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Markets / The Economic Times

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian markets extended their slide for a fourth session as investors remained cautious near record highs ahead of the RBI's interest-rate decision. The Sensex and Nifty edged lower, with the rupee hitting an all-time low due to persistent foreign outflows and trade uncertainties.

3 Dec 2025 9:29 pm
American Bitcoin steadies after share lock-up expiry sparks near 40% plunge

Shares of American Bitcoin, a bitcoin miner backed by two of U.S. President Donald Trump's sons, steadied in premarket trading on Wednesday, a day after slumping nearly 40% following the expiry of a share lock-up.

3 Dec 2025 8:50 pm
Rupee crosses psychologically important 90/$1 mark for the first time

The rupee briefly crossed ninety against the dollar as trade imbalances, foreign investor exits and delays in a US trade deal pressured the currency. Despite limited RBI intervention, expectations of further weakening persist, with rising hedging costs and continued portfolio outflows.

3 Dec 2025 8:48 pm
Market Trading Guide: Buy Anupam Rasayan & Infosys on Thursday for up to 10% gains

Benchmark indices fell for a third straight session, pressured by banks and financials ahead of the RBI policy. Technical indicators show weakening momentum, with Nifty slipping below the 21EMA. Analysts expect a bearish-to-sideways trend, while Anupam Rasayan and Infosys emerged as top buy ideas.

3 Dec 2025 8:34 pm
NephroPlus announces IPO launch on December 10. Check key details

Nephrocare Health Services IPO opens December 10 with a fresh issue and OFS totaling significant funds. Proceeds will support new dialysis clinics, debt repayment, and expansion. Indias largest dialysis network, NephroPlus operates 519 clinics globally and reported strong financial growth in FY25.

3 Dec 2025 8:32 pm
US stocks open lower as investors assess data, Microsoft falls

Wall Street's main indexes opened lower on Wednesday, as investors assessed data pointing to a weak jobs market, while Microsoft fell after a report said the tech giant lowered its sales growth targets for certain artificial intelligence products.

3 Dec 2025 8:09 pm
Bank of Maharashtra OFS oversubscribed, govt mops up Rs 2,492 cr

With the oversubscription of the offer-for-sale (OFS) of state-owned Bank of Maharashtra, the government is expected to realise about Rs 2,492 crore by diluting its 6 per cent stake in the bank.

3 Dec 2025 7:25 pm
Cupid among 5 stocks hit 52-week highs; gains up to 51% in a month

Five small-cap stocks, including Cupid, surged to new 52-week highs despite a muted market, posting strong monthly gains of up to 51%.

3 Dec 2025 5:30 pm
Gainers & Losers: Indian Bank, Infosys among 5 stocks in spotlight on Wednesday

D-Street extended their losing streak as banks, autos and FMCG stocks fell under pressure on rupees record slide. Indian Bank, Angel One and key auto stocks declined, whereas Infosys and DOMS saw strong buying interest.

3 Dec 2025 5:14 pm
NephroPlus set to launch IPO open on Dec 10; eyes Rs 353-cr via fresh issue

Dialysis services provider Nephrocare Health Services Ltd, known for its brand NephroPlus, is set to launch its initial public offering, comprising fresh issue of shares worth a little over Rs 353 crore, on December 10.

3 Dec 2025 5:08 pm
Rupee's destiny is to depreciate and 90/US dollar is new normal: Nilesh Shah

The destiny of the rupee is to depreciate further, and the 90-per-dollar mark breached on Wednesday is the new normal for the Indian currency, a senior financial services executive said on Wednesday.

3 Dec 2025 5:04 pm
Manipal Hospitals said to file $1 billion India IPO in January

Manipal Health Enterprises is preparing to file for a $1 billion IPO in January, aiming for a valuation of up to $13 billion, which could make it Indias most valuable hospital chain. Backed by Temasek, the company has grown rapidly through acquisitions and is working with major banks to launch the countrys biggest hospital-sector listing.

3 Dec 2025 5:01 pm
Pine Labs Q2 Results: Co swings to black, logs profit of Rs 6 crore, revenue jumps 18%

Pine Labs Q2 Results: Payment solutions company Pine Labs swung back to black in the September-ended quarter, reporting a consolidated net profit of Rs 6 crore versus a loss of Rs 32 crore in the year-ago period.

3 Dec 2025 5:00 pm
Vidya Wires IPO subscribed 2.3 times on Day 1 so far. Check GMP & other key details

Vidya Wires Rs 300-crore IPO received strong investor interest on Day 1, getting subscribed more than 2 times, driven by robust retail and NII demand. Shares of the company were seen trading at a GMP of nearly 13, as per the latest update. Competitively priced versus peers, the companys strong financials and sector demand make it an attractive long-term consideration.

3 Dec 2025 4:47 pm
Address Maker ties up with AI Growth for Rs 200-cr funding to expand business

Realty firm Address Maker has tied up with AI Growth for Rs 200 crore capital to expand its business.

3 Dec 2025 4:33 pm
NSE empanels Tradetron: A big step in Indias evolving algo trading landscape

The National Stock Exchange has authorized Tradetron for algo-trading technology. This move supports India's growing systematic trading. Algorithmic trading is becoming accessible to retail investors. SEBI is ensuring transparency and supervision for automated strategies. This development levels the playing field between retail traders and institutions. It promotes disciplined and systematic trading practices.

3 Dec 2025 4:28 pm
Market Wrap: Sensex slips 31 pts, Nifty below 26,000 as D-St falls for 4th day; rupee sinks to fresh record low

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.

3 Dec 2025 3:48 pm
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.

3 Dec 2025 3:40 pm
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.

3 Dec 2025 3:40 pm
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.

3 Dec 2025 3:14 pm
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.

3 Dec 2025 3:01 pm
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.

3 Dec 2025 2:34 pm
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.

3 Dec 2025 2:21 pm
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.

3 Dec 2025 2:18 pm
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.

3 Dec 2025 2:15 pm
Embassy REIT acquires 3 lakh sq ft office property in Bengaluru for Rs 852 cr

Embassy REIT owns and operates a 50.8 million square feet portfolio of 14 office parks in Bengaluru, Mumbai, Pune, Delhi-NCR and Chennai. The portfolio comprises 40.9 million sq ft of operational area.

3 Dec 2025 2:09 pm
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.

3 Dec 2025 2:02 pm
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.

3 Dec 2025 2:01 pm
Infosys, TCS, Wipro and other IT stocks rise up to 2% after rupee sinks to new low. What's driving the move?

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.

3 Dec 2025 1:54 pm
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.

3 Dec 2025 1:42 pm
Uday Kotak on rupee @ 90: Foreign investors pulling out money appear smarter now, but game isn't over

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.

3 Dec 2025 1:18 pm
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.

3 Dec 2025 12:37 pm
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.

3 Dec 2025 12:30 pm
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.

3 Dec 2025 12:26 pm
Global memory-chip shortage sends prices soaring, strains tech industry

A global memory-chip shortage is disrupting the tech sector as AI firms, smartphone makers, and electronics companies battle for limited supplies. Prices for DRAM, flash, and HBM have surged, squeezing inventories and pushing up consumer device costs. Experts warn the crunch may persist until 2027, delaying major digital infrastructure projects.

3 Dec 2025 12:18 pm
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.

3 Dec 2025 11:57 am
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.

3 Dec 2025 11:44 am
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.

3 Dec 2025 11:42 am
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.

3 Dec 2025 11:34 am
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.

3 Dec 2025 11:28 am
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.

3 Dec 2025 11:20 am
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.

3 Dec 2025 11:18 am
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%.

3 Dec 2025 11:08 am
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.

3 Dec 2025 11:04 am
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.

3 Dec 2025 10:58 am
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.

3 Dec 2025 10:57 am
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.

3 Dec 2025 10:54 am
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.

3 Dec 2025 10:32 am
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.

3 Dec 2025 10:30 am
Rupee collapses beyond 90 per USD for first time ever: What this means for D-St investors

The Indian rupee weakened past the 90-per-dollar mark for the first time ever, reaching 90.13 on Wednesday a new record low. This follows five straight days of decline, despite efforts by the Reserve Bank of India to intervene. The fall reflects ongoing weakness in capital inflows, strong demand from importers, and uncertainty over a US-India trade deal.

3 Dec 2025 10:29 am