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'Big Short' fame Michael Burry targets Tesla after slamming AI valuations
Michael Burry, the investor famous for The Big Short, has labeled Tesla idiculously overvalued, citing significant shareholder dilution and Elon Musk's potentially trillion-dollar pay package. He noted Tesla's stock trades at a much higher multiple than the S&P 500, a bearish stance he has held before.
Sebi to simplify offer document summary to encourage informed investor feedback
Markets regulator Sebi is looking to rationalise and simplify the offer document summary to encourage informed investor feedback and reduce reliance on unverified tips, its chairman Tuhin Kanta Pandey said on Monday.
Nvidia takes $2 billion stake in chip design software maker Synopsys, shares drop
Nvidia has invested $2 billion in chip design software maker Synopsys, securing a significant stake and expanding a multi-year partnership. This collaboration aims to jointly develop new tools for AI-driven product design across various industries. The deal strengthens Synopsys' position, while Nvidia seeks to leverage its influence in the AI compute market.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Markets hit fresh record highs before slipping into mild losses as pharma and financial weakness offset support from autos and IT. Analysts flagged consolidation, cautious sentiment and key support levels despite strong GDP data, while global cues remained weak.
Rupee at record low: Equity outflows and US deal delay hurt sentiment
The rupee hit a record closing low of 89.5475 per US dollar on Monday, pressured by the RBIs maturing positions in the non-deliverable forward market, persistent FII selling and delays in the IndiaUS trade deal
To complying with SEBIs MPS norm: Govt to sell up to 6% stake in Bank of Maharashtra via OFS
As per SEBIs minimum public shareholding norm, listed companies should have at least 25 per cent public shareholding
Market Trading Guide: Buy Paytm, Bank of Baroda and 2 more stocks on Tuesday for up to 13% gains
Nifty reversed from its lifetime high and closed lower despite strong GDP data, signalling extended consolidation. Analysts expect sideways movement with mild bearishness and highlight KPIT, Bank of Baroda, Paytm and Rico Auto as potential trading opportunities based on technical setups.
Gold gains 2,200 per 10 grams on firm global trend
Rising for the sixth consecutive session, spot silver gained 2 per cent to hit a lifetime high of $57.85 per ounce in the global markets
US stocks open lower ahead of Fed's Powell's speech, manufacturing data
Wall Street's main indexes opened lower on Monday as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from Federal Reserve Chair Jerome Powell to gauge the central bank's policy decision later this month.
Rupee closes at record low of 89.55 amid unwinding of RBI's short positions
The rupee sank to a record 89.79 intraday and closed at 89.55 despite heavy RBI intervention. Stop-loss triggers, offshore position unwinding, importer demand and uncertainty over the IndiaUS trade deal added pressure, though the RBI is seen defending the 90 level.
ICICI Prudential AMC, Powerica, 2 others secure Sebi nods to launch IPOs
Sebi has approved IPO proposals of ICICI Prudential AMC, Powerica, Annu Projects and Technocraft Ventures, allowing them to proceed after DRHP review. The issues include OFS, fresh equity, and large fundraising across asset management, power, EPC and infrastructure sectors.
SEBI approves 10,000 crore IPO of ICICI Prudential AMC
ICICI Prudential AMC is Indias largest active mutual fund manager with 13% market share and 8.79 lakh crore in quarterly average AUM as of March-end.
Bombay HC throws out petitions against WeWork India IPO nod
Court imposes 1-lakh cost on one petitioner; relief for coworking operator as listing plan moves ahead
Exports buoy agrichem firms, revenue growth seen consolidating to 6-7% in FY26: Crisil
The industrys return to its long-term growth range of 8-10% next fiscal year will depend on whether exports sustain the current momentum and domestic demand strengthens from this years weak base, Crisil said
Banks can't rely on service providers' assurance: RBI deputy guv on technology outsourcing
RBI deputy governor Swaminathan J. urges lenders to gain a deep understanding of the technology, control environment, and the concentration risk that arises when they depend on the same provider.
Govt to sell up to 6% stake in Bank of Maharashtra, aims to garner Rs 2,600 crore
The government will divest up to 6% of its stake in Bank of Maharashtra through an Offer for Sale, aiming to raise approximately Rs 2,600 crore. This move will help the bank meet the minimum public shareholding norm of 25%, bringing the government's stake below 75%.
Nine BSE 100 stocks climbed to their 52-week highs, touching their best levels in a year. Such breakouts are seen as bullish signals, indicating strong momentum.
During the Winter session of Parliament, Finance Minister Nirmala Sitharaman introduced Bills to impose a cess on tobacco and tobacco products.
SAI Parenterals buys 74.6% stake in Australias Noumed Pharmaceuticals for 125 crore
Noumed Pharmaceuticals is a supplier of private label over the counter products to pharmacy chains across Australia and New Zealand
Bajaj Finance to sell 2% stake in Bajaj Housing Finance in block deal: Report
Bajaj Finance may offload a 2% stake in Bajaj Housing Finance via a block deal at a 9% discount. The stock remains oversold despite solid Q2 profit, revenue and NII growth, following a weak post-listing performance.
India bonds skid to over two-month low on rupee slide, rate-cut doubts
Indian government bonds slipped on Monday, with the benchmark note closing at its lowest in more than two months, as robust economic growth data dimmed rate-cut hopes and as a tumbling rupee added to the pressure.
LTTS unveils AI-powered lung diagnostics platform with NVIDIA
The platform integrates with CT imaging and uses deep learning models to create 3D digital twins of lung anatomy, visualising airways, blood vessels, lung lobes and lesions
Gainers & Losers: Lenskart, Wockhardt among 6 stocks that were in focus on Monday
Indias strong 8.2% Q2 GDP briefly lifted markets to new highs before pharma and financial weakness dragged indices lower. Lenskart, Hyundai, Wockhardt, Hindustan Zinc, Max Healthcare and Whirlpool saw major action driven by earnings, sales updates and sector sentiment.
Markets slip from record highs as profit-booking erases GDP-fueled rally
Among sectoral indices, Nifty Auto, Metal, IT, and PSU Bank displayed strength, while Realty, Healthcare, and Pharma indices closed in the red
Are gifts from NRIs to resident Indians taxable?
Under Indian income tax law, a transfer of property between specified relatives qualifies as an exempt transfer and therefore does not trigger capital gains tax for the sender.
Gold prices surged on Monday amid global risk-off sentiment and a weakening rupee, with analysts expecting another Rs 2,400 rise this week. LKP Securities says fundamentals remain strong, supported by softer dollar index, Fed uncertainty, and persistent rupee depreciation. Technical charts also signal continued bullish momentum with the buy-on-dips strategy intact.
Tata Motors shares rise 4% after impressive November sales. Check details
Tata Motors commercial vehicle business surged on strong November sales, posting 29% YoY growth driven by broad-based domestic and export demand. Robust Q2 performance and expectations of continued momentum in construction, infrastructure and mining sectors boosted investor sentiment.
India picks up non-sanctioned Russian oil as discounts widen
The purchases confirm a cautious return to Russian oil among some Indian refiners, though overall spot purchases remain limited as refiners assess a changing sanctions landscape
Jitendra Sriram on why earnings stability, not euphoria, will drive the next leg of Indias rally
Indias markets hover near record highs as earnings stabilise and macro indicators strengthen. Baroda BNP Paribas MFs Jitendra Sriram says financials, pharma, and power utilities will lead the next leg of the rally, while FII selling is set to ease as valuations improve. With GDP strong and policy turning supportive, broader market sentiment is poised to improve in 2025.
Aequs, Vidya Wires and Meesho launch IPOs on December 3; to raise over 6,600 crore
SBI Securities has recommended subscribing to all three issues, citing strong sectoral prospects and long-term growth potential.
Despite a 27% decline in 2025, Anand Rathi sees Premier Energis as a strong buy, projecting 37% upside. Growth is driven by high-efficiency solar lines, plant consolidation, technology upgrades, and diversification into inverters and storage. Robust execution, R&D, and sector tailwinds support revenue and margin expansion.
22K & 24K gold price today, December 1, 2025 across Indian cities
Patel Engineering to use 500 crore rights issue for major debt reduction
With a 15,000-crore order book and over 34,000 crore in bids under evaluation, the company aims to strengthen its balance sheet ahead of the next infrastructure capex cycle.
Tilaknagar Industries closes 3,442-crore Imperial Blue acquisition
Acquisition gives Tilaknagar access to Indias third-largest whisky brand by volume
Rupee hits all-time low, holds above 90/USD mark with central bank help
The Indian rupee slid to a record low on Monday, pressured by maturing non-deliverable forward positions alongside a persistent bearish pall on the currency as India remains the among the few major economies without a trade deal with U.S.
Market Wrap: Sensex settles 65 pts lower, Nifty flat after hitting fresh peaks
India's robust 8.2% Q2 GDP growth initially propelled markets to record highs, with the Nifty and Sensex touching new peaks. However, a late pullback, led by pharma and financial stocks, saw indices close with marginal losses. Despite the dip, auto and IT sectors provided some support, with HDFC Bank and Bajaj Finance being notable decliners.
MV Electrosystems files DRHP to raise Rs 290 crore via IPO
Of the proceeds, Rs 180 crore will go toward long-term working capital and Rs 21 crore toward research, design and development of new power electronic equipment.
Rupee hits new low as depreciation continues; experts say all eyes on India-US BTA
As the rupee plunges to an unprecedented low of 89.713 per US dollar, analysts highlight the impact of a robust US dollar, delayed trade negotiations, and increasing import demands on Indias currency stability
European shares decline after November's gains as industrial stocks weigh
European shares slipped on Monday, with defence stocks and planemaker Airbus weighing down industrials, as a wave of risk-averse sentiment swept markets after gains in November.
MV Electrosystems files draft papers for Rs 290-cr IPO
MV Electrosystems, which manufactures electrical and power electronics equipment for railway rolling stock, has filed preliminary papers with markets regulator Sebi to raise Rs 290 crore through its initial public offering (IPO).
Your attention is the new currency for India's streaming apps.
Metrics such as total time spent by users on a platform, time spent per session, content completion rates, and user interactions, including likes, comments, and shares, get priority plateauing paid subscriber growth.
Hyundai Motor India shares rise 4% on robust November sales. Check details
Hyundai Motor Indias shares rose up to 4% after the automaker reported strong November 2025 sales. Total volumes grew 9.1% YoY to 66,840 units, supported by 4.3% domestic growth and a sharp 26.9% jump in exports. The company said GST 2.0 reforms boosted momentum, while rising exports underscore Hyundais strategy to position India as a key global manufacturing base.
LIC uses Ciplas dip as entry point, raises stake by 2% to 7.05%
LIC increased its stake in Cipla to 7.055% by acquiring 2.03% shares between July 17 and November 27. The purchase comes as Cipla trades near key SMAs, posts modest Q2 growth, and gains a Buy rating from Sharekhan.
Elon Musk says AI & robotics will drive almost all value and names the stocks he sees winning
Elon Musk told Zerodhas Nikhil Kamath that AI and robotics will drive nearly all future economic value, with companies leading these technologies set to dominate in the long term. Asked which firms beyond his own are best positioned, Musk highlighted Google for its foundational AI work and Nvidia for its crucial role in powering the ecosystem.
Rupee at lifetime low despite GDP boost. Is a steeper decline on the cards?
The Indian Rupee hit a record low of 89.73/$ in early December, despite strong 8.2% GDP growth in Q2 FY26. Weak FPI inflows, rising imports, trade deal uncertainty, and global risk sentiment have driven depreciation. Analysts expect INR to trade with a downward bias in the near term.
Markets eye 25 bps cut as RBI MPC meet nears
December is shaping up to be a pivotal month, with traders positioning ahead of the RBIs upcoming policy decision that could influence the trajectory of equities through the new year
Govt simplifies approval process for exploration of coal, lignite
The new process does not require a go-ahead from the government panel set up in 2022 for this purpose
A small fee cut, big returns: The cost reform that could boost your MF portfolio
Sebi's move to lower mutual fund costs could help investors grow long-term wealth with smaller fees.
Mid- and small-cap slide a big buying opportunity: Manish Sonthalia
Veteran investor Manish Sonthalia views the current mid- and small-cap stock correction as a prime accumulation phase, comparing it to the post-Covid crash opportunity. He advises investors to carefully select IPOs and focus on rate-sensitive sectors, IT, capital markets, and bullion, while avoiding overvalued capital goods, railways, and defense stocks.
This multibagger pharma stock rockets 15% after USFDAs historic approval for antibiotic drug Zaynich
The US FDA has accepted Wockhardts New Drug Application for Zaynich, its first-in-class antibiotic. This marks the first-ever acceptance of an NDA for a New Chemical Entity from an Indian pharma company, representing a major regulatory breakthrough.
Rate-sensitive sectors poised to drive next leg of earnings growth in FY26: Manish Sonthalia
Indian equity markets have reached a new peak after a long wait. However, this record high does not reflect the entire market. Midcap and smallcap stocks are still lagging behind. Liquidity issues, driven by a surge in IPOs, are impacting these segments. Experts anticipate rate-sensitive sectors to drive future growth as India moves towards a lower interest rate cycle.
Meesho, Aequs & Vidya Wires IPOs open this week. GMP indicates up to 35% listing gains
Three mainboard IPOs Meesho, Aequs, and Vidya Wires open this week with strong grey market premiums indicating potential listing gains of 1735%. Meesho and Aequs lead with over 30% GMP, while Vidya Wires also shows solid investor interest despite its smaller issue size.
Euro zone yields edge up, ultra-long end of German curve steepens
Euro area government bond yields edged up on Monday as investors looked to U.S. Treasuries for direction, while the ultra-long end of the German curve hovered near its steepest levels in over six years.
Sensex, Nifty slip from record highs; Kotak Mahindra, Adani Ports among lead gainers
While fundamentals remain supportive, these near-term concerns prompted traders to pare positions, pulling the Sensex and Nifty back from record levels
Smallcaps still overvalued, midcaps lead earnings momentum: Nischal Maheshwari
India's robust GDP growth fuels expectations of an RBI interest rate cut, with experts citing favorable macro conditions. Despite strong real GDP, nominal growth remains a concern, prompting calls for immediate easing. Equity markets show uneven breadth, with midcaps outperforming lagging smallcaps. The banking sector is poised for a strong phase, while IPO valuations remain stretched despite improving profitability.
Markets slip after opening at record highs, Bank Nifty holds above 60,000
Market breadth negative with 2,238 stocks declining, against 1,795 advancing on the BSE
FIIs returning, DIIs rotating: Sunil Subramaniam says mid & smallcaps poised for a comeback
Sunil Subramaniam sees a shift in market leadership, with DIIs poised to rotate toward midcaps, smallcaps, and lagging sectors. FIIs may accelerate inflows on improving earnings and attractive relative valuations. He expects a revival in private capex, strong prospects in industrials and PSU banks, and a potential boost from the upcoming Budget through incentives and PPP-driven projects.
12 Multibaggers: FIIs and MFs-backed stocks deliver over 25% gains in both quarters of FY26
The report highlights 21 high-performing Indian stocks in FY26 with over 25% gains in the first two quarters, attracting strong FII and MF investments. Twelve stocks have more than doubled, while eight gained 6699%. Key performers include Cupid, Rossell Techsys, Lumax Industries, and Tilaknagar Industries, with details on quarterly gains and institutional holdings.
Risk-reward favours large caps and quality compounders where valuations are closer to historical bands, while mid/small caps remain vulnerable to any earnings disappointment
Hindustan Zinc shares gain 3% as silver surge lifts sentiment; up for fifth day
Hindustan Zinc shares rose on Monday, marking a fifth consecutive day of gains, driven by record-high silver prices and robust investor interest. As Indias sole listed silver producer, the company stands to benefit from industrial demand, Fed rate cut expectations, and untapped valuation potential relative to global peers.
Mega PSU bank merger plan: Can India do it without amplifying risks?
India plans new PSB mergers to create global-sized banks to fund major projects. Success depends on balancing scale against the heightened systemic risk of concentrated power.
Paytm shares hit fresh 52-week high as company completes subsidiary restructuring
The stock has gained significant momentum from its March low of 651.50, more than doubling in value over the past nine months
RBI likely steps in to support rupee as it sinks to record low: Traders
The Indian rupee hit a record low against the U.S. dollar on Monday, falling to 89.7575 and nearing the 90 level. Traders reported that the central bank likely intervened to support the currency, with one describing the intervention as mild for now.
Silver soars to record Rs 1,78,649. What powered the rally and how close is Rs 2 lakh target?
Silver futures on MCX hit a new record on Monday, with March 2026 contracts touching 1,78,649 per kg. The surge follows strong recent momentum and aligns with global gains driven by Fed rate-cut expectations, dollar weakness, and rising safe-haven demand.
Will AI-driven volatility continue to shape US market sentiment this week?
AI-driven volatility is expected to remain a key force in shaping U.S. market sentiment this week as investors weigh AI profitability concerns, tech stock swings, and shifting Fed rate-cut expectations.
Hindustan Zinc shares surge 3% in early trade. Heres why
The stock rose over 3% in early trade to 501 (near its 52-week high of 546.95 recorded earlier) against the previous close of 485.45.
2026 Oil Outlook: Will OPEC+ cut again to support prices?
OPEC+ is expected to stay cautious in 2026 as sanctioned supply, peace talks, and uncertain inventories cloud the global oil outlook and may prompt further output cuts to support prices.
Rupee hits record low of 89.73 vs USD amid weak flows, trade deal woes
The Indian rupee hit a new low against the dollar, despite strong economic growth figures. Unfavorable trade and portfolio flows, coupled with the absence of a U.S.-India trade deal, are pressuring the currency. Economists suggest a calibrated depreciation is necessary to offset these challenges, as foreign investors continue to withdraw funds from equities.
Paytm shares jump over 3%, extending fourth straight day of gains. Here's why
Paytm shares rose sharply on Monday, extending their fourth straight session of gains after One97 Communications announced full ownership of three key group companies. One97 Communications has secured full ownership of Foster Payment Networks, Paytm Insuretech and PFSL by acquiring the remaining 9.99%, 67.55% and 51.22% stakes. With this, all three firms are now wholly owned subsidiaries.
Aequs will open its Rs 921.81-crore IPO on December 3, with grey market premiums surging to about 35%, indicating strong investor appetite. Priced at Rs 118124 per share, the issue includes a fresh offering and OFS. Despite widening losses, pre-IPO institutional interest and strong aerospace manufacturing capabilities support sentiment.
Meesho IPO: How the women-powered platform left Amazon and Flipkart chasing discounts
Meesho has emerged as Indias largest e-commerce marketplace by tapping millions of value-conscious shoppers in small towns. Built on low prices, unbranded goods and a zero-commission model, it now dominates non-metro India, driving massive user and order growth while Amazon and Flipkart race to catch up in the hinterland.
Broader upside ahead; midcaps, NBFCs and autos to lead next market leg: Nirav Sheth
Indian markets are set for more highs as earnings strengthen and valuations turn reasonable, says Emkay Globals Nirav Sheth. Broader markets, NBFCs, autos and cement are poised to lead the next leg of the rally, while strong IPO flows signal a healthy market. GST cuts, easing rates and rising credit growth are expected to drive momentum in 2026.
India bonds fall as doubts over rate cut grows ahead of RBI meet
Indian government bonds saw a decline on Monday. Traders adjusted positions ahead of the Reserve Bank of India's policy decision. Stronger-than-expected economic growth data for the July-September quarter has clouded the outlook for interest rate reductions. The benchmark 10-year yield increased. Market participants are now debating the timing of the next rate cut.
US equity markets: Largecaps stay strong, smallcaps eye alpha opportunities, says Vincent Nichols
Strategist Vincent Nichols sees smallcaps as a strong complement to largecap tech, potentially adding alpha as interest rate cuts continue. While largecap tech fundamentals remain robust, a shift could favor smallcaps, though timing is uncertain. Nichols also noted that while tech capex is strong, a digestion period is likely in the medium term.
Silver soars to record high, gold rally gains momentum
With inventories falling and demand consistently outpacing production, traders say the metals momentum has been building for months, culminating in this record-setting jump
Credit score vs credit card interest rates: What lenders dont tell you
A strong credit score reduces credit card costs by securing lower interest rates, higher limits and better offers while poor scores increase borrowing risks, making responsible credit behaviour essential.
RBIs dovish tilt softens yields, but long-end pressures persist: October 2025 fixed income outlook
Indian bond yields softened in October. The Reserve Bank of India's dovish stance lowered expectations for interest rates. Inflation dropped significantly, boosting sentiment. However, the longer end of the bond market faced pressure. Foreign investors showed strong interest in Indian debt. The RBI is expected to conduct Open Market Operations to manage liquidity and stabilize yields.
Reliances 4th monetisation wave: Is Ambanis $80 billion post-Covid capex about to pay off in 2026?
Reliance Industries is entering its fourth major monetisation cycle, aiming to unlock returns from nearly $80 billion invested since Covid. Analysts expect strong cash-flow growth driven by 5G leadership, data centres, refining, and new energy expansion without increasing leverage.
US market rally supported by fundamentals, despite high valuations: Vincent Nichols
US equity markets are reaching record highs, with both large-cap and small-cap stocks showing upward momentum driven by strong earnings and revenue growth. While large-cap tech valuations are stretching, market strategist Vincent Nichols suggests opportunities exist in underappreciated sectors like small-cap equities, which offer potential for long-term outperformance.
Stock markets: Which way will the wind blow in 2026?
Markets that moved sideways through 2025 may see a shift in 2026 as FIIs potentially return, supported by currency stability, cooling AI trade, and improving earnings visibility. While a 2024-style rally is unlikely, a balanced mix of momentum and value is expected, creating strong bottom-up opportunities across broader markets.
Guyanese oil on long voyage to India to replace
India had been importing about 1.7 million barrels a day of Russian oil, but US sanctions last month on Russias two largest exporters, Rosneft PJSC and Lukoil PJSC, have put refiners at risk if they continued with the trade
Godrej Properties buys 5 acre land in Hyderabad to build Rs 4,150 cr worth housing project
Godrej Properties has acquired a 5-acre land parcel in Hyderabad's Neopolis, Kokapet, through an e-auction for a premium residential project. This development is projected to generate approximately Rs 4,150 crore in revenue. The company continues its expansion in the Hyderabad market, aiming to strengthen its presence in this high-potential region.
Lenskart shares gain 5% as Q2 profit up 20% y-o-y
The company reported a consolidated profit after tax of 103.4 crore; Consolidated revenue from operations surged 21% to 2,096.14 crore
Bitcoin dips under $88,000 with risk-off sentiment driving early December slide
Bitcoin dropped sharply on Monday amid a broad risk-off move that erased $140 billion from the crypto market. Ethereum and major altcoins tumbled sharply, while analysts noted heavy liquidations, weakening technicals, and macro uncertainty. Still, experts say the decline appears more like a leverage flush-out than a structural breakdown.
Rupee wavers as blockbuster economic growth wrangles with persistent outflows
The Indian Rupee began December on a quiet note. Strong GDP figures did not boost the currency. Importer demand for dollars and outflows from foreign investors pressured the Rupee. The Reserve Bank of India is expected to hold interest rates steady. State-run banks intervened as the Rupee neared an all-time low. Asian currencies showed mixed movements.
Markets hit fresh highs on strong GDP data, rate cut hopes
The Sensex opened at 86,065.92, a gain of 301.99 points or 0.35%; Nifty opened at 26,226.95, up 85.85 points or 0.33%
Meesho IPO: GMP hints at strong listing. Check price band, financials - Should you bid?
Meeshos Rs 5,421-crore IPO is drawing strong interest, with GMP indicating a possible 40% listing premium. Backed by improving fundamentals, rising user growth, and a defensible value-ecommerce position, analysts see medium-term potential despite near-term profitability risks. The IPO opens on December 3.
BOJ hints at December rate hike as Ueda signals policy shift
