Bharat Coking Coal, a Coal India subsidiary, is likely to launch a Rs 1,300 crore IPO in early 2026 via a pure offer for sale, valuing the debt-free PSU at about Rs 13,000 crore.Read More
European shares held steady on Monday, with gains in tech and commodity-linked stocks providing support, as investors started a holiday-shortened week on a tepid note following the previous session’s record-high close.Read More
IT stocks jumped up to 4% as softer US labour data and easing inflation revived hopes of a Fed rate cut. The Nifty IT index rose over 2% for a fourth straight session, led by Persistent Systems, Infosys, Wipro and Tech Mahindra, as lower borrowing costs are expected to support global tech spending.Read More
The Gujarat Kidney and Super Specialty IPO received a strong response on its opening day, with 90% subscription led by robust retail participation. While grey market signals point to a steady listing, analysts have flagged valuation concerns and advised caution given the company’s aggressive expansion plans and premium pricing.Read More
Indian equity markets are showing renewed strength, with the Nifty holding above key technical levels and poised to retest all-time highs. While the banking sector consolidates, IT, auto, and defence sectors are gaining traction. Tata Motors Passenger Vehicle and Hindalco are highlighted as attractive stock picks with bullish patterns and near-term targets.Read More
ICICI Direct expects Indian equities to regain momentum on the back of an earnings recovery and supportive macro conditions, targeting the Nifty 50 at 29,500 by December 2026. The brokerage has identified seven high-conviction stock picks across banking, financials, telecom, IT, real estate and cement, citing valuation comfort and earnings visibility.Read More
Wealth management expert Gurmeet Chadha has reiterated a structurally positive outlook on India’s economy and markets, citing falling borrowing costs and rising foreign interest. He expects Indian bond yields to decline over the next few years and favours a portfolio heavily weighted towards equities, reflecting confidence in India’s long-term growth prospects.Read More
Japan’s Nikkei share index surged for a second day. A weaker yen and strong AI investment sentiment fueled the gains. US stocks also rose on positive chipmaker forecasts. SoftBank Group, a key AI investor, saw a significant jump. This positive momentum is now visible in the Japanese market.Read More
ICICI Direct projects a stronger phase for Indian equities, targeting the Nifty 50 at 29,500 by December 2026, supported by an earnings revival, favourable macro conditions and more reasonable valuations. The brokerage highlights select stock picks and sectors while maintaining a constructive medium-term outlook for the market.Read More
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