Markets / The Economic Times
Indias residential real estate momentum remains strong, with listed developers continuing to outperform the broader market. Kotak Securities says top players such as DLF, Godrej Properties, Sobha and Prestige are benefiting from steady demand, healthy inventory and disciplined launches.
Ather Energy's quiet listing has delivered impressive returns. Promoters Tarun Sanjay Mehta and Swapnil Babanlal Jain have seen their wealth skyrocket by 3,220%. The stock has surged 116% over its issue price, outperforming many other IPOs. Analysts are optimistic about Ather's future market share growth and profitability improvements.
Dubais rise as a global wealth hub is transforming where the worlds richest choose to live and build their futures. With a tax-free system, world-class connectivity, unmatched safety and exceptional family infrastructure, it attracts entrepreneurs and HNWIsespecially Indiansseeking stability, opportunity and long-term residency. Its modern lifestyle and real estate make Dubai a magnet for mobile global wealth.
New-age tech IPOs on Dalal Street in 2025, including Urban Company and Ather Energy, have delivered significant gains, with some more than doubling. Despite initial rallies, recent pullbacks are attributed to profit booking and reassessment of valuations amid macro headwinds. Investors are now focusing on fundamentals like profitability and sustainable growth.
Gold and silver prices fell on Friday as fading expectations of a U.S. rate cut weighed on sentiment. Fed minutes showed policymakers were split on further easing, with inflation still above target and concerns about weakening jobs data. Traders now see only a 30% chance of a December rate cut. On MCX, gold slipped 0.3% while silver dropped 1.5%.
India's primary market saw a record Rs 90,000 crore raised through 61 IPOs in 90 days. Despite strong subscriptions, many new listings delivered poor returns, with nearly half trading below their issue price. Analysts note a shift towards valuation sensitivity, with retail favorites underperforming.
A 5-year swing high represents the highest price a stock has reached within a five-year period.
Infosys Rs 18,000-crore buyback offers small shareholders potential short-term gains and a psychological price floor as the IT major navigates weak demand. Analysts see limited operational impact but expect improved sentiment, stronger shareholder returns and support for valuations as the company leverages strong fundamentals, steady cash flows and long-term technology spending trends.
Indian stocks are showing strong recovery, nearing all-time highs. Global brokerages like Goldman Sachs, Morgan Stanley, and HSBC are issuing bullish reports, forecasting substantial growth for Sensex and Nifty by 2026. This optimism stems from policy shifts, improving earnings, foreign investor re-entry, justified valuations, and domestic market strength. India is seen as a compelling investment opportunity.
India is set for a massive power sector expansion aiming for 500 gigawatts of renewable capacity by 2032. This presents significant opportunities for generators, transmitters, EPC players, and financiers. Companies like NTPC and Power Grid are well-positioned. Demand for storage and data centres will benefit firms like ABB and Cummins. Financiers offer long-term value due to project gestation periods.
Capillary Technologies India shares debuted on Friday with a slight discount to their IPO price. The company's initial public offering saw robust demand from institutional and retail investors. Capillary Technologies is a prominent SaaS firm specializing in customer loyalty and CRM solutions. The company has recently achieved profitability after a period of losses.
Quantum AMCs George Thomas says Indias markets may finally be turning a corner as tax cuts, soft inflation, and early demand revival boost earnings visibility. Largecaps, IT, banks, insurance, and select logistics and hospitality names are emerging as key opportunities. With valuations normalizing and discretionary spending stabilizing, Quantum expects stronger growth and improved market performance ahead.
Billionbrains Garage Venture, parent of online brokerage Groww, saw its shares rebound 6% on Friday, recovering from a prior 17% tumble. Despite strong fundamentals like high margins and scalability, analysts suggest valuations are stretched, premium to peers. Regulatory tightening in the F&O segment poses a potential margin risk.
Adani Group has fully exited Adani Wilmar Ltd. The conglomerate sold its final stake in a block deal. Domestic and international institutional investors bought the shares. Wilmar International is now the sole promoter of Adani Wilmar. This move removes uncertainty and concentrates ownership. The company now enters a new phase as an MNC-controlled entity.
Indian stock markets opened lower on Friday. The Sensex and Nifty paused their recent gains. This comes after a global market downturn. Investors are reacting to U.S. jobs data. The data has created uncertainty about future interest rates. Despite this dip, Indian benchmarks are still close to record highs.
Indian healthcare is entering a new growth cycle, with hospitals and CDMO players expected to deliver strong 20% EBITDA CAGR, while large generic pharma companies may face earnings pressure by FY27, says JM Financials Amey Chalke. Despite tariff concerns, Indias pharma exports, China+1 momentum, and value-added product shift continue to provide strong structural tailwinds for the sector.
RIL share price: RIL shares are in focus after the company halted Russian crude at its Jamnagar SEZ refinery ahead of EU sanctions. The transition to non-Russian crude for all exports starting December 1 was completed ahead of schedule. RIL, Indias largest buyer of Russian oil, continues to honor pre-committed cargoes, while its stock remains in a bullish trend despite an overbought technical signal.
PGIM India Asset Management suggests disciplined multi-asset investing for current market volatility. The PGIM India Multi-Asset Allocation Fund aims to balance upside participation with downside protection. It combines equities, fixed income, and precious metals. The fund focuses on quality and growth in equities, with a domestic outlook for sectors like consumer discretionary and financials.
Indias telecom sector is entering a multi-year growth cycle driven by strong ARPU expansion, consolidation, and easing capex, says JM Financials Dayanand Mittal. Bharti Airtel and Reliance Jio are set to dominate as free cash flows surge. Meanwhile, upstream oil companies like Oil India and ONGC emerge as top picks amid attractive valuations and strong production growth despite soft crude prices.
Excelsoft Technologies Rs 500-crore IPO has entered its final bidding day with strong traction, recording 6.89 times subscription by Day 2. Investors bid for 21.14 crore shares against 3.07 crore on offer. The GMP has eased to 11.7%, implying a potential listing near Rs 134. The issue includes a Rs 180-crore fresh issue and a Rs 320-crore OFS.
Kotak Mahindra Banks board meets today to consider a stock split, a move aimed at boosting liquidity and making shares more affordable. The lender has a history of stock splits and bonus issuances, including a previous split in 2010 and a 1:1 bonus in 2015.
Mahindra & Mahindra (M&M) shares are poised for attention following robust investor day guidance. The company targets 15-40% organic revenue CAGR between FY26-FY30, with a strong focus on exports and a new SUV lineup. Analysts remain optimistic, reiterating Buy and Overweight ratings with significant upside potential projected.
Seven Nifty50 stocks showed building strength on 20 November as their RSI levels moved above 50. This shift signals improving momentum and early bullish interest, offering traders timely cues for identifying emerging opportunities in a developing uptrend.
Morgan Stanley has abandoned its prediction of a December Federal Reserve rate cut following a robust September jobs report. The economy showed resilience with 119,000 non-farm payroll additions, though the unemployment rate climbed to a four-year high. The bank now anticipates rate cuts in January, April, and June 2026.

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