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Elections 2025Markets / The Economic Times
ICIL offloaded 34.3 million Airtel shares worth Rs 7,200 crore to long-term institutional investors, cutting its stake below 1%. The sale saw strong global interest and came at a slight discount to market price.
Nifty surged past 26,200, reversing a three-day losing streak on broad-based buying. Analysts signal renewed bullish momentum, highlighting key support levels and upside targets while recommending L&T Finance and Man Industries for short-term gains
Wall Street's main stock indexes opened higher on Wednesday, as investors parsed through a fresh batch of economic data and cemented expectations the Federal Reserve could cut interest rates in December.
Whirlpool Mauritius plans to offload up to 7.5% stake in Whirlpool of India via a block deal at a steep discount. The stock continues to underperform, trading in oversold territory after weak Q2 earnings and year-long declines amid sector-wide gains.
The market heavyweight stock went up by 1.99 per cent to settle at Rs 1,569.75 on the BSE. During the day, the stock rallied 2.12 per cent to Rs 1,571.80 -- its 52-week high.
Benchmark indices jumped on strong sectoral support from financials, energy, IT and autos, while stocks such as Swaraj Suiting, MCX, Reliance Power, Gallard Steel, Natco Pharma, Bharti Airtel and Chennai Petroleum saw major action driven by news flows and market sentiment.
Currently, applicants are required to hold a graduate or postgraduate degree in finance-related fields such as Finance, Business Management, Commerce, Economics, or Capital Markets to be eligible for registration.
On the day, the benchmark 10-year yield settled at 6.4934%, its lowest since November 12. It ended at 6.4984% on Tuesday. Bond yields rise when prices fall.
Nine BSE 100 stocks, including AU Small Finance Bank and Axis Bank, surged to new 52-week highs on Wednesday amid a strong 1,022-point Sensex rally.
Crypto derivative exchanges exist in regulatory limbo. A bit like Schrdinger's catneither fully regulated nor unregulated. This ambiguity is being exploited in dangerous ways. By the way, I am not referring to the actual buying and selling of cryptocurrency, Kamath said in a tweet on Wednesday .
The initial public offering (IPO) will conclude on December 3, and the bidding for anchor investors will open for a day on November 28, Mumbai-based Ravelcare said in a statement
Indias healthcare and life sciences sector has surpassed its Covid-era fundraising peak, with inflows crossing Rs 62,432 crore, says Equirus. Strong market performance, soaring ECM activity in pharma, and larger M&A deals are driving the surge, with FY26 fundraising already exceeding Rs 72,440 crore.Indias healthcare and life sciences sector has surpassed its Covid-era fundraising peak, with inflows crossing Rs 62,432 crore, says Equirus. Strong market performance, soaring ECM activity in pharma
Prabhudas remains more bullish on the largecaps, picking 11 stocks to buy from this pool. Meanwhile, in the mid and smallcap segments 7 scrips find a place taking the overall count of preferred picks to 18
Swaraj Suitings Rs 103-crore preferential issue has drawn marquee interest from cricketers Rohit Sharma and Tilak Verma, who are among the proposed allottees. The smallcap multibaggerup nearly 900% in three yearsis also planning a large warrant issuance and higher borrowing limits as it gears up for its next phase of expansion.Excerpt: Swaraj Suitings Rs 103-crore preferential issue has drawn marquee interest from cricketers Rohit Sharma and Tilak Verma, who are among the proposed allottees. The
Growing expectations of a December rate cut by the U.S. Federal Reserve helped boost global equities, with India's benchmark equity indexes, the BSE Sensex and Nifty 50 , posting gains of more than 1% - the most in a day since June
Indias market is entering a new earnings-led cycle, says InCred AMs Aditya Sood. With Nifty earnings expected to grow 1012% and midcaps set to outperform, sectors like PSU banks, NBFCs, CDMO pharma, metals and hospitals look attractive. Sood warns of an AI-led bubble in US markets and expects global money rotation to favour India in 202527.
Mutual funds reduced holdings in 79 BSE small-cap stocks in Q2 FY26 after two quarters of accumulation, reflecting selective caution as several stocks fell sharply even as others delivered over 50% returns, signalling widening market divergence
Kaynes Technologys sharp correction hasnt deterred brokerages, which remain upbeat on long-term prospects, citing strong order visibility, improving working capital plans, major capex-led expansion and growth drivers across EV, smart meters, aerospace and OSAT segments despite near-term challenges.
Saurabh Mukherjea says Trents sharp correction is driven by a clear slowdown in same-store sales growth amid a broader consumption slump. He warns that new labour laws will raise employer costs by 12% and that rapid automation and AI pose a bigger structural threat to Indias job market. Marcellus remains bullish on Trent, Asian Paints and healthcare names like Vijaya Diagnostics and Narayana Health.
JP Morgan has predicted Brent crude could drop to $30 by FY27, a nearly 50% fall. Lower oil prices are likely to ease Indias import bill, improve the current account, and boost profits for airlines, tyre makers, and paint companies. However, upstream players like ONGC could face margin pressures amid global oversupply.
The crypto market is consolidating, with Bitcoin hovering near $87,000 and Ethereum below $3,000. While some altcoins saw gains, others slipped, and the global market cap dipped slightly. Experts anticipate a consolidated bullish week ahead, with Bitcoin potentially attempting to reach $88,000 again.
Saurabh Mukherjea says Indias consumption revival is already visible, with Q3 likely to deliver the strongest Nifty earnings in over two years. He argues the middle class needs another 100 bps of rate cuts and higher tax relief, funded by moderating capex. Mukherjea remains bullish on Trent and expects broader earnings to improve as consumption-led growth strengthens through 2026.
The Indian paint industry is experiencing a significant shift with surging demand and a new major competitor. While the newcomer initially employed aggressive tactics, its revenue has plateaued, prompting a move towards rational competition. Established players, particularly Asian Paints, are responding with increased advertising and dealer engagement, positioning them well for future growth.
Due to non-standardization of documents and different approaches followed by RTAs/listed companies, investors feel the pain of going for varied documentation for various listed companies, Sebi noted.
The yield guidance for its 7.5-year yuan-denominated OFZ government bonds has been set at no higher than 7.5%, the source said
The uptake was also lower, with 43% of the bonds on offer sold, compared with 66% last week, according to a Hanoi Stock Exchange filing.
Nykaa shares have surged nearly 76% from their March 2025 low and are now trading close to a 52-week high, reaching their strongest levels in over three years. The rally has lifted its market cap to about 77,200 crore.
According to a filing by Ronesans Gayrimenkul Yatirim on the Turkish stock exchange platform, 15 million shares were sold at a price of 140 lira per share. Upon completion of the transaction GIC's stake will decline to 13.85% from 18.38%.
Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the U.S. Federal Reserve to implement its third and final rate cut of the year in December, while softness in the tech sector limited the Nasdaq's gains.
The pan-European STOXX 600 closed up 0.91% at 568.01. Major regional bourses also ended higher, with Germany's DAX and France's CAC up 1% and 0.8%, respectively.
Nuvama Research has initiated coverage on Premier Energies with a BUY rating, citing strong growth prospects in Indias expanding New Energy ecosystem. Backward integration, rising capacities, supportive policies, and robust cash flows position the company for sustained expansion. Despite medium-term margin pressures, Premier remains well placed to benefit from sectoral tailwinds and emerging technologies.
Canara and ICICI Bank are set to raise a combined Rs 7,500 crore through AT1 and Tier-2 bonds this week. ICICI targets Rs 4,000 crore, while Canara plans Rs 3,500 crore, aiming to maintain strong capital adequacy and bolster long-term financial stability.
Natco Pharma shares surged on Wednesday, bouncing back from a three-day decline that followed a US FDA inspection of its API manufacturing facility in Manali, Chennai, conducted from November 1721, 2025. The inspection flagged seven Form-483 observations, which the company termed procedural and manageable.
India's primary market is attracting significant retail investment, with some IPOs seeing massive subscriptions. While venture-funded companies are listing at high valuations, potentially disappointing investors, reasonably priced IPOs still emerge. The quick commerce sector shows high potential but requires conviction, and innovative retailers like Unicommerce are noteworthy, alongside strong performers in the jewellery segment.
Reliance Power and Reliance Infrastructure saw strong intraday gains despite both stocks trading well below their yearly highs. Volumes softened against recent averages, yet sentiment improved following Reliance Powers governance overhaul and clean-energy initiatives. The new Board of Management aims to strengthen oversight and support long-term value creation across the group.
Excelsoft Technologies shares rose sharply after a strong D-Street debut on Wednesday. The stock touched an intraday high of Rs 142.65 on the BSE, after debuting at Rs 135 against an IPO price of Rs 120. With FY25 PAT up 172% and strong SaaS growth, analysts say that investors may book partial profits while holding for medium-term gains amid client concentration and valuation risks.
The Indian equity market remains cautious, with the Nifty 50 facing resistance. Dipan Mehta sees potential for a significant rally or correction, emphasizing strong optimism for midcap stocks offering alpha. He expresses caution on IT services' long-term prospects despite potential trading rallies, while suggesting a steady approach to defense stocks.
The Draft Electricity (Amendment) Bill, 2025, aims to eliminate cross-subsidies, allow private distribution, and align tariffs with actual costs. By reducing electricity expenses for industries, the reforms could boost profits and margins, especially for energy-intensive sectors like steel, cement, aluminium, and data centres. States with distorted tariffs stand to gain the most from this structural shift.
Delhis Khan Market has retained its position among the worlds costliest retail locations, ranking 24th globally in Cushman & Wakefields Main Streets Across the World report. With rents rising 3% to USD 223 psf/yr, it remains Indias priciest high street amid strong demand and brand interest.
Indian stock markets, Nifty and Sensex, surged on Wednesday, breaking a three-day losing streak. Hopes of a US Fed rate cut, easing FII outflows, declining crude oil prices, and a broad-based rally in global and domestic equities fueled the market's upward movement. Analysts anticipate a positive outlook for corporate earnings.
India's wedding season is driving a massive Rs 6.5 lakh crore spending spree, creating a significant consumption wave. This boom is expected to benefit various sectors, with 10 stocks in fashion, jewellery, hospitality, and home goods poised for growth, some with potential upsides of up to 38%.
Indian government bonds held steady Wednesday, with the benchmark 10-year yield hovering below 6.50% amid strong expectations of a rate cut next week. Recent low inflation and anticipated GDP growth are fueling optimism. Traders anticipate further gains if the yield remains below this crucial level, supported by positive sentiment from U.S. Treasury movements.
NDL Ventures board has approved the merger of Hinduja Leyland Finance into the company, paving the way for a significant consolidation within the Hinduja Group. Under the Scheme of Merger, HLFL will be absorbed into NDL Ventures, with shareholders receiving 25 shares for every 10 held. The proposal now awaits regulatory and NCLT approvals.
Tata Motors' stock surged following the unveiling of the 2025 Sierra SUV, a revival of the iconic 1990s model. Priced competitively starting at Rs 11.49 lakh, it targets the mid-size SUV segment. Bookings open December 16, 2025, with deliveries in January 2026, offering multiple powertrain and variant options, including a future AWD version.
Ventura Securities has initiated a bullish call on Adani Enterprises with a Buy rating and a SOTP-based target price of 3,433 implying 43% upside. The brokerage believes the companys 25,000 crore fundraise is well-timed to support its capital-intensive growth areas such as airports, green hydrogen, and copper, reinforcing AELs role as the Adani Groups incubator for future businesses.
Markets anticipate a December interest rate cut by the Federal Reserve. This shift follows dovish signals from Fed officials. Investors also await the announcement of the next Fed chair. Economic data allows for varied interpretations, but suggests conditions for a rate cut. The technology sector shows increased stock selectivity, with Google currently favored over Nvidia amid competitive AI advancements.
Gold and silver extended their gains on Wednesday, with gold rising nearly Rs 1,800 and silver jumping over Rs 3,800 so far this week amid global volatility. Hopes of a December US Fed rate cut and optimism around a potential UkraineRussia peace deal supported sentiment, while analysts expect continued choppiness with a broader upside bias.
Independent market analyst Ambareesh Baliga says the upcoming IndiaUS trade deal could be the key trigger to push markets beyond all-time highs and revive beaten-down midcaps and smallcaps. He remains bullish on autosespecially Maruti, Hero MotoCorp and TVSand sees a realty rebound led by Navi Mumbai, favouring Godrej Properties and Arihant Superstructures as sales momentum strengthens.
Japanese government bonds experienced a downturn Wednesday, with short-term yields hitting 17-year peaks. Investors are scrutinizing the financial implications of a substantial stimulus package and the possibility of an imminent interest rate hike by the Bank of Japan. Concerns linger over the market's capacity to absorb increased government debt amidst evolving economic signals.

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