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Silver hits record Rs 2.06 lakh/kg: whats driving the rally and what lies ahead
Silver prices hit record highs in India and globally, driven by rate-cut expectations, strong industrial demand, supply deficits and safe-haven flows, with the metal outperforming gold, topping crude oil prices and maintaining a bullish medium-term outlook amid broader macroeconomic shifts
Strong institutional demand drives the fourth-most subscribed IPO, PL Capital initiates coverage on the stock ahead of lisitng
AI spending boom faces funding and power reality check: Jim Walker
AI's ambitious spending faces a funding crunch, shifting from internal cash to debt, raising investor concerns. Experts highlight energy and skilled labour shortages as the real hurdles, not technology itself. This reality may redirect investment from US tech giants towards infrastructure, power sectors, and emerging markets like China and India, promising sustainable returns.
ACME Solar adds 8 MW to Gujarat wind project, takes capacity to 52 MW
The addition raises ACME Solars total operational capacity to 2,942 MW across its renewable energy portfolio
Aurionpro secures cash management platform deal with major Indian PSB
The iCashpro platform provides digital services across payments, collections, liquidity management, virtual accounts, reconciliation, government business and real-time reporting
Midcaps, smallcaps turn attractive on earnings revival; financials to lead next rally: Dinshaw Irani
Midcaps and smallcaps are turning attractive after a 14-month consolidation as earnings rebound and growth-adjusted valuations improve, according to Helios MF CEO Dinshaw Irani. He believes retail caution and not weak fundamentals, is holding smallcaps back, and further expects financialsespecially consumer-facing banksto lead the next market rally once margins stabilise.
11 Nifty microcap stocks beat the odds in 2025: 2 turned multibaggers. Do you own any?
Despite a challenging 2025 for Indias microcap segment, several stocks delivered stellar returns, with 18 rising over 50% and two becoming multibaggers. Lumax Auto Technologies, Gabriel India, and CarTrade Tech were among the top performers in the Nifty Microcap 250 Index.
Morgan Stanley expects Reliance Industries to see rating upgrades every quarter in 2026 as its energy, retail and telecom businesses turn free cash flow positive. The brokerage has reiterated an overweight rating with a Rs 1,847 target, citing a refining upcycle, retail recovery, telecom cash flows and a chemicals turnaround.
Indias InvIT and REIT distributions surged in Q2 FY2026, led by strong performance in REITs and road assets. Both public and private trusts reported robust quarter-on-quarter and year-on-year growth, supported by healthy operating metrics and new listings.
ICICI Prudential AMC gets first 'buy' call ahead of listing, PL sets Rs 3,000 target
ICICI Prudential AMC has received its first buy rating ahead of listing, with PL Capital setting a Rs 3,000 target, implying 39% upside from the IPO price. The brokerage cites strong parentage, market-leading equity flows, consistent fund performance and superior profitability as key drivers for long-term growth.
IOB shares down 5% as govt plans 3% stake sale
The governments move is part of its broader strategy to gradually reduce its stake in public sector banks while improving liquidity and widening public shareholding.
Oil jumps 1.5% as Trump's Venezuela blockade stokes uncertainty
Oil prices rose more than 1% on Wednesday after U.S. President Donald Trump ordered a total and complete blockade of all sanctioned oil tankers entering and leaving Venezuela, raising fresh geopolitical tensions at a time of concerns over demand.
Vietnam raises $514 mln in government bond auction, highest in 6 months
Vietnam's State Treasury raised 13.55 trillion dong ($514 million) in a weekly government bond auction on Wednesday, the highest volume in six months and up from $302 million raised last week.
ITC gets regulatory nod for century pulp & paper acquisition
The acquisition will expand ITCs presence in the paperboards and packaging segment, which is one of its key business verticals alongside FMCG, agri-business, and information technology
PSU Banks steal the show in 2025: Is the rally far from over?
PSU banks have emerged as the top performers in 2025, with the Nifty PSU Bank Index rising over 26%, far ahead of the broader market. Strong earnings, improved asset quality and attractive valuations have driven gains, though performance remains uneven across lenders. Analysts see momentum sustaining over the next few quarters.
Sensex, Nifty slip into red by midday on FII outflows, weak rupee
The BSE Sensex fell nearly 240 points while the NSE Nifty dropped below the 25,800 mark
Mint Explainer: Why the insurance bill 2025 marks the industry's biggest reform in decades
The bill seeks to amends three core lawsthe Insurance Act, 1938; the LIC Act, 1956; and the IRDAI Act, 1999to allow 100% foreign direct investment, strengthen regulation, introduce new intermediaries, and accelerate insurance penetration.
Indian steel exports to slow down on weakening global demand: Elara Capital
Europe stocked up on steel before new carbon tax starts
Rupee whipsaws after RBI steps in. What's in store for Dalal Street investors?
The Indian rupee saw a sharp intraday reversal after the RBI intervened aggressively to curb its fall, highlighting fragile market sentiment. Heavy dollar selling by the central bank pushed the rupee from near 91 to an intraday high of 89.75 per dollar before it settled around 90.28.
Castrol India, Akzo Nobel among top 10 smallcap stocks that are offering dividend yield of 5-8%
CAG flags underutilisation of Indias strategic oil reserves, import cover falls to 4.5 days
The audit flagged prolonged cavern vacancies, delayed commercialisation and failure to start Cabinet-approved crude trading, raising concerns over planning and financial viability.
India's real estate market is undergoing a digital transformation. Tokenized property ownership allows investors to buy small fractions, making real estate accessible to more people. Platforms like Alt DRX are simplifying investment processes, offering transparency and liquidity. This innovation is set to unlock significant growth, democratizing wealth creation through property for millions across the nation.
Park Medi World shares surge over 6% after listing at discount. Should you buy now?
After a muted listing below its issue price, Park Medi World shares rebounded strongly, crossing the IPO price as investor interest returned, with experts advising a medium-to-long-term holding approach.
PSU Bank IOB shares tumble 4% as OFS priced at 7% discount opens
Indian Overseas Bank shares fell 4% to Rs 35 on December 17 as its offer for sale (OFS) opened with a 7% discount. The government aims to divest up to 3% stake, with retail investors able to bid from December 18. The OFS floor price is Rs 34, valuing the offer at over Rs 1,964 crore.
Suzlon, Yanara sign 306 MW wind turbine deal in Rajasthan
The deal marks the second collaboration between the companies this year
Housing emerges as a strong performer as Indian real estate posts 15% returns
Indias residential real estate delivered a robust 15% total return over the past year, driven by infrastructure-led development and improved connectivity in major cities. Despite rising unsold inventory, end-user demand and peripheral market growth support stable, long-term gains, positioning housing as a strong-performing, inflation-beating asset class.
Insurance reforms set India on path to universal coverage by 2047: R Doraiswamy
India's Insurance Act Amendment Bill, 'Sabka Bima Sabki Raksha,' aims for a structural overhaul of the insurance sector, including amendments to the LIC Act. The bill's omission of open architecture for individual agents is seen as a relief for LIC, which relies heavily on its agent network.
Silver futures jump to hit record 2.05 lakh/kg; tops $66/ounce in global markets
On MCX, silver futures for March contract zoomed by 8,179, or 4.14%, to touch a lifetime high of 2,05,934 per kg
Stock-pickers market at play: Vedanta, Tata Power among 5 stocks that offer up to 22% upside
With markets under pressure in December, experts say it is a stock-pickers phase. ETMarkets highlights five brokerage-recommended stocks offering potential upside of up to 22%.
Japan's 10-year bond yield hits 18-year high on fiscal worries
Japan's 10-year government bond yield surged to an 18-year peak of 1.980% on Wednesday, fueled by concerns over the government's record-breaking draft budget for fiscal 2026, which is projected to exceed 120 trillion yen. This fiscal worry, coupled with expectations of Bank of Japan rate hikes, prompted investors to sell longer-dated bonds, pushing yields higher across the curve.
Nephrocare shines on market debut, Park Medi trims early losses
Healthcare IPOs see mixed listing as Nephrocare debuts at a premium while Park Medi pares early losses
This year, 344 IPOs later, half the market is underwater
A year after a record 1.5 lakh crore IPO wave, half of new listings are underwaterrevealing why listing-day pops mislead and disciplined selection matters more than ever.
Motilal Oswal initiates coverage on Astra Microwave, sees 24% upside. Here are 8 reasons why
Motilal Oswal has initiated coverage on Astra Microwave Products with a Buy rating and a target price of Rs 1,100, citing its transition to a full systems player, strong order visibility, expanding defence opportunities and improving margins.
Bitcoin holds near $87,000 despite ETF outflows over $350 million, signalling investor caution
Bitcoin hovered near the $87,000 mark despite ETF outflows exceeding $350 million, reflecting cautious but resilient investor sentiment. Analysts note steady accumulation by large holders, low exchange reserves and mixed macro cues, suggesting consolidation with upside potential toward $90,000 if momentum sustains.
Smallcap slump year throws up 15 multibaggers. Cupid tops chart with 440% rally
Despite a weak year for smallcaps, 15 stocks delivered multibagger returns in 2025. Cupid led the pack with a 440% surge, far outperforming peers such as Indo Thai Securities and Kothari Industrial Corporation. The gains stood out even as the BSE Smallcap index lagged midcaps and largecaps.
Rupee makes a smart recovery on RBI intervention
Move comes a day after RBI bolstered its ability to intervene in the market by absorbing $5 billion from market participants via a three-year USD/INR buy-sell swap
RBI returns with decisive hand to halt rupee's one-way slide
The intervention on Wednesday matched Reserve Bank of India's actions in October and November, when it stepped in aggressively on three occasions to disrupt persistent one-way moves in the rupee
HDB Financial shares down 10% from listing peak. Jefferies says buy with Rs 900 target price
HDB Financial Services shares have corrected about 10% from post-listing highs, but Jefferies sees the pullback as an attractive entry point, citing improving growth, stabilising asset quality and expectations of better returns over the medium term.
Shakti Pumps shares slip 5% on profit booking after 40% rally in four days
Shakti Pumps shares fell sharply on Wednesday as investors booked profits after a sharp 40% rally in just four sessions. The recent surge was driven by multiple order wins in December. On the technical front, the stocks 14-day Relative Strength Index (RSI) stands at 65.4. An RSI below 30 indicates oversold conditions, while readings above 70 suggest overbought levels.
Rupee sees high volatility against US dollar in early trade
Uncertainty over the India-US trade deal and persistent foreign fund outflows are key drivers
Defence may gain from Budget push; PSU banks, affordable housing finance in focus: Ambareesh Baliga
Defence stocks could gain if the Union Budget addresses execution and capacity bottlenecks, says market analyst Ambareesh Baliga. He prefers PSU banks over private lenders on improving balance sheets and possible consolidation, and sees affordable housing financeespecially Aavasas a key NBFC play. Trade deal delays are not a major market risk, he adds.
Indraprastha Gas shares rally 5% as Nomura upgrades to Buy. Check target price, upside potential
Indraprastha Gas Ltd (IGL) shares surged after Nomura upgraded the stock to 'Buy' from 'Neutral', citing attractive valuations and margin tailwinds from softer gas prices. The brokerage assigned a target price of Rs 230, implying a 26% upside, as falling US Henry Hub and stable domestic gas prices are expected to boost profitability.
How a legacy Tata bet helped Rekha Jhunjhunwala buck portfolio slump in 2025
Rekha Jhunjhunwala emerged as a rare outperformer in a tough 2025 for Indian equities, when many marquee investors were hit by the smallcap slump. Her portfolio of 25 listed stocks avoided major losses and ended the year slightly higher, with its value rising from about Rs 40,589 crore to Rs 41,379 crore, highlighting relative resilience in a challenging market cycle.
Banking, IT remain core bets despite near-term market pressure: Christy Mathai
Despite Nifty's pressure, earnings expectations offer optimism, especially for financials. However, foreign investors have more emerging market options, leading to selling. Fund managers remain constructive on select stocks, with a preference for largecaps and some midcaps, as opportunities emerge from market corrections.
Coal India among 10 largecap stocks that are paying dividend yield of up to 7%
Axis Directs latest report highlights the top 10 large-cap companies by dividend yield over the last 12 months.
Crude oil futures rise as Trump orders blockade of Venezuelan oil tankers
The oil market sell-off accelerated on Tuesday, ICE Brent settled 2.7 per cent lower, breaking below $60 a barrel to its lowest level since February 2021
Park Medi World shares list at 4% discount to IPO price on exchanges
Park Medi World debuted on the stock market, listing at a discount of up to 4% despite strong IPO demand. The IPO saw an overall subscription of 8.52 times, with non-institutional investors leading the charge. The NII portion was subscribed nearly 16 times. The hospital chains shares opened below grey market expectations, reflecting cautious investor sentiment amid premium valuations, leverage concerns, and broader market conditions influencing debut-day performance.
Nephrocare Health shares list at 7% premium over IPO price
Nephrocare Health Services debuted on stock exchanges with a 7% premium, opening at Rs 491.70 on BSE and Rs 490 on NSE. The company's Rs 871.39 crore IPO saw robust demand, with QIBs and NIIs leading subscriptions. Nephrocare, India's largest dialysis provider, aims to use IPO proceeds for debt reduction and expansion.
India's RBI returns with decisive hand to halt rupee's one-way slide
The Indian rupee experienced a significant rebound on Wednesday, climbing 0.7% after hitting record lows for four straight days. This surge followed aggressive intervention by the Reserve Bank of India, with state-run banks reportedly selling dollars. The currency's earlier decline was attributed to portfolio outflows and ongoing trade tensions with the United States.
Why fractional ownership of shares is gaining traction among HNIs in global markets
Fractional ownership of shares is emerging as a powerful portfolio tool for HNIs seeking precision, capital efficiency, and global diversification. Popular in US markets, fractional investing allows exposure to high-priced global stocks with exact allocations, enabling better rebalancing, liquidity management, and tactical strategies amid evolving cross-border investment opportunities.
Balancing Growth and Safety: Building resilient portfolios amid global market swings
Amid heightened global and domestic volatility, Indian equities retain long-term appeal, but HNIs are increasingly prioritising diversification, disciplined asset allocation and quality-focused strategies to manage near-term risks and build resilient portfolios.
Silver scales new peak at Rs 2.05 lakh/kg; gold just Rs 367 shy of peak. What's behind the rise?
Gold and silver futures surged on the MCX, with silver hitting a fresh lifetime high and gold nearing record levels, as rupee weakness and global cues supported prices amid heightened volatility ahead of key central bank meetings.
US jobs rebound masks softening trend, Fed seen holding steady in January
US job growth rebounded in November, but a higher unemployment rate and data distortions reinforced signs of a cooling labour market, supporting expectations that the Federal Reserve will hold rates steady in the near term while keeping the door open for rate cuts later in 2026.
Meesho shares surge 9% as UBS initiates coverage with Buy rating. Check target price
Meesho's shares surged nearly 9.4% to an intraday high of Rs 187 after UBS initiated coverage with a Buy rating, citing strong growth potential. The stock is now up 76% from its IPO price, boosting co-founder Vidit Aatrey into the billionaire club. UBS predicts robust Net Merchandise Value growth driven by user expansion and increased ordering frequency.
Axis Bank among 7 F&O stocks showing a sharp rise in futures open interest
Seven stocks in the NSE F&O segment witnessed a sharp rise in futures open interest as of December 16, signalling increased derivatives activity. Axis Bank, Jubilant FoodWorks, Mankind Pharma, HDFC AMC, Bharat Dynamics, Piramal Pharma and PB Fintech recorded notable OI gains, reflecting fresh positions and expanding trader participation.
Sensex, Nifty flat at open after 2-day slide amid mixed global cues
Indian stock markets opened flat on Wednesday. The Sensex and Nifty showed little movement after recent declines. Investors are carefully watching global markets. US jobs data provided mixed signals. This data did not significantly alter interest rate expectations. Trading is currently steady with minor gains and losses.
IndiGo mass flight cancellations dent ATF sales by 4.1 pc in Dec
IndiGo cancelled almost 5,000 flights - over 1,600 out of about 2,300 daily flights at the peak
RailTel shares jump 2% on reports of talks with Elon Musks Starlink for broadband partnership
RailTel shares: The PSU is reportedly in talks with Elon Musk-owned Starlink for a potential partnership in India. The discussions are linked to Starlinks planned India launch, with RailTel exploring the use of satellite internet to offer retail broadband, particularly for last-mile and rural connectivity.
In charts: Why India's foreign tourist numbers are set to disappoint in 2025
India witnessed 6.18 million foreign tourist arrivals in January-September 2025, down from 70.6 million in the same period last year. The year does not look good for Indias tourism industry.
India's trade impasse with Trump keeps rupee in the cold
India's rupee is experiencing a sharp decline against the dollar. This is driven by U.S. tariffs and investors withdrawing funds. Experts suggest the rupee may weaken further until a trade agreement is finalized. This situation presents challenges for global investors. However, some analysts see potential for Indian assets to rebound in 2026.
KSH International IPO Day 2: Check GMP, subscription status, brokerage view and key highlights
The Rs 710 crore KSH International IPO entered Day 2 with marginally improved sentiment as GMP rose to about 1.6%. Day 1 subscription stood at 15%, led by retail investors, while QIB interest remained absent. Analysts see limited listing gains but highlight long-term prospects.
Akzo Nobel shares nosedive 15% as Imperial Chemical likely offloads 48.8 lakh shares via block deal
Akzo Nobel India shares plunged 15% to Rs 3,080 on Wednesday following reports of Imperial Chemical Industries selling a 9% stake via a block deal at a discounted price. This occurred despite the company reporting a significant 2119.8% rise in Q2FY2025-26 net profit, though revenue and EBIT saw slight declines.
Mega IPOs smash the villain tag in 2025, delivering nearly 3x returns of smaller listings
Indias IPO market in 2025 is defying conventional wisdom, with large IPOs significantly outperforming smaller issues. Offerings above Rs 5,000 crore have delivered average listing gains of 22%, nearly three times the 7.5% returns from IPOs below Rs 1,000 crore and well above the broader market average.
As the government prepares to table a sweeping insurance reform Bill in Parliament, HDFC Securities flags SBI Life, ICICI Lombard, Niva Bupa and Policybazaar as key beneficiaries, saying the proposed changes could improve ease of doing business and expand reinsurance capacity without materially intensifying competition.
Vedanta, LT Foods and 2 other stocks flash bullish signals, indicating possible uptrend
Four stocks with market capitalisation above Rs 1,000 crore appeared in the White Marubozu bullish scan on December 16, signalling strong buying interest. The candlestick pattern reflects firm buyer dominance throughout the session, indicating a possible continuation of the upward trend as momentum and sentiment strengthen.
Caplin Point bets big on US, complex injectables to drive next growth phase: COO
Caplin Point is building a strong growth runway with over 40 US approvals, a 60-plus product pipeline and aggressive capacity expansion, says COO Vivek Partheeban. While growth may moderate in the near term, the US business, larger Latin American markets and complex products could drive a sharper pickup from FY28 onwards.
Silver tops $65 for first time; gold firms as US unemployment rate climbs
Silver surged to a record high above $65 an ounce on Wednesday, driven by weaker U.S. labor data that fueled expectations of interest rate cuts. Gold also climbed, with both precious metals benefiting from a weaker dollar and a shift towards non-yielding assets in a low-rate environment. Investors now await key U.S. inflation data.
Crypto exchange HashKey debuts in Hong Kong amid market volatility
HashKey Holdings saw its shares climb on its Hong Kong market debut, raising $206 million in an IPO. Despite recent cryptocurrency volatility, the company's chairman expressed optimism for digital assets, citing growing regulatory frameworks. Hong Kong's embrace of digital assets contrasts with mainland China's stricter stance, benefiting HashKey's expansion plans.
Ola Electric Mobility shares are in focus after promoter Bhavish Aggarwal sold over 2.6 crore shares in a bulk deal worth about Rs 92 crore. The stock remains under pressure, trading sharply below its IPO price amid weak performance, market share erosion and continued quarterly losses.
Japans Mizuho to buy over 60% stake in Avendus Capital
Avendus says private equity firm KKR will sell its stake to Mizuho while Avendus Co-founder and Executive Vice Chairman, Ranu Vohra, will also be divesting his shareholding
Bharti Airtel, Bajaj Auto and 3 other stocks showing bullish RSI upswing
Five Nifty200 stocks showed improving momentum on 16 December as their RSI readings crossed above the 50 mark. This shift signals strengthening price action and early accumulation. Rising RSI levels often indicate a developing bullish bias, offering traders early insight into potential upside as sentiment and trend strength improve.
Bumper IT buyback helps India ETF pull off rare index beat
Aditya Birla Sun Life Nifty 50 ETF has outperformed its benchmark by nearly 12% this financial year, a feat achieved by strategically tendering shares into a buyback at a premium. This passive-plus approach, also benefiting its Nifty IT ETF, aims to offset fees and generate incremental alpha for investors.
Protean eGov Technologies is set to gain investor attention after announcing its acquisition of a 4.95% stake in NSDL Payments Bank. This strategic move aims to bolster Protean's digital financial infrastructure, fostering partnerships and developing scalable solutions for underserved segments. The collaboration leverages NSDL Payments Bank's digital-first platform to expand Protean's reach in citizen-centric financial services.
Vedanta shares in focus as NCLT approves demerger into independent listed companies
Vedanta's demerger plan has received formal approval from the NCLT. This will create five separate listed companies. Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel will become independent. The residual Vedanta Limited will house Hindustan Zinc. This move aims for sharper focus and independent capital access for each business.
Sensex, Nifty may open flat-to-weak amid rupee slide and global caution
Analysts say persistent currency weakness and delayed IndiaUS trade talks pose near-term headwinds, though steady domestic inflows continue to provide a buffer.
Bajaj Auto Share Price Live Updates: Bajaj Auto's three-month performance shows a dip
Adani Ent Share Price Live Updates: Adani Enterprises sees negative returns over three months
Tata Steel Share Price Live Updates: Tata Steel's recent returns reflect market challenges
Bajaj Finserv Share Price Live Updates: Bajaj Finserv's recent returns reflect market challenges
Jio Financial Services Share Price Live Updates: Jio Financial Services Sees Minor Decline
IndusInd Bank Share Price Live Updates: IndusInd Bank showcases strong quarterly returns
Grasim Inds Share Price Live Updates: Grasim Industries experiences a dip in returns
TCS Share Price Live Updates: TCS's quarterly performance reflects a 1.89% return
Axis Bank Share Price Live Updates: Axis Bank's 3-Month Return Analysis
We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
Tech Mahindra Share Price Live Updates: Tech Mahindra's Recent 3-Month Returns
L&T Share Price Live Updates: L&T's three-month performance shines
Bajaj Finance Share Price Live Updates: Bajaj Finance reports negative returns in the last quarter
