The US FDA has accepted Wockhardt’s New Drug Application for Zaynich, its first-in-class antibiotic. This marks the first-ever acceptance of an NDA for a New Chemical Entity from an Indian pharma company, representing a major regulatory breakthrough.Read More
Veteran investor Manish Sonthalia views the current mid- and small-cap stock correction as a prime accumulation phase, comparing it to the post-Covid crash opportunity. He advises investors to carefully select IPOs and focus on rate-sensitive sectors, IT, capital markets, and bullion, while avoiding overvalued capital goods, railways, and defense stocks.Read More
The Indian Rupee hit a record low of 89.73/$ in early December, despite strong 8.2% GDP growth in Q2 FY26. Weak FPI inflows, rising imports, trade deal uncertainty, and global risk sentiment have driven depreciation. Analysts expect INR to trade with a downward bias in the near term.Read More
Elon Musk told Zerodha’s Nikhil Kamath that AI and robotics will drive nearly all future economic value, with companies leading these technologies set to dominate in the long term. Asked which firms beyond his own are best positioned, Musk highlighted Google for its foundational AI work and Nvidia for its crucial role in powering the...Read More
LIC increased its stake in Cipla to 7.055% by acquiring 2.03% shares between July 17 and November 27. The purchase comes as Cipla trades near key SMAs, posts modest Q2 growth, and gains a ‘Buy’ rating from Sharekhan.Read More
Hyundai Motor India’s shares rose up to 4% after the automaker reported strong November 2025 sales. Total volumes grew 9.1% YoY to 66,840 units, supported by 4.3% domestic growth and a sharp 26.9% jump in exports. The company said GST 2.0 reforms boosted momentum, while rising exports underscore Hyundai’s strategy to position India as a...Read More
MV Electrosystems, which manufactures electrical and power electronics equipment for railway rolling stock, has filed preliminary papers with markets regulator Sebi to raise Rs 290 crore through its initial public offering (IPO).Read More
European shares slipped on Monday, with defence stocks and planemaker Airbus weighing down industrials, as a wave of risk-averse sentiment swept markets after gains in November.Read More
Temasek-backed Atomberg Technologies is reportedly considering a Mumbai IPO to raise approximately $200 million. The Indian consumer electronics firm, also backed by Steadview Capital and Jungle Ventures, is in early discussions with investment banks. This potential listing, which could include new shares and secondary sales, is anticipated as early as next year, capitalizing on India’s...Read More
India’s robust GDP growth fuels expectations of an RBI interest rate cut, with experts citing favorable macro conditions. Despite strong real GDP, nominal growth remains a concern, prompting calls for immediate easing. Equity markets show uneven breadth, with midcaps outperforming lagging smallcaps. The banking sector is poised for a strong phase, while IPO valuations remain...Read More
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