Most Asian equities rose after China’s top leaders signaled bolder stimulus next year as they seek to revive the world’s second-largest economy.Shares in Japan and South Korea gained, while futures showed the Hang Seng Index is poised to jump more than 3% at the open.US stock market indices ended lower on Monday weighed down by tech stocks amid a fall in AI leader Nvidia’s stock price and ahead of the release of crucial inflation data later this week.Here’s a table showing how US stocks performed on Monday:

Source: EquitymasterAt present, the BSE Sensex is trading 77 points lower and NSE Nifty is trading 20 points lower.HCL Tech, Wipro, and Infosysare among the top gainers today.ONGC, Bajaj Auto and M&M other hand are among the top losers today.The BSE Midcap index and the BSE Smallcap index are trading 0.2% higher.Sectoral indices are trading mixed today with stocks in realty sector and IT sector witnessing most buying. Meanwhile stocks in auto sector and power sector witnessing selling pressure.The rupee is trading at Rs 84.80 against the US dollar.In commodity markets, gold prices are trading 0.2% higher at Rs 77,641 per 10 grams today.
 NHPC To Review Borrowing PlanNHPC Ltd has announced a board meeting scheduled for 12 December 2024, to consider a revised borrowing plan for the financial year 2024-25.As part of this plan, the company intends to raise up to Rs 26 bn by issuing unsecured, redeemable, taxable, non-convertible, non-cumulative bonds through private placement.The announcement comes amid a positive movement in NHPC’s stock.

BEL Secures New Order
Shares of state-run aerospace and defence company Bharat Electronics Ltd (BEL) will be in focus on Tuesday after the firm bagged orders worth Rs 6.3 bn.The major orders include telescopic sights for guns, maintenance of the Akash Missile System, electronic voting machines (EVMs), communication equipment, test stations, jammers, spares, and services.With these orders, BEL has orders worth Rs 88.3 bn in the financial year 2024-25 (FY25).Last month, Bharat Electronics received orders valued at more than Rs 5 bn for laser range finders, vessel communication and support systems, communication equipment, and gun test equipment.On 7 October, it received orders worth more than Rs 5 bn for EMI shelters, upgrade/spares for gun systems, AMC for Integrated Air Command and Control system nodes, and spares for radars and communication systems.
 Torrent Power’s QIP OversubscribedShares of Torrent Power will be in focus in Tuesday’s trade after the company announced successful completion of its Rs 35 bn qualified institutional placement (QIP), oversubscribing four times.The QIP issue opened on 2 December 2024, and closed on 5 December 2024.On Monday, shares of the company settled marginally lower at Rs 1,645. The power stock has surged 74% in the last year, meanwhile, it has offered 505% returns to its investors in the last five years.The issue garnered a significant response from investors including domestic mutual funds, global investors, and insurance companies, demonstrating their strong confidence in the company’s fundamentals and India’s power sector.The entire issue was placed with investors such as SBI MF, Capital Group, SBI Pension, Kotak MF, Nippon MF, Norges Bank and Amundi.This is the company’s first equity raise and the Torrent Group’s first in three decades. Torrent Power’s QIP is among the largest fundraises by a private utility company in India during the current financial year.The successful completion of the issue emphasizes the company’s strong reputation and showcases its promising growth potential as one of the fastest-growing players in India’s power sector.
 PFC Raises FundsState-owned Power Finance Corporation (PFC) raised Rs 62.5 bn on Monday through the issuance of bonds with different maturities. The company raised Rs 32 bn via 15-year bonds at a coupon of 7.11 per cent and Rs 30.5 bn via 10-year bonds at a coupon of 7.1%.Meanwhile, DME Development Limited, a fully-owned special-purpose vehicle (SPV) of the National Highways Authority of India (NHAI) tasked with constructing the Delhi-Mumbai Expressway, raised Rs 7.8 bn through 10-year Green Bonds at a coupon of 7.2%, payable semi-annually, as per market expectations.DME Development last tapped the bond market in February, raising Rs 28.9 bn via 15-year bonds at a semi-annual coupon of 7.6%.DME Development is a special-purpose vehicle established by the National Highways Authority of India in August 2020. It was created specifically for the construction of the greenfield Delhi-Mumbai Expressway, which traverses Delhi and the states of Rajasthan, Madhya Pradesh, Gujarat, and Maharashtra. The company oversees 1,277 km of the expressway, out of the total length of 1,384 km.Separately, Export-Import Bank of India (Exim Bank) plans to raise Rs 25 bn through 5-year bonds on 11 December.More By This Author:Sensex Today Ends 200 Points Lower; Nifty Below 24,620Sensex Today Trades Marginally Lower; Nifty Below 24,700Sensex Today Ends 57 Points Lower; Nifty Below 24,700