ICICI Pru AMC IPO Day 3: Issue subscribed over 39 times on final day
ICICI Prudential AMC’s IPO entered its final day of bidding amid strong investor interest, supported by a firm grey market premium. Robust demand across investor categories, favourable brokerage recommendations and leadership in the asset management space underscore optimism, even as valuations remain on the higher side for short-term gains.
Nifty’s long-term uptrend intact, but short-term trend turns cautious below 25,900: Vinay Rajani
Nifty has slipped below 25,900, signalling short-term weakness, but its broader uptrend remains intact, says HDFC Securities’ Vinay Rajani. He has also flagged 26,060 as the key resistance for a bullish reversal and 25,700 as crucial support. A break below this level could turn the trend into a positional downtrend.
PB Fintech shares decline 6% amid reports of regulatory push to cap insurance agent commissions
PB Fintech shares fell amid concerns that the proposed Insurance Bill 2025 could allow IRDAI to cap insurance agent commissions, raising regulatory risks for digital insurance marketplaces and intermediaries.
Rupee rout dims hopes of a strong recovery in Indian stocks
India’s equity market is feeling the heat as the rupee hits record lows, raising concerns about the ongoing economic recovery. Foreign investors are pulling money out, impacting capital flows crucial for growth. While tech exporters benefit from a weaker rupee, other sectors face challenges, suggesting a period of selective investment and continued market volatility.
Vedanta shares jump 4%, hit 52-week high after NCLT approves demerger plan
Vedanta shares surged to a 52-week high after the NCLT approved its demerger plan, creating five distinct entities. This approval provides significant relief following earlier government objections. The company is now set to implement the scheme, aiming for focused, sector-leading businesses.
Largecaps seen as safer harbour in stock picker’s market: Nitin Bhasin
Market participants should brace for a phase where easy returns from broad themes may fade. Selectivity, precise bet sizing, and a sharp bottom-up approach will be crucial for portfolio construction in the coming months. Investors should focus on direct beneficiaries of government initiatives like MSME expansion, with credit and hiring-linked plays showing promise.
Healthy scepticism in AI stocks presents selective opportunities: Anurag Singh
Investors are reassessing dominant themes like AI, finding comfort in resilient US economic fundamentals and a selective outlook for India. While the AI trade faces skepticism regarding data center ROI, US markets show no immediate red flags. India’s IT services face valuation risks, with a preference for large-cap stocks due to historical mean reversion in […]
PSU banks still have room to run, but selectivity is key: Mayuresh Joshi
PSU banks are poised for continued growth, with market participants confident the rally is far from over despite near-term challenges. Valuations remain attractive, and improved asset quality and comfortable capital adequacy are expected to drive outperformance against private lenders. Investors are advised to remain selective and monitor macro and stock-specific developments.
India-focused companies remain best bets in lacklustre market phase: Deepak Shenoy
Indian stock markets are in a holding pattern. Valuations are high, and investors await clearer signs of earnings growth. Rate cuts offer a positive outlook, potentially boosting spending and profits. Focus is on companies serving the Indian market. Investors are advised to be selective, especially in the FMCG sector. Patience is key as markets adjust.
2025 was a breakout year for Indian real estate; 2026 looks even stronger: Aman Sarin of Anant Raj
India’s real estate sector experienced a strong breakout in 2025 with record residential sales and stabilizing commercial demand. Driven by end-user confidence and institutional participation, the market is poised for continued growth in 2026, with both luxury and mid-income housing segments expected to perform well.