Market expert Sunil Subramaniam anticipates a quiet December for equities. He believes a significant recovery is unlikely this month, with a positive bias expected. Foreign institutional investors are booking profits and taking vacations. Domestic institutional investors are building cash. A potential RBI rate cut could offer a brief trigger.
PIA Privatisation: Pakistan plans to sell its national airline, PIA, through a live bidding process on December 23. This privatization is a key part of the country's IMF bailout program. The government aims to improve PIA's financial health and global standing. This sale represents a significant privatization effort for Pakistan after nearly two decades. The process is moving forward with transparency.
JPMorgans Rajiv Batra says PSU banks remain a top tactical bet despite recent volatility, with strong credit growth, tech upgrades, and policy support set to drive re-rating. FIIs may return as Indias growth, earnings, and reforms strengthen. He expects nominal GDP to rise, supporting 1314% earnings growth and further upside in midcaps if momentum holds.
Macron has sought to pressure Xi to help secure a ceasefire in Ukraine, as the war with Russia drags into a fourth winter. China regularly calls for peace talks and respect for the territorial integrity of all countries, but has never condemned Russia for its 2022 invasion.
As many as 15 IPOs are on investors' radar, some of which have already opened for subscription. Grey market premiums signal strong interest for some marquee issues and muted for some other lesser known names. The highest GMP in the pack suggests potential gains of up to 41%, keeping both retail and HNI investors hooked as December momentum builds.
Turning Point USA has continued to expand its network of chapters across American schools since Charlie Kirk's assassination in September, and Erika Kirk on Wednesday subtly highlighted her own connections to political power, including with President Donald Trump and Vice President JD Vance, a close friend of her husband's.
The joint studies showed some improvement in a few biological measures of the disease, but most of the changes were small and not enough to make a difference in delaying cognitive decline.
Hampered by a skeletal structure, scarce funds, and a stance on key issues such as rights for women and minorities widely seen as unclear, the student-led NCP is holding talks with other parties, including the BNP and Jamaat-e-Islami, leaders say.
