Markets News
Ahmedabad-based fruit & veggie supplier, Stanbik Agro, float IPO to fund expansion
The issue will fund expansion of the companys farmtomarket retail network and support its working capital needs as it scales up operations since its incorporation in 2021
Dalal Street Week Ahead: Nifty seen consolidating further before next directional move
The Nifty experienced a mild corrective movement, trading in a downward-biased consolidation phase and ending the week with a slight loss. Despite a supportive Fed stance, the index faced resistance near recent highs, indicating a technical pause within an uptrend. Traders are advised to remain cautious, protect profits, and await a breakout above 26,20026,300 for confirmation.
One in two IPOs trading below issue price as high valuations remain a concern
Of the 97 companies that tapped the market between January 1 and December 11, about 47 are trading below their issue price
FPIs pull out 12,941 crore from markets in week ending December 12
Rupee weakness further dampened foreign investor sentiment as currency losses eroded dollar-based returns
SpaceX sets $800 billion valuation, confirms 2026 IPO plans
The per-share price of $421 in its latest secondary offering, laid out by Chief Financial Officer Bret Johnsen in the memo to shareholders, is nearly double the $212 a share set in July at a $400 billion valuation
Shivganga Drillers files papers with Sebi for Rs 400-cr IPO
Shivganga Drillers is planning to raise Rs 400 crore through an initial public offering. The company will use the funds for machinery, debt repayment, and general business needs. This integrated oilfield services provider offers drilling, offshore, and project management services. The IPO is a fresh issue of shares. Aryaman Financial Services is managing the offering.
Shiprocket files updated IPO papers with SEBI; eyes 2,342 crore via public issue
The IPO is a combination of a fresh issue of equity shares aggregating up to 1,100 crore along with an offer for sale of 1,242.3 crore by the selling shareholders, according to the updated draft red herring prospectus
Shivganga Drillers files papers with SEBI for 400-cr IPO
The company may raise 80 crore through a pre-IPO placement, which, if undertaken, would accordingly adjust the fresh issue size
ICICI Direct names Bajaj Finserv, IOL among 7 top picks as it sees Nifty at 30,000 in 2026
Against this backdrop, ICICI Direct has identified seven stocks as its top picks for the year, citing favourable technical and structural characteristics.
Where valuations still make sense: ICICI Pru's Vaibhav Dusad on IT, banks and select contrarian bets
ICICI Prudential AMC sees opportunities in technology and large private banks. Financials are adapting to rate cycle changes. The fund manager discusses how concentrated portfolios generate alpha. Innovation is explored through various themes. The outlook for banking and financial services is constructive. Certain market segments offer valuation comfort, with contrarian plays emerging for the new year.
Robert Kiyosaki, author of 'Rich Dad Poor Dad', criticized the global financial system as a 'Heads I win, tails you lose' game controlled by bankers. He advocates for owning tangible assets like gold, silver, Bitcoin, and Ethereum, and legally avoiding taxes to escape this perceived rigged system.
Eternal and Temasek-backed Shiprocket files updated DRHP for Rs 2,342 crore IPO
E-commerce enabler Shiprocket is gearing up for an IPO, aiming to raise up to Rs 2,342 crore. The company, backed by investors like Temasek, plans to use the funds for platform growth, technology, and potential acquisitions. Shiprocket's platform assists Indian MSMEs and digital retailers with logistics, payments, and sales, operating an asset-light model.
Bitcoin and major cryptocurrencies experienced a significant slump, dropping over 2% in 24 hours and extending monthly declines to over 10%. This downturn is linked to a broader sell-off in tech stocks amid weak US earnings and anticipation of a Bank of Japan rate hike. Despite short-term volatility, underlying institutional interest and network development offer long-term optimism.
IPO Calendar next week: 4 new issues, ICICI Prudential AMC among 15 listings on investors radar
India's primary market is buzzing with activity as four new public issues, totaling Rs 830 crore, are set to launch, led by KSH International's Rs 710 crore mainboard offering. Investors are also anticipating a flurry of 15 company listings, including ICICI Prudential AMC and Corona Remedies, signaling strong market interest.
Jefferies names Axis Bank, M&M, among 10 stocks as its top bets. How many do you own?
The target is based on a 20x PE multiple on estimated Dec-27 earnings, which implies a modest 5% de-rating from current levels.
Concurrent Gainers: 8 smallcap stocks that gain for 5 days in a row
The benchmark finished in the red in three of the five sessions between December 8 and 12. Despite broader market weakness and some volatility, eight small-cap stocks managed to post gains across all five sessions.
Up to 5,500% return! BSE, Adani Enterprises among India's top 10 fastest wealth multibaggers
The study tracks total shareholder returns, profit growth and market capitalisation expansion to identify the fastest wealth creators over five years.
Hotels set for a strong 2HFY26: Indian Hotels, Lemon Tree strong buys
India's hotel sector is experiencing sustained acceleration, driven by a broad recovery across business, leisure, weddings, and MICE segments. Strong room rates and stable occupancies in the first half of FY26 are expected to continue, with new infrastructure and a rich event calendar poised for an even stronger second half.
Real Estate emerges as a stable, yield-oriented asset for 2026, says Knight Franks Vivek Rathi
Indian real estate is poised for a strong performance in 2026. The sector offers stability and income generation, outperforming other asset classes. Demand for premium housing continues, while fractional ownership models make real estate accessible. Industrial and warehousing segments also show robust growth. Investors should focus on prime locations and asset quality for wealth creation.
Silver rockets past $60: Whats driving the melt-up and what 2026 could look like
Silver has touched record highs this week, crossing $60 an ounce for the first time. This surge is driven by strong industrial demand, persistent supply deficits, and global economic uncertainties. India has also seen unprecedented price rises. The market anticipates further gains, though a consolidation phase is expected in early 2026 before resuming an upward trend.
Department of Posts partners BSE to expand Mutual Fund access across India
Selected postal employees will be trained and certified as mutual fund distributors, enabling them to provide investor services and facilitate mutual fund transactions through the BSE StAR MF platform
ICICI Pru AMC to Corona Remedies: GMPs suggest up to 63% returns for 15 IPO listings next week
Grey market premiums indicate a wide dispersion in listing expectations, ranging from flat debuts to gains of over 60%.
Fed's Hammack would prefer tighter policy given too high inflation
Cleveland Fed President Beth Hammack believes monetary policy should be tighter. She feels current interest rates are around neutral. Hammack would prefer a more restrictive stance to pressure inflation. She indicated this view ahead of a recent rate cut. Hammack will be a voting member of the FOMC next year.
Deepak Shenoy, Capitalmind Founder and CEO, shares his unique ways to manage market stress. He enjoys salsa, long walks, and pickleball. These activities help him stay balanced and mentally clear. Shenoy believes hobbies outside of investing are crucial for resilience. Stepping away from screens improves decision-making. He advises young investors to pursue passions beyond work.
5 world market themes for the week ahead
EU leaders are pushing for a deal to fund Ukraine using frozen Russian assets, a critical move amid the ongoing conflict. Meanwhile, the US releases key economic data, offering insights into the Federal Reserve's next steps. Central banks across Europe, Japan, Britain, Norway, and Sweden are concluding their year with crucial policy meetings, potentially impacting global markets.
Wall Street Week Ahead: Investors eager for delayed data to shed light on US economy
Upcoming U.S. economic data, including employment and inflation reports, will offer crucial insights after a federal government shutdown. Investors and the Federal Reserve await this clarity to guide market direction and potential interest rate adjustments. Disappointing tech earnings and a divided Fed decision highlight current economic uncertainties.
Two Fed dissenters cite inflation risk in votes against rate cut
Federal Reserve officials are split on cutting interest rates. Some believe inflation remains too high, citing a lack of recent economic data. They argue for waiting until early next year for updated reports. Others are more concerned about job market weakness. The central bank's decision reflects this ongoing debate as they monitor inflation and employment figures.
Bitcoin hoarding company Strategy remains in Nasdaq 100
Bitcoin investor MicroStrategy has retained its spot in the Nasdaq 100, despite growing concerns about its business model's sustainability. Analysts question its resemblance to an investment fund, especially as crypto treasury firms' shares are highly sensitive to bitcoin's price swings. Other companies were added and removed from the index.
Oracle-Broadcom one-two punch hits AI trade
Recent updates from Oracle and Broadcom have sparked worries about high valuations and debt in AI stocks. Investors are becoming more selective. Despite these concerns, the overall market strength provides reasons for optimism. Short sellers are not aggressively betting against major AI companies. The AI trade remains intact for many, though performance may moderate.
Wall Street ends lower; fears of AI bubble and inflation send investors away
Technology stocks led a broad market decline on Friday, with the S&P 500 and Nasdaq falling over 1%. Concerns over an AI bubble, fueled by Broadcom and Oracle's warnings, coupled with rising Treasury yields, pressured investors. Anticipation of key labor and inflation data also contributed to market caution.
Fed cut boosts D-Street even as rupee, trade worries persist
Indian stock markets saw a modest rise on Friday. The Nifty and Sensex closed higher, gaining about half a per cent. This uptick followed a US interest rate cut. However, uncertainty surrounding a US-India trade deal and a weaker rupee limited further gains. Investors are awaiting clarity on trade tariffs.
Sebi mandates 2 new EDs to strengthen MIIs
Sebi has enhanced governance at Market Infrastructure Institutions by mandating the appointment of two executive directors. One ED will manage critical operations, while the other will oversee regulatory functions, compliance, risk, and investor grievances. Both will join the governing board, with hiring to be done through open advertisements.
Bank holiday today: Are banks open or closed on 13 December for Second Saturday weekend off?
Bank holiday today: There are a total of 17 holidays for public and private banks in India in December 2025, according to the RBI's official state-wise calendar for 2025-26. Check the full list for this month here
Centre rolls back use of revamped agriculture trading portal in most Rajasthan mandis
The Union government has significantly scaled back the use of its revamped electronic agriculture trading portal, e-NAM 2.0, across Rajasthan.
Rising costs force employers to rewrite employee benefits
The move comes as employee costs escalate, and health insurance premiums balloon, prompting firms to redesign their benefits programs to align with the needs of a multi-generational workforce and ensure financial discipline.
SEBI clears Pranav Adani of insider trading allegations in AGELSB Energy case
The regulator also dismissed charges against two relatives accused of trading based on the alleged leak. After examining trades between January and August 2021, SEBI found no evidence that any UPSI was communicated.
Shiprocket files UDRHP for Rs 2,342-crore IPO
Shiprocket, a Gurugram-based D2C shipment and checkout service provider, has filed an updated draft red herring prospectus for a Rs 2,342-crore IPO. The company aims to raise Rs 1,100 crore in fresh capital, with existing investors and founders also selling shares.
SBI revises term deposit rates, reduces lending rates check details
The State Bank of India has revised interest rates for term deposits and reduced MCLR and EBLR rates following a repo rate cut by the RBI. Interest rates for senior citizens and the general public on various tenures have been revised, effective from December 15, 2025.
Usha Martin block deal: Promoter entity sells stake worth Rs 99 crore. Morgan Stanley among buyers
Usha Martin's promoter, Peterhouse Investments India Limited, divested 23 lakh shares for Rs 99 crore in a block deal. Morgan Stanley and Bandhan Mutual Fund were among the buyers, acquiring shares at Rs 430 each. The transaction occurred as Usha Martin's stock closed higher at Rs 440.45.
Nasdaq submits new plan with more power to block IPOs vulnerable to manipulation
Nasdaq filed a new rule on Friday that would allow the exchange to block IPOs even when companies meet all listing standards if it detects red flags that could make a company's stock vulnerable to manipulation.
US yields rise after Fed comments as economic outlook gauged
U.S. 10-year Treasury yields rose on Friday after two straight sessions of declines, as investors assessed commentary from a flurry of Fed speakers and a positive outlook on the economy.
New Labour Codes: Will it slash your take-home salary? Govt clarifies amid PF deduction concerns
The Ministry of Labour stated that the new Labour Codes will not decrease take-home pay as PF deductions are based on a 15,000 ceiling.
Cannabis stocks surge on report Trump seeks to ease restrictions
Shares of cannabis companies jumped on Friday after the Washington Post reported U.S. President Donald Trump is expected to push the government to dramatically loosen federal restrictions on marijuana.
Adani Green insider trading: Sebi ends case against Pranav Adani without any direction or penalty
Sebi has dropped insider trading charges against Pranav Adani and two others, ruling their Adani Green trades occurred after news of the SB Energy acquisition became public, making the information no longer price sensitive.
ICICI Prudential AMC IPO subscribed 0.72 times on Day 1
The retail individual investors portion saw only 0.21 times subscription, with 33.82 lakh shares bid for against 1.62 crore shares on offer
LIC trimmed Adani Ports stake by 2% between 2022 and 2025. Check details
LIC has reduced its stake in Adani Ports to 7.34% by selling nearly 3.9 crore shares since 2022, even as the stock outperforms benchmarks and posts strong quarterly revenue and profit growth.
Waaree Energies boosts Samakhiali plant capacity to 3 GW
Waarees total global solar module manufacturing capacity reaches approximately 22.3 GW with the expansion
Lloyds Engineering Works sets up defence subsidiary
LEWL secures multiple technology partnerships to support its defence vertical
S&P 500, Nasdaq trade lower, Dow rises as Broadcom adds to AI bubble angst
The S&P 500 and the Nasdaq opened lower on Friday as Broadcom's latest results added to concerns about an AI-fueled bubble, dampening optimism stoked by the Federal Reserve's less-hawkish-than-expected signals on 2026 rate cuts.
Silver soars past $64/oz; futures top 2 lakh a kg on MCX
Tight market conditions with physical deficit continuing for a fifth year in a row driving rates higher
US Fed dissenters flag need for more data, inflation risks
Two officials who voted against the Federal Reserve's decision to lower interest rates again this week cited a need for more economic data and too-hot inflation in explaining their decisions on Friday.
Market responds to fundamentals, says Vijay Kedia as his latest SME IPO pick doubles money
Vijay Kedia said Exato Technologies stellar SME debut proves stock prices ultimately follow business fundamentals, as the AI-led tech firm nearly doubled on listing after a record 947 subscription across investor categories and strong financial performance supporting its growth story.
Nifty reclaims 26,000 mark as metal stocks lead market rebound amid Fed rate cut optimism
Nifty rises 148 points to close at 26,046 while Sensex climbs 449 points to end at 85,267
Gold and silver prices surged to all-time highs on MCX as the rupee hit a record low, with global safe-haven demand, wedding-season buying and strong investor interest driving bullions sharp 2025 rally.
Rupee hits new low at 90.56 amid dollar demand, tariff concerns
The rupee closed at a record low of 90.41 amid strong importer dollar demand, Mexicos tariff move, lack of the India-US trade deal, and continued FPI outflows, marking a 1% December drop and nearly 6% yearly depreciation.
Why Zerodha says no to credit cards and personal loans, according to Nithin Kamath
Nithin Kamath says Zerodha limits lending to loans against securities due to higher funding costs, tougher competition, and risks linked to unsecured credit. Lower-risk, collateral-backed loans align better with its philosophy and customer base, making them a natural extension of its broking business.
Stock Market Holidays 2026: Full list from NSE has 7 long weekends, along with a surprise
NSE has released the 2026 trading holiday calendar with 15 market holidays, weekend festival dates, and details on the Muhurat Trading session. The schedule helps investors plan expiries, liquidity strategies and portfolio actions as global brokerages project a recovery year for equities.
Despite repeated nudges, 62% of Zerodha users with holdings still dont have a nominee: Nithin Kamath
Nithin Kamath says 62% of Zerodha users with holdings still lack nominees despite an online process, urging investors to notify nominees to prevent unclaimed assets as Sebi defers its nomination frameworks third phase.
Blackstones Horizon Parks said to file for $500 million IPO
Blackstone-backed Horizon Industrial Parks is preparing a Mumbai IPO of up to $500 million, among Indias largest logistics listings, with proceeds earmarked for asset expansion amid strong retail and institutional market appetite.
Aspri Spirits files IPO papers with Sebi; eyes Rs 140 cr via fresh issue
Aspri Spirits, an alco-beverage distribution entity, has filed preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO), which comprises a fresh issue of shares worth Rs 140 crore.
An Asset Management Company manages pooled investments through research-driven portfolios, transparent costs and regulatory oversight, helping investors access diversified mutual fund opportunities while understanding AMC functions, benefits and key considerations.
Even Warren Buffett is open to learning how to be a better investor
Investors must evolve their thinking to adapt to constantly changing market environments, Douglas Eby writes in a guest commentary.
ICICI Prudential AMCs 10,602-crore IPO saw a 53% Day 1 subscription, led by strong QIB demand. The GMP of 9.3% signals moderate listing expectations. Brokerages remain positive on the AMCs strong market share, high profitability and growth, though valuations are considered rich and suited more for long-term investors.
Aspri Spirits files DRHP with SEBI, to raise 140 crore via fresh issue
The IPO comprises a fresh issue of equity shares with a face value of 5 each, aggregating up to 140 crore, alongside an offer-for-sale of 50 lakh equity shares by promoters
Margin trading facility a double-edged sword
MTF is best-suited for experienced traders, who understand market risks and margin trading.
Gainers & Losers: New India Assurance, Hindustan Zinc among 7 stocks in focus on Friday
Indian markets rose for a second day on Friday, with New India Assurance, Hindustan Zinc, GMDC, JSW Energy, Swiggy, Refex Industries and HCC among the key stocks in focus.
22K & 24K gold price today, December 12, 2025 across Indian cities
Hindustan Zinc and 7 other stocks hit 52-week highs; gains up to 15% in a month
A strong market session lifted the Sensex by 450 points, triggering 52-week highs in eight BSE 200 stocks. Companies across metals, autos, finance, and banking recorded notable monthly gains, signalling robust bullish momentum and potential near-term strength.
Brookfield to invest USD 1 billion to build Asia's largest GCC in Mumbai
Maharashtra Chief Minister Devendra Fadnavis on Friday said asset manager Brookfield is set to invest over USD 1 billion (around Rs 9,000 crore) to create a global capability centre (GCC) facility in the state.
Rupee drops to fresh all-time low of 90.41 per US dollar
Rupee is under pressure largely due to aggressive dollar purchases by importers amid surging global precious metal prices, say forex traders
Nifty may reach 30,000 in 2026, ICICI Direct says, bets on Bajaj Finserv, IOL, and 7 other stocks
ICICI Direct expects Nifty to hit 30,000 by 2026, backed by a Cup & Handle breakout, strong long-term support zones, and historical post-correction rallies. The brokerage sees banks leading the next leg and identifies nine top stock picks, citing favourable technical setups and a supportive macro backdrop.
India rupee steadies after hitting record low; drift lower may persist
In a stunning development on Friday, the Indian rupee hit an all-time low, marking its second straight week of downturns. Investors are on edge, closely monitoring the uncertain trajectory of U.S.-India trade negotiations.
PSU insurers rally up to 8% as cabinet clears 100% FDI. New India Assurance leads gainers
State-run insurance stocks rallied after the Union Cabinet approved 100% FDI in the insurance sector, triggering strong market optimism. New India Assurance led the gains, followed by GIC, LIC, and private insurers such as ICICI Prudential and SBI Life. The reform aims to attract foreign capital, streamline licensing, and introduce composite licences, forming a key part of the government's Insurance for All by 2047 vision.
Market Wrap: Sensex adds 450 pts, Nifty above 26,000 in Fed-driven market bounce
Indian equities rose on Friday, with the Sensex and Nifty extending their Fed-driven rebound even as both ended the week lower. Metals and realty led gains, midcaps outperformed, and global sentiment improved after the U.S. rate cut. However, a weaker rupee, FII outflows, and tech-sector jitters capped enthusiasm.
Park Medi World, Nephrocare IPOs see strong last-day demand
Both healthcare IPOs close today, setting the stage for potentially strong listings on December 17.
Hongkong Land to launch $6.2 billion Singapore private real estate fund
Property group Hongkong Land said on Friday it will launch a Singapore private real estate fund with more than S$8 billion ($6.19 billion) in assets under management at inception.
Brookfield to invest USD 1 bln to build GCC facility in Maharashtra: Fadnavis
Chief Minister Devendra Fadnavis on Friday said asset manager Brookfield Properties is set to invest over USD 1 billion to create a global capability centre (GCC) facility in the state.
Ashiana Housing MD Vishal Gupta elected president of CREDAI-NCR
Vishal Gupta, managing director of Ashiana Housing, has been elected as the new president of realtors' apex body CREDAI's NCR chapter.
Silver scales new peak on MCX; tops 2,00,000/kg
On the Multi Commodity Exchange (MCX), March-delivery silver rose 1,420, or 0.71%, to hit a lifetime high of 2,00,362 per kg, marking its fourth straight day of gains.
These 14 stocks held by over 100 MFs in November month, soar up to 125%; do you own any?
Data for November 2025 shows that 245 stocks were held by more than 100 mutual fund schemes, reflecting broad institutional conviction. Of these, 101 stocks gained over 10% in CY25, while 14 delivered returns above 50%, including one multibagger. Strong mutual fund participation supported strong performance across names such as L&T Finance, Aditya Birla Capital, RBL Bank, MCX, TVS Motor Company and Eicher Motors.
Satya Group, Maple to invest Rs 1,600 cr to build Gurugram housing project
Realty firm Satya Group and Maple Group will develop a luxury housing project in Gurugram at a cost of around Rs 1,600 crore.
IOC declares interim dividend of Rs 5 per share for FY26, sets December 18 as record date
Indian Oil Corporation announced an interim dividend of Rs 5 per share for FY26, fixing 18 December 2026 as the record date. Shares rose intraday, backed by strong yearly returns and improved quarterly profits. The company continues to outperform benchmarks, supported by a consistent dividend history and stable operational performance.
Refinancing a personal loan can cut EMIs, lower interest costs and simplify repayments by securing better terms, helping borrowers improve cash flow and strengthen long-term financial stability.
JSW Energy board approves fundraise of up to Rs 10,000 crore, stock gains 5%
JSW Energy's board approved a fundraising of up to Rs 10,000 crore through QIP and private offerings. This includes a Rs 3,000 crore preferential issue to promoter entity JTPM Metal Traders, increasing its stake. The company also appointed a new CFO.
Silver surpasses Microsoft to become worlds 5th-largest asset
Silver has officially leapfrogged Microsoft to become the fifth-largest asset in the world by market capitalization, marking a historic moment for the precious metal.
SIP flows steady; active equity AUM climbs to 44.4 lakh crore in November
Active equity net inflows rose 22% to 39,300 crore, while the Nifty 50 gained 1.9%, pushing active equity AUM up 1.5% to 44.4 lakh crore.
Breakout above 26,085 key for Nifty upside: Rohit Srivastava
The Indian stock market is poised for a strong weekly close, with the Nifty nearing 26,000. Analysts anticipate a bullish trend continuing into December, driven by a potential breakout from a recent downward channel. The Nifty Metal Index is showing significant upside potential, with expectations of a 15-20% rise in the coming months.

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