Global financial markets remained mixed, while Indian corporates announced key listings, capacity additions, board approvals, and ESOP-related actions. The crypto market saw mild pressure across major tokens amid easing volatility.
Crypto Market Snapshot
The cryptocurrency market traded mostly lower. Bitcoin slipped 0.23% to $89,740.56, with its market capitalisation standing at $1.79 trillion. Ethereum declined 1.81% to $2,962.18, while XRP fell 2.03% to $1.92. Solana eased 1.09% to $128.59, and Dogecoin dropped 1.92% to $0.13.
On the upside, TRON gained 2.53% to $0.31, emerging as one of the top performers among large-cap tokens. Stablecoins USDT and USDC remained largely unchanged.
Equity Markets Overview
European markets closed in positive territory. The FTSE 100 ended marginally higher at 10,150.05, up 0.12%, while Germany’s DAX rose 1.20% to 24,856.47 and France’s CAC 40 advanced 0.99%. Broader European indices outperformed as investor sentiment improved.
India Corporate Developments
Amagi Media Labs Ltd debuted on the BSE and NSE, becoming the first cloud-native SaaS company in the broadcast and streaming advertising segment to list in India. The company plans to utilise ₹550.06 crore from IPO proceeds for technology and cloud investments through FY28, inorganic growth, and general corporate purposes. Amagi reported FY25 revenue of ₹1,162.64 crore, reflecting a 30.7% CAGR (FY23–FY25), and posted a profit of ₹6.47 crore in H1 FY26.
Premier Energies Ltd, via its subsidiary Premier Energies Photovoltaic Pvt Ltd, commissioned a 400 MW Solar PV Cell (Mono PERC) facility in Telangana, taking its total operational solar cell capacity to 3.6 GW following brownfield expansion.
Poonawalla Fincorp Ltd granted 5 lakh stock options under ESOP-2024 (Scheme II – Tranche 38) at an exercise price of ₹443.80, in line with SEBI regulations.
Cigniti Technologies Ltd approved its unaudited Q3 FY26 and 9M FY26 financial results, recording an exceptional expense of ₹4.8 crore due to the implementation of new Labour Codes. The company’s proposed merger with Coforge Ltd remains subject to NCLT approval. Cigniti also allotted 90,000 equity shares under ESOPs.
TVS Motor Company Ltd received shareholder approval for the appointment of Ms Kalpana Unadkat as Non-Executive Independent Director for a five-year term starting December 15, 2025.
Raymond Realty Ltd is seeking shareholder approval for RRL ESOP 2025, involving issuance of up to 16.8 lakh stock options (2.52% of equity). Meanwhile, Karnataka Bank Ltd secured approval for the appointment of Mr Raghavendra Srinivas Bhat as MD & CEO.
