Indian Bank plunged 5.5%, while Punjab National Bank and Canara Bank tumbled 4.3% and 3.8%, respectively. Bank of Baroda and Punjab & Sind Bank dropped more than 3% each.Read More

Kotak Mutual Fund advises investors to temper return expectations for next year, anticipating mid-caps to outperform large and small caps. The fund house suggests diversifying across equity, debt, and precious metals, with a 10% allocation to gold and silver due to global uncertainties. Earnings growth is expected to drive equity returns in 2026-27, potentially attracting...Read More

Foreign portfolio investors (FPIs) withdrew $933 million from Indian equities in early December, more than double November’s outflows, pressuring the rupee. Overseas investors have been net sellers in equities throughout 2025, with $17.33 billion withdrawn year-to-date. Factors like an absent US trade deal and overvalued stocks are cited for these exits.Read More

Despite Nifty 50 and Sensex reaching record highs, optimism is limited as nearly half of NSE’s top 500 stocks trade below key technical indicators. Market breadth remains weak, with gains concentrated in large-cap stocks, leaving many small and mid-cap investors with muted returns or losses.Read More

The bank now has a capital adequacy ratio of over 17%, so it does not need funds. As a promoter, we have always stated that whenever funds are required, it will be provided, says Ashok Hinduja, chairman, IndusInd International Holdings (IIHL).Read More

Nephrocare Health Services’ IPO opens December 10 with a fresh issue and OFS totaling significant funds. Proceeds will support new dialysis clinics, debt repayment, and expansion. India’s largest dialysis network, NephroPlus operates 519 clinics globally and reported strong financial growth in FY25.Read More

The Indian market ended weaker on Wednesday, with the Sensex and Nifty edging lower and extending their slide to a fourth session as investors stayed cautious near record levels.Read More

Shares of American Bitcoin, a bitcoin miner backed by two of U.S. President Donald Trump’s sons, steadied in premarket trading on Wednesday, a day after slumping nearly 40% following the expiry of a share lock-up.Read More

The rupee briefly crossed ninety against the dollar as trade imbalances, foreign investor exits and delays in a US trade deal pressured the currency. Despite limited RBI intervention, expectations of further weakening persist, with rising hedging costs and continued portfolio outflows.Read More

Benchmark indices fell for a third straight session, pressured by banks and financials ahead of the RBI policy. Technical indicators show weakening momentum, with Nifty slipping below the 21EMA. Analysts expect a bearish-to-sideways trend, while Anupam Rasayan and Infosys emerged as top buy ideas.Read More