Seven mainboard IPOs have made their market debuts in December, showcasing varied performances. Here’s a look at how these newly listed stocks have fared so far in December.

The SENSEX declined 4,091 points, or 4.98%, to 78,041.59 during the week ending December 20. Meanwhile, the NIFTY50 index was down 4.8%, or 1,181 points, to trade at 23,587.5 during the same period.

Shares of leading renewable energy companies dropped nearly 10% this week amid a decline in benchmark indices. Adani Green Energy shares plunged as much as 9.6%, while NTPC Green Energy slipped 7%.

The rupee recovered from its all-time low and appreciated 10 paise to close at 85.03 against the US dollar on Friday. Traders attributed the recovery to a potential RBI intervention. Meanwhile, the dollar index was down 0.14% at 108.26.

Gold prices had taken a hit in the previous session after the US Fed projected fewer rate cuts in 2025. But fresh buying was seen at lower levels in international trade on Thursday, leading to a recovery in the yellow metal's prices.

The US Federal Reserve lowered its interest rates by 0.25% or 25 basis points (bps) on Wednesday, marking the third consecutive reduction. The Fed's benchmark interest rate is now between 4.25% and 4.50%.

SEBI on Monday notified of a new asset class, Specialised Investment Fund (SIFs), which allow mutual funds to launch advanced investment strategies as open-ended, closed-ended and interval structures. It is intended to bridge the gap between mutual funds and portfolio management services in terms of flexibility in portfolio construction.

Swiggy Q2 Results Highlights: The food delivery platform narrowed its consolidated net loss to ₹625.5 crore in the second quarter of the current fiscal year compared to ₹657 crore net loss in the corresponding period last year.

Inflows into Gold ETFs have surged by nearly 88% since the beginning of this calendar year at ₹1,232.99 crore in September 2024, up from ₹657.46 crore in January, as per a report by ICRA Analytics, which was released on October 17. 

As per the data, equity-oriented schemes witnessed an inflow of ₹34,419 crore in September, the lowest level since April, when equity schemes saw investments of ₹18,917 crore.

The Finance Ministry is seeking public opinion on a draft bill to replace the 80-year-old Central Excise Act, which came into force in 1944. The new bill is likely to be passed in the upcoming budget session. Replacement of the archaic bill will ensure ease of doing business and bring more transparency.