Indian stocks traded lower on Thursday, with the Sensex and Nifty snapping a three-day winning streak. Investors watched for progress on a potential India-U.S. trade agreement. Financial and IT shares led the declines. However, the market soon saw a quick recovery and traded in the green. Midcap and smallcap stocks edged up.Read More

Indian markets see a valuation divide in IPOs. Foreign firms LG Electronics India and Tenneco Clean Air India offer attractive pricing. This contrasts with domestic startups like Lenskart and Groww, which launched at high valuations. Investors are now favoring companies with clear profits and good governance. This trend may encourage more global companies to list...Read More

Shriram Wealth’s Vikas Satija sees market momentum driven by trade deal hopes, with global bourses rallying. He remains bullish on gold despite a recent correction, citing strong underlying demand. Satija highlights positive Q2 earnings, particularly in financials and autos, and favors consumer, power, and banking sectors for future growth.Read More

Real estate firm BPTP Ltd is reportedly seeking a merchant banker to list its business, aiming to tap into a booming IPO market. With a substantial land bank and ambitious project launches planned, the company anticipates significant revenue growth. This move aligns with a broader trend of increased real estate listings and fundraising in recent...Read More

Tenneco Clean Air India’s IPO presents a compelling investment opportunity. The company manufactures clean-air systems and powertrain components. It boasts strong market leadership and deep customer relationships. Analysts highlight improving profitability and attractive valuations. Industry tailwinds like stricter emission norms and premiumization are expected to drive growth.Read More

Mahindra & Mahindra announced a 50:50 life insurance joint venture with Manulife, approved by its board on November 12. The JVCo will offer life insurance solutions in India, with an initial investment of Rs 1,250 crore from each party. This venture aims to tap into India’s growing life insurance market, particularly in rural and semi-urban...Read More

Asian Paints achieved strong sales growth in decorative paints, marking a significant turnaround. The company’s profit also saw year-on-year improvement. This positive performance comes despite challenging market conditions. Demand is expected to be supported by upcoming festive seasons and agricultural output. Asian Paints continues to focus on cost efficiencies and brand investments.Read More

Emmvee Photovoltaic Power is expanding rapidly, with plans to boost its module capacity to 16.3 GW and solar cell capacity to 8.94 GW by FY28. The company has shown strong financial growth, with PAT rising to Rs 369 crore in FY25. SBI Securities recommends a “Subscribe for Long Term,” citing solid fundamentals and improved profitability...Read More

Anand Shah of ICICI Prudential AMC expresses caution on India’s IPO market, citing stretched valuations and unrealistic growth assumptions. He believes genuine value lies in established listed companies with proven earnings, strong business moats, and rational pricing, especially amidst a time-correcting market.Read More

Ashok Leyland share price: Ashok Leyland reported a 7% YoY rise in Q2 net profit to Rs 820 crore, driven by strong exports, operational efficiencies, and steady margins. Brokerages remain bullish, with Nomura and Morgan Stanley raising target prices, citing improved profitability, structural growth, and attractive valuations.Read More