Bharat Coking Coal fixes IPO price band at Rs 21-Rs 23 per share for Rs 1,071 cr issue
Bharat Coking Coal Limited (BCCL) is set to launch its maiden IPO in 2026, offering up to 46.57 crore equity shares via an offer-for-sale by Coal India. The IPO, priced between Rs 21 and Rs 23, aims to raise Rs 1,071 crore and will list on BSE and NSE.
Positive Breakout: These 12 stocks cross above their 200 DMAs
As on January 2, 23 stocks from the Nifty 500 universe closed above their 200-day moving average (DMA). From this group, we have highlighted the top 12 stocks that gained over 2.5%, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the […]
Global investors’ retreat from EM bonds likely to be a boon
Emerging-market bonds are poised for support in 2026, driven by increasing local investor ownership. These domestic holders, less exposed to currency risk, are proving more resilient. This shift, with China, Mexico, and Indonesia leading, signifies maturing financial markets and a more stable outlook for the asset class.
Asian shares hit record, oil swings on Venezuela
Asian equities surged to a record high, driven by technology shares, while oil prices fluctuated and precious metals climbed. The ousting of Venezuela’s president introduced a geopolitical flashpoint, but markets largely digested the news, with traders refocusing on rate paths and liquidity conditions.
Market surges to new highs: Which stocks should you be buying now?
Benchmark indices reached new all-time highs as 2026 trading commenced, fueling stock-specific action. Traders carried forward bullish bets and reduced bearish positions in select stock futures for the January series. Several stocks, including UNO Minda, Tata Power, and Varun Beverages, are showing strong momentum and are poised for significant movement.
OPEC+ maintains steady oil output amid geopolitical tensions
OPEC+ has decided to keep oil production steady. This decision comes despite political friction between Saudi Arabia and the UAE, and the US apprehending Venezuela’s president. Oil prices have seen a significant drop. The group, which produces half of the world’s oil, will increase output targets from April to December 2025.
Record health insurance claims settled in FY25, average payout per claim declines
Indian insurers settled a record number of health claims in FY25. Settlement ratios improved significantly, with fewer claims rejected. Average payouts per claim decreased due to wider policy coverage. Cashless treatments continued to dominate claim payments. Regulators pushed for faster, more transparent settlements, leading to improved processing times and tighter oversight.
Nifty could head to 26,800 in Jan; dips a buying opportunity
The Nifty has broken out of a five-week consolidation, signaling a resumption of its uptrend and is expected to rally towards 26,800 in January. Analysts suggest buying on dips as long as the index holds above key support levels, with positive momentum indicators supporting the bullish outlook.
Expect Indian market to return about 12-15% in 2026: Mark Mobius
Emerging markets veteran Mark Mobius, with 30% of his portfolio in India, believes the country will outperform China in 2026 due to economic reforms and a sourcing shift. He advises caution and capital preservation, holding 20% cash and using put options for downside protection amidst global uncertainty.
Rupee may be in for tough week on Venezuela crisis, chances of more US action
Global tensions may weaken the Indian rupee this week. Experts predict volatility due to US actions in Venezuela. The rupee has already declined. The Reserve Bank of India’s upcoming swap operation on January 13 will be crucial. Foreign investor outflows and trade deficits also impact the currency’s performance.