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…
Govt agrees to raise stake in Voda Idea to 49% with fresh share acquisition worth ₹37,000 cr
The government has agreed to raise stake in Vodafone Idea to 48.99 per cent with fresh acquisition of shares worth ₹36,950 crore in lieu of outstanding spectrum auction dues, the company said in a regulatory filing on Sunday. The government…
Mcap: 8 of 10 most-valued firms climb ₹88,085.89 cr; HDFC Bank biggest gainer
The combined market valuation of eight of the top-10 most-valued firms climbed ₹88,085.89 crore last week, with HDFC Bank leading the pack of gainers, in line with an optimistic trend in equities. Last week, the BSE benchmark gauge climbed 509.41…
US stocks hit by economic worries as Treasuries climb
Stocks got hammered, bonds climbed and gold hit a record high, following signs of weakness in the main engine of the US economy and worries that inflation could gain further traction amid a trade war. With just one more session…
SIS Cash Services files draft papers for IPO with SEBI
SIS Cash Services Ltd, the country’s second-largest cash logistics company by revenue, has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The IPO, with a face…
Sebi eases REITs and InvITs’ framework for fast-track follow-on offers
The Securities and Exchange Board of India (SEBI) on Friday eased the framework for undertaking fast-track follow-on offers by real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) for efficient fundraising. In order to promote ease of doing business…
NSE/BSE Top gainers, losers today: Sensex down to 77,300 level, Nifty at 23,500; ONGC, Tata Consumer, Jio Financial lead gainers
Equity benchmark indices declined to trade in the red after a flat opening due to sharp selling pressure. Sensex declined 301.76 pts or 0.39 per cent to 77,304.67 as at 12.44 pm, and Nifty 50 dropped 87.60 pts or 0.37…
FPIs turn net buyers, purchase shares over ₹21,000 cr in five sessions
Foreign portfolio investors have turned net buyers in the last five sessions, with net cash market purchases of over ₹21,000 crore. The FII long-short ratio has increased to 33 per cent which showed that there is short covering trigger in…
Bharti Airtel expands network with 2Africa Pearls cable landing in India
Bharti Airtel has successfully landed the 2Africa Pearls submarine cable in India, significantly boosting the country’s international telecommunications infrastructure. The cable, a partnership with center3 and Meta, brings over 100 terabits per second of international capacity, connecting India to Africa…
S&P 500 falls, Nasdaq sheds 2% as trade war fears rattle markets
Wall Street stocks ended sharply lower on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about long-promised U.S. tariffs on automotive imports. U.S. President Donald Trump was set to announce plans for car-industry tariffs at…
NSE/BSE Top gainers, losers today: Sensex declines 400 pts, Nifty 50 at 23,560 level, IndusInd lead gains, Tech Mahindra, NTPC, Dr Reddy’s drag
Shares of IndusInd Bank, Trent, M&M, BEL and Power Grid traded among top gainers of Nifty 50 components, while Tech Mahindra, Cipla, NTPC, Axis Bank and Dr Reddy’s Laboratories dragged. The stock market witnessed a downtrend on Wednesday, after a…
JSW Steel pips global steel cos on m-cap race, emerges most valuable
Sajjan Jindal-led JSW Steel has emerged as the most valuable company globally with its market capitalisation touching $30.5 billion on Tuesday. It was ranked higher than the global steel companies such as US-based Nucor Corp and ArcelorMittal whose market-cap was…
Surya Roshni introduces advanced BLDC fan line to transform home cooling
Surya Roshni has unveiled a new range of Brushless Direct Current (BLDC) fans, targeting energy-conscious consumers in the Indian market. The company launched four new models—Bliss Lumino, Arena Silencio, Sleek Air, and Bliss Star—designed to offer superior energy efficiency and…
SEBI eases additional disclosures for FPIs by doubling AUM thresholds
The board of Securities and Exchange Board of India, which met on Monday, has doubled the threshold assets under management (AUM) of foreign portfolio investors who need to make additional disclosures, to ₹50,000 crore. This means that only those FPIs…
Wanbury to launch new iron supplement C-RED & API Ketamine
Wanbury Limited, a pharmaceutical company listed on both the NSE and BSE, announced today it will launch two new products this month: a branded formulation called Wanbury C-RED and an active pharmaceutical ingredient (API) – Ketamine Hydrochloride. The shares of…
Broker’s call: Blue Jet Healthcare (Buy)
Target: ₹1,150 CMP: ₹906 We initiate our coverage of Blue Jet Healthcare with BUY and SOTP-based TP of ₹1,150. Blue Jet’s key strength is its simplified business model — standalone entity, lean cost structure, debt-free balance sheet, and a niche…
Tech Query: What Is The Outlook For Tata Motors, Man Infraconstructions, Data Patterns (India), Rail Vikas Nigam Ltd (RVNL)?
What is the outlook for Tata Motors? Can I buy it now? Reshma, Bengaluru Tata Motors (₹703): The sharp fall from the July 2024 high of ₹1,179 is a correction within the broad uptrend that has been in place since…
Movers & Shakers: Stocks That Will See Action This Week
HDFC Bank (₹1,769.85) Breaks out of a resistance HDFC Bank’s stock has largely been moving in a sideways trend since early February. It has been oscillating between ₹1,670 and ₹1,740. Last week, it surpassed the resistance at ₹1,740, opening the…
Goodluck India (Buy) – The Hindu BusinessLine
Target: ₹947 CMP: ₹728.85 Goodluck India Ltd is among the leading manufacturer of wide range of Engineering structures, Precision/Auto Tubes, Forging for Defence & Aerospace, CR products and GI pipes. Established in 1986, the company has transformed itself from manufacturing…
Prashanthi Balamandira Trust aims to raise ₹18 cr via social stock exchange
Karnataka-based public charitable non-profit organisation, Prashanthi Balamandira Trust public issue on the Social Stock Exchange (SSE) closes on Monday. The company aims to raise ₹18 crore through the issue that opened on March 19. The funds raised through the issue…
Aavas Financiers crosses ₹20,000 crore AUM milestone
Aavas Financiers Limited announced today it has surpassed ₹20,000 crores in Assets Under Management (AUM), marking a significant milestone for the affordable housing finance company. The shares of Aavas Financiers Limited were trading at ₹1,983.65 up by ₹3.65 or 0.18…
NSE/BSE, Top Gainers & Top Losers Today 20 mar 2025: Bharti Airtel, Titan, TCS, IndusInd Bank, Bajaj Finance
Share prices of Bharti Airtel Ltd, Titan Company Ltd., Tata Consultancy Services Ltd., Hindustan Unilever Ltd., and Infosys Ltd. emerged as the top gainers on Thursday. Among the laggards were shares of UltraTech Cement Ltd., Bajaj Finance Ltd., and IndusInd…
Adani unit completes acquisition of AI start-up Parserlabs
Adani Enterprises Limited announced today that its joint venture company Sirius Digitech has acquired the remaining 22.5 per cent stake in Parserlabs India Private Limited (PIPL), making it a wholly-owned subsidiary. The transaction, completed on March 19, was valued at…
Broker’s call: Suzlon Energy (Buy)
Target: ₹71 CMP: ₹57.78 With its highest-ever, and growing, order book of 5.9GW, Suzlon Energy remains upbeat about revival of the industry and resolution of execution challenges in the next 2-3 quarters. The company shared that the feedback on performance…
Happiest Minds Technologies announces top leadership restructuring
Happiest Minds Technologies Limited today announced significant changes to its leadership structure, effective immediately. The Bengaluru-based IT company has promoted Joseph Anantharaju to Co-Chairman and CEO from his previous role as Executive Vice Chairman and President of PDES Division. The…
Broker’s call: Venus Pipes and Tubes (Buy)
Target: ₹1,700 CMP: ₹1,298.50 Over the last five years, Venus Pipes and Tubes enhanced its cumulative capacity by 4.1x to 38,400 tonnes. Under the next leg of expansion, it is enhancing its presence in high-grade stainless steel/titanium-welded tubes, fittings and…
Valor Estate’s subsidiary acquires 10.45% stake in Schreiber Dynamix through security enforcement
Valor Estate Limited (formerly D B Realty Limited) announced today that its wholly owned subsidiary, DB View Infracon Private Limited, has acquired a 10.45 per cent equity stake in Schreiber Dynamix Dairies Private Limited. The acquisition occurred through the enforcement…
NSE/BSE, Top Gainers & Top Losers Today 17 Mar 2025: Bajaj Finserv, M&M, Axis Bank, Asian Paints, ITC
Benchmark indices closed higher on Monday, with the BSE Sensex gaining 341.04 points or 0.46 per cent to close at 74,169.95, while the NSE Nifty 50 rose 111.55 points or 0.50 per cent to 22,508.75. The market was driven by…
Swiggy Instamart reaches 100-cities, taps tier 2-3 markets with 32 new locations
Swiggy Instamart announced today its expansion to 100 cities across India, adding 32 new locations in 2025 with recent launches in Raipur, Siliguri, Jodhpur, and Thanjavur. The quick commerce platform is responding to growing demand beyond metropolitan areas, with one…
Waaree Renewable Technologies receives credit rating upgrade
Waaree Renewable Technologies Limited (WRTL) announced today that Care Ratings Limited has upgraded its credit rating for bank facilities totalling ₹1,423 crore. The company’s long-term bank facilities of ₹28.94 crore and long-term/short-term bank facilities of ₹1,394.06 crore have both been…
Market volatility persists as Sensex, Nifty close lower despite positive economic data
Equity benchmarks ended lower on Thursday as markets struggled to maintain momentum despite encouraging economic indicators. The Sensex fell 200.85 points or 0.27 per cent to close below the 74,000 level at 73,828.91, while the Nifty 50 dropped 73.30 points…
NSE/BSE, Top Gainers & Top Losers Today, 13 Mar 2025: SBI, ICICI Bank, NTPC, Bajaj Finance, Tata Motors
Equity benchmarks ended lower on Thursday as markets struggled to maintain momentum despite encouraging economic indicators. The Sensex fell 200.85 points or 0.27 per cent to close below the 74,000 level at 73,828.91, while the Nifty 50 dropped 73.30 points…
Broker’s call: ITC Hotels (Buy)
Target: ₹230 CMP: ₹166.80 Backed by a $58 billion conglomerate, ITC Hotels is India’s 2/4 hospitality chain based on operational hotels/keys. ITC Hotels operates through 6 brands, with differentiated positioning; having a portfolio of ~13k operational keys and ~4.3k keys…
Broker’s call: India Shelter Fin (Buy)
Target: ₹898 CMP: ₹770.40 India Shelter Finance is uniquely positioned to drive growth in the affordable housing segment and the Loan Against Property (LAP) market. A critical element of its strategy is the focus on families, where women typically serve…
LG Electronics India gets SEBI’s nod to float IPO
LG Electronics India Ltd, a subsidiary of the South Korean chaebol LG, has received markets regulator SEBI’s approval for its ₹15,000 crore initial public offering (IPO), people familiar with the matter said on Thursday. This will be the second South…
Stock Market Holiday Today: NSE, BSE closed on March 14 on account of Holi
Indian stock market is closed Friday, March 14, 2025, on account of Holi. All trading across equity, derivatives, securities lending and borrowings, currency and interest rate derivates segments will remain closed. The exchanges will remain closed for a total of…
Shyam Metalics ventures into roofing market with new product line
Steel manufacturer Shyam Metalics announced today its entry into the roofing segment with the launch of SEL Tiger Roofing Sheets. The new product line is part of the company’s ₹603 crore Greenfield Cold Rolling Facility in Jamuria, West Bengal. The…
Can I use PayPal on quote trade crypto?
PayPal on quote trade crypto Many cryptocurrency traders wonder whether they can use PayPal on quote trade crypto to buy, sell, or trade digital assets. PayPal has become a popular payment method due to its convenience, speed, and security. However,…
India is the best investment market, says Blackstone CEO
India is Blackstone Inc’s best investment market in the world, said the company’s Chief Executive Officer Stephen Schwarzman during an an interaction with the media in Mumbai on Wednesday. “We have enormous confidence in the country and in our own…
Zydus gains FDA approval for urinary tract infection medication
Zydus Lifesciences Limited announced today it has received final approval from the US Food and Drug Administration (USFDA) to manufacture Methenamine Hippurate Tablets USP, 1 gram. The medication, which is the generic equivalent of Hiprex Tablets, is used for the…
Derivatives accounting hit: IndusInd Bank’s stock loses about a quarter of its value in a single day
The estimated hit of about ₹1,500 crore to the balance sheet due to discrepancies in the accounting of derivatives portfolio, shorter tenure approved by the regulator to the CEO, and concerns on asset quality of the microfinance portfolio saw IndusInd…
NSE/BSE Top gainers & losers intraday: Trent, Sun Pharma lead gains, IndusInd plummets 26%
Shares of Trent, Sun Pharma, ICICI Bank, Bharti Airtel and BPCL topped the list of gainers among Nifty 50 pack, while IndusInd, Infosys, Bajaj Finserv, M&M and Wipro depreciated. Realty stocks gained momentum, while IT and banking stocks experienced downturn….
NCLAT clears delisting of ICICI Securities
The National Company Law Appellate Tribunal (NCLAT) has dismissed appeals against delisting of ICICI Securities from stock exchanges. Last August, the NCLT Mumbai Bench sanctioned the scheme of arrangement between ICICI Bank and ICICI Securities, paving the way for the…
Delhivery ltd allots 11.79 lakh shares under employee stock options
Delhivery Limited has allotted 11,79,486 equity shares following the exercise of vested employee stock options, according to a regulatory filing made today. The Stakeholders’ Relationship Committee approved the allotment on March 10, 2025. The shares of Delhivery Limited were trading…
Discount sale on stock exchanges: Shares of top-100 companies up for grabs
The relentless tariff tantrums of the US President Donald Trump has led to a Great Indian clearance sale in the equity markets and has thrown open the door for conservative investors to create long-term wealth. The top-100 companies in terms…
Movers & Shakers: Stocks That Will See Action This Week
Ashok Leyland (₹209.85) Hovering above a support Ashok Leyland’s stock has been on a decline since August last year. The fall was triggered at the resistance of ₹260. However, the price action since November shows that the downtrend has lost momentum….
What Is The Outlook For Steel Authority of India (SAIL), Equitas Small Finance Bank, Websol Energy System, Bharat Electronics (BEL)?
I have shares of Steel Authority of India (SAIL). What is the outlook? Arun SAIL (₹110.85): The stock has been in downtrend since May last year. But from a big picture, this is a correction within the broad uptrend that…
Frequent changes in F&O expiry may hurt traders’ sentiment
Last week, the National Stock Exchange said it is shifting the F&O settlement of all contracts to Monday starting April 4. In a circular, the premier F&O bourse said, Nifty weekly contracts, Nifty monthly, quarterly and half-yearly contracts, Bank Nifty…
SEBI to improve transparency by revealing Board’s conflicts of interests
Newly appointed SEBI chairperson Tuhin Kanta Pandey on Friday said the markets regulator plans to improve its transparency by revealing any conflicts of interest within its board members, as a way to build trust. This gains importance as his predecessor…
Authum Investment reappoints two key directors for five-year terms
Authum Investment & Infrastructure Limited (AIIL) announced today the board approval for the reappointment of two whole-time directors for extended five-year terms. The decision, made at the board meeting on March 7, 2025, is subject to shareholder approval. The shares…
Broker’s call: L&T Technology (Buy)
Target: ₹₹5,251 CMP: ₹4,862.90 L&T Technology Services (LTTS), a prominent ER&D player with a global footprint across key verticals — Mobility, Sustainability, and Technology — and flexes a robust portfolio of niche subsegments and service lines. Distinguished among its peers,…
INOX India secures orders worth ₹190 crore in early 2025
INOX India Limited (INOXCVA), a global leader in cryogenic technology solutions, has secured orders valued at ₹190 crore during January and February 2025, the company announced today. The shares of INOX India Limited (INOXCVA) were trading at ₹1,010 up by…
Gensol Engineering plunges on rating downgrades, promoters stake sale
Shares of Gensol Engineering Ltd (GEL) plunged nearly 28 per cent in the last two days after credit rating agencies CareEdge and ICRA downgraded its loan facilities. The former has downgraded Gensol to ’default’ from ‘BB+’ due to ongoing delays…
IRFC shares gains after Navratna status, marks milestone in railway financing
The Indian Railway Finance Corporation (IRFC) has been granted Navratna status by the Government of India, marking a significant achievement for the financial institution under the Ministry of Railways. As of March 31, 2024, IRFC has emerged as the third-largest…
NSE changes expiry of all F&O contracts to Monday from April 4
The National Stock Exchange (NSE) on Tuesday decided to change the expiry of all contracts to Monday from Thursday in its equity derivatives segment from April 4. In a circular, the premier F&O bourse said, Nifty weekly contracts, Nifty monthly,…
Top gainers & losers intraday 4th Mar 2025: SBI lead gains, auto stocks drag
Shares of SBI, Bharat Electronics, BPCL, Trent and TCS traded among top gainers of Nifty 50 pack, while Bajaj Auto, Hero Motocorp. Bajaj Finserv, Nestle India and HCL Tech dragged. Auto stocks recorded significant loss, along with IT, telecom, FMCGs…
Broker’s call: TCS (Add) – The Hindu BusinessLine
Target: ₹3,925 CMP: ₹3,496.55 We had highlighted in our earlier report that the news flow on tariffs is not constructive for earnings upgrade and decision-making, and that the first-order impact could be trimming of P/E multiples followed by a second-order…
Zen Technologies secures third patent for T-90 tank simulator
Zen Technologies Limited announced today it has been granted its third patent for the T-90 Tank Simulator, specifically for the Containerized Driving Simulator System (T-90 DS). The patent, filed in March 2022, will remain valid until March 2042. The shares…
Equity market to take cues from US tariff, global trends & FIIs trading this week: Analysts
Equity markets will take cues from the US tariff related developments, global trends and trading activity of foreign investors this week, analysts said. Markets may face volatile trends going ahead as investor sentiment continue to remain weak due to escalating…
Mcap: 8 of top-10 most valued firms erodes by ₹3 lakh cr, TCS hit hard
The combined market valuation of eight of the top-10 most valued firms eroded by ₹3,09,244.57 crore in a holiday-shortened last week, with Tata Consultancy Services taking the biggest hit, in line with bearish trend in equities. Last week, the BSE…
Nifty 50 valuation at 19 times FY26 “reasonable”: Piyush Goyal
At a time when the markets have been in correction mode, Union Minister Piyush Goyal said that the benchmark Nifty 50’s valuation of 19 times of FY26 earnings is “decent and reasonable.” Speaking at the Association of Mutual Funds of…
Broker’s call: HealthCare Global (Buy)
Target: ₹621 CMP: ₹503.50 HealthCare Global’s (HCG) growth over the next 2-3 years is expected to be driven by a combination of organic expansion, brownfield projects, and acquisitions. The company plans to add approximately 900 beds, increasing operational capacity from…
Broker’s call: NTPC (Add) – The Hindu BusinessLine
Target: ₹385 CMP: ₹310.95 NTPC is India’s largest power utility, with a 17 per cent share in the country’s installed power capacity having 76GW operational capacity and contributing 24 per cent (422BU) to India’s total electricity generation in FY24. Thermal…
Stock market crash: Sensex plummets 1,200 pts, Nifty falls below 22,200 level, IT stocks drag
Equity market crashed mid-day reflecting concerns over escalating global trade tensions including the latest announcement of additional 10 per cent tariff on Chinese products. Sensex plunged 1214.48 pts or 1.63 per cent to 73,397.95 as at 12.45 pm, while Nifty…
SEBI `lens on’ SMEs using IPO funds for working capital
SEBI is keeping a strict watch on usage of proceeds from initial public offerings (IPO) to detect possible fraud as many small and medium enterprises companies are flocking to the primary markets to ostensibly meet their working capital needs. Unlike…
Top gainers & losers mid-day 27 Feb 2025: Shriram Finance, Bajaj Finance, Bajaj Finance, IndusInd, Axis bank led gains
Media, realty, IT and telecom stocks experiencing huge downturns, along with auto oil & gas, and FMCGs facing selling pressure, while banking stocks show resilience. The broader market traded in red as at 12.35 pm. Sensex slipped 29.02 pts or…
Religare Enterprises inducts four new board members
Religare Enterprises has appointed Abhay Kumar Agarwal, Arjun Lamba, Gurumurthy Ramanathan and Suresh Mahalingam as additional directors. They will be designated as Non-Executive and Non-Independent directors after approval of the RBI and shareholders of the company. The Board had also…
EPIC World launches EHI Index, benchmarking companies solving for entrepreneurial households
EPIC World, a global platform, unveiled the Entrepreneurial Households India Index (EHI Index) on Tuesday. The EHI Index, developed by EPIC World with Morningstar Indexes providing calculation services, tracks the performance of 34 publicly listed Indian companies which offer products…
No meaningful upside for Nifty in short term amid expensive market: Kotak Institutional Equities
Foreign Institutional investors (FIIs) are expected to continue selling as the Indian equity markets still appear somewhat expensive, according to Kotak Institutional Equities. Pratik Gupta, CEO and Co-head at Kotak Institutional Equities, said that Nifty 50 remains somewhat expensive at…
Top gainers & top losers mid-day today 25th Feb: M&M, Bharti Airtel, Bajaj Finance, Adani Enterprises, Adani Ports lead gains
Shares of M&M, Bharti Airtel, Bajaj Finance, Adani Enterprises, and Adani Ports traded among top gainers of Nifty 50 pack, while Hindalco, Dr Reddy’s Laboratories, Trent, TCS, and Sun Pharma dragged. The stock market witnessed a mixed trend on Tuesday,…
Broker’s call: Tata Power (Hold)
Target: ₹345 CMP: ₹354.65 In our May 9, 2024, report Risk to pace of execution, we highlighted that Tata Power is a resilient organisation but that a run-up in stock price was pricing in execution of multiple projects and events…
Top gainers & top losers mid-day today 24th Frb 2025: Dr Reddy’s, M&M, Eicher Motors, Nestle, Tata Consumer shares gain, IT stocks drag
Shares of Dr Reddy’s Laboratories, Mahindra & Mahindra, Eicher Motors, Nestle India, and Tata Consumer Products traded among top gainers of Nifty 50 during intraday, while IT stocks dragged. On the flip side, Wipro, HCL Technologies, Infosys, TCS, and Bharti…
Wealth management space getting spicy with M&As
The asset and wealth management space has been warming up of late with merger and acquisitions. Last month, 360 One WAM (formerly IIFL Wealth Management) entered into a definitive agreement to acquire Batlivala & Karani Securities India Private Ltd and…
FPIs withdraw ₹23,710 cr from equities in Feb; total outflow at ₹1 lakh cr in 2025
Foreign investors have pulled out over ₹23,710 crore from the Indian equity markets so far this month, pushing total outflows past ₹1 lakh crore in 2025 amid rising global trade tensions. Going forward, V K Vijayakumar, Chief Investment Strategist, Geojit…
Broker’s call: Adani Energy Sol (Buy)
Target: ₹930 CMP: ₹669.60 Adani Energy Solutions (AESL) is set to post robust growth in its transmission, distribution, and smart meters businesses. Transmission EBITDA is likely to double to ₹7,600 crore by FY27, driven by India’s renewable energy (RE) target,…
Broker’s call: Kirloskar Brothers (Buy)
Target: ₹2,100 CMP: ₹1,747.60 Kirloskar Brothers Ltd (KBL) has posted a 19 per cent y-o-y revenue growth during the quarter, with a 23 per cent increase in the overseas business. Growth in the overseas segment was driven by strong performance…
Jio Financial, Zomato to enter Nifty from March 28
Jio Financial Services and Zomato will enter Nifty50 index in place of Britannia Industries and Bharat Petroleum Corporation Ltd (BPCL), said a release from the National Stock Exchange. Nifty Next50 will see inclusion of seven stocks: Bajaj Housing, BPCL, Britannia,…
Top Gainers & Top Losers Today 21st Feb 2025: Hindalco, Tata Steel, L&T shares gain mid-day, M&M, BPCL, Tata Motors, Adani Ports decline
Auto and pharma indices dipped about 2 per cent, dragging the broader index. Nifty 50 declined by 137.65 pts or 0.6 per cent to 22,775.50, and Sensex tumbled 470.21 pts or 0.62 per cent to 75,265.75 as at 1.06 pm. Top…
Markets end lower on US trade policy concerns; broader markets outperform
Stock markets closed marginally lower for the third consecutive session on Tuesday, with the benchmark Sensex falling 203.22 points or 0.27 per cent to 75,735.96, while the Nifty 50 declined 19.75 points or 0.09 per cent to close at 22,913.15,…
Waterfield Advisors secures $18 mn funding to expand wealth advisory services
Waterfield Advisors, an independent wealth advisory and multi-family office has raised $18 million in a funding round led by Jungle Ventures, a venture capital fund managing assets over $1 billion. This investment marks a significant milestone in Waterfield’s journey as…
Hexaware Technologies’ shares list at 5% premium
Hexaware shares debuted at ₹745.50, at a 5 per cent premium over the offer price band on the NSE and ended the day at ₹755.75. On the BSE the share listed at a 3.14 per cent premium at ₹731, and…
Top Gainers & Top Losers Today 19th Feb 2025: BEL, L&T, Axis Bank, Hindalco and NTPC lead gains, IT & pharma stocks face pressure
Shares of Bharat Electronics, Larsen & Turbo, Axis Bank, Hindalco, and NTPC emerged as top gainers among Nifty 50 constituents on Wednesday’s intraday trading session. While, Dr Reddy’s Laboratories, TCS, Hindustan Unilever, Adani Enterprises and M&M shares lagged. The broader…
SEBI proposes tighter security for investors’ trading accounts
The Securities and Exchange Board of India (SEBI) has proposed a SIM-binding mechanism to prevent unauthorised transactions in investors’ trading or demat accounts. This mechanism—similar to that of Unified Payments Interface (UPI) payments — will ensure that a user can…
Top Gainers & Top Losers Today 18th Feb 2025
IT stocks such as Tech Mahindra, Wipro and Infosys, along with HDFC Bank and Apollo Hospitals emerged among gainers of Nifty 50 pack during mid-day trading session on Tuesday, while, Trent, Bharat Electronics, Mahindra & Mahindra, Adani Enterprises, and IndusInd…