PODCAST
Nifty poised to extend gains as Bihar exit polls hint at NDA clean sweep; BSE’s strong Q2 and key earnings in focus | Market Minutes
Markets are likely to start the session on a positive note as early trends from the GIFT Nifty point to firm trade. The Nifty reclaimed the 25,700 mark on Tuesday, led by strong gains in IT and auto stocks, while exit polls from Bihar projecting a comfortable BJP–JDU victory are seen as sentimentally positive for the market. Globally, markets traded mixed as investors balanced hopes of an end to the U.S. government shutdown with renewed weakness in tech stocks. The Dow hit a fresh record high, the Nasdaq lagged, and SoftBank tumbled 10% after offloading its entire Nvidia stake. From Tata Power’s subdued Q2 performance and BSE’s solid earnings to earnings from Max Financial, Godrej Industries, and Aavas Financiers, we’ve got all the key stock updates lined up. Also on the radar: Tata Motors’ newly demerged commercial vehicle unit listing today and Tenneco Clean Air India’s Rs 3,600 crore IPO launch. And in our voice of the day segment catch Ankit Soni, Associate Vice President, Mirae Asset Sharekhan as he shares his view on the defence sector. Tune in for all this and more in today’s Market Minutes — your morning podcast bringing you the top stories to kickstart your trading day, from stocks in the news to macro trends and global market cues.
BUSINESS
Gold, silver prices today on November 12: Gold breaks Rs 1.25-lakh mark, silver inches up - Check rates in your city
Gold, silver prices today on November 12: Yellow metal, which has gained over 55% this year, is on course for its strongest annual performance since 1979, driven in part by elevated central-bank buying.
BUSINESS
Can Nifty top 25,800, will Sensex extend gains to third session? Key levels to watch on November 12
Dalal Street is set for a strong open on Wednesday, November 12, as positive global cues and easing U.S. shutdown concerns lift investor sentiment.
INDIA
Bihar Election 2025 Updates: Young, unemployed voters prefer MGB, older electors want NDA, predicts Axis My India exit poll
Exit poll predictions were released shortly after the conclusion of the second phase of polling in Bihar on Tuesday. Counting of votes will take place on November 14
BUSINESS
Groww Share Price Live: Groww trades at Rs 122 on BSE, surging 22% from issue price after strong debut - Buy, hold or selll?
The company's initial public offering (IPO) sought to raise Rs 6,632.30 crore within a price band of Rs 95-100 per share
INDIA
Fall in active clients at discount brokerages narrows sharply in October
Combined client count slips by just 57,650 after months of heavy declines; Groww, Paytm Money lead additions.
BUSINESS
Stocks to Watch Today: Groww, BSE, Transrail Lighting, Torrent Power, Gujarat Fluorochemicals, Zaggle Prepaid, Awfis Space, PC Jeweller, Thermax in focus on 12 November
Stocks to Watch, 12 November: Stocks like Tata Power, BSE, JB Chemicals and Pharmaceuticals, Rail Vikas Nigam, Transrail Lighting, ESAF Small Finance Bank, Aavas Financiers, Torrent Power, Gujarat Fluorochemicals, Zaggle Prepaid Ocean Services, Awfis Space Solutions, PI Industries, and Billionbrains Garage Ventures Groww will be in focus on November 12.
INDIA
Pralhad Joshi announces fresh call for pilot projects for Green Hydrogen
India now has the lowest green ammonia price globally, he said, adding that prices of Rs 49.75/kg, for the production and supply of 7.24 lakh MTPA of Green Ammonia achieved.
BUSINESS
Adani Enterprises shares details of its Rs 25,000-crore rights issue
The Adani group firm has set the rights issue price at Rs 1,800 per share, a discount of 24 percent to current market price
BUSINESS
Tenneco Clean Air raises Rs 1,080 crore via anchor book ahead of Rs 3,600-crore IPO
Tenneco Clean Air India IPO | It is entirely an offer-for-sale by promoter Tenneco Mauritius Holdings, hence the company will not receive any funds from the offer.
MARKETS
SEBI imposes Rs 3 lakh penalty on Angel One; alleges various lapses and weak AP supervision
SEBI observed a significant gap between Angel One’s internal audits and regulatory findings. While the broker’s own audit of the three APs had not reported any irregularities, SEBI’s inspection uncovered several violations,
ASSEMBLY-ELECTION
Bihar sees highest percentage of votes since 1951, says CEC Gyanesh Kumar
The exit polls also predicted that Prashant Kishor-led Jan Suraaj, which made its debut in the assembly polls, is unlikely to make any splash in terms of seats.
BUSINESS
Kotak Mahindra Mutual Fund picks half a percent stake in HFCL
HFCL shares rallied 5.5 percent to Rs 78.3 on Tuesday and reached to the upper Bollinger band with long bullish candle formation.
INDIA
News18 Bihar Exit Poll: Another poll win for BJP but party loses pole position in NDA; here's what predictions indicate
Notably, this was the first time that chief minister Nitish Kumar’s JD(U) agreed to contest the same number of seats as BJP – veering from the “big brother, small brother” in the relationship
INDIA
Will Chirag Paswan repeat 2024 Lok Sabha magic? Here are exit poll predictions for LJP (RV)
Paswan's electoral performance in the 2024 Lok Sabha polls strengthened his bargaining position. LJP(RV) contested five seats in Bihar and won all five, registering a 100% success rate.
PODCAST
Pine Labs and PhysicsWallah IPO subscription update; Auto tech revs up as CarTrade, Spinny eye big buys and H-1B curbs push Indian IT subcontract bills
In today’s Tech3 from Moneycontrol, Pine Labs wraps up its Rs 3,900 crore IPO with 2.5x subscription while PhysicsWallah sees muted subscription. India’s auto-tech space shifts gears as CarTrade nears a $1.2 billion merger with CarDekho and Spinny moves to acquire GoMechanic. We also decode how H-1B visa curbs are driving up subcontracting costs for IT majors, and why Mastercard is warning about India’s overdependence on UPI
INDIA
Exit polls predict big win for JD(U)-led NDA in Bihar: Has 'Sushasan Babu' done it again?
The CM, eyeing his fifth consecutive term, was targeted by the Opposition which accused him of being 'remote-controlled' by the BJP and raised concerns about his health and potential impact on governance.
BUSINESS
Capillary Technologies sets IPO price band at Rs 549-577 per share, Trudy Holdings to sell shares at over 80% premium via OFS
Capillary Technologies IPO | The company is raising Rs 877.5 crore at the upper price band, via public issue that will open for subscription on November 14 and close on November 18.
BUSINESS
After first post-Mehli Mistry exit meeting, Tata Trusts inducts Noel Tata’s son Neville and Titan veteran Bhaskar Bhat to board
At the Tuesday board meeting, trustees also revised Venu Srinivasan's tenure from a life term to three years, following a Maharashtra government rule
AUTOMOBILE
Yamaha unveils Aerox-E, EC-06 electric scooters, enters India's EV market
Yamaha's Aerox-E and EC-06 introduce the brand's electric strategy for India, targeting both premium performance riders and daily urban commuters.
BUSINESS
FIIs net sell Indian equities worth Rs 803 crore, while DIIs net buy Rs 2,188 crore on November 11
For the year so far, FIIs have been net sellers of shares worth Rs 2.47 lakh crore, while DIIs have net bought shares worth Rs 6.52 lakh crore.
INDIA
Jubilee Hills exit polls predict Congress win, BRS trails in close contest
According to exit polls conducted by multiple media and survey agencies, the Congress appears poised for a clear win in the constituency, which was earlier held by the BRS
INDIA
Collins Aerospace inaugurates new manufacturing facility near Bengaluru airport, to create 2,000 jobs
CM Siddaramaiah inaugurates the USD 25 million facility, which will create over 2,000 skilled jobs in R&D and advanced manufacturing.
AUTOMOBILE
Yamaha launches XSR155, FZ-Rave in India, expands presence in 150cc segment
The new Yamaha XSR155 has been priced at Rs 1,49,990 (ex-showroom), while the Yamaha FZ-Rave carries a price tag of Rs 1,17,218 (ex-showroom).
