 0.05%
|
Stocks
|
Change
+ 0.19%
|
Stocks
|
Change
- 2.47%
|
Stocks
|
Change
- 2.11%
|
Stocks
|
Change
- 0.31%
|
Stocks
|
Change
- 1.02%
|
Stocks
|
Change
- 0.94%
|
Stocks
|
Change
- 0.41%
|
Top Gainers on Indian Stock Market
Stocks
|
Change
|
---|---|
Stocks
Tech Mahindra
|
Change
+ 1.67%
|
Stocks
Bharti Airtel
|
Change
+ 1.56%
|
Stocks
Indusind Bank
|
Change
+ 1.31%
|
Stocks
Infosys
|
Change
+ 0.92%
|
Stocks
Tata Consultancy Services
|
Change
+ 0.66%
|
Top Losers on Indian Stock Market
Stocks
|
Change
|
---|---|
Stocks
Steel Authority of India
|
Change
- 5.24%
|
Stocks
Indian Overseas Bank
|
Change
- 4.65%
|
Stocks
Glenmark Pharmaceuticals
|
Change
- 4.63%
|
Stocks
NMDC
|
Change
- 4.53%
|
Stocks
UCO Bank
|
Change
- 4.36%
|
TOP NEWS
- ONGC Ramps Up Tech Talks and Drilling to Reverse Output Dip
- Shipbuilder Stocks Sinking—But There’s More Beneath the Surface
- Agrochemicals: Slow and Steady, But No Double-Digit Comeback Yet
- India-UK FTA Talks
- Dixon Technologies – a bull run
- ICICI Bank Trims the Fat, Divests IMSPL Stake to Refocus Strategy
- Indus Towers Stock Takes a Hit
- China’s Economic Woes Weigh on Metal Stocks
- Hamps Bio IPO Draws Strong Demand
OVERVIEW
Indian stock markets reversed early losses on Friday, December 13, and ended the day on a strong note.The Sensex jumped 843.16 points, or 1.04%, to finish at 81,289.96. Meanwhile, the Nifty gained 219.60 points, or 0.89%, finishing at 24,768.30 points. With India’s retail inflation easing to 5.48% in November, falling within the Reserve Bank of India’s comfort zone, the economic backdrop is looking favorable.
In terms of sectoral movements, FMCG, private banks, and consumer durables posted gains, while media, metal, and pharma sectors lagged.
The rupee closed at 84.7875 against the U.S. dollar, reflecting a 0.1% weekly decline. The currency faced pressure from sustained dollar demand in the non-deliverable forwards market, compounded by a weaker Chinese yuan.
Oil prices held steady on Friday, December 13, with both Brent crude and U.S. West Texas Intermediate (WTI) crude showing modest increases. Gold prices edged higher on Friday, December 13, and were set for a weekly gain. Silver stayed steady at $30.94 per ounce.
The US stock markets showed mixed results on Thursday, December 13, as investors awaited key economic data ahead of the Federal Reserve’s December 17-18 meeting.
European stock markets edged lower on Friday, with investors cautious about the economic outlook and the pace of monetary easing in the euro zone for the upcoming year.
The UK’s FTSE 100 saw some positive movement, as the pound weakened after UK GDP data revealed that the economy shrank for the second consecutive month in October.