The electric two-wheeler manufacturer's chief executive officer Bhavish Aggarwal sold another 4.2 million shares worth Rs 142 crore on December 17
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 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.
Two contracts, individually valued at Rs 684 crore and Rs 646 crore, will provide stable long-term revenue visibility for the company over seven-year tenure
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.
Stock market today: Sensex, Nifty rebounded from lower levels intraday on improved investor sentiment after foreign institutional investors turned buyers.
MCX stock split: MCX has fixed January 2 as the record date for its first-ever stock split.
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.
SEBI raised the brokerage cap for mutual funds to 6 bps from proposed 2 bps on equity trades, making compliance easier and cutting cost pressure after feedback that a sharp reduction could curb fund managers' ability to pick stocks
The fund will be used to refinance existing debt, invest in clean energy projects and for general corporate reasons, the report said citing sources
As cooling demand explodes, this company sits at an inflection point of opportunities and execution risks
In addition, the regulator has reduced the BER for passive products such as index funds and ETFs from 1% to 0.90%. Close-ended equity funds will now be capped at 1%, while close-ended debt funds can charge up to 0.80%. For funds of funds, the limits have been set at 0.90% for index FoFs, 2.10% for equity FoFs and 1.85% for other FoFs.
The Nifty 50 extended its downtrend for a third consecutive session on December 17, slipping nearly 0.2% and maintaining a lower high–lower low formation. The index remained below short-term moving averages and edged closer to the 50-day EMA (25,765) with weakening momentum indicators pointing to a bearish bias. Experts say the 25,750–25,700 zone is the immediate support to watch, and a decisive break below this range could drag the index toward the crucial 25,500 level. On the upside, resistance is seen in the 25,950–26,050 zone, with a sustained move above it potentially opening the door for a rebound toward 26,300. Among stocks in focus today are TCS and Ola Electric, among others. Meanwhile, SEBI has approved new norms for mutual fund expense ratios, excluding statutory levies from the calculation and capping brokerage for cash market transactions at 6 basis points. Catch Nandita Khemka in conversation with Feroze Azeez, Deputy CEO at Anand Rathi Wealth, and Chandan Taparia, Senior Vice President and Head – Derivatives & Technical Research at Motilal Oswal Financial Services.
The comprehensive overhaul represents SEBI's commitment to maintaining a regulatory framework that evolves with market realities
Indian markets are likely to open flat to cautious, tracking a sharp US tech selloff and weak Asian cues, with Nifty remaining in a consolidation range.
Crystal Crop Protection IPO | The fresh issue comprises of pre-IPO placement amounting to Rs 120 crore.
According to Nilesh Shah of Kotak Mahindra AMC, FII flows are likely to return in 2026 as global rate cycles ease, US growth softens, and doubts grow around overhyped AI trades elsewhere.
Sun Pharma, Power Grid Corp, Tata Steel, Bajaj Auto, Asian Paints were among top losers on the Nifty, while gainers were Interglobe Aviation, Max Healthcare, TCS, Infosys, Tech Mahindra. BSE Midcap index ended flat, while smallcap index fell 0.3%. On the sectoral front, realty index rose 0.3% and IT index rose 1%, while, auto, media, pharma, oil & gas, Capital Goods declined 0.3-1%.
After remaining net sellers for the last 14 sessions, the FIIs turned net buyers on December 17 as they bought equities of Rs 1,171 crore, while DIIs bought equities of Rs 768 crore on the same day
Analysts viewed the stock as to be trading at a 10 to 15% discount to its sum-of-the-parts valuation, largely due to complexity, limited pure-play exposure, and capital allocation opacity.
If the Bank Nifty convincingly breaks 58,800, 58,600–58,500 will be the levels to watch, followed by 58,300. On the higher side, 59,550 can negate the lower high–lower low structure, experts said.
The market may continue to consolidate until it trades above short-term moving averages. Below are some short-term trading ideas to consider.
Stocks to Watch, 18 December: Stocks like HCL Technologies, Cyient, Titagarh Rail Systems, Antony Waste Handling, GMR Power and Urban Infra, KP Energy, Mahindra Lifespace Developers, ISGEC Heavy Engineering, GE Vernova, Ola Electric, One 97 Communications Paytm, AstraZeneca Pharma, and Denta Water and Infra Solutions will be in focus on December 18.
The 25,750–25,700 is expected to be the immediate key support for the Nifty 50; a fall below this zone could drive the index toward 25,500, the crucial support. On the higher side, 25,950–26,050 is expected to be the resistance zone, and sustaining above it could open the door for 26,300, experts said.
Akzo Nobel shares plunged 13.56 percent to close Rs 3,132.7 amid significantly higher volumes after sharp gap-down opening on the NSE.