Latest Stock Market News

Singapore Government s SWF is largest FPI in India, with around $28 billion deployed in Indian public markets alone as on December end according to Prime Database which tracked investments in listed companies of over one percent.

​​The stake has been acquired by Envestcom Holding RSC. Envestcom holds stakes in other Adani companies such as Adani Energy Solutions and Adani Total Gas. As of December 2024, Envestcom Holding held 55,200,000 shares in Adani Energy Solutions, representing a 4.60% stake and 54,593,600 shares in Adani Total Gas, representing a 4.964% in the company.

Recent stock market volatility is impacting consumer goods sales, including two-wheelers, luxury cars, and electronics, as many Indians shift their savings to investments. This decline in sales is attributed to negative sentiment around market fluctuations, affecting discretionary purchases and delaying consumption recovery.

Likely intervention by the Reserve Bank of India (RBI) also helped the currency gain Wednesday, traders said, as the equity indices snapped a 10-day losing streak to log the biggest gains in a month.

LIC Housing Finance said its board has given a nod to borrow Rs 1.23 lakh crore through loans, issue of bonds, and other instruments, in the next financial year.

Shares in Japan and South Korea rose alongside Hong Kong equity-index futures. The S&P 500 ended Wednesday 1.1% higher, while the tech-heavy Nasdaq 100 climbed 1.4%. A gauge of US-listed Chinese companies rose 6.4%, its biggest jump in three months.

Wall Street indexes rose on Wednesday amid hopes of easing US trade tensions, especially from the postponement of auto tariffs on Canada and Mexico. Early optimism from an ISM services report was tempered by increased input prices and slow private payroll growth. Major gainers included car companies like Ford and General Motors, while Intel and CrowdStrike saw declines.

Oil prices stabilized after recent declines due to potential easing of U.S. tariffs on Canadian crude. Investors remain cautious about ongoing tariffs on Mexico and the increased output from major producers. U.S. crude stockpiles rose significantly, while gasoline and distillate inventories fell amid higher exports.

Benchmark BSE Sensex jumped 740 points while Nifty ended its 10-day losing streak, driven by value buying in utilities and power shares. Stocks in focus included Quadrant Future Tek, Varun Beverages, and Coforge, which saw significant movements driven by technical indicators and market momentum.

A significant global trade war and China s emergence as a tech leader are prompting a shift in global investment away from the U.S. While China deployed more stimulus to mitigate the impact of U.S. tariffs, Europe proposes a massive fiscal overhaul. Consequently, European and Hong Kong tech stocks are surging, and investors are reevaluating the appeal of U.S. assets.