Indian Oil's Rs 5 dividend, inflation rises in Nov, & more - Groww Digest
Friday, 11 December 2025
Markets opened above yesterday’s closing point.
All sectors’ stocks rose today except for the FMCG stocks and media stocks. Metal stocks and realty stocks rose the most.
Global markets: Most US markets and Asian markets rose. European markets rose (as of 6 pm IST).
News
India’s retail inflation rose to 0.71% year-on-year in Nov (vs 0.25% in Oct).
India’s forex reserves rose by $1.03 billion to $687.26 billion in the week that ended on 5 Dec.
The central government approved a rail line between Bhanupalli-Bilaspur-Beri in Himachal Pradesh at a cost of Rs 6,753 crore.
The central government approved the proposal of conducting the population census in 2027 at a cost of Rs 11,718.24 crore.
ICICI Prudential AMC IPO has been subscribed 0.72 times. Retail subscription: 0.21 times. IPO closes on 16 Dec.
Nephrocare Health IPO was subscribed 13.96 times. Retail subscription: 2.31 times. IPO is closed for subscription.
Park Medi World IPO has been subscribed 8.10 times. Retail subscription: 3.16 times. IPO is closed for subscription.
Stocks Updates
Indian Oil: declared an interim dividend of Rs 5 per share with record date as 18 Dec.
Tata Power: will issue Rs 2,000 crore of non-convertible debentures via private placement, with maturity periods of 3 years and 5 years.
Wipro: announced a 3-year strategic partnership with Microsoft to build AI-led enterprise solutions, including a new Microsoft Innovation Hub in Bengaluru.
BEL: received orders worth Rs 776 crore including indigenous counter unmanned aerial system (SAKSHAM), software defined radios, anti drone systems, etc.
Adani Energy: signed an agreement to acquire 100% of KPS III HVDC Transmission Ltd from PFC Consulting.
JSW Energy: approved a Rs 500 crore preferential share issue, a Rs 2,500 crore warrant issue to promoter entity JTPM, plans to raise up to Rs 10,000 crore, and appointed a new CFO effective from 1 Jan 2026.
Waaree Energies: announced that its subsidiary, Sangam Solar One, has begun operating a new 1,500 MW solar module manufacturing facility in Kutch.
Info Edge (Naukri): updated that it has invested Rs 120 crore in its subsidiary, Startup Internet Services Ltd, with Rs 180 crore to follow as needed.
Lupin: announced an alliance between Lupin Manufacturing Solutions and PolyPeptide to work on peptide API supply chain.
Word of the Day
Consumer Price Index (CPI)
It is a measure of inflation in a country
It tracks the changes in prices of a fixed basket of goods and services over time.
This basket is representative of the demand in the economy. It includes essentials like food, clothing, housing as well as transportation, electricity, healthcare, etc.
CPI reflects the change in cost of living and purchasing power. When CPI rises, inflation is rising; when CPI falls, inflation is easing.
6 Day Course
Theme: AIF
Day 5: Friday
Tax on AIFs is a bit complicated. Different AIFs are taxed differently.
Category 1 and 2 AIFs have a pass-through structure in case of taxation.
This means that the tax has to be paid by the investor (except business income tax).
So any interest, dividend, capital gains etc the AIF investment makes is taxed to the investor and the appropriate tax rates apply.
This means in case of some portions of the investment, capital gains tax would apply, and some would be taxed according to the investor’s tax slab.
Category 3 AIFs
These AIFs are taxed at the fund level and double taxation does not happen at the investor’s level.
Featured Questions
“How long is the bull run of gold/silver expected to be? Should one invest in long term gold options at this point?”
It is impossible to tell how long a bull or bear cycle will last.
Some people have informed opinions on this matter. But they are opinions — not facts.
If we look at history, we realise that there is no clear repeating pattern in the bull or bear run of silver, gold, nifty, other sectors, etc.
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