The Economic Times News

Ola Electric founder Bhavish Aggarwal has sold shares worth Rs 142 crore. This follows a Rs 92 crore sale a day earlier. The transactions aim to repay a promoter loan. Despite assurances, the stock has hit fresh lows. Ola Electric faces slowing demand and financial losses. The company's market share has also declined.

Indian markets fell for a third straight session as mixed US data, Fed rate uncertainty and lack of progress on a US-India trade deal weighed on sentiment, keeping Nifty below key averages and reinforcing a short-term bearish bias despite selective sectoral support

Nifty extended losses for a third session, remaining below the 21 EMA with weak breadth and bearish momentum indicators. Analysts warn of further downside if support breaks, while recommending NALCO and Canara Bank as technically strong buy candidates

The rupee snapped a five-day slide to post its strongest one-day gain in two months, rising 65 paise to 90.38 per dollar, amid suspected RBI intervention, heavy dollar selling by public banks, thin trading volumes and reassurance from strong forex reserves

Goldman Sachs bought Akzo Nobel India shares worth Rs 106 crore via a bulk deal after promoter Imperial Chemical Industries sold a large stake, triggering a sharp stock fall despite strong quarterly profit growth and subdued operating performance indicators

The government on Wednesday decided to exercise green shoe option to divest a higher 3 per cent stake in Indian Overseas Bank through offer-for-sale following overwhelming response from investors on the first day of subscription.

Wall Street's main indexes were subdued at the open on Wednesday as investors searched for fresh clues to gauge the outlook for monetary policy, while caution lingered following reports of funding hurdles for Oracle's data center plans.

Sebi has deferred a decision on tightening conflict-of-interest norms for its leadership, citing the need for deeper deliberations on a high-level panels recommendations amid stakeholder feedback, governance concerns and questions over implementation of stricter, enforceable ethical standards

Sebi has approved the Securities and Exchange Board of India (Stock Brokers) Regulations, 2025, replacing the 1992 framework to modernise broker regulation, simplify compliance, remove redundancies and align norms with evolving market practices and technological advancements

Sebi approved reforms to simplify IPO rules, tightening enforcement of non-promoter share lock-ins and introducing early-stage abridged prospectuses to improve transparency, investor understanding and post-listing supply discipline, while reducing compliance friction and streamlining fundraising timelines for issuers

Capital markets regulator Sebi has revised the base expense ratio (BER) of mutual funds across categories in a board meeting, according to ET Now. The regulator's board approved separation of all statutory levies from the base expense ratio such as securities transaction tax (STT), GST and stamp duty.

Capital markets regulator Sebi has revised the base expense ratio (BER) of mutual funds across categories in a board meeting, according to ET Now. The regulator's board approved exclusion of all statutory levies from the base expense ratio such as securities transaction tax (STT), GST and stamp duty.

Monarch Networth Capital has launched its first Portfolio Management Services scheme, strengthening its full-stack financial services platform and expanding beyond broking and AIFs with a research-driven, value-focused investment strategy aimed at long-term wealth creation

Markets regulator Sebi has settled a case of regulatory non-compliance with National Securities Depository Ltd (NSDL), with the depository paying Rs 15.57 crore to close proceedings linked to lapses found during an inspection in FY24.

Despite a 120-point decline in the Sensex amid broader market weakness, six BSE 500 stocks scaled fresh 52-week highs, signalling stock-specific strength and underlying bullish momentum.

The Indian rupee rebounded sharply on Wednesday, posting its strongest single-day gain in two months after decisive RBI intervention halted a five-session slide. The currency closed at 90.38 per dollar, recovering from record lows near 91, as aggressive dollar sales by state-run banks curbed speculative pressure despite persistent headwinds from capital outflows and stalled U.S.India trade talks.

Indian benchmarks fell for a third straight session as autos, financials and FMCG stocks dragged markets. Nifty slipped 0.16% amid sharp stock-specific moves across gas, metals, banking, IPOs and chemicals stocks.

Indias 8%+ growth is a dream rate globally, but sustaining it will require continued reforms, job creation and skill development, according to Harvard economist Gita Gopinath. She highlights the role of infrastructure, GST reforms as well as digital public platforms in helping India navigate global trade tensions and geoeconomic uncertainty.

Several NSE midcap stocks are trading at trailing P/E ratios significantly above their respective industry averages, reflecting premium valuations driven by growth expectations, while also raising concerns about potential overvaluation.

Saurabh Mukherjea revisits the investing philosophy of Sir John Templeton to argue that global diversification, contrarian investing and emotional discipline remain timeless principles, particularly relevant for Indian investors navigating behavioural biases and home-country concentration.

Indias rising geoeconomic influence is built on strong economic growth, deep domestic capital pools and a rapidly expanding digital and physical infrastructure, says IDFC First Bank CEO V Vaidyanathan. He highlights low inflation, high growth, robust financial systems and digital ecosystems as key enablers powering investment, financial inclusion and Indias global economic standing.

Meesho has emerged as Indias best-performing large IPO of 2025, rallying nearly 95% since listing and adding Rs 47,000 crore in investor value. Backed by UBSs Buy rating, the e-commerce platforms asset-light model, strong cash flows, and rapid user growth position it for long-term expansion in Indias booming online market.

British house prices in October were 1.7% higher than a year earlier, the smallest annual rise since September 2024 and down from a downwardly revised increase of 2.0% in September, data from the Office for National Statistics showed on Wednesday.

Sebi has initiated proceedings to recover dues of Rs 18.14 crore from Mohd Nasiruddin Ansari, popularly known as 'Baap of Chart', Rahul Rao Padamati and Golden Syndicate Ventures for carrying out unregistered investment advisory activities.

The Indian rupee soared on Wednesday to post its best one-day gain in two months as heavy-handed intervention by the Reserve Bank of India halted its five-day long slide and blunted budding speculative pressure against the currency.

Market strategist Jim Walker expresses astonishment at foreign investors selling Indian equities, deeming it a madness given India's status as the world's fastest-growing major economy. He believes recent selling is profit-taking, with investors likely to regret overlooking India's long-term fundamentals and domestic growth drivers.

Kotak Institutional Equities upgraded Vedanta to Buy after NCLT approved its demerger, raising the target price to Rs 650 and citing strong commodity prices, improving balance-sheet outlook and robust earnings growth potential through FY28

Indian equities ended lower for a third straight session as uncertainty over the U.S. Federal Reserves rate outlook and lack of progress on a U.S.India trade deal weighed on sentiment. The Sensex and Nifty slipped marginally, while mid- and small-cap stocks saw sharper losses despite support from PSU banks and RBI-led rupee stabilisation.

BIRC 2025 saw policymakers and business leaders discussing how India can leverage its rice exports and look at adopting best practices to increase yields

MCX zinc prices gained over 1% on Wednesday amid tight inventories, weak dollar and supportive rupee movement. Analysts remain bullish, citing constrained supply and mine shutdowns in China. Technical indicators suggest buying on dips, with a near-term upside of about 7% and resistance seen near Rs 326 per kg.

Strong domestic liquidity for quality IPOs was evident as ICICI Prudential AMCs Rs 10,600 crore issue drew bids worth over Rs 3 lakh crore, said Gurmeet Chadha of Complete Circle Consultants. Despite muted markets, he sees a long growth runway for capital market businesses, including AMCs, exchanges and digital broking platforms.

Silver prices hit record highs in India and globally, driven by rate-cut expectations, strong industrial demand, supply deficits and safe-haven flows, with the metal outperforming gold, topping crude oil prices and maintaining a bullish medium-term outlook amid broader macroeconomic shifts

AI's ambitious spending faces a funding crunch, shifting from internal cash to debt, raising investor concerns. Experts highlight energy and skilled labour shortages as the real hurdles, not technology itself. This reality may redirect investment from US tech giants towards infrastructure, power sectors, and emerging markets like China and India, promising sustainable returns.

Midcaps and smallcaps are turning attractive after a 14-month consolidation as earnings rebound and growth-adjusted valuations improve, according to Helios MF CEO Dinshaw Irani. He believes retail caution and not weak fundamentals, is holding smallcaps back, and further expects financialsespecially consumer-facing banksto lead the next market rally once margins stabilise.

Despite a challenging 2025 for Indias microcap segment, several stocks delivered stellar returns, with 18 rising over 50% and two becoming multibaggers. Lumax Auto Technologies, Gabriel India, and CarTrade Tech were among the top performers in the Nifty Microcap 250 Index.

Morgan Stanley expects Reliance Industries to see rating upgrades every quarter in 2026 as its energy, retail and telecom businesses turn free cash flow positive. The brokerage has reiterated an overweight rating with a Rs 1,847 target, citing a refining upcycle, retail recovery, telecom cash flows and a chemicals turnaround.

Indias InvIT and REIT distributions surged in Q2 FY2026, led by strong performance in REITs and road assets. Both public and private trusts reported robust quarter-on-quarter and year-on-year growth, supported by healthy operating metrics and new listings.

ICICI Prudential AMC has received its first buy rating ahead of listing, with PL Capital setting a Rs 3,000 target, implying 39% upside from the IPO price. The brokerage cites strong parentage, market-leading equity flows, consistent fund performance and superior profitability as key drivers for long-term growth.

Oil prices rose more than 1% on Wednesday after U.S. President Donald Trump ordered a total and complete blockade of all sanctioned oil tankers entering and leaving Venezuela, raising fresh geopolitical tensions at a time of concerns over demand.

Vietnam's State Treasury raised 13.55 trillion dong ($514 million) in a weekly government bond auction on Wednesday, the highest volume in six months and up from $302 million raised last week.

Japan's Nikkei share average closed higher, rebounding from a two-week low hit in the previous session, as technology stocks tracked overnight gains on the Nasdaq.

PSU banks have emerged as the top performers in 2025, with the Nifty PSU Bank Index rising over 26%, far ahead of the broader market. Strong earnings, improved asset quality and attractive valuations have driven gains, though performance remains uneven across lenders. Analysts see momentum sustaining over the next few quarters.

The Indian rupee saw a sharp intraday reversal after the RBI intervened aggressively to curb its fall, highlighting fragile market sentiment. Heavy dollar selling by the central bank pushed the rupee from near 91 to an intraday high of 89.75 per dollar before it settled around 90.28.

India's real estate market is undergoing a digital transformation. Tokenized property ownership allows investors to buy small fractions, making real estate accessible to more people. Platforms like Alt DRX are simplifying investment processes, offering transparency and liquidity. This innovation is set to unlock significant growth, democratizing wealth creation through property for millions across the nation.

After a muted listing below its issue price, Park Medi World shares rebounded strongly, crossing the IPO price as investor interest returned, with experts advising a medium-to-long-term holding approach.

Indian Overseas Bank shares fell 4% to Rs 35 on December 17 as its offer for sale (OFS) opened with a 7% discount. The government aims to divest up to 3% stake, with retail investors able to bid from December 18. The OFS floor price is Rs 34, valuing the offer at over Rs 1,964 crore.

Indias residential real estate delivered a robust 15% total return over the past year, driven by infrastructure-led development and improved connectivity in major cities. Despite rising unsold inventory, end-user demand and peripheral market growth support stable, long-term gains, positioning housing as a strong-performing, inflation-beating asset class.

India's Insurance Act Amendment Bill, 'Sabka Bima Sabki Raksha,' aims for a structural overhaul of the insurance sector, including amendments to the LIC Act. The bill's omission of open architecture for individual agents is seen as a relief for LIC, which relies heavily on its agent network.