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Bitcoin hovers near $94,000 while Ethereum stays above $3,200 as major altcoins rally. Market optimism is supported by institutional activity and US-Venezuela geopolitical developments.
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HDFC Bank shares fell for a second straight day after its Q3FY26 business update. Despite healthy growth in advances and deposits, the stock was weighed down by weak market sentiment and worries over deposit traction.
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Ola Electric shares extended their rally for a fourth consecutive session, rising over 4% to Rs 45.87 on the NSE. The surge is driven by improving operational performance, strong December demand, and the rollout of the Hyperservice program, which boosted service efficiency and market share across major EV states.
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Cupid shares staged a strong recovery, bouncing back significantly after a recent steep correction. This rebound is attributed to short covering and renewed investor confidence in the company’s long-term fundamentals. Cupid had previously clarified to stock exchanges that it was unaware of any undisclosed material events causing the unusual share price movement.
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Tata Steel, one of 2025’s best-performing Tata Group stocks, may extend its gains in 2026 as analysts highlight strong domestic growth, rising India volumes, supportive tariffs, and a robust expansion pipeline. Despite European challenges, improving cash flows, deleveraging, and higher earnings estimates reinforce bullish sentiment heading into the new year.
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US action in Venezuela may not trigger sharp oil price moves anytime soon, says Invesco’s Arnab Das. Rebuilding Venezuela’s oil sector will take years, while dollar dominance remains intact. Gold continues to benefit from geopolitical uncertainty, and US tariff comments on India are seen more as pressure tactics than immediate trade threats.
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Reliance Industries shares fell 3.7% on Tuesday, reaching an intraday low of Rs 1,518.30, amid a significant spike in trade volumes. The company stated it expects no Russian crude oil deliveries in January, denying a report about vessels heading to its refinery. This comes as US President Trump threatened tariffs on India if it doesn’t...
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Five initial public offerings are set to launch this week, with early grey market premiums indicating strong investor interest. Bharat Coking Coal’s IPO is particularly noteworthy, with potential listing gains of over 70% suggested by its grey market premium. Gabion Technologies also shows promising early signals with a 37% GMP.
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Trent shares fell sharply on Tuesday, erasing Rs 13,000 crore in market value, as investors reacted to a sharp slowdown in growth metrics. Despite 17% revenue growth, weakening same-store sales and a sustained drop in revenue per square foot signalled deteriorating productivity, overshadowing the retailer’s aggressive expansion across Zudio and Westside.
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Select Nifty stocks like Kotak Bank, ICICI Bank, BEL, Trent and Grasim saw meaningful EPS upgrades in December, signalling early stability in earnings expectations despite broader market caution.
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