Page 3 - Markets News

Coal India rallies 7% in 2 days, stock nears 52-week high; here's why

Coal India board approved the listings of its arms South Eastern Coalfields Limited (SECL) and Mahanadi Coalfields Limited (MCL).

Websol Energy jumps 14% after winning ₹73-crore income-tax dispute

Websol Energy System received a major relief in a long-standing tax dispute for the assessment year 2017-18, with the Commissioner of Income Tax (Appeals), Kolkata, ruling in the company's favour

Anand Rathi starts coverage on Jubilant Ingrevia with 'Buy'; check target

Anand Rathi expects Jubilant's capex cycle to drive a sharp earnings upturn over FY26-28, with consolidated Ebitda seen growing at around a 22 per cent CAGR

New Year Picks 2026: SBI, Astral, Hindalco among top bets by Axis Sec

New Year picks 2026: SBI, Varun Beverages, Astral, Nippon Life India Asset Management among top picks by Axis Securities amid market at "crucial inflection point"

BofA warns India's state debt surge could pressure bonds, keep rates high

Gross borrowings by Indian states have jumped almost 20 per cent this fiscal year from 2024 as growth in tax revenues slowed, while they beefed up spending

NIBE share price jumps 6% as board okays fundraise of up to ₹250 cr

The share price of NIBE rose following the announcement that the Company's Board of Directors, at its meeting held today, Tuesday, December 23, 2025, approved a proposal to raise funds of upto ₹250 cr

Motilal Oswal sees FY26 earnings pick-up; financials, autos lead equities

The brokerage's analysis of its universe of stocks revealed that after a prolonged period of earnings cuts, companies are beginning to report earnings upgrades.

ICICI Sec starts with Buy on Orkla India; regional brands, exports in focus

he brokerage has initiated coverage with a 'Buy' rating and a target price of ₹800, on the back of improving margins, strong cash flows and scope for selective acquisitions.

Stocks to Watch today, Dec 24: Adani Ports, Biocon, Belrise Ind, Coal India

Stocks to watch today, Dec 24: In Wednesday's session, traders will monitor Belrise Industries, Adani Ports, Biocon, and Ajanta Pharms shares.

Nuvama Wealth, DCM Shriram, 2 others to remain in focus ahead of ex-date

DCM Shriram Industries will trade ex-date for the spin-off, Hilton Metal Forging for the rights issue, Nuvama Wealth Management for the stock split, and Ram Ratna Wires for the bonus issue

Angel One sees value in Welspun Corp on pipe leadership; assigns 'Buy'

Angel One has set a target price of ₹1,050 based on a sum-of-the-parts valuation, implying an upside of 29 per cent from its previous close of ₹813.65 per share on the NSE.

Growth potential and earnings factored into GE Vernova's valuations

A large HVDC order win, rising transmission capex and renewable energy push strengthen GE Vernova T&D's earnings outlook, but high valuations already price in much of the upside

Direct equity investors take money off table in 2025, a first since Covid

Sell shares worth nearly ₹8.5K cr so far as markets remain choppy

Sensex can hit 100,000 in 2026 if earnings pickup: Chris Wood

The key uncertainty remains the currency, but if that stabilises and growth improves, India can deliver respectable returns, says Christopher Wood, global head of equity strategy at Jefferies.

Tonbo Imaging files DRHP for IPO after rapid growth in defence electronics

Tonbo Imaging has filed its DRHP with Sebi for an IPO that is entirely an offer for sale. The firm reported FY25 revenue of Rs 469 crore, with 65% from overseas sales

Oyo parent Prism gets shareholder nod to raise ₹6,650 crore via IPO

Oyo parent Prism has received shareholder approval to raise Rs 6,650 crore through an IPO, sources said. Shareholders also cleared a 1:19 bonus issue, pending approval

IFSCA eases norms for fund managers in GIFT City; approves new GIC rules

IFSCA has cleared relaxations for fund management entities in GIFT City, including KMP eligibility and PPM extensions, and approved new Global In-House Centres Regulations, 2025

MF universe rejig: Large, midcap cutoffs likely to hit new highs in Jan

Amfi's January stock universe reclassification may lift the largecap cut-off to Rs 1.05 trillion and the midcap threshold to Rs 34,800 crore, driven by new listings and higher valuations

Ambuja, Orient, ACC shares soar on merger; analysts see synergies boost

Post-merger, analysts reckon Ambuja Cements will emerge as one of the largest cement companies in India by capacity

Tata Motors Finance settles Sebi matter for ₹32 lakh over NCD issue

Tata Motors Finance settled the Sebi matter for Rs 32 lakh over alleged violations tied to five Tier-II perpetual NCD issuances between 2019 and 2022