Adani Enterprises is set to raise 10 billion rupees through a public bond issue next week, with an additional 5 billion rupees greenshoe option. The company will offer two-, three-, and five-year maturities with annual coupons ranging from 8.60% to 8.90%. The issue, rated AA- by CARE Ratings and ICRA, opens on January 6 and...Read More

A sharp excise duty hike on cigarettes is set to pressure cigarette stocks in the near term, while autos, banks and select metals offer better risk-reward for 2026, says Nischal Maheshwari. Price hikes, consumer downtrading and sector rotation could drive market moves as GST cuts, rate easing and consolidation reshape key sectors.Read More

Indian equities enter 2026 with valuations below their long-term averages but remain costlier than Asian peers. The market’s premium now hinges on earnings recovery and renewed global investor interest rather than valuation comfort alone.Read More

Ashok Leyland shares extended their winning streak for a fifth straight session, supported by strong December sales, improving financial performance, and bullish technical indicators, even as the stock appears overbought in the short term.Read More

ITC shares slid to a three-year low after a sharp two-day, 14% fall triggered by a steep cigarette tax hike, prompting multiple brokerage downgrades amid concerns that large price increases will be needed to offset the impact, risking volumes and earnings.Read More

Bajaj Auto shares saw a dip following a modest 3% rise in domestic two-wheeler sales for December. However, total sales climbed 14% year-on-year. Exports surged 24%, and commercial vehicle sales also grew. The company reported a significant 53% jump in consolidated net profit for the quarter, driven by strong revenue and a favorable vehicle mix.Read More

Markets may rebound in the coming quarters as earnings visibility improves, with analysts penciling in 12-14% consensus earnings growth. Mayuresh Joshi highlights opportunities in consumer discretionary, BFSI, and infrastructure, with specific stock picks like Vishal Mega Mart, Shriram Finance, and Uno Minda showing promise.Read More

Bitcoin and Ethereum start 2026 on a balanced note, trading near $88,000 and $3,000 respectively. Major altcoins like BNB, XRP, Solana, Dogecoin, and Cardano gain over 8%, while whale accumulation rises, supporting underlying strength. Market remains cautious with consolidation and moderate momentum, as investors await clear signals for the next decisive move in the early...Read More

Devyani International and Sapphire Foods will merge through a near-parity share-swap to create one of India’s largest QSR players with over 3,000 outlets and revenue above Rs 7,800 crore, bringing all KFC and Pizza Hut operations under one operator, with limited arbitrage and equal synergy benefits for shareholders.Read More

Indian stock markets look cheaper than those in the US based on a key valuation measure. Despite being above historical averages, Indian markets are considered fairly valued. This is due to strong earnings growth and positive economic outlook. Bond yields have also fallen, supporting this view. Higher market valuations are expected in the coming quarters.Read More