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Indian stocks extended their decline for a fourth consecutive session on Wednesday as investors booked profits near record highs. Sentiment remained cautious ahead of the Reserve Bank of India's policy decision, while ongoing foreign outflows pressured the rupee to a new all-time low.
Manipal Hospitals said to file $1 billion IPO in January
The company is targeting a valuation of as much as $13 billion, the people said, asking not to be identified because the information is private
Migsun Group to invest Rs 250 cr to build commercial project on Yamuna Expressway corridor
Realty firm Migsun Group will invest Rs 250 crore to develop a commercial project in Yamuna Expressway region.
Meesho IPO: Strong anchor book signals global confidence; CEO says free cash flow to stay in focus
Meeshos top leadership outlines strong anchor investor interest, growth plans, and the roadmap to profitability ahead of its IPO. CEO Vidit Aatrey and CFO Dhiresh Bansal discuss user growth, monetisation levers, logistics efficiency, ad revenue expansion, and future acquisitions aimed at deepening India-wide e-commerce penetration. The company emphasises free cash flow, capital-light operations, and long-term value creation.
PSU bank stocks plunge up to 7% after govt denies FDI limit hike. Indian Bank, PNB fall most
PSU bank stocks fell sharply on Wednesday after the government denied any move to hike FDI limits in public sector banks. The Nifty PSU Bank index fell over 3%, with Indian Bank and PNB declining the most as rupee weakness, profit-taking, and reduced rate-cut expectations intensified selling pressure across the sector.
Aequs IPO Day 1: Issue subscribed over 2 times, strong GMP buzz. Should you consider applying?
Aequs Rs 921.81 crore IPO saw strong Day 1 traction, getting subscribed over 2 times, led by a sevenfold retail response. With a GMP indicating a 37% premium and analysts citing strong integration in aerospace manufacturing, early sentiment remains upbeat ahead of allotment on December 8 and listing on December 10.
NephroPlus set to launch IPO open on Dec 10; eyes 353-cr via fresh issue
The IPO is a combination of a fresh issue of shares aggregating up to 353.4 crore and an Offer For Sale (OFS) of 1.12 crore shares by the selling shareholders
Not losing sleep over falling rupee, says CEA after currency breaches 90-level
The falling rupee is not affecting inflation or exports, he said on the sidelines of CII event here
Capri Global targets 50,000-crore AUM as gold loans, affordable housing drive next phase of growth
Capri Global expects sustained 30% growth driven by gold loans, affordable housing demand and co-lending partnerships, says MD Rajesh Sharma. With branch expansion, improving MSME asset quality, and falling cost of funds due to rating upgrades and lower MCLR resets, the NBFC targets a 50,000 crore AUM and stronger profitability over the next two years.
NRIs can cut tax on mutual fund gains using DTAA heres how
Recent tribunal rulings say NRIs in select treaty countries can pay capital gains tax only where they live making Indian mutual fund redemptions potentially tax-free if documents are in place.
Vidya Wires IPO books 1.78x on day 1
The retail investor segment led the subscription with 2.47 times oversubscription, followed by non-institutional investors at 1.89 times; QIBs remained cautious, bidding for only 0.47 times
These 9 midcap stocks soar up to 125% in 2025 so far; 2 turn multibaggers. Do you own any?
Nine BSE midcap stocks have rallied up to 125% in 2025, with two turning multibaggers even as the broader midcap index lagged.
Commodity Radar: Rupees record lows raise copper appeal on MCX. Time to buy red metals on dips
Copper hovered near record highs on MCX as the rupees fall past 90 boosted domestic prices. Despite profit-booking in global markets, supply concernsfrom Chinese smelter cuts to higher Codelco premiumskept sentiment firm. Analysts say the trend remains bullish, with buying on dips preferred as long as key support zones hold.
Meesho protest: Why Samir Arora and Sandip Sabharwal are unhappy with how IPO anchors are chosen
Several global and domestic funds withdrew from Meesho's anchor book, citing dissatisfaction with share allocation, particularly SBI Mutual Fund's large portion. Market commentators Samir Arora and Sandip Sabharwal have raised concerns, suggesting reforms to the IPO anchor system to ensure fairness and transparency in the allotment process.
Japan bond yields hit multi-year highs on BOJ, stimulus concerns
Japanese bonds slid further on Wednesday, sending yields to multi-year peaks, as prospects of central bank tightening and big government spending plans weighed on investor sentiment.
Muted crude, surging cement: Gautam Duggad on whats really driving India Incs Q2 profit boom
Motilal Oswals Gautam Duggad says Q2 earnings mark a turning point as upgrades return after five quarters of downgrades. He warns oil & gas profits are cyclical and driven by OMCs, while cement offers better predictability. India lacks direct AI equity plays for now, though related infrastructure themes may benefit investors.
Indian Gas Exchange board decides to go public for raising funds
According to a regulatory filing, the Board of Directors of IGX Ltd has approved to start the process of Initial Public Offering (IPO) of the equity shares of face value of 10 each
IT stocks rallied on Wednesday as the rupees steep fall past Rs 90 per dollar sparked strong buying in export-driven technology names. The currencys drop to a record-low 90.13 boosted sentiment for dollar-revenue earners, pushing the Nifty IT index up 1%. Wipro led with a 2% jump, followed by gains in TCS, Infosys, Mphasis, Tech Mahindra and other IT majors.
Stuck on Christmas gifts? Warren Buffetts favourite tradition might be your new festive hack
Warren Buffetts former daughter-in-law, Mary Buffett in an old interview mentioned that the Berkshire Hathaway Chairman used to give all family members $10,000 as Christmas gifts.
7 reasons your credit card gets rejected even with a good credit score
For credit card application approval or rejection, in addition to the credit score, a banks eligibility checks typically include the city of residence, employment status, minimum income, age, and residential status, among other factors.
Profit pools are shifting; Motilal Oswals Gautam Duggad maps where the next winners will emerge
Indian equities are poised for growth after 15 months of stagnation, according to Motilal Oswal's Gautam Duggad. Improving earnings, stabilising valuations, and policy support are creating a strong foundation. The market has seen a shift from staples to discretionary consumption and new-age tech, with investors advised to stay invested and maintain disciplined asset allocation.
Aequs Ltd IPO fully subscribed on opening day, retail quota booked 6.64 times
IPO comprises a fresh issue of 670 crore and an offer for sale of 251.8 crore by existing shareholders
India's bond markets after RBIs Dec 5 repo rate decision: Five likely scenarios
Traders expect to see sharp moves in the markets as they react to RBIs monetary policy decision
The rupees breach of 90 per dollar has amplified concerns over sustained foreign selling in Indian equities, with Uday Kotak warning that while overseas investors appear smarter for now, the long game remains uncertain. Heavy outflows, hedging demand, and weakening FDI have pushed the currency to its most fragile point in years.
Equity markets dip as rupee weakness weighs on sentiment
Rupees depreciation toward the 90.10 level against the US dollar and persistent foreign fund outflows weigh on markets
Meesho IPO Day 1 sees strong demand: Retail portion fully booked, GMP at 44%
Meeshos Rs 5,421-crore IPO saw a strong start, with retail investors fully subscribing within the first hour while overall subscription reached 42% by 11:20 AM. The GMP of Rs 49 signals an expected listing near Rs 160. Analysts highlight Meeshos rapid user growth, deep Tier-2/3 penetration, improving unit economics, and positive free cash flow, though profitability challenges persist.
Mint Explainer | Is Sanchar Saathi India's anti-fraud shield or a surveillance overreach?
The Centre's order to pre-install the Sanchar Saathi cybersecurity app on mobile devices triggered pushback from various quarters, bringing to the fore a key question: Can this application meaningfully crack down on digital scams in India?
Meesho IPO subscribed 56% so far on Day 1 led by retail demand
Two other mainboard IPOs, which opened today, Aequs and Vidya Wires, were fully subscribed by mid-day
Hotels enter multi-year growth cycle; Indian Hotels, Lemon Tree top picks: Sandip Sabharwal
Market strategist Sandip Sabharwal sees selective consumption opportunities despite uneven market participation, favoring steady FMCG names like Dabur and Godrej Consumer, alongside niche plays like Wonderla Holidays. He believes inflation data supports an RBI rate cut, though external commentary on the rupee may lead to caution.
Rupee from 10 to 90: Tracing the four-decade slide to its most fragile moment
The rupees slide past 90 marks the latest phase in a four-decade depreciation driven by weak flows, record trade deficits, and persistent importer demand. With FPIs selling aggressively, FDI turning negative, and hedging pressures rising, the RBI is easing volatility even as structural vulnerabilities keep the currency under strain.
Foreign outflows and IPO frenzy draining market breadth, says Sandip Sabharwal
Despite Nifty's record highs, market sentiment has cooled due to weak broader participation. Expert Sandip Sabharwal highlights relentless foreign selling and a massive IPO pipeline absorbing domestic liquidity as key drivers. While foreign investors are exiting the secondary market, they are investing in IPOs.
New rental laws: Security deposit limit, entry rules and key changes explained
Two months rent as security deposit, the landlord must give 24 hours' prior notice to inspect the property and cannot enter before sunrise or after sunset
Vietnam raises $298 mln in govt bond auction
Vietnam's State Treasury successfully raised 7.85 trillion dong in a recent government bond auction, a significant increase from the previous week. This auction boosted total government bond sales for 2025 to 300.7 trillion dong, meeting 60% of the year's target. While 10-year bonds saw strong demand, other maturities remained unsold. Corporate bond issuances also remain robust.
JGB yields rise on concerns over further rate hikes after December meeting
Japanese government bond yields climbed as investors anticipate further interest rate hikes from the Bank of Japan beyond the expected December increase. Concerns are mounting over the BOJ's future policy path, with the two-year yield reaching 1.015%. Governor Ueda's hints of rate hikes have already triggered significant JGB sell-offs, impacting stocks and strengthening the yen.
Aequs: An underdog IPO at the heart of India's $3 billion aerospace tailwind
Aequs, a niche aerospace manufacturer, is attracting attention with its Rs 922 crore IPO amid strong growth in Indias aircraft component sector and shifting global supply chains. Analysts highlight its advantage from timing, positioning, and long-standing relationships, while its Karnataka SEZ campus offers a rare fully integrated ecosystem covering machining, forging, surface treatment, and assembly.
Silver jumps to all-time high of Rs 1.84 lakh/kg amid rupee slide
Silver prices surged to a record Rs 1,84,727 per kilogram on Wednesday. Gold futures also advanced to Rs 1,30,766 per 10 grams. A steep fall in the rupee to an all-time low against the US dollar further pushed up bullion prices. Global trends of expected US Federal Reserve interest rate cuts supported the rise.
AI boom, tariffs and a softening labour market shape a cautious 2026 outlook
Wall Street remains largely bullish for 2026, but optimism is tempered by an unusual economic scenario unseen in over 60 years. Despite the AI investment boom driving capital spending, it hasnt boosted job creation, creating an unprecedented mix of strong market activity alongside a stalling U.S. labor market, according to JPMorgan economists.
BofA joins growing chorus expecting Fed rate cut in December
Bank of America has joined major brokerages, including Goldman Sachs and J.P. Morgan, in forecasting a 25-bps Fed rate cut at the December meeting, as softer labour data and dovish FOMC commentary boost expectations. Markets now price an 87% probability of easing, though a few institutions still expect no change.
Inox Wind among top 9 small and midcap picks from Axis Securities with upside potential of up to 43%
Inox Wind Ltd. A small mid-cap pick by Axis Securities combines a turnaround-driven recovery, improving finances and order book strength, making it a compelling call with potential upside of 43%.
Pharma firm Corona Remedies IPO to open on Dec 8; sets price band at Rs 1,008-1,062/ share
Pharma firm Corona Remedies, backed by ChrysCapital, has set its IPO price band at Rs 1,008-1,062, valuing the company at nearly Rs 6,500 crore. The Rs 655.37 crore public offering, an Offer For Sale, opens December 8 and closes December 10. The company, a leader in women's healthcare and cardio-diabeto segments, aims to debut on December 15.
Why your multi-asset fund is like a multivitamin with too little magnesium
Investors often assume that adding a multi-asset fund equals instant diversification. But unless the allocation is meaningful, the exposure to each asset may be too small to make any real difference.
Indian bonds slip; central bank not major buyer, state banks lead
Indian government bonds saw a dip Wednesday, reversing some of Tuesday's gains. Market speculation of Reserve Bank of India buying was countered by data showing limited purchases by the Others category.
Bitcoin rebounds from $84K low, jumps 7% to near $92K as crypto market cap hits $3.13 trillion
Bitcoin rebounded sharply from an $84,000 low to trade above $92,000 as the global crypto market cap climbed to $3.13 trillion. A surge in ETF volumes, renewed liquidity, and improved sentiment lifted major altcoins, signalling strengthening momentum despite lingering market fears.
The 26-minute, 51% wipeout that deepened the Trumps crypto woes
American Bitcoin Corp. shares plunged over 50% in minutes, highlighting the collapse of Trump-linked crypto ventures. While Bitcoin and broader crypto markets fell around 25% in recent months, Trump-associated tokens and projects, including memecoins, Alt5 Sigma, and World Liberty Financial, suffered far steeper losses. The setbacks underscore the volatility of crypto markets and the waning influence of presidential promotion on investor confidence.
Sun Pharma Advanced Research jumps 11%, extends 2-day rally as US court clears Sezaby PRV
Sun Pharma Advanced Research Company surged for a second straight session after a U.S. court ruled in its favour on the Sezaby Priority Review Voucher. The stock jumped over 11%, extending Tuesdays 20% rally, even as analysts caution about overbought technicals and continued quarterly losses.
Selectivity key as banks, infra, and manufacturing face mixed signals: Mayuresh Joshi
Market expert Mayuresh Joshi advocates for selective investments in banking, infrastructure, and paint sectors. He favors ICICI Bank, SBI, and Bank of Maharashtra, while seeing potential in cement players as proxies for infrastructure growth. Joshi also recommends holding Asian Paints due to strong fundamentals and market expansion opportunities.
Apis India 24:1 bonus shares: Company sets record date on Friday
Apis India announces a 24:1 bonus issue on 5th December as the stock hits its 5% upper circuit amid strong 12-month and five-year returns. The company reported a 5.5% YoY rise in quarterly net profit.
Narendra Solanki prefers Aptus over Bajaj Housing, betting on PSBs, not private banks; here's why
Market outlook turns favourable for PSBs, with analysts seeing stronger upside than private banks ahead of the RBI policy. Anand Rathis Narendra Solanki prefers Aptus Value Housing in housing finance, Union Bank and Indian Bank among PSBs, and Vishal Mega Mart over Trent in retail. Heres the full breakdown of his sector strategy and stock preferences.
Crude oil flat after industry data show increase in US inventories
At 9.56 am on Wednesday, February Brent oil futures were at $62.49, up 0.06% and January crude oil futures on WTI were at $58.68, up 0.07%
Markets slip on Rupee woes and FII outflows; Rate cut hopes keep bulls on edge
The Indian rupee extended its losing streak for a fifth consecutive session on Tuesday, hitting a historic low of 89.95 against the US dollar before closing at 89.88, down 32 paise
AU Small Finance Bank leads the Nifty Bank with 64% returns, boosted by RBI's in-principle nod for universal bank status. Analysts see it as a tech play and long-term bet, with mutual funds increasing their stake. The stock shows a bullish trend, with potential for further upside.
In Delhi, 24-karat gold held steady at 1,30,770 per 10 grams, while 22-karat gold remained flat at 1,19,890 per 10 grams. Retail 24K gold was 13,099.06 per gram, and silver was quoted at 180.62 per gram.
Brokerages turn bullish on metals as non-ferrous leads Q2 beat
Aluminium, zinc power the sector gains, while steel faces price drag
Rupee dips below psychologically crucial 90 per US dollar mark
Persistent FPI outflows, US trade deal stalemate keep rupee under pressure
KPI Green Energy shares in focus after winning 142 MW floating solar EPC contract from GSECL
KPI Green Energy shares: KPI Green Energy has secured a major EPC contract from GSECL to develop a 142 MW floating solar project at the Kadana Dam in Gujarat, strengthening the companys position in large-scale renewable infrastructure.
Silver hits record high on supply tightness, Fed rate-cut hopes
Silver rises as much as 0.8% to trade at $58.9471 an ounce, above a previous peak of $58.84 set two days earlier
Meesho, Aequs or Vidya Wires? Analysts' top IPO pick is not the one with highest GMP
Analysts favor Aequs as the top IPO pick for long-term investors, citing its balance of growth, clarity, and valuation. While Meesho leads in unofficial market buzz with a higher GMP, Aequs offers tangible visibility to profitability within 12-24 months, making it a pragmatic choice for steady investors.
Sensex falls over 250 pts, Nifty below 25,950 as D-Street loses momentum near record peaks
Indian equities opened lower on Wednesday, extending a three-session slide as investors adopted a cautious stance near record highs. Both the Sensex and Nifty edged down, with market sentiment guarded ahead of the Reserve Bank of India's interest-rate decision and policy cues due Friday.
Sun Pharma shares in focus after board approves Rs 3,000 crore investment
Sun Pharma's subsidiary will invest Rs 3,000 crore in a new manufacturing facility in Madhya Pradesh. The company also launched its innovative drug Ilumya in India. Despite a premium valuation, technical indicators suggest a generally bullish trend for the stock.
Meesho IPO Day 1 live updates: Meesho IPO, Check GMP, issue details & subscription status
Rupee falls below 90 per US dollar mark on persistent outflows, trade deal worries
Rupee weakens to a low of 90.13 per US dollar, eclipsing its previous all-time low of 89.9475 hit on Tuesday
Rupee falls to 90/USD on persistent outflows, trade deal limbo
The Indian rupee has fallen below the significant 90 mark against the U.S. dollar. This marks a continuation of its recent struggles. Weak trade and investment flows are contributing factors. Concerns about a stalled trade deal with Washington are also weighing on the currency. The rupee reached a new all-time low on Wednesday.
Aequs Ltd IPO GMP Live Updates: Subscription opens today; track GMP, lot size and other key details
IndiGo shares in focus as InterGlobe Aviation faces Rs 117 crore tax penalty
InterGlobe Aviation, the parent of IndiGo, disclosed receiving a Rs 117.52-crore penalty order from the CGST authorities for alleged wrongful input tax credit claims for FY19 and FY22. The company maintains the order is erroneous and plans to contest it, asserting no material impact on its financials. IndiGo shares fell 1.6% as investors awaited clarity on the dispute.
Bank Holiday Today, 3 December: Banks in Goa will remain shut on 3 December to observe the feast of St. Francis Xavier, which is the death anniversary of the saint.
Yes Bank among 4 midcap stocks showing bullish RSI upswing
4 stocks were highlighted in the RSI Trending Up scan, based on data from StockEdge.
Sensex, Nifty set to reverse 3-day declining trend
Foreign investor outflows worth 3,642 crore on Tuesday, pressured the rupee, which weakened to a record low of 90 per US dollar
Emmvee Photovoltaic and four other stocks flash bullish signals
A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest for the period and the closing price is the highest.
Canara Bank shares in focus after Rs 3,500-crore Basel III additional tier-1 bond issue
Canara Bank successfully raised Rs 3,500 crore through a new issuance of Basel III-compliant Additional Tier I bonds. The perpetual, unsecured bonds offer a 7.55% annual coupon and were fully subscribed, reflecting strong investor demand. This capital infusion is set to bolster the bank's core capital, enhancing its financial resilience and potentially influencing investor sentiment.
Adani Ent Share Price Live Updates: Adani Enterprises faces a dip in 3-month performance
Oil prices fall on weak demand as markets await Ukraine peace effort for supply signs
Oil prices dipped for a second day as peace talks between Russia and the US stalled, raising doubts about sanctions relief and increased supply. Geopolitical tensions persist with Ukrainian drone attacks on Russian oil infrastructure, while rising US inventories further fuel concerns of a global crude surplus. Market watchers eye upcoming official data for more clarity.
LTIMindtree Share Price Live Updates: LTIMindtree's growth trajectory continues
UltraTech Cem Share Price Live Updates: UltraTech Cement's recent performance indicates a decline
Tata Motors PV Share Price Live Updates: Tata Motors PV struggles with negative returns
Bajaj Auto Share Price Live Updates: Bajaj Auto's Recent Returns
HDFC Bank Share Price Live Updates: HDFC Bank's Recent Market Performance
Hero MotoCorp Share Price Live Updates: Hero MotoCorp showcases robust growth with 18.04% return
TCS Share Price Live Updates: TCS posts a 0.78% return in the last quarter
Tech Mahindra Share Price Live Updates: Tech Mahindra's 3-Month Return Analysis
UPL Share Price Live Updates: UPL's 3-month return showcases financial strength
Eicher Motors Share Price Live Updates: Eicher Motors shows impressive returns
Asian Paints Share Price Live Updates: Asian Paints delivers strong returns
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ continues to impress investors
HDFC Life Share Price Live Updates: HDFC Life's three-month returns show a negative trend
Power Grid Share Price Live Updates: Power Grid experiences a decline in returns
Infosys Share Price Live Updates: Infosys shows resilience with 4.16% return in three months
Britannia Share Price Live Updates: Britannia's Stock Performance Overview
