ICICI Prudential AMC has received its first buy rating ahead of listing, with PL Capital setting a Rs 3,000 target, implying 39% upside from the IPO price. The brokerage cites strong parentage, market-leading equity flows, consistent fund performance and superior profitability as key drivers for long-term growth.Read More

India’s InvIT and REIT distributions surged in Q2 FY2026, led by strong performance in REITs and road assets. Both public and private trusts reported robust quarter-on-quarter and year-on-year growth, supported by healthy operating metrics and new listings.Read More

India’s residential real estate delivered a robust 15% total return over the past year, driven by infrastructure-led development and improved connectivity in major cities. Despite rising unsold inventory, end-user demand and peripheral market growth support stable, long-term gains, positioning housing as a strong-performing, inflation-beating asset class.Read More

Indian Overseas Bank shares fell 4% to Rs 35 on December 17 as its offer for sale (OFS) opened with a 7% discount. The government aims to divest up to 3% stake, with retail investors able to bid from December 18. The OFS floor price is Rs 34, valuing the offer at over Rs 1,964...Read More

After a muted listing below its issue price, Park Medi World shares rebounded strongly, crossing the IPO price as investor interest returned, with experts advising a medium-to-long-term holding approach.Read More

India’s real estate market is undergoing a digital transformation. Tokenized property ownership allows investors to buy small fractions, making real estate accessible to more people. Platforms like Alt DRX are simplifying investment processes, offering transparency and liquidity. This innovation is set to unlock significant growth, democratizing wealth creation through property for millions across the nation.Read More

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The Indian rupee saw a sharp intraday reversal after the RBI intervened aggressively to curb its fall, highlighting fragile market sentiment. Heavy dollar selling by the central bank pushed the rupee from near 91 to an intraday high of 89.75 per dollar before it settled around 90.28.Read More

The rupee experienced significant fluctuations, initially weakening due to foreign fund outflows and trade deal uncertainty, but later recovering as crude oil prices eased. Forex traders noted persistent selling of Indian assets by foreign investors. The Finance Ministry acknowledged trade deficit and US trade deal prospects influencing the INR’s depreciation, potentially boosting exports.Read More

HDB Financial Services shares have corrected about 10% from post-listing highs, but Jefferies sees the pullback as an attractive entry point, citing improving growth, stabilising asset quality and expectations of better returns over the medium term.Read More