Punjab National Bank shares are under scrutiny after revealing a Rs 2,434 crore borrowing fraud involving SREI Equipment Finance and SREI Infrastructure Finance. The bank has fully provisioned for the outstanding amounts linked to these companies, which previously underwent insolvency proceedings. This news follows a period of strong returns for PNB stock.Read More

Coforge is set to be in focus after announcing a $2.35 billion acquisition of AI firm Encora to boost its artificial intelligence capabilities and expand its global reach. The deal, which aims to generate $2 billion in annual revenues by March 2027, marks a significant international expansion for the IT services provider.Read More

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.Read More

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.Read More

Shyam Dhani Industries is poised for a strong market debut on NSE SME on December 30, with grey market indicators suggesting a 90% listing premium. The company’s Rs 38.49 crore IPO saw an overwhelming subscription of 988 times, driven by retail investors.Read More

Silver surged past $80 an ounce, reaching an all-time high, driven by supply constraints, robust industrial demand, and expectations of U.S. interest rate cuts. Platinum also hit a record, while gold saw a slight dip after its own record-breaking session. These precious metals are benefiting from a low-interest-rate environment and geopolitical factors.Read More

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Bandhan Bank has sold a ₹3,212 crore microfinance non-performing loan portfolio to ARCIL for ₹578 crore. This sale followed a Swiss Challenge process. The bank also initiated a process to sell an additional ₹3,720 crore in loans. These actions come as the bank’s asset quality faced pressure from the microfinance segment.Read More

The finance ministry is reviewing the Pradhan Mantri Fasal Bima Yojana’s cup-and-cap model. This comes as crop insurance business declines, with premium collections expected to fall significantly. Large states are shifting to the cup-and-cap model, which limits insurer risk and profitability. The review aims to ensure the scheme’s long-term sustainability and effective farmer coverage.Read More

Global stocks hovered near record highs amid light trading, while silver surged to a new peak, extending a historic year-end rally. Equities saw gains in Australia, with modest declines anticipated in Japan. Investors are closely watching AI trends and Federal Reserve interest rate decisions for future market direction.Read More