Tuesday, December 9, 2025 News Archive

Fujiyama Power nearly doubled Q2 profit on 73% revenue growth, driven by stronger order execution in infrastructure-related equipment.

PhysicsWallah reported 70% profit growth in Q2 on 26% revenue expansion, supported by stronger test preparation demand and higher operating margins.

Flywings Simulator closed its ₹54 crore SME IPO as the aviation training firm prepares for its December 12 BSE SME listing.

Reliance Jio is preparing a mega public offering supported by strong FY25 revenue growth and continued network investment plans.

Corona Remedies’ ₹655 crore pharma IPO remains open as the company targets capacity expansion following strong Q2 sales growth.

India’s IPO market is stabilising near $20 billion annually as Swiggy moves ahead with a ₹10,000-crore QIP to reinforce its balance sheet.

Fireside Ventures raised $253 million for its fourth consumer-focused fund as select Indian startups continued to secure capital for global expansion.

EPAM launched seven Gemini-powered AI agents on Google Cloud, targeting compliant deployment across finance, healthcare, and retail enterprises.

Nifty firms posted steady Q2 revenue growth with sharp profit expansion, though IT stocks underperformed and most index constituents closed lower.

India’s mutual fund AUM is projected to grow over seven-fold by FY2035, led by SIP penetration, long-term holdings and steady equity inflows across categories.

Indian benchmark indices closed lower with Sensex down 436 points and Nifty slipping below 25,900, while weak GIFT Nifty signals a cautious global-led opening.

30-year mortgage rates stand at 6.12% and 15-year at 5.37% today; refinancing rates at 6.57% / 5.50% amid expectations of a Fed rate cut.

Home Depot forecasts 2.5–4.5% sales growth in fiscal 2026 but links major upside to a rebound in U.S. housing activity and renovation demand.

Fed likely to cut interest rates soon, but internal divergence suggests cautious language may accompany any reduction, as inflation and labor data remain mixed.

Vidya Wires will debut on the exchanges tomorrow, with investors tracking listing price, trading volumes and market sentiment to decide whether to book profits, add exposure or wait and watch.