Shares of Bajaj Finserv rose 2.30% to close at ₹1,988.70 apiece on the NSE. | Photo Credit: iStockphoto SBI MF, Morgan Stanley and Goldman Sachs, among others, on Friday cumulatively bought a 1.8 per cent stake in Bajaj Finserv for ₹5,506 crore from promoter entities. Besides, JP Morgan India, Citigroup Global, Societe Generale, SBI Life, […]

Hyderabad-based NGO, the Council for Green Revolution (CGR), has listed its climate initiative on the National Stock Exchange’s Social Stock Exchange (SSE) on Wednesday. It is the 14th project to be listed on the platform.  The listing will support the expansion of CGR’s Young Earth Leadership Programme (YELP), which engages students in environmental education and […]

NCDEX decides to opt out of the current contest for expiry days. The National Commodity & Derivatives Exchange Ltd (NCDEX) does not plan to apply for a weekly expiry day under SEBI’s recent directive requiring exchanges to choose between Tuesday or Thursday for contract expiries by June 15, according to sources. “We do not plan […]

Domestic markets are expected to open on a flat note on Thursday amid a cautious mood among traders and investors. Analysts expect the consolidation phase to continue as all eyes are now on tomorrow’s RBI policy outcome. The markets expect the central bank to announce a 25 bps rate cut. Meanwhile, the HSBC India services purchasing […]

Flipkart Investments exited its entire 6 per cent stake in Aditya Birla Fashion & Retail  Over ₹3,500 crore worth of block deals were transacted on the exchanges on Wednesday, with investors in two of the companies exiting their investments. Ecommerce player Flipkart exited its entire 6 per cent stake in Aditya Birla Fashion & Retail […]

Domestic markets are likely to remain volatile amid lack of domestic triggers. The focus has now shifted to the RBI monetary policy outcome that will be revealed on Friday, at the end of the central bank’s three-day deliberations. According to analysts, the market has already discounted a 25 bps rate cut. Siddhartha Khemka, Head – […]

 Focused on small- and mid-cap equities, the Emkay SMID Cap Growth Engine Fund aims to deliver long-term capital appreciation Emkay Investment Managers, the asset management arm of Emkay Global Financial Services, on Tuesday announced the launch of the ‘Emkay SMID cap growth engine fund’, targeting ₹500-1,000 crore assets under management (AUM) in 2025-26. The open-ended […]

NSE Building | Photo Credit: Dinakaran Gift Nifty at 24,855 signals another flat opening as the market is in a consolidation phase. Analysts expect the market to remain volatile as foreign portfolio investors remaine cautious about the Indian market. With the results season almost coming to an end, the focus now shifts to the upcoming […]

According to block deal data on the BSE, Fettle Tone sold 8.14 crore shares at an average price of ₹82.76 and 9.15 crore shares at ₹82.11 while Ramachandran offloaded at ₹82.30 a share Domestic PE firm True North’s Fettle Tone LLP offloaded 9.46 per cent stake in Niva Bupa Insurance while its MD and CEO […]

Gift Nifty at 24,882 indicates a flattish opening. | Photo Credit: SARINYAPINNGAM Domestic markets are likely to open on a positive note on Monday amid positive economic data. However, rising geopolitical tensions between Russia and Ukraine and valuation concerns will keep the market under pressure, said analysts. Gift Nifty at 24,882 indicates a flattish opening. […]

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 crore, up 17.7 per cent y-o-y (+1 per cent q-o-q), in-line with our estimates. EBIT […]

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 released by the National Securities Depository Ltd (NSDL). During the week from May 26 to […]

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 resistance at ₹720 and broke out of a trendline resistance. This has turned the momentum […]

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 March 31, 2025. Net profit jumped 110 per cent to ₹19 crore. The beauty e-commerce […]

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 softness in the catering segment (-5 per cent q-o-q) and a flat performance in Rail […]

Hinduja Global Solutions (HGS) on Thursday named Venkatesh Korla, President and CEO of HGS Americas, as the new Global CEO. He will take charge after the retirement of current Group CEO Partha DeSarkar in September 2025, the company said in a statement Additionally, Mahesh Kumar Nutalapati, Deputy CFO since February, has been elevated to the […]

Individual investors direct ownership dipped to 9.5 per cent in the listed universe suggesting a growing popularity of mutual fund as a preferred vehicle for equity investment by retail investors Backed by the steady rise in inflows, the ownership of mutual funds in listed companies scaled a record high of 10 per cent in FY25 […]

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. The regulator found that these individuals were aware of the accounting discrepancies in the bank’s […]

Proceeds from the IPO will be used for general corporate purposes and to repay loans worth ₹2,300 crore | Photo Credit: Dado Ruvic Brookfield Asset Management-backed Schloss Bangalore’s IPO was subscribed 4.50 times on May 28, its final day. The luxury hospitality company has The Leela Palaces, The Leela Hotels, and The Leela Resorts under […]

Gurgaon-based SaaS logistics platform Fleetx.io has raised ₹113 crore in a Series C round led by existing backers IndiaMART Intermesh and BEENEXT’s Accelerate Fund, comprising both primary and secondary investments.  | Photo Credit: iStockphoto Gurgaon-based SaaS platform Fleetx.io has secured ₹113 crore in Series C funding. The round saw a mix of primary and secondary […]

Benchmark indices ended sharply lower on Tuesday, May 27, snapping a two-day winning streak as investors booked profits across sectors, amid weak global cues and valuation concerns. Volatility dominated the session, with the Nifty 50 swinging nearly 350 points before closing firmly in the red. The Nifty 50 shed 174.95 points or 0.70 per cent […]

Key results: Results Calendar: LIC, Info Edge, Bosch, Bharat Dynamics, NMDC, Procter & Gamble, Medplus Health, NMDC Steel, JK Lakshmi Cement, TTK Prestige,V2 Retail, DCX Systems, TVS Srichakra, Rane Madras, Deccan Cements

The norms, applicable after 3 months, are for the appointment, re-appointment, termination or resignation of KMPs such as the Compliance Officer, Chief Risk Officer, Chief Technology Officer and Chief Information Security Officer | Photo Credit: REUTERS The Securities and Exchange Board of India (SEBI) on Monday has prescribed the process for appointment of key managerial […]

Indian markets are poised for a flat opening with a negative bias, as indicated by the current GIFT Nifty levels. Indian markets are likely to open the new week on a flattish note with a negative bias. Gift Nifty is ruling at 24,915 against Nifty May and June futures values of 24,880 and 24,972.80, which […]

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 or 0.74 per cent and the Nifty declined 166.65 points or 0.66 per cent. While […]

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 strong positive momentum. These factors indicate an upward reversal in trend. There might be some […]

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 on May 29, and the shares will be listed on the NSE Emerge platform, the […]

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 understanding. (PTI Photo)(PTI05_12_2025_000113B) With the National Stock Exchange (NSE) pushing for a switch in the […]

Target: ₹62 CMP: ₹51.25 Bank of Maharashtra (BOM) is a midsized public sector bank headquartered in Pune (Maharashtra), is engaged in providing banking services for more than nine decades. It has largest network of branches of any nationalised bank in Maharashtra. BOM is emerging as one of the most robust and agile performers in India’s […]

Today is the last day to subscribe to the initial public offering of Belrise Industries. The IPO, which has been subscribed 2.9 times so far. It has received a strong response from high networth individuals. The ₹2,150-crore IPO is entirely a fresh issue, with no offer-for-sale component. Against an offer size of about 17.71 crore […]

Target: ₹564 CMP: ₹442.40 We initiate coverage on Hindustan Zinc Ltd with a ‘Buy’ rating and target of ₹564 valuing at 10x FY27E EV/EBITDA. HZ is the world’s largest (and India’s only) integrated zinc producer and emerged as one of the top 5 silver producers globally. Its ranking in the first decile of the global […]

Sensex, Nifty, Share Price LIVE: The stock of Zee Entertainment Enterprises (ZEE) bottomed out in early March after finding support at ₹90. After confirming the bullish trend reversal in April by validating the inverted head and shoulder pattern, the stock continued to appreciate.

Target: ₹3,149 CMP: ₹2,500.10 GRSE (Garden Reach Shipbuilders & Engineers) is well-positioned for substantial growth, driven by a robust order book of ₹22,680 crore (as of March 31, 2025) comprising 40 platforms, including 16 warships. The company is actively executing key defence projects like the P17 Alpha frigates (first ship 95 per cent complete, ahead […]

MUMBAI, MAHARASHTRA, 24/06/2016: Share brokers react to falling stock prices in Mumbai on June 24, 2016. World financial markets were rocked on Friday by Britain’s unprecedented vote to leave the European Union, with stock markets and oil prices crashing and the pound hitting its lowest level in three decades. Photo: Paul Noronha | Photo Credit: […]

Lupin announced on Tuesday that it will incorporate Honeywell’s Solstice Air propellant in its next-generation respiratory inhalers, becoming the first Indian pharmaceutical company to use this technology at scale. The partnership aims to transform respiratory care for asthma and chronic obstructive pulmonary disease (COPD) patients while significantly reducing environmental impact. Honeywell’s HFO-1234ze cGMP propellant can […]

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 20 May 2025  06:47 | May 20, 2025 Stock market live updates today: Stock to buy today: Vinati Organics (₹1,863.30) – BUY The upmove in the stock […]

Target: ₹324 CMP: ₹243.70 BHEL is the poster child of the Indian thermal power industry. India has recognised the need for building new base load plants despite energy transition. The industry has seen a flurry of new coal orders in FY24 and FY25. Therefore, it saw order inflow (OI) of ₹78,000/₹92,500 crore in FY24/FY25 (vs. […]

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 company has decided May 23 as the record/effective date. On this day, the stock price […]

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, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever […]

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. The markets watchdog received 4,341 fresh complaints in the month and a total of 4,263 […]

Navin Fluorine continues to gain strength but valuations hover at the higher range. A new suite of projects is ready to commercialise and ramp up production in the next few years sustaining growth in its three segments and expand margins further. We had recommended that investors accumulate the stock, in the midst of the CEO […]

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 moderate, said global brokerage firm Jefferies. India valuations are now closer to the September peaks, […]

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, while major IT and telecom stocks weighed on the indices. Bharti Airtel Ltd., HCL Technologies […]

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 investors earlier in the day, they said. Sundaram Finance did not immediately reply to a […]

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 NSE Nifty jumped 395.20 points or 1.60 per cent to end at 25,062.10, successfully breaching […]

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 | Photo Credit: FRANCIS MASCARENHAS The Securities and Exchange Board of India (SEBI) has banned Varyaa […]

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 per cent jump in profit after tax to ₹527 crore, compared to ₹357 crore in […]

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 to relax regulatory requirements for foreign investors investing solely in Indian government bonds under the […]

Share prices of Sun Pharmaceutical Industries Ltd., Adani Ports and Special Economic Zone Ltd, Bajaj Finance Ltd., State Bank of India, and Tech Mahindra Ltd. emerged as the top gainers on Tuesday. Among the laggards were shares of Tata Consultancy Services Ltd. (TCS), HCL Technologies Ltd., Eternal Energy Ltd., Power Grid Corporation of India Ltd., […]

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 contribute materially to profitability in FY26 and FY27. In the US generics market, ARBP continues […]

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 at 84,547.32. The Nifty also followed suit, gaining 1.45 per cent, or 369.15 points, to […]

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 stock has to breach this resistance to indicate a trend reversal and turn bullish again. […]

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 on them. Nifty 50 The May Nifty futures (24,066) lost 1.4 per cent last week. […]

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 current negative outlook for DLF. Broadly, we expect the stock to move in a narrow […]

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. Operation Sindoor further escalated the nervousness in the markets. On Friday – the third day […]

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 investment advisors and research analysts to fulfill their mandatory monetary deposit through liquid funds. As […]

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 and Pakistan. The BSE Sensex was trading at 79,465.19, down 869.62 points or 1.08 per […]

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 per cent from the Wednesday close, after the insurer reported over 30 per cent year-on-year […]

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 per cent) to 24,403.15 as of 12.30 pm. The markets showed resilience after opening mixed […]

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 lagged.  | Photo Credit: iStockphoto Benchmark indices closed with marginal gains on Wednesday after a […]

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 * Net profit expected to be seen at ₹246 crore versus ₹170 crore Blue Star […]

 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 guided previously. The company posted operating revenue of ₹1,911 crore for the quarter ending March […]

As many as five companies including Veritas Finance, Laxmi India Finance and Ajay Poly, have received SEBI’s go ahead to raise funds through an initial public offering (IPOs), an update with the markets regulator showed on Tuesday. Rajasthan-based Jajoo Rashmi Refractories and Kolkata-based agro-based company Regaal Resources also received SEBI’s nod to float initial share-sales. […]

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 2025 against ₹103.50 crore reported in the year-ago same period. Consolidated revenue jumped 14.7 per […]

Benchmark indices traded firm due to sustained foreign fund inflows. Sensex soared 203.31 pts or 0.25 per cent to 80,705.30 as at 12.21 pm, and Nifty 50 was up 87.35 pts or 0.36 per cent at 24,434.05. Midcap index outperformed. Nifty midcap 100 rose 1.45 per cent to 54,482.40 and Nifty smallcap 100 inched up 0.61 […]

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 were done by the Big 6 audit firms — BDO, Deloitte, EY, Grant Thornton, KPMG […]

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 at the end of this year, he is expected to preserve the culture at the […]

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 meeting in Omaha, Nebraska, 1-1/2 months after Berkshire said it raised its stakes in Itochu, […]

NSE’s recent measures are steps in the right direction

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 crore value announced in December 2024. The deal brings the total order value to ₹216 […]

Nifty midcap 100 dropped 0.85 per cent to 53,663.15, while smallcap 100 dipped 0.08 per cent to 16,436.15 Equity indices erased early gains in mid-trading session. Sensex traded 118.42 pts or 0.15 per cent positive at 80,360.66 as at 12.51 pm, while Nifty 50 dipped 32.60 pts or 0.13 per cent to 24,301.60. The volatility […]

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. However, the consolidated PAT numbers include a post-tax exceptional gain of ₹3,286 crore from 13.5 […]

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, Zomato, Home First Finance Company India, Nuvoco Vistas Corporation, Jaiprakash Power Ventures, Railtel Corporation of […]

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 overall subscription of 1.43 times. The first mainline IPO of FY26 saw only a muted […]

Total income rose to ₹2,566.52 crore in the quarter under review as against ₹2,075.93 crore in the corresponding quarter last year. | Photo Credit: FARUQUI AM Vishal Mega Mart shares rallied 10 per cent on Wednesday. Despite the challenging demand environment, the company recorded a stellar Q4FY25 show exceeding consensus estimates. ICICI Securities’ analysts have […]

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 of India Ltd., NTPC Ltd., and Kotak Mahindra Bank Ltd. The BSE Sensex ended marginally […]

The shares of Oberoi Realty Limited were trading at ₹1,597.70 down by ₹59.10 or 3.57 per cent on the NSE today at 1.45 pm. Oberoi Realty reported a significant 45 per cent year-on-year decline in fourth-quarter net profit to ₹432.50 crore, down from ₹787.71 crore in the same period last year. The Mumbai-based luxury real […]

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 public offering (IPO), consisting of a fresh issue of shares and an offer for sale […]

Banking, oil & gas, and pharma stocks drove the market surge, although IT experienced some selling pressure on Monday. The broader market soared intraday amid sustained foreign fund inflows, also driven by heavyweight Reliance Industries. Sensex climbed 1026.74 pts or 1.30 per cent to 80,239.27 as at 12.22 pm after opening at 79,343.63, Nifty 50 […]

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 . Canara Bank and ORIX Corporation Europe NV are the promoters of the company. The offer […]

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 listed over the last eight years have given bumper returns with Mazagon Dock Shipbuilders topping […]

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 the dip in price is only a corrective move. We expect the stock to resume […]

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 crore recorded during the corresponding period a year ago. This is for the first time […]

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, JM Financial Limited, and Nomura Financial Advisory and Securities (India) Private Limited — finalised the […]

Shares of Tanla Platforms Ltd were down ₹16.90 or 3.49 per cent to trade at ₹467.10 on the NSE today at 12:35 pm. Tanla Platforms Ltd, a CPaaS provider, announced its Q4 results  after market hours on Thursday, April 24. The company reported quarterly revenue of ₹1,024 crore, a 2.4 per cent quarter-on-quarter growth (q-o-q) […]

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 will be IITM IC’s first portfolio company to go public in validation for the incubator’s […]

Shares of IndusInd, UltraTech, Grasim, Trent and Dr Reddy’s Laboratories traded among top gainers of the Nifty 50 pack intraday, while Hindustan Unilever, M&M, Bharti Airtel, ICICI Bank and ONGC declined. The broader indices continued to trade lower. Sensex depreciated 305.50 pts or 0.38 per cent to 79,810.99 as at 12.30 pm, and Nifty 50 […]

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 & Mahindra Ltd. were among the top gainers on Wednesday. On the flip side, HDFC Bank […]

HCL Technologies shares surged 7.68 per cent to ₹1,593.60 at 11.35 on the NSE on Wednesday, following its Q4 results announcement and optimistic FY26 guidance that outpaced industry peers. Several financial institutions have maintained a positive outlook on the stock. JPMorgan upgraded HCLTech to “overweight” with a target price of ₹1,750, citing value in the […]

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 in the fourth quarter to 4.92 crore. Recent market correction, volatile trends, ongoing earnings season […]

Eternal’s stock climbed 1.14 per cent to ₹236.90 as of 12.41 PM today, continuing to attract investor attention following contrasting analyst reports released yesterday. The modest gain comes as markets digest the company’s strategic decision to remain domestically owned. Jefferies maintained its Hold rating on Eternal with a target price of ₹255, citing concerns […]

The country’s oldest exchange BSE is facing headwinds with having a level playing field between stock exchanges, and is working towards the same. In an interview with the businessline, BSE’s CEO and Managing Director Sundararaman Ramamurthy said that it is not engaging in any price wars or chasing market share, but building internal efficiencies. Edited […]

HDFC Bank shares hit 52-week high, rising 2 per cent in early trade, and Yes Bank shares jumped 7 per cent following Q4 results. The former traded at ₹1,921.80 on the NSE, up 0.79 per cent as at 10.29 am, after hitting a 52-week high of ₹1,950.70. HDFC on Saturday posted a 7 per cent […]

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 that were impacted by broad market sell-offs. Here are the top midcap stocks newly added […]

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 stake in IFBI, and post the aforesaid acquisition, IFBI will become its wholly owned subsidiary, […]

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 a larger easing cycle or a one-off?  This is going to be a very interesting […]

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 here.  Just Dial, Mastek, Infosys, Wipro, Jio Financial Services, HDFC Life Insurance Company, Tata Elxsi […]

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 IT major also lowered its FY26 revenue growth guidance to 0–3 per cent in constant […]

FILE PHOTO: FILE PHOTO: People walk outside the National Stock Exchange (NSE) | Photo Credit: FRANCIS MASCARENHAS Indian stock markets are shut on Friday due to the Good Friday holiday. However, other major Asian markets continued their upward trend, with key indices posting gains. Japan’s Nikkei 225 index rose by 0.66 per cent, Taiwan’s weighted […]

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 to position LTF’s business loan offerings as transformative solutions for entrepreneurs. The shares of L&T […]

Waaree Renewables’ revenue from operations for Q4FY25 was up 74 per cent to ₹476.57 crore Shares of Waaree Renewable Technologies Ltd (WRTL) jumped 14 per cent to hit a fresh high on Thursday as its net profit jumped 83 per cent on higher income. The consolidated net profit for March 2025 quarter was recorded at […]

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 Sibal, appearing for Kairosoft, led the defense by arguing that it was unfair to restrict […]

Production has already begun with the realme Buds T200 Lite earbuds | Photo Credit: JASON LEE Realme, a popular smartphone brand among Indian youth, has partnered with Optiemus Electronics Limited (OEL) to manufacture its next-generation AIoT products in India, the company announced today. The shares of Optiemus Infracom Ltd were trading at ₹492.15 up by […]

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 and its promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, from accessing capital markets for […]

India’s auto shares jumped more than 3 per cent on Tuesday and were set for their best day since early January, after US President Donald Trump suggested he might grant exemptions on auto-related import tariffs. Speaking on Monday at the White House, Trump said he was considering a modification to the 25 per cent tariffs […]

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 their cost following the recent sharp fall in the US markets. SEBI froze fresh inflows […]

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 local holiday. Trading will resume on Tuesday, April 15. The benchmark BSE Sensex rose 1.8%, […]

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 Asia were on a phone call to chart the $7 billion asset manager’s path through […]

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 holiday-shortened last week, with Hindustan Unilever emerging as the biggest winner. Last week, the BSE […]

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 to ₹100-90 – an important long-term support zone. A fall beyond ₹90 is less likely. […]

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 distribution remain core strength. Business mix remains well balanced and granular with home loans comprising […]

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 billings grew 18.4 per cent y-o-y, the highest in the last 10 quarters, despite a […]

Keep afloat. Shipbuilding capability is the ultimate driver of influence in maritime trade diplomacy CV Subrahmanyam | Photo Credit: SUBRAHMANYAM CV Reliance Industries Limited (RIL) announced that its step-down wholly owned subsidiary, Nauyaan Tradings Private Limited (NTPL), has entered into a share purchase agreement with Welspun Corp Limited (WCL) to acquire an additional 10 per […]

On Thursday afternoon, Wall Street’s main indexes saw significant declines as the S&P 500 dropped over 5% amid renewed investor fears about the economic impact of U.S. tariff policies. T | Photo Credit: ANDREW KELLY/Reuters Wall Street’s main indexes extended declines in afternoon trading on Thursday, with the benchmark S&P 500 plunging more than 5% […]

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 be closed on April 14, 2025, on account of Dr. Baba Saheb Ambedkar Jayanti. On […]

The brokers’ Industry Standards Forum (ISF) has proposed a 10 orders-per-second cap for algorithms developed by tech-savvy retail investors to be registered with stock exchanges through brokers — part of SEBI’s broader push to make algo trading safer for retail participants. While the exchanges are largely on board with this threshold, SEBI may opt for […]

Stock markets opened sharply lower on Wednesday, April 9, 2025, as heightened trade tensions between the US and China rattled global markets. The Sensex opened at 74,103.83, down from the previous close of 74,227.08, and is currently at 74,039.01, with a decline of 188.07 points or 0.25 per cent. The Nifty is trading at 22,440.65, […]

The watches and wearable segment’s domestic business grew 20 per cent y-o-y | Photo Credit: AMIT DAVE Shares of Titan Company recovered strongly on Tuesday after the Tata Group company released a robust business update for the March 2025 quarter (Q4FY25), highlighting a broad-based performance across its key verticals and consistent expansion in its retail […]

Mumbai: People walk past the Bombay Stock Exchange (BSE) building, in Mumbai, Monday, April 7, 2025. Stock market benchmark indices Sensex and Nifty fell over 5 per cent in early trade on Monday. BSE Sensex tumbled 3,939.68 points to 71,425.01 and NSE Nifty slumped 1,160.8 points to 21,743.65. (PTI Photo)(PTI04_07_2025_000030A) rending Stocks Today, Tata Motors,Reliance, […]

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 in sight, FPIs have started rebuilding short positions after unwinding them last week. Analysts say […]

Stock markets opened to a brutal sell-off on Monday morning, with benchmark indices plummeting following sharp declines across global markets after the escalation of trade tensions between the United States and China. The Sensex crashed by over 2,500 points, opening at 71,449.94 versus the previous close of 75,364.69, and is currently at 72,793.67 — down […]

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 Consultancy Services taking the biggest hit amid a bearish trend in domestic equities. Last 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 in February last year. Now the stock seems to have reversed the trend upside after […]

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 indices barring the BSE FMCG (up 0.35 per cent) ended the week in red. The […]

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 stocks at a breakneck pace, growing increasingly bearish after President Donald Trump’s shock announcement of […]

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 about 11 per cent CAGR over FY24-30, along-with 300 bps EBITDA gain enabled by better […]

360 One WAM Ltd., an Indian wealth management firm, is witnessing significant changes in its international team as Vikram Malhotra, head of its global operations, resigns along with ten other bankers from locations in Singapore and Dubai. Indian wealth manager 360 One WAM Ltd. is parting ways with senior figures in its international team, less […]

S&P 500 plunges over 4% as dollar weakens, bonds rally amid global recession fears and trade tariffs impact. | Photo Credit: Bloomberg *S&P 500 down more than 4 per cent in early trading *Dollar down against euro, yen *Safe-haven bonds rally Stock indexes tumbled, with the S&P 500 down more than 4 per cent in […]

Global markets are in a tailspin after US President Donald Trump’s “Liberation Day” proposal. Equities in Australia, Japan, and South Korea tumbled between 1 per cent and 3.5 per cent. S&P 500 futures crashed over 3.5 per cent, while contracts on the Nasdaq 100 slid 4.5 per cent.  Gift Nifty 23,175 signals a gap down opening […]

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 business and quadrupling the downstream business in India. Our key takeaway is that the management […]

Domestic markets are expected to open flattish as investors await Liberation Day proposals from US President Donald Trump.  Axis Securities said, “We believe that at the current juncture, the risk-reward balance favours domestic-facing sectors due to the nil to low impact of the reciprocal tax. Export-oriented sectors will be in a wait-and-watch mode, based on […]

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 the month, showed provisional data. This is in stark contrast to retail flows in mutual […]

After experiencing a steep decline of up to 30 per cent over the past six months, India’s key stock indices have rebounded since early March, gaining as much as 10 per cent. From their March 4 lows, the Nifty 50, Nifty Midcap 150, and Nifty Smallcap 250 have risen by 7 per cent, 8 per […]

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 consists of fresh equity sale of ₹350 crore and an offer-of-sale (OFS) for an additional […]

The Indian stock markets remained closed on Monday in observance of Eid-ul-Fitr celebrations, while other major Asian markets faced heavy selling pressure. At the time of filing this report Japan’s Nikkei 225 plunged by 4 per cent, Taiwan’s Weighted Index declined by 2.97 per cent, and South Korea’s benchmark index dropped by over 2.5 per […]

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 points, or 0.66 per cent. From the top-10 pack, HDFC Bank, Tata Consultancy Services (TCS), […]

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 left before the end of a quarter that’s set to be the S&P 500’s worst […]

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 value of ₹10 per equity share, comprises a fresh issue of shares worth up to […]

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 and based on the recommendations of the regulator’s hybrid securities advisory committee (HySAC), it has […]

SEBI has deferred the implementation of intraday monitoring of position limits for equity index derivative contracts, which was to be implemented from April 1. For this purpose, stock exchanges were to consider minimum four position snapshots during the day and levy penalties for breach of such limits. Currently, such positions are monitored end of day. […]

Domestic markets are expected to open the final trading day of the current fiscal on a flat note on Friday despite mixed global cues. Gift Nifty at 23,760 indicates a flat opening with negative bias. Analysts expect the trading to be light, though small and mid-cap stocks may continue to remain under pressure. According to analysts, […]

Equity fundraising this financial year surged 92 per cent to ₹3.7 lakh crore, a record, data from PRIME Database showed. This includes funds mopped up via including initial public offerings, qualified institutional placements, offer for sale, follow-on offers and REITs/InvITs. Fund raising through debt reached ₹11.1 lakh crore, the bulk of which was through private […]

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 cues, as most equities across the Asia-Pacific region are down by around 0.50 per cent […]

Target: ₹1,120 CMP: ₹886 We recently visited Innova Captab’s newly commissioned Jammu facility and interacted with the management on Jammu’s growth trajectory, future drivers and outlook. The company’s Jammu facility is spread across 11 acres and has four blocks – three dedicated to Anti-biotics and one general block. With commercialisation of Jammu, the company can […]

Stock markets will open on a flat note on Wednesday, amid mixed global cues. Asian markets are trading in a tight range in early deals on Wednesday, as the volatile US stocks closed marginally higher overnight. Settlement of monthly contracts on the NSE on Thursday will keep traders busy. This being the final monthly settlement, […]

Target: ₹1,175 CMP: ₹852.75 Shyam Metalics and Energy Ltd (SMEL) is the second largest manufacturer of aluminium foil in India and is expected to be a key beneficiary of the anti-dumping duty (ADD) announced on Chinese aluminium foil imports. We expect SMEL to generate ₹1-1.25 crore additional EBITDA over the next 2 years on the […]

The domestic markets are expected open with sharp gains on Tuesday amidst positive global cues. According to analysts, buying by foreign portfolio investors in recent days will help in market recovery. According to them, a proposal to double the investment threshold for granular disclosures by foreign portfolio investors (FPIs) to ₹50,000 crore by market regulator […]

The Securities and Exchange Board of India (SEBI), at its board meeting on Monday, decided to constitute a High-Level Committee to undertake a comprehensive review of conflicts of interest and disclosures by its board members. The release after the board meeting, the first by newly appointed chairperson Tuhin Kanta Pandey, said the HLC will “undertake […]

Reliance Industries Ltd informed the exchanges that its step-down wholly-owned subsidiary Nauyaan Tradings Pvt Ltd (NTPL), has completed the acquisition of a 74% equity stake in Nauyaan Shipyard Private Ltd (NSPL) from Welspun Corp Ltd for ₹382.73 crore. IndusInd Bank, grappling with a major accounting lapse, has appointed Grant Thornton Bharat to conduct a forensic […]

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 April 2020. The support at ₹620-600 is holding well as of now and the stock […]

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 door for further rally. That said, there is a chance for the stock to moderate […]

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 portfolio — which lends itself to a strong margin and return profile, high revenue per […]

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 regular steel products to a premier engineering solutions provider). The company has strategically shifted its […]

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 of Zero Coupon Zero Principal Bonds (ZCZP) will be utilised towards establishing modern emergency and […]

Sensex, Nifty Live updates on 21st March 2025: The stock of NTPC has been in an uptrend since October last year. It began falling after marking a record high of ₹448.30 on September 30. But in January, after falling to ₹296, the downtrend came to an end. The chart shows that the stock has rebounded […]

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 Bank Ltd. The BSE Sensex staged a strong rally, crossing the 76,000 mark for the […]

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 thank Ms. Nawaz Modi Singhania for her services as a Board member over the years.” […]

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 of the 3MW wind turbine generator (WTG) has been very encouraging. During our visit to […]

Steel stocks: The Directorate General of Trade Remedies (DGTR) has recommended the imposition of a provisional safeguard duty on Flat Steel Products. As per an overnight notification, the DGTR has proposed the imposition of a provisional 12% safeguard duty on Flat Steel products ad valorem for 200 days, pending final investigation. The industry had been […]

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 seamless pipes/tubes, thus taking the cumulative capacity to 46,800 tonnes. The company’s increased installed […]

Sensex, Nifty Live updates on 18th March 2025: The stock of Bikaji Foods International, which has been in a downtrend between October last year and February this year, found a base at ₹580 a month ago. It has been on a recovery since then and the stock has now moved above a trendline resistance. Also, […]

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 strength in financial and auto stocks, with Bajaj Finserv and M&M emerging as top gainers. […]

1 Nifty’s crucial resistance at 22,650 – Nifty remains weak below 22,650, with downside potential to 22,000-21,950. A break above 22,850 is needed for an uptrend toward 23,100  2 Nifty Bank stuck in 47,700-49,000 range – A breakout from this range will determine the next move. A fall below 47,700 may trigger a drop to […]

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 upgraded from “CARE A-; Stable” to “CARE A; Stable,” with the short-term rating improving from […]

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 or 0.33 per cent to 22,397.20. “Shortened trading week and sell-off in the US short […]

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 in pipeline; the upcoming pipeline predominantly includes WelcomHotel (42%) and Fortune (33%)  With 80 per […]

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 as the main applicant on loan documents. This approach not only empowers women but also […]

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 Korean company to tap the Indian stock market following the listing of Hyundai Motors India […]

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 14 days throughout this year. The BSE and the National Stock Exchange will resume operations […]

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 or 0.33 per cent to 22,397.20. “Shortened trading week and sell-off in the US short […]

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 people, ” he said, adding, “Blackstone did not have any rigid amount of asset allocation […]

Benchmark indices ended marginally lower on Wednesday after a volatile trading session, with the IT sector weighing heavily on market performance while banking and auto stocks provided some support. The Sensex closed at 74,029.76, down by 72.56 points or 0.10 per cent, while the Nifty 50 slipped 27.40 points or 0.12 per cent to end […]

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 Bank’s (IIB) stock take a beating on Tuesday. The bank’s stock lost more than a […]

Godrej Agrovet Limited announced today that it will acquire the remaining 48.06 per cent equity stake in Creamline Dairy Products Limited (CDPL) for ₹930 crore, making CDPL its wholly-owned subsidiary. The company’s board approved the acquisition during a meeting held on March 11, 2025. The shares of Godrej Agrovet Limited closed today at ₹739, down […]

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 delisting of the latter and its transformation into a wholly-owned subsidiary of the bank. Challenging […]

Stock markets retreated Monday as global trade war concerns snapped a brief recovery rally, with the benchmark Sensex falling 217.41 points or 0.29 per cent to close at 74,115.17, while the Nifty 50 dipped 92.20 points or 0.41 per cent to end at 22,460.30. The indices began the session on a positive note, with Nifty […]

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 monthly and quarterly contracts and Fin Nifty, MidCap Nifty and Nifty Next 50 monthly contracts […]

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. For over two months, the stock has largely remained in a sideways trend. Notably, there […]

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 has been in place since April 2020. A crucial support is in the ₹100-98 region […]

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 of market capitalisation across sectors are available at a deep discount ranging from 61 per […]

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 Madhabi Puri Buch had come under attack towards the end of her term after the […]

Star Health and Allied Insurance Ltd launched ‘SheTARA,’ a women’s health initiative providing free medical screenings across more than 40 locations in Tamil Nadu, coinciding with International Women’s Day on Friday. The shares of Star Health and Allied Insurance closed at ₹367, down by ₹1.95 or 0.53 per cent on the NSE today. The programme […]

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, LTTS has cemented its position in the engineering domain through the development of cutting-edge capabilities […]

Shares of Tata Steel soared 3 per cent as the metal index gained momentum following China’s plans to restructure the steel industry through output cuts. Tata Steel shares closed 2.87 per cent positive on the BSE at ₹150.35. On the NSE, the stock ended at ₹149.74, up 2.49 per cent. Nifty metal settled with a […]

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 in servicing its term loan obligations. ICRA has downgraded Gensol’s rating to ICRA D for […]

Benchmark BSE Sensex surged by 740 points, while the Nifty snapped a 10-day losing streak on Wednesday following value buying in utilities and power shares and a strong trend in global markets. The 30-share BSE Sensex surged by 740.30 points or 1.01 per cent to close at 73,730.23. The index jumped 943.87 points or 1.29 […]

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, quarterly and half-yearly contracts, Bank Nifty monthly and quarterly contracts and Fin Nifty, MidCap Nifty […]

Senores Pharmaceuticals Ltd announced on Tuesday the acquisition of 14 Abbreviated New Drug Applications (ANDAs) from Dr Reddy’s Laboratories through its wholly owned US subsidiary. The shares of Senores Pharmaceuticals Ltd closed at ₹564.10 on Tuesday up by ₹33.60 or 6.33 per cent on the NSE. The acquisition package includes 13 USFDA-approved applications and one […]

Wall Street’s main stock indexes closed sharply lower on Monday after President Donald Trump announced the start of 25% tariffs on Canada and Mexico, with the S&P 500 posting its biggest daily percentage decline since December 18. Stocks had already slipped after an ISM survey, and they extended losses after Trump said 25% tariffs on […]

The Oberoi Group announced its plans to develop two new resorts in Rishikesh in partnership with The Ladhani Group on Monday. The expansion includes an 80-key luxury Oberoi-branded resort with the “vilas” designation and a 120-key five-star Trident-branded hotel. Both properties will be situated on a 60-acre site bordered by the Ganges on three sides. […]

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 trade tariff concerns and foreign fund outflows, experts noted. In February alone, the NSE Nifty […]

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 benchmark gauge Sensex tanked 2,112.96 points or 2.80 per cent, and the NSE Nifty tumbled […]

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 India (AMFI) Summit, the commerce and industry minister Goyal said that there is still scope […]

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 2,154 beds in Q3FY25 to 2,800 beds by FY27. To maximise the potential of […]

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 power capacity is set to grow by 25GW by FY32F, which includes 11GW of capacity […]

D-Street witnessed a bloodbath on Friday with equity benchmark indices losing close to 2 per cent over concerns global trade tensions with US increasing tariffs, the latest being 10 per cent on imports from China. The market experienced a sharp decline amid heightened bearish sentiment largely influenced by weak global cues, according to Vinod Nair, […]

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 funds raised for capital expenditure, the use of working capital can be mismanaged, and it […]

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 0.04 per cent to 74,573.10, and Nifty 50 dipped 30.40 pts or 0.13 per cent to […]

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 approved the proposal to shut down the operations of MIC Insurance Web Aggregator, a subsidiary […]