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…
ACME Solar’s first wind power project online in Gujarat
Shares of ACME Solar Holdings Limited were trading at ₹258.25 up by ₹0.65 or 0.25 per cent on the NSE today at 11.30 am. ACME Solar Holdings Limited has commissioned the first phase of its inaugural wind power project in…
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…
IRCTC shares gain 3% as Q4 profit jumps 26%
Shares of IRCTC soared 3 per cent in early trade following a 26 per cent increase in consolidated net profit for the quarter ended March 2025, at ₹358.23 crore, compared with ₹284.18 crore in the corresponding quarter last year. Revenue…
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….
Jio Financial Shares: Trade flat following JioBlackRock MF SEBI approval
Jio Financial Services shares traded at ₹293.45, up ₹2.05 or 0.70 per cent as of 10.42 AM on the NSE today, following regulatory approval for its mutual fund joint venture with BlackRock. The Securities and Exchange Board of India granted…
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…
Markets open weak: Sensex sheds over 700 points, Nifty slips below 24,800
Markets opened on a weak note on Tuesday, May 27, with the Nifty falling 210.80 points or 0.84 per cent to 24,790.35 and the Sensex declining 746.37 points or 0.91 per cent to 81,430.08, despite positive global sentiment following President…
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…
Leela Hotels, Schloss Bangalore, Aegis Vopak Terminals IPO Day 1 Live Updates: IPOs open for public subscription
Q4 Results 26th May Live: GIC, Gillette India, Sumitomo, KEC International, Brainbees, Blue Dart, Akums Drugs, Nazara, Rategain, Snoaman Logistics, Lyka Labs, Awfis to announce Q4 results today, NTPC shares up post Q4 results Q4 Results 26th May, 2025 live…
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…
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…
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…
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…
Belrise Industries IPO subscribed 41.30 times as QIBs bid aggressively
Ahead of the IPO, Belrise Industries on Tuesday garnered ₹645 crore from anchor investor The initial public offering of Belrise Industries saw an overwhelming response from institutional investors. The ₹2,150-crore IPO, entirely fresh issue, was subscribed 41.30 times. Against an…
Q4 Results 23rd May Live: JSW Steel, Ashok Leyland, Reliance Infrastructure, Cello, Afcons, Apollo, Ashoka Buildcon, BEML, AIA Engineering, Glenmark Pharma, Finolex to announce Q4 results today, ITC shares up post Q4 results, Honasa zooms 14%, Sun Pharma declines
Q4 Results May 23, 2025 live updates: Find all the latest Q4 results 2025 updates for JSW Steel,Ashok Leyland, Reliance Infrastructure, Cello, Afcons Infrastructure, Apollo Micro Systems Ltd, Apollo Finvest India Ltd, Ashoka Buildcon Ltd, BEML Ltd,Glenmark Pharma, Finolex Industries,…
Edelweiss AMC gets SEBI nod to launch SIFs with new Altiva platform
Radhika Gupta, MD & CEO of Edelweiss AMC | Photo Credit: Edelweiss Asset Management Company (AMC) has received in-person approval from the Securities and Exchange Board of India (SEBI) to enter the new asset class of Specialized Investment Funds (SIFs)….
Belrise Industries IPO enters Day 2 with HNIs showing keen interest
The initial public offering of Belrise Industries enters Day 2 with a strong response from high net worth investors. The ₹2,150-crore IPO is entirely a fresh issue by the company, with no offer-for-sale component. Against an offer size of about…
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…
Borana Weaves IPO enters Day 2 with strong retail interest
The IPO of Borana Weaves enters Day 2 on a strong note with 8.53 times subscription, as retail investors poured in money. The ₹145-crore initial public offering received bids for about 3.15 crore shares against 36,89,457 shares on offer. Borana…
Unifi MF rolls out second offering, flexi cap fund, with GARP focus
Unifi Mutual Fund has launched its second product, the Unifi Flexi Cap Fund, reinforcing its “less is more” philosophy of focused, high-conviction investing. Unifi Mutual Fund has announced the launch of its second investment product, the Unifi Flexi Cap Fund,…
Markets to open in positive zone
Domestic markets are likely to see a positive opening, but are likely to remain lacklustre on Tuesday. Gift Nifty at 25080 signals a positive opening of about 100 points amid moderate gains in Asian markets. However, analysts expect the market to remain…
Broker’s call: SBI LIfe (Buy)
Target: ₹2,048 CMP: ₹1,771.10 In Q4-FY25, SBI Life Insurance’s net premium income declined 5 per cent y-o-y to ₹23,861 crore, driven by a substantial 42.1 per cent reduction in single premium income to ₹4,463 crore. In FY25, new business premium…
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…
NSE/BSE, Top Gainers & Top Losers Today 16 May 2025: Eternal, HUL, Bharti Airtel in focus
Finance Stock market with abstract light trials background. Index graph chart | Photo Credit: JoeyCheung Shares of Eternal Energy Ltd., Hindustan Unilever Ltd. (HUL), Asian Paints Ltd., ITC Ltd., and Nestlé India Ltd. were among the top gainers on Friday,…
What distinguishes exchange for AI agents from human marketplaces?
distinguishes exchange for AI agents The concept of an exchange for AI agents introduces a fundamentally different paradigm from traditional human marketplaces. While both types of marketplaces facilitate the exchange of goods, services, or information, the key distinctions lie in…
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…
Markets surge as Nifty breaches 25,000 mark on trade deal hopes
Markets staged a remarkable comeback on Thursday, with benchmark indices scaling seven-month highs as optimism around a potential India-US trade deal triggered broad-based buying. The BSE Sensex soared 1,200.18 points or 1.48 per cent to close at 82,530.74, while the…
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 |…
GRSE shares rally 15.52% after company announces record revenue and net profit in FY25, declares 138.5% dividend
The shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) rallied 15.52 per cent or ₹297.20 to end today at ₹2,212. Garden Reach Shipbuilders & Engineers Ltd (GRSE) announced its highest-ever financial results for FY25 on Tuesday, with a 48…
SEBI plans compliance easing for FPIs investing through VRR, FAR
SEBI has proposed to significantly ease compliance norms for foreign portfolio investors investing exclusively in Indian Government Bonds under the Voluntary Retention Route and Fully Accessible Route. | Photo Credit: The Securities and Exchange Board of India (SEBI) has proposed…
Broker’s Call: Britannia Industries (Outperform)
Target:₹6,000 CMP: ₹5,492.05 Britannia Industries reported better-than-expected growth and margins in Q4FY25. The outlook for FY26 is also positive with price hikes already in place and moderation in palm oil and sugar prices, which account for 50 per cent of…
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…
NSE/BSE, Top Gainers & Top Losers Today 12 May 2025: Infosys, HCL Technologies, Tata Steel, Sun Pharmaceutical, IndusInd Bank
The markets saw a strong rally on Monday, with the BSE Sensex making notable gains, fueled by a surge in the shares of IT and metal stocks. The Sensex ended 1,300.72 points higher, or a 1.55 per cent rise, closing…
Tech Query: Coal India, NTPC, LTIMindtree, Syngene International: What Is The Outlook And Where Are These Stocks Headed?
I have shares of Coal India bought at ₹406. What is the long-term outlook? Vashista Chilkuri Coal India (₹388): The stock has been consolidating between ₹350 and ₹410 since the beginning of this year within its broader downtrend. Resistance is at ₹420. The…
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…
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…
Markets regain some ground after early plunge on India-Pakistan tensions
Volatility remained elevated with the India VIX maintaining levels near one-month highs. Markets pared some early losses by midday trading on Friday, though they remained firmly in negative territory as investors continued to respond to escalating geopolitical tensions between India…
Shares of Niva Bupa rally after strong Q4 show
On NSE the scrip rose 6.57 per cent to end the day at ₹86.35 apiece. | Photo Credit: KSL Shares of standalone health insurer Niva Bupa Health Insurance ended Thursday at ₹ 87.38 apiece on BSE, which was up 7.78…
NSE/BSE, Top Gainers & Top Losers Mid market Today 8 May 2025: HCL Tech, Titan, M&M, Eternal
Markets traded flat during mid-day trading on Thursday as investors processed ongoing geopolitical tensions and awaited key earnings results. The BSE Sensex inched up 45.91 points (0.06 per cent) to 80,792.69, while the Nifty50 slipped marginally by 11.25 points (-0.05…
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…
Q4 Results 07th May Live: Coal India, Dabur, MRF, Voltas, Blue Star, Niva Bupa to announce Q4 results
APL Apollo Tubes YoY * Revenue expected at ₹5640 crore versus ₹4765 crore * EBITDA expected to be seen at ₹395 crore versus ₹280 crore * EBITDA margin expected to be seen at 7.01 per cent versus 5.88 per cent…
Paytm reports Q4 results: Achieves EBITDA before ESOP profitability
EBITDA before ESOP costs stood at ₹81 crore, marking an improvement of ₹121 crore from the previous quarter | Photo Credit: FRANCIS MASCARENHAS One 97 Communications Ltd (Paytm) reported its financial results for Q4FY25, achieving EBITDA before ESOP profitability as…
KPIT Technologies acquires Caresoft’s Engineering Solutions business for $191 million
KPIT Technologies Limited announced today it will acquire Caresoft’s global engineering solutions business for up to $191 million. The deal, approved by KPIT’s Board of Directors on May 6, 2025, involves the 100 per cent acquisition of Caresoft entities 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…
State Bank shares decline over 2% after Q4 earnings
Shares of State Bank of India went lower by over 2 per cent on Monday after the firm reported an 8.34 per cent decline in its consolidated net profit for the January-March quarter. The company’s stock dipped 2 per cent…
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…
Warren Buffett says Berkshire will hold Japanese stakes ‘forever’
Warren Buffett, CEO of Berkshire Hathaway Inc | Photo Credit: Rick Wilking/Reuters Warren Buffett on Saturday gave a full-throated endorsement to the five Japanese trading houses in which his conglomerate Berkshire Hathaway has invested. Buffett spoke at Berkshire’s annual shareholder…
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…
Markets surge on tech optimism and US-China trade talk hopes
Markets opened on a strong note on Friday, with the benchmark indices climbing over 1 per cent in early morning trade amid positive global cues. The Sensex jumped 827.97 points or 1.03 per cent to 81,070.21 after opening at 80,300.19,…
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….
Q4 results live today 1st May 2025: Adani Enterprises, Adani Ports, Zomoto & few more companies to announce Q4 results today, BSE & NSE closed today for Maharashtra Day
Business management online courses and consulting: executive connecting online and analyzing financial charts istock photo for BL | Photo Credit: iStockphoto 4 Results Live Today May 1, 2025: Get the latest Q4 2025 earnings updates for Adani Enterprises, Adani Ports,…
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…
NSE/BSE, Top Gainers & Top Losers Today 29 Apr 2025: Reliance, TechM, Sunpharma, Ultracemco, Powergrid
Share prices of Reliance Industries Ltd., Tech Mahindra Ltd., Eternal Ltd., HCL Technologies Ltd., and Infosys Ltd. emerged as the top gainers on Tuesday. Among the laggards were shares of Sun Pharmaceutical Industries Ltd., UltraTech Cement Ltd., Power Grid Corporation…
Markets seen opening flat to positive amid mixed global cues, weak IIP data
Derivative trading indicates a shift towards bullish sentiment, with put writers increasing positions significantly. I | Photo Credit: iStockphoto Domestic markets are expected to open flat to positive on Tuesday amid mixed global cues. Weak IIP data and mixed corporate…
Urban Company files draft papers for ₹1,900-crore IPO
More than half of the issue proceeds would be used to develop its range of offerings and the remaining for leasing office space and marketing expenses. Beauty and home care services provider Urban Company has filed for ₹1,900 crore initial…
Reliance earnings beat may lift India’s large-cap stocks
Given the significant weights of Reliance and lenders in the Nifty, any downside in the index could be limited. | Photo Credit: REUTERS Asian markets trade cautiously ahead of US trade talks, while Nifty futures indicate a positive start after…
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…
Canara Robeco AMC files papers for IPO
The offer comprises of an Offer for sale of up to 49,854,357 equity shares of face value of ₹10 each Canara Robeco Asset Management Company has filed draft red herring prospectus (DRHP) with SEBI for an initial public offering ….
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…
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,…
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…
Q4 Results Today Live Updates: Reliance Industries Q4 revenue may dip, Maruti, Hindustan Zinc, Shriram Finance, Tata Tech and few others to announce Q4 results
4 Results Today live updates April 25, 2025: Find all the latest Q4 results 2025 updates for Reliance Industries, Maruti Suzuki, Hindustan Zinc, Shriram Finance, LT Finance, Tata Technologies, Oracle Financial Services Software, Lloyds Metals and Energy, Cholamandalam Investment and…
Ather Energy IPO marks landmark moment for IIT-Madras Incubation Cell
Dr Tamaswati Ghosh, CEO, IIT Madras Incubation Cell EV maker Ather Energy’s initial public offering (IPO) is a milestone not just for the company but also for India’s leading deep tech startup hub IIT-Madras Incubation Cell (IIT-M IC). Ather Energy…
Buzzing stocks: Infosys, Biocon, Royal Orchids, PVP Ventures, Rajesh Power, Spandana Sphoorty
Infosys has incorporated a step-down wholly-owned subsidiary IInfosys Australia Technology Services Pty Ltd in Australia. The newly incorporated entity’s 100% shareholding is held by Singapore Pte. Ltd, a wholly owned subsidiary of Infosys Limited. The board of Biocon has approved raising up…
NSE/BSE, Top Gainers & Top Losers Today 23 Apr 2025: HCLTech, Tech Mahindra, Tata Motors, Infosys, M&M
The day’s gains were largely fueled by IT stocks, with easing global macroeconomic concerns and a rebound in tech spending sentiment bolstering investor confidence Shares of HCL Technologies Ltd., Tech Mahindra Ltd., Tata Motors Ltd., Infosys Ltd., and Mahindra &…
Bullish trend to continue for Nifty, Sensex amid global turnaround
Domestic markets are expected to sustain the rally on Wednesday thanks to positive global cues. The US stocks overnight jumped over 2.5 per cent after the US President Donald Trump said he had no plans to dismiss the head of the…
Groww, Angel One, Zerodha face client attrition in March 2025 quarter
Brokerage firms such as Groww, Angel One, Zerodha, Upstox Securities, Kotak Securities, Motilal Oswal and Nuvama Wealth witnessed client attrition in March 2025 quarter, according to the National Stock Exchange data. Collectively, these firms lost over nine lakh active clients…
Stock to remain in focus: Steel stocks, HUL, Coal India, Muthoot Finance
Steel stocks such as Tata Steel, JSW Steel and SAIL will remain in focus as the Government on Monday imposed a 12 per cent provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets…
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,…
Stocks in focus today: 21 April, 2025
State-run telecom firm MTNL has defaulted on bank loans worth ₹8,346.24 crore from seven public sector banks, the company said in a regulatory filing. The loss-making public sector telecom firm’s total debt obligations reached Rs 33,568 crore as on March…
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…
SEBI keen to double MFs’ investment cap in REITs and InvITs to 20%
Capital market regulator SEBI is considering doubling mutual funds’ investment limit in REITs and InvITs to 20 per cent for equity and hybrid schemes, while retaining the 10 per cent cap for debt schemes In a consultation paper issued on…
Sensex, Nifty set for weak start amid global jitters
Indian markets are set for a weak opening on Thursday, with Gift Nifty indicating a 180-point gap-down for the Nifty amid mixed global cues. Domestic markets are expected to open on a weak note amid mixed global cues. Gift Nifty…
NSE/BSE, Top Gainers & Top Losers Today 16 Apr 2025: IndusInd Bank, Axis Bank, Adani Ports, L&T, Infosys
Benchmark indices extended their winning streak for the third consecutive session on Wednesday, with the banking sector driving most of the gains as positive domestic cues outweighed global trade uncertainties. The BSE Sensex gained 309.40 points or 0.40 per cent…
Sensex Nifty Today, Stock Market LIVE Updates: Stock to buy today: BHEL (₹221.90)
Growth arrow up and progress success business skill increase improvement graph on market profit stock background with goal of achievement futuristic finance economy. istock photo for BL | Photo Credit: Lemon_tm tock Market Today | Share Market Live Updates –…
Competition hots up as PMS, AIF queue up to enter MF biz
The minimum threshold for investment in PMS is ₹50 lakh and for AIF is ₹1 crore The competition in the mutual fund space is set to intensify with Alternative Investment Funds (AIF), Portfolio Management Services (PMS) and wealth management firms…
Sensex Nifty Today, Stock Market LIVE Updates: Stock to buy today: Rainbow Children’s Medicare (₹1,534.25)
FILE PHOTO: A trader watches his chart while working on the floor of the New York Stock Exchange July 8, 2014. REUTERS/Brendan McDermid/File Photo | Photo Credit: Brendan McDermid tock Market Today | Share Market Live Updates – Find here…
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…
Massive options bets before Trump’s social post: Lucky timing or market manipulation?
The SEC declined to comment, and the White House defended Trump’s posts as a response to market panic – not a trigger for manipulation. In the minutes before President Donald Trump’s social media post on Wednesday pausing tariffs sent the…
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…
What’s dead cat bounce? Six terms to know for trade war
An electronic screen displays financial information on the floor at the New York Stock Exchange in New York, Wednesday, April 9, 2025 | Photo Credit: Seth Wenig/AP Bulls, bears and dead cats are lurking in the background of President Donald…
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…
AWL Agri Business launches Gondhoraj & Neem soap in West Bengal
AWL Agri Business Limited, formerly known as Adani Wilmar Limited, has introduced Alife Gondhoraj & Neem Soap to the West Bengal market, the company announced on April 7, 2025. The shares of Adani Wilmar Limited closed at ₹270.85, up by…
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…
Thomas Cook India taps Kartik Aaryan as brand ambassador for forex business
Thomas Cook India Limited has appointed Bollywood actor Kartik Aaryan as brand ambassador for its foreign exchange business, the company announced today. The shares of Thomas Cook India Limited were trading at ₹139.63, up by ₹4.36 or 3.22 per cent…
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…
Mamaearth launches new mosquito repellent campaign with Shilpa Shetty
Mamaearth, one of the leading Indian baby and personal care brands, has launched a new marketing campaign for its mosquito repellent range featuring Bollywood actress Shilpa Shetty Kundra as the brand ambassador. The shares of Honasa Consumer Ltd were trading…
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…
NSE/BSE Top gainers, losers: Sensex sheds 1300 pts, Trent, IndusInd lead gainers, HDFC Bank, Bajaj Finserv, HCL, Infosys down over 2%
Shares of Trent, IndusInd, ONGC, Jio Financial and Bajaj Auto traded among the top gainers of Nifty 50 components, while HDFC Bank, Bajaj Finserv, HCL Technologies, Infosys and Titan were major laggards. Realty stocks witnessed the maximum selling pressure. The…
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…
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…
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…
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 defers switching to Monday expiry after SEBI’s consultation paper; BSE shares skyrocket
The National Stock Exchange (NSE) has deferred its plan to change the expiry day of its contracts to Monday after the market regulator’s consultation paper on Thursday. This comes a week before NSE’s expiry day switch from Thursdays was slated…
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…
Negative opening seen for Nifty, Sensex
Domestic markets are likely to open on a flattish to negative note on Thursday, which will also see settlement of monthly contracts on the NSE. Gift Nifty at 23,500 signals marginal loss at open for Nifty. Global stocks present negative…
KKR to sell up to 10.2% stake in JB Chemicals at ₹1,708.75 per share
Private equity firm KKR has launched an offer to offload up to 10.2 per cent of its stake in JB Chemicals and Pharmaceuticals for a deal worth up to $300 million, according to a term sheet viewed by businessline. According…
Stock Market Live Updates 26 March 2025: Stock to buy today: Grasim Industries (₹2,571.55) – BUY
Day Trading Guide for March 26, 2025: Intraday supports, resistances for Nifty50 stocks Day trading guide & stocks, 26 March 2025: Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC…
Market consolidates as indices hover near recent highs
The stock market witnessed a muted trading session on Tuesday, with benchmark indices closing marginally higher after a volatile day marked by profit-booking and sectoral divergences. The Sensex settled at 78,017.19, up a modest 32.81 points or 0.04 per cent,…
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…
JTL Industries deploys advanced direct forming technology in Maharashtra
JTL Industries Limited has successfully implemented Direct Forming Technology (DFT) at its Mangaon, Maharashtra facility, the company announced today. The new technology increases the plant’s production capacity from 200,000 MTPA to 450,000 MTPA. The shares of JTL Industries Limited were…
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…
Stock that will see action today: 21 March 2025
Manappuram Finance said that Bain Capital would pick up an 18 per cent stake in the gold loan provider for ₹4,385 crore through subscription of shares and warrants at ₹236 apiece, implying a 30 per cent premium over the six-month…
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…
Stock that will see action today: 20 March 2025
Nawaz Modi Singhania has stepped down as Director on the Board of Raymond Limited, effective March 19, 2025, according to a company announcement released today. In a statement, Raymond’s Chairman and Managing Director Gautam Singhania acknowledged her contributions, saying, “We…
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…
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…
Broker’s call: Signature Global (Buy)
Target: ₹1,436 CMP: ₹1,083.35 Signature Global (SGIL) has built up a robust pre-sales momentum (TTM bookings up about 7.6x over FY21–9m-FY25), notable presence in the supply-constrained Gurugram market (unsold inventory only about 10 months) and a capital-efficient business model (among…
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…
Embassy Office Parks REIT (Buy)
Target: ₹429 CMP: ₹364.25 Embassy Office Parks REIT’s (Embassy REIT) overall portfolio occupancy, as of December 2024, was 87 per cent – including infusion of 1.4 msf Splendid Techzone, Chennai asset of 1.4 msf from June 1, 2024. Driven by…
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…
Does Quote Trade Crypto Provide News Updates?
Quote Trade Crypto Provide News Updates Staying informed about the latest developments in the cryptocurrency market is essential for traders and investors looking to make informed decisions. With the rapid changes in prices, regulations, and blockchain technology, access to real-time…
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…
Markets extend losses as tech stocks plummet; banking shows resilience
Equity benchmarks Sensex and Nifty deepened their losses during midday trading on Wednesday, reversing their mixed opening as technology stocks faced a severe sell-off amid ongoing global trade concerns following Donald Trump’s return as US president. The BSE Sensex tumbled…
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…
Stock Market trims losses in mid-day trading, IndusInd Bank plunges 25%
Equity benchmarks pared early losses in mid-day trading on Tuesday, though they remained in negative territory amid persistent global recession worries and volatile market conditions. At 12.30 pm, the Sensex traded at 73,983.69, down 131.48 points or 0.18 per cent…
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…
NSE/BSE Top gainers, losers intraday 10th March 2025: Power Grid, HUL, Infosys, JSW Steel lead gains, IndusInd slumps
Shares of Power Grid, Hindustan Unilever, Infosys, JSW Steel and Bajaj Finance gained, while IndusInd, Trent, ONGC, Titan, and Eicher Motors depreciated among Nifty 50 constituents. Among 2,850 stocks that were traded on the National Stock Exchange, only 850 advanced….
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…
Top gainers & losers intraday 7th March 2025: Reliance lead gains, IT stocks drag
Shares of Reliance Industries, Bharat Electronics, Nestle India, HDFC Life and Bajaj Auto traded among top gainers of Nifty 50 pack, while IndusInd Bank, NTPC, Infosys, Shriram Finance and HCL Tech lagged. The broader market fluctuated on Friday due to…
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,…
FPI outflows from Indian equities ease in February, but financials see partial relief
Foreign investors continued to exit Indian equities in February, but the pace of selling in heavyweight financial stocks slowed sharply from January’s heavy outflows, data on Thursday showed, even as concerns over lagging economic growth persist. Foreign portfolio investors (FPI)…
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…
Varun Beverages Shares gain 2%, as brokerages upgraded ratings on stock
Shares of PepsiCo‘s largest franchise bottler Varun Beverages Ltd (VBL) gained 2 per cent in early trade on Wednesday as brokerages upgraded ratings on the stock. The stock traded flat at ₹476.45 on the National Stock Exchange as at 12.19…
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,…
Suzlon Energy secured 204.75 MW order from Jindal Renewables
Suzlon Energy Limited has secured a third order of 204.75 MW from Jindal Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables, the company announced today in a stock exchange filing. This latest deal expands their partnership to a…
Broker’s call: TCS (Add) – The Hindu BusinessLine
Target: ₹3,3,925 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…
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…
Tech Query: What is the outlook for Bombay Dyeing & Manufacturing Company, Tube Investments of India, Radico Khaitan, Apollo Hospitals Enterprise?
I have bought Bombay Dyeing & Manufacturing Company at ₹206. Can the stock go back to my purchase price? What is the outlook? T Raveendran, Chennai Bombay Dyeing (₹126.70): The stock has been in a strong downtrend since November last…
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…
Stocks that will see action today: 28 February 2025
TP Solar Limited (TP Solar), a wholly-owned subsidiary of Tata Power Renewable Energy Ltd (TPREL) and a subsidiary of Tata Power, running India’s largest single location solar manufacturing plant, has secured a contract from the Solar Energy Corporation of India…
Broker’s call: UltraTech Cement (Buy)
Target: ₹13,000 CMP: ₹10,420.65 The board of UltraTech Cement has announced the company’s entry into the wires and cables segment with a planned capex outlay of ₹1,800 crore over the next 2 years. The plant will be set up near…
Stock Market Live Updates 27 February 2025: Stock to buy today: Zensar Technologies (₹805.90) – BUY
Vistra Corp. (Pre market) (Sector- Power) Warner Bros. Discovery, Inc. (Pre market) (Sector- Media) BeiGene, Ltd. (Pre market) (Sector- Healthcare) Liberty Media Corporation (Pre market) (Sector- Media) Endeavor Group Holdings, Inc (Pre market) (Sector- Media) Hormel Foods Corporation (Pre market)…
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…
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…
Sensex gains, Nifty slips in mixed session; telecom stocks lead
The stock market displayed divergent trends on Tuesday as the benchmark Sensex closed higher while the Nifty ended marginally lower amid range-bound trading. The 30-share BSE Sensex closed at 74,602.12, up 147.71 points or 0.20 per cent, while the broader…
Share Market Live Updates 25 February 2025: Stock to buy today: Bata India (₹1,334.45) – BUY
Home Depot, Inc (Pre market) (Sector- Retailers) American Tower Corporation (Pre market) (Sector- Real Estate) Bank of Montreal (Pre market) (Sector- Financial) Bank of Nova Scotia (Pre market) (Sector- Financial) Sempra (Pre market) (Sector- Energy) Keurig Dr Pepper Inc. (Pre…
Markets crash to 8-month low; Nifty risks longest losing streak in 28 years
Equity benchmarks tumbled to their lowest levels in eight months on Monday, with the Nifty at risk of recording its longest losing streak since 1996, as weak US economic data and tariff concerns triggered a broad market sell-off. The BSE…
Stock Market Live Updates 24th February 2025: Stock to buy today: Anand Rathi Wealth (₹4,005) – BUY
Joint Stock Company (Pre market) (Sector- Technology) Domino’s Pizza Inc (Pre market) (Sector- Hotels) Summit Therapeutics Inc. (Pre market) (Sector- Healthcare) Owens Corning Inc (Pre market) (Sector- Construction) Westlake Corporation (Pre market) (Sector- Chemicals) ONEOK, Inc. (Post market) (Sector- Energy)…
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: 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,…
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…
Stock that will see action today: 21 February 2025
The Competition Commission of India has cleared healthcare and energy conglomerate Torrent Group’s proposal to acquire a majority stake in IPL franchisee Gujarat Titans. “The proposed combination relates to the purchase of 67 per cent of the shareholding (on a…
Broker’s call: Lumax Auto Tech (Buy)
Target: ₹857 CMP: ₹556.95 Lumax Auto Technologies’ (LATL) consolidated revenue/EBITDA/PAT grew 24/11/25 per cent y-o-y to ₹906 crore/₹118 crore/₹45 crore respectively in Q3-FY25. Revenue growth was driven by steady 10 per cent growth in the standalone business of metallic frames…
Stock that will see action today: 20 February 2025
Patanjali Foods Ltd on Wednesday announced that the Supreme Court has quashed the Rs 186 crore tax demand imposed on the company. The move came as part of a Special Leave Petition (SLP) filed by the Principal Commissioner of Income…