Excelsoft Technologies’ Rs 500-crore IPO has entered its final bidding day with strong traction, recording 6.89 times subscription by Day 2. Investors bid for 21.14 crore shares against 3.07 crore on offer. The GMP has eased to 11.7%, implying a potential listing near Rs 134. The issue includes a Rs 180-crore fresh issue and a...Read More

Kotak Mahindra Bank’s board meets today to consider a stock split, a move aimed at boosting liquidity and making shares more affordable. The lender has a history of stock splits and bonus issuances, including a previous split in 2010 and a 1:1 bonus in 2015.Read More

Mahindra & Mahindra (M&M) shares traded in the green following robust investor day guidance. The company targets 15-40% organic revenue CAGR between FY26-FY30, with a strong focus on exports and a new SUV lineup. Analysts remain optimistic, reiterating Buy and Overweight ratings with significant upside potential projected.Read More

Seven Nifty50 stocks showed building strength on 20 November as their RSI levels moved above 50. This shift signals improving momentum and early bullish interest, offering traders timely cues for identifying emerging opportunities in a developing uptrend.Read More

Indian stock markets opened lower on Friday. The Sensex and Nifty paused their recent gains. This comes after a global market downturn. Investors are reacting to U.S. jobs data. The data has created uncertainty about future interest rates. Despite this dip, Indian benchmarks are still close to record highs.Read More

Indian healthcare is entering a new growth cycle, with hospitals and CDMO players expected to deliver strong 20% EBITDA CAGR, while large generic pharma companies may face earnings pressure by FY27, says JM Financial’s Amey Chalke. Despite tariff concerns, India’s pharma exports, China+1 momentum, and value-added product shift continue to provide strong structural tailwinds for...Read More

RIL shares are in focus after the company halted Russian crude at its Jamnagar SEZ refinery ahead of EU sanctions. The transition to non-Russian crude for all exports starting December 1 was completed ahead of schedule. RIL, India’s largest buyer of Russian oil, continues to honor pre-committed cargoes, while its stock remains in a bullish...Read More

PGIM India Asset Management suggests disciplined multi-asset investing for current market volatility. The PGIM India Multi-Asset Allocation Fund aims to balance upside participation with downside protection. It combines equities, fixed income, and precious metals. The fund focuses on quality and growth in equities, with a domestic outlook for sectors like consumer discretionary and financials.Read More

India’s telecom sector is entering a multi-year growth cycle driven by strong ARPU expansion, consolidation, and easing capex, says JM Financial’s Dayanand Mittal. Bharti Airtel and Reliance Jio are set to dominate as free cash flows surge. Meanwhile, upstream oil companies like Oil India and ONGC emerge as top picks amid attractive valuations and strong...Read More

Adani Group has fully exited Adani Wilmar Ltd. The conglomerate sold its final stake in a block deal. Domestic and international institutional investors bought the shares. Wilmar International is now the sole promoter of Adani Wilmar. This move removes uncertainty and concentrates ownership. The company now enters a new phase as an MNC-controlled entity.Read More