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Rupee closed 10 paise weaker at 90.09 against US Dollar
It closed at 89.99 a dollar on Friday
Source: Bloomberg
Nifty slips below 26,000 mark, snaps a two-day gaining streak
Interglobe Aviation and Bharat Electronics are the top losers in Nifty
Interglobe aviation fell over 7% intraday; touches 8 months intraday low
Interglobe aviation fell for the 7th consecutive day
All sectoral indices close in red for the day
Nifty Realty and Nifty PSU bank bleed the most
Benchmarks outperformed Broader Market indices
Broader Market Indices under pressure
SMallcap 250 fell for the 5th straight session
Kaynes fall over 10% for the 2nd straight session
Kaynes and Sterling and Wilson are the top losers in Nifty smallcap 250
FACT and Bharat Dynamics are the top losers in Nifty midcap 150
Nifty slips below 26,000 mark, snaps a two-day gaining streak
Interglobe Aviation and Bharat Electronics are the top losers in Nifty
Interglobe aviation fell over 7% intraday; touches 8 months intraday low
Interglobe aviation fell for the 7th consecutive day
All sectoral indices close in red for the day
Nifty Realty and Nifty PSU bank bleed the most
Benchmarks outperformed Broader Market indices
Broader Market Indices under pressure
SMallcap 250 fell for the 5th straight session
Kaynes fall over 10% for the 2nd straight session
Kaynes and Sterling and Wilson are the top losers in Nifty smallcap 250
FACT and Bharat Dynamics are the top losers in Nifty midcap 150
India’s life insurance sector reported a 12% growth in total premium income for November, reaching Rs 15,249 crore among private players, according to data from the Life Insurance Council.
LIC continued to dominate the market with a 23% surge in premium income to Rs 31,119 crore, while SBI Life posted the highest growth among private insurers at 34.4%.
The Indian markets are facing intense pressure during Monday's trade, with the Nifty 50 trading with cuts of more than 1%. Almost all sectors are trading in the red, with Nifty Realty falling almost 4%.
The pain can be witnessed in the broader market as well, with Nifty Smallcap 250 trading with cuts of almost 2.5%. Nifty Midcap 150 is also down more than 1.5%.
Embassy Developments sold over 450 units worth around Rs 860 crore at the launch of greenshore project in Bengaluru, the company said in the exchange filing.
MacRitchie Investments will buy 6.47% stake in the company, according to an exchange filing.
The NSE Nifty Smallcap 250 declined 2.47% to 16,087.95. Kaynes Technology India, SPARC Ltd., Tata Teleservices Ltd. were the biggest losers in the index.
The NSE Nifty Smallcap 250 declined 2.47% to 16,087.95. Kaynes Technology India, SPARC Ltd., Tata Teleservices Ltd. were the biggest losers in the index.
The NSE India Volatility Index jumped 12.55% to 11.61, the highest level since Nov 21. It was at 6.68% higher at 11.02 as of 2:12 p.m.
The NSE India Volatility Index jumped 12.55% to 11.61, the highest level since Nov 21. It was at 6.68% higher at 11.02 as of 2:12 p.m.
In a landmark achievement for Fino Payments Bank, the lender has received 'in-principle' approval from the Reserve Bank of India to transition into a small finance bank, essentially becoming the first payments bank to do so.
Fino Payments Bank had applied for a small finance bank license back in October 2023, and the RBI approval could go a long way in boosting the lender's prospects, once it turns into an SFB.
Investors should avoid accruing long positions in Kaynes Tech, on account of recent issues around financial accounting and corporate governance, according to fundamental and technical analysts consulted by NDTV Profit.
"The company has had a serious issue regarding corporate governance. This raises questions about their numbers and projects. So until we are satisfied that adequate care is taken about their disclosure of numbers. One should stay away from the stock," said Lancelot D Cunha, CIO, ValueX Wealth Connect LLP.
Dr. Reddy's Laboratories arm is in pact with Immutep for development and commercialisation of Eftilagimod Alfa. Eftilagimod Alfa is used in Chemotherapy for lung cancer
Immutep will receive $20 million upfront payment. Immutep is also eligible to receive commercial milestone payments, royalties, the company said in the exchange filing.
The government is reassessing Vodafone Idea’s adjusted gross revenue liabilities following the Supreme Court’s October directive allowing reconciliation of dues up to FY17, including interest and penalties.
Radico Khaitan has been a market darling in the liquor space, delivering 577% returns over the last five years. Its performance has been driven by one structural shift: premiumisation. Radico's Prestige & Above (P&A) portfolio has grown at a 13% CAGR since FY19, and its share of total volume has doubled from 21.6% to 46.1%.
Mahindra & Mahindra Ltd. announced a new premium SUV XUV 7XO's World Premiere on Jan 5, 2026, the company said in the exchange filing.
Transrail Lighting received multiple orders worth Rs 822 crore, including a major international order for 400 KV Transmission Line, the companys said in the exchange filing.
Commercial Vehicle Production rose 56% to 1,394 Units
Sales rose 94% to 952 units
Exports rose 176% to 135 units
Source: Exchange Filing
Orient Green's arm Delta Renewable Commissions 25 megawatt solar power project in Tamil Nadu, the company said in the exchange filing.
Private hospital chain in North India, Park Medi World is set to launch its initial public offering (IPO) to raise over Rs 900 crore from the primary market.
Ahead of the launch, the grey market premium (GMP) for the Park Medi World IPO indicates a potential listing gain of over 20% against the upper limit of the issue price.
Venus Remedies marked the completion of AMR Licensing Milestones with final payment of Rs 11 crore.
Helios Capital founder Samir Arora is confident that the Indian markets can bounce back in 2026, with the market veteran expecting Nifty to offer returns of up to 15% in 2026.
“I see 15% return in Nifty in 2026," Arora told NDTV Profit, highlighting that the relative underperformance in Indian markets has been blown out of proportions. “Prospects for next year look good. If you look from October onwards, India is already doing better than most markets," he added.
Corona Remedies IPo was subscribed 0.11 times or 11% as of 10:33 a.m. on Monday.
Qualified Institutional Buyers (QIBs): Nil
Non-Institutional Investors (NIIS): 0.13 times or 13%
Retail Individual Investors: 0.16 times or 16%
Employee Reserved: 0.23 times or 23%
SEPC-Furlong joint venture received Rs 86 crore letter of awards as service providers for Bihar Project, the company said in the exchange filing.
Shares of Interglobe Aviation Ltd. are facing immense pressure in trade on Monday's session in the wake of the recent flight cancellations and the aftermath surrounding the fiasco.
The stock is currently trading at Rs 5,154, which accounts for a fall of more than 4% compared to Friday's closing price of Rs 5,370.
GK Energy Ltd. installed 7,620 off-grid solar pumps in Maharashtra. It delivers around 17% of total installations in MSEDCl's Guiness World Recford Solar Pump initiative, the company said in the exchange filing.
Dee Development order inflows during November 2025 stood at Rs 121 crore. It executed Rs 106-crore orders in November.
On National Stock Exchange, 10 sectoral indices declined, four advanced, and one remained flat out of 15.
On National Stock Exchange, 10 sectoral indices declined, four advanced, and one remained flat out of 15.
InterGlobe Aviation Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Bajaj Finance Ltd., and Larsen & Toubro Ltd. weighed on the NSE Nifty 50 index.
Reliance Industries Ltd., Tata Consultancy Services Ltd., Axis Bank Ltd., Tech Mahindra Ltd., and Eternal Ltd. limited losses in the NSE Nifty 50 index.
InterGlobe Aviation Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Bajaj Finance Ltd., and Larsen & Toubro Ltd. weighed on the NSE Nifty 50 index.
Reliance Industries Ltd., Tata Consultancy Services Ltd., Axis Bank Ltd., Tech Mahindra Ltd., and Eternal Ltd. limited losses in the NSE Nifty 50 index.
The NSE Nifty 50 and the BSE Sensex opened slightly lower on Monday as InterGlobe Aviation Ltd. and HDFC Bank Ltd. shares weighed. The indices were trading 0.09% and 0.10% down, respectively as of 9:21 a.m.
The NSE Nifty 50 and the BSE Sensex opened slightly lower on Monday as InterGlobe Aviation Ltd. and HDFC Bank Ltd. shares weighed. The indices were trading 0.09% and 0.10% down, respectively as of 9:21 a.m.
PG Electroplast remained on track to meet revenue and profit guidance of financial year 2026.
The company maintained a Rs 5,700-5,800 crore revenue guidance
There are no challenges on short and long term debt profile
Balance sheet remains solid.
There is no challenge on the PLI front. No plans to raise additional debt
Source: Pramod Chimmanlal Gupta, CFO, PG Electroplast
Rupee opened 7 paise weaker at 90.06 against US Dollar
It closed at 89.99 a dollar on Friday
Source: Bloomberg
Adani Green Energy Ltd. integrated a taskforce on nature-related financial disclosures framework. The TNFD framwork integration strengthens ambition for renewable energy growth
The company pledges no net loss of biodiversity by 2030. Adani Green Energy plans to plant 2.8 crore trees, strengthening ecological stewardship agend, the company said in the exchange filing.
The company has issued detailed clarification
The company will ensure such situations not to happen again
Kaynes Technology India remains fundamentally strong and has room to grow
Margin will remain at 9% for 2025 annual report in the second half
Margins at 28% in H2 appears to be incorrect
Loss in the first half is driven by low revenue and high fixed cost
Source: Jairam Sampath, CFO, Kaynes Tech
Oil steadied as traders monitored India’s buying of Russian crude and Ukrainian attacks on its neighbor’s energy infrastructure.
Brent crude traded below $64 a barrel after posting its first back-to-back weekly gain since August, while West Texas Intermediate was near $60.
Read the full Bloomberg article here.
National Stock Exchange of India (NSE) has made sweeping changes to the way Futures and Options (F&O) trade, effective Monday, Dec. 8.
Starting Monday, NSE will conduct pre-open sessions for equity derivatives between 9 a.m. to 9:15 a.m. During this timeframe, traders will be able to conduct call auctions, mirroring the existing pre-market session for the cash segment.
The allotment for the Meesho IPO will be finalised on Monday, and the company's shares will debut on Dalal Street on Wednesday, December 10.
Investors can check the Meesho IPO allotment status on the official websites of BSE, NSE and Kfin Technlogies, the registrar for the issue, by following the step-by-step guide provided below.
PG Electroplast clarified that the information and claims in a report published in the HDFC Sky Platform on Friday were factually inaccurate and misrepresents the company's actual financial position. It has reached out to the brokerage for reviewing and rectification of the in the report.
The article in question is 'PG Electroplast in Limelight After Red Flags in Financial Health Raise Warnings'.
Asian stocks started the week on a cautious note as traders navigate deteriorating China-Japan relations, a heavy slate of central bank decisions and the broader outlook for risk assets heading into next year.
MSCI Inc.’s gauge of Asian equities fell 0.1%, in line with the decline in US stock index futures. Shares in Australia also dropped while the Nikkei 225 lost 0.4%. Japan’s economy shrank in the three months through September, the government confirmed in a revised report, while the nation’s relations with China cooled further.
Read the full Bloomberg article here.
The GIFT Nifty was trading flat at 26,322 as of 6:55 a.m., which hinted at muted open. Market participants await for the outcome of the US Federal Reserve policy meeting outcome.
Traders will keep an eye on Biocon Ltd., Cochin Shipyard Ltd., PG Electroplast Ltd., Persistent Systems Ltd., and ICICI Bank Ltd. shares for news flow over the weekend.
On Friday, Indian equities moved up sharply, buoyed by the Reserve Bank of India's monetary policy decision to cut the repo rate by 25 basis points. The BSE Sensex settled at 85,712.37, gaining 447.05 points or 0.52%, while the Nifty 50 ended at 26,186.45, up 152.70 points or 0.59%.
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