Aequs IPO Sees Strong Demand on Final Day
The Aequs IPO witnessed strong investor interest on the final day of bidding as subscription numbers surged across categories. The company, known for its precision engineering and aerospace manufacturing capabilities,…
Meesho IPO Subscribed 3x on Day 2; Retail Portion 5x Booked as GMP Signals Strong Listing
The Meesho IPO continued its strong momentum on the second day of bidding, attracting significant interest from investors across categories. The ₹5,421-crore public issue of the SoftBank-backed e-commerce platform has…
IndiGo Shares Drop 3% as DGCA Probes Massive Flight Cancellations; Stock Hits Five-Month Low
The shares of InterGlobe Aviation, the parent company of IndiGo, slipped more than 3 percent on December 4, extending the previous day’s decline. The fall comes amid one of the…
Fitch Raises India’s FY26 Growth Forecast to 7.4% as Private Consumption Strengthens
Fitch Ratings has upgraded India’s FY26 growth outlook, projecting a stronger and more resilient economic expansion driven primarily by a surge in private consumption. The global rating agency lifted its…
Putin’s India Visit Pushes Defence Stocks Higher; Analysts See HAL, BDL, BEL as Key Gainers
Indian defence stocks moved into the green on December 4 as Russian President Vladimir Putin arrived in New Delhi for the 23rd India-Russia Annual Summit. His visit — his first…
HDFC Bank, ICICI Bank May Face Short-Term Selling as Bank Nifty & FinNifty Shift Toward Diversification
India’s financial market benchmarks are set for a major overhaul as the Bank Nifty and FinNifty indices undergo a significant diversification-driven rejig, reducing the weightage of their two largest components…
Stock Market Today: Sensex, Nifty Rise After Early Slide Amid Broad-Based Buying
Indian equity markets staged a sharp recovery on Thursday as the Sensex and Nifty rebounded from early losses, ending higher after four consecutive sessions of weakness. The market opened on…
Citi Sees Up to 17% Upside for Reliance Industries Stock as Brokerage Turns More Bullish on Jio and Consumer Business
Reliance Industries Ltd (RIL), India’s largest conglomerate, has once again taken center stage in the equity market after global brokerage firm Citi projected a strong upside for the stock. The…
Auto Industry Faces a Tough New Year as Rising Costs Clash With Stricter Anti-Profiteering Scrutiny
India’s automotive sector is heading into the new year with an unusually challenging dilemma. For years, January has been the traditional window when automakers introduce annual price hikes—normally in the…
India Loses Top Manufacturing Spot as PMI Drops to Nine-Month Low
India’s manufacturing sector lost momentum sharply in November, slipping from its position as the world’s fastest-growing major manufacturing economy. The latest HSBC Manufacturing Purchasing Managers’ Index (PMI) showed a steeper-than-expected…
