New-age companies are increasingly showing profits just before IPOs, often due to one-time gains or accounting adjustments, raising concerns about sustainability. Investors are urged to scrutinize earnings quality and focus on cash flows and core operations rather than headline profits to avoid an overoptimistic view.
Ola Electric's stock took a hit on Monday amidst swirling rumors. The company swiftly dismissed a report from South Korean media alleging improper acquisition of foreign battery technology. Ola firmly stated it has no desire for obsolete technology and highlighted that its cutting-edge battery production is already underway, with recent certification attained for its battery packs.
LIC significantly rebalanced its portfolio, divesting from major private banks like HDFC Bank and ICICI Bank to aggressively invest in State Bank of India and Yes Bank. This strategic shift highlights a growing confidence in the PSU banking sector's valuation and future prospects, even as foreign investors flock to private lenders.
In the Nifty500 pack, nine stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on November 7, 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. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:
Groww IPO saw strong investor demand, subscribed 17.6 times. Allotment results are expected Monday. Shares will be credited Tuesday, with listing on Wednesday. The IPO was valued at Rs 6,632 crore. Grey market premium indicates a modest listing gain. Investors can check allotment status on the registrar's or stock exchange websites. Groww's performance will be watched closely.
Goldman Sachs has upgraded Indian equities to 'overweight' with a 2026 Nifty target of 29,000, anticipating a strong rebound after this year's underperformance. The brokerage cited stabilizing earnings and expected policy easing as key drivers.
India's short-term debt markets saw a surge in September as corporates ramped up commercial paper issuances to 62,300 crore for festive season liquidity. Banks, particularly public sector lenders, aggressively tapped the certificate of deposit market, raising 1.04 lakh crore. NBFCs, however, adopted a more measured approach, moderating their CP issuances.
The Reserve Bank of India has reportedly urged state governments to postpone bond auctions to alleviate supply pressure in a saturated market. This move aims to ease competition with key sovereign securities, with a significant portion of state development loans potentially deferred until the fiscal year's end. The central bank signaled this plan during a recent meeting with primary dealers.
Nifty is showing signs of ending its correction, with strong support identified between 25,200-25,300. Analysts suggest a move above 25,550 could revive the uptrend towards 26,000, while a break below 25,000 might extend the decline. Traders are advised to consider buy-on-dips strategies.
