Bitcoin has recovered to $91,000 after a significant drop. Renewed buying and institutional interest are driving this rebound. However, the cryptocurrency remains volatile, reacting to market sentiment. Experts see short-term consolidation likely. Bitcoin and Ethereum are trading above recent gains, with markets preparing for potential future movements.Read More

RAjay Bagga warns that despite Nifty and Sensex hitting record highs, India’s market rally remains fragile due to promoter selling, elevated valuations, weak earnings momentum, and currency pressure. He explains what will bring FIIs back, why the US–India trade deal matters, and how investors should position across BFSI, consumption, IT, and multicap strategies.Read More

Australian shares experienced their worst November in over a decade, with the S&P/ASX 200 index falling 3%. Heavyweight banks declined due to lofty valuations and margin pressures, while strong inflation and employment data diminished hopes for near-term rate cuts. Resources stocks, however, continued their upward trend.Read More

Reliance Industries hit a fresh 52-week high after Jefferies reaffirmed its ‘Buy’ rating and projected a 14% upside. The brokerage cited strong earnings momentum across retail, O2C, telecom, and FMCG, along with favourable valuations. Upcoming triggers include robust festive demand, JioMart expansion, elevated refining margins, and Jio’s expected 2026 IPO.Read More

Meesho’s Rs 5,421-crore IPO is drawing strong interest, with grey market trends indicating a potential 30% listing premium. Despite continuing losses, the platform is expanding rapidly, with sharp growth in users, orders, and active sellers. Proceeds will support technology upgrades and marketplace expansion ahead of the December 10 listing.Read More

Early investors in Meesho, including Elevation Capital, Peak XV and Y Combinator, are set for major gains in the IPO’s offer-for-sale as they sell 10.38 crore shares at ₹111 each. Their combined initial investment of about ₹131 crore has grown to over ₹1,020 crore — translating into returns of roughly ₹877 for every ₹100 invested.Read More

GAIL’s share price dropped sharply on Friday after PNGRB announced a lower-than-expected tariff revision for its natural gas pipeline network. The regulator raised tariffs to Rs 77.98/MMBTU but deferred full cost recovery until 2028, limiting GAIL’s ability to offset rising capex and opex, raising concerns over medium-term margins and earnings visibility.Read More

Goldman Sachs upgraded Paytm’s parent company, One 97 Communications, to ‘Buy’ with a significantly raised price target, citing improving regulatory conditions and strong revenue growth prospects. The brokerage anticipates over 20% revenue growth and a doubling of EBITDA margins, bolstered by recent payment aggregator authorization and strategic focus areas.Read More

The Indian rupee weakened by 7 paise to 89.43 against the US dollar in early Friday trade, influenced by a strong greenback and rising crude oil prices. Foreign fund outflows and cautious investor sentiment ahead of GDP data also weighed on the currency. The rupee had depreciated 14 paise to settle at 89.36 on Thursday.Read More

Indian government bonds are trading lower today. This follows a decline in the previous session. Traders are closely watching a government bond auction scheduled for later today. Economic growth data for the latest quarter is also due. Analysts expect the Reserve Bank of India to cut interest rates in December. Bond yields are expected to...Read More