Markets News

Indian Overseas Bank slips 5% as govt launches up to 3% stake sale via OFS

Government proposes to sell up to 38,51,31,796 shares or 2 per cent of equity on December 17, 2025, for non-retail investors and on December 18, 2025, for retail investors, under the 'Base offer'.

Stock Market LIVE: Sensex down 200 pts; Nifty below 25,800; SMIDs slip; PSU Bk, IT shares gain

Sensex Today | Stock Market LIVE on December 17, 2025: In the broader market, the BSE MidCap and the SmallCap indices also slipped into red, and were down 0.3 per cent and 0.41 per cent, respectively

Rupee jumps the most in over three-years on RBI support; trades at 90.33/$

The Indian currency strengthened past 90-per-dollar mark in Wednesday's session as the central bank curbed excess volatility

Blue Cloud shares rise 4% on BSNL 5G FWA empanelment in Maharashtra, Goa

Blue Cloud Softech Solutions was empanelled as an official partner of Bharat Sanchar Nigam Ltd. for 5G Fixed Wireless Access (5G FWA) services.

Motilal Oswal retains Buy on Vishal Mega Mart, sees 25% upside; here's why

MOFSL said Vishal Mega Mart's management remains optimistic about sustaining double-digit Same Store Sales Growth on an annual basis for a fairly long period

Morgan Stanley sees re-rating for RIL; raises target, retains 'Overweight'

The report identifies multiple structural themes across RIL's portfolio-spanning energy, chemicals, retail and telecom-that together add up to over $50 billion in NAV

EPACK Durable up 27% in 2 days on huge volumes; What's driving the rally?

As of 11:55 AM, a combined 38.26 million equity shares representing 39 per cent of the total equity of the company have changed hands on the NSE and BSE

Steel cos to face near-term headwinds, warns Elara Capital; flags 4 reasons

Elara expects steel companies to face near-term headwinds, driven by softer steel prices alongside rising raw material costs, which are likely to result in margin compression in Q3FY26

Oil market straddles geopolitics, EV shift; WTI seen at $54-57 in Q1 2026

Oil price outlook: The most significant downward pressure on oil prices this month stems from renewed optimism regarding the conflict in Ukraine.

Asian shares mixed as Trump orders blockade of oil tankers to Venezuela

Tokyo's Nikkei 225 shed 0.3 per cent to 49,237.58. Traders awaited a decision on an interest rate hike by the Bank of Japan later in the week

PSU banks in focus; SBI, Canara Bank gain 2% in subdued market; here's why

As of 10:45 AM, the Nifty PSU Bank index was up 1 per cent, as compared to a 0.16 per cent decline in the Nifty 50.

Meesho shares jump 19%, extend gains to nearly 90% over IPO price

Meesho stock rose as much as 19 per cent during the day to a new high of ₹214.4 per share, the best session since listing on December 10 this year

Emkay sees ENBD deal transforming RBL Bank; retains 'Buy,' raises target

RBL Bank's management indicated that regulatory approvals for the deal are expected by mid-Q4FY26

Aditya Birla Real Estate up 3% as CCI clears paper & pulp biz sale to ITC

e buying on the counter came after the CCI approved ITC's acquisition of Aditya Birla Real Estate's pulp and paper business

Ahluwalia Contracts share price rises 5% on winning ₹888 crore order

Ahluwalia Contracts (India) share price jumped over 7% in Wednesday's session. As of now, the stock price pared gains and was trading 3.61% higher at ₹986.51 apiece.

eClerx Services shares rise 4% on increasing buyback price to ₹4,800

The maximum number of equity shares proposed to be bought back by the company has been consequently reduced to 6,25,000, representing up to 1.31 per cent stake

Centrum Broking initiates with 'Buy' on KFin Tech; Check outlook, target

Centrum Broking initiated coverage on KFin Tech with a 'Buy' rating and a target price of ₹1,330, an upside potential of 28.5 per cent from Tuesday's closing price.

Nephrocare Health makes positive D-street debut; shares list at 6% premium

Nephrocare Health share opened its maiden session on the BSE at ₹491.70 per share, reflecting a premium of ₹31.70, or 6.89 per cent, over the issue price of ₹460 per share.

Park Medi World makes muted debut, lists at 4% discount; miss GMP estimates

Park Medi World shares opened at ₹158.80 on the NSE, a discount of ₹3.2 or 2 per cent from the issue price of ₹162

Indraprastha Gas jumps 6% as Nomura upgrades stock on easing gas prices

On the bourses, IGL share price rallied up to 5.54 per cent to an intraday high of ₹193.35 per share, while MGL share price rose up to 4.22 per cent to an intraday high of ₹1,159.25.