Indian stocks commenced trading on Wednesday with a decline, as both the Sensex and Nifty extended their losing streak to a fourth consecutive day. Investor sentiment was negatively impacted by concerns surrounding U.S. H-1B visa regulations. The downturn was widespread, with continuous foreign capital outflows overshadowing expectations of increased consumption during the festive season.Read More

PhonePe, the Walmart-backed Indian fintech giant, has confidentially filed for an IPO, aiming to raise approximately Rs 12,000 crore ($1.35 billion). The UPI-based payment app boasts over 600 million registered users and processes over 310 million daily transactions. Ahead of the IPO, PhonePe reported narrowed losses to 17.2 billion rupees with a 40% surge in...Read More

Hyundai Motor India’s stock is performing well due to GST reforms and festive sales. Shares hit a record high, and analysts predict further growth. Nomura expects India to contribute significantly to Hyundai’s global sales by 2030. Capacity expansion is underway with a new Pune facility. The company plans new EV and hybrid models.Read More

Indian government bonds are expected to trade narrowly on Wednesday. Investors are focusing on the borrowing calendar for the second half of fiscal year 2026. Sentiment is supported by strong cutoffs at a recent state debt auction. Traders are also awaiting states’ quarterly borrowing calendar. Banking system liquidity slipped into a deficit on Monday.Read More

Tether, a crypto firm, considers raising up to $20 billion through private placement. This could value the firm at about $500 billion. The company is evaluating a raise from key investors. Tether’s USDT stablecoin has a large market capitalization. The firm plans to launch a U.S.-based stablecoin. A former White House executive joined as strategic...Read More

Ganesh Consumer IPO: Ganesh Consumer Products’ IPO, now in its final day of subscription, has seen 41% overall subscription by Day 2, led by QIBs and retail investors. In the grey market, the issue is trading at a modest 2.5% premium over its ₹322 issue price, indicating cautious investor sentiment.Read More

Several Indian defense stocks, including Unimech Aerospace, Bharat Dynamics, and Solar Industries, are trading at high valuations, raising concerns about justification. Despite valuation worries, analysts cite strong order books, policy support, rising exports, and the government’s self-reliance push as reasons for investor confidence.Read More

​US tariffs are straining Southeast Asian economies, with Vietnam most exposed. ASEAN ministers meet in Kuala Lumpur to discuss trade, investment, and possible unified strategies as semiconductor duties pose additional risks.Read More

Shares of Minda Corp rose sharply after the company forecast revenue tripling to Rs 17,500 crore by FY30 and Ebitda reaching Rs 2,100 crore. Nuvama raised its target price to Rs 620, citing strong growth in EV harnesses and Smart Access segments.Read More

Rajesh Palviya of Axis Securities anticipates a consumption boost from upcoming GST rationalization, benefiting companies like Dabur, Marico, and Trent. He suggests that Nifty is poised for an all-time high, driven by domestic sectors such as real estate, BFSI, and automobiles. Palviya also advises a cautious approach to IT stocks due to H-1B visa concerns.Read More