IPO Listings and GMP
The Bharat Coking Coal IPO grabbed attention with a strong Grey Market Premium (GMP) before its listing. Initial GMP figures indicated the potential for substantial
gains. Investors followed the IPO's subscription status closely, analyzing the demand. The allotment process and listing date were highly anticipated, with investors eager to check their allotment status. Similarly, the Gabion Technologies IPO also witnessed activity, with GMP serving as an indicator of its potential market performance. The Shadowfax IPO was also in the news, with updates on its GMP and subscription rates, while the Avana Electrosystems IPO also drew investor interest.
Market Performance and Trends
The stock market experienced fluctuations, with the Sensex and Nifty50 displaying volatility. The market witnessed drops, with specific reasons cited for the decline. Analysts were assessing whether the losing streak would continue or if a short-term recovery was likely. Furthermore, certain stocks, like those of ICICI Bank and HDFC Bank, saw profit-booking after Q3 results. The performance of railway stocks gained attention as experts highlighted their top picks. The rupee's value against the dollar also faced downward pressure. The market's overall sentiment was also impacted by external factors.
Budget 2026 Expectations
The upcoming Budget 2026 is creating a buzz with various expectations. Discussions revolve around the potential for joint taxation for married couples. There are anticipations regarding tax relief and modifications to the tax regime. The real estate industry is calling for tax relief and stable policies. Experts are hoping for higher deductions and changes in the 30% tax bracket. The government's fiscal deficit cap and debt consolidation plans are also under scrutiny. The auto industry is seeking incentives for electric vehicles and clarity on GST. Overall, there's a strong anticipation for measures that simplify provisions and facilitate ease of doing business.
Banking and Finance News
HDFC Bank announced changes to its debit card lounge access rules, while also reporting an increase in net profit in its Q3 results. Yes Bank also reported significant growth in net profit. Banks had a focus on their Q3 results. RBL Bank's Q3 results showcased a surge in net profit. Meanwhile, the RBI launched the Integrated Ombudsman Scheme 2026 for improved grievance redressal. Karur Vysya Bank launched a capital gains account to offer tax relief. Moreover, new salary accounts for government staff are emerging, which are offering benefits like loans, insurance and card benefits.
Real Estate Sector
The real estate sector experienced considerable activity. Gurugram saw a massive influx of investment. A new flat scheme was announced in an NCR city. Real estate sentiment has stabilized, particularly in Q4 2025. Capital inflows into the Indian real estate sector surged. The industry is witnessing a strong demand for office spaces and high-street retail, especially in destination malls. The recent announcement also has an impact on the possession rules.
Other Economic Indicators
The Reserve Bank of India (RBI) is in focus, with the US Ambassador meeting with the Governor to discuss areas of cooperation. India is on track to become an upper-middle-income country by 2030, according to SBI Research. The country's core industries demonstrated growth in December 2025, with cement leading the list. Moody's has predicted strong growth for India in FY26. Digital payments witnessed a significant rise, as DIGIDHAN Mission drove a significant CAGR. The rise in India's forex reserves also added to the good financial outlook.
Investment Perspectives
The silver market is booming, with prices hitting record highs. Experts are evaluating whether investors should book profits or stay invested in silver ETFs, which have risen significantly. The gold and silver markets are also experiencing record highs. Investment strategies are being discussed, and market observers are watching the price movements of gold and silver closely. Some advisors are recommending flexi-cap funds. Silver's record rally also attracts attention to how much profit investors would gain.
Corporate Developments
Deepinder Goyal stepped down as CEO of Eternal, with Albinder Dhindsa taking over. Coca-Cola is planning a $1 billion IPO of its Indian bottling arm, HCCB. Wipro shares were under scrutiny following Q3 results, with analysts flagging margin risks. The NSE IPO is nearing regulatory clearance. IKEA plans to double its investment in India over the next five years. Moreover, a major announcement could be expected from Sebi on the NSE IPO by month-end.
