News

A list of stocks that could see decent trading volumes on Monday, December 30, 2024: Reliance Infrastructure, JSW Energy, IOL Chemicals, and more.

Employee attrition rates are high across select private sector banks and small finance banks (SFBs), the report, which was released by the Reserve Bank of India (RBI) said.

Mainboard segment IPO Indo Farm Equipment will open for subscription on December 31. Meanwhile, Ventive Hospitality, Senores Pharmaceuticals, and Carraro India will debut on the stock exchanges on December 30, and Unimech Aerospace and Manufacturing on December 31.

With monthly gross GST collections stabilising at around ₹1.8 lakh crore and gross direct tax collections steadily rising at 20 per cent rate, the effort to ease compliance burden for individuals as well as corporates will gain traction.

Tata Consultancy Services (TCS), Infosys, State Bank of India and Life Insurance Corporation of India (LIC) suffered erosion from their market valuation.

On the technical front, the Nifty is striving to hold its critical long-term moving average (200 DEMA), but pressure from heavyweight stocks is capping any meaningful recovery.