GAGA Share Market News

[hfe_template id='11223'] [ad_1] Markets ended the holiday-shortened week with modest gains, extending the ongoing consolidation phase. The upcoming week marks the transition into calendar year 2026 and is likely to witness heightened volatility due to the December F&O expiry. Key domestic data points to track include Industrial Production data for November, government budget value figures, external debt statistics, and the final HSBC Manufacturing PMI reading. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 20.50 points, or 0.08 per cent, at 26,094.50, signaling that Dalal Street was headed for a positive start on Monday. Tech View: During the last session, the Nifty found support near the 26,000 level, where the 21 EMA is currently placed. In the near term, the trend may improve and retrace towards 26,200 and higher, provided 26,000 holds decisively. However, a sustained move below 26,000 could...

[hfe_template id='11223'] [ad_1] Shyam Dhani Industries is set to make its market debut on NSE SME on December 30, with grey market signals pointing to a strong opening. The unlisted market is currently pricing the stock at a 100% premium to its issue price, implying a potential listing premium of 90%, against the IPO price of Rs 70 per share. The Rs 38.49 crore IPO of Shyam Dhani Industries has been one of the most subscribed SME issues this year. The issue, which was entirely a fresh issue of 54.98 lakh shares, was subscribed 988.29 times overall, placing it among the most heavily subscribed SME IPOs in recent years. Retail investors led the frenzy, bidding 1,137 times the shares reserved for them, while the non-institutional investor category saw subscriptions of 1,612 times. Even qualified institutional buyers, typically more selective in SME issues, subscribed 256 times the shares available to them. The IPO also raised Rs 10.92 crore from anchor investors, indicatin...

[hfe_template id='11223'] [ad_1] Shares of IT services provider Coforge will likely be in the spotlight on Monday, December 29, after the company announced a $2.35 billion acquisition of artificial intelligence firm Encora. The deal, which aims to bolster Coforge’s AI capabilities and expand its presence in the U.S. and Latin America, marks one of the company’s biggest international bets to date. Encora, backed by private equity players Advent International and Warburg Pincus, offers AI-led solutions in product, cloud, and data engineering. Coforge estimates that the combined entity could generate $2 billion in annual revenues by March 2027. The transaction is expected to close around the first quarter of FY27, with financials presented on a pro forma basis. Coforge has assumed cost synergies of $20 million from the deal, while amortisation is calculated on the $2.35 billion enterprise value, with 20% allocated to customer relationships over a 12-year life. Live Events S...

[hfe_template id='11223'] [ad_1] Shares of state-run lender Punjab National Bank (PNB) are expected to be in focus on Monday, December 29, following the bank’s disclosure of a significant borrowing fraud involving two companies—SREI Equipment Finance Ltd (SEFL) and SREI Infrastructure Finance Ltd (SIFL). PNB reported the fraud amounting to Rs 2,434 crore to the Reserve Bank of India (RBI). The case pertains to alleged wrongful borrowings by the erstwhile promoters of SEFL and SIFL. According to the bank’s regulatory filing, the outstanding fraud amount for SEFL stands at Rs 1,240.94 crore, while for SIFL it is Rs 1,193.06 crore. PNB clarified that it has made 100% provision for the total outstanding exposure linked to both companies. The development was disclosed by the lender after market hours on Friday. On the same day, PNB's stock closed 0.6% lower at Rs 120.25 apiece on the National Stock Exchange (NSE). Both SEFL and SIFL had previously undergone resolution und...

[hfe_template id='11223'] [ad_1] My final article of the previous year was published on December 28, 2024, titled “15 IPO listings in 21 days made this December the busiest in capital markets.” Few could have anticipated then that 2025 would unfold as one of the most consequential years from a capital markets perspective. There was scarcely a dull moment throughout the year. It proved to be a period of profound transformation in global politics, trade, and economics, leaving a lasting imprint on nations and financial markets alike. The year began with swift and decisive action. In January 2025, President Trump commenced his second term with an assertive America First agenda. The immediate post inauguration phase was marked by an aggressive policy thrust, with 26 executive orders signed on the first day itself. These focused on advancing core campaign priorities, including tightening immigration enforcement, and restructuring federal workforce governance. February deliver...

[hfe_template id='11223'] [ad_1] India’s SME IPO market went through a sharp reality check in 2025 and yet, even during this rough phase, a small but notable group of SME stocks quietly delivered multibagger gains, reminding investors that stock selection backed by solid fundamentals determines returns even in a dull market. Data from Trendlyne shows that around 29 SME stocks have delivered gains of more than 100% from their IPO prices, despite the broader SME universe struggling to stay afloat. This performance stands out sharply in a year when enthusiasm for SME IPOs faded rapidly after listing, subscription numbers moderated and post-debut rallies lost steam. Over 250 SME IPOs hit the market in 2025, raising nearly Rs 11,000 crore, the highest-ever annual fundraising for the segment. Average listing gains fell to roughly 12.6%, the weakest since 2020. About 120 IPOs delivered flat or negative returns on debut, compared with around 33 such cases in 2024. Further, nearl...

[hfe_template id='11223'] [ad_1] Indian benchmark indices ended with declines for the second day in a row, dragged by IT stocks, with selling pressure also seen in financials and auto pack. The Nifty continues to remain weak as the index has slipped below the 21 EMA on the hourly chart. Commenting on the current trends, Rupak De, Senior Technical Analyst at LKP Securities, said that the slip below 21 EMA indicates a rise in bearish bets after two days of a rangebound phase in recent sessions. "The RSI is in a bearish crossover and trending lower, reflecting weakening momentum. During the session, the Nifty found support near the 26,000 level, where the 21 EMA is currently placed. In the near term, the trend may improve and retrace towards 26,200 and higher, provided 26,000 holds decisively. However, a sustained move below 26,000 could trigger further weakness in the market," De said. Here are 2 stock recommendations for Monday: Buy NBCC at Rs 122 | Upside: 11% ...