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Business / The Economic Times

11 penny stocks crashed up to 93% in FY26 so far; are you holding any?

These laggards were identified using specific filters: a market cap below Rs 1,000 crore, a stock price under Rs 20, and a minimum recent trading volume of 5 lakh shares.

7 Dec 2025 1:19 pm
Meesho shares set to list this week. What should investors expect?

Meeshos Rs 5,421.20 crore IPO, subscribed 79 times, is set to list on December 10, making it one of the most closely watched tech offerings of the year. The book-built issue, comprising a fresh issue of 38.29 crore shares and an offer for sale of 10.55 crore shares, saw overwhelming demand, signalling strong investor interest and grey-market gains of over 38%.

7 Dec 2025 11:58 am
SoftBank-backed AceVector files updated IPO papers; targets to raise Rs 300 cr via fresh issue

SoftBank-backed digital-commerce ecosystem AceVector Ltd has filed updated draft papers with markets regulator Sebi for an initial public offering (IPO), which will include a fresh issue of shares worth Rs 300 crore.

7 Dec 2025 10:45 am
Mcap of five of top-10 most-valued firms surges Rs 72,285 cr; TCS, Infosys biggest winners

The combined market valuation of five of the top-10 most valued firms surged by Rs 72,284.74 crore last week, with Tata Consultancy Services (TCS) and Infosys emerging as the biggest winners.

7 Dec 2025 10:37 am
Wall Street bets Chinese stocks will extend $2.4 trillion rally

China has regained global investor confidence in a stellar year for stocks, with the MSCI China Index rising about 30%, adding $2.4 trillion in value and outperforming the S&P 500. Fund managers including Amundi, BNP Paribas, Fidelity and Man Group expect further gains in 2026, driven by AI innovation and market resilience, as both passive and active inflows fuel the rally.

7 Dec 2025 10:34 am
Nifty at 26K, but why is your stock portfolio bleeding?

Nifty crossed 26,000 on November 26, 2025, followed by the SENSEX breaching 86,000, signalling market optimism. However, investors portfolios tell a different story. While Nifty rose 67% over the past year, the BSE SmallCap index fell 5% and the MidCap index gained only 2%. This divergence highlights why index highs arent uniformly reflected across all portfolios.

7 Dec 2025 10:19 am
Rupee trajectory and Rs 10,600-cr ICICI Pru AMC IPO among 7 key triggers for D-Street this week

Nifty ended the week flat with a mildly negative bias, but Fridays 0.59% surge to 26,186.45 signalled continued strength. Analysts say the indexs bullish structure supports a buy-on-dips approach. With RSI at 63 and MACD positive, momentum remains firm. Key resistance lies at 26,350, and a breakout could take Nifty toward 26,600 as markets eye crucial cues this week

7 Dec 2025 10:04 am
Export Promotion Mission sets unified path to strengthen India's export competitiveness

India took a major step to strengthen its export ecosystem with the launch of the Export Promotion Mission (EPM), a unified framework approved in the Union Budget 2025-26. The Mission was designed to provide Indian exporters, especially MSMEs and first-time exporters, with simpler, faster, and more coordinated support.

7 Dec 2025 9:20 am
Customs overhaul to be focus in next set of reforms: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman expressed confidence in India's economy growing at 7% or more this fiscal year, despite global headwinds. She also highlighted plans to reduce import duties and improve the income tax regime, while cautioning fiscally strained states against financing 'freebies' through borrowings.

7 Dec 2025 5:30 am
FIIs sell Rs 11,820 crore worth of Indian equities in first week of December. Can RBI liquidity be a succor?

FIIs sold 11,820 crore in the first week of December, continuing heavy 2025 outflows, but strong DII inflows offset the pressure. Rupee depreciation drives foreign selling, while pro-growth policies, liquidity measures and earnings optimism keep domestic investors steadily buying.

6 Dec 2025 5:04 pm
Nifty ends flat as resistance holds; cautious optimism likely for coming week

Nifty traded range-bound, closing nearly flat despite an RBI rate cut, as resistance near 26,300 capped gains. Weak market breadth and muted broader indices signal caution, though the primary trend remains upward with selective sector strength.

6 Dec 2025 5:01 pm
ICICI Prudential AMC sets Rs 2,0612,165 price band for its Rs 10,603 crore IPO

ICICI Prudential Asset Management Company has set the price band for its Rs 10,603 crore initial public offering (IPO) at Rs 2,061 - Rs 2,165 per share. The public issue will open for bidding on Friday, December 12 and close on Tuesday, December 16.

6 Dec 2025 4:58 pm
BSE PSU index rejig: RailTel gets entry, 4 stocks deboarded. Do you own any?

BSE has reconstituted 28 indices, including the BSE PSU index, effective December 22. RailTel is the sole addition, while MMTC, ITI, Punjab & Sind Bank and KIOCL are removed following weak performance trends.

6 Dec 2025 4:19 pm
Dec 22 index rejig: ITC Hotels, Reliance Power among 32 fresh additions to BSE 500. Check changes in SME, others

The BSE 500 index will undergo a significant overhaul from December 22, with 32 additions and 32 exits as part of the semi-annual reconstitution. Changes span 28 indices, affecting large, mid and small companies across sectors.

6 Dec 2025 4:17 pm
Market poised for next uptrend as growth revives: Ashi Anand

Ashi Anand says Indias 18-month market consolidation is easing as growth improves, earnings strengthen and sentiment turns optimistic. He favours domestic themes, banks and digital plays while remaining cautious on global cyclicals, pharma and IT amid valuation and macro uncertainties.

6 Dec 2025 3:50 pm
F&O Talk | Heavyweights shield Nifty from deep cuts: Sudeep Shah

The market currently favours index trading as only heavyweight stocks support the upside, while broader segments weaken. Private banks, financials, IT and autos show strength, whereas consumer durables, tourism, media, realty and defence are expected to underperform.

6 Dec 2025 3:41 pm
India's strong fundamentals to support 7% growth despite global risks, finance minister says

India's economy is set for strong growth this year, with projections at least 7 percent. Finance Minister Nirmala Sitharaman stated that the economy's fundamentals are robust. Consumer spending is expected to remain resilient. The Reserve Bank of India has also raised its GDP growth forecast. This positive outlook comes despite global uncertainties and trade pressures.

6 Dec 2025 3:32 pm
IPO Calendar: ICICI Pru AMC, Wakefit to anchor Rs 13,000 crore pipeline next week

Indias primary market enters its busiest phase with 11 IPOs worth Rs 13,807 crore opening between December 817. Key issues include Corona Remedies, Wakefit, Nephrocare and the awaited ICICI Prudential AMC launch, amid strong domestic liquidity but cautious FPI sentiment.

6 Dec 2025 2:36 pm
F&O Talk | RBI's 25 bps cut lifts Nifty, but weekly charts show negative closing: Sudeep Shah

Nifty hit a new high before a brief pullback, finding support at its 20-day EMA. Heavyweight sectors like banking and IT are driving resilience, while small-caps lag. Analysts expect Nifty to target 2635026500, with Bank Nifty also poised for further upside.

6 Dec 2025 2:32 pm
Sitharaman flags complete customs revamp as next big reform drive

Finance Minister Nirmala Sitharaman announced a comprehensive overhaul of India's customs framework as her next major reform. The initiative aims to simplify and enhance transparency in customs procedures, making compliance less burdensome for businesses and individuals. This move follows successful tax reforms and seeks to reduce administrative hurdles while maintaining robust checks against illicit trade.

6 Dec 2025 2:32 pm
India, US trade team to start three-day talks from December 10: Sources

India and the United States are set to begin three-day trade talks in New Delhi on December 10 to finalise the first phase of their proposed bilateral trade agreement. The discussions, led by US Deputy Trade Representative Rick Switzer, are crucial for addressing reciprocal tariffs and boosting bilateral trade, which aims to reach $500 billion by 2030.

6 Dec 2025 2:21 pm
SME SAR Televenture raises Rs 208 cr from Madhusudan Kela, promoter and others via issue of warrants

SAR Televenture has secured 208.46 crore through warrant issuance to investors including Madhusudan Kelas fund, Choice Advisors, and promoters, boosting working capital, CAPEX needs, telecom infrastructure expansion, and readiness for large-scale 4G/5G projects.

6 Dec 2025 2:18 pm
FII return seen as key trigger for Niftys next breakout: Sudip Bandyopadhyay

Sudip Bandyopadhyay says Nifty can decisively break 26,000 only when FIIs return, while NBFCs and real estate stand to benefit from rate cuts amid ongoing volatility in global cues.

6 Dec 2025 2:14 pm
India Budget Basics: If the calculations puzzle you, this is how the budget maths really works

Union Budget: Finance Minister Nirmala Sitharaman will present India's Union Budget 2026 in February. The budget's core is projecting nominal GDP growth. This estimate drives calculations for tax revenue, government spending, and borrowing needs. Key figures are often percentages of projected nominal GDP. Crude oil prices also significantly influence budget allocations, especially for subsidies. Realistic projections are crucial for budget credibility.

6 Dec 2025 2:11 pm
Smartworld Developers enters Noida, to invest Rs 2K cr on 1st realty project

Smartworld Developers is investing Rs 2,000 crore in its first Noida project, a mixed-use development on a 6-acre site acquired for Rs 414 crore. This expansion into the key Delhi-NCR micro-market aims to strengthen the company's presence beyond Gurugram, with estimated revenues exceeding Rs 3,000 crore. The project will feature premium residences, retail, and serviced homes.

6 Dec 2025 1:46 pm
Gold is the new FDI: A blueprint to convert India's idle wealth into productive capital

Indias massive household gold holdings, worth $3.8 trillion, far exceed decades of FDI inflows. Redirecting even part of this unproductive wealth through proposed procurement and gold-bond schemes could ease trade deficits, boost capital formation, and lessen dependence on foreign investment.

6 Dec 2025 12:49 pm
Abu Dhabi Investment Portfolio: 7 stocks surge up to 70% in FY26. 2 new Q2 bets revealed

ADIAs India equity portfolio rose just 0.7% in FY26, though 13 stocks gained and seven surged 2070%. Several holdings fell sharply, while CMS Info Systems and M B Engineering were new additions.

6 Dec 2025 12:22 pm
Gurmeet Chadha hails Russian Sberbanks MF route into Indian equities, calls it a model for global expansion

Sberbanks launch of a Nifty 50-linked mutual fund gives Russian investors direct access to Indian equities. Experts say the move can expand global capital inflows, enable similar partnerships with BRICS and other regions, and deepen India-Russia financial cooperation.

6 Dec 2025 12:20 pm
Meesho IPO allotment date: How to check status online, GMP after robust subscription

Meeshos Rs 5,421 crore IPO allotment will be finalised Monday after massive 81.76x subscription. With a 42% GMP and record retail participation, investors now await listing on December 10.

6 Dec 2025 11:59 am
ICRA expects extended policy rate pause, unless economic growth moderates

The RBI has reduced inflation projection for 2025-26 to 2.0 per cent from the October estimate of 2.6 per cent and February estimate of 4.2 per cent.RBI has also revised real GDP growth for 2025-26 and is projected at 7.3 per cent now.

6 Dec 2025 11:41 am
Wakefit raises Rs 580 crore from anchor investors including HSBC, HDFC MF ahead of IPO

Wakefit raised Rs 580 crore from anchor investors at the top price band, with domestic mutual funds taking over half the book. Strong institutional demand boosts confidence ahead of its Rs 1,288 crore IPO opening on December 8.

6 Dec 2025 11:31 am
A Golden run: After 60% surge and over 50 all-time highs this year, whats next for gold in 2026?

Gold surged over 60% in 2025 on geopolitical risks, a weaker dollar and strong safe-haven demand. The World Gold Council sees 2026 playing out through moderately bullish, strongly bullish or bearish scenarios, shaped by global growth, Fed policy, and shifting investor behaviour.

6 Dec 2025 11:28 am
Century Plyboards well-positioned for growth as MDF expansion and premium mix strengthen margins

Indias building products sector is stabilizing with stronger consumption, healthier pipelines, lower input volatility, and rising premiumization. Demand across wood panels, sanitaryware, tiles, and paints is improving as real estate, renovation cycles, and distribution networks strengthen, supporting a more sustained medium-term upcycle.

6 Dec 2025 11:25 am
Crypto in 2026: The quiet transformation India cannot ignore anymore

The crypto market is shifting from speculation to institutional-grade structure, driven by Bitcoins treasury use, rapid tokenisation, and coordinated global regulation. Indias maturing investor base and expanding access accelerate the need for clearer frameworks and safer, compliant participation in 2026.

6 Dec 2025 11:21 am
Indian rupee hits record low: What it means for commodity prices and the economy

The rupees plunge beyond 90 highlights India-specific pressures from FPI outflows, trade deficits and dollar demand. The slide threatens higher imported inflation, costlier commodities and wider external imbalances, even as domestic growth remains resilient amid global uncertainty.

6 Dec 2025 10:37 am
Indian households expect ease in inflation pressures to continue: RBI survey

The RBI survey found that fewer households now anticipate price increases across key segments such as food, non-food items, housing, household durables, and services.

6 Dec 2025 10:26 am
2026 would be better for IT stocks than 2025: Pramod Gubbi

Pramod Gubbi of Marcellus Investment Managers expects Indias IT sector to recover in 2026 as valuations turn attractive and global rate cuts revive tech spending. He sees earnings momentum improving across consumption, healthcare and lenders, supported by domestic stimulus and stable flows.

6 Dec 2025 10:20 am
Dollar slips as traders eye next week's Fed meeting

The U.S. dollar dipped as traders anticipated a Federal Reserve rate cut next week, with nearly 90% probability priced in. Soft labor data and dovish central bank remarks fueled expectations for reductions. Meanwhile, the yen firmed on speculation the Bank of Japan might raise rates this month.

6 Dec 2025 10:13 am
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns

Oil prices climbed to a two-week high, fueled by anticipated U.S. Federal Reserve rate cuts boosting economic growth and energy demand. Geopolitical tensions involving Russia and Venezuela also contributed to the rise. Investors are closely watching trade talks and potential supply disruptions from these key oil producers.

6 Dec 2025 10:09 am
Gold gains on Fed rate cut optimism; silver hits record high

Gold prices climbed Friday amid strong expectations of a U.S. Federal Reserve rate cut next week, while silver reached a record high. The market anticipates a 25-basis-point cut, driven by dovish Fed commentary and recent economic data. This sentiment weakened the dollar, benefiting gold.

6 Dec 2025 10:05 am
European stock clock weekly gains on ongoing Fed cut optimism

European shares closed the week with modest gains as investors digested a U.S. inflation report reinforcing expectations for a Federal Reserve rate cut next week. Autos, retail, and technology stocks led the gains, while Swiss Re and oil and gas lagged. Citigroup set a positive 2026 target for the STOXX 600.

6 Dec 2025 10:02 am
Stocks end higher, dollar set for second straight weekly loss as investors eye Fed cut

Global shares advanced Friday as U.S. economic data reinforced expectations of a Federal Reserve rate cut next week, weakening the dollar and boosting gold. Wall Street indices closed higher, marking a second consecutive week of gains, with technology and communication services sectors leading. European markets remained largely unchanged, securing a modest weekly increase.

6 Dec 2025 9:59 am
US stocks close with slight gains as data keeps Fed cut expectations on track

Indian markets saw a positive close on Friday. Investors are keenly watching for a Federal Reserve interest rate cut next week. Economic data released showed consumer spending rose and consumer sentiment improved. This has boosted hopes for a rate reduction. All eyes are now on the Fed meeting for policy hints.

6 Dec 2025 9:56 am
Russias vital oil trade with India is down, but not out

India-Russia oil trade: Even Januarys low is well above pre-war levels. More importantly, according to traders and refiners, volumes could rebound as unsanctioned suppliers squeeze in and a vast number of new trading intermediaries appear.

6 Dec 2025 9:49 am
OMOs, forex swaps to keep system flush with liquidity

In a bold strategy to boost economic resilience, the central bank is channeling a hefty sum into the banking system. By leveraging open market operations alongside dollar-rupee buy-sell swaps, an impressive 1.45 lakh crore will flow in to optimize liquidity and facilitate effective monetary transmission.

6 Dec 2025 9:39 am
Mint St doves let it fly even as India cant catch a flight

Friday saw a remarkable uptick in Indian stock markets as the Reserve Bank of India decided to lower interest rates by 25 basis points. This strategic decision, along with signals of continued easing, infused confidence into investors. The Nifty and Sensex indices experienced a solid recovery, pushing past previous weekly dips.

6 Dec 2025 9:22 am
SpaceX tells investors it is targeting late 2026 IPO, the Information reports

SpaceX is planning a major step towards going public. The rocket company aims for an initial public offering in the latter half of next year. This move could include its Starlink satellite internet service. This comes as SpaceX is reportedly kicking off a new share sale, potentially valuing it at $800 billion.

6 Dec 2025 9:18 am
Wall Street Week Ahead: US Fed's internal split puts spotlight on Jerome Powell's rate guidance, dissents

The Federal Reserve's upcoming meeting is set to be highly debated. Policymakers are divided on an expected interest rate cut. Investors are watching closely for signals on the Fed's future policy direction and internal dynamics. Economic data has eased fears of labor market deterioration, fueling rate cut expectations. The market anticipates a quarter-point cut.

6 Dec 2025 9:15 am
RBI did its part, now time for markets to show maturity: SBI report

The Reserve Bank of India has reduced the repo rate to boost economic growth. This move comes as India experiences strong GDP expansion and very low inflation. SBI Research suggests markets should act with maturity. The central bank has lowered its inflation forecast for the fiscal year.

6 Dec 2025 8:55 am