market-summery-16dec

Summary of the Market

On December ​1​3, the benchmark Nifty Index ​rose by 0.89% to close at 24768.3. The Nifty Midcap150 Index ​f​ell by 0.1% to close at 21748.1. The Nifty Smallcap250 Index ​f​ell by 0.36% to close at 18263.8. The Nifty Total Market Index rose by 0.41% to close at 13186.2.The 10yr yield fell by ​1 bps to close at 6.74%. The rupee ​g​ained 0.09% to close at 84.8 against the US Dollar.

Important Notables

  • Bengaluru tops hiring charts as BFSI and IT sectors report a surge in job openings: ET
  • Coal India Ltd (CIL) has invested ₹5,570 crore in CSR initiatives over the last decade: ET
  • The Centre has disbursed ₹71,889 crore to states for FY 2024-25, following the 15th Finance Commission's recommendations: ET
  • Airbus leases 650,000 sq ft office in Bengaluru for 10 years to establish a global capability centre: ET
  • Indian companies raised a record ₹1.21 lakh crore via Qualified Institutional Placements (QIPs) in 2024: ET
  • India's November imports of Russian crude hit their lowest since June 2022, though Russia remains its top supplier: ET
  • The Global Trade Research Initiative (GTRI) advises India to diversify IT exports to reduce potential US tariff risks under a possible Trump comeback: ET
  • India urges the WTO to enforce stricter rules on subsidies for countries involved in high seas fishing: ET

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