Page 7 - Market News

Abakkus Mutual Fund to debut with flexi-cap scheme launch on December 8

New entrant Abakkus Mutual Fund will launch its first equity scheme, Abakkus FlexiCap Fund, on December 8, with Sanjay Doshi as fund manager and Sunil Singhania in an oversight role

Bond yields likely to ease before RBI's monetary policy review meeting

Optimism building around potential announcement of an OMO calendar

A rally leaning too far: A Jenga-high market with a wobbling base

ADR falls to 0.89 - November's gains now balance on a shrinking block of stocks, the lowest since February

Lower pipeline tariff hike likely to weigh on GAIL's earnings outlook

PNGRB's lower-than-expected tariff hike has dampened sentiment around GAIL, with analysts expecting only modest earnings support even as transmission volumes

Canara Bank raises ₹3.5K cr via AT1 bonds; Bharati Telecom raises ₹8.5k cr

Canara Bank has raised ₹3,500 cr through its first at1 bond issue of FY26, while Bharti telecom secured ₹8,500 cr via short-tenor bonds to refinance upcoming maturities amid rising bank bond activity

Strengthening investor protection key priority for regulator: Sebi chief

Markets regulator Sebi Chairman Tuhin Kanta Pandey on Thursday stressed the need to strengthen investor protection, warning that unregistered advisory groups continue to lure individuals into unsafe trading channels and that dabba trading keeps resurfacing in new digital forms. Addressing a regional investor awareness seminar organised by the BSE in Coimbatore, Pandey said the challenge has intensified in an age where misinformation spreads faster than facts. Fraudulent trading apps look convincing, digital profiles mimic legitimacy, and guaranteed-return schemes promise what no regulated market can offer. Reiterating the seriousness of the threat, he noted that such "unregistered advisory groups lure individuals into unsafe trading channels, and dabba trading continues to reappear in new digital disguises". Such unregistered advisory groups and disguised dabba operations are not isolated incidents, but coordinated attempts to exploit investor trust, curiosity and aspiration. This .

Aequs to float IPO on Dec 3; aims to raise ₹670 cr via fresh issue

The company's maiden public offering will conclude on December 5 and anchor investors will be allocated shares on December 2, according to the red herring prospectus (RHP)

Sebi allows incentives for MF distributors to boost women, B30 onboarding

Distributors to receive up to ₹2,000 additional commission

Lower credit costs may drive more gains for SBI Cards and Payment Services

SBI Cards is expected to benefit from easing credit costs and improving asset quality, with rising spends and better portfolio performance likely to support stronger growth ahead

Two banks submit applications to start pension funds: PFRDA chairman

PFRDA chief S Ramann said two banks have applied to launch pension funds as regulator expands outreach to smaller cities, explores tech partnerships and plans to allow gold and silver ETF investment

ICICI Prudential AMC to launch ₹10,721 cr IPO in second week of Dec: Report

A subsidiary of Prudential will sell up to 10% stake in the IPO, with the asset manager eyeing a valuation of $12 billion

State-run firms taper debt fundraise on rate-cut hopes ahead of MPC meet

₹14,735 cr raised against ₹24,800 cr plan as PFC, Nabard pull short-term bonds

Casagrand sponsors London trip for 1K employees under reward programme

Casagrand sends 1,000 employees on a fully sponsored week-long London trip under its Profit Share Bonanza, reinforcing its people-first and recognition-led culture

Sebi proposes easier norms for issuing duplicate securities certificates

Sebi proposes easing rules for issuing duplicate securities certificates by raising the simplified documentation limit to ₹10 lakh, reducing paperwork for investors, supporting full dematerialisation

BoAt's local production jumps to 76%; hits 3x localisation in 2 years

IPO-bound wearable and audio brand cements its position as one of India's most vertically integrated consumer tech companies, manufacturing over 75 million units in India as of June 30, 2025

Max Healthcare builds growth runway with brownfield expansion push

Stock is trading at 52 times its FY27 earnings estimates

Indiabulls probe: SC slams Sebi, CBI and MCA for 'passive approach'

SC criticised Sebi, the CBI and the MCA for inconsistent and passive handling of allegations against IHFL, now Sammaan Capital, and directed coordinated action and fresh affidavits in the case

MF transactions' digital juggernaut rolls on as investors shift online

Major fund houses report a sharp rise in online transactions, driven by changing investor habits, distributor behaviour, and fast-growing fintech platforms

Sebi mulls settlement netting for FPIs to ease costs, cut compliance load

Sebi Chairman Tuhin Kanta Pandey said the regulator is examining whether FPIs can net same-day trades - a move aimed at easing operational burden and reducing costs for overseas investors

Meesho emerges as India's top free-cash-flow generator ahead of IPO

IPO-bound Meesho has swung to positive free cash flow in FY25, with analysts crediting its no-inventory, no-logistics, asset-light model for driving margins, capital efficiency and rapid scale