Wockhardt shares on December 1 jumped 19% after the US FDA accepted the company’s New Drug Application for Zaynich, its first-in-class antibiotic. But the rally cooled over the next two days as investors booked profits, leading to back-to-back 5% drops.Read More

ITC Hotels’ upcoming block deal is unlikely to hurt the stock, says Elara Securities’ Prashant Biyani, who expects strong demand and room additions to drive upside. With aggressive expansion via management contracts, improving margins, and favourable hospitality sector trends, valuations still offer comfort. Key risks remain limited to any future slowdown in travel demand.Read More

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