Adani Power shares could rally up to 30%, says Antique Stock Broking, which has initiated coverage with a Buy rating. The brokerage cites a strong earnings upcycle driven by aggressive capacity expansion, rising baseload power demand, and improved cash-flow visibility from long-term PPAs.Read More

Fertiliser stocks surged as Finance Minister Nirmala Sitharaman assured no shortage of urea for the current rabi season. The government has ramped up urea imports and increased subsidies to ensure farmers receive adequate nutrients at affordable prices. India’s urea imports more than doubled during April-October to meet domestic demand.Read More

Inox Wind’s shares are expected to see activity following a new 100-MW order from Jakson Green. This follows a recent 102.3-MW order from ABREL EPC. These orders could significantly boost the company’s order book. Inox Wind recently reported its strongest second-quarter results, showing improved execution and profitability. The company is well-positioned for future growth.Read More

Citi has maintained a cautious view on the IT services sector, citing a slow and uncertain recovery in demand. Within Indian IT, the brokerage prefers Infosys and HCL Technologies over other large-cap peers, even as it keeps a guarded stance on the sector and says a macro-led rebound has yet to materialise.Read More

India’s equity market is feeling the heat as the rupee hits record lows, raising concerns about the ongoing economic recovery. Foreign investors are pulling money out, impacting capital flows crucial for growth. While tech exporters benefit from a weaker rupee, other sectors face challenges, suggesting a period of selective investment and continued market volatility.Read More

ICICI Prudential AMC’s IPO entered its final day of bidding amid strong investor interest, supported by a firm grey market premium. Robust demand across investor categories, favourable brokerage recommendations and leadership in the asset management space underscore optimism, even as valuations remain on the higher side for short-term gains.Read More

The Indian rupee hit a new all-time low for the fourth straight day, reaching 90.82. This decline is driven by dollar demand from maturing positions in the non-deliverable forwards market and ongoing portfolio outflows. The rupee’s significant 6% drop against the dollar this year makes it one of the worst-performing emerging market currencies globally, impacted...Read More

As of December 15, five stocks in the NSE F&O segment witnessed a sharp rise in futures open interest, signalling increased derivatives activity and expanding trader positions. Kaynes Technology India, Sammaan Capital, BSE, Life Insurance Corporation of India and ICICI Prudential Life Insurance Company recorded notable OI gains, indicating heightened market participation.Read More

BofA predicts Nifty will trounce the S&P 500 in 2026 with an 11-12% surge, reversing a tough 2025. This optimism is fueled by improving earnings visibility and expected foreign investor inflows. However, currency fluctuations, crude oil prices, a delayed India-US trade deal, and a potential US AI bubble pose significant risks.Read More

Indian stock markets opened lower today. The Sensex and Nifty declined, continuing yesterday’s trend. Foreign investors are selling shares. The Indian rupee weakened against the dollar. Uncertainty surrounds a trade deal with the United States. Broader markets also faced pressure. Investors await new developments and clarity on the trade agreement.Read More