The Economic Times News

The Federal Reserves current meeting is shaping up as one of the most contentious in years, with markets heavily pricing in a rate cut amid divided policymakers. Investor uncertainty has been fueled by a record U.S. government shutdown, mixed Fed signals, and pressure from the Trump administration for lower borrowing costs.

Meesho delivered a blockbuster debut on Dalal Street, listing with a 46% premium and climbing as much as 7% on day one. With strong subscription momentum, heavy institutional demand and bullish analyst views, the stocks surge has left investors weighing whether to book profits, stay invested or buy more. Analysts point to Meeshos deep penetration in value-driven markets and improving economics, but warn of rising competition and profitability challenges. Heres what you need to know before decidi

Indian government bonds saw a rebound on Wednesday. This followed a two-day decline driven by foreign investors selling positions. Concerns over fewer domestic interest rate cuts also impacted sentiment. The benchmark 10-year yield moved lower. Overseas investors have been net sellers recently. Traders noted offshore paying in overnight index swaps. Market participants await the U.S. Federal Reserve's policy decision.

Kevin Hassett is emerging as the leading contender to succeed Jerome Powell as U.S. Federal Reserve chair. The selection comes amid political pressure from President Trump for faster rate cuts. Hassett has signaled support for further monetary easing but noted adjustments may be needed if inflation rises sharply.

Despite Nifty and Sensex hitting record highs in 2025, most investors arent celebrating. Three out of five NSE 500 stocks remain far below their peaks, exposing a sharply narrow rally driven by a handful of largecaps. Experts advise shifting toward quality largecaps and midcaps as smallcaps continue to underperform.

IndiGo's stock is experiencing a sharp decline. Technical indicators suggest a bearish trend. However, brokerages remain optimistic about the airline's long-term prospects. They cite cost advantages and market dominance. IndiGo is working towards operational recovery. Investors are watching closely for stabilization or further downside.

Vidya Wires shares listed flat on Wednesday. The company's IPO saw strong demand from retail and HNI investors. The Rs 300-crore IPO was priced at Rs 52 per share. Vidya Wires manufactures winding wires and conductivity products. The company is expanding its manufacturing capacity. Financials show steady revenue and profit growth.

Market expert Sudip Bandyopadhyay says IndiGos 20% fall is not yet a buying opportunity as regulatory action is likely to curb its 65% market share. He expects the government to prevent near-monopoly conditions in aviation. In contrast, he sees value in Kaynes Tech after a 50% correction, noting improved clarity on accounting issues and solid long-term business fundamentals.

SpiceJet shares climbed significantly on Wednesday. This rise follows IndiGo's directive to reduce its flight schedule due to pilot shortages and operational issues. IndiGo's disruptions are expected to benefit competitors like SpiceJet by opening up demand. SpiceJet also announced the induction of two new Boeing aircraft, boosting its capacity.

Aequs shares listed at a 12.9% premium on the bourses on Wednesday, reflecting strong investor appetite after the IPOs robust subscription. Despite financial volatility and losses, analysts highlight Aequs integrated aerospace manufacturing ecosystem, long-term customer relationships and global footprint. Proceeds will largely repay debt, aiming to ease interest costs and support a clearer path to profitability.

Meesho shares surged 46% on their Dalal Street debut, listing at a significant premium to their IPO price. The strong listing followed an overwhelming subscription response, with investors showing high conviction in the e-commerce marketplace's growth potential. Despite robust revenue growth, the company faces challenges with widening net losses and achieving sustained profitability.

The White House is nearing a decision on the next Federal Reserve chair, with Kevin Hassett emerging as a frontrunner. Hassett's support for further interest rate cuts aligns with President Trump's agenda. The selection process occurs amidst political pressure on the Fed's independence and ongoing policy debates.

Peak XV Partners, formerly Sequoia India, is reaping significant rewards from India's recent IPO surge. Four key portfolio companies, including Groww and Pine Labs, generated nearly Rs 23,000 crore in listing value and substantial cash gains. This success highlights the firm's strategy of early, sustained investment in high-growth ventures, bolstering its distribution track record.

India's smallcap market experienced its worst crash in seven years, down 9.45% in 2025 after surging in prior years. This reversal stems from earnings disappointments, expensive valuations, and a liquidity shift towards safer largecaps, raising concerns for future returns.

The Indian rupee weakened by 20 paise to 90.07 against the US dollar today, influenced by import demand and upcoming US Federal Reserve policy cues. Traders are keenly awaiting US-India trade talks, scheduled to begin December 10, for potential positive impact on the rupee. The dollar index saw a slight rise, while domestic equity markets traded higher.

Wakefit IPO: Wakefits 1,289-crore IPO is seeing weak demand, with overall subscription at just 39% by Day 2. The grey-market premium has slipped to about 1% from earlier levels of 2.55%. Retail investors are the only strong participants so far, subscribing 1.77x, while NII interest remains low at 25%.

Indian stock markets opened on a positive note today. The Sensex and Nifty have ended a two-day decline. Investors are proceeding with caution. This comes ahead of a significant U.S. Federal Reserve rate decision scheduled for later tonight. The markets are awaiting further direction.

Bullion started Wednesday on a strong note, with silver futures hitting a record Rs 1,90,374/kg and gold trading above Rs 1.30 lakh/10 grams. Globally, silver extended gains after crossing $60/oz for the first time, reaching $61.4797/oz, driven by speculative bets that the US Federal Reserve will announce a 25-bps rate cut at its Dec. 910 meeting.

India's IPO market has achieved a historic milestone, surpassing 100 listings for the first time in 18 years. This surge has raised a record Rs 1.6 lakh crore. However, investors are experiencing lower listing-day returns, indicating a shift in market dynamics. The IPO pipeline remains strong with major companies preparing to go public, suggesting continued fundraising activity.

Shares of AU Small Finance Bank are set to remain in focus after the Ministry of Finance approved raising the foreign investment limit from 49% to 74%. The move allows greater foreign participation, enhancing capital-raising potential while ensuring regulatory compliance under FDI and FEMA rules. Shares closed 1.9% higher at Rs 971.10.

NALCO awarded a 25-year Mine Developer and Operator (MDO) contract for the Pottangi Bauxite Mines to Dilip Buildcon at a base charge of Rs 423 per ton; both companies' shares will be in focus. The project includes developing the mine, an Overland Conveyor Corridor (OLCC), and allied infrastructure. Dilip Buildcon secured the contract as the L-1 bidder.

Corona Remedies Rs 655.37-crore IPO has seen strong demand, with overall subscription at 9.33 times by Day 2. The GMP of around Rs 270 suggests a potential listing near Rs 1,332. While the company shows robust growth, brand concentration, regional dependence, and supply-chain risks remain. Analysts, however, maintain a long-term subscribe view given its strong fundamentals and strategic positioning.

As of December 9, five stocks in the NSE F&O segment witnessed a meaningful rise in futures open interest, signalling fresh positioning activity. JSW Energy, Hindustan Unilever, BSE, Zydus Lifesciences, and Tube Investments of India reported an over 5% increase in OI, reflecting growing participation in the derivatives market.

Oil prices are holding steady. Concerns about supply exceeding demand are limiting price increases. Investors are watching Ukraine peace talks closely. A peace deal could lift sanctions on Russian oil. U.S. oil production is expected to reach a new record this year. However, output is forecast to slightly decrease in 2026.

UTI AMCs V. Srivatsa says Indias aviation sector may see a temporary reset but no structural shift despite one airline holding 65% market share. He expects a pickup in earnings driven by consumption, banking strength and government reforms, with low double-digit growth likely in FY27. Top sector preferences include IT, oil & gas and healthcare, while EMS remains a cautious bet.

Indian markets are at record highs. Investors are reviewing asset allocation for the coming year. Naveen Kulkarni of Axis Securities PMS suggests a 10-lakh portfolio for 30-40 year olds. Equities should exceed 50%. Debt and gold will form the rest. FIIs may return in 2026. BFSI, power, and consumption sectors are expected to lead.

India's private credit market is booming, attracting global investors. Structural reforms and strong developer demand are key drivers. Alternative Investment Funds are playing a crucial role, acting as new lenders for real estate projects. India is becoming a major hub for real estate credit capital in the Asia-Pacific region.

Luxury housing and tech-enabled fractional investing are poised to dominate India's real estate in 2026, according to Rajan Yadav of Roots Developers. Affluent buyers will drive premium residential sales, while younger investors will leverage fractional ownership for accessible Grade-A commercial real estate, transforming wealth creation through property.

The pattern, represented by a long white (or green) candlestick with no upper shadow and little to no lower shadow, signals strong buying pressure throughout the session.

Hindustan Zinc shares are expected to be active today as Silver prices reach new highs. This surge is driven by expectations of continued monetary easing by the US Federal Reserve. Supply tightness in silver is also a factor. Lower interest rates generally benefit precious metals. Hindustan Zinc is India's only pure-play silver company. Its stock is sensitive to silver price movements.

Four NSE large-cap stocks displayed improving momentum on December 9 as their RSI moved above 50, signalling emerging accumulation. This shift reflects strengthening price action after consolidation, offering traders early cues of potential upside continuation supported by renewed sentiment and trend reversal signals.

Pine Labs' Setu platform has launched an agentic bill-payment experience in India, aiming to automate bill tracking and settlement to reduce consumer friction. This new tool addresses concerns about incorrect charges and missed due dates by fetching bills, spotting anomalies, and managing payments within user-defined limits.