Adani Enterprise (+3%), HUL (+1%) and more
Nifty ends in red for third consecutive session.
Adani Enterprise (+3%) rose as LIC increased its stake in the company.
Nifty PSU Bank (+1%) rose due to positive brokerage report. Nifty Metal (-1%) plunged due to weak performance of Hindalco and JSW Steel. Nifty IT (-1%) plunged due to weak performance of Infosys, TCS, and Wipro.
News of The Day
1.The World Bank revised India's GDP from 6.5% to 6.9%. (Mint)
2. Sula Vineyards IPO is likely to premiere on December 12. (Economic Times)
3. Concord Biotech and Vaibhav Gems got SEBI's approval to float IPOs. (Economic Times)
4.Vedanta to consider raising Rs 500 cr via NCDs on December 9. (Mint)
5.Aditya Birla Group leads race to add W owner to cart. (Economic Times)
Expert of The Day
$300 Bn Electronic Manufacturing Sector by 2026!
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What Indian carriers need to learn from profitable global peers that found the winning formula. (Source: Economic Times)
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