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STOCK MARKET UPDATES 27/12/2024



 

*    India's coal-power plant growth holding a near 5-year high at 4 GW in 2024.

*    CCI will intervene selectively, considering sector-specific dynamics.

*    China revises up 2023 GDP by 2.7%, sees little impact on 2024 growth.

*    IPO mop up could top 2 trillion Rs in 2025: banking firm Pantomath.

*    Mangal Electrical Industries files draft papers for 450 crore Rs IPO.

*    Healthcare sector in India to reach 320 billion $ by 2028, says report.

*    Russian bank VTB says track for a record profit of 5.5 billion $ in 2024.

*    Goldman Sachs eyes majority stake in Multiples PE-backed PeopleStrong.

*    L&T eyes 20% growth in construction, and mining machinery biz in FY26.

*    Exporters ask for 750 crore Rs to target the US market amid China's tariff woes.

*    Branded hotels to log 13-14% growth in FY25 on-demand surge: CRISIL report.

*    India will drive global oil demand growth till 2035: IEA Report.

*    Akums Group inks pact worth 200 million euros for the European market.

*    Expect economy to grow at around 6.5% in FY25; outlook appears bright: FinMin review.

*    India initiated an anti-dumping probe into LNG fuel tank imports from China.

*    India's share in global trade doubled since 2005, comparatively moderated in last 10 years: Report.

*    Despite strong volatility 35 lakh new investors joined the stock market in November: NSE Report.

*    Mankind Pharma partners with Innovent to aid cancer treatment in India.

*    Delhi HC seeks Patanjali stand for Dabur's plea over disparaging ad.

*    Steelmakers may cut down on Capex amid price slump.

*    PayU’s chief investment officer Vijay Agicha quits.

*    Acme Solar Holdings secures a 1,988 crore Rs loan from PFC to develop a 300 MW hybrid project.

*    Housing sales volume falls 4% in 2024 in top 7 cities; value up 16% to 5.68 lakh crore ₹: Anarock.

*    Sumitomo Mitsui infuses 3,000 crore ₹ in Indian subsidiary SMFG via rights issue.

*    Indian banks' balance sheets stay robust and bad loans decline more, central bank report says.

*    UP entity illegally using our tradename; ED action not against us: Kalpataru Group.

*    Haier set to cross a billion revenue mark in 2024, aims at 11,500 crore ₹ next year.

*    Mutual fund asset size spikes 40% in a year, individuals own lion's share.

*    Turkey Lowers Main Rate to 47.5% in First Cut Since 2023.

*    Due to tax uncertainty and weak prices, Mining and steel firms are in limbo.

*    Airtel outage reported, users say mobile internet and broadband services are down.

*    Sri Lotus Developers and Realty files DRHP with SEBI to raise 792 crore ₹ via IPO.

*    Redington looks at software, and the cloud for transformation play.

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