Oil spikes 1% in holiday-thinned session over China stimulus outlook; Brent hits  in rangebound trade | Stock Market News

Oil spikes 1% in holiday-thinned session over China stimulus outlook; Brent hits $74 in rangebound trade | Stock Market News

Source: Live Mint International crude oil prices rose almost one per cent on Thursday, December 26, in a holiday-thinned trading session driven by hopes for additional fiscal policy stimulus in China, the world’s biggest oil importer, and supported by an industry report showing a decline in US crude inventories. Brent crude futures last rose 48…

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Wall Street Today: US stocks trade lower after markets reopen post Christmas break; Nvidia, Amazon down nearly 1% | Stock Market News

Wall Street Today: US stocks trade lower after markets reopen post Christmas break; Nvidia, Amazon down nearly 1% | Stock Market News

Source: Live Mint The US market opened lower on Thursday, December 26, as Wall Street witnessed investors sticking with their existing portfolio, contributing to lighter trading volumes. At 9:30 am (EDT), the stock markets for the United States opened lower, with the Dow Jones Industrial Average dropping 0.22 per cent to 43,201.85 points, compared to…

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Dollar edges up on bets of US growth, inflation

Dollar edges up on bets of US growth, inflation

Source: Live Mint NEW YORK (Reuters) – The U.S. dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming Donald Trump administration that are expected to boost growth and lift inflation. Trading volumes were light on Thursday with many traders on holiday after Wednesday’s Christmas holiday…

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Upcoming IPO: Ashish Kacholia-backed Sri Lotus Developers and Realty files DRHP with SEBI to raise  ₹792 crore via IPO | Stock Market News

Upcoming IPO: Ashish Kacholia-backed Sri Lotus Developers and Realty files DRHP with SEBI to raise ₹792 crore via IPO | Stock Market News

Source: Live Mint Mumbai-based real estate developer Sri Lotus Developers Limited has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Thursday, December 26. The company aims to raise nearly ₹792 crore through its book-built initial public offering (IPO). The real estate developer is…

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