India Business News

Tuesday, December 05, 2023


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Top Things To Know Today Morning:

  1. On Monday, India's benchmark indices ended at a fresh high, gaining 2% for the first time in a year.
  2. The Indian rupee weakened 7 paise to close at 83.37 against the U.S. dollar.
  3. Benchmark Sensex and Nifty indices are likely to open marginally lower.
  4. Brent crude futures settled down 85 cents, at $78.03 a barrel.
  5. US gold futures settled down 2.3 percent at $2,042.20.
  6. The dollar ticked higher on Monday.
  7. Bitcoin breached $42,000 for the first time since early 2022.

Stock specific updates

  1. Fireside Ventures is going to sell 61 lakh shares of Mamaearth.
  2. HCL Technologies is in talks with State Street Corp. to sell its entire 49% equity stake.
  3. The market capitalisation of Bajaj Group crossed the Rs 10 lakh crore.
  4. Brigade Group signed a joint development agreement to develop luxury residences.
  5. Computer Age Management Services' promoter entity Great Terrain Investment sold its 19.8% stake.
...more
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