06November
Market Wrap: Nifty Slips Below 25,600, Sensex Down 150 Points as Sectoral Weakness Weighs
Indian equity benchmarks closed in the red on November 6, 2025, as broad-based selling pressure dragged indices lower. The Nifty 50 settled at 25,597.65, down 165.70 points or 0.64%, while the BSE Sensex declined by 150.68 points or 0.18% to close at 84,628.16. The session was marked by volatility and weak global cues, with investors cautious ahead of key earnings releases and macroeconomic data. Sectoral Performance: Metals, Media, Power, and Realty Lead Declines The market
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PhysicsWallah Ltd., one of India’s fastest-growing edtech platforms, has officially announced its Initial Public Offering (IPO) pricing, pegging the company’s valuation at a staggering ₹28,073 crore (approximately $3.2 billion). This marks a significant leap from its previous unlisted valuation of $2.8 billion in September 2024, underscoring investor confidence and the company’s robust growth trajectory. IPO Structure and Financials The IPO comprises a total of 31.93 crore equity shares, split between 28.44 crore fresh issues and
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05November
Supreme Court Limits AGR Dues Re-examination to Vodafone Idea, Dims Sector-Wide Relief Hopes
In a pivotal clarification, the Supreme Court of India has ruled that its recent order allowing the re-examination of adjusted gross revenue (AGR) dues applies exclusively to Vodafone Idea (Vi), not to other telecom operators. This decision has significant implications for the Indian telecom sector, especially for companies like Bharti Airtel and Reliance Jio, which had hoped for similar relief. The Core of the AGR Dispute The AGR issue stems from the Department of Telecommunications
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05November
Sensex Set to Soar: Morgan Stanley Predicts 100,000 Milestone by June 2026 as Market Correction Ends
In a bold and optimistic forecast, global financial powerhouse Morgan Stanley has projected that India’s benchmark equity index, the BSE Sensex, could surge to an unprecedented 100,000 points by June 2026. This bullish outlook comes as the firm declares the recent market correction phase officially over, signaling a renewed phase of growth and investor confidence in the Indian economy. Morgan Stanley’s Market Outlook According to Morgan Stanley’s latest report, the Indian stock market is transitioning
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India’s festive season has witnessed an unprecedented surge in consumer spending, crossing ₹6 trillion in sales between Navratri and Diwali 2025, driven by sweeping GST reforms and tax cuts. The 8.5% year-on-year jump in spending marks a significant revival in domestic demand, with strong traction across automobiles, electronics, kitchenware, apparel, and home furnishings. GST Reforms Fuel Consumption Revival The government’s recent overhaul of the Goods and Services Tax (GST) structure has played a pivotal role
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