Reliance Power’s shares declined as the Enforcement Directorate filed a chargesheet in a fake bank guarantee case, weighing on investor sentiment and drawing renewed attention to the company’s ongoing legal challenges.Read More

Jio BlackRock AMC CIO Rishi Kohli turns selectively bullish as the fund house launches its arbitrage fund NFO. Kohli says improving earnings momentum, favourable seasonality and easing uncertainties could lift markets into 2026. He expects largecaps and midcaps to outperform smallcaps and sees strong opportunities in autos and BFSI. Arbitrage spreads have also strengthened in...Read More

JM Financial believes Reliance Jio’s planned IPO in 1HCY26 could be a major catalyst for India’s telecom sector, strengthening tariff-hike visibility, ARPU expansion and free cash flow for both Jio and Bharti Airtel. The brokerage projects ~12% ARPU CAGR through FY28, driven by tariff resets and premiumisation.Read More

ICICI Securities has initiated coverage on ITC Hotels with a ‘buy’ rating and a target price of Rs 250. The brokerage anticipates a multi-year growth phase for the hospitality major. This growth is expected to be fueled by a rapid scale-up in managed properties and a strong net-cash position. The company’s robust pipeline could expand...Read More

Japanese government bond yields are climbing to multi-year peaks. Traders anticipate the Bank of Japan will increase interest rates next week. Governor Kazuo Ueda’s comments suggest a policy tightening is being considered. This move is expected to be tolerated by the government. The 10-year JGB yield has reached its highest point since July 2007.Read More

Meesho shares are trading at a grey market premium of Rs 40–41, a 36% gain over the IPO price, ahead of the company’s market debut on December 10. IPO allotments will be finalized by December 8, with shares credited to demat accounts on December 9.Read More

Aequs’ Rs 921.8 crore IPO has garnered strong investor interest, with shares commanding a 30% grey market premium ahead of the December 10 listing. The issue was subscribed over 104 times, backed by robust QIB demand, even as the company’s recent financials show losses and muted revenue growth.Read More

A report by Kotak Equities warns that Indian households may be overestimating the value of their gold jewellery, as making charges and falling stone prices have sharply diluted real returns. Despite soaring bullion prices, jewellery-heavy portfolios have lagged, with actual gains far below headline gold appreciation, particularly for lower-income families.Read More

Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and potential opportunities in auto distribution. However, aviation faces further challenges. Digital platforms are preferred over insurers. Domestic institutions are buying IT stocks as foreign investors sell.Read More

Indian government bonds saw gains on Monday. Buyers found value in various bond maturities following the Reserve Bank of India’s policy actions. The central bank announced a rate cut and plans for bond purchases to inject liquidity. This move has shifted investor interest away from the benchmark 10-year notes.Read More