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Debaroti Adhikary

Senior Sub Editor

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IT shares extend gains for 3rd day, but Jefferies sees downside risk after Accenture's muted guidance

BUSINESS

IT shares extend gains for 3rd day, but Jefferies sees downside risk after Accenture's muted guidance

IT stocks: The rise in the share prices pushed the Nifty IT index more than 1% higher to hit its day’s high at 39,054.

ICICI Prudential AMC delivers second-best returns among over Rs 10,000-crore IPOs of 2025

BUSINESS

ICICI Prudential AMC delivers second-best returns among over Rs 10,000-crore IPOs of 2025

ICICI Prudential AMC share price: LG Electronics continues to the top the list, after its shares debuted with a premium of 50% over the IPO price in October this year.

Pharma stocks jump up to 5% after US Senate passes Biosecure Act: Check top gainers

BUSINESS

Pharma stocks jump up to 5% after US Senate passes Biosecure Act: Check top gainers

Pharma stocks: The Biosecure Act bars some Chinese biotech companies from receiving federal funding.

BLS International shares rise 7% as Delhi HC sets aside govt order debarring company from tenders

BUSINESS

BLS International shares rise 7% as Delhi HC sets aside govt order debarring company from tenders

BLS International share price: Earlier in October, the Ministry of External Affairs (MEA) banned the company from participating in future tenders of the ministry and India Mission abroad for two years.

Ola Electric shares jump 10% after CEO Bhavish Aggarwal completes stake sale to repay Rs 260-crore loan

BUSINESS

Ola Electric shares jump 10% after CEO Bhavish Aggarwal completes stake sale to repay Rs 260-crore loan

Ola Electric share price: CEO's stake sale completely eliminates all promoter pledges, as it releases all 3.93% shares previously pledged for the loan.

Exim Routes shares list at 25% premium over SME IPO price, miss grey market estimates

BUSINESS

Exim Routes shares list at 25% premium over SME IPO price, miss grey market estimates

Exim Routes share price: The IPO was subscribed over 14 times between December 12-16.

Sensex gains 450 pts, Nifty above 25,950: Softer US inflation data among key factors behind market rise

BUSINESS

Sensex gains 450 pts, Nifty above 25,950: Softer US inflation data among key factors behind market rise

FII buying, stronger rupee, solid Q1 results of Accenture also contributed to the bullish market sentiment on December 19

IOC, Asian Paints, Apollo Tyres, other crude-sensitive stocks fall up to 4% as oil prices rise

BUSINESS

IOC, Asian Paints, Apollo Tyres, other crude-sensitive stocks fall up to 4% as oil prices rise

Crude-sensitive stocks: Oil prices soared amid supply concerns due to blockade of Venezuelan oil tankers and US possibly preparing more sanctions for Russia.

Meesho shares rally up to 129% from IPO price in just 7 days: Here's why analysts advise caution

BUSINESS

Meesho shares rally up to 129% from IPO price in just 7 days: Here's why analysts advise caution

Meesho share price: Analysts listed out why it may be a better for investors to delay purchase of the e-commerce platform's shares, and what will be key triggers ahead.

Max Healthcare to set up 450-bed hospital in Pune; shares rise up to 3%

BUSINESS

Max Healthcare to set up 450-bed hospital in Pune; shares rise up to 3%

Max Healthcare share price: The company's board has approved the proposal to enter into a share purchase agreement for acquisition of 100% equity stake in Pune's Yerawada Properties for around Rs 200 crore.

Auto stocks decline for fourth day, index drops 2% to one-month low: What lies ahead?

BUSINESS

Auto stocks decline for fourth day, index drops 2% to one-month low: What lies ahead?

Auto stocks: Auto​‍​‌‍​‍‌​‍​‌‍​‍‌ stocks have been losing value for the fourth consecutive session as they are the main victims of sustained pressure following demand worries and broader market risks, an analyst said.

Tata Motors CV shares jump 5% after JPMorgan, BofA's bullish calls: Check target prices

BUSINESS

Tata Motors CV shares jump 5% after JPMorgan, BofA's bullish calls: Check target prices

Tata Motors share price: Tata Motors CV shares rose to their highest level since debut in November this year, after the demerger from its passenger vehicle business.

Defence shares fall for 4th day amid 'double whammy'; analysts advise 'use this healthy correction'

BUSINESS

Defence shares fall for 4th day amid 'double whammy'; analysts advise 'use this healthy correction'

Defence stocks: The long-term story of defence stocks remains intact, and the current phase looks like a short-term correction, an analyst said.

IndiGo shares rise 3% as CEO Pieter Elbers tells employees 'the worst is behind us'

BUSINESS

IndiGo shares rise 3% as CEO Pieter Elbers tells employees 'the worst is behind us'

IndiGo share price: The CEO's message comes after the airline faced crisis earlier this month, leading to massive cancellations and chaos.

KSH International IPO closes with 83% subscription on Day 3, QIB portion fully booked: Check GMP

BUSINESS

KSH International IPO closes with 83% subscription on Day 3, QIB portion fully booked: Check GMP

KSH International IPO GMP: The allotments will likely be finalized by December 19, and the shares are scheduled to be listed on stock exchanges BSE and NSE on December 23.

Hero MotoCorp shares fall 5% after Jefferies downgrades to 'Underperform', cuts target price by 11%

BUSINESS

Hero MotoCorp shares fall 5% after Jefferies downgrades to 'Underperform', cuts target price by 11%

Hero MotoCorp share price: The shares of the bike-maker fell to Rs 5,513 apiece in the morning trading hours of Thursday, the lowest level seen by the stock in nearly five weeks.

MCX fixes record date for 1:5 stock split: What it means for shareholders?

BUSINESS

MCX fixes record date for 1:5 stock split: What it means for shareholders?

MCX stock split: MCX has fixed January 2 as the record date for its first-ever stock split.

HRS Aluglaze shares hit 5% upper circuit after listing at 31% premium over SME IPO price

BUSINESS

HRS Aluglaze shares hit 5% upper circuit after listing at 31% premium over SME IPO price

HRS Aluglaze IPO GMP: Ahead of their market debut, the unlisted shares of the company were trading with nearly 23% GMP over the IPO price.

IndiGo, SpiceJet stocks could see some turbulence in near-term, say analysts; here are key levels for investors

BUSINESS

IndiGo, SpiceJet stocks could see some turbulence in near-term, say analysts; here are key levels for investors

Airline stocks: There has been disruption during the peak season for air travel, which should create temporary blip in the airline earnings, an analyst said.

ICICI Prudential AMC shares to list Friday: This brokerage gives 'Buy' rating, sees up to 39% upside from IPO price

BUSINESS

ICICI Prudential AMC shares to list Friday: This brokerage gives 'Buy' rating, sees up to 39% upside from IPO price

ICICI Prudential AMC share price: The Rs 10,603-crore IPO closed yesterday after being subscribed 39 times its offer size at a price band of Rs 2,061-2,065 per share.

Morgan Stanley bullish on Reliance Industries, sees up to 20% upside: Here's why

BUSINESS

Morgan Stanley bullish on Reliance Industries, sees up to 20% upside: Here's why

Reliance Industries share price: Morgan Stanley noted that RIL has invested more than $80 billion since COVID-19 period, and these investments will likely begin to bear fruit from 2026 onwards.

Vedanta shares rise 2% to fresh 52-week high as analysts say demerger offers 'value unlocking' potential

BUSINESS

Vedanta shares rise 2% to fresh 52-week high as analysts say demerger offers 'value unlocking' potential

Vedanta share price: Kotak Institutional Equities upgraded its rating on Vedanta shares to 'Buy' from 'Add', and raised its target price for the stock to Rs 650 per share.

Jefferies says Zepto's IPO plans, Swiggy's Rs 10,000-crore QIP won't trigger quick-commerce price war

BUSINESS

Jefferies says Zepto's IPO plans, Swiggy's Rs 10,000-crore QIP won't trigger quick-commerce price war

Eternal-owned Blinkit continues to be the leader in the industry, with best-in-class profitability due to its growth-first strategy and aggressive store expansion, Jefferies said.

KSH International IPO subscribed 26% on Day 2, analysts highlight long-term potential despite muted GMP

BUSINESS

KSH International IPO subscribed 26% on Day 2, analysts highlight long-term potential despite muted GMP

KSH International IPO GMP: Ahead of their market debut, the unlisted shares of KSH International were trading with 0-1.56% GMP over the IPO price.

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