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Ola Electric promoter Bhavish Aggarwal sells another 4.2 crore shares in open market
Ola Electric founder Bhavish Aggarwal has sold shares worth Rs 142 crore. This follows a Rs 92 crore sale a day earlier. The transactions aim to repay a promoter loan. Despite assurances, the stock has hit fresh lows. Ola Electric faces slowing demand and financial losses. The company's market share has also declined.
Google Pay looks beyond distribution, wants to create a credit ecosystem
Google Pay is evolving its business model in India from a simple distributor of third-party personal loans to a comprehensive provider of credit ecosystems.
Bhavish Aggarwal sells another 0.95% stake in Ola
In the last two days, he offloaded shares worth 234 crore
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets fell for a third straight session as mixed US data, Fed rate uncertainty and lack of progress on a US-India trade deal weighed on sentiment, keeping Nifty below key averages and reinforcing a short-term bearish bias despite selective sectoral support
SEBI board clears revamp of broker, MF rules; defers conflict-of-interest code
Board to further deliberate on the conflict of interest committee's report, keeping in view employee concerns, public feedback and operational modalities.
Market Trading Guide: Buy NALCO and Canara Bank on Thursday for up to 7% upside
Nifty extended losses for a third session, remaining below the 21 EMA with weak breadth and bearish momentum indicators. Analysts warn of further downside if support breaks, while recommending NALCO and Canara Bank as technically strong buy candidates
Rupee rebounds sharply as RBI intervention snaps five-day losing streak
The rupee snapped a five-day slide to post its strongest one-day gain in two months, rising 65 paise to 90.38 per dollar, amid suspected RBI intervention, heavy dollar selling by public banks, thin trading volumes and reassurance from strong forex reserves
Akzo Nobel bulk deal: Goldman Sachs buys Rs 106 cr shares as promoter offloads Rs 1,296 cr stake
Goldman Sachs bought Akzo Nobel India shares worth Rs 106 crore via a bulk deal after promoter Imperial Chemical Industries sold a large stake, triggering a sharp stock fall despite strong quarterly profit growth and subdued operating performance indicators
Weaker rupee rekindles hedge narrative for crypto in India
Leveraged positions are also at risk of being liquidated to meet the price difference created by the rupee fall
Govt to exercise green shoe option, to divest 3% stake in IOB
The government on Wednesday decided to exercise green shoe option to divest a higher 3 per cent stake in Indian Overseas Bank through offer-for-sale following overwhelming response from investors on the first day of subscription.
US stocks subdued at open as investors eye monetary policy outlook
Wall Street's main indexes were subdued at the open on Wednesday as investors searched for fresh clues to gauge the outlook for monetary policy, while caution lingered following reports of funding hurdles for Oracle's data center plans.
Rupee bounces back, appreciates 65 paise
Move was apparently aided by RBIs aggressive intervention in the forex market
How Indian investors are expanding portfolios beyond domestic markets
According to the How India Invests Globally 2025 report by Vested Finance, the investment in overseas equity and debt witnessed a multi-fold increase to about $1.6 billion in FY25
ET Market Watch: Sensex falls 120 pts, Nifty below 26,850 as markets extend losses to Day 3
Sebi approves new stock brokers' regulations to simplify compliance framework. 10 key takeaways
Sebi has approved the Securities and Exchange Board of India (Stock Brokers) Regulations, 2025, replacing the 1992 framework to modernise broker regulation, simplify compliance, remove redundancies and align norms with evolving market practices and technological advancements
Easier-to-read offer documents, tighter lock-in rules: What Sebi approved for IPO investors
Sebi approved reforms to simplify IPO rules, tightening enforcement of non-promoter share lock-ins and introducing early-stage abridged prospectuses to improve transparency, investor understanding and post-listing supply discipline, while reducing compliance friction and streamlining fundraising timelines for issuers
GST-cut led lower premiums aren't enough to drive health insurance sector growth: Insurers
Insurers highlight that reducing premiums through GST exemption alone won't boost health insurance uptake. A shift towards meaningful products, better claims experiences, and addressing healthcare inflation are essential for sustainable growth in the health insurance sector.
Non-government NPS subscribers can now withdraw up to 80% of their retirement corpus as a lump sum upon exit, and in some cases up to 100%. Here's how benefits are paid to subscribers.
Sebi board approves simpler IPO documents, changes mutual fund expense fee
Capital markets regulator Sebi has revised the base expense ratio (BER) of mutual funds across categories in a board meeting, according to ET Now. The regulator's board approved separation of all statutory levies from the base expense ratio such as securities transaction tax (STT), GST and stamp duty.
Sebi revises base expense ratio of mutual funds across categories
Capital markets regulator Sebi has revised the base expense ratio (BER) of mutual funds across categories in a board meeting, according to ET Now. The regulator's board approved exclusion of all statutory levies from the base expense ratio such as securities transaction tax (STT), GST and stamp duty.
NSDL pays Rs 15.57 crore to Sebi to settle regulatory norm violation cases
Markets regulator Sebi has settled a case of regulatory non-compliance with National Securities Depository Ltd (NSDL), with the depository paying Rs 15.57 crore to close proceedings linked to lapses found during an inspection in FY24.
Markets close lower as Rupee volatility, weak breadth dampen sentiment
The BSE Sensex closed at 84,559.65, down 120.21 points or 0.14%; NSE Nifty fell 41.55 points or 0.16% to settle at 25,818.55, after touching an intraday high of 25,902.40
Google launches Credit Card with Axis Bank Here's what you need to know about Pay Flex
Google Pay, in collaboration with Axis Bank, has launched its new co-branded credit card named Google Pay Flex Axis Bank Credit Card, which seeks to simplify and integrate credit with UPI services. Here's all you need to know about the new credit card.
1 lakh investment in this mutual fund at launch in 2008 would have grown to 9.8 lakh now. See how
If an investor had invested 1 lakh in this flexi-cap mutual fund in 2008, the amount would have grown 10 times in the 17 years that followed at an annualised rate of 14.25%.
Hindustan Zinc, Shriram Finance among 6 stocks hit 52-week highs; gains up to 20% in a month
Despite a 120-point decline in the Sensex amid broader market weakness, six BSE 500 stocks scaled fresh 52-week highs, signalling stock-specific strength and underlying bullish momentum.
Call 91.1 for rupee answered! How RBI rescued INR after 5-day slide
The Indian rupee rebounded sharply on Wednesday, posting its strongest single-day gain in two months after decisive RBI intervention halted a five-session slide. The currency closed at 90.38 per dollar, recovering from record lows near 91, as aggressive dollar sales by state-run banks curbed speculative pressure despite persistent headwinds from capital outflows and stalled U.S.India trade talks.
Gainers & Losers: IGL, Meesho among 7 stocks that saw major action on Wednesday
Indian benchmarks fell for a third straight session as autos, financials and FMCG stocks dragged markets. Nifty slipped 0.16% amid sharp stock-specific moves across gas, metals, banking, IPOs and chemicals stocks.
Indias 8% growth a dream rate, but sustained reforms key for jobs: Gita Gopinath
Indias 8%+ growth is a dream rate globally, but sustaining it will require continued reforms, job creation and skill development, according to Harvard economist Gita Gopinath. She highlights the role of infrastructure, GST reforms as well as digital public platforms in helping India navigate global trade tensions and geoeconomic uncertainty.
What John Templeton got right and modern investors still miss, Saurabh Mukherjea explains
Saurabh Mukherjea revisits the investing philosophy of Sir John Templeton to argue that global diversification, contrarian investing and emotional discipline remain timeless principles, particularly relevant for Indian investors navigating behavioural biases and home-country concentration.
NPS subscribers will now be able to withdraw up to 80% of the corpus when it exceeds 12 lakh.
Indias rising geoeconomic influence is built on strong economic growth, deep domestic capital pools and a rapidly expanding digital and physical infrastructure, says IDFC First Bank CEO V Vaidyanathan. He highlights low inflation, high growth, robust financial systems and digital ecosystems as key enablers powering investment, financial inclusion and Indias global economic standing.
Rs 47,000 crore gain! Meesho's 95% rally makes it India's best-performing big IPO of 2025
Meesho has emerged as Indias best-performing large IPO of 2025, rallying nearly 95% since listing and adding Rs 47,000 crore in investor value. Backed by UBSs Buy rating, the e-commerce platforms asset-light model, strong cash flows, and rapid user growth position it for long-term expansion in Indias booming online market.
Growth in UK house prices and private rents slows
British house prices in October were 1.7% higher than a year earlier, the smallest annual rise since September 2024 and down from a downwardly revised increase of 2.0% in September, data from the Office for National Statistics showed on Wednesday.
Sebi initiates Rs 18.14 cr recovery proceedings against 'Baap of Chart'
Sebi has initiated proceedings to recover dues of Rs 18.14 crore from Mohd Nasiruddin Ansari, popularly known as 'Baap of Chart', Rahul Rao Padamati and Golden Syndicate Ventures for carrying out unregistered investment advisory activities.
Rupee snaps losing streak, logs best day in 2 months on firm RBI intervention
The Indian rupee soared on Wednesday to post its best one-day gain in two months as heavy-handed intervention by the Reserve Bank of India halted its five-day long slide and blunted budding speculative pressure against the currency.
Indias growth story intact despite FII outflows, sentiment the key risk: Jim Walker
Market strategist Jim Walker expresses astonishment at foreign investors selling Indian equities, deeming it a madness given India's status as the world's fastest-growing major economy. He believes recent selling is profit-taking, with investors likely to regret overlooking India's long-term fundamentals and domestic growth drivers.
Market Wrap: Sensex drops 120 pts, Nifty below 26,850 as D-St extends losing run to day 3
Indian equities ended lower for a third straight session as uncertainty over the U.S. Federal Reserves rate outlook and lack of progress on a U.S.India trade deal weighed on sentiment. The Sensex and Nifty slipped marginally, while mid- and small-cap stocks saw sharper losses despite support from PSU banks and RBI-led rupee stabilisation.
BIRC 2025 saw policymakers and business leaders discussing how India can leverage its rice exports and look at adopting best practices to increase yields
Commodity Radar: Tight inventories keep MCX zinc a buy on dips trade. 7% near-term upside seen
MCX zinc prices gained over 1% on Wednesday amid tight inventories, weak dollar and supportive rupee movement. Analysts remain bullish, citing constrained supply and mine shutdowns in China. Technical indicators suggest buying on dips, with a near-term upside of about 7% and resistance seen near Rs 326 per kg.
Geojit to expand its third-party distribution business: CFO Mini Nair
As the industry increasingly shifts towards passive investing and advisory services, the companys finance function is adapting by focusing on cost efficiency and strategic capital allocation
Rs 3 lakh cr ICICI Pru AMC IPO bids signal strong liquidity for quality issues: Gurmeet Chadha
Strong domestic liquidity for quality IPOs was evident as ICICI Prudential AMCs Rs 10,600 crore issue drew bids worth over Rs 3 lakh crore, said Gurmeet Chadha of Complete Circle Consultants. Despite muted markets, he sees a long growth runway for capital market businesses, including AMCs, exchanges and digital broking platforms.
Silver hits record Rs 2.06 lakh/kg: whats driving the rally and what lies ahead
Silver prices hit record highs in India and globally, driven by rate-cut expectations, strong industrial demand, supply deficits and safe-haven flows, with the metal outperforming gold, topping crude oil prices and maintaining a bullish medium-term outlook amid broader macroeconomic shifts
Strong institutional demand drives the fourth-most subscribed IPO, PL Capital initiates coverage on the stock ahead of lisitng
AI spending boom faces funding and power reality check: Jim Walker
AI's ambitious spending faces a funding crunch, shifting from internal cash to debt, raising investor concerns. Experts highlight energy and skilled labour shortages as the real hurdles, not technology itself. This reality may redirect investment from US tech giants towards infrastructure, power sectors, and emerging markets like China and India, promising sustainable returns.
Aurionpro secures cash management platform deal with major Indian PSB
The iCashpro platform provides digital services across payments, collections, liquidity management, virtual accounts, reconciliation, government business and real-time reporting
Midcaps, smallcaps turn attractive on earnings revival; financials to lead next rally: Dinshaw Irani
Midcaps and smallcaps are turning attractive after a 14-month consolidation as earnings rebound and growth-adjusted valuations improve, according to Helios MF CEO Dinshaw Irani. He believes retail caution and not weak fundamentals, is holding smallcaps back, and further expects financialsespecially consumer-facing banksto lead the next market rally once margins stabilise.
Tata Chemicals raises 1,500 cr through NCDs
The company has allotted 1,50,000 listed, unsecured, rated, redeemable, taxable, non-cumulative non-convertible debentures, having a face value of 1 lakh each, for cash
11 Nifty microcap stocks beat the odds in 2025: 2 turned multibaggers. Do you own any?
Despite a challenging 2025 for Indias microcap segment, several stocks delivered stellar returns, with 18 rising over 50% and two becoming multibaggers. Lumax Auto Technologies, Gabriel India, and CarTrade Tech were among the top performers in the Nifty Microcap 250 Index.
Morgan Stanley expects Reliance Industries to see rating upgrades every quarter in 2026 as its energy, retail and telecom businesses turn free cash flow positive. The brokerage has reiterated an overweight rating with a Rs 1,847 target, citing a refining upcycle, retail recovery, telecom cash flows and a chemicals turnaround.
Indias InvIT and REIT distributions surged in Q2 FY2026, led by strong performance in REITs and road assets. Both public and private trusts reported robust quarter-on-quarter and year-on-year growth, supported by healthy operating metrics and new listings.
ICICI Prudential AMC gets first 'buy' call ahead of listing, PL sets Rs 3,000 target
ICICI Prudential AMC has received its first buy rating ahead of listing, with PL Capital setting a Rs 3,000 target, implying 39% upside from the IPO price. The brokerage cites strong parentage, market-leading equity flows, consistent fund performance and superior profitability as key drivers for long-term growth.
IOB shares down 5% as govt plans 3% stake sale
The governments move is part of its broader strategy to gradually reduce its stake in public sector banks while improving liquidity and widening public shareholding.
Vietnam raises $514 mln in government bond auction, highest in 6 months
Vietnam's State Treasury raised 13.55 trillion dong ($514 million) in a weekly government bond auction on Wednesday, the highest volume in six months and up from $302 million raised last week.
ITC gets regulatory nod for century pulp & paper acquisition
The acquisition will expand ITCs presence in the paperboards and packaging segment, which is one of its key business verticals alongside FMCG, agri-business, and information technology
Japan's Nikkei ends higher as tech shares track Nasdaq gains
Japan's Nikkei share average closed higher, rebounding from a two-week low hit in the previous session, as technology stocks tracked overnight gains on the Nasdaq.
PSU Banks steal the show in 2025: Is the rally far from over?
PSU banks have emerged as the top performers in 2025, with the Nifty PSU Bank Index rising over 26%, far ahead of the broader market. Strong earnings, improved asset quality and attractive valuations have driven gains, though performance remains uneven across lenders. Analysts see momentum sustaining over the next few quarters.
Sensex, Nifty slip into red by midday on FII outflows, weak rupee
The BSE Sensex fell nearly 240 points while the NSE Nifty dropped below the 25,800 mark
Mint Explainer: Why the insurance bill 2025 marks the industry's biggest reform in decades
The bill seeks to amends three core lawsthe Insurance Act, 1938; the LIC Act, 1956; and the IRDAI Act, 1999to allow 100% foreign direct investment, strengthen regulation, introduce new intermediaries, and accelerate insurance penetration.
Indian steel exports to slow down on weakening global demand: Elara Capital
Europe stocked up on steel before new carbon tax starts
Rupee whipsaws after RBI steps in. What's in store for Dalal Street investors?
The Indian rupee saw a sharp intraday reversal after the RBI intervened aggressively to curb its fall, highlighting fragile market sentiment. Heavy dollar selling by the central bank pushed the rupee from near 91 to an intraday high of 89.75 per dollar before it settled around 90.28.
CAG flags underutilisation of Indias strategic oil reserves, import cover falls to 4.5 days
The audit flagged prolonged cavern vacancies, delayed commercialisation and failure to start Cabinet-approved crude trading, raising concerns over planning and financial viability.
India's real estate market is undergoing a digital transformation. Tokenized property ownership allows investors to buy small fractions, making real estate accessible to more people. Platforms like Alt DRX are simplifying investment processes, offering transparency and liquidity. This innovation is set to unlock significant growth, democratizing wealth creation through property for millions across the nation.
Russian crude oil imports show resilience despite sanctions
December arrivals are likely to exceed 1.2 million bpd, according to preliminary LSEG trade flow data
Park Medi World shares surge over 6% after listing at discount. Should you buy now?
After a muted listing below its issue price, Park Medi World shares rebounded strongly, crossing the IPO price as investor interest returned, with experts advising a medium-to-long-term holding approach.
PSU Bank IOB shares tumble 4% as OFS priced at 7% discount opens
Indian Overseas Bank shares fell 4% to Rs 35 on December 17 as its offer for sale (OFS) opened with a 7% discount. The government aims to divest up to 3% stake, with retail investors able to bid from December 18. The OFS floor price is Rs 34, valuing the offer at over Rs 1,964 crore.
Suzlon, Yanara sign 306 MW wind turbine deal in Rajasthan
The deal marks the second collaboration between the companies this year
Housing emerges as a strong performer as Indian real estate posts 15% returns
Indias residential real estate delivered a robust 15% total return over the past year, driven by infrastructure-led development and improved connectivity in major cities. Despite rising unsold inventory, end-user demand and peripheral market growth support stable, long-term gains, positioning housing as a strong-performing, inflation-beating asset class.
Insurance reforms set India on path to universal coverage by 2047: R Doraiswamy
India's Insurance Act Amendment Bill, 'Sabka Bima Sabki Raksha,' aims for a structural overhaul of the insurance sector, including amendments to the LIC Act. The bill's omission of open architecture for individual agents is seen as a relief for LIC, which relies heavily on its agent network.
Stock-pickers market at play: Vedanta, Tata Power among 5 stocks that offer up to 22% upside
With markets under pressure in December, experts say it is a stock-pickers phase. ETMarkets highlights five brokerage-recommended stocks offering potential upside of up to 22%.
Japan's 10-year bond yield hits 18-year high on fiscal worries
Japan's 10-year government bond yield surged to an 18-year peak of 1.980% on Wednesday, fueled by concerns over the government's record-breaking draft budget for fiscal 2026, which is projected to exceed 120 trillion yen. This fiscal worry, coupled with expectations of Bank of Japan rate hikes, prompted investors to sell longer-dated bonds, pushing yields higher across the curve.
Zepto IPO, Swiggy QIP bad news for Eternal investors? Jefferies analysts decode
Jefferies has reiterated its Buy rating on Eternal with a target price of Rs 480, citing strong growth prospects, improving unit economics and limited impact from Swiggys fundraising and Zeptos potential IPO on competitive dynamics.
Nephrocare shines on market debut, Park Medi trims early losses
Healthcare IPOs see mixed listing as Nephrocare debuts at a premium while Park Medi pares early losses
This year, 344 IPOs later, half the market is underwater
A year after a record 1.5 lakh crore IPO wave, half of new listings are underwaterrevealing why listing-day pops mislead and disciplined selection matters more than ever.
Motilal Oswal initiates coverage on Astra Microwave, sees 24% upside. Here are 8 reasons why
Motilal Oswal has initiated coverage on Astra Microwave Products with a Buy rating and a target price of Rs 1,100, citing its transition to a full systems player, strong order visibility, expanding defence opportunities and improving margins.
Bitcoin holds near $87,000 despite ETF outflows over $350 million, signalling investor caution
Bitcoin hovered near the $87,000 mark despite ETF outflows exceeding $350 million, reflecting cautious but resilient investor sentiment. Analysts note steady accumulation by large holders, low exchange reserves and mixed macro cues, suggesting consolidation with upside potential toward $90,000 if momentum sustains.
Smallcap slump year throws up 15 multibaggers. Cupid tops chart with 440% rally
Despite a weak year for smallcaps, 15 stocks delivered multibagger returns in 2025. Cupid led the pack with a 440% surge, far outperforming peers such as Indo Thai Securities and Kothari Industrial Corporation. The gains stood out even as the BSE Smallcap index lagged midcaps and largecaps.
RBI returns with decisive hand to halt rupee's one-way slide
The intervention on Wednesday matched Reserve Bank of India's actions in October and November, when it stepped in aggressively on three occasions to disrupt persistent one-way moves in the rupee
HDB Financial shares down 10% from listing peak. Jefferies says buy with Rs 900 target price
HDB Financial Services shares have corrected about 10% from post-listing highs, but Jefferies sees the pullback as an attractive entry point, citing improving growth, stabilising asset quality and expectations of better returns over the medium term.
India bonds rise before debt buy, RBI FX move ups bets of more liquidity
Indian government bonds rose on Wednesday as market participants anticipated the central bank's debt purchase and foreign exchange intervention, which boosted hopes for liquidity infusion. The benchmark 10-year yield eased slightly, reflecting increased bond prices. This follows the Reserve Bank of India's aggressive intervention to support the rupee, which had hit record lows.
Shakti Pumps shares slip 5% on profit booking after 40% rally in four days
Shakti Pumps shares fell sharply on Wednesday as investors booked profits after a sharp 40% rally in just four sessions. The recent surge was driven by multiple order wins in December. On the technical front, the stocks 14-day Relative Strength Index (RSI) stands at 65.4. An RSI below 30 indicates oversold conditions, while readings above 70 suggest overbought levels.
Rupee sees high volatility against US dollar in early trade
Uncertainty over the India-US trade deal and persistent foreign fund outflows are key drivers
Defence may gain from Budget push; PSU banks, affordable housing finance in focus: Ambareesh Baliga
Defence stocks could gain if the Union Budget addresses execution and capacity bottlenecks, says market analyst Ambareesh Baliga. He prefers PSU banks over private lenders on improving balance sheets and possible consolidation, and sees affordable housing financeespecially Aavasas a key NBFC play. Trade deal delays are not a major market risk, he adds.
Indraprastha Gas shares rally 5% as Nomura upgrades to Buy. Check target price, upside potential
Indraprastha Gas Ltd (IGL) shares surged after Nomura upgraded the stock to 'Buy' from 'Neutral', citing attractive valuations and margin tailwinds from softer gas prices. The brokerage assigned a target price of Rs 230, implying a 26% upside, as falling US Henry Hub and stable domestic gas prices are expected to boost profitability.
How a legacy Tata bet helped Rekha Jhunjhunwala buck portfolio slump in 2025
Rekha Jhunjhunwala emerged as a rare outperformer in a tough 2025 for Indian equities, when many marquee investors were hit by the smallcap slump. Her portfolio of 25 listed stocks avoided major losses and ended the year slightly higher, with its value rising from about Rs 40,589 crore to Rs 41,379 crore, highlighting relative resilience in a challenging market cycle.
Banking, IT remain core bets despite near-term market pressure: Christy Mathai
Despite Nifty's pressure, earnings expectations offer optimism, especially for financials. However, foreign investors have more emerging market options, leading to selling. Fund managers remain constructive on select stocks, with a preference for largecaps and some midcaps, as opportunities emerge from market corrections.
Coal India among 10 largecap stocks that are paying dividend yield of up to 7%
Axis Directs latest report highlights the top 10 large-cap companies by dividend yield over the last 12 months.
Crude oil futures rise as Trump orders blockade of Venezuelan oil tankers
The oil market sell-off accelerated on Tuesday, ICE Brent settled 2.7 per cent lower, breaking below $60 a barrel to its lowest level since February 2021
Markets attempt recovery amid global caution, rupee weakness
Sensex, Nifty open marginally higher
