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Subscribe to enjoy similar stories. Stock market recap: A 25-basis-point rate cut by the Reserve Bank of India (RBI) and the central bank's proposal for a ₹1.45 trillion liquidity infusion through bond purchases and dollar-rupee swaps boosted domestic market sentiment, helping the benchmarks end with decent gains on Friday, 5 December. Extending gains to the second consecutive session, the Sensex ended the day with a healthy gain of 447 points, or 0.52%, at 85,712.37, while the Nifty 50 settled at 26,186.45, up 153 points, or 0.59%.

Geojit Financial Services, said both stocks have yet to show signs of bottoming out or bearish exhaustion, with downside momentum continuing to dominate. Edited excerpts from a chat on how to trade both these stocks as well as Nifty in the week ahead:

«Only banking sector could give some support to the market to move further higher. So, it is going to be a range-bound kind of scenario for coming week on the downside 22,760 lower band and on the higher side 23,200 this could be the possible range for Nifty,» says Rajesh Palviya, Axis Securities. Where do you think we will open on Monday, given the kind of cut that we have seen today? Do you think we have completely digested this tariff news and Monday could be better looking for us because yesterday, we absorbed this shock quite well, and today we were spooked. So, do you think that is only because of how the global markets have performed and Monday could be better for us or do you believe that this is the start of another correction rally that we can expect to see going ahead? Rajesh Palviya: So, again, there would be impact of global cues definitely on the Monday opening. Looking at the setup, the weekly close is now below 20-day, 50-day moving average for Nifty. But on the other end, Bank Nifty is showing a different kind of scenario because Bank Nifty is quite stable and holding above all its near-term, short-term, as well as long-term moving averages. So here, we have strength.

Subscribe to enjoy similar stories. Mumbai: Poonam Gupta, the newly appointed deputy governor of the Reserve Bank of India, has less than a week to prepare for the three-day monetary policy committee meeting beginning Monday. But, while it maybe be her first stint at the RBI, Gupta’s academic papers and articles point to a person who has strong views on inflation targeting framework and exchange rate stability.

Vodafone Idea after the recent government decision not to waive interest and penalties related to adjusted gross revenue dues. The development came amid demands by Bharti Airtel and Reliance Jio that the government have a clause for refund of the money that they have fully paid up for the spectrum bought before 2022 but could have now surrendered, said officials aware of the matter. Vodafone Idea was hoping to immediately surrender some spectrum bought before 2022 and use it partly to pay for bank guarantees in the near future. Surrender of excess airwaves could have reduced the telco's government obligations by ₹30,000-₹40,000 crore, depending on the quantum of spectrum returned. Officials said the move to allow surrender of spectrum would have involved a complicated process to change the rules of auctions conducted before 2022, which was also a deterrent.

Music Festival have announced that The Killers will be headlining the event on July 29. The Las Vegas rock band are known for anthems like Mr Brightside and Somebody Told Me. They will be joined by The Beaches and Matt Mays for an unforgettable night. The four-piece band, as per the reports, was formed in 2002. It features singer/keyboardist Brandon Flowers, drummer Ronnie Vannucci, guitarist Dave Keuning, and bassist Mark Stoermer. As per an NTV report, the band has received multiple Grammy nominations, American Music Award nominations, MTV Video Music Awards, NME Awards and more. Tickets for The Killers’ show go on general sale from April 2 at noon, and will be available online at ChurchillParkMusicFestival.com.

Dhoom Machale—the high-energy Bollywood anthem synonymous with thrilling chases and grand heists—playing in the presence of British royalty sounds almost too surreal to be true. But at this year’s Commonwealth Day ceremony at Westminster Abbey, that’s exactly what happened. As King Charles and Queen Camilla arrived for the annual event, the distinctive notes of Dhoom Machale filled the air, played by the Shree Muktajeevan Swamibapa Pipe Band—a Hindu Scottish ensemble known for blending traditional bagpipes with Indian musical influences. The unusual yet electrifying fusion stunned onlookers, and when a video of the moment surfaced online, it sent Indian social media into a frenzy. Many joked that this was Hrithik Roshan’s latest disguise, referencing his royal impersonation in Dhoom 2, while others saw it as poetic justice—Bollywood’s way of reclaiming cultural ground in the land of its former colonizers. Beyond the humor, however, the performance symbolized something deeper: the ever-growing cultural footprint of Indian music in spaces once considered exclusively Western.

The retail portion of the issue was subscribed by 2.47 times, while the issue was subscribed by 4.06 times in the non-institutional investors category on the second day of bidding. Meanwhile, the qualified institutional buyers had not made any bids yet.

The retail portion of the issue was subscribed by 59%, while the issue was subscribed 18% in the non-institutional investors category on the first day of bidding. Meanwhile, the qualified institutional buyers had not made any bids yet.

A total of four SME IPOs are scheduled to open for subscription, while five newly listed companies will begin trading on the exchanges. As investor interest in SME public issues continues to grow, here’s a closer look at the upcoming IPOs and listings to watch."

lithium-ion battery solutions, is set to launch its Initial Public Offering (IPO) on Tuesday, March 25. The company aims to raise up to Rs 63.76 crore at the upper price band, with the shares proposed to be listed on the NSE Emerge platform. The IPO comprises up to 54,03,600 equity shares of face value Rs 10 each, which includes a fresh issue of 43,23,600 equity shares and an offer for sale of 10,80,000 equity shares.

Jonas Brothers announced their comeback with a 2025 world tour at their New Jersey hometown. The Jonas 20: Living the Dream Tour will commence on August 10 at the MetLife Stadium located in East Rutherford. The band announced the news on Good Morning America during a discussion on their two-decade-long career in the music industry. During the Good Morning America interview, Joe Jonas recalled how the group performed in small clubs after their dad transported them to each show. After twenty years, the band has scheduled their largest tour to date.

Subscribe to enjoy similar stories. Following the recent market crash, several small-cap companies are staging an impressive recovery, fuelled by market corrections and renewed investor confidence. These agile firms are leveraging opportunities in niche markets and capitalizing on shifting consumer trends to drive growth.

Gold has been on a relentless upward trajectory, and it is believed the highly anticipated Rs 1 lakh per 10 grams mark may not be too far off. With central banks continuing to accumulate gold, geopolitical risks persisting, and inflation concerns lingering, the gold rally shows no signs of stopping. Anuj Gupta, Head of Commodities & Currencies at HDFC Securities, remains optimistic about gold’s continued rally, citing strong demand, global uncertainty, and central bank purchases as key drivers.

Dropkick Murphys found themselves locked out of their X (formerly Twitter) account this week following a string of sharp critiques aimed at Donald Trump, Elon Musk, and their supporters—a move critics likened to censorship tactics seen in authoritarian regimes. The suspension, which occurred late Monday, came after frontman Ken Casey doubled down on his years-long disdain for Trump during interviews and explosive concert moments, culminating in what fans call a “political silencing” under Musk’s ownership.

The market sell-off is not over yet as consumer and corporate confidence take a dive on tariff uncertainty, according to Deutsche Bank.

A Japanese rock band opened for a German post-punk trio followed by an alternative group from New Zealand. And that was just day one at the New Colossus Festival, held last week. The six-day event takes its name from the poem cast on the Statue of Liberty, viewed as a welcome message for new immigrants: «Give me your tired, your poor, Your huddled masses....»

Reserve Bank of India on Friday. For the previous week, India's forex reserves fell to $638.69 billion in the week ending February 28, 2025, down by $1.7 billion, said the Reserve Bank of India on Friday. India's forex kitty The central bank releases India's forex reserves' data every Friday, closely monitoring the economic indicator of foreign trade.