AMC and wealth management stocks saw a sharp uptick on Thursday after Sebi’s final expense ratio framework proved less harsh than feared. Investors cheered lower-than-expected TER cuts, the exclusion of GST from base expenses, and limited brokerage fee reductions, easing profit concerns for firms such as HDFC AMC, Nippon Life India AMC, and Nuvama Wealth.Read More
Akzo Nobel India shares: Goldman Sachs bought shares worth ₹106 crore through a bulk deal, while promoter Imperial Chemical Industries sold a much larger stake worth ₹1,296 crore. The heavy promoter selling dragged the stock down over 11% in Wednesday’s session, despite Goldman’s purchase of about 3.36 lakh shares via its India equity portfolio.Read More
Vedanta’s plan to split into five listed, pure-play companies is moving closer to execution after tribunal approval, with Citi arguing the demerger could unlock value by narrowing the conglomerate discount. While key approvals and asset transfers are still pending, the brokerage says parent-level debt remains manageable and sees upside from aluminium prices, cost efficiencies and...Read More
On December 17, seven Nifty500 stocks closed more than 1.5% below their VWAP levels, signalling potential bearish pressure. A close below VWAP indicates the stock ended the session beneath its volume-weighted average price, often reflecting rising selling interest and weakening intraday sentiment among market participants.Read More
Titagarh Rail Systems secured a significant Rs 273.24 crore rail maintenance project from the Ministry of Railways for 62 Rail Borne Maintenance Vehicles. This contract, covering the entire lifecycle of the specialized machines, marks the company’s expansion into integrated rail safety solutions. Despite a recent Q2FY26 dip, the company maintains a robust order book.Read More
Dubai and Abu Dhabi are emerging as prime global wealth hubs for Indians, attracting high-net-worth individuals with their favourable tax regimes, robust business environments, and high-quality lifestyle. Seamless connectivity, a strong Indian diaspora, and attractive residency pathways like the Golden Visa are key drivers for this migration and investment trend.Read More
Glenmark’s entry into specialty pharma could unlock new growth opportunities, while rising competition keeps analysts cautious on Ola Electric and DMart, says Amnish Aggarwal, Head of Research at Prabhudas Lilladher. He also flaged selective opportunities in EMS players like Syrma and expects EPC stocks to gain traction as fresh government capex allocations approach.Read More
Five stocks in the NSE F&O segment recorded a sharp rise in futures open interest as of December 17, indicating heightened derivatives activity. Polycab India, Colgate-Palmolive (India), Sammaan Capital, Muthoot Finance and KEI Industries saw notable OI additions, reflecting fresh positions, expanding participation and growing trader interest.Read More
The Rs 710-crore KSH International IPO entered its final day with muted investor response, as the grey market premium slipped back to zero. Subscription stood at 26% by Day 2, with retail interest relatively better, while NII participation remained weak and QIBs stayed on the sidelines.Read More
Indian equities are poised for a blockbuster 2026, with a poll of 13 brokerages predicting the Sensex will surpass 90,000. This optimism stems from expected Fed rate cuts, accelerating earnings, and a potential reversal of foreign selloffs, with many anticipating foreign investor inflows.Read More
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