Banking system cash squeeze sends overnight rates above RBI’s repo rate
Weighted average call money rates were trading at 5.25 percent on December 15, aligned with the report rate when liquidity was in surplus mode. The rates shot up to 5.41 percent on December 16, when liquidity fell in deficit. The rates stood at 5.46 percent on December 17, and 5.36 percent on December 18.
Coca-Cola India FY25 profit up 46.3% to Rs 615 crore, revenue at Rs 5,042.56 crore
India is the fifth-largest market of the Atlanta, US, headquartered beverage major The Coca-Cola Company.
Tata Power raises Rs 2,000 crore via issuance of NCDs
The NCDs are proposed to be listed on the wholesale debt market segment of the BSE.
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.
Nifty Knocks At 26,000 As 4-Day Losing Streak Halts; Shriram Fin-MUFG Deal Sealed| Closing Bell Live
A strong Friday rally helped D-Street trim weekly losses, with the Nifty posting a triple-digit gain and attempting to reclaim the 26,000 mark. Broader markets outperformed as midcaps surged, market breadth remained strong, and gains were led by realty and auto stocks, while metals lagged. Shriram Finance hit a 52-week high on the MUFG deal, and ICICI Prudential AMC made a solid debut with a 20% listing premium. Catch Nandita Khemka in conversation with Vikas Gupta--CEO & Chief Investment Strategist, OmniScience Capital and Milan Vaishnav, Founder and Technical Analyst, ChartWizard FZE and Gemstone Equity Research
Ather Energy shares gain 4% as board approves foray into insurance
The move is part of its broader strategy to build an integrated ecosystem around its electric two-wheelers.
AMS shares gain after subsidiary secures defence explosive license
Shares gained after the subsidiary secured an industrial licence for manufacturing defence explosives.
High-net-worth Indians shift strategy post-Covid, drive LRS investment four-fold higher
Investment remittances, which were close to about $400 million in 2019, are today around $1.7-1.8 billion. Thus, marking a four-times increase, given that meaningful scale in AIFs emerged only after 2019-20.
Vodafone Idea shares jump 6% as arm raises Rs 3,300 crore via NCDs
Vodafone Idea share price: CLSA said that the government may consider a partial relief of AGR dues for the telcom company.
Prediction markets and the casino mentality of 2025
Financial gamification has upended traditional patterns of trust and oversight
Sensex declines 250 pts from day's high, Nifty below 25,950: 3 key reasons behind market paring gains
Investors chose to lock in gains, leading to selling pressure after the sharp rise in early trade.
Shriram Finance shares rise 4% to hit record high after Rs 39,600-crore MUFG deal
The transaction assumes added significance as it marks renewed large-investor interest in the Shriram Group following the exit of Piramal in 202
Sebi’s high value debt entity tweak may have limited impact on lower-rated bonds
Market participants believe that the benefits will be concentrated on the BFSI ecosystem, which dominates India’s corporate bond market.
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.
“IPO journey changes nothing”: S Naren focuses on ICICI Pru AMC’s investor-first playbook
S Naren said ICICI Prudential AMC’s listing will not alter its investor-first approach, focusing on disciplined asset allocation, risk communication and long-term decision-making.
Does Accenture’s good report mean a steady Q3 for Indian IT players?
For the local industry to perform, new AI-led services must offset the deflationary impact of AI on the existing revenue stream
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.
Groww rises 11% as Jefferies says 'buy', sees stockbroker mirroring Robinhood's growth
Jefferies values Groww at a premium to its peer Angel One as the former has higher growth, better margins and lower F&O exposure
ICICI Prudential AMC shares: Brokerages see up to 22% upside post-listing at 20% premium; check price targets
ICICI Prudential AMC shares rose as much as 23 percent to Rs 2,663.40 on the NSE on the debut day.
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.
Accenture Q1 signals stable demand but execution pressure for Indian IT firms
For Indian IT companies such as TCS, Infosys, HCLTech, and Cognizant, analysts say a stronger recovery is likely to depend on an improvement in macro conditions rather than company-specific execution alone.
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
Exim Routes share price: The IPO was subscribed over 14 times between December 12-16.
Industry welcomes revised expense rules, but could distributors feel the pinch?
Industry participants say the answer is not straightforward and will take time to assess. While expense caps have been lowered, asset management companies (AMCs) are unlikely to absorb the entire impact
