Business

Meesho’s shares are trading at a grey market premium (GMP) of Rs 40–41 apiece ahead of their stock market debut on Wednesday, December 10, signalling an expected upside of about 36% over the issue price.The initial public offering, which opened on December 3 and closed on December 5, has entered the allotment stage, with the…

Shares of InterGlobe Aviation, the parent of IndiGo, remained under heavy pressure on Monday, extending a sharp sell-off that has wiped out more than Rs 37,000 crore in market value in less than a week, as operational turmoil rattled investor confidence.The stock slid as much as 10% to Rs 4,842 during intraday trade, marking its…

Banks across the Asia–Pacific region are displaying stronger capital health than lenders in the United States and Western Europe, Moody’s said in its latest survey. The agency’s comparison of the largest banking institutions across major markets shows Asia–Pacific banks have accumulated strong capital levels under what it describes as tighter and more cautious regulatory oversight.The…

Gold prices inched up to Rs 1,30,638 per 10 grams on Monday, even as silver futures slipped to Rs 1,82,600 per kg, with investors turning cautious ahead of the US Federal Reserve’s final policy meeting of the year. On the Multi Commodity Exchange (MCX), February 2026 gold futures rose by Rs 176, or 0.13%, to…

India’s defence aviation is set for a major boost, as Tata Advanced Systems and Lockheed Martin begin a dedicated Maintenance, Repair and Overhaul (MRO) facility for the C-130J Super Hercules aircraft. The groundbreaking, that took place in Bengaluru on Monday, marks the latest expansion in the two companies’ long-running industrial ties.The ceremony was attended by…

When people tell me about their stock market disasters, the story is almost always familiar. It’s rare, “I bought a solid company at a sensible price, held it for years, and it went to zero.” What I usually hear is closer to, “I bought stock based on this story… this penny stock… this F&O trade…

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are AB Capital, and Indus Towers. Here’s his view on Nifty, Bank Nifty for the week starting December 8, 2025:Nifty ViewThe benchmark index Nifty began December on…

The allotment of shares for Meesho’s Rs 5,421.20 crore IPO is scheduled for today, marking the next big step for what has become one of the most closely watched tech listings of the year. The public issue, which included a fresh issue of 38.29 crore shares and an offer for sale of 10.55 crore shares,…

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting December 8, 2025) are Safari Industries, and JSW Steel. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Safari Industries 2362 2700 14 JSW Steel 1149 1350 17…

MUMBAI: RBI has granted in-principle approval for Fino Payments Bank to convert into a small finance bank, allowing it to enter lending, widen its product suite and build a stronger liability franchise while continuing current operations until final clearance. It is the RBI’s first such approval for any payments bank. Fino said it is reworking…