BUSINESS
IndusInd Bank shares rise 3% on report of talks to bring in strategic partner; lender clarifies
Ashok Hinduja told The Economic Times that IndusInd International Holdings (IIHL) is looking for a strategic partner with global expertise who wants to come in as a minority investor in IndusInd Bank.
BUSINESS
Vidya Wires IPO subscribed 8x on Day 2, GMP rises; should you apply?
Vidya Wires IPO GMP: Vidya Wires launched its IPO to raise over Rs 300 crore at a price band of Rs 48-52 per share
BUSINESS
Meesho IPO subscribed 8x on Day 2, retail portion booked 9x as GMP signals strong listing; should you apply?
Meesho IPO GMP: While the GMP has slightly fallen recently, it still indicates a strong listing for the e-commerce platform.
BUSINESS
Putin to visit India today: Defence stocks in green; analysts say HAL, BDL, BEL likely to benefit
'Putin's trip is anticipated to speed up defence agreements centered around air defense systems, fighter aircraft, and missile technologies,' an analyst said.
BUSINESS
Petronet LNG shares gain 4% after firm inks 15-year deal with ONGC for ethane facilities
Petronet LNG share price: Nomura sees this announcement as a positive development. The international brokerage kept a 'Buy' call on the stock, with a target price implying an upside potential of nearly 34%.
BUSINESS
IndiGo shares fall 3% as DGCA launches probe into airline's massive flight cancellations
IndiGo share price: The shares dropped to Rs 5,405 apiece in the morning, the lowest level seen by the stock in more than five months.
BUSINESS
Citi sees up to 17% upside for Reliance Industries stock; bank cites these triggers
RIL share price: Citi attributed its bullish call in part to a higher valuation for the telecom unit Jio, raising its implied enterprise value to $145 billion from $135 billion.
BUSINESS
Chalet Hotels shares jump 4% after company launches luxury hotels brand 'Athiva'
Chalet Hotels share price: Chalet Hotels shares have fallen more than 5% in the past one month, and around 1% in the past six months.
BUSINESS
Tata Communications shares jump 3% on positive brokerage note after subsidiary buys 51% stake in AI platform
Tata Communications share price: Macquarie kept a ‘Buy’ call on the stock, with a target price of Rs 2,210 per share. This implies an upside potential of nearly 20% from the stock’s previous closing price.
BUSINESS
Vodafone Idea stock gains for 2nd day on Scindia's comments about AGR relief; Citi sees Indus Towers as beneficiary
The government is awaiting a formal request from Vodafone Idea before going forward with any relief measures, Union Telecom Minister Jyotiraditya Scindia said on Monday.
BUSINESS
Aequs IPO subscribed 3x on Day 1, retail portion booked 11.5x; check GMP
Aequs IPO GMP: Aequs launched its IPO to raise around Rs 922 crore through a fresh issue of shares worth Rs 670 crore and an OFS of shares worth Rs 251.81 crore.
BUSINESS
Indian Bank, PNB, other PSU bank stocks fall up to 6% after FinMin clarifies no proposal to hike FDI limit
Reports earlier said that the Indian government is planning to allow direct foreign investment in state-run banks of up to 49%, more than double the current limit of 20%.
BUSINESS
Axis Securities expects Nifty 50 to rise up to 13% to hit 29,500 by Dec 2026 in bull case: Check key triggers
While the Indian economy is on the verge of a cyclical recovery, global challenges are likely to persist, Axis Securities cautioned.
BUSINESS
Bajaj Finance raises Rs 1,588 crore by selling nearly 2% stake in Bajaj Housing Finance
Bajaj Finance said that the company sold 16.66 crore shares in its subsidiary in the open market via a bulk deal at at Rs 95.3074 per share.
BUSINESS
Asian Paints shares jump 3%, hit new 52-week high after UBS upgrades stock to 'Neutral': Check latest target price
Asian Paints share price: UBS sees the volume outlook for second half of FY26 to be positive, and expects market conditions to improve in near term.
BUSINESS
SPARC shares soar 20% after US district court passes favourable judgement for Sezaby PRV
SPARC share price: Sezaby is a benzyl alcohol and propylene glycol free formulation of phenobarbital sodium powder for injection. It was approved by the US FDA for the treatment of neonatal seizures.
BUSINESS
Meesho vs Aequs vs Vidya Wires IPO: Here's how the upcoming share sales stack up
Grey market estimates signal towards a strong listing for Meesho and Aequs, and a decent market debut for Vidya Wires.
BUSINESS
Will RBI cut repo rate or stay put tomorrow? Here's how stock markets could react in either of the scenarios
Earlier in November, RBI Governor Sanjay Malhotra said there is scope to further reduce policy interest rates, spurring rate cut hopes. However, strong GDP numbers lowered expectations of further monetary easing.
BUSINESS
IPO-bound Meesho's increasing reliance on in-house low logistics arm could hurt Delhivery: Jefferies
Delhivery share price: Jefferies in its latest note maintained an 'Underperform' rating on Delhivery shares, with a target price of Rs 390 per share. This implies a downside potential of nearly 7% from the stock’s previous closing price.
BUSINESS
Wockhardt shares jump 6%, extend gain to 27% in two days after US FDA accepts new drug application for Zaynich
Wockhardt share price: The market capitalization of the company has soared by Rs 5,400 crore in these two days of sharp gains to Rs 25,493 crore.
BUSINESS
Newly-listed Emmvee Photovoltaic shares jump 10% after Q2 net profit soars 7x to Rs 238 crore
Emmvee Photovoltaic share price: The shares had made a muted debut on stock markets on November 18, listing flat at IPO price of Rs 217 apiece. The stock has so far gained more than 10.5 percent since then.
BUSINESS
Vodafone Idea shares jump 4% as Scindia says Centre may finalise AGR relief plan by 2025-end
Vodafone Idea share price: After hitting a 52-week low of Rs 6.12 apiece in August this year, the stock jumped more than 81% in just three months to hit a 52-week high of Rs 11.08 apiece in November.
BUSINESS
Block deal effect: Bajaj Housing Finance shares fall 9% to 52-week low amid buzz of promoter's 2% stake sale
Bajaj Housing Finance share price: On December 2, the shares were trading at Rs 95 apiece, the lowest level seen so far since bumper debut in September 2024.
BUSINESS
Bajaj Finance to sell 2% stake in Bajaj Housing Finance to raise Rs 1,740 crore
Bajaj Housing Finance share price: Bajaj Finance held 88.70% stake in Bajaj Housing Finance at the end of September 2025, while the rest was held by the general public.
