Stock Buzz: IndiGo’ Turbulence, Fino’ Bank Upgrade, and Block Deals in Focus

New Delhi, December 08, 2025: The Indian stock market is seeing significant movement today, with several key companies hitting the headlines due to operational challenges, corporate actions, and regulatory milestones. Here is a breakdown of the top stocks in the news:

IndiGo Faces Operational Storm, Shares Drop

InterGlobe Aviation, the parent company of India’s largest airline, IndiGo, is experiencing major turbulence. The airline’s stock plunged by around 7% on Monday, extending its losing streak. This comes after widespread flight cancellations and delays severely disrupted operations over the past week, leaving thousands of passengers stranded.

• The Cause: The chaos is primarily linked to the airline’s struggle to implement revised pilot duty norms, known as Flight Duty Time Limitations (FDTL).
• Regulatory Action: The Directorate General of Civil Aviation (DGCA) has issued a show-cause notice to CEO Pieter Elbers, demanding an explanation and a concrete plan to resolve the disruptions.
• The Road Ahead: While IndiGo’s crisis management team aims for network stability by mid-December, analysts foresee continued pressure on the stock, with some predicting a further dip as the company grapples with rising costs for refunds and potentially higher operational expenditure under the new rules.

Fino Payments Bank Gets a Major Upgrade

In a landmark development for the financial sector, Fino Payments Bank has secured the Reserve Bank of India’s (RBI) in-principle approval to convert into a Small Finance Bank (SFB). This makes it the first payments bank in India to achieve this crucial regulatory milestone.

• The Opportunity: The SFB status is a natural progression that will allow Fino to significantly broaden its services, including entering the lending business, which is currently restricted for payments banks. This move is expected to enhance its product portfolio and customer reach.
• Market Reaction: Curiously, despite the positive long-term outlook, the stock declined by about 6% following the announcement, suggesting investors may be booking profits or anticipating the execution challenges of the transition.

Bajaj Finserv’s Expansion Plans

The financial services giant, Bajaj Finserv, remains in focus as it reveals aggressive growth plans. The company, which already holds the group’s insurance entities, is preparing for a significant business expansion.

• New Ventures: Chairman Sanjiv Bajaj informed investors of the company’s intent to enter the rapidly growing pensions and wealth management sectors next year.
• Future Listing: The management also hinted at a potential public listing of its insurance arms over the next four to five years, a move that could unlock significant value for shareholders.

Eternal and Ola Electric See High Volume Activity

Eternal, the parent company of food delivery platform Zomato, is witnessing high trading activity due to a large block deal. An institutional investor is reportedly looking to sell a stake of approximately 0.5% in the company, worth up to ₹1,500 crore. Such large sales often keep a stock in the news, though the long-term view remains anchored to the company’s steady financial performance, particularly the growth in its quick commerce segment.

Meanwhile, electric vehicle maker Ola Electric continues its challenging run. The stock, which had an IPO price of ₹76, has dropped to a new lifetime low. The company’s shares are now trading at less than half their listing price, driven by concerns over: