Stock Market LIVE: Global Rally Lifts Nifty as AI Stocks Lead US Gains
November 11, 2025, 1:24 AM EST. Stock Market LIVE updates show a positive tilt across markets as GIFT Nifty hints at a higher start. The S&P 500 rose 1.54% and Nasdaq 100 2.20%, their biggest daily gains since May, with AI stocks leading the rebound. Nvidia jumped 6%, Palantir 9%, and Tesla 3.7% as investors rotate into tech on expectations of AI spending. The yen weakened after signals of a less hawkish stance, while gold jumped nearly 3% above $4,100/oz on rate-cut bets. Bitcoin firmed to around $105,800 as risk sentiment improves. WTI crude edged above $60/bbl; optimism on shutdown progress and demand supports the move, though gains are capped by inventory builds. In India, Nifty rose 82 points to 25,574, with broad opening for local equities on global cues and a U.S. reopening hopes.
Asia Markets Open: Bitcoin Holds Ground as US Shutdown Progress Lifts Stocks
November 11, 2025, 1:20 AM EST. Bitcoin held ground in early Asia trade as the US Senate moved toward ending the government shutdown, lifting risk appetite. Asian equities advanced: Korea's Kospi up about 1.3% and Japan's Nikkei around 0.4%, with Hong Kong and mainland China mixed. Gold jumped near 3% to above $4,100, while U.S. stock futures and the Nasdaq steadied and recovered from last week's AI-led slide. The Senate's funding deal would keep the government open through Jan. 30, 2026, with a House vote anticipated this week. Traders price in relief but remain cautious on Fed policy, while assets across crypto and equities trim earlier losses on the back of the shutdown progress.
Ally Financial Signals Focus on Core Auto Finance Amid Board Appointments and Profitability Push
November 11, 2025, 12:22 AM EST. Ally Financial recently announced two new directors, Allan Merrill and Gunther Bright, as it tightens its strategy around high-yield core assets. The company also reported Q3 2025 results with strong consumer auto originations and improved capital ratios, while signaling an exit from lower-margin businesses to boost profitability and expense discipline. Analysts say near-term catalysts hinge on origination growth and competitive dynamics in auto lending. The backdrop includes a forecast of about $9.6 billion in revenue and $1.8 billion in earnings by 2028, implying a solid growth trajectory and upside prospects. Some research platforms assign a $48.06 fair value with ~22% upside to current prices, underscoring the case for a core auto finance focus amid rising competition.
Groww IPO: Muted debut on cards as GMP slips to Rs 4
November 11, 2025, 12:20 AM EST. Groww (Billionbrains Garage Ventures Ltd) is set to list on BSE/NSE on Nov 12. The GMP has cooled to Rs 4, pointing to a potential ~4% listing gain over the Rs 100 issue price, after a high of Rs 16.7 earlier in the window. The IPO was subscribed 17.6x across categories, with the issue size of Rs 6,632 crore (fresh Rs 1,060 crore; OFS Rs 5,572.3 crore). The consensus suggests a muted opening rather than a surge, as sentiment in the grey market faded post-allotment. Despite the near-term softness, Groww enjoys strong retail/institutional demand and long-term promise in India's digital investing space, with offerings across mutual funds, stocks, ETFs, IPOs, and more.
Chimera Investment (CIM): Is the Stock Undervalued After Recent Decline?
November 11, 2025, 12:18 AM EST. Chimera Investment (CIM) shares fell about 1% today and roughly 6% over the last month as investors reassess risk in a cautious market. The stock's 1-year total return sits at -12.4%, heightening focus on whether current levels reflect all potential upside. A narrative-driven view pegs a fair value of around $15.50 versus a recent close near $12.02, signaling an undervalued setup despite near-term headwinds. Proponents point to strategic acquisitions, portfolio diversification, and improving revenue growth and margins. Yet headwinds persist: persistent credit risk and uncertainty around new asset performance could curb upside. Relative to peers, the stock trades at a PS ratio of about 5.2x, above the industry benchmark; the implied fair multiple could be lower, suggesting potential re-rating if sentiment shifts. Investors may want to model the risks and catalysts before stepping in.
Super Group (SGHC) Valuation Under Scrutiny After Upbeat Q3 Results and Raised Revenue Outlook
November 11, 2025, 12:16 AM EST. Super Group posted a robust Q3 with double-digit gains in revenue and net income, prompting a higher full-year revenue outlook and demonstrating solid momentum. The stock has surged about 93% year-to-date and tops a 1-year return near 136%, underscoring investor enthusiasm for improving fundamentals. A live valuation debate centers on a fair value around $17.63 versus a recent price near $12.12, fueling the call that the stock may still be undervalued. Bulls point to raised 2025 guidance and medium-term targets through 2028 as catalysts, while bears flag execution risks and regulatory pressures in key markets. The stock trades at ~26.6x forward earnings, versus 21.2x industry peers, suggesting mixed valuation and upside potential.
BMC Minerals files AUD$100m IPO prospectus ahead of ASX listing for KZK polymetallic project
November 11, 2025, 12:04 AM EST. Canadian polymetallic miner BMC Minerals has lodged a prospectus with the ASIC for a A$100 million IPO to advance toward an ASX listing in December. Proceeds will fund exploration, permitting and optimisation at the 100%-owned Kudz Ze Kayah (KZK) project in Yukon, which hosts the ABM and Kona deposits with 27.9 Mt resources and 15.7 Mt reserves at ABM. The company plans a two-million-tonne-per-year ABM operation over ~nine years, targeting an average of 32 Moz AgEq/year at all-in sustaining costs below US$12/oz AgEq. A pre-tax NPV of about US$835m accompanies capex of roughly US$492m and a 2.2-year payback. The offer comprises 43.5-52.6m CHESS Depository Interests at A$1.90-A$2.30 each, with Barrenjoey, Argonaut and Morgans leading.
IonQ (IONQ) Valuation Under Scrutiny After Recent Swings and Multi-Year Gains
November 11, 2025, 12:03 AM EST. IonQ (IONQ) has swung as investors weigh the promise of quantum computing against near-term fundamentals. The stock is down ~21.6% over the last month after a blistering rally, while longer horizons show a different story: about 135% total return over the past year and an 824% gain over three years. The market currently prices IonQ at a price-to-book (P/B) of 8.6x, a premium versus the broad US Tech group (avg ~2.5x) though still below some peers (avg ~12.8x). This implies the stock is valued for high growth, not traditional profitability. But risk factors-slower revenue growth and ongoing losses-could threaten this premium and leave the stock vulnerable to multiple contractions. Investors should weigh IonQ's long-term momentum against its valuation and the possibility of further volatility.
PhysicsWallah IPO: Safety incidents in focus as risk factors loom for investors
November 11, 2025, 12:00 AM EST. PhysicsWallah's Rs 3,480 crore IPO discloses risks tied to its rapid offline expansion. The RHP cites incidents including a 2024 ceiling-fan accident leading to an FIR, a staff member pushing a student, a student threatening a faculty member, and a 2024 classroom odour evacuation. The company warns that safety concerns could hurt enrolments, business and finances, despite stronger safety systems and SOPs. With over 300 centres and 18,000 employees, the offline push aims to grow, backed by a fresh issue of Rs 3,100 crore and an OFS of Rs 380 crore, priced at Rs 103-109 per share and tentatively listing on Nov 18. Investors face reputational risk, potential negative publicity, and uncertain future safety outcomes.
