Urban Company IPO Day 1 Live Updates Today: IPO open for subscription, check issue price, subscription, gmp, listing date, Booked 66% so far with strong retail subscription
Source: Company website | Photo Credit: BL companies rban Company IPO Live Today, IPO GMP Subscription Live Updates Today Sep 10, 2025: Urban Company’s Initial Public Offering (IPO) opens for public subscription today with a total issue size of ₹1,900…
SEBI clears two IPOs with a total size of ₹790 cr
Prozeal Green Energy plans to mop-up Rs ₹700 crore while Neilsoft will raise Rs ₹90 crore via fresh equity issuance and dilute 80 lakh shares of existing investors under ‘offer for sale’ | Photo Credit: Ildo Frazao Capital markets regulator…
Infosys shares gain 4%, board to consider buyback on Sept 11
Shares of Infosys Ltd surged over 4 per cent on Tuesday after the IT major announced board meeting on September 11, 2025, to consider the buyback issue. On approval, this will be the company’s first buyback of shares since 2022….
Infosys board to consider share buyback proposal on September 11
In that offer, the company bought back 6.04 crore shares for ₹9,300 crore. The highest price at which the shares were bought back was ₹1,623.90 while the lowest price was ₹1,468.10, it said in post-buyback disclosure The board of IT…
Hyundai, Tata Motors, M&M Stocks & Share Price Live: Tata Motors & Mahindra lead gainers of Nifty 50, Hyundai trades flat
CHENNAI, TAMIL NADU, 21/03/2025 : Export line-up : Sedan model electric SUV cars made at Hyundai Motor India’s plant near Chennai lined up at the Chennai port for shipment on Thursday. Photo: B. Jothi Ramalingam / The Hindu | Photo…
PhysicsWallah files updated draft papers with SEBI; eyes ₹3,820 cr via IPO
Both promoters, Alakh Pandey and Prateek Boob, will each offload shares worth ₹360 crore through the OFS. Edtech unicorn PhysicsWallah has filed updated draft papers with markets regulator SEBI to raise ₹3,820 crore through an initial public offering (IPO) for…
Broker’s call: SJS Enterprises (Buy)
Target: ₹1,573 CMP: ₹1,402.65 During Q1-FY26, SJS Enterprises reported 11.2/13.8/22.6 per cent y-o-y increase in Revenue/EBITDA/PAT to ₹209.7 crore/₹55.9 crore/₹34.6 crore, respectively. During Q1-FY26, the company witnessed 22.8 per cent y-o-y growth in the automotive business compared to 1.2 per…
Maruti Suzuki shares in focus as GST cuts boost small car prospects
Maruti Suzuki India Limited shares closed 1.64 per cent higher at ₹14,895 on Friday, September 5, driven by expectations of increased demand following the government’s GST rationalisation measures and the launch of its new SUV, Victoris. The stock gained ₹233…
Broker’s call: Karur Vysya Bank (Buy)
Target: ₹270 CMP: ₹206.20 Emkay Global Research team met Karur Vysya Bank’s MD and CEO B Ramesh Babu, to seek the outlook on credit growth and, most importantly, on impact of US tariffs on the SME sector. Key takeaways: KVB…
IT stocks tumble on tariff fears as markets end flat after volatile session
Markets closed nearly flat on Friday after a highly volatile trading session, with benchmark indices rebounding from early losses as auto stocks surged on GST reforms while information technology shares plunged on tariff concerns and weak global cues. The Sensex…
Stock Market Live Updates 5 September 2025: Stock to buy today: Fortis Healthcare
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 5 September 2025. September 5, 2025 06:41 Technicals: Copper futures shows positive…
Broker’s call: Samhi Hotels (Buy)
Target: ₹305 CMP: ₹217.60 We initiate coverage on Samhi Hotels with a Buy rating and expect it to be the key beneficiary of industry upcycle. We believe Samhi has promising growth prospects based on following factors: Presence in key metro…
Why these 8 stocks are likely to remain in focus today
From fresh contracts for BHEL, Krystal and RailTel to Swiggy’s fee hike, Polymed’s overseas acquisition and GST notice to Prestige Estates, these eight stocks could see action as corporate developments drive investor attention. Krystal Integrated Services Ltd (KISL) on Wednesday…
Taurian MPS to raise ₹43 cr via IPO
Taurian MPS, an engineering and manufacturing company with a focus on the construction and mining sectors, plans to raise ₹43 crore through initial public offering on NSE Emerge. The company will issue 24.87 lakh equity shares in a price band…
Stock Market Live Updates 3rd September 2025
Business candle stick graph chart of stock market investment trading on blue background. Bullish point, up trend of graph. Economy vector design. istock photo for BL | Photo Credit: ABC Vector tock Market today | Share Market Live Updates –…
Syrma SGS forms strategic alliance with Italian electronics giant Elemaster
The joint venture represents part of India’s broader “Make in India” manufacturing initiative | Photo Credit: iStockphoto Syrma SGS Technology Ltd has entered a joint venture agreement with Italian electronics manufacturer Elemaster S.p.A to establish a high-reliability electronics manufacturing platform…
Stock Market Live Updates 2nd September 2025: Stock to buy today: Zydus Lifesciences
Investment Background, Recession Global Market, Crisis, Inflation, Deflation, Digital Data Financial Investment and Trading Trends, Financial Diagram with Graph Stock Numbers, 3d rendering | Photo Credit: KanawatTH tock Market today | Share Market Live Updates – Find here all the…
Stock Market Live Updates 1st September 2025: Stock to buy today: Dalmia Bharat (₹2,402)
Percentage sign on top of coin stacks before blue financial graph. Horizontal composition with copy space. Business and finance concept. istock photo for BL | Photo Credit: MicroStockHub tock Market today | Share Market Live Updates – Find here all…
FPIs withdraw ₹35,000 crore in August, biggest sell-off in 6 months
Foreign investors pulled out ₹34,993 crore (around $4 billion) from Indian equity markets in August, making it the sharpest sell-off in six months, weighed down by US tariffs on Indian exports and pricey domestic valuations. The withdrawal was nearly double…
F&O Query: Analysis Of HPCL Futures
Shall I buy HPCL futures at the current price? What can be the target and stop-loss? – Palani Shanmugam HPCL (₹375.90): The stock has been in a steady decline since early July. It fell off the resistance at ₹450. Currently at ₹376, it is…
India IPO market sees 43 issues raise ₹17,252 cr in August; SME segment leads
India’s IPO market witnessed one of its busiest months in August 2025, as 43 companies raised ₹17,252 crore across the mainboard and SME exchanges despite global trade wars and geopolitical uncertainties. I | Photo Credit: Notwithstanding the trade war with…
Broker’s call: Eureka Forbes (Buy)
Target: ₹715 CMP: ₹565.60 FY25 was a stellar year for Eureka Forbes (EFL), visible from step-up in product business sales growth (+17 per cent ) with significant acceleration in electric water purifier sales (+18.1 per cent ), service business starting…
Waaree Energies maintains top solar module supplier position in India
Waaree Energies Ltd retained its position as India’s leading solar module supplier with a 14 per cent market share in the first half of fiscal year 2025, according to JMK Research & Analytics Q2 2025 Solar Report released today. The…
Stock Market Live Updates 29th Aug 2025: Stock to buy today: Poly Medicure (₹2,102.85)
Businessman trading online stock market on teblet screen, digital investment concept | Photo Credit: nespix tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian…
Markets plunge on Trump’s 50% tariff hit; Sensex sheds 706 points
Markets witnessed a sharp decline on Thursday as investors grappled with the impact of the United States imposing an additional 25 per cent tariff on Indian exports, taking the total levy to 50 per cent, which significantly dampened market sentiment…
Stock Market Live Updates 25th Aug 2025: Stock to buy today: Craftsman Automation (₹7,197.50) – 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 28 Aug 2025 August 28, 2025 06:39 Stock market live updates today:…
Indian markets jittery as US tariffs on exports rise to 50%; textiles, gems hit
On Tuesday, the Sensex fell 849 points and the Nifty lost 256 points, dragged by FII selling of ₹6,516 crore, though DIIs countered with purchases worth ₹7,060 crore. Stock market investors may remain jittery in the near term as the…
IndiGo co-founder Rakesh Gangwal plans to sell 12.1 million shares in the airline
IndiGo co-founder Rakesh Gangwal plans to sell upto 12.1 million shares in the airline in block deals. The stake sale which amounts to around 3.1 per equity of the airline could fetch Gangwal ₹7,027 crore as per the offer price…
Markets crash as US tariffs loom; Sensex falls 849 points, Nifty below 24,750
Eicher Motors, HUL, and Maruti Suzuki bucked the trend, while Shriram Finance, Sun Pharma, and Tata Steel led the laggards. Markets witnessed a sharp selloff on Tuesday, with benchmark indices closing significantly lower as the US prepared to impose steep…
Promoter stakes slip to two-decade low as retail, MFs tighten grip on India Inc
In sharp contrast, domestic mutual funds climbed to a fresh record share of 10.6 per cent in NSE-listed companies, and 13 per cent in the Nifty 50 The balance of power in India’s equity markets continues to tilt toward domestic…
Broker’s call: HDB Financial (Neutral)
| Photo Credit: Dado Ruvic Target: ₹860 CMP: ₹800.10 HDB Financial Services (HDB) is the seventh-largest diversified, retail-focused NBFC in India with an AUM of ₹1.1 lakh crore as of Jun’25. The company delivered about 20 per cent AUM CAGR…
Broker’s call: Samvardhana Motherson (Buy)
Target: ₹118 CMP: ₹95.17 Samvardhana Motherson International (SAMIL) is all set for another year of outperformance on the back of revenue diversification aimed at accelerating incremental growth from high volumes markets like India, Mexico, Japan and China (about 35 per…
Markets end six-day rally as US tariff threat looms, Fed Chair’s Jackson Hole speech awaited
Markets snapped their six-session winning streak on Friday, with the Sensex plunging 693.86 points or 0.85 per cent to close at 81,306.85, while the Nifty 50 declined 213.65 points or 0.85 per cent to 24,870.10. The sharp selloff came as…
Mirae Asset Investment Managers to sharpen focus on Chennai
Varun Goel, Senior Fund Manager, Mirae Asset Investment Managers (India) | Photo Credit: Special Arrangement Mirae Asset Investment Managers, a mutual fund AMC, on Friday said that the Chennai market’s MF Assets under Management (AUM) have grown from ₹2.8 lakh…
SEBI proposes raising minimum order size for block deals
Block deals are large transactions executed through a single trade to avoid market disruption. The draft circular has sought public comments until September 15 The Securities and Exchange Board of India (SEBI) has proposed a review of the block deal…
SEBI proposes revised closing auction session to set final stock prices
Under the revised plan, the closing auction is expected to be a 20-minute session from 3.15 to 3.35 pm, instead of the originally proposed 3.30 to 3.45 pm The Securities and Exchange Board of India (SEBI) has proposed a revised…
WestBridge Capital buys 15% stake in Edelweiss MF for ₹450 cr
WestBridge Capital, a $7-billion global investment firm with primary focus in India and the US, has acquired 15 per cent stake in Edelweiss Asset Management for ₹450 crore. The deal provides WestBridge a strategic entry into a high-growth MF business…
SEBI plans more steps to cool F&O markets, mulls longer-tenure equity derivatives
SEBI Chairman Tuhin Kanta Pandey at the 22nd Annual Capital Markets Conference, organised by FICCI, in Mumbai on Thursday | Photo Credit: ANI The Securities and Exchange Board of India (SEBI) is exploring measures such as extending the tenure and…
Broker’s call: Finolex Cables (Buy)
Target: ₹1,031 CMP: ₹851.35 Finolex Cables delivered a steady 13.4 per cent y-o-y Q1 revenue growth led by electrical volumes up 16 per cent y-o-y, though margins were pressured by a weaker mix with higher project sales and subdued agri-wire…
Cube Highways InvIT raises ₹820 crore through NCD issue
ICRA Ltd and India Ratings C Research Private Ltd have assigned a rating of AAA/Stable to the Debt Securities Cube Highways Trust (Cube InvIT), managed by Cube Highways Fund Advisors Pvt Ltd, has raised ₹820 crore through a bond issue….
Stock markets log gains for fifth day; Sensex climbs 213 points led by IT shares
Benchmark BSE Sensex closed higher by 213 points on Wednesday, extending its rally to the fifth consecutive day on heavy buying in IT and FMCG shares. The 30-share BSE Sensex climbed 213.45 points or 0.26 per cent to settle at…
Share India Securities to invest ₹28 crore in NCDEX
According to Share India Securities, the investment does not fall within the ambit of related party transaction and none of the promoter/promoter group/group companies have any interest in the above entity The board of Share India Securities (SIS) on Tuesday…
Broker’s call: JSW Cement (Neutral)
Target: ₹163 CMP: ₹156.55 Leveraging JSW Group’s presence in steel manufacturing, JSW Cement (JSWC) is the largest supplier of Ground Granulated Blast Furnace Slag (GGBS) in India with about 84 per cent market share in FY25. The product is manufactured…
SEBI proposes to realign weights in Bank Nifty, BSE Bankex indices
The regulator, through a circular issued earlier in May, had capped the maximum weight of the top constituent at 20 per cent and the combined weight of the top three at 45 per cent | Photo Credit: FRANCIS MASCARENHAS The…
JSW Cement shares back from 52-week low, trades 2.70% higher on Monday
JSW Cement shares recovered sharply on Monday, trading at ₹150.01 as of 2.40 pm, up 2.7 per cent from the previous close of ₹146.07. The stock reached its 52-week low of ₹143.95 in early trading, before staging a recovery. The…
Mumbai-based education entity files DRHP for first equity IPO at GIFT IFSC in Gujarat
XED Executive Development Ltd offers executive education programmes targeting senior working professionals | Photo Credit: Ildo Frazao The process of direct listing of equities has begun in GIFT IFSC, with Mumbai-based “global executive education” provider XED Executive Development Ltd filing the first Draft…
JSW Cement shares debut at 4% premium despite strong IPO subscription
Mr. Sajjan Jindal, Chairman of JSW Group, and Mr. Parth Jindal, Managing Director of JSW Cement Ltd., at the bell-ringing ceremony of JSW Cement held at NSE, marking the successful IPO listing of the company on the Indian bourses JSW…
Genesys International Q1FY26: PAT up 32%, revenue ₹72.14 crore, shares close at ₹589
Chairman and Managing Director Sajid Malik attributed the growth to strong execution of urban digital twin projects and rising demand for automotive mapping solutions. The shares of Genesys International Corporation Limited traded on the NSE today at the closing bell…
A trader’s guide to the Alaska talks between Trump and Putin
US President Donald Trump and Russia’s President Vladimir Putin | Photo Credit: JORGE SILVA Traders are dusting off their geopolitical playbooks ahead of Friday’s meeting between Donald Trump and Vladimir Putin, looking for any signs as to how the outcome…
Gold and silver surge as safe-haven bets; equities lag amid global uncertainty
Gold prices on MCX surged 53% to ₹1,00,389 per 10 grams, while silver rose 41% to ₹1,13,342 per kg. In contrast, Sensex and Nifty gained only around 2%, and broader indices like BSE-500 and Nifty-500 saw marginal movements. | Photo…
Nifty 50 gains 12 points, Sensex up 58 amid S&P sovereign rating upgrade
Broader markets underperformed, with the Nifty Midcap 100 and SmallCap indices closing lower. Sectoral performance was mixed, with financials outperforming while metals and oil & gas lagged. | Photo Credit: Benchmark indices snapped their six-week losing streak on Thursday, with…
Mufin Green Finance reports 41% jump in Q1 profit, raises ₹27 crore via debentures
Mufin Green Finance Limited reported a standalone net profit of ₹410.55 lakh for the quarter ended June 30, 2025, marking a 41 per cent increase from ₹262.08 lakh in the same period last year. The company’s total income rose to…
Mangal Electrical Industries’ ₹400-cr IPO to open on Aug 20
Transformer components manufacturer Mangal Electrical Industries on Thursday fixed a price band of ₹533 to ₹561 per share for its upcoming ₹400 crore Initial Public Offering (IPO). The IPO — entirely a fresh issue of shares — will open for…
Sensex gains 304 points, Nifty above 24,600 as CPI hits 8-year low
Indian markets closed higher on Wednesday, with the Sensex gaining 304 points to 80,539.91 and the Nifty adding 132 points to 24,619.35, buoyed by retail inflation falling to an eight-year low of 1.55% in July—well below the RBI’s target range. …
SEBI plans template-based IPO filings, regulatory clean-up in FY26
SEBI plans to allow a broader set of strategies under SIFs, which bridge the gap between mutual funds and portfolio management services | Photo Credit: HEMANSHI KAMANI SEBI plans to overhaul key market regulations, including simplifying draft offer documents, easing…
Elever secures $1.1 million pre-series A funding, eyes ₹1,000 crore AUM target
SEBI-registered portfolio management services (PMS) firm Elever has raised $1.1 million in a pre-series A funding round, bringing its total funding to $4 million. The Bengaluru-based company targets reaching ₹1,000 crore in assets under management within two years. The round…
Broker’s call: VA Tech Wabag (Buy)
Target: ₹1,950 CMP: ₹1,510.65 VA Tech Wabag is a leading Indian multinational focused exclusively on water technology, delivering solutions in municipal and industrial water treatment, including desalination, wastewater treatment, and water reuse. FY25 marked a milestone year for VA…
Markets stage sharp recovery after Trump tariff announcement triggers initial selloff
Markets witnessed a dramatic turnaround on Thursday, August 7, with benchmark indices recovering from deep intraday losses to close marginally higher despite President Donald Trump’s announcement of additional 25 per cent tariffs on Indian goods. The Sensex closed 79.27 points…
Prestige Estates Projects, Anand Rathi, Epack Prefab, SSF Plastics and Gujarat Kidney and Super Speciality get SEBI nod to launch IPOs
Five companies given go-ahead for IPO. Market regulator Securities and Exchange Board of India (SEBI) on Wednesday cleared initial public offerings (IPOs) of four more companies. Prestige Hospitality Ventures, an arm of realty firm Prestige Estates Projects, Anand Rathi Share…
Pidilite Industries announces 1:1 bonus issue, special dividend as Q1 revenue grows 10.6%
Money interest rate increase concept, percentage commission credit. Grow up stock risk management. Bank policy price raise. Businessman with coin, calculate high percentage of company profit dividend istock photo for BL | Photo Credit: M.photostock Pidilite Industries Limited reported a…
Broker’s call: Advanced Enzyme (Buy)
Target: ₹440 CMP: ₹321.20 Advanced Enzyme Technologies (ADVENZY) started FY26 on a good note wherein Q1-FY26 operating performance (Revenue/EBITDA up about 11/24 per cent q-o-q) has shown signs of improvement as indicated by the management earlier. Top-line growth was largely…
Raymond Realty revenue drops 23% to ₹374 crore in first quarter as standalone entity
Raymond Realty Ltd reported a 23 per cent year-on-year decline in revenue to ₹374 crore for the first quarter of FY26, marking its first quarterly results since listing as a separate entity on July 1, 2025, following its demerger from…
SEBI proposes threshold-based framework for related party transactions
SEBI has suggested a simplified set of disclosures to be submitted to the audit committee The Securities and Exchange Board of India (SEBI) on Monday proposed relaxations for related-party transactions (RPTs), including disclosure norms and a turnover-based framework to determine…
Markets rally over half percent despite global headwinds as RBI policy looms
Markets closed firmly higher on Monday, with the Nifty 50 gaining 157.40 points or 0.64 per cent to settle at 24,722.75, while the Sensex advanced 418.81 points or 0.52 per cent to close at 81,018.72, shrugging off weak global cues…
Movers & Shakers: Stocks That Will See Action This Week
Bharti Hexacom (₹1,843.65) Bulls gain strength The stock of Bharti Hexacom, which gained 3.7 per cent last week, surpassed a resistance at ₹1,830. Notably, it bounced off the support at ₹1,730 last week. Overall, the price action shows that the bulls…
F&O Strategy: Buy NTPC Call Option
The outlook for the stock of NTPC (₹330.90) is neutral. Immediate support levels are at ₹311 and ₹287. A close below the latter will change the outlook negative. Nearest resistance levels are at ₹344 and ₹363. A close above the latter will change the outlook…
F&O Tracker: Fresh shorts arrive in index futures
Nifty 50 (24,565) was down 1.1 per cent and Nifty Bank (55,618) lost 1.6 per cent last week. The futures and options (F&O) data show a bearish bias. Here is an analysis: Nifty 50 Nifty futures (Aug) (24,627) dropped 1.3…
NSE pays ₹40.35 crore to settle data-leak case with SEBI
The National Stock Exchange (NSE) has agreed to pay ₹40.35 crore to settle charges of indirectly sharing sensitive, unpublished information with external parties with SEBI. The settlement, by neither “admitting nor denying the findings of facts and conclusions of law,”…
Wall Street slumps as Trump tariffs and weak jobs report spark selloff
U.S. stocks plunged on Friday, with the S&P 500 logging its biggest daily drop since May after President Trump imposed new tariffs on major trade partners and a weak July jobs report raised concerns over economic momentum. | Photo Credit:…
Broker’s call: Sun Pharma (Outperform)
| Photo Credit: FRANCIS MASCARENHAS/Reuters Target: ₹1,978 CMP: ₹1,629.05 Sun Pharmaceuticals’ Q1-FY26 recurring PAT missed BBG consensus/BNPPEe by 6/2 per cent owing to higher taxes, while EBITDA beat 12/10 per cent on higher-than-expected gross margin and lower-than-expected operating expenses. US…
SEBI proposes cutting retail quota in large IPOs, expands anchor investor norms
SEBI also proposes expanding the anchor investor framework by increasing the number of anchor allottees for issues above ₹250 crore, enabling wider foreign fund participation. | Photo Credit: HEMANSHI KAMANI/Reuters The Securities and Exchange Board of India (SEBI) proposed changes…
Netweb Technologies Q1 FY26 revenue doubles to ₹301 cr; AI segment grows 300%
Sanjay Lodha, Chairman and Managing Director of Netweb Technologies Netweb Technologies India Limited reported operating income of ₹301.2 crore for the first quarter of FY26, marking a 101.7 per cent year-on-year growth over the same period last year. The high-end…
Broker’s call: NTPC (Buy) – The Hindu BusinessLine
| Photo Credit: Anindito Mukherjee/Bloomberg Target: ₹400 CMP: ₹338.90 NTPC’s PAT stood at ₹6,108 crore, up 11 per cent y-o-y but down 23 per cent q-o-q, beating our and consensus estimates by 13 per cent. PAT adjusted for regulatory deferral…
Sensex, Nifty end slightly higher in volatile trade; L&T lifts sentiment, rupee hits 4-month low
Markets closed marginally higher on Wednesday following a volatile session marked by monthly F&O expiry and investor caution ahead of the U.S. Federal Reserve’s policy decision. The Sensex gained 143.91 points or 0.18 per cent to settle at 81,481.86, while…
NSE awaits SEBI nod for offer to settle two cases
NSE has offered a record amount of nearly ₹1,400 crore to settle legal matters | Photo Credit: FRANCIS MASCARENHAS National Stock Exchange of India Ltd. is awaiting a response from the country’s market regulator on its offer to settle long…
Adani Green Energy posts 42% jump in energy sales, stock gains 0.88%
Adani Green Energy Ltd reported a 42 per cent year-on-year increase in energy sales to 10,479 million units for Q1 FY26, with revenue rising 31 per cent to ₹3,312 crores. The stock traded at ₹1,012.70 on Tuesday, up 0.88 per…
Jane Street seeks extension from Sebi to respond to interim order
In its order Sebi barred it from trading in the securities market but subsequently lifted the ban after the trading firm deposited ₹4843.5 crore as directed by the regulator US-based trading firm Jane Street has sought an extension from the…
Top gainers & losers 28th July 2025: Sensex, Nifty extend losing streak, Kotak Mahindra leads the fall
Equity benchmark indices continued to trade lower in the mid-trading session on Monday. Kotak Mahindra Bank dragged the banking and financial stocks. Tech-heavy IT stocks dipped as investors reacted to concerns over workforce cuts at TCS. Apart from these sector-specific…
Wall Street faces defining week: Fed, tech, tariffs, jobs in focus
Wall Street is entering a decisive week with a packed calendar including the Fed’s interest rate decision, earnings from Big Tech giants like Amazon and Apple, key economic indicators like GDP and payroll data, and a looming Aug. 1 tariff…
Q1 earnings, US Fed interest rate decision to steer market this week: Analysts
Businessman use tablet and smart phone for Stock Market istock photo for BL | Photo Credit: Orientfootage Stock markets are in for an event-heavy week ahead with a raft of Q1 earnings from blue-chips, the US Fed interest rate decision…
NSDL IPO opens on July 30 at ₹760-₹800 price band
(From left) Sameer Patil, Chief Business Officer; Jigar Shah, Chief Financial Officer; Vijay Chandok, Managing Director & Chief Executive Officer; Prashant Vagal, Chief Operating Officer; and Kothandaraman Prabhakaran, Chief Technology Officer, National Securities Depository Ltd at a conference Ahead of the…
SaaS unicorn Amagi Media Labs files DRHP with SEBI
Amagi Media Labs Limited, a software-as-a-service (SaaS) company, has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO). According to the DRHP, the proposed IPO combines a fresh…
GNG Electronics IPO subscribed 148 times; Indiqube offer gets over 12.4 times
Indiqube Spaces proposes to utilise the fresh capital of ₹462.6 crore towards funding capital expenditure for setting up new centres, ₹93 crore for repayment, and the remainder for general corporate purposes The initial public offerings of GNG Electronics and Indiqube…
Off-market deals in unlisted firms: NSDL order may be a double-edged sword
The move appears to be aimed at ensuring transparency in unlisted companies and that transactions comply with the AoA and the Companies Act | Photo Credit: cueapi National Securities Depository Ltd (NSDL) last month issued an important circular that could…
IT sector rout drags markets lower despite strong manufacturing data
Markets witnessed sharp profit-booking on Thursday, with benchmark indices reversing early gains to close significantly lower as disappointing quarterly earnings from IT majors triggered a sector-wide selloff that overshadowed positive manufacturing PMI data and global cues. The Sensex plunged…
Sensex dragged down by blue-chip stocks, foreign fund outflows
Equity markets fell on Thursday, with the benchmark Sensex tumbling 542.47 points, amid profit-taking in blue-chip stocks and foreign fund outflows. Despite a positive start, the 30-share BSE Sensex failed to carry forward the momentum and fell later in the…
How is quote trade crypto impacted by gas fees?
quote trade crypto impacted by gas fees The impact of gas fees on quote trade crypto transactions is a significant factor that can influence the overall cost, speed, and profitability of trading activities. Gas fees are transaction costs required to…
Invesco exits Oberoi Realty, Lodha Developers via block deals
Blocks deals worth $371 million were seen in the stocks of two real estate companies — Oberoi Realty and Lodha Developers. The seller in the two blocks was the same investor, Invesco Developing Markets Fund. Exchange filing showed that Invesco…
Nifty breaks above 20-day EMA on trade deal optimism, closes 0.63% higher; Sensex rises 539 points
Markets staged a strong recovery on Wednesday, with the Nifty 50 closing above its crucial 20-day exponential moving average for the first time since July 11, as optimism over global trade developments and selective sectoral strength drove buying interest across…
Broker’s call: RBL Bank (Add)
Target: ₹290 CMP: ₹255.15 RBL Bank reported Q1-FY26 PAT of ₹2 billion (annualised RoA of 0.6 per cent). Strong treasury gains (₹280 crore n vs. ₹30 crore) drove the beat while the core performance was weak. Margin declined by about…
Top gainers, losers on NSE BSE today 22nd July: Sensex, Nifty flat amid cautious trade, Eternal lead gainers
The domestic market ended nearly flat, lacking clear direction amid mixed earnings announcements and muted global cues. Investors, staging cautious stance, seemed to have opted for profit booking. After opening with a positive note, the market slipped into weakness in the…
SBI raises ₹25K cr via QIP at ₹817/share issue price
SBI’s Committee of Directors had approved ₹811.05 a equity share as the floor price for the QIP issue of fully paid-up equity shares of face value ₹1 each | Photo Credit: RUPAK DE CHOWDHURI State Bank of India (SBI) has…
Broker’s call: Coal India (Sell)
Target: ₹290 CMP: ₹386.75 Coal India Ltd (CIL) trades at cheap valuation multiples of about 5x/9x/1x FY27E fwd EV/EBITDA, P/E and EV/CE, respectively. These headline multiples make the stock look attractive, but we believe it is a Value Trap as…
IPO-bound Indiqube Spaces FY25 net loss at ₹140 cr, revenue rises 27% to ₹1,103 cr
Indiqube Spaces Ltd prepares for IPO, reports net loss of ₹139.61 crore, aims to raise ₹700 crore. | Photo Credit: istock Coworking firm Indiqube Spaces Ltd, which will soon launch an initial public offering (IPO), has posted a net loss…
Mcap of 6 of top-10 most valued firms slumps ₹94,433 cr; TCS, Reliance biggest laggards
The combined market valuation of 6 of the top-10 most valued firms declined by ₹94,433.12 crore last week, with Tata Consultancy Services and Reliance Industries taking the biggest hit, in line with a bearish trend in equities. Last week, the…
Spandana Sphoorty to raise ₹400 cr via rights issue at ₹230 per share
The issue will open on August 1, 2025, and the last date for on market renunciation of rights entitlement will be August 6, 2025 The Board of Directors of Spandana Sphoorty Financial approved a rights issue for up to ₹400 crore…
Snapdeal parent AceVector confidentially files IPO draft with SEBI
AceVector’s IPO plans mark the latest in a string of major tech-enabled firms tapping Indian capital markets. | Photo Credit: iStockphoto AceVector, parent company of e-commerce marketplace Snapdeal, has confidentially filed draft papers with markets regulator SEBI to raise funds…
SEBI opens REITs, InvITs to MF equity, debt investors
Investors can express their view on SEBI consultation paper by August 8. | Photo Credit: HEMANSHI KAMANI Capital markets regulator SEBI is planning to allow equity mutual fund schemes to diversify by investing a residual portion in other asset classes…
GNG Electronics sets IPO price band at ₹225-237/share
GNG Electronics, refurbisher of laptops and desktops, on Friday set a price band of ₹225 to ₹237 per share for its upcoming ₹460-crore initial public offering (IPO). The IPO is scheduled to open for public subscription on July 23 and…
Broker’s call: Fine Organic (Buy)
Target: ₹6,400 CMP: ₹5,420.80 Fine Organics Americas, a 100 per cent subsidiary of Fine Organic Industries, has acquired about 160 acres in South Carolina (the US) to set up a full-scale manufacturing facility. This expansion would strengthen its US presence,…
Stock markets close lower on selling in IT stocks, fresh foreign fund outflows
Equity benchmarks ended marginally lower Thursday as investors exercised caution ahead of the impending announcement of the India-US tariff outcome, with the Sensex settling 375.24 points or 0.45 per cent lower at 82,259.24 and the Nifty 50 falling 100.60 points…
Angel One’ Q1 net profit down 60% on year to ₹114.5 crore on SEBI F&O curbs
Broking firm Angel One’s net profit for the June quarter fell over 60 per cent to ₹114.5 crore from ₹292.7 crore a year ago, as its revenue took a hit from SEBI’s curbs on excessive speculation in the equity derivatives…
Top gainers & losers today 16th July: Sensex, Nifty 50 flat as earnings season, global cues keep traders on edge, PSU Banks outperform
Sensex settled with 63.57 pts or 0.08% gains at 82,634.48 while Nifty 50 inched up 16.25 pts or 0.06% to 25,212.05 Equity benchmark indices closed flat on Wednesday amid lack of fresh positive triggers, mixed global sentiments and earnings-related jitters….
Broker’s Call: Firstsource Solutions: (Reduce)
Target: ₹370 CMP: ₹360.55 Firstsource Solutions’ (FSOL) FY25 annual report provided insights into the progress made on the growth strategy encompassing the ‘One Firstsource’ framework, with focus on seven strategic levers, including organisational structure simplification and expanding multi-tower relationships with…
Sundaram Mutual CEO on US tariffs, market volatility and smart mutual fund investing
The uncertainty over US trade tariffs has turned the equity market volatile and scared away investors. Anand Radhakrishnan, MD and CEO, Sundaram Mutual, spoke to businessline on the way ahead for mutual fund investors. Excerpt: Do you expect volatility in…
Lack of short-selling distorts price discovery, says Nithin Kamath, Zerodha
Nithin Kamath, Founder and CEO, Zerodha Zerodha founder and CEO Nithin Kamath has red-flagged distortion in stock market pricing mechanism due to lack of short-selling opportunities. In an official X post, Kamath said the lack of short selling in Indian…
DMart shares down 3% after Q1 miss, faces margin pressure for target price
Shares of Avenue Supermarts (DMart) closed 1.26 per cent lower after falling 3 per cent in early trade on Monday following a flat net profit in Q1 FY26and a 80 bps lower operating margin on high competitive intensity in the…
Top gainers & losers today 11th July 2025: Sensex, Nifty 50 trade lower on IT drag, Glenmark Pharma, HUL, TCS and more in action
The domestic market tanked on Friday, dragged largely by IT underperformance tied to TCS Q1 results. Market expects indicate that with global trade uncertainties, rising oil prices, and corporate earnings dominating the landscape, the next few days could see heightened…
Sensex, Nifty down nearly 1% on disappointing numbers from TCS, US tariff concerns
The markets closed sharply lower on Friday, with the Sensex tumbling 689.81 points or 0.83 per cent to 82,500.47 and the Nifty 50 declining 205.40 points or 0.81 per cent to 25,149.85, as disappointing earnings from IT major Tata Consultancy…
Broker’s call: Tata Elxsi (Sell)
Target: ₹4,420 CMP: ₹6,067.30 Tata Elxsi (TELX) reported a disappointing print vs I-Sec’s already muted estimates. Q1-FY26 marks the fourth straight quarter of muted revenue performance. Large deal wins are taking longer to convert owing to the tough demand environment…
Jane Street India ban threatens 900% rally for BSE
Asia’s oldest stock exchange was preparing to celebrate its 150th anniversary when a storm of bad news upended the festivities. On Monday, a report revealed deepening losses in equity derivatives among India’s retail traders, fueling concerns that the Securities and…
BSE’s throttle fee hike seen pinching high-frequency traders, brokers
Exchanges enforce throttles or limits to prevent system overload and unfair advantage for ultra-fast traders | Photo Credit: FRANCIS MASCARENHAS BSE’s new throttle charges have added to the troubles of algorithmic and high-frequency traders and stock brokers alike — tightening…
Oswal Pumps reports 88 per cent revenue jump to ₹1,432.9 crore in FY25
The company’s profit after tax surged 187.3 per cent to ₹280.6 crore in FY25 Oswal Pumps Limited posted total income of ₹1,432.9 crore in FY25, marking an 88.2 per cent year-on-year increase from ₹761.2 crore in the previous fiscal year….
Broker’s call: Finolex Ind (Buy)
Target: ₹253 CMP: ₹204.90 Weaker realisations arising from volatility in PVC prices, coupled with subdued volume growth, have impacted revenue booking of Finolex’s PVC pipes and fittings business. Revenues slid to ₹1,168 crore in Q4-FY25 from ₹1,182 crore a year…
Smartworks Coworking Spaces IPO opens for public bidding, analysts give cautious thumbs-up
Gurugram-based Smartworks Coworking Spaces IPO opened for subscription on Thursday, July 10, 2025, after mobilising ₹173.64 crore from anchor investors. The company recently posted a net loss of ₹63.17 crore in the last financial year despite rise in income from…
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…