SEBI, MIIs working on centralised FPI data portal
The idea is to provide everything an FPI may need to trade in India under one roof, instead of making them scan through multiple platforms, one of the sources said. | Photo Credit: HEMANSHI KAMANI The Securities and Exchange Board…
Delhivery shares gain 3% as Motilal sees strong growth outlook
Shares of Delhivery surged 3 per cent on Wednesday after domestic brokerage Motilal Oswal initiated coverage on the stock with buy rating at a target price of ₹480, citing a 17 per cent upward potential. Considering the strong focus on…
Jane Street ban triggers dip in NSE F&O volumes
The National Stock Exchange (NSE) building in Mumbai with a statue of a bull and six human figures representing an Indian family | Photo Credit: SPECIAL ARRANGEMENT The Securities and Exchange Board of India’s (SEBI) action against global trading firm…
Broker’s call: Schloss Bangalore (Overweight)
Target: ₹549 CMP: ₹428.20 Schloss Bangalore, which owns and manages hotels under ‘The Leela’ brand, is one of the few pure-play luxury hotel brands from India. It is an asset-heavy business, with 93 per cent of operating revenue from five…
SEBI proposes to relax AMCs’ scope for advisory services
Even though foreign funds have joint venture with Indian AMCs, it cannot outsource its advisory service to the Indian arm due to SEBI regulations | Photo Credit: HEMANSHI KAMANI Capital markets regulator SEBI plans to allow asset management companies to…
Don’t see many other risks like Jane Street: SEBI Chairman
SEBI Chairman Tuhin Kanta Pandey on Monday said the capital markets regulator does not see “many other risks” like the manipulations done by the hedge fund Jane Street. Speaking to reporters days after a SEBI order pointed towards gains of…
SES reverses stance, backs Zee’s ₹2,240 cr warrant issue; promoters to raise stake
Brokerages PL Capital and JM Financial also supported the move, citing strengthened finances and accelerated growth plans, including expansion in edutainment, live content, sports IPs, and 3D R&D. | Photo Credit: DADO RUVIC/Reuters Proxy advisory firm SES, has changed its…
Consumer Affairs Ministry calls for action against helmets sold without BIS certification
As of June 2025, there are 176 manufacturers across India holding valid BIS licenses for protective helmets. | Photo Credit: GOVARTHAN M The Department of Consumer Affairs on Saturday urged consumers across the country to ensure they use only BIS-certified…
Brightcom shares to resume trading on exchanges from July 14
Brightcom Group Limited, the ad-tech company which was under SEBI scanner for violation of accounting norms, has said that the BSE and NSE have revoked the suspension in trading of its shares. Consequently, trading in the company’s shares will resume…
Jane Street ban could hit retail trading, warns Zerodha’s Nithin Kamath
Zerodha founder and CEO Nithin Kamath Zerodha founder and CEO Nithin Kamath has cautioned that retail trading activity could be impacted if proprietary trading firms like Jane Street, which contribute nearly 50 per cent of options trading volumes, scale back…
Crizac IPO subscribed 60 times as QIBs, NIIs bid aggressively
The ₹860-crore IPO from the B2B education platform for agents and global institutions of higher education enters was entirely an offer-for-sale by promoters Pinky Agarwal and Manish Agarwa | Photo Credit: VENKATACHALAPATHY C The public issue of Crizac was subscribed 59.82…
Sensex falls 97 points as Trent plunges 11%; trade deal hopes keep losses in check
Markets extended their morning decline during afternoon trading on Friday, with the Sensex falling 97.45 points or 0.12 per cent to 83,142.02 and the Nifty declining 32.90 points or 0.13 per cent to 25,372.40 as of 1.40 PM. The indices…
Broker’s call: Hindustan Zinc (Buy)
Target: ₹551 CMP: ₹445.45 We recently attended a field visit to Hindustan Zinc’s (HZL) Chanderiya smelting complex and the underground mining operations at Rampura Agucha in Rajasthan – two of the company’s flagship assets. The visit concluded with an engaging…
Meesho files confidentially for IPO to raise ₹4,250 crore
A confidential filing allows companies to seek the regulator’s comments without disclosing IPO documents to the public to protect sensitive information, such as financials and business strategies. | Photo Credit: Dado Ruvic E-commerce start-up Meesho has confidentially filed draft papers…
Shares of Dreamfolks fall over 5% post closure of some loyalty programmes
Shares of travel and lifestyle loyalty programmes operator Dreamfolks Services fell over 5.5 per cent on the NSE, after the company clarified in a filing that certain loyalty programmes it runs for Axis Bank and ICICI Bank had been closed…
Bharat Dynamics, BDL share price: Elara Capital downgrades defence stock Bharat Dynamics, signals 25% downside potential
Shares of Bharat Dynamics are in focus as Elara Capital downgraded the defence stock from ‘accumulate’ to ‘sell’ rating. Elara noted that the stock has outperformed the Nifty by 43 per cent in the last three months against the index…
Broker’s call: Paytm (Neutral) – The Hindu BusinessLine
We estimate a 26 per cent CAGR in financial services revenue, with the segment’s share in total revenue expected to rise by more than 250bp to around 27 per cent by FY28E | Photo Credit: SAHIBA CHAWDHARY Target: ₹1,000 CMP:…
ACME Solar gets target price boost to ₹347 on strong track record
Motilal Oswal Financial Services has raised its target price for ACME Solar Holdings to ₹347 from the current market price of ₹249, representing a potential upside of 39 per cent. The brokerage maintained its ‘Buy’ rating on the renewable energy…
Tenneco Clean Air files for ₹3,000-crore IPO
Tenneco Group generated $16,777 million in revenue in the year ended December 31, 2024 Tenneco Clean Air India, part of the US-headquartered automotive component supplier Tenneco Group, has filed a draft red herring prospectus for a ₹3000 crore initial public…
Citi raises RBL Bank target to ₹285 on credit cost normalisation hopes
VIJAYAWADA, ANDHRA PRADESH, 29-06-2022: RBL Bank Vijayawada branch on Wednesday. Photo: GIRI KVS/ The Hindu | Photo Credit: GIRI KVS Citigroup has upgraded its target price for RBL Bank to ₹285 from ₹230 while maintaining a Buy rating, citing expectations…
Mixing regulated, unregulated roles may raise risk of arbitrage
The Securities and Exchange Board of India’s (SEBI’s) decision to allow merchant bankers, custodians and debenture trustees to undertake unregulated activities without hiving them off into separate entities may open doors to regulatory arbitrage, conflicts, mis-selling and oversight evasion, said…
Mcap of nine of top-10 most valued firms surges by ₹2.34 lakh crore; Reliance biggest gainer
Nine of the top-10 most valued firms together added ₹2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities. Last week, the BSE benchmark surged 1,650.73 points or…
From Peak to Trough to Recovery: India’s Equity Market Odyssey
Indian equity markets have staged a remarkable comeback, with major indices now trading just 1-5 per cent below their September 24, 2024, peaks, following a swift recovery from early-March 2025 lows. The correction phase between September 2024 and March 4,…
Foodlink F&B Holdings files IPO draft papers with SEBI
Foodlink F&B Holdings (India), a catering and food retail chain company, has filed preliminary papers with capital markets regulator SEBI to raise funds through an initial public offering (IPO). The IPO is a mix of fresh issue of equity shares…
Crizac fixes IPO price band at ₹233-245
Vikash Agarwal, CMD of Crizac Ltd is addressing the media at their IPO announcement in Mumbai Crizac on Friday fixed the IPO price band at ₹233-245 a share for its upcoming initial public offering. The ₹860-crore IPO will open for…
Market mood: Sensex crosses 84,000 mark, Jio, IndusInd lead gainers, paint stocks Asian Paints & Akzo Nobel soar
Domestic stock market continued upward momentum for the fourth trading session amid positive global cues and strong foreign inflows. Sensex climbed 244.92 pts or 0.29 per cent to 84,000.79 as at 12.40 pm after muted opening at 83,774.45, and Nifty…
Benchmarks surge to nine-month highs as bank stocks, RIL power rally
The current three-day uptrend is being driven by easing geopolitical tensions, macroeconomic support from weak dollar and strong domestic flows | Photo Credit: FRANCIS MASCARENHAS Stock indices closed at a nine-month high on Thursday, rising for the third straight session…
Sensex zooms 570 pts, Nifty above 25,400, Jio Financial, Bajaj Finance, Grasim lead gains, defence stocks up, realty stocks hit
Taking cues of easing geopolitical tensions, equity indices surged in early trade after a mutued opening. However, market experts believe investors would embrace a wait-and-watch approach. Sensex zoomed 515.22 pts or 0.62 per cent to 83,270.73 as at 9.56 am…
Gandhinagar Municipal Corporation’s bond listed on NSE
Gandhinagar becomes the fifth municipal corporation in Gujarat to issue municipal bonds | Photo Credit: FRANCIS MASCARENHAS Our Bureau Gandhinagar Municipal Corporation (GMC) on Wednesday announced the listing of its ₹25 crore municipal bond on the National Stock Exchange (NSE)….
HDB Financial Services IPO sees muted response on opening day with 0.27x subscription
HDB Financial Services Ltd’s initial public offering opened to a lukewarm response on its first day, with the issue receiving subscriptions worth only 0.27 times the total offer as of 2.51 pm today. The three-day IPO, which runs from June…
NSDL’s new rule may delay off-market dealing in unlisted companies
The move, aimed at ensuring compliance with the Articles of Association and Companies Act, is being viewed as a double-edged sword — enhancing governance but likely causing delays and adding procedural burden. | Photo Credit: SHAILESH ANDRADE Off-market share transfers…
Paytm launches consolidated balance view for multiple UPI-linked bank accounts
Paytm has introduced a new feature that allows users to view their total balance across all UPI-linked bank accounts within the app, eliminating the need to manually calculate balances from multiple accounts. The feature displays both individual and consolidated balances…
SEBI panel drafting ODI playbook for FPIs
The new ODI framework is now scheduled to kick in from November 17, after being extended from the earlier May 17 deadline A working group set up by the Securities and Exchange Board of India (SEBI) is drafting a standard…
Top movers today June 23: Sensex reclaims 82,100 level amid Iran-Israel conflict, oil prices spike, Trent, BEL, Adani stocks lead gainers, IT stocks tank after Accenture Q3 results
Equity benchmark indices witnessed maximum pressure on Monday due to heightened tensions in West Asia and pushed oil prices. Market experts stressed that the domestic market’s near-term outlook remains cautious. Sensex traded 346.77 pts or 0.42 per cent lower at…
India Cements sells its entire stake in Industrial Chemicals and Monomers Ltd for ₹98 crore
India Cements is selling its entire equity investment held in Industrial Chemicals and Monomers Ltd (ICML) to Mirai Sensing Private Ltd for ₹98 crore, the company said in an announcement to the Bombay Stock Exchange. Upon completion of the said…
NTPC board approves raising ₹18,000 cr via bonds, NCDs
State-run power giant NTPC board on Saturday approved the proposal to raise up to ₹18,000 crore through the issuance of NCDs or bonds on private placement in the domestic market. The board of directors of the company in its meeting…
Movers & Shakers: Stocks That Will See Action This Week
CG Power and Industrial Solutions (₹688.45) Eyeing a breakout The stock of CG Power and Industrial Solutions, currently trading at ₹688, faces a resistance at ₹705. While the scrip has been struggling to break out of this hurdle over the last…
Vanguard buys 1.1% stake in Vishal Mega Mart for ₹655 cr
Global investment firm Vanguard Group purchased a 1.1% stake in Vishal Mega Mart for ₹655 crore through open market transactions, lifting the stock by 2.12% to ₹128.80 on the NSE. | Photo Credit: Brendan McDermid/Reuters US-based Vanguard Group on Friday…
Nippon India MF, BlackRock, Societe Generale, others buy 10% stake in Sai Life for ₹1,505 cr
Nippon India Mutual Fund, BlackRock, Societe Generale, Morgan Stanley and others on Friday collectively bought a 10 per cent stake in Sai Life Sciences from US-based asset manager TPG for ₹1,505 crore through open market transactions. Besides, Axis Mutual Fund…
OYO-owned Innov8 sells 3% stake at ₹1,000 cr valuation to expand co-working biz
OYO Group manages over 1.5 lakh hotel and home storefronts in more than 35 countries. | Photo Credit: Indranil Aditya OYO-owned co-working firm Innov8 has sold 3 per cent stake in the company to investors at a valuation of ₹…
Dayanidhi Maran alleges that brother Kalanithi got Sun TV shares by fraud
DMK MP Dayanidhi Maran has served a legal notice on his brother and Sun Network Executive chairman Kalanithi Maran alleging that the latter along with seven others was involved in unlawful share transfers concerning Sun TV Network Limited and affiliated…
Top movers today June 19 2025: Sensex, Nifty trade flat, auto stocks resilient, Eicher Motors, Tata Consumer, Titan, M&M lead gainers, Protean eGov, Ola & Vi shares hit 52-week low, Muthoot Finance, AU Small Finance hit 52-week high
Equity benchmark indices traded flat on Thursday’s mid-trading session, off the day’s losses. However, Iran-Israel conflict continue to weigh on investors’ sentiment. The cautious tone is likely to continue due to lack of positive triggers and trade tensions. Investors might stick…
SEBI allows ESOP retention by founders, eases PSU delisting and FPI G-Sec norms
A key proposal on the independence of ownership of clearing corporations did not reach a conclusion to formulate into a circular yet. | Photo Credit: HEMANSHI KAMANI The Securities and Exchange Board of India (SEBI) has approved a slew of…
Top movers today June 18: Sensex, Nifty 50 in red amid rising geopolitical tensions, IndusInd lead gainers, Adani Group stocks decline, Hindustan Zinc tumbles
Equity benchmark indices reversed early gains and traded in negative territory intraday as investors sentiment was cautious amid ongoing geopolitical tensions and US President Donald Trump’s warning of “unconditional surrender” to Iran. Sensex traded 214.51 pts or 0.26 per cent…
Vedanta to sell 1.6% stake in Hindustan Zinc; ₹12,000 cr expansion plan unveiled
Vedanta Ltd is set to sell up to 1.6% stake in Hindustan Zinc through a block deal valued at $350 million, offering up to 6.67 crore shares at a floor price of ₹452.50 — a 7% discount to Tuesday’s closing…
Globe Civil Projects sets IPO price band at ₹67-71/share; to raise ₹119 cr
Globe Civil Projects Ltd, a civil construction and infrastructure development company, on Tuesday said it has fixed the price band at ₹67–71 per equity share for its forthcoming initial public offering (IPO). The issue will open for subscription on June…
RIL sells 85 lakh shares of Asian Paints to ICICI Pru MF
With the stake sale today RIL will be holding around 2 lakh shares of Asian Paints. | Photo Credit: Dado Ruvic Reliance Industries has sold 85 lakh shares of Asian Paints in a block deal at ₹2,207 apiece for a…
Jaguar Land Rover lowers EBIT margin for FY26, Tata Motors shares fall
FILE PHOTO: Jaguar and Land Rover, the British vehicle-brand logos of Indian-owned Tata Motors, are displayed in front of their showroom | Photo Credit: PRIYANSHU SINGH British luxury carmaker Jaguar Land Rover (JLR) has lowered its FY26 Earnings Before Interest…
Broker’s call: Jubilant Ingrevia (Hold)
Target: ₹713 CMP: ₹793.15 Jubilant Ingrevia is one of the leading players in India supplying chemical intermediates to agrochemical innovators for almost 3 decades. The company is now transitioning to become a CDMO player and has already signed 2 contracts…
Rayzon Solar to file draft papers for ₹1,500-cr IPO
Solar panel manufacturer Rayzon Solar Ltd is planning to file draft papers with markets regulator SEBI by the end of the month, as it prepares for a ₹1,500-crore initial public offering (IPO), people familiar with the plan said on Friday….
NSE/BSE, Top Gainers & Top Losers Today 13 Jun 2025: Tech Mahindra, TCS, Adani Ports, Maruti
Tech Mahindra, TCS, Maruti Suzuki, and Sun Pharma gain as broader markets falter amid geopolitical tensions. Shares of Tech Mahindra Ltd., Tata Consultancy Services Ltd. (TCS), Maruti Suzuki India Ltd., and Sun Pharmaceutical Industries Ltd. were the only gainers in…
Gold soars, crude spikes, rupee dips, stocks fall as West Asia tensions tighten
The Sensex and Nifty posted weekly losses of 1.1-1.3 per cent. | Photo Credit: iStockphoto Gold prices rose to record highs, crude spiked, rupee fell below 86 to the dollar and Indian government securities firmed up as escalating tensions between…
Broker’s Call: Repco Homes (Buy)
Target: ₹560 CMP: ₹423.80 We interacted with Repco Home Finance’s management to understand the drivers of loan growth acceleration, factors which will influence portfolio spread/NIM and actions taken to consistently reduce the overdue portfolio and NPLs. The management was quite…
Top movers today June 13: Sensex, Nifty 50 off day’s low, banking, financial & metal stocks drag, ONGC lead gainers, Adani Ports, Adani Enterprises, Adani Enterprisesdeclines
Equity benchmark indices traded lower on Friday’s mid trading session amid geopolitical concerns in Middle East and a sharp spike in Brent crude oil prices. Sensex tanked 656.65 pts or 0.80 per cent to 81,035.33 as at 1.30 pm after hitting…
National Securities Depository to likely launch ₹3,400 crore IPO in July
NSDL’s shares in the unlisted market have surged around 50 per cent to around ₹1,200 over in the past two months | Photo Credit: cueapi The country’s largest depository, National Securities Depository (NSDL), is gearing up to launch its initial…
Investors jostling for India exposure rev up block trades, IPOs
India saw $6.4 billion raised through share sales in May, the highest monthly total since December 2024 India’s market for share sales is warming up after several dull months, as companies and shareholders cash in on a buoyant stock market….
BSE shares fall as NSE puts it under additional surveillance list
Stocks added to the ASM list are subjected to enhanced scrutiny and trading restriction. Shares of BSE dipped 4.4 per cent to end at ₹2,872 after the stock was placed under the additional surveillance measure (ASM) framework by NSE, triggering…
NSDL is said to plan $400 million IPO for July
National Securities Depository Ltd is pressing ahead with its plan for an initial public offering that is expected to raise about $400 million, according to people familiar with the matter. The proposed listing of India’s oldest depository, which was initially…
SEBI allows clearing houses to move currency core SGF to equity derivatives
SEBI authorises transfer of core SGF from currency to equity derivatives | Photo Credit: FRANCIS MASCARENHAS After a significant drop in exchange traded currency trading volumes, the Securities and Exchange Board of India (SEBI) has authorised clearing corporations to carry…
JP Power leads NSE activity amid high trading volumes
JP Power emerged as one of the most active stocks on the National Stock Exchange on June 10, 2025, with significant trading activity driving investor attention. The stock were trading at ₹17.97, registering a gain of ₹0.24 or 1.35 per…
Wakefit converts to public limited company in its run up to 2025 IPO
Ahead of its IPO debut, mattress and home solutions brand Wakefit. co has converted its name from “Wakefit Innovations Private Limited ” to “Wakefit Innovations Limited,” according to a Registrar of Companies (RoC) filing from Tofler. The Bengaluru-based startup had…
MCX shares hit record high after SEBI’s approval to introduce electricity derivatives
Shares of Multi Commodity Exchange of India Ltd (MCX) zoomed 7 per cent to hit a 52-week high on Monday. The share price movement follows SEBI’s approval to the commodity exchange on Friday to launch electricity derivatives. According to the…
IndusInd Bank shares climb 2.5% as RBI says lender doing well now
RBI governor made it clear that the RBI will not shy away from taking any action against IndusInd Bank and the law will take its own course if there are any criminalities in the matter. | Photo Credit: ANUSHREE FADNAVIS…
Dealing with the deluge of thematic/sectoral funds
Mutual funds mobilised over ₹1 lakh crore through new offerings. Thematic and sectoral funds have recently gained popularity among both investors and fund houses. In FY25 alone, 52 such active schemes were launched — the highest number in any financial…
Movers & Shakers: Stocks That Will See Action This Week
Aditya Birla Fashion and Retail (₹77.79) Tests a crucial base The stock of Aditya Birla Fashion and Retail got hammered and it lost a little over 16 per cent over the past three weeks. However, there are important supports ahead,…
G-Secs see volatile yield movement after MPC cuts repo rate and changes stance
Government bonds written in a note. Trading concept. | Photo Credit: designer491 The initial cheer about the larger-than-expected 50 basis points repo rate cut gave way to disappointment in the Government Securities (G-Secs) market on Friday, as the RBI’s rate-setting…
Bajaj Finserv block deal: SBI MF, Goldman Sachs, others buy 1.8% stake for ₹5,506 cr
Shares of Bajaj Finserv rose 2.30% to close at ₹1,988.70 apiece on the NSE. | Photo Credit: iStockphoto SBI MF, Morgan Stanley and Goldman Sachs, among others, on Friday cumulatively bought a 1.8 per cent stake in Bajaj Finserv for…
Top movers today June 6: Sensex, Nifty 50 soar on RBI’s bumper rate cut, Shriram Finance, Bajaj Finance lead gains, HDFC Bank shares hit 52-week high
Benchmark indices recovered after RBI announced a repo rate cut by 50 bps to prop up growth. Market experts believe that RBI’s ‘jumbo’ rate cut and 100 bps cut in CRR is a great relief to the markets. According to Devarsh…
NCDEX may sit out weekly expiry race
NCDEX decides to opt out of the current contest for expiry days. The National Commodity & Derivatives Exchange Ltd (NCDEX) does not plan to apply for a weekly expiry day under SEBI’s recent directive requiring exchanges to choose between Tuesday…
Sensex surges 665 points as pharma and retail stocks drive midday rally
Markets extended their morning gains during afternoon trading on Thursday, with the Sensex climbing 665.50 points or 0.82 per cent to 81,663.75 and the Nifty advancing 208.10 points or 0.85 per cent to 24,828.30. The benchmark indices maintained their upward…
Flipkart exits Aditya Birla Fashion, Carlyle exits Indegene
Flipkart Investments exited its entire 6 per cent stake in Aditya Birla Fashion & Retail Over ₹3,500 crore worth of block deals were transacted on the exchanges on Wednesday, with investors in two of the companies exiting their investments. Ecommerce…
Top movers today June 4: Sensex jumps over 250 pts, Eternal, Bharti Airtel, IndusInd, Tata Motors lead gainers, SPARC & ABFRL slump
Equity benchmark indices trade in the consolidation phase amid mixed global cues and foreign fund outflows. Market experts believe that the investor sentiment is cautious but optimistic with global developments and upcoming RBI policy decisions influencing market movement. After a…
Emkay launches SMID Cap Growth Fund, targets ₹1,000 cr AUM by FY26
Focused on small- and mid-cap equities, the Emkay SMID Cap Growth Engine Fund aims to deliver long-term capital appreciation Emkay Investment Managers, the asset management arm of Emkay Global Financial Services, on Tuesday announced the launch of the ‘Emkay SMID…
Top gainers & losers today June 3: Sensex tanks nearly 800 pts, banking & IT stocks drag, Adani group stocks in red, Yes Bank, Ola Electric tumble
Trade uncertainties, FPI outflows and selling pressure in financial and IT stocks continue to pull the market movement downward. Sensex tanked 740.51 pts or 0.91 per cent to 80,633.24, hitting a low of 80,575.09, and Nifty 50 fell 188.10 pts…
Niva Bupa slumps 10% as True North cuts stake
According to block deal data on the BSE, Fettle Tone sold 8.14 crore shares at an average price of ₹82.76 and 9.15 crore shares at ₹82.11 while Ramachandran offloaded at ₹82.30 a share Domestic PE firm True North’s Fettle Tone…
IFCI shares decline for second consecutive day after 5-day rally
IFCI shares fell for the second straight trading session on Monday, retreating from a remarkable five-day rally that had pushed the stock price from ₹50 to ₹74.50. The state-owned non-banking financial company’s shares opened flat at ₹67.65 and traded in…
Infibeam Avenues (Buy) – The Hindu BusinessLine
Infibeam Avenues gross revenue stood at ₹1,160.50 crore, Target: ₹24.4 CMP: ₹21.66 Infibeam Avenues gross revenue stood at ₹1,160.50 crore, up 62 per cent y-o-y (+8.4 per cent q-o-q), above our estimates (+4.2 per cent). EBIT came in at ₹59.90…
May records highest FPI inflows of 2025 at ₹19,860 crore despite Friday selloff
Foreign investment in Indian markets reached a record high in May 2025, with net foreign portfolio investment (FPI) inflows standing at ₹19,860 crore, making it the best-performing month so far this year in terms of foreign investment, according to data…
Movers & Shakers: Stocks That Will See Action This Week
Container Corporation of India (₹783) Bulls gaining traction The stock of CONCOR (Container Corporation of India) has been on a recovery ever since hitting a 52-week low of ₹601.65 on March 3. A couple of weeks ago, it surpassed a…
Nykaa reports 27% growth in gross merchandise value, net profit surges 110% in Q4
Net profit grew 81% to ₹72 crore in FY25 | Photo Credit: Balaji W S 463@Chennai FSN E-Commerce Ventures (Nykaa) reported strong fourth-quarter results with gross merchandise value (GMV) rising 27 per cent year-on-year to ₹4,102 crore for the quarter ended…
IRCTC (Hold) – The Hindu BusinessLine
IRCTC reported subdued performance with revenue growing 4 per cent q-o-q and 10 per cent y-o-y Target: ₹836 CMP: ₹755.85 IRCTC reported subdued performance with revenue growing 4 per cent q-o-q and 10 per cent y-o-y, primarily due to seasonal…
NSE, BSE Top gainers & losers today May 30: Sensex, Nifty 50 trade lower, metal, auto & IT stocks drag, Suzlon, Bajaj Auto, Lumax Auto, Ola, ICRA, Landmark Cars, SJVN react to Q4 numbers
Equity indices edged lower dragged by metal, auto and IT stocks, heightened selling pressure and volatility. Sensex traded 255.89 pts or 0.31 per cent lower at 81,377.13 as at 12.29 pm, and Nifty 50 was down 79.85 pts or 0.32 per…
SEBI tightens risk monitoring of equity derivatives in second phase of F&O reforms
SEBI has set out a phased timeline for the eight measures by December 6 | Photo Credit: ANI The Securities and Exchange Board of India (SEBI) has issued a slew of measures to strengthen risk monitoring of equity derivatives, including…
NSE, BSE Top gainers & losers today May 29: Sensex, Nifty 50 trim early gains; Trent, Wipro, IndusInd lead gains, Welspun Corp, Cummins India, IRCTC, Gensol, Bajaj Auto shares in focus
The volatility index dropped 8% to 16.58 The equity indices erased early gains despite positive global cues, outweighed by block deals and increased selling pressure in the primary market. Sensex declined by 160.10 pts or 0.20 per cent to 81,152.22…
SEBI bans IndusInd Bank ex-CEO, 4 others from trading in securities market
In an interim ex-parte order, the Securities and Exchange Board of India (SEBI) has barred former chief executive officer of IndusInd Bank Sumant Kathpalia, and four others from accessing the securities market on alleged insider trading in the bank’s shares….
Sensex, Nifty drift lower in range-bound trade; BEL, HDFC Life among top gainers
Market breadth remained positive, with over 2,000 stocks advancing on the BSE. BEL, HDFC Life, and Bajaj Finance led the gainers on the Nifty 50, while Nestle India, Bajaj Auto, and ITC topped the losers’ list. | Photo Credit: iStockphoto…
BAT to offload 2.3% stake in ITC via block deal, aims to raise £200 million
Following this transaction, BAT’s stake in ITC will reduce from 25.4% to 23.1%. | Photo Credit: Rupak De Chowdhuri/Reuters UK-based cigarette major British American Tobacco (BAT) on Tuesday announced that its wholly-owned subsidiary Tobacco Manufacturers (India) intends to sell 2.3…
NSE, BSE Top gainers & losers today May 27: D-Street bleeds as Sensex, Nifty 50 extend losses, IndusInd & Trent lead gainers, BDL, Bayer CropScience, Zen Tech, GRSE, ITI, Protean eGov shares in action
Equity benchmark indices staged volatility on Tuesday’s trade as the mood of investors was mixed amid global cues and many believed to have engaged in profit booking. After reclaiming 82,000 level intraday, Sensex ended losses and slumped 705.31 pts or…
Sagility India promoter plans to sell up to 15% stake
The OFS will open for non-retail investors on May 27 and for retail and non-retail investors on May 28, Sagility India Sagility BV, the promoter of Sagility India Ltd, plans to sell up to 15.02 per cent stake through an…
Markets surge in early trade; Sensex jumps 562 points
Businessman use tablet and smart phone for Stock Market istock photo for BL | Photo Credit: Orientfootage Benchmark indices Sensex and Nifty surged in early trade on Monday following news that India has become the fourth largest economy in the…
Blue Water Logistics fixes IPO price band at ₹132-135 per share; issue to open on Tuesday
Multimodal transport operator Blue Water Logistics on Saturday said it has fixed a price band at ₹132–135 per share for its ₹40.5-crore initial public offering, which will hit the capital markets on May 27. The initial share sale will conclude…
Mcap of 6 of top-10 most valued firms erodes by ₹78,166 cr; Reliance biggest laggard
The combined market valuation of six of the top-10 most valued firms eroded by ₹78,166.08 crore last week, with Reliance Industries taking the biggest hit, in line with weak trends in equities. Last week, the BSE benchmark dropped 609.51 points…
Movers & Shakers: Stocks That Will See Action This Week
DLF (₹776) Trend turns positive DLF’s stock, after consolidating in the ₹620-700 range for nearly two months, saw a breakout of the upper end of the range last week. It has been rallying over the past two weeks, showing a…
Wall St falls as Trump tariff threats spark market uncertainty
FILE PHOTO: A man walks past a Wall Street marking outside the New York Stock Exchange (NYSE) building in New York City, USA | Photo Credit: Shannon Stapleton US stocks fell on Friday, notching a weekly loss, after President Donald…
Expiry day war brews between NSE, BSE
Mumbai: A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai, Monday, May 12, 2025. Stock market benchmark indices Sensex and Nifty rebounded sharply by 3 per cent on Monday after India and Pakistan announced reaching a bilateral…
Markets stage sharp recovery, normal monsoons, low inflation and tax cuts to boost demand: PL Capital
According to PL Capital, sectors to benefit include auto, hotels, airlines, consumer durables/electronics, QSR, apparel, footwear, building materials, household goods, paints, and AMCs Stock market has staged a sharp recovery, delivering a return of 10 per cent on the Nifty…
Sensex rejig: Trent, BEL to replace Nestle, IndusInd in June
In a broader reshuffle, BSE also announced changes in other indices as well | Photo Credit: iStockphoto Asia Index, the benchmarks and market intelligence arm of BSE, on Thursday said that Tata group-owned Trent and state-owned Bharat Electronics will replace…
GMM Pfaudler reports mixed Q4 results amid manufacturing restructuring
GMM Pfaudler reported quarterly revenue of ₹807 crore for Q4FY25, up 9 per cent year-on-year, while full-year revenue declined 7 per cent to ₹3,199 crore. The company’s EBITDA margin for the quarter stood at 11.5 per cent, with annual EBITDA…
SEBI widens Jane Street probe to other FPIs
The investigation is at a preliminary stage and may see issuance of show cause notices to all the FPIs involved The Securities and Exchange Board of India (SEBI) is expanding its probe into suspicious derivatives trades by global trading firm…
Nippon India MF launches NFO on BSE Sensex Next 30 Index Fund
Nippon India Mutual Fund has launched a new fund offer (NFO) on BSE Sensex Next 30 Index Fund. The passive fund will mirror the BSE Sensex Next 30 Index. The NFO opens for subscription on Wednesday. The BSE Sensex Next…
BSE’s Asia Index unveils quarterly factor indices in smart beta push
The indices have a base value of 1000 with a first value date of June 20, 2005 | Photo Credit: NIHARIKA KULKARNI Asia Index Private Ltd, a wholly owned subsidiary of BSE, launched four new factor-based indices with quarterly reconstitution…
Markets open mixed as Fed rate cut uncertainty persists; metal stocks lead gains
Benchmark indices opened flat on Tuesday, with the Sensex trading at 82,049.88, down 9.54 points (0.01 per cent), and the Nifty at 24,932.25, down 13.20 points (0.05 per cent) as of 9.35 am. The cautious trading follows Monday’s session where…
SEBI tightens internal audit norms for market infrastructure institutions
SEBI on Monday tightened and standardised the norms on the internal audit mechanism at market infrastructure institutions (MIIs) “to further strengthen the governance mechanism at MIIs.” The regulator has barred the managing directors from being part of audit committees, but…
Delhivery Share price zooms nearly 15% post Q4 results
Delhivery shares zoomed nearly 15 per cent following 5.8 per cent increase in consolidated profit after tax for the quarter ended March 2025 at ₹72.5 crore. The company recorded a loss of ₹68.5 crore in the corresponding quarter last year….
Short Take: BSE F&O Contract Adjustments
BSE (₹7,285*) has announced a bonus with a ratio of 2:1. So, the adjustment factor will be 3. The split will lead to necessary adjustments in the futures and options (F&O) contracts on this stock on the record date. The…
Mcap: 9 of top 10 firms jumps ₹3.35 lakh crore; Reliance biggest winner
FILE PHOTO: Reliance Industries | Photo Credit: SHAILESH ANDRADE Nine of the top 10 valued firms added ₹3.35 lakh crore in their market valuation last week in tandem with a positive trend in equities, led by Reliance Industries. HDFC Bank,…
SEBI disposes of over 4,200 complaints in April via SCORES
With the upgraded SCORES 2.0 framework, complaints are automatically forwarded to entities that have 21 days to respond. | Photo Credit: REUTERS/Francis Mascarenhas Capital markets regulator SEBI disposed of 4,239 complaints through the grievance redressal mechanism SCORES platform in April….
Borana Weaves to raise ₹145 crore via IPO
Borana Weaves shares will be listed on the BSE and NSE Borana Weaves, leading producer of unbleached synthetic grey fabric, plans to raise ₹145 crore through initial public offering, which opens on Tuesday while the anchor bidding will open on…
India valuations ‘expensive again’: Jefferies
Tthe outlook for domestic and foreign flows remains a key positive with India’s position still neutral to underweight for many funds A rebound in the indices from their March lows have made Indian valuations “expensive again,” while earnings growth expectations…
BLS International reports record financial performance in FY25
BLS International Services Limited announced its highest-ever financial performance for the fiscal year ending March 31, 2025, with revenue reaching ₹2,193.3 crores, a 30.8 per cent year-over-year increase. The shares of BLS International Services Limited were trading at ₹389.90 down…
Sundaram Finance accepts bids for 3-year bonds, bankers say
Sundaram Finance has accepted bids worth ₹1,200 crore ($140.17 million) for bonds maturing in three years, three merchant bankers said on Thursday. The company will offer a yield of 7.1584% on the issue and had invited bids from bankers and…
SEBI bans Varyaa Creations from market; restrains banker Inventure from new assignments in alleged IPO funds siphoning
SEBI found that the lead manager had transferred ₹14 crore, forming nearly 70 per cent of the issue proceeds, to Kaveri Corporation, Maruti Corporation, and Overseas Metal and Alloys Pvt — which have not been disclosed in the prospectus |…
Markets rebound on US-China trade truce, cooling inflation
Markets opened positively today as the Sensex rose 270.10 points or 0.33 per cent to 81,418.32 after opening at 81,278.49, compared to the previous close of 81,148.22. The Nifty climbed 88.80 points or 0.36 per cent to 24,667.15, up from…
Defence stocks surge as Modi highlights ‘Made in India’ military success
In his address to the nation on Monday on Operation Sindoor, Modi highlighted the performance of indigenous defence systems | Photo Credit: PRASHANT NAKWE Defence stocks witnessed a significant rally on Tuesday, defying the broader market weakness, after Prime Minister…
Markets open lower as investors lock in gains after Monday’s rally
Benchmark indices opened lower on Tuesday, pulling back from their stellar gains of the previous day as investors moved to book profits. The Sensex fell 687.44 points or 0.83 per cent to 81,742.46 after opening at 82,249.60, compared to the…
Broker’s call: Aurobindo Pharma (Buy)
Target: ₹1,360 CMP: ₹1,206 Aurobindo Pharma (ARBP) is actively investing across multiple high-potential segments to drive sustained growth over the next 3-5 years. The company’s Penicillin G (PEN-G) project is scaling up meaningfully, effectively curbing operational losses, and is expected to…
Markets surge on India-Pakistan thaw and US-China trade progress
Markets opened with strong gains on Monday as a surprise diplomatic breakthrough between India and Pakistan and progress in US-China trade talks boosted investor sentiment across global markets. The Sensex jumped 1,945.05 points or 2.45 per cent to 81,399.52 after…
F&O Tracker: Support zones tested as bulls take a breather
Nifty 50 (24,008) and Nifty Bank (53,595) depreciated over the last week and posted a loss of 1.4 per cent and 2.8 per cent respectively. Below is an analysis of the derivatives data of both indices and trade recommendations based…
F&O Strategy: Buy DLF Put Option
The stock of DLF (₹631.70) finds immediate support at ₹612 and ₹557. A close below the latter will change the outlook negative and trigger a sharp fall in the stock. On the other hand, resistance levels are ₹686 and ₹760. A recovery above ₹686 will negate the…
Broker’s call: Bharat Forge (Buy)
Target: ₹1,114 CMP: ₹1,116.05 Bharat Forge Q4-FY25 results in-line to our while there was an operational miss to street estimates by 5-6 per cent. Weak revenues at ₹2,160 crore (-7 per cent y-o-y) was offset by better gross margins at…
Time to consider dividend yield funds
For investors who are looking for a passive income with low risk, dividend yield funds are suitable ideally Stock markets have been volatile in recent times due to India-Pakistan geopolitical tension and global economic uncertainty fuelled by US tariff war….
SEBI to allow IAs, RAs fulfill deposit requirement via liquid fund units
As per SEBI regulations, investment advisors and research analysts are required to maintain a deposit of a sum as specified by SEBI from time to time by June-end | Photo Credit: FRANCIS MASCARENHAS Capital market regulator SEBI plans to allow…
Amid Operation Sindoor, Nifty to see a gap down opening of 200 points, signals Gift trading
Domestic markets are likely to open sharply lower with the volatility index surging above the 21 mark. As Operation Sindoor continues, analysts expect the market to remain on edge. Gift Nifty at 23,990 signals a gap down opening of about…
Broker’s call: Coal India (Buy)
The company declared a final dividend of ₹5.15 per share, with a total dividend payout of ₹26.5 per share in FY25 | Photo Credit: – Target: ₹480 CMP: ₹385.20 Coal India has delivered a decent performance in Q4-FY25 after a…
Watch out for these stocks: KFin Tech, Nexus Select, Nazara Technologies, Lupin, Tata Elxsi
KFin Technologies will remain in focus on Thursday on market buzz that private equity firm General Atlantic is likely to pare its stake in the financial services firm by approximately 6 per cent of the company’s total outstanding shares through…
Market rebounds after early volatility, Tata Motors leads gainers
Tata Motors led the gainers, rallying 5.18%, followed by gains in Jio Financial, Bajaj Finance, and Shriram Finance. In contrast, Asian Paints, Sun Pharma, and ITC saw losses. Sector-wise, auto and capital market indices led, while FMCG, pharma, and defence…
Gift Nifty indicates Operation Sindoor will have little impact on market
Gift Nifty at 24,370 indicates no impact of Operation Sindoor, as it rebounded from day’s low. Nifty futures on Tuesday closed at 24,431, signalling a gap down opening of about 50 points for Nifty, which is in line with Asian…
Ather Energy has a tepid market debut
Ashish Kumar Chauhan, MD and CEO, NSE presenting the memento to Tarun Mehta, Executive Director & Chief Executive Officer, Ather Energy Ltd and Swapnil Jain, Executive Director & Chief Technical Officer, Ather Energy Ltd, during the listing ceremony of Ather…
Watch out for these stocks: Paras Defence, RIL, ONGC, Manappuram Finance, Glenmark, Iron, Senores Pharma, Cyient, BMW Industries, Fortis Healthcare
Paras Defence & Space Technologies has signed a Memorandum of Understanding (MoU) with Israel-based HevenDrones Ltd to explore opportunities in the defence and civil drone markets. As part of the agreement, both companies intend to establish a Joint Venture (JV) in…
CAMS net profit up 10% in Q4 at ₹114.02 crore
Equity AUM crossed ₹25 lakh crore, maintaining strong inflows despite market volatility Computer Age Management Services Ltd (CAMS) on Monday reported a 10 per cent increase in its consolidated net profit at ₹114.02 crore for the fourth quarter ended March…
Flat opening seen for Nifty, Sensex amid mixed results
Domestic markets are likely to open on a flattish tone on Monday, amid mixed results during the weekend. Gift Nifty is ruling at 24,405 against Nifty futures close of 24,400 on Friday. State Bank of India, Kotak Mahindra Bank and…
Big 6 audit firms cover two-thirds of Nifty 500 audits in FY25
The audit fee paid out by companies, listed on NSE on a standalone basis, was ₹1,903 crore in FY24, an increase of 9.24 per cent from the previous financial year. Two out of every three audits of Nifty 500 companies…
From Alberta to Omaha: Greg Abel prepares to lead Berkshire Hathaway
Berkshire Vice Chairman Greg Abel speaks with shareholders during the Berkshire Hathaway Inc. annual shareholders’ meeting, in Omaha, Nebraska, U.S., May 2, 2025. | Photo Credit: REUTERS/Brendan McDermid When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway…
Tech Query: Hindustan Aeronautics, Asian Paints, Bata India, IRB Infrastructure Developers: What is the outlook and where are these stocks headed?
I have shares of Hindustan Aeronautics bought last year at ₹5,476. Should I hold the shares or sell them? Ravi Kant K Hindustan Aeronautics (₹4,494): The downtrend that was in place since July last year seems to have ended. The…
How to prevent Gensol-like saga happening again
NSE’s recent measures are steps in the right direction
NITCO secures ₹111 crore deal from Prestige Group; shares rise 0.47%
NITCO Ltd secures ₹111 crore order from Prestige Group, reinforcing position as top supplier in real estate industry. NITCO Ltd has announced securing orders worth ₹111 crore from Prestige Group for tiles and marble supply, exceeding the initially projected ₹104…
Watch out these stocks: IndusInd Bank, automobile companies, Zomato IDFC First Bank, Dixon Tech, Gland Pharma, HPCL, Diamond Power, NCC, RateGain Travel
Private sector lender IndusInd Bank may tap Axis Bank deputy MD Rajiv Anand for the MD, CEO role at the lender, after former CEO Sumant Kathpalia resigned from his post taking moral responsibility for the discrepancies found in the lender’s…
Wilmar stake-sale boosts profits of Adani Enterprises for FY25; declares dividend
Riding on Adani Wilmar’s stake-sale, the flagship entity of Adani Group, Adani Enterprises, on Thursday reported a consolidated Profit After Tax (PAT) of ₹7,112 crore for financial year 2024-25, a growth of almost 120 per cent over the previous year….
Broker’s call: Blue Jet Healthcare (Buy)
Motilal Oswal Target: ₹865 CMP: ₹711.75 With its niche product offerings in Contrast Media and Pharmaceutical Intermediaries & API, Blue Jet Healthcare has been changing the way the healthcare industry caters to the therapeutic needs of patients around the globe….
Ather Energy IPO subscribed 1.43 times
The subscription was dominated by the employee-reserved portion, which witnessed a 5.43 times subscription, while the quota for retail investors was subscribed 1.78 times | Photo Credit: REUTERS EV maker Ather Energy has closed bidding for its IPO with an…
Markets eye flat open amid low participation ahead of May Day
Options data points to resistance at 24,500 and support at 24,000, while a rising India VIX suggests potential for volatility. | Photo Credit: Gift Nifty 24,450 signals another flat opening for Indian markets. Global markets are in positive territory with…
Ather energy IPO sees 28% subscription on Day 2
Ather Energy’s IPO price band is ₹304-321 which can be applied for a minimum of 46 equity shares and its multiples thereafter. Two wheeler EV maker Ather Energy’s initial public offering (IPO) saw an overall subscription of 28 per cent…
Watch these stocks: Tata Tech, IndusInd Bank, Tata Motors, Aurobindo Pharma, Gensol Engineering, Sonata Software, Wipro, Medanta, Dr Reddy’s Lab, Embassy REIT, Landmark Cars, CG Power, Zinema
The board of Tata Motors on Monday will meet on May 2 to consider a proposal to raise up to Rs 500 crore through the issue of securities on a private placement basis. The board will consider and approve the issuance of…
Ather Energy IPO subscribed 16% on Day 1
Ather Energy’s IPO price band is between ₹304-321 Two wheeler EV maker Ather Energy’s initial public offering (IPO) saw an overall subscription of 16 per cent on its first day. The subscription was dominated by employee reserved and retail investor…
Watch these stocks: M&M, SML Isuzu, TVS Motor, TVS Holdings, IREDA, Reliance Industries, NTPC Green Energy, Aurobindo Pharma, Zydus Life, Alembic, Biocon, PTC India, JSW Steel, GAIL India, Concord
Mahindra & Mahindra Ltd has entered into an agreement to acquire 58.96% stake in SML Isuzu Ltd at Rs 650 per share, which is an outlay of Rs 555 crore. In addition, M&M will make an open offer in accordance…
CPSE stocks give IPO investors massive returns in 8 years; Mazagon Dock tops list with 3,700%
Besides, Mazagon Dock Shipbuilders, Rail Vikas Nigam Ltd (RVNL), Garden Reach Shipbuilders and Engineers Ltd and Indian Railways Catering and Tourism Corporation (IRCTC) provided over 1,000% returns to IPO investors As many as 15 out of 18 public sector companies…
Movers & Shakers: Stocks that will see action this week
Bharti Airtel (₹1,815.60) Set to rally to ₹2,000 The stock of Bharti Airtel touched a record high of ₹1,904.20 last Monday. But then, the price moderated and the scrip closed at ₹1,815.60 last week. Nevertheless, the outlook remains bullish, and…
Motilal Oswal reports loss in Q4, first quarterly loss in 5 years
The company net loss was on account of a fall in fair value changes Broking firm Motilal Oswal Financial Services (MOFSL) has recorded a net loss of ₹63.19 crore during the fourth quarter of FY25 against a profit of ₹724.60…
Ather Energy raises ₹1,340 crore from anchor investors
Ather Energy on Friday raised ₹1,340 crore from anchor investors, which included several marquee names. The board of Ather Energy, in consultation with the book running lead managers — Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited,…
Broker’s call: Supreme Industrie (Hold)
Target: ₹3,527 CMP: ₹3,475.70 The Q4-FY25 revenue (₹3,030 crore) of Supreme Industries (SIL) grew by 1 per ceet y-o-y, due to just a 2 per cent y-o-y volume growth (like the y-o-y rise in Q2/Q3-FY25) and a 2 per cent…
Stock Market Live Updates 25 April 2025: Stock to buy today: Divi’s Laboratories (₹6,215.55) – BUY
Sensex, Nifty Live updates on 25 April 2025: The short-term outlook is bullish for Divi’s Laboratories. The price action since December indicates a flag pattern formation. This is a bullish continuation pattern. The 5 per cent surge on Thursday confirms…
NSE/BSE, Top Gainers & Top Losers Today 24 Apr 2025: IndusInd Bank, Ultratech Cement, Tata Motors, HUL
Shares of IndusInd Bank Ltd, Ultratech Cement Ltd, Tata Motors Ltd, Sun Pharmaceutical Industries Ltd, and Titan Company Ltd emerged as the top gainers on Thursday. Meanwhile, Hindustan Unilever Ltd (HUL), M&M Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, and…
Stocks notch back-to-back gains as dollar climbs
Signs Donald Trump is rethinking the most-aggressive elements of his combative stances on trade and the Federal Reserve spurred back-to-back gains in stocks and the dollar, while soothing volatility across asset classes. The S&P 500 rose 1.7%, though it pared…
IT surge drives markets higher for seventh consecutive session
Broader markets continued their upward momentum with the Nifty Midcap 100 index climbing 1.18% to 55,041.10, while the Nifty Smallcap 100 advanced by 0.44% Equity benchmarks extended their winning streak for the seventh straight session on Wednesday, with the IT…
Share Market Live Updates 23 April 2025: Stock to buy today: KIMS (₹683.40) – BUY
https://play.google.com/store/apps/details?id=com.intelegain.rb Recent Interview… As of 18:32 PM Tuesday 22 April 2025 BHEL: Ravi Kumar, Former Chairman Tariff War Clouding Demand Outlook? Govt To Do The Heavy-Lifting On Capex? K Ravi Kumar CRISIL: Anuj Sethi, Senior Director India Tractor Market: Outlook…
Stock Market Live Updates 22 April 2025: Stock to buy today: KFin Technologies (₹1,200.55) – BUY
tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 22 April 2025 07:15 | April 22, 2025 Stock market live updates…
Broker’s call: Tata Elxsi (Reduce)
Target: ₹4,250 CMP: ₹5,344.45 Tata Elxsi has reported a muted Q4FY25 print with revenue contraction of 5.3 per cent q-o-q CC, roughly in line with our estimate (of -5.9 per cent) and falling below consensus. Transportation vertical downturn was sharp,…
Sensex Nifty Today, Stock Market LIVE Updates: Stock to buy today: Can Fin Homes (₹711.70) – BUY
Stock market graph and office work. Depicts TradingView financial market chart. istock photo for BL | Photo Credit: PRIMEIMAGES tock Market Today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE,…
NIIT to acquire remaining shares of IFBI, make it wholly owned arm
NIIT Ltd board has approved the purchase of an additional 19.50 lakh equity shares of NIIT Institute of Finance Banking and Insurance Training Ltd (IFBI) to fully acquire the subsidiary, according to an exchange filing. NIIT holds 80.72 per cent…
India’s domestic fundamentals remain strong amid global headwinds: Axis Securities CIO
As we step into FY26, global jitters like the Trump tariff threat clash with domestic optimism—especially after the RBI’s dovish pivot. How do you assess the broader macro environment for Indian investors, and is the rate cut the start of…
HDFC, ICICI & Yes Bank Q4 Results Highlights: Yes Bank profit up 63% y-o-y, HDFC Bank’s profit up 6.7%, ICICI profit grew 18%
ank Q4 Results Today, HDFC Bank, ICICI Bank & Yes Bank Q4 results live updates April 19, 2025: Find all the latest updates related to the FY25 Q4 results of HDFC Bank, Yes Bank, ICICI Bank, and few more companies…
SRF, Shree Cement, Apollo Hospitals, SBI Cards And Payment: Top midcap stocks newly added by active equity mutual funds in March
Amid volatility, active equity fund managers increased exposure to select midcap stocks. This move highlighted a long-term strategy, leveraging the correction in valuations to enter at attractive levels relative to historical norms. Fund managers focused on good quality midcap companies…
After Wipro, Infosys gets target price cuts post weak Q4 earnings
Infosys Ltd. | Photo Credit: Hollie Adams After Wipro, brokerages have slashed target prices for Infosys amid topline miss and global uncertainties. Infosys on Thursday reported an 11.7 per cent decline in Q4 consolidated net profit to ₹7,033 crore. The…
L&T Finance launches business loan campaign with cricketer Jasprit Bumrah
The new marketing initiative highlights key features of LTF’s business loans L&T Finance Ltd. (LTF) unveiled a new television commercial for its business loan product featuring Indian cricket star Jasprit Bumrah. The campaign, titled “Aapke Business Ka Game Changer,” aims…
Broker’s call: Tata Motors (Buy)
Tata Motors’ share price correction due to US tariffs, but strong financial turnaround keeps long-term prospects intact | Photo Credit: DANISH SIDDIQUI Target: ₹800 CMP: ₹621.50 Tata Motor’s share price has corrected nealry 27 per cent in the last 3…
Kairosoft disputes SEBI, BSE’s legislation for imposing GSM Stage 4 in Delhi HC
The Delhi High Court on Wednesday heard Kairosoft AI Solutions’ appeal against the Securities and Exchange Board of India (SEBI) and BSE over their decision to impose graded surveillance measure (GSM) Stage 4 on the company’s shares. Senior Advocate Kapil…
Poonawalla Fincorp expands into gold loan segment, plans 400 new branches
The company plans to open 400 new branches across Tier-2 and Tier-3 cities over the next four quarters | Photo Credit: Getty Images The shares of Poonawala Fincorp ended today at ₹384.05 up by ₹1.80 or 0.47 per cent on…
SEBI halts Gensol Engineering’s stock split, bars promoters from market
In an interim order, the capital markets regulator has directed the solar power consultancy firm to put its recently announced stock split on hold | Photo Credit: Reuters The Securities and Exchange Board of India (SEBI) has restrained Gensol Engineering…
Broker’s call: Tata Steel (Buy)
Target: ₹150 CMP: ₹136.45 Tata Steel Nederland (TSN) has announced a major transformation programme to enhance competitiveness in the backdrop of tightening steel spreads in Europe. The steel spot spreads in Europe are under stress due to elevated energy and…
International-focused ETFs trade at premium over NAV on growing demand
The premium effectively reduces potential gains and exposes investors to heightened downside risk if ETF prices fall. | Photo Credit: Artystarty The prices of international-focused exchange traded funds are trading at premium over indicative NAV as investors rush to average…
Indian markets shut today for local holiday; trading to resume April 15
India’s stock, currency, and bond markets will remain closed on Monday, April 14, for a local holiday, resuming trading on Tuesday. | Photo Credit: iStockphoto India’s equity, currency and debt markets will be closed on Monday, April 14, for a…
Tech Query: What Is The Outlook For Samvardhana Motherson International, Arrow Greentech, Wockhardt, Jubilant Foodworks?
Can I buy Samvardhana Motherson International now for long-term? What is the outlook? Sophia, Kochi Samvardhana Motherson International (₹118.10): The stock is in a downtrend since October last year. The downtrend is still intact. There is room for further fall…
Five of top 10 valued firms add ₹84,559 crore in valuation last week; HUL major gainer
The combined market valuation of five of the top-10 valued firms surged, with Hindustan Unilever emerging as the biggest winner. | Photo Credit: iStockphoto The combined market valuation of five of the top-10 valued firms surged ₹84,559.01 crore in a…
Ten days, $5 trillion lost: The cost of a trade war unleashed
The pain, said Shuntaro Takeuchi, was 10 out of 10. Not in the portfolio of Japanese stocks he runs out of San Francisco, California, but in his appendix. It would have to come out, just as his colleagues at Matthews…
Broker’s call: Aadhar Housing (Buy)
Source: Company website | Photo Credit: BL companies Target: ₹550 CMP: ₹462.90 Established in 2010, Aadhar Housing Finance is the largest player in affordable housing space with AUM of ₹23,975 crore. Diversification in terms of business mix, customer base and…
Broker’s call: Info Edge (Buy)
Target: ₹7,800 CMP: ₹6,544.75 Info Edge in its pre-results business update mentioned that standalone billings grew 19 per cent y-o-y in Q4-FY25, ahead of JMFe of 18 per cent, on the back of better-than-expected billings in all reporting segments. Recruitment…
Ola Electric launches Roadster X Series with first units from Futurefactory
Ola Electric, India’s largest pure-play EV company, began production of its first Roadster X motorcycle at its Futurefactory in Krishnagiri, Tamil Nadu, today. The company announced that deliveries will commence across India later this month. The shares of Ola Electric…
Wall Street ends sharply lower as tariff risks send investors fleeing
| Photo Credit: Brendan McDermid Wall Street stocks tumbled on Thursday on mounting worries over the economic impact of U.S. President Donald Trump’s multi-front tariff war. All three major U.S. stock indexes suffered steep losses, forfeiting much of the previous…
NSE Holidays, Stock market holiday 2025: Indian markets closed for Mahavir Jayanti
Bombay Stock Exchange (BSE) Equity, currency and debt markets will be closed today, April 10, on account of Shri Mahavir Jayanti. Trading will take place on Friday, April 11, 2025. However, a long weekend is ahead as the market will…
US stocks post historic gains as Trump announces 90-day tariff pause
Richard Cohen works on the floor at the New York Stock Exchange in New York, Wednesday, April 9, 2025. Wall Street delivered one of its best performances in decades after US President Donald Trump paused most of his tariffs for…
Ather Energy plans reduced IPO amid market volatility
Founded in 2013, Ather competes with other players in the electric scooter market, including Ola Electric Mobility, which has seen a significant decline since its IPO. Ather Energy Pvt is considering cutting the size of its initial public offering by…
S&P 500 plunges below 5,000 amid tariff fears, posts steepest 4-day loss since 1950s
Indices fall: Dow 0.84%, S&P 500 1.57%, Nasdaq 2.15%. The S&P is now down over 12% since the tariff announcement and sits just shy of bear market territory. | Photo Credit: ANDREW KELLY/Reuters The S&P 500 sold off sharply on…
Jio Finance launches digital loan against securities product
Jio Finance Ltd has unveiled a new digital Loan Against Securities product that allows customers to secure loans of up to ₹1 crore with interest rates starting at 9.99%. Jio Finance Ltd (JFL), the NBFC arm of Jio Financial Services…
FPIs hedge fresh risks amid tariff tensions, DIIs offer muted support
Foreign portfolio investors (FPIs) are trimming their exposure to Indian equities in a “risk-off” move, spurred by rising global trade tensions and tariff concerns. Domestic institutional investors, however, appear to be cautiously buying the dip. Although there is no panic…
Trade tensions trigger global carnage: Sensex crashes 2,200 pts in market bloodbath
Markets crash as US-China trade tensions escalate, Sensex drops 2,226.79 points, Nifty 50 tumbles 742.85 points. | Photo Credit: iStockphoto Markets crashed on Monday, with the Sensex plummeting 2,226.79 points (2.95 per cent) to close at 73,137.90 and Nifty 50…
Movers & Shakers: Stocks That Will See Action This Week
Gujarat Ambuja Exports (₹116.50) Signs of trend reversal Since mid-February, the stock of Gujarat Ambuja Exports has been charting a sideways trend. It was oscillating between ₹100 and ₹110. Prior to this, it saw a considerable downtrend which started from ₹208…
Mcap of nine of top-10 most valued firms slumps by ₹2.9 lakh cr; TCS, RIL hit hard
Businessman use tablet and smart phone for Stock Market istock photo for BL | Photo Credit: Orientfootage The combined market valuation of nine of the top-10 most valued firms eroded by ₹2,94,170.16 crore in the holiday-shortened last week, with Tata…
Index Outlook: Don’t Panic, Sensex & Nifty 50 Have Supports To Limit The Downside
Nifty 50 and Sensex fell sharply about 2.6 per cent each last week. However, the Nifty Bank index managed to stay afloat, and range-bound for the second consecutive week. The index was down marginally by 0.12 per cent. All sectoral…
$40 billion stock selloff: Hedge Funds, ETFs flee amid tariff shock
Hedge funds and leveraged ETFs dumped over $40 billion in stocks after President Trump’s unexpected tariff escalation, triggering one of the biggest bearish turns since 2011. Global hedge funds and levered exchange-traded funds (ETFs) dumped more than $40 billion of…
Broker’s call: Aditya Birla Fashion (Add)
Target: ₹280 CMP: ₹258.40 Aditya Birla Fashion & Retail (ABFRL’s) ‘investor day’ highlighted focus on profitable organic growth with no further acquisitions and need for capital raise. New entity Aditya Birla Lifestyle Brands Ltd (ABLBL) is expected to deliver…
Afcons secures environmental clearance for Raghavpur Dam project in MP
The project awarded by the Narmada Valley Development Authority includes construction of a dam with a 25 MW powerhouse and an advanced piped irrigation system. The Madhya Pradesh State Environment Impact Assessment Authority has granted environmental clearance for the Raghavpur…
Wall Street crashes: Dow plunges 1,679 points, Nasdaq tanks 6% as Trump’s tariffs roil markets
A screen displays financial news as traders work on the floor at the New York Stock Exchange in New York, Thursday, April 3, 2025. The S&P 500 fell 4.8%, with the Dow Jones down 1,679 points and the Nasdaq losing…
MAN Industries joins Qatar Energy LNG’s approved vendor list
MAN Industries approved as vendor for Qatar Energy LNG, solidifying position as supplier of line pipes in energy sector. | Photo Credit: REUTERS MAN Industries (India) Limited, a leading manufacturer of steel pipes and anticorrosion coating solutions, has been included…
Broker’s call: Hindalco (Sell) – The Hindu BusinessLine
Target: ₹600 CMP: ₹661.25 We attended Hindalco’s Investor Day 2025. The management outlined its expansion roadmap, with capex plans of ₹45,000 crore for its India business and $5 billion for Novelis over coming 5 years. Hindalco targets doubling its upstream…
PHINIA teams up with LTIMindtree for IT transformation
PHINIA Inc., a global provider of premium fuel systems, electrical systems, and aftermarket solutions, has entered into a partnership with LTIMindtree to transform its IT infrastructure and enhance application services, according to a press release issued today. The shares of…
Retail investors turn net sellers in March in equities
Retail flows in direct equities have turned negative in the month of March, with several investors choosing to book profits or cut their losses after five straight months of market fall. Investors have sold shares worth nearly ₹10,000 crore during…
Broker’s call: Paytm (Buy) – The Hindu BusinessLine
Target: ₹1,010 CMP: ₹801.10 With One 97 Communications (Paytm) working its way up post the disruption last year, we anticipate three potential regulatory triggers over the coming fiscal year – MDR (merchant discount rate) on higher ticket/larger merchants’ UPI payments;…
Prozeal Green Energy file DRHP to SEBI for ₹700 cr IPO
Ahmedabad-based Prozeal Green Energy Ltd, the fourth largest solar EPC company in India in terms of revenue from operations, has filed a Draft Red Herring Prospectus with SEBI to raise ₹700 crore through an initial public offering (IPO). The issue…
Stock Market Holiday for Eid-ul-Fitr 2025: NSE & BSE closed today
Indian stock market is closed today March 31, 2025, on account of Id-Ul-Fitr (Ramadan Eid). Trading across equity, derivatives, securities lending and borrowings (SLB), currency and interest rate derivates segments will remain closed. Bources will remain closed for a total of…