ICICI Prudential AMC will open its IPO on December 12 as a pure offer for sale worth about Rs 10,600 crore. With strong AUM leadership, rising profitability, and low capital intensity, the AMC enters the market with favourable industry tailwinds, broad scheme offerings, and strong investor visibility through shareholder reservation.Read More

The Indian rupee ended weaker on Monday as a fall in local equities and marginal slip in Asian currencies weighed on the currency, while traders remained cautious on speculative positions as the rupee settles into a fresh trading range.Read More

Why Market is Falling Today: Indian equity markets experienced a significant dip on Monday, with both Sensex and Nifty declining by nearly 1%. Investors cashed in on gains in small and midcap stocks, while foreign fund outflows and anticipation of the US Federal Reserve’s policy decision added to the cautious mood. Selling pressure impacted major...Read More

Wakefit’s IPO opened to a subdued 11% Day 1 subscription, with retail showing moderate interest and institutions staying away. Despite a positive GMP hinting at a premium listing, concerns persist over ongoing losses, high costs and limited operating leverage.Read More

European shares were muted on Monday, with declines in consumer-facing stocks offsetting gains in industrials and healthcare stocks, while investors awaited the U.S. Federal Reserve’s monetary policy meeting this week.Read More

Japan’s Nikkei share average edged higher on Monday, supported by a pause in recent yen strength and a rebound in property shares, but was held back by sharp declines for heavyweight stock SoftBank Group.Read More

Ambit Capital has initiated coverage on Tata Motors’ CV business with a ‘Buy’ rating, citing market leadership, operating leverage and Iveco-driven global expansion. Strong revenue and EBITDA trends, improving execution, and strategic restructuring support long-term prospects, though market share volatility and execution risks remain key variables influencing potential re-rating momentum.Read More

Realty firm Urban Vault has given on lease 21,000 sq ft office spaces in Bengaluru to three Japanese firms, Nachi, Pioneer, and Komatsu, for establishing Global Capability Centres (GCCs).Read More

India’s IPO market has hit an all-time high of ₹1.77 trillion as companies tap strong retail participation and steady institutional demand. Despite muted secondary-market returns and stretched valuations leaving many recent listings below issue price, the fundraising pipeline remains robust with major deals lined up through mid-December and beyond.Read More

IndiGo shares have plunged over 16% in six sessions, erasing Rs 37,000 crore in market value as severe operational disruptions and new FDTL norms trigger widespread cancellations. Brokerages have slashed targets citing rising costs and pilot shortages, though some see long-term strength despite near-term turbulence and regulatory scrutiny.Read More