SENSEX
NIFTY
GOLD
USD/INR

Weather

image 22    C

News

Markets / The Economic Times

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
Apis India 24:1 bonus shares: Company sets record date on Friday

Apis India announces a 24:1 bonus issue on 5th December as the stock hits its 5% upper circuit amid strong 12-month and five-year returns. The company reported a 5.5% YoY rise in quarterly net profit.

3 Dec 2025 10:26 am
Narendra Solanki prefers Aptus over Bajaj Housing, betting on PSBs, not private banks; here's why

Market outlook turns favourable for PSBs, with analysts seeing stronger upside than private banks ahead of the RBI policy. Anand Rathis Narendra Solanki prefers Aptus Value Housing in housing finance, Union Bank and Indian Bank among PSBs, and Vishal Mega Mart over Trent in retail. Heres the full breakdown of his sector strategy and stock preferences.

3 Dec 2025 10:22 am
AU SFB's 64% returns makes it a Nifty Bank champion. Why analysts still back it as a tech play & long-term bet

AU Small Finance Bank leads the Nifty Bank with 64% returns, boosted by RBI's in-principle nod for universal bank status. Analysts see it as a tech play and long-term bet, with mutual funds increasing their stake. The stock shows a bullish trend, with potential for further upside.

3 Dec 2025 10:17 am
Gold prices steady at Rs 1.30 lakh. Will it break above the Rs 1.31 lakh resistance, given the cautious global cues?

In Delhi, 24-karat gold held steady at 1,30,770 per 10 grams, while 22-karat gold remained flat at 1,19,890 per 10 grams. Retail 24K gold was 13,099.06 per gram, and silver was quoted at 180.62 per gram.

3 Dec 2025 10:12 am
ICICI Bank, Infosys among 20 stocks that will ride India's 2026 rally: Nomura

Nomura anticipates a significant rally in Indian equities by 2026, projecting the Nifty 50 to reach 29,300. The brokerage highlights stable macros, geopolitical calm, and a cyclical recovery as key drivers. Nomura has identified 20 stocks across sectors like financials, IT, and consumer discretionary poised to benefit from this upswing.

3 Dec 2025 9:55 am
KPI Green Energy shares in focus after winning 142 MW floating solar EPC contract from GSECL

KPI Green Energy shares: KPI Green Energy has secured a major EPC contract from GSECL to develop a 142 MW floating solar project at the Kadana Dam in Gujarat, strengthening the companys position in large-scale renewable infrastructure.

3 Dec 2025 9:49 am
Meesho, Aequs or Vidya Wires? Analysts' top IPO pick is not the one with highest GMP

Analysts favor Aequs as the top IPO pick for long-term investors, citing its balance of growth, clarity, and valuation. While Meesho leads in unofficial market buzz with a higher GMP, Aequs offers tangible visibility to profitability within 12-24 months, making it a pragmatic choice for steady investors.

3 Dec 2025 9:39 am
Sensex falls over 250 pts, Nifty below 25,950 as D-Street loses momentum near record peaks

Indian equities opened lower on Wednesday, extending a three-session slide as investors adopted a cautious stance near record highs. Both the Sensex and Nifty edged down, with market sentiment guarded ahead of the Reserve Bank of India's interest-rate decision and policy cues due Friday.

3 Dec 2025 9:34 am
Sun Pharma shares in focus after board approves Rs 3,000 crore investment

Sun Pharma's subsidiary will invest Rs 3,000 crore in a new manufacturing facility in Madhya Pradesh. The company also launched its innovative drug Ilumya in India. Despite a premium valuation, technical indicators suggest a generally bullish trend for the stock.

3 Dec 2025 9:30 am
Rupee falls to 90/USD on persistent outflows, trade deal limbo

The Indian rupee has fallen below the significant 90 mark against the U.S. dollar. This marks a continuation of its recent struggles. Weak trade and investment flows are contributing factors. Concerns about a stalled trade deal with Washington are also weighing on the currency. The rupee reached a new all-time low on Wednesday.

3 Dec 2025 9:10 am
Why a weak rupee could be Indias hidden strength: LotusDew CEO on global market shifts

Despite India's strong 8.2% GDP growth, markets showed muted reaction as optimism was largely priced in. Geopolitical tensions and trade uncertainties are keeping investors cautious, while a weaker rupee benefits exporters but poses inflation risks. Infrastructure, pharma, and IT services are identified as key sectors to watch.

3 Dec 2025 9:00 am
IndiGo shares in focus as InterGlobe Aviation faces Rs 117 crore tax penalty

InterGlobe Aviation, the parent of IndiGo, disclosed receiving a Rs 117.52-crore penalty order from the CGST authorities for alleged wrongful input tax credit claims for FY19 and FY22. The company maintains the order is erroneous and plans to contest it, asserting no material impact on its financials. IndiGo shares fell 1.6% as investors awaited clarity on the dispute.

3 Dec 2025 8:56 am
Yes Bank among 4 midcap stocks showing bullish RSI upswing

4 stocks were highlighted in the RSI Trending Up scan, based on data from StockEdge.

3 Dec 2025 8:51 am
Emmvee Photovoltaic and four other stocks flash bullish signals

A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest for the period and the closing price is the highest.

3 Dec 2025 8:45 am
Canara Bank shares in focus after Rs 3,500-crore Basel III additional tier-1 bond issue

Canara Bank successfully raised Rs 3,500 crore through a new issuance of Basel III-compliant Additional Tier I bonds. The perpetual, unsecured bonds offer a 7.55% annual coupon and were fully subscribed, reflecting strong investor demand. This capital infusion is set to bolster the bank's core capital, enhancing its financial resilience and potentially influencing investor sentiment.

3 Dec 2025 8:22 am
Maruti Suzuki shares in focus after unveiling of first-ever electric SUV e-Vitara

Maruti Suzuki is entering the electric vehicle market with its new e-Vitara SUV. The company has also launched a unified charging platform. This platform connects home and public charging stations. Maruti Suzuki has partnered with 13 charge point operators. They aim to provide access to over one lakh charging points by 2030.

3 Dec 2025 8:20 am
Oil prices fall on weak demand as markets await Ukraine peace effort for supply signs

Oil prices dipped for a second day as peace talks between Russia and the US stalled, raising doubts about sanctions relief and increased supply. Geopolitical tensions persist with Ukrainian drone attacks on Russian oil infrastructure, while rising US inventories further fuel concerns of a global crude surplus. Market watchers eye upcoming official data for more clarity.

3 Dec 2025 8:17 am