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Nykaa Q3 Results: Meanwhile, revenue was in line with expectations, rising 27% YoY to Rs 2,267 crore.

Quality Power Electrical Equipment is launching an IPO worth Rs 858.7 crore with a price band of Rs 401-425 per share, open for bids from December 20 to February 14. The IPO comprises a fresh issue of shares worth Rs 225 crore and an offer for sale (OFS) of 1.50 crore shares, valued at Rs 633.7 crore at the upper price band.

Nifty consolidates post-wedge breakout, holding above the 21-day EMA with resistance at 23,700 and support at 23,450. Kotak Mahindra Bank, Godfrey Phillips, and JSW Steel show bullish momentum. Banking and pharma stocks attract interest, while railway and defense stocks consolidate.

Varun Beverages reported strong financial growth, with net revenues (post-excise duty) rising 38.3% to Rs 3,688.79 crore. Revenue from operations surged 39.8% year-over-year, reaching Rs 3,817.61 crore, compared to Rs 2,730.98 crore in the same period last year. The company’s impressive performance reflects strong demand and operational efficiency, contributing to its continued expansion in the beverage market.

Crypto Price Today: As of 12:19 pm IST, Bitcoin rose 0.22% to $97,154, while Ethereum dipped 1% to $2,632. The global cryptocurrency market cap declined 0.33% to $3.17 trillion in the past 24 hours. Most altcoins were in the red, except XRP (+2.9%), Solana (+1%), Dogecoin (+2.5%), and Cardano (+1.7%). Stellar dropped 6%, Shiba Inu fell 2.5%, Hedera 1.4%, and Tron 1%. Official Melania Meme and OFFICIAL TRUMP tokens plunged 2.6% and 11%, respectively.

Yes Securities Amar Ambani analyzes Budget 2025, highlighting fiscal discipline, private capex trends, and key sectoral beneficiaries. Infrastructure, consumer durables, and real estate emerge as key gainers.Amar Ambani explains key takeaways from Budget 2025 for investors

European shares rose slightly on Monday as rising energy stocks extended support, while markets weighed fears of a major trade war following President Donald Trump s warning to impose tariffs on all steel and aluminium imports into the United States.

In FY25 so far, Sensex has gained 5.71%, while the auto index rose 7.18%, with several auto-ancillary stocks showing strong growth, according to ETMarkets analysis.

Nomura has initiated coverage on Anant Raj with a “buy” rating, setting a target price of Rs 750, representing a 23% upside. Despite a 32.4% drop in share price recently, largely due to a global technology selloff, Nomura sees strong growth potential in Anant Raj’s real estate and data center segments. The company’s internal funding for data centers eases liquidity concerns.