Markets News
Loan growth, lower cost targets positive for M&M Financial Services
M&MFS has a deep rural presence across 500,000 villages and a 12 million customer base
 "Loan growth, lower cost targets positive for M&M Financial Services")
ICICI Pru AMC IPO subscribed 39x; attracts bids worth nearly ₹3 trillion
The offering ranks as the second-most subscribed IPO of over Rs 10,000 crore since 2020
 "ICICI Pru AMC IPO subscribed 39x; attracts bids worth nearly ₹3 trillion")
Markets fall for a second day; Nifty dips 0.6%, Smallcaps decline 1%
A cautious global risk environment ahead of key US macroeconomic data releases later this week further curbed investor appetite for equities
 "Markets fall for a second day; Nifty dips 0.6%, Smallcaps decline 1%")
Bombay High Court ruling throws light on misuse of petitions to stall IPOs
Experts call for frameworks to identify, deter vexatious legal challenges
 "Bombay High Court ruling throws light on misuse of petitions to stall IPOs")
Sebi board likely to review MF fee structure, stock broker rules
Simplification in IPO documents, incentives for debt issuances also on agenda
 "Sebi board likely to review MF fee structure, stock broker rules")
ARPU gains, premiumisation to support Bharti Airtel's valuations
Lower capex, customer upgradation among the major drivers for the stock
 "ARPU gains, premiumisation to support Bharti Airtel's valuations")
Centre to sell up to 3% stake in Indian Overseas Bank, eyes ₹2,100 crore
The Centre will sell a base tranche of 2 per cent, or about 385.1 million shares, with an option to offload an additional 1 per cent, or 192.5 million shares, through a green shoe option
 "Centre to sell up to 3% stake in Indian Overseas Bank, eyes ₹2,100 crore")
Stock Market Highlights: Sensex slides 533 pts, Nifty ends at 25,860; Realty, Banks drag, SMIDs weak
Sensex Today| Stock Market Highlights on December 16, 2025: In the broader market, the Nifty MidCap 100 was down 0.83 per cent, and SmallCap declined 0.92 per cent
 "Stock Market Highlights: Sensex slides 533 pts, Nifty ends at 25,860; Realty, Banks drag, SMIDs weak")
Sensex cracks 533 pts, Nifty ends at 25,860; why markets fell today?
Stock Market Today: The BSE Sensex dropped to an intra-day low of 84,684, with Indian Rupee sliding to 91.05 versus the US dollar on Tuesday.
 "Sensex cracks 533 pts, Nifty ends at 25,860; why markets fell today?")
Bharti Airtel gains 2% in weak market; stock rallies 33% thus far in CY2025
Bharti Airtel stock outlook: Given the low inflation and no major upcoming elections, analysts at Motilal Oswal believe that the time is ripe for telcos to undertake the next tariff hike.
 "Bharti Airtel gains 2% in weak market; stock rallies 33% thus far in CY2025")
ICICI Prudential AMC IPO GMP steady, subscription tops 15x; should you bid?
ICICI Prudential AMC IPO Day 3 update: Check latest subscription, GMP, reviews, allotment date, listing date and other key details
 "ICICI Prudential AMC IPO GMP steady, subscription tops 15x; should you bid?")
Axis Bank shares slide 4% on reports of delay in NIM recovery; details here
According to media reports, Global brokerage Citi Research said that Axis Bank management indicated a delay in net interest margin recovery
 "Axis Bank shares slide 4% on reports of delay in NIM recovery; details here")
Mid, smallcap shares slip up to 5%; Ola Electric, PB Fintech top losers
In the Nifty Smallcap 100 basket, Ola Electric Mobility was the top loser, falling more than 4 per cent to ₹35.68. NBCC was down over 3 per cent
 "Mid, smallcap shares slip up to 5%; Ola Electric, PB Fintech top losers")
Kirloskar Oil Engines rallies 11%; stock hits 52-week high in weak market
Kirloskar Oil's efforts over the past few quarters to improve product mix are yielding results now in terms of strong growth of 40 per cent in the powergen segment of the company.
 "Kirloskar Oil Engines rallies 11%; stock hits 52-week high in weak market")
Nephrocare Health IPO GMP hints at decent Dalal Street debut on Dec 17
The basis of allotment for Nephrocare Health IPO shares was finalised on Monday, December 15, 2025. Investors are now awaiting the stock's listing
 "Nephrocare Health IPO GMP hints at decent Dalal Street debut on Dec 17")
Eternal slips 5% on huge volumes; sharpest intra-day fall in 7 months
With today's 5% fall, the market price of Eternal has corrected 23% from its 52-week high level of ₹368.40 touched on October 16, 2025
 "Eternal slips 5% on huge volumes; sharpest intra-day fall in 7 months")
Rupee slips past 91/$ to fresh low for 4th session; more downside?
Rupee at record low: The unit opened 4 paise lower on Tuesday at 90.77 against the greenback, but fell 35 paise during the session to a new low of 91.08, according to Bloomberg
 "Rupee slips past 91/$ to fresh low for 4th session; more downside?")
FACT, Paradeep Phosphates soars 7%; What's driving the fertiliser stocks?
Finance Minister (FM) Nirmala Sitharaman told Parliament on Monday that there was no shortage of fertiliser in the country, whether it was imported or domestically produced
 "FACT, Paradeep Phosphates soars 7%; What's driving the fertiliser stocks?")
Ashok Leyland zooms 53% in CY25; Outperforms Sensex for 6th straight year
In the past six months, the stock price of Ashok Leyland rallied 42 per cent, as against 3.7 per cent rise in the BSE Sensex and 17 per cent surge in the BSE Auto index.
 "Ashok Leyland zooms 53% in CY25; Outperforms Sensex for 6th straight year")
MTNL gains 9% as board clears ₹350.7 cr sale of Mumbai's BKC housing block
Under the terms, Nabard will cover stamp duty, registration fees, and incidental charges and MTNL will be responsible for all dues prior to the transfer and the NLMC fee
 "MTNL gains 9% as board clears ₹350.7 cr sale of Mumbai's BKC housing block")
