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…

Rate-sensitive sectors rallied sharply during Friday’s trading session following the Reserve Bank of India’s decision to cut the repo rate by 50 basis points to 5.50 per cent. The Nifty Realty index led the gains, surging 4.49 per cent to 1,037.70, while the Nifty Auto and Nifty Financial Services indices…

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…

Markets extended their morning gains during afternoon trading on Thursday, with the Sensex climbing 665.50 points or 0.82 per cent to 81,663.75 and the Nifty advancing 208.10 points or 0.85 per cent to 24,828.30. The benchmark indices maintained their upward momentum from the opening session, where the Sensex had started…

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…

Equity benchmark indices trade in the consolidation phase amid mixed global cues and foreign fund outflows. Market experts believe that the investor sentiment is cautious but optimistic with global developments and upcoming RBI policy decisions influencing market movement. After a muted opening, Sensex rose marginally by 220.17 pts or 0.27…

 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…

Trade uncertainties, FPI outflows and selling pressure in financial and IT stocks continue to pull the market movement downward. Sensex tanked 740.51 pts or 0.91 per cent to 80,633.24, hitting a low of 80,575.09, and Nifty 50 fell 188.10 pts or 0.76 per cent to 24,528.50 as at 12.53 pm.…

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…

India’s stronger-than-expected GDP print is likely to boost market sentiment, confirming that the economic slowdown has been arrested. Nifty futures point to a mildly positive opening, despite weakness across Asia, as tariff-related concerns persist. All eyes will be on the central bank’s monetary policy on Friday and high-frequency economic indicators…

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),…

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…

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.…

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…

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…

Shares of Waaree Energies Limited were trading at ₹3,023.60 up by ₹6.50 or 0.22 per cent on the NSE today at 11 am. Waaree Solar Americas Inc. has signed a 586 MW solar module supply agreement worth $176 million with a leading US independent power producer, the company announced…

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 a delta-based ‘future equivalent’ open interest, and revised position limits…

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 from operations grew 10 per cent to ₹1,269 crore in…

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…

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 certificate of registration to ‘Jio BlackRock Mutual Fund’ and approved…

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 per cent stake in diversified conglomerate ITC Ltd to institutional…

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 Trump’s decision to extend the EU tariff deadline. The benchmark…

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 offer for sale (OFS). The floor price has been fixed…

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 updates: Find all the latest Q4 results 2025 updates for…

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…

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…

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…

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…

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 offer size of about 17.71 crore shares, the IPO received…

| Photo Credit: PAUL NORONHA India’s benchmark indexes are likely to open higher on Friday, after logging a decline of 1.65 per cent so far this week, although lingering concerns over foreign inflows and the US’ worsening fiscal health could limit gains. Gift Nifty futures were trading at 24,692.5 as…

Borana Weaves’ IPO opened on Tuesday at a price band of ₹205-216 and the entire offer is a fresh issue without offer-for-sale component The initial public offering (IPO) of Borana Weaves witnessed a robust response from all category investors, as the issue was subscribed 148.78 times. The ₹145-crore IPO received…

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 17.71 crore shares, the IPO received bids for 11.82 crore…

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 Jane Street to include other foreign portfolio investors (FPIs) for…

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 Weaves’ IPO that opened on Tuesday at a price band…

 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, reiterating its “less is more” investment philosophy focused on a…

The ₹145-crore initial public offering of Borana Weaves opens today at a price band of ₹205-216. The entire offer is a fresh issue of shares of 67.08 lakh shares from the company. Investors can bid for a minimum of 69 shares and in multiples thereof. The company has reserved up…

India’s largest depository had filed its draft prospectus with the SEBI in 2023 and received approval for the same in 2024 The National Securities Depository (NSDL) has reduced its initial public offering size, to 50.15 million shares compared to 57.26 million shares previously offered for sale, moving a step closer…

Domestic markets are expected to open on a cautious note on Monday amid weak global cues. Gift Nift at 25,070 signals a flattish opening, as analysts expect moderation in current “pullback” rally. Ajit Mishra – SVP, Research, Religare Broking, said:  With no major global or domestic events scheduled, market focus is…

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,…

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…

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…

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…

Target: ₹27,000 CMP: ₹31,559.45 We downgrade Shree Cement Ltd (SRCM) from Hold to Sell. SRCM trades at FY27E EV/EBITDA & EV/CE multiples of 16.2x/4.5x, making it amongst the richest valued cement stocks under our coverage. At 6.7/7.6 per cent (FY26E), SRCM’s RoE/RoCE don’t cover its cost of equity and…

IndusInd Bank has disclosed that a cumulative amount of ₹674 crore was incorrectly recorded as interest over three quarters of FY25 in its microfinance institution (MFI) business and that there were unsubstantiated balances aggregating to ₹595 crore in its “other assets” accounts The aforementioned disclosures have been made by India’s fifth…

Target: ₹1,307 CMP: ₹1087.35 During Q4FY25, SJS Enterprises reported a 7.3 per cent /7.2 per cent /24.1 per cent y-o-y increase in Revenue/EBITDA/PAT to ₹200.5 crore /₹51.0 crore /₹33.7 crore, respectively. During Q4, the company witnessed 9 per cent y-o-y growth in the automotive business compared to 5.7 per cent…

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 15th May 2025  06:38 | May 15, 2025 Technicals: Natural Gas: Can fall from here. Go short Natural Gas: Can fall from…

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,…

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…

Equity benchmarks tumbled on Tuesday as investors booked profits following Monday’s sharp rally, with IT stocks leading the decline. The BSE Sensex plunged 1,281.68 points or 1.55 per cent to close at 81,148.22, while the Nifty 50 fell 346.35 points or 1.39 per cent to end at 24,578.35. The selloff…

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…

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…

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…

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…

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…

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…

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…

Analysts attributed the equity inflow dip to geopolitical risks, including India’s tensions with Pakistan and global tariff uncertainties. Inflow into equity mutual funds was down 3 per cent last month to a one-year low of ₹24,269 crore, against ₹25,082 crore logged in March, as investors moved their money to hybrid…

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…

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…

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…

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…

 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…

Target: ₹71.10 CMP: ₹65.53 In Q4-FY25, IDFC First Bank Ltd reported strong growth in its loan book, rising 20/5 per cent on a y-o-y/q-o-q basis, with the retail segment growing at 16/4 per cent on a y-o-y/q-o-q basis and contributing about 69 per cent of the total loan book during…

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.…

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…

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,…

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…

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…

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…

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…

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…

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…

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…

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…

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 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…

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…

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…

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…

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…

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…

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…

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)…

Large aluminium steel rolls | Photo Credit: okeyphotos Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, announced today the successful delivery of 10,000 aluminium battery enclosures to Mahindra for their BE 6 and XEV 9e electric SUVs. The company also unveiled its new EV component manufacturing facility…

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…

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…

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…

IT stocks continued to outperform amid optimism that US-China trade tensions could ease. HCL Technology, Tech Mahindra, Infosys, Wipro and TCS led the gainers of Nifty 50 components, while Grasim Industries, Kotak Mahindra, HDFC Bank, Axis Bank and Eicher Motors declined. Sensex gained 324.69 points or 0.41 per cent to…

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,…

Markets maintained positive momentum during midday trading on Tuesday, shrugging off global concerns triggered by President Trump’s criticism of the Federal Reserve. The benchmark Sensex traded at 79,615.13, up 206.63 points or 0.26 per cent from its previous close, while the Nifty50 rose 54.50 points or 0.23 per cent to…

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,…

Shares of Tech Mahindra, IndusInd, Bajaj Finserv,Axis Bank, Trent and Infosys traded among top gainers of Nifty 50 components, while Adani Ports, HDFC Life, ITC, Hindustan Unilever and Bharti Airtel declined. Equity benchmark indices continued their upward trajectory, with significant buying of banking and IT stocks. Sensex rallied 1029.14 pts…

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…

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…

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…

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…

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…

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…

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…

Of all the 2,835 stocks that were traded on the National Stock Exchange, 1,870 of them advanced and 882 declined | Photo Credit: Brendan McDermid IT stocks continued to drag despite the broader market rebound intraday. After a flat opening, benchmark indices delivered sharp rebound in the mid-trading session. Sensex…

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…

File photo: Aditya Birla Real Estate The shares of Aditya Birla Real Estate Limited were trading at ₹1,896, up by ₹38.80 or 2.09 per cent on the NSE today at 1.20 pm. Birla Estates Private Limited, a wholly owned subsidiary of Aditya Birla Real Estate Limited, has achieved its highest-ever…

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,…

Realty and auto stocks continued to drive the market momentum. Among the Nifty 50 components, shares of IndusInd Bank, Larsen & Turbo, Tata Motors, Shriram Finance, Adani Enterprises and Adani Ports traded among major gainers. Only Nestle and ITC slipped to trade in red at the time of writing. The…

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…

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…

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…

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…

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…

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…

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…

Tata Group stocks soared on Friday as the equity benchmark indices edged higher in early trade on Trump pausing reciprocal tariffs. Shares of Tata Steel and Tata Motors gained 5-6 per cent, leading the Nifty 50 components. TCS stock rose 1 per cent in early trade following Q4FY25 results, before…

U.S. stock markets tumbled sharply Thursday, with the Nasdaq dropping over 5.7% and the Dow plunging more than 1,700 points, as investors reacted to renewed trade uncertainty.  | Photo Credit: ANDREW KELLY/Reuters Major stock indexes extended sharp declines and the dollar weakened further in midday Thursday trading, with the Nasdaq…

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.…

US markets surged on Wednesday after President Trump announced a 90-day pause on most tariffs, while sharply raising duties on Chinese imports to 125%. | Photo Credit: Wall Street’s main indexes jumped on Wednesday after U.S. President Donald Trump authorized a 90-day pause on tariffs, effective immediately. Trump declared a…

The real estate developer also reported record collections of ₹4,380 crore, up 41 per cent from the previous year. | Photo Credit: Rasi Bhadramani Signature Global (India) Limited announced its highest-ever annual pre-sales of ₹10,290 crore for fiscal year 2025, surpassing company guidance with 42 per cent year-on-year growth. The…

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…

Indian equity benchmark indices rebound on Tuesday after the bloodbath in the previous session. After opening higher at 74,000 level, BSE Sensex traded 704.17 points or 0.96 per cent positive at 73,842.07 as at 10.24 am. Nifty 50 gained 245.30 points or 1.11 per cent to trade at 22,406.90. All sectoral…

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…

Godrej Consumer Products Limited (GCPL) announced yesterday that it expects mid-single digit underlying volume growth (UVG) and high-single digit revenue growth for its standalone business in the fourth quarter of fiscal year 2025. The shares of Godrej Consumer Products Limited (GCPL) were trading at ₹1,160 up by ₹3.40 or 0.29…

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…

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…

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…

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…

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…

HDFC Bank reported particularly strong performance in retail loans and commercial and rural banking loans, which grew by approximately 9.0 per cent and 12.8 per cent respectively | Photo Credit: SHAILESH ANDRADE HDFC Bank shares climbed 1.74 per cent to ₹1,826.15 today, gaining ₹31.30 following yesterday’s disclosure of robust financial…

Target: ₹610 CMP: ₹641.90 Datamatics Global Services’ revenue beats our estimates, but EBIT misses. PAT rises on exceptional gain. Datamatics Global Services has shown moderate sales growth (6-9 per cent) over the past two years and faced margin pressures (from 16.6 per cent in FY23 to 13 per cent now)…

Pharma index surged over 4 per cent in early trade on Thursday after US President Donald Trump’s administration exempted pharmaceutical products from reciprocal tariffs. Market and industry experts see this as positive sign for Indian pharma companies. Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments, highlighted that the segment is…

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…

Shares of Waaree Energies and Premier Energies fell nearly 3 per cent in early trade after Bernstein initiated coverage on these solar stocks with an underperform rating. The global investment firm expects a deterioration in returns and rich valuations. It has set a target price of ₹1,902 on Waaree, implying…

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…

Stock markets traded on a mixed note on Tuesday, with the Sensex opening lower at 76,882.58 compared to its previous close of 77,414.92 and is currently at 77,171.12, down by 243.80 points or 0.31 per cent as of 9.40 am. Meanwhile, the Nifty opened lower at 23,341.10 against its previous…

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…

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 14 days throughout this year. Trading operations will resume tomorrow,…

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 is the single-largest shareholder in the debt-ridden Vodafone Idea with…

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…

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…

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…

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…

IndusInd shares, IREDA stocks today, BEL share price live news & updates: Why are these stocks in focus today? Scroll down for latest updates IndusInd shares are in focus following reports that external auditor PwC is likely to submit its report to the bank’s board today (March 28) regarding accounting…

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 the market, said analysts. “Despite the ongoing tug-of-war, continuous FPI…

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…

The surge in IPOs has become a critical wealth generation mechanism for UHNIs, with strategic stake-sales and IPO exits contributing substantially to their portfolios. Ultra-HNIs have allocated around a third of their portfolio to stocks, mutual funds and portfolio management schemes. Indian stock exchanges have witnessed an extraordinary surge in…

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…

Sajjan Jindal-led JSW Steel has emerged as the most valuable company globally with its market capitalisation touching $30.5 billion on Tuesday. It was ranked higher than the global steel companies such as US-based Nucor Corp and ArcelorMittal whose market-cap was at $29.4 billion and $26.9 billion. Nippon Steel Corp and…

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…

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,…

Domestic markets are expected to sustain the gains this week, the last one of this fiscal and which will also see settlement of F&O expiry of March series on the NSE.. Analysts expect volatility due to the derivative market. According to them, global sentiment will drive the market direction given…

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…

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…

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…

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…

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…

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 average trading price of Manappuram Finance. The deal will trigger…

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…

With less than two weeks to go before the launch of Special Investment Funds, most leading mutual funds have yet to file papers with market regulator SEBI seeking approval to launch the product. SEBI introduced the SIF framework to bridge the gap between MFs and portfolio management services. The new…

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…

Stock markets are expected to open positively amid mixed global cues on Wednesday. According to analysts, the recovery momentum will continue, and markets will remain in consolidation mode. Gift Nifty at 22,960 signals a positive start for Indian markets and a gain of about 75 points at the opening. Nifty…

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.…

Domestic markets are expected to open on flatfish to positive note on Tuesday, thanks to positive global cues. According to analysts, the market has digested most of the negative news but awaits positive cues to go up, it said. Uncertainty emanating from the US will be handled by market participants,…

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…

Domestic markets are expected to see a positive start after a long weekend. According to analysts, the fresh week will see further consolidation amid buying at lower levels and positive macroeconomic indicators. Gift Nifty at 22,555 signals a gap-up opening of 100 points for Nifty. Ajit Mishra, SVP, Research, Religare…

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…

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…

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…

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…

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…

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…

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…

NTPC has commissioned a 50 MW unit of Shajapur solar project in Madhya Pradesh, taking the group’s total installed and commercial capacity to 77,461.50 MW, a BSE filing said on Wednesday. “The second and last part capacity of 50 MW out of the 105 MW Shajapur Solar Project (Unit-I) in…

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…

Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Aether Industries. The stock has been moving up very well over the last couple of weeks. The share price has surged over 25 per cent in the past two weeks. The stock has been sustaining well above ₹885 recently.…

Target: ₹800 CMP: ₹788.30 We visited Anupam Rasayan’s plants based in Jhagadia and Surat, Gujarat, and also met Deputy CFO Vishal Thakkar. The plant at Jhagadia has units 4 & 5 and that in Surat has units 1, 2, 3, and 6. Most of the company’s plants are multi-purpose in…

https://play.google.com/store/apps/details?id=com.intelegain.rb Recent Interview… As of 18:33 PM Monday 10 March 2025 Hexaware Tech: R Srikrishna, CEO Company Has Consciously Decided Against Giving An Annual Guidance: Hexaware Technologies | CNBC TV18 Jana Small Fin: Ajay Kanwal, MD Jana Small Finance Bank: Authorized Dealer Forex License, Loan Book & Deposit Growth |…

Target: ₹790 CMP: ₹449.40 We recently hosted the management of PDS for an investor roadshow, represented by Pallak Seth (Promoter), Sanjay Jain (Group CEO) and Rahul Ahuja (Group CFO). The company provided insights on the growth strategy to achieve its 3-3-3 vision ($3 billion GMV over 3 years and delivering…

Sensex, Nifty, Share Prices LIVE: The stock of Zydus Lifesciences has been in a steady decline since August last year after facing resistance at ₹1,300. After witnessing some consolidation between ₹940 and ₹1,000 in December, it resumed the downtrend in January

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…

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…

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…

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…

Markets closed nearly flat on Friday, with key indices showing minimal movement despite the overall market capitalization reaching a five-day high of ₹39.9 lakh crore. The Sensex concluded at 74,332.58 while Nifty 50 settled at 22,552.50, virtually unchanged from the previous day, as investors maintained a cautious stance amid mixed…

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…

Hexaware Technologies announced a partnership with the San Francisco Unicorns cricket team that will extend through the 2026 Major League Cricket season. The IT solutions provider will serve as an Official Partner for the Bay Area team, with Hexaware branding appearing on players’ helmets, caps, and perimeter signage. Hexaware Technologies…

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…

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…

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…

Target: ₹2,180 CMP: ₹1,700.45 Dalmia Bharat Ltd (DBL) has announced capacity expansion plan of 6 MTPA Grinding and 3.6 MTPA Clinker unit costing Rs 3,520 Cr to be met out of internal accrual and debt. The company will establish a 3.6 MTPA clinker unit and a 3 MTPA grinding unit…

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…

February sales data boosted shares of TVS Motor, Eicher Motors, Mahindra & Mahindra on Monday, while Bajaj Auto, Ashok Leyland, Hero Motocorp and Maruti Suzuki depreciated.  Auto sector showed resilience despite weakened market sentiment. Nifty auto ended at 20,538.15, up 0.19 per cent. The index continued to experience pressure due…

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…

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,…

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…

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. …

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,…

Markets regulator SEBI has launched a centralised database portal for corporate bonds in a bid to create a single, authentic source of information on such securities. The portal, Bond Central, has been developed by the Online Bond Platform Providers Association (OBPP Association) in collaboration with Market Infrastructure Institutions (MIIs), which…

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…

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…

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…