Stock market: Sensex rises 204 pts, Nifty above 25,850; Asian Paints, Trent lead gainers
Domestic benchmarks Sensex and Nifty opened higher on Wednesday, supported by gains in heavyweight stocks such as Asian Paints and Trent, even as global cues remained mixed ahead of the US Federal Reserve’s rate decision.
At 9:18 am, the BSE Sensex rose 181.42 points, or 0.21%, to 84,847.70 after gaining nearly 204 points in early trade.
Treasury Secretary Bessent predicts 3% GDP growth as Trump preps economy tour: ‘We’re fixing it’
WASHINGTON — Treasury Secretary Scott Bessent has predicted the US will end the year “with 3% real GDP growth” — as President Trump prepares a national tour to tout his economic successes before the 2026 midterms.
“We inherited a mess,” Trump said at the White House on Monday, the day before he is set to visit a casino in the key swing state of Pennsylvania to discuss how his administration’s policies have helped lower prices through a mix of deregulatory moves and key investments in the energy and AI industries.
Read MoreTrump Claims Economy Is A++; Won't Release Economic Data
In a lengthy interview with POLITICO’s Dasha Burns, Trump claimed the US economy was booming and gave himself an A+++++ plus rating, but on Monday the BLS announced his administration is going to roll over October’s employment data into the November release that is scheduled to be published in January.
Trump attacked the BLS when they reported bad numbers on his jobs reports,
» Read more about: Trump Claims Economy Is A++; Won't Release Economic Data »
Read MoreChina reveals unease over trade in economic roadmap for 2026
BEIJING – China’s top leaders are signaling they are on alert for a potential flareup of tensions in global commerce as they draw up economic plans for next year, after amassing a record trade surplus despite the tariff war with the US.
Hours after China announced that its
excess of exports to imports
has surpassed US$1 trillion (S$1.3 trillion) in just 11 months,
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Read MoreETFs to Watch as Oracle Dips Despite Beating on Q2 Earnings
Shares of Oracle ORCL dipped more than 10% in the after-hours trading session on Dec. 10, 2025, (as reported by Yahoo Finance) despite surpassing analysts’ bottom-line expectations for the second quarter of fiscal 2026. This pullback was most likely triggered by the company failing to meet revenue estimates, particularly for its cloud business.
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Read MoreThe Burst
The Secret Buffett Won’t Tell You
Most traders are consumed by day-to-day share price fluctuations of their stock portfolios but few spend the time to think about the economics of compounding wealth, and how it can be done to achieve enormous gains.
One secret that Buffett unlocked in growing massive wealth was realizing what would happen to the dividend of Coca Cola over time.
» Read more about: The Secret Buffett Won’t Tell You »
Read MoreThe Ivy
Up 10x Is Palantir Still a Deal?
Palantir Technologies (NASDAQ:PLTR) has been one of the undisputed victors in the AI boom and has defined the stock market for the past two years.
In the last 12 months alone, PLTR shares are up more than 350% on the back of rapid growth in the commercial business and tremendous investor enthusiasm for AI applications in the corporate world.
» Read more about: Up 10x Is Palantir Still a Deal? »
Read MoreThe Spotlight
Billionaire Bets 16.1% of Portfolio on 1 Energy Stock
Billionaire David Tepper has taken big stakes in some of the best known companies on earth. He’s bet 14.1% of his portfolio on Alphabet, 12.0% of it on Amazon, and 8.7% on Meta. Surprisingly though, none of those tech bellwethers eclipse his top holding in a single energy company, Constellation Energy. He’s put an astonishing 16.1% of his portfolio into this one energy stock,
» Read more about: Billionaire Bets 16.1% of Portfolio on 1 Energy Stock »