Opening Recap
Market Pulse: Yesterday’s frenzy saw Moore Threads rip 420% in its debut, while AI valuations drew bubble warnings and housing prices hit fresh highs.
Key Movers: Moore Threads’ blockbuster IPO (Forbes), Goldman Sachs flagging small-cap AI excesses (Business Insider), NIIF’s stake sale in IntelliSmart (Financial Post), and an 86% property rally since 2017 (Protothema).
Macro & Politics: India’s sovereign fund tapping private capital for green meters shows state influence can shift in a heartbeat—and markets follow.
What’s Next: Watch Sandip Sabharwal’s midcap outlook and final bids for Aequs, Meesho, and Vidya Wires today.
Unfiltered Market Commentary
Everyone’s eyes are on Moore Threads’ debut pop and founder Zhang Jianzhong’s instant billionaire status, but what’s often missed is the insider exit. When shares rip 420% at open, insiders have already locked in gains, leaving retail in the lurch if the growth story stalls. Goldman Sachs even warns smaller AI plays are feeding on hype, not actual profitability (Business Insider).
There’s a clear link between state-led deals and frothy rallies—NIIF looking to sell IntelliSmart stake shows bureaucrats picking winners, much like the chase behind an 86% housing gain since 2017 (Protothema). Mix politics with overleveraged bets and you’ve got a perfect storm when policy shifts catch speculators flat-footed.
Here’s the play: demand transparent forward guidance, vetted margin expansion plans, and policy backstops before you dive in. Avoid the next shiny hype; fundamentals are where the real edge is.
📈 Breaking Financial News
Market may deliver 12–15% returns next year, but midcap outperformance unlikely: Sandip Sabharwal
Investor Sandip Sabharwal urges caution on stretched valuations and corporate disclosures. He sees opportunities in financials, auto stocks, and L&T for the coming year. Largecap stocks appear solid, with midcap opportunities to emerge gradually. Sabharwal an…
Goldman Sachs' top strategist says there is an AI bubble — but not where everyone thinks
Private AI looks overstretched, with valuations and growth expectations feeding each other instead of reflecting the underlying business reality.
Sales prices for residences up +86% since 2017 – The crazy real-estate rally continues
The National Bank reports a new strong increase in housing prices this year, with cumulative appreciation from the lowest valuation point—specifically from the third quarter of 2017—reaching +86%. After Athens, Thessaloniki also hits its peak The post Sales p…
AI Valuations Are in the Bubble Zone, but the Technology Is Real: Jiraaf Co-Founder Vineet Agrawal
Jiraaf Co-Founder Vineet Agrawal warns that while AI technology is real and transformative, many AI-linked company valuations are entering bubble territory. He advises investors against heavily indexing portfolios to a few select US AI stocks due to valuation…
Vidya Wires IPO Day 3: GMP movement, strong demand. Will you participate?
Vidya Wires’ Rs 300-crore IPO entered its final bidding day with strong demand, after subscriptions hit 8.26 times and GMP improved to 10.6%. Robust retail and NII participation, attractive valuations, and sector tailwinds position the company favourably, wit…
🔍 Market Analysis & Insights
New Pacific Metals price target raised by 85c at Roth Capital, here's why
See the rest of the story here. thefly.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fly's real-time, streaming news feed keeps individual investors, professional money managers, active traders, and corpor…
Consumption, Quick Commerce, and Financials: Asit Bhandarkar on where investors should focus
Asit Bhandarkar identifies consumption, financials, and exporters as prime investment areas. Consumption is seen as a medium-term growth story. Financials offer attractive valuations and pristine asset quality. Exporters may also present opportunities. Inve…
Are trillion-dollar valuations for Nvidia and AI giants built on fairy tale? Aswath Damodaran decodes
Valuation guru Aswath Damodaran questions if trillion-dollar market caps, particularly Nvidia's, are driven by genuine performance or investor fantasy. He uses a ‘possible, plausible, probable' framework to assess Nvidia's revenue needs and warns of the ‘Big …
Chinese Challenger To Nvidia Mints A New Billionaire As Its Stock Soars Over 420% In Trading Debut
Founder Zhang Jianzhong has amassed a fortune of $4.3 billion based on his stake in Moore Threads.
Luana Lopes Lara, Kalshi co-founder and ex-ballerina, becomes youngest self-made female billionaire at 29 years old
A former ballerina and MIT graduate made history, unseating Lucy Guo, Taylor Swift and Kylie Jenner to become the world's youngest self-made female billionaire.
Buffett, Gates and Bezos Quietly Dumping Stocks-Here's Why The world's wealthies
Warren Buffett just liquidated billions of shares. Bill Gates sold 500,000 shares of Microsoft. Jeff Bezos filed to sell Amazon shares worth $4.8 billion. What is going on? One multi-millionaire believes they are preparing for a catastrophic event. But not a crash, bank run, or recession. It's something we haven't see in America for more than a century. For the full story, click here.
💰 Investment Opportunities
IPO market today: Aequs, Meesho and Vidya Wires’ IPOs draw heavy bidding on final day
All three IPOs were fully subscribed on the first day, setting a strong tone for the issues right from the start; Momentum continues on Day 2 with steady inflows across investor categories
Result of AGM for 2025
4 December 2025 Volta Finance Limited (VTA / VTAS)RESULTS OF THE ANNUAL GENERAL MEETING Volta Finance Limited announces that at the Annual General…
India’s NIIF to Consider Selling Stake in Smart Power Meter Firm IntelliSmart
India’s National Investment and Infrastructure Fund is considering selling its 51% stake in IntelliSmart Infrastructure, according to people familiar with the matter.
ITC Hotels block deal overhang set to end; strong room addition pipeline to drive upside: Prashant Biyani
ITC Hotels’ upcoming block deal is unlikely to hurt the stock, says Elara Securities’ Prashant Biyani, who expects strong demand and room additions to drive upside. With aggressive expansion via management contracts, improving margins, and favourable hospital…
Traders ignore Kaynes Tech clarification on governance concerns as shares crash another 6%
Kaynes Technology shares fell sharply on Friday as investors remained unconvinced by the company’s detailed clarification on governance and accounting concerns flagged by Kotak and Investec. Despite management assurances, issues around related-party disclosur…
1 Chart Reveals the Biggest ‘Tech Bubble' in History?
Thanks to a critical announcement on February 25th, we could soon witness a rapid collapse of all the biggest tech stocks in the world . Retirement accounts across the nation could get slashed by a factor of -20% , -40% , even -80% . And it all starts (and ends) with ONE single chart. The REAL cause of what is happening in our entire stock market…
