The Indian rupee experienced a significant rebound on Wednesday, climbing 0.7% after hitting record lows for four straight days. This surge followed aggressive intervention by the Reserve Bank of India, with state-run banks reportedly selling dollars. The currency’s earlier decline was attributed to portfolio outflows and ongoing trade tensions with the United States.Read More

Nephrocare Health Services debuted on stock exchanges with a 7% premium, opening at Rs 491.70 on BSE and Rs 490 on NSE. The company’s Rs 871.39 crore IPO saw robust demand, with QIBs and NIIs leading subscriptions. Nephrocare, India’s largest dialysis provider, aims to use IPO proceeds for debt reduction and expansion.Read More

Park Medi World debuted on the stock market, listing at a discount of up to 4% despite strong IPO demand. The IPO saw an overall subscription of 8.52 times, with non-institutional investors leading the charge. The NII portion was subscribed nearly 16 times. The hospital chain’s shares opened below grey market expectations, reflecting cautious investor...Read More

Axis Direct’s latest report highlights the top 10 large-cap companies by dividend yield over the last 12 months.Read More

Despite Nifty’s pressure, earnings expectations offer optimism, especially for financials. However, foreign investors have more emerging market options, leading to selling. Fund managers remain constructive on select stocks, with a preference for largecaps and some midcaps, as opportunities emerge from market corrections.Read More

Rekha Jhunjhunwala emerged as a rare outperformer in a tough 2025 for Indian equities, when many marquee investors were hit by the smallcap slump. Her portfolio of 25 listed stocks avoided major losses and ended the year slightly higher, with its value rising from about Rs 40,589 crore to Rs 41,379 crore, highlighting relative resilience...Read More

Indraprastha Gas Ltd (IGL) shares surged after Nomura upgraded the stock to ‘Buy’ from ‘Neutral’, citing attractive valuations and margin tailwinds from softer gas prices. The brokerage assigned a target price of Rs 230, implying a 26% upside, as falling US Henry Hub and stable domestic gas prices are expected to boost profitability.Read More

Defence stocks could gain if the Union Budget addresses execution and capacity bottlenecks, says market analyst Ambareesh Baliga. He prefers PSU banks over private lenders on improving balance sheets and possible consolidation, and sees affordable housing finance—especially Aavas—as a key NBFC play. Trade deal delays are not a major market risk, he adds.Read More

Shakti Pumps shares fell sharply on Wednesday as investors booked profits after a sharp 40% rally in just four sessions. The recent surge was driven by multiple order wins in December. On the technical front, the stock’s 14-day Relative Strength Index (RSI) stands at 65.4. An RSI below 30 indicates oversold conditions, while readings above...Read More

Indian government bonds rose on Wednesday as market participants anticipated the central bank’s debt purchase and foreign exchange intervention, which boosted hopes for liquidity infusion. The benchmark 10-year yield eased slightly, reflecting increased bond prices. This follows the Reserve Bank of India’s aggressive intervention to support the rupee, which had hit record lows.Read More