Page 21 - Markets News
Growth guidance firm for Amber Ent, says BNP Paribas; retains 'Outperform'
The brokerage believes Amber Enterprises is on track to deliver its USD 1 billion electronics revenue guidance by FY29, with significant margin upside driven by recent acquisitions
 "Growth guidance firm for Amber Ent, says BNP Paribas; retains 'Outperform'")
Apar Industries gets new 'Buy' from Antique; 20% stock upside seen
Antique Stock Broking has set a target price of ₹10,740 per share for Apar Industries, a potential upside of 20 per cent from Tuesday's closing price.
 "Apar Industries gets new 'Buy' from Antique; 20% stock upside seen")
Nuvama upgrades Tata Power to 'Hold' on improved FY30 growth visibility
The brokerage's view followed an analyst meet held at Tata Power's Odisha Technology Centre, where management reiterated its long-term growth roadmap.
 "Nuvama upgrades Tata Power to 'Hold' on improved FY30 growth visibility")
ICICI Pru AMC IPO subscribed 39x; check allotment status, GMP, listing date
After the allotment is finalised, applicants will be able to view their ICICI Prudential AMC IPO allotment status on the official NSE and BSE websites, and the registrar's portal, Kfin Technologies
 "ICICI Pru AMC IPO subscribed 39x; check allotment status, GMP, listing date")
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")
