12 C 
ET Market Watch: D-Street under pressure, Sensex slips 1,600 points in 4 days
Amagi Media Labs 1,789 cr IPO; to open on January 13
The IPO comprises a fresh issue aggregating up to 816 crore 8,160.00 million, and an offer for sale of up to 26,942,343 shares by the selling shareholders
Bajaj Group completes 23% stake acquisition in its insurance units from Allianz
India's Bajaj Group has acquired a 23% stake in its insurance subsidiaries from Allianz SE for 213.90 billion rupees ($2.38 billion), group firm Bajaj Finserv said on Thursday.
Reliance Industries to consider buying Venezuelan oil
Caracas and Washington have reached a deal this week to export up to $2 billion worth of Venezuelan crude, some 30-50 million barrels, to the United States after US forces captured President Nicolas Maduro on January 3
NSE in talks with IGX to launch natural gas futures contract
India's National Stock Exchange is in discussions with Indian Gas Exchange, or IGX, to develop and launch Indian natural gas futures, the country's largest bourse said on Thursday.
Markets plunge on 500% US tariff threat; Nifty breaches 26,000 mark
Sensex, Nifty log steepest four-month fall as metal, oil stocks slide
Markets plunge on 500% US tariff threat, Nifty breaches 26,000 mark
Sensex, Nifty log steepest four-month fall as metals, oil stocks slide
SaaS firm Amagi Media Labs set its IPO price band at Rs 343361 per share for a Rs 1,789 crore issue opening January 13. The offer includes fresh equity and OFS, with proceeds aimed at technology expansion and acquisitions.
NDMC presents surplus budget for 2026-27; rules out property tax hike
The New Delhi Municipal Council (NDMC) presented a surplus budget for the 2026-27 fiscal year on Wednesday, forecasting a net surplus of Rs 143.05 crore.
Shree KB Realty buys 3-acre land in Greater Noida via auction for Rs 122 cr
Real estate firm Shree KB Realty has bought a 3-acre plot in Greater Noida for Rs 122 crore through an auction process to develop a commercial project.
India bonds slip as wary traders eye weekly debt sale
Indian government bonds fell on Thursday ahead of a debt sale, which is likely to test a market where appetite has taken a hit despite aggressive debt purchases by the central bank.
Sebi revamps stockbrokers rule to ease compliance, push ease of doing biz
Market regulator Sebi has overhauled its more than three-decade-old stockbroker regulations, allowing brokers to carry out activities under the framework of other financial regulators, in a move aimed at providing ease of compliance as well as ease of doing business.
Avro India plans stock exchange listing of Avro Recycling by FY28, eyes up to Rs 300 cr via IPO
Avro India plans to list its wholly-owned subsidiary Avro Recycling by FY28 and raise up to Rs 300 crore through a public issue to support the expansion of its recycling business, a top company official said on Thursday.
NSE, IGX in talks to launch Natural Gas Futures contract
The futures contract would combine NSEs expertise in derivatives trading with IGXs leadership in spot gas trading and price discovery
SEBI overhauls stockbroker regulations, easing compliance and business
The overhaul simplifies language, removes outdated provisions, introduces clearer definitions, and allows brokers to operate under the framework of other financial regulators
Intention vs reality: What happens when children take over their parents' finances
Many Millennials and Gen Z-ers view their parents' finances not as a pot of savings but as an inefficient portfolio that needs fixing. This dynamic creates a fascinating, often painful, psychological clash. Here's how to go about it and what to avoid.
Bajaj Auto among 7 stocks hit 52-week highs; gains up to 15% in a month
Seven BSE 500 stocks, including Bajaj Auto and Polycab, hit fresh 52-week highs even as the broader market slipped, with monthly gains ranging from 5% to 15%.
Nifty Metal tumble explained: Is this just a correction or the start of a deeper fall?
Nifty Metal stocks fell sharply after a strong rally as profit booking and global commodity index rebalancing triggered volatility. Precious metals like gold and silver saw selling pressure, while Brent crude may attract inflows. Experts say the correction is technical, with long-term supply-demand fundamentals in metals still supportive despite near-term uncertainty.
From court cases to cash crunches: The risky flight plans of Indias startup airlines
Recent social media hype around three startup aviation companies masks a turbulent reality: A trail of compliance nightmares, court convictions and capital shortfalls. Can these shaky companies truly survive a dogfight with the industrys giants? A Mint investigation.
Bank Holidays 2026 in India: State-wise Complete List
Bank Holidays in India 2026 - Check out the Complete List of State-wise Bank Holidays at businessline
Indian markets extended losses as the Sensex slid 800 points and the Nifty broke key technical levels amid renewed US tariff concerns. Analysts advise caution, citing geopolitical risks and weak momentum, even as long-term fundamentals remain supportive.
Gujarat to host SEAs 2-day Global Castor Conference from February 27
The meet will deliberate and focus on the issues before the castor industry
Silver prices, after a record rally to USD 83.60/oz in late 2025, face heightened volatility in 2026. HSBC expects bullish momentum in H1 due to physical market tightness and safe-haven demand, but warns of potential pullbacks in H2 as supply rises, industrial demand weakens, and investor sentiment shifts.
Axiom Gas Engineerings 45 cr IPO to be opened in last week of January
The proposed IPO comprises a fresh issuance of up to 94,92,000 Equity Shareseach with a face value of 5
BHEL, ABB, L&T plunge up to 14% after report says govt may scrap curbs on Chinese companies
Shares of BHEL and other capital goods stocks tumbled up to 14% after reports said the Finance Ministry may scrap restrictions on Chinese companies bidding for government contracts. BHEL closed nearly 9% lower, while ABB, Siemens and L&T also declined amid broad market weakness and sharp sector-wide selling.
Rupee drops despite RBI intervention as tariff tensions, outflows weigh
Rupee slips to 90.01 against US dollar
The rupees decline and what it means for your investment portfolio
Why currency weakness matters, who gains, and how investors should think about asset allocation.
Rupee slides as tariff woes, outflows blunt impact of RBI intervention
The Indian rupee ended lower on Thursday after a choppy session as fresh, surprise intervention by the Reserve Bank of India was outweighed by tariff worries and equity outflows.
Studying abroad in 2026: How currency swings are reshaping student finances
A weakening rupee, rising global inflation and higher living costs are sharply increasing the real price of studying abroad, forcing Indian students and families to rethink funding strategies.
Mint Explainer: Why haven't oil prices crashed after US action in Venezuela?
While the removal of sanctions and the capture of President Nicolas Maduro theoretically unlock the worlds largest oil reserves and threaten to worsen the supply glut, oil prices haven't plummeted. Why is this, and what does it mean for India?
Zerodhas Nithin Kamath explains why tracking lock-in expiries is a must for IPO investors
Zerodha CEO Nithin Kamath urges IPO investors to track lock-in expiries, warning that post-expiry selling by large shareholders can pressure stocks. He also highlights regulatory limits on broker growth, including SEBIs 15% open interest cap.
Gold, silver extend declines for second session. What's triggering the fall in precious metals?
Gold and silver prices slid for a second day as Bloomberg Commodity Index rebalancing loomed, prompting heavy futures selling. MCX and COMEX prices fell sharply, with silver more vulnerable after 2025s outsized rally, while near-term pressure persists into January trading.
European shares' momentum wanes as investors weigh earnings, geopolitics
European shares deepened their pullback on Thursday as investors recalibrated bets following a strong start to the year, with geopolitical risks and major earnings updates in focus.
Vedanta shares slide 4% as metal stocks reel under broad sell-off. Is the dip worth buying?
Vedanta shares fell sharply on Thursday to an intraday low of Rs 595 on the BSE amid a broad metal sector sell-off. Weakness in global and domestic commodity prices, coupled with profit booking after recent highs near Rs 630, pressured the stock, with near-term support seen around Rs 580 for potential buying.
2 top stock recommendations by Rahul Sharma
Indian equity markets experienced sharp profit-taking, with the Nifty slipping below the crucial 26,000 mark and breaching 25,950, signaling heightened near-term volatility. Experts anticipate this uncertainty to persist until early next week, awaiting U.S. Supreme Court developments. A potential downside to 25,700 is noted if the Nifty sustains below 26,000.
What is the FIFO method - deployed to compute capital gains tax on the sale of mutual funds?
FIFO indicates first in first out which means the mutual fund units bought first are sold first. Based on this phenomenon, capital gains tax is computed.
NPS: What investment options are available for aggressive investors across pension plans?
For NPS subscribers, the return on investment over a period of time is contingent upon exposure to equity and choice of fund manager
Will BSE, NSE be closed on January 15 as Maharashtra declares civic poll holiday?
Maharashtra has declared January 15, 2026, a public holiday for civic polls, but its still unclear whether financial markets will remain open or closed on the day. The BSE, NSE and MCX have not announced a trading holiday. The date also coincides with the weekly expiry of Sensex derivatives, adding to market uncertainty.
Hindustan Zinc shares tumble 10% in two days! Should investors buy this dip?
Hindustan Zinc shares fell up to 6.5% to Rs 588 on Thursday, extending a two-day decline that has erased 10% of its value, as silver prices dropped sharply by Rs 7,000 per kg to Rs 2,43,704 on the MCX. Silver ETFs also edged lower, reflecting weakness in the underlying metal and weighing on sentiment for the precious metal producer.
Markets sink on Trumps 500% tariff threat on Russian oil buyers
Broader markets witnessed sharper losses, with the Nifty Midcap 100 index down 897.75 points or 1.46 per cent to 60,517.05 and the Nifty Smallcap 100 index falling 285.25 points or 1.59 per cent to 17,669.25
10 microcap stocks surge up to 200% in FY26 so far, 4 turn multibaggers. Do you own any?
10 microcap stocks have surged up to 200% in FY26, with four turning multibaggers in just nine monthsdid your portfolio capture the rally?
Export-heavy stocks bleed on Trump's 500% tariff signal; Gokaldas, Avanti crack up to 12%
Export-oriented stocks fell sharply on Thursday as fresh US political signals stoked fears of extremely high import duties. Shares of seafood, textile, pharmaceutical, and metal companies dropped amid concerns that a proposed bipartisan Russia sanctions bill could raise tariffs on Russian imports to 500%, potentially affecting countries like India, China, and Brazil, triggering investor caution over global trade risks.
Manishi Raychaudhuri sees Sensex hitting 91,000 by end of 2026
Asian equities have started 2026 strongly, driven by fiscal expansion in developed markets and persistent geopolitical tensions. Rising commodity prices, particularly base metals, are linked to AI-driven demand. Investor Manishi Raychaudhuri remains positive on Asian equities, with a selective overweight on India, favoring financials, discretionary consumption, commodities, and industrials.
Indian markets remain selective as Q3 updates highlight strength in Tata Steel, early recovery signs in IT, and improving BFSI outlook. Safeguard duties support steel prices, while valuation comfort is drawing institutional interest into IT stocks. Consumer discretionary looks better placed than durables, even as investors stay cautious on platforms and high-competition segments.
F&O Radar | Laurus Labs signals strong bullish trend; how to play the upside
Laurus Labs shares are surging, hitting a new all-time high near Rs 1,128.50. Analysts see strong bullish momentum, with the stock trading above key moving averages and a rising RSI. Immediate resistance is at Rs 1,150, with a potential rally towards Rs 1,233.
HSBC flags silver as fundamentally overvalued, warns volatility to continue in 2026
According to HSBC Global Investment Research, the rally was driven less by traditional industrial fundamentals and more by physical market tightness, investment demand, and macroeconomic uncertainty
Market breadth remain firmly negative, with declines far outpacing advances. Of the 3,085 stocks traded on the NSE, 2,457 trade lower, while only 552 stocks advance
Nifty 50 likely to deliver modest 7.6% returns by end-2026 as valuations remain high: Bernstein
The report said that even after assuming steady earnings growth, returns from Indian equities are likely to remain modest due to high valuations
Why market is down today? Indian stock markets are experiencing a significant downturn. Benchmarks have fallen for four consecutive sessions. Investors are reacting to global geopolitical issues and potential U.S. tariffs. Corporate earnings reports are also mixed. This combination of factors is causing a broad market decline. The Sensex and Nifty 50 have both seen substantial losses.
Silver prices plunge Rs 10,000 in a day. Is the white metals rally at risk?
Silver price crash: Silver prices experienced a sharp Rs 10,000 intraday fall on Thursday, following a record rally. HSBC warns of unsustainable levels and high volatility, citing weakening industrial and jewelry demand. While institutional buying offers near-term support, rising mine output and recycling are expected to temper long-term price gains, suggesting a volatile outlook for silver in 2026.
Punjab Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Punjab) list of bank holidays in India for 2026 on businessline
Kalyan Jewellers shares slip 1% despite 42% YoY revenue jump in Q3 update
Kalyan Jewellers shares slipped marginally on Thursday despite a strong Q3 update, with consolidated revenue surging 42% YoY on festive-driven demand. Same-store sales rose 27%, international revenue grew 36%, and Candere posted a 147% jump.
Mint Explainer | What do Indias draft battery identity number guidelines mean for EVs?
The Indian government plans to introduce a 21-digit Battery Pack Aadhaar Number (BPAN) for electric vehicle batteries, enhancing traceability and providing vital information about battery health and origin, benefiting manufacturers, owners, and financiers.
NALCO shares retreat 6% after 4-day rally. Are metals losing momentum?
Shares of NALCO fell on Thursday, ending a four-day, 14% rally, as profit booking hit Indias metals sector. All 15 stocks on the Nifty Metal index traded lower amid cooling global commodity prices and stretched valuations.
Regulatory chatter on commissions puts insurance stocks under the lens
Speculation about changes to insurance commissions is back on Dalal Street. This is raising concerns for distributors and insurers. Analysts warn that stock prices might not fully reflect these potential regulatory shifts. While the December quarter shows strong momentum for insurers, especially in health and term plans, any commission cuts could hurt volumes. Policybazaar also faces uncertainty.
As of January 8, the IPOs grey market premium (GMP) is around Rs 11.5, implying a 50% premium over the upper end of the price band of Rs 23.
India's residential real estate saw robust sales in 2025, exceeding 3.48 lakh units despite a slight year-on-year dip. Premium housing dominated, accounting for nearly 50% of sales, while affordable segments experienced a decline. The market is now consolidating at higher levels, with stable absorption and disciplined supply expected in 2026.
JM Financial advises caution on oil marketing companies (OMCs) like HPCL, IOCL, and BPCL due to potential excise duty hikes in the upcoming budget. The brokerage reiterates buy ratings on upstream producers Oil India and ONGC, citing attractive valuations and medium-term production growth potential amidst subdued crude prices.
Indian top IT firms set for another tepid quarter on weak US demand, client spending
As Indian IT companies gear up for what is expected to be a slow quarter, weak demand from the U.S. continues to dampen tech spending. Market analysts project only slight increases in revenue and profits for leading firms. Nevertheless, the growing trend of AI integration and a potential resurgence in 2026 could provide a silver lining.
Jio IPO may re-rate Bharti Airtel, says Jefferies; raises target price
Jefferies says Jios planned IPO in the first half of 2026 could act as a re-rating trigger for Bharti Airtel, aided by tariff hikes and a higher sector weight in indices. The brokerage has raised Bharti Airtels target price to Rs 2,760, implying 32% upside, and maintains it as its top pick in Indian telecom.
Tight liquidity, deposit struggle pushes SBI to raise 6,000 cr via CDs at 6%
SBIs rare move to raise 6,000 crore via certificates of deposit underscores tight liquidity and deposit stress, even as credit demand remains strong across the banking system.
HDFC Bank shares fall 4% in 4 sessions. Will Q3 results change the script?
HDFC Bank shares saw a dip as investors await third-quarter results. Analysts predict steady balance-sheet growth. While margins may face some pressure, asset quality and cost discipline are expected to remain strong. The bank's expanding rural network is boosting market share. Investors will watch for priority sector lending compliance and borrowing repayment.
AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says
While the electric vehicle industry has lifted copper demand the past decade, the AI, defence and robotics industries will require even more of the metal during the next 14 years
Torrent Pharma lines up mega $1.4 billion acquisition-funding bond sale, bankers say
Torrent Pharmaceuticals is set to raise 125 billion rupees via bond sales in January. This funding will support its acquisition of a controlling stake in JB Chemicals & Pharmaceuticals. The deal is expected to boost Torrent Pharma's market share significantly. This move highlights a growing trend of domestic bond market financing for acquisitions in India.
More US rate cuts, cheaper oil ahead? How Trumps Venezuela stance could help India
US policy shifts on Venezuela oil and expectations of deeper US rate cuts could stabilise crude prices and revive foreign investor interest in India, says DoorDarshi India Funds Rajeev Agrawal. He remains optimistic on Indias growth outlook, reform momentum and earnings recovery, even as global geopolitics and capital flows remain volatile in 2026.
With no new catalysts, India bonds stay flat as traders brace for supply
Indian government bonds saw little movement as traders awaited Friday's debt sale, despite the Reserve Bank of India's substantial bond purchases. Concerns over hefty supply persist, even as the market anticipates potential inflows from Indian bonds' inclusion in the Bloomberg Aggregate Index next week. Overnight swap rates showed mixed trading.
Meesho shares plunge 10% in 2 days: What triggered the fall and what investors should do
As per the market data, up to 110 million shares, or about 2% of the companys outstanding equity, became tradeable. The increase in free float revived nearterm supply concerns, weighing on the stock even as brokerages maintained a constructive view on the companys longerterm prospects.
Bitcoin slipped towards the $90,000 mark while Ethereum hovered near $3,150 as investors awaited key US jobs data and a Supreme Court ruling on global tariffs. Analysts see consolidation amid ETF flows, geopolitical uncertainty and technical resistance levels.
Hindustan Copper shares fall over 4% as copper prices retreat
Hindustan Copper shares fell sharply for a second session, tracking weakness in global copper prices after a strong rally. Profit-taking emerged as copper corrected from record highs, while elevated valuations and overbought technical indicators signalled near-term caution, despite the stock maintaining a positive broader trend and rising institutional interest.
Odisha Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Odisha) list of bank holidays in India for 2026 on businessline
TVS Motor tops two-wheeler pack with 60% rally. How far can the fuel last?
TVS Motor Company shares have surged 60% in the past year, outperforming peers and the Nifty index. With strong fundamentals and a supportive technical structure, brokerages anticipate further upside of up to 16%. The company's robust earnings growth and positive sales figures underpin this optimistic outlook.
Puducherry Bank Holidays in 2026 - Complete list
Check out the detailed state-wise (Puducherry) list of bank holidays in India for 2026 on businessline
Gold edges down on firm dollar as investors await key jobs data
Spot gold lost 0.3% to $4,440.67 per ounce as of 0344 GMT, dipping from an over one-week high hit in the last session. US gold futures for February delivery also fell 0.3% to $4,449.60
This move makes a notable shift for Republicans, aligning them with long-standing Democratic criticism of corporate homebuying. For years, Democrats have argued that institutional investors have driven up housing costs and reduced supply, though past legislative efforts to curb the practice have failed.
Amagi Media Labs' IPO to open on Jan 13; sets price band at Rs 343-361/ share
Cloud-based SaaS company Amagi Media Labs announced its Rs 1,788 crore IPO will open on January 13, with shares priced between Rs 343-361. The issue, comprising a fresh issue and an offer for sale, aims to strengthen technology, fund acquisitions, and cover general corporate expenses.
Beyond Big Tech: Where global investors are placing their 2026 bets
Global investors are expected to look beyond pricey tech stocks in 2026, hunting for undervalued opportunities across small caps, gold, healthcare, financials, emerging markets, and corporate bonds. Analysts cited by Reuters say softer U.S. rates, a weaker dollar, and shifting policy cycles will drive diversification across asset classes.
LG Electronics India will be in focus as its three-month IPO anchor lock-in ends today, freeing 1.5 crore shares for trade. The stock remains 28% above its issue price, even as recent quarterly results showed weaker profitability. Analysts stay optimistic, citing strong brand positioning and long-term growth visibility.
Markets open in red as geopolitical tensions and FII outflows weigh on sentiment
Market participants attribute the weak opening to cautious global cues, elevated geopolitical tensions, renewed tariff-related concerns, and continued foreign portfolio investor (FII) selling pressure
Adani Power, Tata Motors among 8 stocks with up to 72% upside as brokerages initiate coverage
Brokerages initiated coverage on eight Indian stocksincluding Adani Power, Tata Motors, Groww and Coforgeprojecting up to 72% upside on strong sectoral tailwinds and earnings visibility.
Markets have priced in stable Q3 updates, Indo-US trade deal key for next rally: Aditya Shah
Indian equity markets are experiencing a steady flow of corporate updates, yet investors remain cautious, suggesting near-term optimism is priced in. Market participants noted that despite numerous updates from consumption, banking, NBFC, and insurance sectors, benchmark indices have stayed range-bound, awaiting more decisive triggers for a significant move.
Ahead of Q3, HDFC Securities recommends a buy on Infosys, HCL, 5 more IT stocks for up to 52% upside
Ahead of a seasonally weak Q3FY26, HDFC Securities has recommended buy ratings on seven Indian IT stocks, including Infosys and HCL. Despite near-term headwinds like furloughs and macro uncertainty, these stocks offer potential upside of up to 52%. The brokerage anticipates modest sequential growth for most, with some expected to raise FY26 revenue guidance.
Thangamayil Jewellery shares jump 28% in just 3 sessions. Whats behind the sharp surge?
Thangamayil Jewellery shares saw a significant rise. This surge followed strong third-quarter business updates from rival companies. Titan Company and Senco Gold reported robust growth. Kalyan Jewellers also posted impressive revenue increases. Thangamayil itself had a strong turnaround in its September quarter results. This positive performance is driving investor interest.
Rupee falls 3 paise to 89.90 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 89.96 against the US dollar and later rose to 89.90, lower by 3 paise from its previous close
Coal India's five-year run generated Rs 1.8 lakh crore in investor wealth, driven by commodity cycles and PSU re-rating. Now, its subsidiary Bharat Coking Coal (BCCL) seeks funds, aiming to replicate this success with its strategic coking coal assets and expansion plans.
Japanese long-term bonds see renewed foreign appetite after two weekly outflows
Foreign investors returned to Japanese long-term bonds after three weeks, buying 273.5 billion as policymakers signaled a more restrained debt issuance approach. This marks a positive shift, with Japanese stocks also attracting significant foreign capital. Meanwhile, domestic investors showed renewed interest in foreign stocks, ending a period of net sales.
Shriram Finance shares in focus as board mulls Rs 39,618 crore funding from MUFG
Shriram Finance shares are in focus ahead of an EGM on January 14, where shareholders will vote on a Rs 39,618 crore capital infusion from Japan's MUFG Bank. The deal involves a 20% stake dilution via preferential allotment. Proxy advisors ISS and InGovern recommend voting in favor, citing fair pricing and safeguards.
Largecaps over midcaps in 2026? UTI MFs Amit Premchandani explains where returns may come from
Indian stock markets are set to remain largecap-led as banks, financials and IT services gain momentum. UTI MF fund manager Amit Premchandani highlights improving credit growth, stabilising asset quality, selective consumption recovery and renewed optimism in IT services, while warning that midcap and smallcap earnings risks persist despite policy support.
Infosys shares in focus following strategic AI partnership with Cognition
The integration of Infosys Topaz Fabric and Cognitions autonomous engineering tech is expected to fast-track software development and modernisation.
Sensex drops over 200 pts, Nifty below 26,150 amid tariff jitters and foreign selling
Indian equities opened lower on Thursday, with both the Sensex and Nifty extending a cautious trend for the fourth consecutive session. Concerns over U.S. tariffs and ongoing foreign fund outflows are weighing on the market, despite some positive sentiment from earnings growth.
