Indian markets saw a dip on weekly expiry day, continuing their consolidation phase. The Nifty is nearing support levels. Investors are advised to focus on specific stocks in auto, banking, pharma, and IT sectors. Companies like Vedanta, Maruti Suzuki, KPI Green, Canara Bank, and CEAT are in focus due to recent developments.Read More

Nifty experienced selling pressure, closing lower at 26,032, with analysts noting uncertainty and resistance at 26,325. A bearish to sideways sentiment is expected to persist, with immediate support at a rising trendline on the hourly chart. Foreign portfolio investors were net sellers, while domestic institutional investors bought shares.Read More

Indian banks are boosting lending to higher-yield loans. This strategy aims to safeguard profit margins in a favorable credit market. Recent data shows an increase in the average lending rate on new loans. This trend helps banks maintain their net interest margins. Banks are also lending more to individuals and smaller businesses.Read More

IL&FS headquarters in BKC may see a 25% price increase. The NCLT allowed a valuation revision due to Mumbai’s real estate growth. Brookfield’s subsidiary Chronos must renew its performance guarantee within 30 days. This follows a dispute over the original bid terms from 2022. New valuations could reach ₹2,000-2,500 crore.Read More

Nomura has set a price target of 29,300 for the Nifty in 2026, projecting a nearly 13% upside. The brokerage cited calmer geopolitics, stable macros, and economic recovery as reasons for its positive outlook. Indian equities have underperformed global markets, bringing valuations in line with historical averages.Read More

Nifty Bank index is expanding to 14 stocks with Yes Bank and Union Bank of India joining. This change, mandated by Sebi, will reduce the influence of top constituents like HDFC, ICICI, and SBI. The rebalancing will occur in tranches from December to March. Passive funds tracking the index will adjust portfolios.Read More

Bajaj Finance has sold a significant stake in Bajaj Housing Finance. The deal involved 16.66 crore shares traded at Rs 95.3 each. This transaction represents a 2.35% equity stake, valued at approximately Rs 1,890 crore. The sale occurred at a discount to the previous day’s closing price. Bajaj Housing Finance shares experienced a notable drop...Read More

Bank of Maharashtra’s offer for sale saw robust investor demand on its opening day, with bids exceeding 400% of the base issue size. The government will now exercise its green-shoe option, expanding the total stake on offer to 6% after the strong response from non-retail investors.Read More

The IPO comprises a fresh issue of equity shares aggregating up to ₹377 crore and an OFS of 4.67 crore shares by existing investors. Axis Capital, IIFL Capital Services, and Nomura Financial Advisory are the book-running lead managers to the issue.Read More

E-commerce platform Meesho plans to raise ₹4,250 crore via a fresh issue for cloud infrastructure and capital expenditure, alongside an ₹1,171.2 crore offer for sale. Despite revenue growth, the company reported an increased net loss in FY25, though it narrowed in the six months to September.Read More