CAMS shares dropped 41% in early trade as the stock began trading ex-split following its 1:5 split, reducing the face value from Rs 10 to Rs 2. The steep fall is a routine technical adjustment reflecting the increased share count, with no impact on fundamentals. The split aims to boost liquidity and enhance retail participation.Read More
Banking, NBFC, auto, and realty stocks saw gains of up to 2% on Friday following the Reserve Bank of India’s 25 basis point repo rate cut. This move, aligning with expectations, was driven by record-low retail inflation and a stable price outlook, aiming to bolster economic growth.Read More
Valuation guru Aswath Damodaran questions if trillion-dollar market caps, particularly Nvidia’s, are driven by genuine performance or investor fantasy. He uses a ‘possible, plausible, probable’ framework to assess Nvidia’s revenue needs and warns of the ‘Big Market Delusion’ in AI, where aggregate valuations outstrip realistic revenue potential.Read More
Global hedge funds are ending 2025 on a strong footing, delivering nearly 15% returns through November, driven by stock pickers, quant strategies, and a standout rally in healthcare. While long-short equity funds outperformed major U.S. indices, TMT-focused funds lagged due to a tech sell-off. Regionally, managers remained bullish on North America, added exposure to Japan,...Read More
Reliance Industries’ credit rating has been upgraded to ‘A-‘ by S&P Global Ratings, citing improved cash flow stability and a strong earnings outlook driven by its consumer-facing businesses. The agency anticipates prudent financial management and expects earnings growth to outpace high capital expenditure, maintaining a stable outlook.Read More
Hindustan Unilever Ltd (HUL) has set December 5, 2025, as the record date for the demerger of its ice-cream business into Kwality Wall’s (India) Limited (KWIL). This strategic move aims to unlock value by separating the high-growth ice-cream segment. The demerger is scheduled to be effective December 1, 2025, with KWIL expected to list in...Read More
Fitch Ratings expects Indian IT services to post mid-single digit revenue growth in 2026 as global macro conditions remain flat and discretionary tech spending stays weak. BFSI demand remains steady, but consumer, retail and manufacturing lag. Fitch says Indian IT is well positioned for AI-led enterprise transformation, while GCC expansion heightens talent competition and wage...Read More
ITC Hotels shares will be in focus after British American Tobacco (BAT) announced plans to sell up to a 15.3% stake. BAT, which acquired the stake during ITC’s hotel business demerger, aims to use the proceeds to reduce leverage and meet its 2026 financial targets. ITC Hotels became a separately listed entity in January 2025.Read More
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