Oil holds advance with China stimulus and US stockpiles in focus

West Texas Intermediate rose above $70 a barrel after a 1.2% gain on Tuesday, with Brent closing below $74.

West Texas Intermediate rose above $70 a barrel after a 1.2% gain on Tuesday, with Brent closing below $74.

Financial impact of the contract will be reflected in the first and second quarters of financial year 2026, Welspun Corp said in its exchange filing.

After finalising the share allotment status, the company will initiate refunds and transfer of shares to the demat accounts on Friday, December 27.

REL’s stock has been on a steady upward trajectory since November 2024, when it traded at ₹240. Over the past month, it has crossed the ₹300 mark, demonstrating a remarkable surge.

As the final trading session of the December expiry approaches, the Nifty continues to follow a sideways-to-bearish trajectory.

The entire IPO will be a fresh issue of shares, with no offer-for-sale component, meaning the company will retain all the proceeds. Before the IPO filing, Mangal Electrical may also raise up to ₹90 crore via a pre-IPO placement, which…

Shares slipped in Tokyo and Shanghai on Wednesday, two of only a handful of world markets open on Christmas day.

The firm was accused of not exercising professional scepticism, due diligence, and failing to challenge management’s assertions. Deloitte also failed to adequately evaluate reports of suspected fraud.

Trading in derivatives, equities, SLBs, currency derivatives, and interest rate derivatives will remain shut for the day.

Shares of Religare ended 0.4% lower at ₹307.90 on Tuesday, ahead of the announcement about the change in ownership.