Page 175 - Markets News
Auto sector rides on GST 2.0, festive demand; Nirmal Bang names top picks
The brokerage said most major OEMs reported double-digit year-on-year volume growth, aided by festive spillover, GST 2.0-led affordability, improved rural sentiment and robust export demand
 "Auto sector rides on GST 2.0, festive demand; Nirmal Bang names top picks")
Emkay predicts strong upside in Ipca Labs shares on India, export growth
Emkay Global initiated coverage of Ipca Labs shares with 'Buy' rating and a share price target of ₹1,700 -- a 19 per cent upside from current levels
 "Emkay predicts strong upside in Ipca Labs shares on India, export growth")
Stocks to Watch today: SBI, Adani Enterprises, Sun Pharma, Hudco, LIC, IRFC
Stocks to Watch today, December 03: Shares of SBI, HDFC Bank, and ICICI Bank will remain in focus today as RBI has announced that they will continue to be classified as systemically important banks
 "Stocks to Watch today: SBI, Adani Enterprises, Sun Pharma, Hudco, LIC, IRFC")
Nifty price prediction: Break below 25,968 could open further downside
According to analysts at HDFC Securities, resistance on any rebound remains around the 26,300 mark
 "Nifty price prediction: Break below 25,968 could open further downside")
Bank of Maharashtra OFS subscribed 3x; Bajaj Finance sells 2% stake in BHFL
Promoter Bajaj Finance on Tuesday divested 2 per cent stake in Bajaj Housing Finance (BHFL)
 "Bank of Maharashtra OFS subscribed 3x; Bajaj Finance sells 2% stake in BHFL")
Loan growth, profitability seen improving for public sector banks
Public sector banks are poised for improved credit growth, lower stress costs and stronger profitability as margins stabilise and policy support boosts lending momentum
 "Loan growth, profitability seen improving for public sector banks")
SAT reverses Sebi decision, okays Ketan Parekh's cross-examination
In January, Sebi had issued an ex parte interim order-cum-show cause notice against 22 entities, including Salgaocar (the appellant) and Parekh
 "SAT reverses Sebi decision, okays Ketan Parekh's cross-examination")
Debt repayment, capital expenditure: How IPO proceeds are being utilised
data on 189 IPOs where information is available show that the total amount to be raised through fresh equity was Rs 1.20 trillion, with another offer for sale (OFS) component being Rs 62,000 crore
 "Debt repayment, capital expenditure: How IPO proceeds are being utilised")
Nifty Bank rejig trims HDFC and ICICI Bank heft; shares fall 1.25%
Outflows of over $300 million each
 "Nifty Bank rejig trims HDFC and ICICI Bank heft; shares fall 1.25%")
E-commerce firm Meesho's ₹2,439 cr anchor book sees 30x oversubscription
This is led by SBI MF, GIC, Fidelity, BlackRock, Axis MF, Aditya Birla MF and prominent tech investors like Dragoneer
 "E-commerce firm Meesho's ₹2,439 cr anchor book sees 30x oversubscription")
US portfolio, margin expansion to drive gains for pharma major Lupin
Complex generics and better mix fuel recovery cycle
 "US portfolio, margin expansion to drive gains for pharma major Lupin")
Stock Market Close: Sensex falls 504 pts, Nifty at 26,032 amid profit-booking; financials top drag
Sensex Today | Stock Market close, Tuesday, December 02, 2025: In the broader markets, the Nifty MidCap index fell 0.22 per cent, while the Nifty SmallCap index fell 0.55 per cent
 "Stock Market Close: Sensex falls 504 pts, Nifty at 26,032 amid profit-booking; financials top drag")
Aequs IPO opens December 3; should you bid? Check GMP, price band here
Aequs IPO to open on December 3, 2025: Aequs plans to use the IPO proceeds for a mix of debt reduction and business expansion.
 "Aequs IPO opens December 3; should you bid? Check GMP, price band here")
Nuvama tags Kwality Walls "good long-term play" on GST cut, premiumisation
The brokerage's constructive view is backed by the recent goods and services tax (GST) cut on ice cream, a strong cold-chain and distribution network, and a premium brand portfolio
 "Nuvama tags Kwality Walls \"good long-term play\" on GST cut, premiumisation")
Hitachi Energy India zooms 160% from January low; market cap tops ₹1 trn
In the past one month, Hitachi Energy stock has outperformed the market by surging 27 per cent, as compared to 1.4 per cent rise in the BSE Sensex
 "Hitachi Energy India zooms 160% from January low; market cap tops ₹1 trn")
Willing to apply for Meesho IPO? Check these key risks, strengths from RHP
Investors willing to apply for Meesho IPO can review the company's strengths and risks as outlined in its Red Herring Prospectus (RHP)
 "Willing to apply for Meesho IPO? Check these key risks, strengths from RHP")
Sun Pharma Advanced Research zooms 20% on huge volumes; details here
Till 01:44 PM; as many as a combined 27.7 million equity shares representing 8.5 per cent of the total equity of pharmaceutical company have changed hands on the NSE and BSE.
 "Sun Pharma Advanced Research zooms 20% on huge volumes; details here")
Sunil Singhania's Abakkus MF launches Flexi Cap Fund: Who should invest?
Abakkus Flexi Cap Fund is an open-ended equity scheme to invest in large, mid, and smallcap stocks
 "Sunil Singhania's Abakkus MF launches Flexi Cap Fund: Who should invest?")
Asian Paints surges 25% in 2 months; brokerages see more upside in stock
Asian Paints share price moved higher by 2 per cent to ₹2,920.50 on the BSE in Tuesday's intraday trade
 "Asian Paints surges 25% in 2 months; brokerages see more upside in stock")
Vidya Wires IPO opens tomorrow: Bid or skip? Here's what experts suggest
The unlisted shares of Vidya Wires were trading at ₹57, commanding a grey market premium of ₹5 or 9.6 per cent on Tuesday
 "Vidya Wires IPO opens tomorrow: Bid or skip? Here's what experts suggest")