Top Market Headlines: Omicron spread, change in Sensex, 1 new IPO & 5 new listings

Top Market News Today: The new kicks off on a cautious note with rising Covid cases and Omicron scare spreading at an alarming rate. A gush of selling from the FIIs as investors bet bigger on gold and bonds as safety buys ahead of the global holiday season. Also up ahead this week - a rush of listings after last week's IPOs also on the cards.

Here are the headlines Dalal Street is reading -:

Omicron Spread

• Infections in the U.K. jumped more than 50% in a week
• Netherlands returns to a strict lockdown, non-essentials and schools shut
• Germany Health Minister: The country is already headed for a fifth wave
• UAE: Reported the highest number of daily infections since late September,
• Delhi records 107 new Covid cases, the highest daily rise since June 27

Where is the money moving?

• FIIs have sold over Rs 13,000 cr worth of Indian stocks in December so far.
• Total outflow from Oct-December at over Rs 33,000 cr
• Eight of the top-10 most valued companies suffered a combined erosion of Rs 2.6 lakh crore last week

Stocks in Focus

• Wipro replaces Bajaj Auto in the Sensex
• Five IPOs Shriram Properties, MapmyIndia, Metro Brands, Medplus Health Services and Data Pattern debut on exchanges this week
• India's largest cash management company CMS Info Systems to open IPO on December 21

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