Day

December 16, 2025
Elon Musk’s net worth surged past $600 billion after a sharp one-day jump, driven by a major revaluation of SpaceX. The rise has widened the gap between Musk and other global billionaires, highlighting SpaceX’s growing role in his wealth and fuelling speculation about a future trillionaire milestone.
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Vedanta Demerger: The demerger will lead to the creation of five separate entities – aluminium, oil & gas, ferrous, power and steel.​
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Gujarat Kidney and Super Speciality has set a price band of ₹108–114 for its ₹251 crore IPO, which will open for subscription from December 22 to 24, 2025. The issue is a fresh offer of up to 2.2 crore shares, with allocations of 75% for QIBs, 15% for NIIs and 10% for retail investors.
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Nifty has slipped below 25,900, signalling short-term weakness, but its broader uptrend remains intact, says HDFC Securities’ Vinay Rajani. He has also flagged 26,060 as the key resistance for a bullish reversal and 25,700 as crucial support. A break below this level could turn the trend into a positional downtrend.
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Silver has surpassed crude oil in price for the first time in over four decades, driven by a powerful rally fueled by industrial demand, safe-haven buying and macro shifts, while oil remains pressured by weak demand and oversupply.
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Coworking major BHIVE Workspace is in advanced talks to raise up to Rs 400 crore in a pre-IPO round, combining debt and equity funding. The capital will strengthen its balance sheet and fuel expansion into new cities as the company prepares for a planned IPO in 2027.
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Market expert Nitin Bhasin anticipates a phase of moderation for 2026, with largecaps likely to trade sideways while midcaps and smallcaps face sharper earnings moderation. He favors IT, FMCG, and pharma, and highlights opportunities in MSMEs and companies with global revenue streams, advising patience and sectoral selectivity.
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PB Fintech shares fell amid concerns that the proposed Insurance Bill 2025 could allow IRDAI to cap insurance agent commissions, raising regulatory risks for digital insurance marketplaces and intermediaries.
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Equity markets offer selective opportunities across autos, banks and consumption, says Sandip Sabharwal. He prefers Bajaj Auto on export-led margins, passenger vehicles for momentum, and large banks such as Axis, ICICI Bank and SBI. IT remains defensive, while equipment makers look better than power generators. A consumption revival could lift FMCG stocks.
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European shares drifted lower on Tuesday, pulling back after robust gains in the previous session, while investor caution ahead of crucial U.S. jobs data added to the dour mood.
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