The RBI’s $5-billion forex swap and Rs 1 lakh crore in bond purchases mark a major liquidity infusion aimed at reinforcing rate cuts and easing pressure on a weak rupee. While the move may trigger short-term softness in the currency, economists say it boosts credit flow and gives the RBI more flexibility to manage volatility...Read More
Bitcoin and Ethereum experienced slight declines, trading around $92,000 and $3,158 respectively, as the broader crypto market capitalization dipped. While major altcoins saw significant drops, Tron rose. Analysts suggest Bitcoin is consolidating near resistance, with Ethereum showing signs of a potential breakout driven by accumulation, though altcoins are currently lagging.Read More
SpiceJet rose sharply as massive IndiGo flight disruptions boosted sentiment for the stock. IndiGo’s operational troubles, driven by crew shortages and new duty-hour rules, triggered over 400 cancellations, weighing on InterGlobe Aviation shares and shifting momentum across aviation-linked stocks.Read More
Despite fears of an affordability crisis, US consumer delinquency indicators show surprising resilience. While some metrics are elevated, credit card delinquencies are stabilizing, and overall debt servicing remains historically low. Strong wage growth offers a buffer, suggesting household finances might be weathering the storm better than anticipated, though student loan defaults pose a risk.Read More
Vidya Wires’ Rs 300-crore IPO entered its final bidding day with strong demand, after subscriptions hit 8.26 times and GMP improved to 10.6%. Robust retail and NII participation, attractive valuations, and sector tailwinds position the company favourably, with a potential listing price near Rs 57.5 per share.Read More
Gold prices slipped below Rs 1.3 lakh on MCX even as silver rebounded after a two-day decline, with traders turning cautious ahead of key U.S. inflation data and the Fed policy outcome. Global gold remained steady as higher Treasury yields and a firm dollar capped gains, keeping market sentiment mixed.Read More
Asit Bhandarkar identifies consumption, financials, and exporters as prime investment areas. Consumption is seen as a medium-term growth story. Financials offer attractive valuations and pristine asset quality. Exporters may also present opportunities. Investors are advised a balanced approach to navigate the current market complexities.Read More
Aequs’ IPO gains strong backing from brokerages despite losses, driven by its integrated aerospace manufacturing capabilities and long-standing global clients. Risks persist in non-core segments, but most analysts see long-term value supported by debt reduction, capex upgrades and strong order visibility.Read More
Hindustan Construction Company (HCC) shares dropped as the stock turned ex-rights ahead of its ₹999.99-crore rights issue. The company will issue up to 79.99 crore shares at ₹12.50 each, in a ratio of 277 rights shares for every 630 held. The offer opens on December 12 and closes on December 22, with rights renunciation allowed...Read More
Kaynes Technology shares fell sharply on Friday as investors remained unconvinced by the company’s detailed clarification on governance and accounting concerns flagged by Kotak and Investec. Despite management assurances, issues around related-party disclosures, working capital stress, and reliance on acquisitions continued to weigh on sentiment.Read More
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