Vodafone relief offers breathing room, but cash flow challenges persist: Piyush Pandey
Vodafone Idea gets government relief, easing immediate cash flow pressures. This provides breathing room for the telecom operator. However, significant spectrum dues remain a challenge. The company must raise funds and potentially increase tariffs. Future success depends on execution, capital raising, and customer acquisition. Network expansion is also crucial for long-term competitiveness.
JM Financial initiates Meesho coverage with ‘reduce’ rating, flags limited upside
JM Financial has started coverage on Meesho with a ‘Reduce’ rating and a Rs 170 target for March 2027, citing limited upside after the stock’s sharp post-listing rally. Meesho, which debuted at Rs 161.20 in December, surged 58% to Rs 254.65 but has since corrected nearly 36% and is now trading at Rs 164.
US Supreme Court verdict on Trump tariff tonight: How Sensex, Nifty may get impacted
The US Supreme Court ruling on Trump-era tariffs could spark sharp gains or deepen volatility in Sensex and Nifty. India faces double exposure with 50% tariffs and a potential 500% levy on Russian oil imports, affecting trade and corporate profits.
Ashish Kacholia-backed Indo SMC IPO to open on January 13. Check GMP, price band, other key details
Indo SMC’s Rs 91.95 crore SME IPO, backed by Ashish Kacholia, opens January 13. The issue has a strong grey market premium and healthy order book, with proceeds aimed at plant expansion, working capital, and corporate purposes.
F&O Radar | Deploy Bear Put Spread in Nifty to gain from bearish bias in index
Nifty breached key support levels near 25,980 and 25,878, signalling a shift from bullish to bearish sentiment. Traders are advised to use a Bear Put Spread strategy to capitalise on the downward bias, with resistance at 26,100–26,200 and support at 25,750–25,700.
Bharat Coking Coal IPO fully subscribed within 30 minutes on Day 1; strong 41% GMP lifts listing hopes
Bharat Coking Coal’s IPO opened to strong investor demand, fully subscribed within half an hour. The issue is trading at a significant grey market premium, indicating positive listing expectations. With substantial coking coal reserves and a dominant market share, the company is poised for a robust debut, attracting interest from retail and high-net-worth investors alike.
IEX shares jump 7% ahead of APTEL hearing on market coupling case
Indian Energy Exchange shares saw a surge as the Electricity Appellate Tribunal prepares to hear arguments on market coupling. This crucial case could reshape electricity price discovery, impacting IEX’s dominant market share. Investor optimism grew following the regulator’s willingness to reconsider its earlier order, with today’s hearing expected to provide further clarity.
US market breadth signals underlying strength amid global uncertainty: Arvind Sanger
US equity markets show surprising resilience with a broadening rally beyond tech, supported by Fed rate cut expectations and stable economic data. However, corporate earnings will be key to sustaining this optimism. Geopolitical shifts and policy uncertainties, including potential tariffs, pose long-term risks, leading to a cautious investment approach focused on AI data center supply […]
BHEL shares rally 5% after hitting lower circuit on China concerns. Should you buy, sell or hold?
BHEL shares rebounded after a sharp selloff triggered by concerns that India may ease restrictions on Chinese firms bidding for government contracts. Brokerages remain divided, with JM Financial seeing limited long-term impact and Jefferies flagging potential risks pending policy clarity.
China factor explained: Jefferies and JM Financial analysts decode the upside and risks for BHEL shares after 10% crash
Brokerages are divided on how a potential easing of India’s restrictions on Chinese firms bidding for government contracts could affect Bharat Heavy Electricals Ltd. While Jefferies flags competitive risks if curbs are lifted, JM Financial argues that any relaxation, especially at the component level, would lower costs, improve execution and leave BHEL’s market position largely […]