Whirlpool of India shares crack 13% as promoter likely sells 12% equity stake via block deal
Whirlpool Mauritius plans to sell up to 7.5% of its stake in Whirlpool of India, valued at approximately Rs 965 crore, through a block deal. The floor price is set at Rs 1,030 per share, a 14% discount to the current market price. This move comes as the company’s stock has underperformed and its recent […]
Motilal plans private credit fund of up to $336 million
Motilal Oswal Alternate Investment Advisors is seeking regulatory approval to launch its first private credit fund, aiming to raise up to 30 billion rupees. The fund, expected to begin fundraising in 2026, will primarily target mid-sized companies needing growth capital or facing special situations. This move signifies Motilal’s entry into India’s increasingly competitive private credit […]
Dollar retreats, kiwi leaps as rate direction diverges
The US dollar weakened on Thursday. Investors are looking towards next year. They expect multiple US interest rate cuts. The yen and euro gained against the dollar. The New Zealand dollar reached a three-week peak. Australia’s dollar also saw gains. Sterling moved higher. The US dollar index remained flat.
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks gained over 2% and saw their closing prices cross above their 200 DMA (Daily Moving Average) on November 26, 2025, according to StockEdge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. […]
Wall Street ends higher on growing bets for December Fed rate cut
Indian markets surged on Wednesday, fueled by renewed tech sector strength and growing expectations of a December interest rate cut by the U.S. Federal Reserve. Nvidia’s positive earnings and Dell’s strong forecast boosted investor confidence, overshadowing concerns about tech valuations. Airlines also saw significant gains, signaling a robust holiday shopping season ahead.
Airtel promoter group entity sells 0.56% stake for Rs. 7,200 crore to institutional investors
ICIL offloaded 34.3 million Airtel shares worth Rs 7,200 crore to long-term institutional investors, cutting its stake below 1%. The sale saw strong global interest and came at a slight discount to market price.
Asian stocks rise, Bitcoin trades above $90,000
Asian markets are rising with Wall Street. Investors anticipate interest rate cuts from the US Federal Reserve. This optimism is boosting global stocks. Money markets now expect multiple rate reductions. Recent US economic data shows mixed signals but supports the Fed’s potential easing. Bitcoin also saw a significant jump.
ICICI, Canara likely to raise Rs 7,500 crore
As the financial landscape evolves, Indian banks are on a robust quest for capital through bond markets. This week, Canara and ICICI banks are poised to unveil bond offerings amounting to an impressive ₹7,500 crore. In a recent maneuver, Axis Bank successfully raised ₹5,000 crore through a strategic private placement of non-convertible debentures.
Volatile nature of food prices pose challenges to inflation forecasting, says RBI’s Poonam Gupta
Reserve Bank of India deputy governor Poonam Gupta stated that food’s significant weight and price swings in India’s Consumer Price Index complicate inflation forecasting. This is crucial for monetary policy decisions. The RBI uses various models and indicators to predict inflation and growth. Forecasts for 2025-26 show inflation at 2.6%. Data updates are vital for […]
Irdai steps in to ease friction between insurers & hospitals: Payments, package rates & cashless processes
Irdai, India’s insurance authority, is stepping up to harmonize relations between health insurers and hospitals through active discussions with industry representatives. Their talks revolve around crucial elements such as claim settlements, rate structures for medical packages, and the facilitation of cashless insurance services.