Top Market Headlines: Quietest week of trade begins, radar of Omicron to new year bets

Last week of trade for 2021! It is going to be a quiet one with low volumes and holidays in many equity markets but news flow continues. Here is what you need to know -:

Also watch: RBL Bank: CEO exit, RBI board member entry, Jhunjhunwala Damani eye stake

Market Mindmap

• Major markets in Asia-Pacific such as Australia and Hong Kong are closed for the Christmas holidays.

• Technical experts watching 16,900 on the Nifty

• Indicators see tepid day of trade ahead 

Omicron Update

• China reported highest number of local cases since January over the weekend

• New daily omicron infections in the U.S. have surpassed those in the delta wave

• New cases of coronavirus in New York State surged to an all-time high on Dec 24 - nearing 50,000

• Mumbai reported a 900+ fresh cases of Covid 

Stocks to Watch

• RBL Bank: CEO leaves, RBI places nominee on board and buzz of bulls eyeing stake 

• Tech stocks: Outperfomance last week with a 3% gain over the last week. 

• New listing in focus with HP Adhesives, issue was subscribed over 20 times