Bharat Coking Coal IPO: GMP signals 56% premium ahead of issue opening. Check key dates, shareholder quota details
Bharat Coking Coal Ltd’s IPO is drawing strong interest ahead of its January 9 opening, with a grey market premium of Rs 13–14 indicating a potential 56% listing gain. The Rs 1,071-crore offer is a pure OFS, and Coal India shareholders as of January 1, 2026, are eligible under the shareholder quota in the offer.
Global markets absorb Venezuela shock amid rising geopolitical risks
Global markets showed muted reactions to the U.S. announcement of taking control over Venezuela, despite rising geopolitical risks. Asian equities rose, oil prices dipped slightly, and gold saw modest gains as investors sought safe-haven assets. Analysts attribute the calm to Venezuela’s relatively small current oil output and the long-term nature of any production recovery.
Japan’s 10-year yield inches higher after moderately firm bond auction
Japan’s 10-year government bond yield increased on Tuesday. This followed a bond auction with a moderately firm outcome. Market participants are concerned the Bank of Japan is not acting fast enough on inflation. They expect further interest rate hikes. Longer-dated bond yields also saw an upward movement. Shorter-dated yields experienced a slight decrease.
Crypto market holds firm as Bitcoin climbs nears $94,000 after nearly a month
Bitcoin hovers near $94,000 while Ethereum stays above $3,200 as major altcoins rally. Market optimism is supported by institutional activity and US-Venezuela geopolitical developments.
Waaree Energies shares slip 15% in 9 days. What’s behind the slide?
Waaree Energies shares fall 2.7% on ninth consecutive session as bearish charts dominate, despite Rs 1,003-crore fundraise for advanced battery expansion.
Reliance Industries shares decline 4% amid heavy volumes, emerges as third-biggest drag on Nifty
Reliance Industries shares fell 3.7% on Tuesday, reaching an intraday low of Rs 1,518.30, amid a significant spike in trade volumes. The company stated it expects no Russian crude oil deliveries in January, denying a report about vessels heading to its refinery. This comes as US President Trump threatened tariffs on India if it doesn’t […]
CSB Bank a rerating candidate, buy-on-dips strategy advised: Sunny Agrawal
Indian equities saw renewed interest in interest-rate sensitive and consumption-linked pockets, with real estate and FMCG stocks drawing attention. Market participants are increasingly hopeful that the December quarter could mark a turnaround for the real estate sector. Select banking names also remained in focus, with CSB Bank highlighted for its strong provisional numbers and growth […]
Copper climbs to record high above $13,000 after strike at Chilean mine
Copper prices surged to a record high above $13,000 a ton, driven by supply concerns stemming from a strike at a Chilean mine and dwindling warehouse stocks. Forecasts predict significant deficits in refined copper supply through 2027, further fueling the price rally. Other base metals also saw gains amid potential shortages.
EXIM Bank starts 2026 with $1 billion bond issue: Bankers
EXIM Bank of India has successfully raised one billion US dollars through its dual-tranche bond issue. The bank sold ten-year bonds at five percent and thirty-year bonds at five point seven five percent. Strong demand allowed for aggressive pricing on these longer-duration bonds. Proceeds will fund overseas investments and capital goods imports.
Tata Motors PV shares tumble over 3% as JLR Q3 volumes slump after massive cyber attack
Tata Motors Passenger Vehicles experienced a notable decline in share prices as Jaguar Land Rover reported a steep drop in sales for Q3 FY26. The aftermath of a cyber attack last year affected both production and distribution channels. Additionally, the decision to phase out older Jaguar models played a role in the downturn.