A report by Kotak Equities warns that Indian households may be overestimating the value of their gold jewellery, as making charges and falling stone prices have sharply diluted real returns. Despite soaring bullion prices, jewellery-heavy portfolios have lagged, with actual gains far below headline gold appreciation, particularly for lower-income families.Read More

Aequs’ Rs 921.8 crore IPO has garnered strong investor interest, with shares commanding a 30% grey market premium ahead of the December 10 listing. The issue was subscribed over 104 times, backed by robust QIB demand, even as the company’s recent financials show losses and muted revenue growth.Read More

Meesho shares are trading at a grey market premium of Rs 40–41, a 36% gain over the IPO price, ahead of the company’s market debut on December 10. IPO allotments will be finalized by December 8, with shares credited to demat accounts on December 9.Read More

Japanese government bond yields are climbing to multi-year peaks. Traders anticipate the Bank of Japan will increase interest rates next week. Governor Kazuo Ueda’s comments suggest a policy tightening is being considered. This move is expected to be tolerated by the government. The 10-year JGB yield has reached its highest point since July 2007.Read More

Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and potential opportunities in auto distribution. However, aviation faces further challenges. Digital platforms are preferred over insurers. Domestic institutions are buying IT stocks as foreign investors sell.Read More

Kesoram Industries surged 20% after Frontier Warehousing acquired a 42.8% controlling stake through a block deal, marking the Birla family’s full exit from the company. The stake purchase follows the earlier demerger of Kesoram’s cement business into UltraTech, leaving the firm focused on its non-cement operations.Read More

Fino Payments Bank fell 6% to Rs 295.75 even after becoming the first Payments Bank in India to get RBI’s in-principle approval to convert into a Small Finance Bank (SFB). The transition is aimed at expanding its product portfolio, lending operations, and customer reach.Read More

IndiGo faces significant financial headwinds due to widespread flight cancellations extending through December, impacting revenue by an estimated 5-7%. The airline is also grappling with increased pilot costs due to new regulations. Analysts, however, view this as a temporary operational blip, with operations expected to stabilize within weeks.Read More

Bitcoin has stabilized above $91,000 after a strong rebound, with Ethereum also holding firm above $3,000. Major altcoins are showing gains, contributing to a global crypto market cap nearing $3.1 trillion. Analysts suggest bullish momentum is building, with potential for further upside if the Fed cuts rates, though $87,500 remains a key support.Read More

Indian government bonds saw gains on Monday. Buyers found value in various bond maturities following the Reserve Bank of India’s policy actions. The central bank announced a rate cut and plans for bond purchases to inject liquidity. This move has shifted investor interest away from the benchmark 10-year notes.Read More