11 C Markets News
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Several taxpayers who filed their income tax returns (ITR) in September for the Assessment Year 2025-26 are waiting for their refunds to be credited. Here's all you need to know about the process.
SBI Mutual Fund, BlackRock buy 6.56% stake in Belrise Industries for 897 crore
The stake was sold by promoter group entity Sumedh Tools Pvt Ltd as part of promoter stake rationalisation, without any change in control or management.
RTX unit Raytheon lands $1.7 billion deal to supply Patriot systems to Spain
Raytheon Technologies secured a $1.7 billion contract to supply four Patriot air and missile defense systems to Spain. This mobile system, developed by Raytheon, is designed to detect, track, and destroy incoming aircraft and missiles. The deal follows similar orders from Germany, the Netherlands, and Romania, and a separate U.S. sale to sustain Ukraine's Patriot systems.
Defence electronics firm Tonbo Imaging files DRHP for IPO
The company designs and manufactures advanced sensing, imaging, communication and guidance systems for defence applications and has deployed over 20,000 systems across 24 countries
Among CILs seven coal-producing subsidiaries, Mahanadi Coalfields and South Eastern Coalfields are the largest two in terms of output
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian markets closed flat as IT stocks slipped and foreign investors sold, halting a short rally. Analysts see improving technical momentum in Nifty after a breakout, favouring buy-on-dips amid mixed global cues and cautious year-end positioning.
Novo Nordisk shares jump 10% after US approves Wegovy pill
Novo Nordisk shares jumped 10% on Tuesday after the U.S. Food and Drug Administration approved its weight-loss pill, giving the Danish drugmaker a competitive edge over rival Eli Lilly in the fast-evolving market for obesity drugs.
Bank of India raises Rs 10,000 cr via infra bonds
State-owned Bank of India on Tuesday said it has raised funds through issue of long-term infrastructure bonds of Rs 10,000 crore at a coupon rate of 7.23 per cent per annum.
Taxpayers can claim deductions not reported to employers while filing their income tax returns, even after the employer's TDS calculation. The final deadline for belated returns is 31 December, allowing corrections for missed claims.
ET Market Watch: IT pullback snaps two-day rally, Sensex, Nifty end flat
Market Trading Guide: Buy Godawari Power, NMDC and 2 midcap stocks on Wednesday for up to 8% gains
Nifty ended marginally higher for the third straight session. Analysts favour buy-on-dips above key support and recommend JSW Infrastructure, Godawari Power, NMDC and UPL for near-term gains.
Brokers welcome NSEs circular on distribution of third-party products
The clarification from the NSE came after NSE found that some trading members who are also registered research analysts were distributing banking loan products.
Tata Motors Finance offers Rs 32 lakh to settle NCD case with Sebi
Tata Motors Finance settled a Sebi case over alleged NCD issuance violations by paying Rs 0.32 crore. The regulator found private placements effectively became public issues after debentures were down-sold to over 200 investors, breaching Companies Act and Sebi norms.
US stocks open lower as yields rise after GDP data
U.S. stock indexes opened lower on Tuesday after stronger-than-expected economic data drove Treasury yields higher, weighing on heavyweight technology stocks.
Silver's shine here to stay, says Vedanta Chairman Anil Agarwal after 125% jump in 2025
Vedanta chairman Anil Agarwal says silver has entered a structural upcycle, driven by technology-led demand. Silver has surged 125% in 2025, outperforming gold, and now contributes nearly 40% of Hindustan Zincs profits, strengthening Vedantas earnings diversification and margins.
RBI announces Rs 2 lakh crore OMO, $10 bn USD/INR swap to inject liquidity
The Reserve Bank of India on Tuesday said it will purchase government securities worth Rs 2 lakh crore and conduct a USD 10 billion buy/sell dollar-rupee swap auction to inject liquidity in the banking system.
SEBI clears IPOs of Dhariwal Buildtech, ESDS Software and BLS Polymers
Companies cumulatively will raise over 1,500 crore
Silver smashes $70/oz barrier in global markets; MCX rates surge Rs 5,000/kg to record high
Silver prices hit a fresh record on Tuesday breaching the $70 per ounce mark in the spot market driven by strong industrial and investment demand, tightening inventories, geopolitical tensions, and expectations of further U.S. rate cuts.
RBI announces 2 trillion OMO, $10 bn USD/INR swap to inject liquidity
The OMO (Open Market Operations) purchase and swap auctions will be conducted between 29 December 2025 and 22 January 2026.
Govt proposes double sided closed auction as bidding mechanism for Coal Exchange
The proposal forms part of the revised draft Coal Exchange Rules, 2025
PE/VC investments jump 31% in November, near 2024 levels: Report
Private equity and venture capital investments in the country surged 31 per cent to USD 5.6 billion in November, according to a report on Tuesday.
Bengaluru-based defence electronics firm Tonbo Imaging files DRHP with Sebi for IPO
Defence electronics firm Tonbo Imaging filed draft IPO papers with Sebi for a pure offer for sale. The company is Indias fastest growing defence tech player, dominates thermal imaging exports, has global customers, rising overseas revenue, strong margins and visibility.
The Income Tax Department is reportedly holding taxpayers' ITR refunds, citing discrepancies in their claims. Many taxpayers are frustrated with the alerts and the short timeframe to revise returns, by 31 December 2025.
Ashok Leyland, NMDC among 7 mid-cap stocks hit 52-week highs; gains up to 25% in a month
Seven BSE midcap stocks touched fresh 52-week highs, marking their strongest levels over the past year.
India bonds little changed as supply worries dominate, benchmark breaks trend
Indian government bonds ended steady on Tuesday, amid worries over excessive supply till next quarter and waning prospects for further rate cuts, while the benchmark bond recovered from its intraday lows on likely central bank purchases.
From Air India crash to IndiGo meltdown, 5 events that defined Indian aviation in 2025
The year started on a high note, and the Kumbh Mela was on the horizon. Airlines were adding flights to Prayagraj and the January-March quarter was a magic one. However, the way things started shaping up since then made this year a year to forget for Indian aviation.
Ray Dalio explains why he always holds up to 10% of his wealth in gold on Nikhil Kamaths podcast
Billionaire investor Ray Dalio told Nikhil Kamath that he consistently holds 810% of his wealth in gold, calling it the best hedge against a debt-driven global economy. He described gold as an anti-dollar asset, warned about risks in fiat systems, and said India remains a standout long-term growth story.
Adani Ports completes acquisition of Australias NQXT in all-share deal
Adani Ports completed an all-share acquisition of Australias NQXT terminal, securing approvals and adding a high-margin, cash-generating overseas asset. The deal boosts FY26 EBITDA outlook, strengthens East-West trade positioning, and underpins expansion plans amid rising global port consolidation trends worldwide.
Income Tax Return: Here's what experts suggest taxpayers can do ahead of the 31 December 2025, if they miss the revised or belated ITR deadline. Check if you can revise your ITR after the December time limit.
Sterling rises to 12-week high versus weaker dollar
The pound rose to a near three-month high against a broadly weaker dollar on Tuesday, as traders assessed green shoots in the UK economy while keeping a close eye on persistent inflation.
RBI conducts FX swaps amid surging hedging costs
The RBI conducted short-tenor FX buy-sell swaps to cool a surge in hedging costs, pulling one-month forward yields down from multi-year highs. The move follows lender requests as elevated premiums erode foreign investor returns and trigger outflows from bonds and equities, underscoring the challenge of managing rupee stability.
Amid rising pollution, is green real estate in Delhi-NCR a smart investment?
As air quality worsens, sustainable housing could offer health benefits, regulatory readiness and long-term value.
Gainers & Losers: Ambuja Cements, Coal India and 5 more stocks in focus on Tuesday
Indian markets closed flat as IT and financial stocks lagged in range-bound trade. Ambuja Cements jumped on consolidation plans, Jupiter Wagons extended gains, Coal India rose on IPO buzz, while Coforge and Meesho corrected on profit booking.
Sensex dips after 2-day rally, IT stocks drag, Coal India, Shriram Finance lead gainers
Coal India, Shriram Finance and ITC lead Nifty 50, while Infosys, Bharti Airtel and Sun Pharma weigh in a holiday-shortened week
HCC rights issue gets two-fold subscription, draws 2,008 crore
HCC will retain proceeds equivalent to the issue size, with the excess amount refunded in line with regulations.
Indian markets may stay range-bound in 2026 unless earnings growth revives and the rupee stabilises, warns Demeter Advisors founder Ashwini Agarwal. While IPO momentum remains strong, fresh foreign inflows are limited. Agarwal advises asset allocation, cash buffers and bottom-up stock picking as key strategies amid valuation disparities and macro risks.
Mint Explainer | How PNGRBs tariff reset could lower CNG and PNG prices
The regulator has cut gas transport zones and imposed a uniform tariff that aims to reduce regional disparities and boost natural gas adoption.
Income tax alert: Disclose foreign assets and income in revised ITR by December 31
Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.
Santa rally in sight? Nifty seen heading to 26,700 by January, Bank Nifty to 61,000: Dharmesh Shah
Nifty is likely to challenge its lifetime high of 26,300 soon, with dips offering buying opportunities, says ICICI Directs Dharmesh Shah. Bank Nifty shows relative strength, while IT stocks are seeing normal profit booking after a sharp rally. Medium-term outlook remains positive, with a Santa rally and higher January targets in focus.
India may emerge as the winner in U.S.-China clash, Ray Dalio says on Nikhil Kamaths podcast
Ray Dalio warns investors to focus on the U.S.-China technology war, not daily market noise. He says the global order is breaking down, technology will decide power, and India could emerge as the strongest growth outlier by staying neutral.
Rupee rises 3 paise to settle at 89.65 against US dollar
Rise in global crude oil prices, coupled with foreign capital outflows, prevented sharper gains in the local unit, say forex traders
Market Wrap: Sensex dips 42 pts, Nifty holds above 26,150 as IT stocks retreat, halting 2-day rally
Indian markets ended flat on Tuesday as a pullback in IT stocks halted a brief rally and foreign investors turned sellers. The Sensex dipped 42 points while the Nifty held steady. Broader markets were mixed, even as global equities hovered near record highs and commodities flashed volatility amid geopolitical tensions.
Jos Alukkas welcomes Dulquer Salmaan as brand ambassador
The association with Dulquer Salman comes at a time when the group is expanding its presence to a wider, more contemporary audience
Rupee ends flat, wedged between importer dollar demand and firmer Asia FX
The rupee ended flat on Tuesday, hemmed in by persistent dollar demand from local corporates and the non-deliverable forwards market, which outweighed positive cues from gains in most regional currencies.
OYO-parent PRISM gets shareholders' nod for raising up to 6,650 cr via IPO
The EGM approval marks a significant step in PRISMs ongoing preparations for a public listing
PAN-Aadhaar linking: Will your PAN card get deactivated if not linked to Aadhaar by 31st December?
Your PAN will be rendered inoperative after 31 December if not linked with Aadhaar. There are several consequences of getting your PAN inoperative, including penalties.
Kauvery Hospitals strengthens digital backbone ahead of IPO plans
Kauvery Hospitals has launched a one-tap SOS emergency feature on its Kauvery KARE app, enabling GPS-based ambulance dispatch and 24/7 doctor video access
Indias podcasting paradox: rapid listener growth fails to yield ad bounty as YouTube takes over
Podcasting in India is growing, with 177 mn monthly listeners in 2024, projected to reach 267 mn by 2029. Despite this growth, ad revenue remains low, and discovery challenges persist, especially for non-celebrity podcasts. YouTube's rise as a platform is influencing podcast consumption habits.
Zerodha co-founder Nithin Kamath reacts to NSEs lending ban for brokers, calls it a good first step
Zerodha co-founder Nithin Kamath welcomed NSEs ban on brokers distributing third-party loans unrelated to trading, calling it a good first step. The move aims to curb investor leverage risks, especially from unsecured borrowing, while maintaining existing frameworks like the Margin Trading Facility. Kamath highlighted the importance of separating lending from trading.
Leasing of retail spaces in malls, high streets up 15 pc this year on better demand-supply: C&W
Leasing of retail space in shopping malls and high streets across India's top eight cities is estimated to rise 15 per cent to nearly 9 million sq ft this year on increased supply amid high demand from retailers, according to Cushman & Wakefield.
German residential property prices up for fourth straight quarter
Residential real estate prices in Germany rose for the fourth consecutive quarter between July and September and were up 3.3% from the same period last year, data from the Federal Statistics Office showed on Tuesday.
Jumpstarting wind energy: Govt plans new blueprint to put the wind back in the sails of the sector
The Union government aims to revive India's wind power sector by addressing grid connectivity, land acquisition, and unsigned power purchase agreements. A task force will tackle these issues to achieve 100 GW capacity by 2030.
Diabetes wave to fuel Indian pharma rally in 2026. Elara Capital picks 9 stocks for up to 43% gains
Elara Capital sees GLP-1 drugs as a major tailwind for Indias pharma sector, potentially becoming first-line therapy for diabetes and obesity. The brokerage recommends buying five stocks, accumulating four others, and selling one amid shifting metabolic treatment trends globally ahead.
Record SME IPOs, fragile returns: What retail investors should watch out for
Strong demand has not translated into consistent returns for SME IPOs. Of the 250 companies listed in the space in 2025, 129 are trading below their issue price
Oyo parent Prism gets shareholders nod for Rs 6,650 crore IPO
Oyo's parent company, Prism, has secured shareholder backing for its initial public offering. The company plans to raise up to Rs 6,650 crore through fresh equity shares. Shareholders also approved a bonus share issuance. These approvals are significant steps towards Prism's public listing. Recent financial performance shows strong profit and revenue growth for Oyo.
Mutual Funds turn buyers: Stakes raised after two quarters of cuts, 7 stocks surge up to 55%
After two quarters of trimming exposure, mutual funds turned selective buyers in the September 2025 quarter, increasing stakes across several BSE 500 stocks. While stock performance in CY25 remains mixed, the renewed accumulation suggests growing confidence in long-term fundamentals rather than short-term price momentum.
Emkay launches emerging Stars Fund Series VII, eyes focus on equities, pre-IPO bets
Emkay Investment Managers has launched Emerging Stars Fund Series VII, a Category III AIF targeting listed equities and pre-IPO opportunities, with up to 35% allocation to unlisted companies, focusing on Indias long-term structural growth drivers.
Ambuja merger a long-term positive, stock to track fundamentals over headlines: Amnish Aggarwal
Ambuja Cements shares are in focus as consolidation benefits are assessed. Infrastructure order activity is picking up, signaling improving sector visibility. Real estate stocks face a cautious outlook with growth having peaked. Platform companies show sales growth but profitability is a concern. Select pharma names remain attractive for long-term investors.
Bankers urge RBI action as dollar glut, NDF pressure roil Indian rupee forwards
Indian bankers are urging the Reserve Bank of India to step in as a dollar surplus and pressure in the non-deliverable forward market have sent rupee forward premiums to multi-year highs. This surge, driven by regulatory constraints and a mismatch in dollar sales, signals expectations of further rupee weakening. Intervention is deemed necessary to ease market pressure.
Year-end caution prevails, but optimism builds for markets ahead: Amnish Aggarwal
Investors are looking past year-end market movements. They are focusing on earnings strength and sector opportunities. The outlook for next year is optimistic. Earnings are showing gradual improvement. Defence stocks present accumulation opportunities. Ola Electric faces challenges from competition. The market is positioning for the year ahead.
Sensex, Nifty flat in mid-session, Coal India, Shriram Finance lead gainers
Profit booking and global caution keep investors on edge in a holiday-shortened week, with gains in Coal India, UltraTech Cement, NMDC and Jupiter Wagons offset by pressure from Infosys, Bharti Airtel and Adani Ports
Dhariwal Buildtech, ESDS Software Solution, BLS Polymers get SEBI nod to float IPOs
All three IPOs will comprise entirely fresh issues, with no offer-for-sale (OFS) component
No major shift in cement pricing expected post ACC-Ambuja Cement amalgamation: Rakesh Arora
The proposed amalgamation of ACC and Ambuja Cement, a decades-long relationship, brings focus to valuation upside and operational synergies for the Adani Group. Experts highlight the attractive acquisition cost per tonne for Ambuja shareholders, creating immediate value. While synergy benefits are largely realized, the merger signals continued inorganic growth for Adani, with further acquisitions anticipated.
Japan shares rise as bond yields retreat; tech jitters weigh on Nikkei
Japanese stocks rose on Tuesday as a retreat in domestic bond yields from record highs lifted sentiment, although persistent worries about artificial intelligence-linked share valuations capped gains for the tech-heavy Nikkei.
IRFC share price gain 5.03% as Sensex falls
IRFC Share Price: On the technical charts, the RSI of the stock stood at 65.98.
Air India's merger with Vistara shifted domestic market leadership, giving Air India the lead on major routes. The airline has expanded on key corridors, while IndiGo retains advantages on certain routes.
Granules India to raise 1,762.50 crore
The board approved the plan to raise 1,462.50 crore through the issuance of up to 2.50 crore convertible warrants priced at 585 each
KSH International shares slip 5% after listing at discount. Should you buy, sell or hold?
KSH Internationals shares slipped 5% on debut after listing at a nearly 4% discount to the IPO price, reflecting cautious investor sentiment and muted demand outside institutional buyers. The weak listing has reignited the debate on whether investors should exit, hold on for the long term, or wait for clarity on valuation and balance-sheet repair.
Foreigners buy most Indian stocks in 2 months as rupee recovers
Foreign investors injected the most capital into Indian stocks in two months, purchasing $644 million in local shares. This surge followed a rupee rebound from its record low, with the currency achieving its largest weekly gain in nearly six months. The inflows underscore the critical link between rupee stability and sustained foreign interest in Indian equities.
US markets in 2026: AI slowdown, credit stress could test the rally: Seth Freeman
US markets head into 2026 with strong momentum but rising risks. Seth Freeman warns AI growth could falter, private credit stress may intensify, and a looming debt wall could trigger restructurings. With gold at highs and rates easing, liquidity supports assets, yet volatility may return if earnings disappoint or credit cracks in the US economy during 2026 outlook period ahead.
Bitcoin slips to $88,000 as fear tightens its grip. Is this just a pause or the next big move?
Bitcoin slipped to around $88,000 as extreme fear gripped markets and traders stayed cautious ahead of a $28.5 billion options expiry. Short-term volatility is high, but accumulation trends and tightening supply suggest potential year-end upside. Support at $88,000 and resistance near $90,000 could define the next move.
Motilal Oswal has initiated coverage on Nykaa with a Neutral rating and a target price of Rs 280, implying a 10.3% upside from the previous close. The brokerage cited Nykaas strong position in the beauty and personal care segment, where it holds about a 27% share of Indias online market.
Coal India shares rise 3.5% as subsidiary Bharat Coking Coal plans Rs 1,300 crore IPO
Coal India shares rose on Tuesday after reports that its subsidiary, Bharat Coking Coal (BCCL), is preparing a Rs 1,300 crore IPO via a 10% stake sale. The issue, expected within two weeks, implies a valuation of about Rs 13,000 crore. Coal India stock is nearing its 52-week high.
Investors gear up for a Naya Daur in 2026: Mirae Assets Swarup Mohanty shares market insights
Mirae Asset CIO Swarup Mohanty anticipates 2026 as a stock picker's market, favoring healthcare and banking, especially smaller private banks. Global allocations have shifted, with a 50% US, 30% China, and 20% India focus. He highlights the need for corporate earnings growth and sees India as a consumption story and safe investment haven.
Short-term calm, long-term strain: The US Dollars uneasy outlook
The U.S. dollar is stabilising after a steep 9% annual drop, but most analysts expect its downtrend to resume as global growth strengthens and the Fed turns more accommodative. Policy divergence, narrowing rate differentials and persistent fiscal concerns point to continued long-term pressure despite short-term rebounds.
Why higher yields could become the new normal for global markets
Long-term bond yields are rising despite Fed rate cuts, driven by sticky inflation, soaring U.S. deficits, and a higher term premium. Markets are increasingly pricing a higher-for-longer regime, with 10-year yields threatening a break above key resistance. This shift could reshape mortgages, debt costs, equity returns and currency dynamics.
Adanis Ambuja Cements gain 4% on merger plan with ACC, Orient Cement
Stock gains after boards approve amalgamation of ACC and Orient Cement aimed at creating a unified cement platform
Indias power sector finds its next big bet in batteries
Falling battery prices and policy support are triggering a surge in grid-scale energy storage, with Reliance, Adani, JSW and Waaree planning large BESS investments through 2030.
SME IPO crisis: Phytochem Remedies withdraws Rs 38 crore issue due to undersubscription
Phytochem Remedies withdrew its Rs 38 crore SME IPO after the issue was undersubscribed at just 62% with only 797 applications. The grey market signalled a flat listing, reflecting weak sentiment toward SME offerings. The high retail investment threshold and volatile markets also weighed on subscription demand.
KSH International shares slide further by 4% after discount debut
The stock listed at 370 on both the NSE and BSE, nearly 4% lower than its IPO price of 384; after its weak opening, the shares extended losses in early trading
Meesho shares fell for a third session after a blistering 110% post-IPO rally, as a low free-float, short-covering pressures and profit-taking triggered a sharp reversal. Brokerages remain constructive on the long-term growth story, even as volatility rattles near-term sentiment.
Jupiter Wagons shares zoom 32% in 3 days after promoter buys Rs 135 crore stake
Jupiter Wagons shares have seen a sharp uptick in three days after promoter Tatravagonka A.S. increased its stake via a Rs 135-crore convertible warrant allotment. The move boosted promoter holding to 19.24%, lifting investor sentiment. The stock trades at Rs 334 with bullish technicals despite remaining below long-term moving averages.
Market algorithms: How Algo trading is reshaping global investing
Algorithmic trading, once the domain of global hedge funds, is now increasingly relevant for HNIs and family offices in India and abroad. Using pre-defined rules and automated execution enhances efficiency, risk management, and opportunity capture. Strategies include trend-following, arbitrage, mean reversion, and high-frequency trading across equities, derivatives, and currencies.
Global investors like SoftBank and Temasek have incurred substantial notional losses on Ola Electric shares, with valuations plummeting by approximately 78% from their peak. The company faces headwinds from declining market share and weak financial performance, prompting a cautious 'wait and watch' approach for retail investors.
Swarup Mohanty on cycles, conviction and the rise of midcaps
Swarup Mohanty of Mirae Asset highlights a year of shifting market dynamics, where traditional assumptions are being challenged. The firm has evolved into a diversified asset manager, with a strong focus on mid and smallcap stocks, which are now seen as crucial protagonists in portfolio construction, not just supporting roles.
IPO boom lifts fundraising to record 1.76 lakh cr in 2025; outlook remains firm for New Year
A major highlight of the year was the resurgence of start-up listings with as many as 18 start-ups, including Lenskart, Groww, Meesho and PhysicsWallah, going public and collectively raising over 41,000 crore
Capital market infrastructure tops 70,000 crore in FY25
Jefferies turns constructive on brokers and select market intermediaries, citing strong structural tailwinds, rising equity participation and scope for product-led expansion
Hospitals, defence stocks set for multi-year growth as capex and orders rise: Mayuresh Joshi
Indias hospital and defence sectors offer strong long-term investment potential, driven by capacity expansion, medical tourism, healthy order books and policy support. Marketsmith Indias Mayuresh Joshi explains why organised healthcare players and select defence stocks remain attractive despite valuation concerns, highlighting structural growth drivers, improving balance sheets and disciplined capital allocation.
