Page 4 - Market News

Domestic steel prices may rise in Q4 as safeguard duty curbs imports

Extension of safeguard duties until April 2028 provides a price floor for domestic steel, but weak exports, new capacities and global pressures are likely to cap further upside

Nifty hits new high amid hopes of December-quarter earnings revival

The United Kingdom's FTSE 100, Singapore's Straits Times Index, and South Korea's Kospi were among the other major indices that set new intraday records on Friday

Auto sales review: Analysts optimistic on sector amid strong Dec growth

TVS Motor, Maruti Suzuki India, Mahindra & Mahindra, and Ashok Leyland are some of the top picks of brokerages

Rupee slips 10 paise to close at 89.97 against dollar amid fund outflows

Forex traders said the USD/INR pair traded in a tight range, as support from easing crude oil prices was offset by a positive tone in the US dollar index and foreign fund outflows

Sector, thematic funds' outlook: Avoid over-allocation, chasing returns

These concentrated bets suit experienced investors who can assess sector prospects and invest at attractive valuations

Value over volume to drive jewellery growth in H2 amid higher gold prices

December quarter results for the sector are expected to be in similar lines to the September (Q2) quarter

Tobacco stocks tank as new taxes to come into effect from February 1

Shares of cigarette makers fell sharply after the Centre announced higher GST and excise duties on tobacco products from February, raising concerns over price hikes, volumes and margins

Sebi bars 26 individuals, imposes ₹1.85 cr penalty in SME stock case

In a 142-page order, the market regulator has also directed disgorgement of over Rs 98.78 lakh identified as illegal gains and imposed a penalty of Rs 1.85 crore on the individuals

China, EU lead Russian fuel purchases as India suffered despite cuts

India has gained the least since Russia invaded Ukraine in February 2022 and was penalized the most, while the US, China and the European Union emerged as the biggest beneficiaries from the war

Loan growth, margins seen improving for banks in Q3 as credit costs ease

Banks are likely to see better loan growth and margins in Q3FY26, with PSU lenders outperforming as credit costs ease, unsecured loan stress moderates and recoveries remain steady

Pre-listing lock-ins of 101 companies to expire in three months: Nuvama

Pre-listing shareholder lock-ins in 101 companies will be lifted between December 29, 2025, and March 2026, covering shares worth $23 billion, though not all may hit the market

FMCG distributors' body urges Sebi to halt loss-making quick commerce IPOs

FMCG distributors' body AICPDF has asked Sebi to pause or tighten IPO approvals for loss-making quick commerce firms such as Zepto, citing cash-burn pricing and ongoing CCI proceedings.

Midcap funds outlook for 2026 hinges on earnings rebound, rate support

After a subdued 2025, midcap funds could recover in 2026 if earnings revive and rates stay supportive. Experts advise a calibrated 10-30 per cent allocation with a long-term horizon

Silver retreats from $80/ounce peak, gold softens on profit-taking

Spot platinum slid by 6.9 per cent to $2,281.15 an ounce after touching a record peak of $2,478.50 while palladium plunged 11.9 per cent to $1,694.75 an ounce

Lack of triggers, weak demand may keep power stocks under pressure

Weak power demand and surplus capacity cloud near-term prospects, but energy transition, nuclear reforms and grid upgrades offer long-term opportunities across India's power sector

Large, midcap cutoffs set to scale new highs in Jan rejig amid market rally

A report by Nuvama Alternative and Quantitative Research estimates the largecap cutoff to surge 15 per cent to ₹1.05 trillion compared to the current threshold of ₹91,572 crore

Half of IPO activity came from 5 sectors in the past 2 years: Motilal Oswal

Five sectors accounted for more than half of IPO activity across mainboard and SME platforms over the past two years, with leadership shifting sharply between CY24 and CY25

Profit-focused startups power India's strong IPO revival march in 2025

Venture-backed firms raised $4.9 billion in 2025, reflecting shift from cash-burn model to financial discipline

Jane Street hires lobbyists after 20 years amid Sebi investigation

Sebi is expected to conclude its investigation soon, according to people in the know

Gold crosses $4,500/oz milestone for first time; bullion up 70% in 2025

As of 6.15 pm Indian Standard Time (IST), gold has been trading at $4490.68/oz. Gold has gained nearly 70 per cent this year, heading for its best annual performance since 1979