Today’s top morning headlines - 26th December 2023

Good afternoon

Markets are trading in the green, with the NIFTY50 trading above 21,400 as of 1:15 pm. Here are the top stories for the day!

Top gainer: Divi’s Labs: 3,816 ▲ 121 (+3.2%)
Top loser: Bajaj Finance: 7,156 ▼ 138 (-1.9%)

:star: Godrej Properties gains on sales over ₹2,600 crore
Shares of the real estate developer are up 1.2% today. This comes after Godrej Properties sold more than 600 units in its new luxury housing project in Gurugram, Haryana. The company said that it sold inventory worth ₹2,600 crore.

:star: Adani Green gains 1.5% on fundraising plans
Shares of Adani Green are up 1.5% today. This comes after the company announced that it is planning to raise $2 billion through various avenues including bonds, private placement of debt and offshore bank loans, according to reports.

:star: Bumper debut for Motisons Jewellers
Shares of Motisons Jewellers make a stellar debut on bourses. They listed at a premium of 91% compared to the issue price of ₹55 per share. The public issue had received a strong response from investors. The IPO was subscribed more than 150 times.

:star: UPL gains on fund raising plans
Shares of the agrochemical manufacturer are up more than 1% in the early trade.mThe company announced plans to raise ₹4,200 crore through the rights issue. The stock has been facing selling pressure this year, down 17% in 2023.