Day

December 3, 2025
KPI Green Energy shares: KPI Green Energy has secured a major EPC contract from GSECL to develop a 142 MW floating solar project at the Kadana Dam in Gujarat, strengthening the company’s position in large-scale renewable infrastructure.
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Nomura anticipates a significant rally in Indian equities by 2026, projecting the Nifty 50 to reach 29,300. The brokerage highlights stable macros, geopolitical calm, and a cyclical recovery as key drivers. Nomura has identified 20 stocks across sectors like financials, IT, and consumer discretionary poised to benefit from this upswing.
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In Delhi, 24-karat gold held steady at ₹1,30,770 per 10 grams, while 22-karat gold remained flat at ₹1,19,890 per 10 grams. Retail 24K gold was ₹13,099.06 per gram, and silver was quoted at ₹180.62 per gram.
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AU Small Finance Bank leads the Nifty Bank with 64% returns, boosted by RBI’s in-principle nod for universal bank status. Analysts see it as a tech play and long-term bet, with mutual funds increasing their stake. The stock shows a bullish trend, with potential for further upside.
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Market outlook turns favourable for PSBs, with analysts seeing stronger upside than private banks ahead of the RBI policy. Anand Rathi’s Narendra Solanki prefers Aptus Value Housing in housing finance, Union Bank and Indian Bank among PSBs, and Vishal Mega Mart over Trent in retail. Here’s the full breakdown of his sector strategy and stock...
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Apis India announces a 24:1 bonus issue on 5th December as the stock hits its 5% upper circuit amid strong 12-month and five-year returns. The company reported a 5.5% YoY rise in quarterly net profit.
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The Indian rupee weakened past the 90-per-dollar mark for the first time ever, reaching ₹90.13 on Wednesday — a new record low. This follows five straight days of decline, despite efforts by the Reserve Bank of India to intervene. The fall reflects ongoing weakness in capital inflows, strong demand from importers, and uncertainty over a...
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Market expert Mayuresh Joshi advocates for selective investments in banking, infrastructure, and paint sectors. He favors ICICI Bank, SBI, and Bank of Maharashtra, while seeing potential in cement players as proxies for infrastructure growth. Joshi also recommends holding Asian Paints due to strong fundamentals and market expansion opportunities.
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Sun Pharma Advanced Research Company surged for a second straight session after a U.S. court ruled in its favour on the Sezaby Priority Review Voucher. The stock jumped over 11%, extending Tuesday’s 20% rally, even as analysts caution about overbought technicals and continued quarterly losses.
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