Indian markets closed marginally lower on monthly expiry day amid cautious sentiment due to global headwinds and geopolitical concerns. Several stocks like Bharti Airtel, Tata Motors PV, and HCL Tech are in focus due to significant news developments, including block deals, new product launches, and strategic collaborations.Read More

Nifty experienced consolidation in the first half of expiry day, but succumbed to heavy selling pressure in the latter half, settling on a bearish note at 25,885. Analysts noted a significant bearish candle on the daily chart, indicating continued weakness as the index remains below the 26,280 level.Read More

Life insurers are urging the government to double the tax-exempt investment limit for guaranteed plans to ₹10 lakh. This move aims to address a demand shortage in the long-duration government bond market, where traditional buyers like pension funds have shifted to equities. The increased demand from insurers could help stabilize yields on long-term sovereign debt.Read More

Greenko has secured approximately ₹600 crore through privately placed rupee-denominated bonds, subscribed by Broad Peak Investment Advisors and JP Morgan. The funds will be utilized for repaying inter-company loans and general corporate purposes. This capital infusion coincides with Greenko’s commissioning of significant storage assets, including a large-scale integrated renewable energy storage project in Rajasthan.Read More

Federal Bank’s shares surged 27% in three months, driven by Blackstone’s ₹6,000 crore investment and management’s guidance of net interest margin expansion. The capital infusion will fuel growth and potential inorganic opportunities. The bank anticipates NIM improvement due to repricing term deposits and strong CASA momentum.Read More

State-owned Power Finance Co (PFC) and Nabard cancelled bond issuances totalling ₹10,000 crore due to higher-than-expected yields. Issuers are now awaiting the December 5 monetary policy meeting, anticipating a potential rate cut that could lead to lower pricing for their bonds.Read More

The Indian Rupee saw a slight dip on Tuesday, closing 6 paise lower against the US Dollar at 89.22. Domestic equity market weakness weighed on the currency. Falling crude oil prices offered some support. However, foreign fund outflows kept the Rupee under pressure. This follows a significant recovery on Monday after hitting a lifetime low...Read More