Business

Wholesale inflation in November was down 0.32%, thanks to falling prices of food articles, oils and electricity. However, the figure was still 0.71% up as compared to the previous month, when the WPI recorded a sharp plunge of 1.21%. This increase is attributed to the month-on-month increase in the prices of pulses and vegetables, according…

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 BHEL, and Ashok Leyland. Here’s his view on Nifty, Bank Nifty for the week starting December 15, 2025:Nifty ViewThe benchmark index Nifty kicked off December on…

Wakefit Innovations entered the Dalal Street on a muted note on Monday with its shares trading at Rs 195 on the NSE, matching its issue price. On the BSE it opened slightly lower at Rs 194.1.However, later the stock price jumped to over Rs 200 on both the benchmarks. On the Bombay Stock Exchange, Wakefit…

Asian shares traded mostly in red on Monday following data, after the Wall Street ended last week on a tough note, pulling US markets off record highs. The slump came after a decline in Chinese investment in November, highlighting the ongoing weakness in the world’s second-largest economy. Hong Kong’s HSI was down 0.92% or 240…

Rupee continued its downward rally on Monday, falling to an all-time low of 90.58 against the US dollar. This dip marks second week of record lows after the currency fell to 90.55 against USD earlier, on Friday.The currency is struggling with familiar headwinds, weighed down by delays in a US trade deal, persistently weak capital…

China’s November economic data pointed to a continued strain as retail sales fell to a three-year low and both consumer spending and investment weakened. Figures released on Monday by the National Bureau of Statistics showed that retail sales increased by only 1.3% from a year earlier, marking the slowest growth since the Covid period and…

Morgan Stanley has an overweight rating on Adani Power with a target price Rs 185. Analysts said the company expects to achieve 100% tie up for 23.7GW under construction capacity by next year. The company targets to reduce current united capacity from 10% to 3-4%. Analysts said that at current tariffs, they expect earnings before…

Mumbai: With less than a fortnight left for bids for IDBI Bank to close, the field has narrowed to Prem Watsa’s Fairfax Holdings and Kotak Mahindra Bank. The absence of a broader bidding war reflects not a lack of capital, but the complexity of integrating technology, HR culture and branch networks.Both bidders face material integration…

Gold and silver are expected to prolong their record-setting surge in the coming week as traders turn their attention to a heavy line-up of global inflation data and macroeconomic indicators that will shape central bank policy expectations, analysts said. The focus will be on inflation prints from India, the US, Europe and the UK, along…

India has identified close to 300 products across engineering goods, pharmaceuticals, agriculture and chemicals that offer significant opportunities for Indian exporters to expand their presence in the Russian market, a senior official told PTI. The exercise comes as New Delhi and Moscow work towards the bilateral trade target of $100 billion by 2030.India currently exports…