Category: Digital Marketing

Euro Pratik Sales has announced a price band of Rs 235-247 apiece for its IPO, opening on September 16. The issue will close on September 18. Investors can bid for a minimum of 60 shares and in multiples thereafter. The IPO is entirely an OFS of up to Rs 451 crore by promoter and promoter…

Home services marketplace Urban Company raised Rs 854 crore anchor investors ahead of its IPO, opening tomorrow. The issue will close on September 12. According to a release put out, the company allocated 8.29 crore shares to investors at Rs 103 apiece, which is the upper price band of the IPO. Some of the marquee…

The Rs 401 crore Initial Public Offering (IPO) of Shringar House of Mangalsutra is set to open for subscription on Wednesday, September 10. In the grey market, the IPO is currently trading at a premium of 13% over its issue price of Rs 165 per share, indicating strong investor interest. The IPO will be open…

The Indian market ended higher on Monday, lifted by auto and metal shares, as optimism over sweeping GST tax cuts and China’s steel reforms supported sentiment alongside expectations of a Federal Reserve rate cut this month. The S&P BSE Sensex added 76.54 points, or 0.09%, to finish at 80,787.30, while the NSE Nifty 50 rose…

Shares of Eternal could rally as much as 12%, international brokerage Nomura said after raising the target price to Rs 370 per share, citing robust prospects for its quick commerce arm, Blinkit. Nomura has retained its Buy call on the stock. The brokerage expects Blinkit to achieve adjusted EBITDA breakeven by the fourth quarter of…

The Indian market ended flat on Friday, with profit booking in consumer and IT shares outweighing gains in autos after sweeping tax cuts were proposed under the “GST 2.0” overhaul. The S&P BSE Sensex slipped 7.25 points, or 0.01%, to close at 80,710.76. The NSE Nifty 50 edged up 6.70 points, or 0.03%, to settle…

Since the severe foreign exchange crisis of 1991, one word that has become familiar to every Indian household is foreign investment, or FDI. The primary role of foreign investment was to balance our balance of payments, provide additional capital to a capital-starved economy, and support the stability of our currency. The question today is whether…

Indian equity benchmarks wrapped up the week on a solid note, buoyed by strong domestic macroeconomic data and ongoing policy reforms. The Nifty gained 1.29% to settle at 24,741, while the Sensex climbed 1.13% to close at 80,710. The uptrend was broad-based, with midcap and smallcap indices outperforming, rising 1.8% and 2.5% respectively — a…

Turtlemint Fintech Solutions has filed its confidential Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) and the stock exchanges, according to a public announcement dated September 4, 2025. “The filing of the Pre-filed draft red herring prospectus shall not necessarily mean that the company will undertake the initial public…

Foreign investors may be retreating from Indian equities, but Kotak Mahindra AMC’s Nilesh Shah says the priority for India Inc. should remain growth and governance. In a post on microblogging site X (formerly Twitter) on Friday, Shah posed a series of rhetorical questions on the market’s shifting dynamics. “Since FPIs are underweight, will they campaign…

Mahindra & Mahindra shares emerged as the standout gainer in India’s auto sector after sweeping tax cuts under the new “GST 2.0” regime, with the stock suring up to 9% since Thursday as brokerages including Emkay Global, Jefferies, Motilal Oswal, and ICICI Direct said M&M is uniquely positioned to benefit from across-the-board rate reductions, from…

Asset quality concerns in the microfinance sector continue even as they have voluntarily capped borrowers’ access to a maximum of three lenders beginning this fiscal year. Data released by the Microfinance Institutions Network (MFIN) show Portfolio at Risk (PaR) in the 31–180 day bucket rose to 5.4% at the end of June 2025, compared with…

Flexible workspace provider Dev Accelerator has set the price band for its upcoming IPO at Rs 56 to Rs 61 per share. The IPO will open for subscription on September 10 and close on September 12. In the unlisted market, the company currently has no GMP, indicating subdued buzz for the IPO so far, though…

Sharvaya Metals, a manufacturer of aluminium products, on Wednesday said it has raised Rs 17 crore from anchor investors a day before its initial share-sale opening for public subscription on September 4. NAV Capital, Craft Emerging Market Fund, PCC-Citadel Capital Fund, Krushnam Nexus Capital Scheme I, Pentateam Inventure Capital Scheme I, Beacon Stone Capital VCC…

Shares of Apollo Micro Systems (AMS) continued their upward momentum for the fourth consecutive trading session on Wednesday, surging as much as 3.76% intraday to hit a new 52-week high of Rs 303. However, some profit booking was seen by mid-morning, with the stock trading 2% higher at Rs 298.40 as of 10:50 AM. AMS…

Indian headline indices surrendered early gains in a volatile Tuesday session, dragged lower in the final hour by auto and bank stocks. Nifty faced stiff resistance at the 21-EMA, triggering a sharp intraday decline. The Nifty ended at 24,579.60, declining by 45.45 points or 0.18%, Sensex closed at 80,157.88, falling 206.61 points or 0.26%. Here’s…

Bitcoin surged nearly 3% to trade near $110,203 on Tuesday. Meanwhile, Ethereum extended losses to trade at $4,383. “Bitcoin remains poised for a potential rally as market structure strengthens and spot demand builds. After a brief consolidation phase, liquidity indicators suggest renewed upward momentum. With institutional inflows picking up and volatility compressing, this dip is…

The Indian market ended higher on Monday, snapping a three-day losing run, as stronger-than-expected GDP data buoyed investor confidence, while investors also took some relief from a U.S. court ruling that deemed most of President Donald Trump’s tariffs illegal but kept them in place until mid-October. The BSE Sensex advanced 554.84 points, or 0.70%, to…

Over the past two years, largecap stocks have significantly outperformed the market, rewarding long-term investors. Since August 2023, 36 large-cap stocks have delivered gains of over 50%, with 11 of them more than doubling in value, rising between 100% and 230%. In comparison, the Sensex climbed 23% and the BSE Large Cap Index gained about…

India’s stronger-than-expected GDP growth for the June quarter may have been overestimated, according to HSBC India. The bank said low deflators could be exaggerating real growth numbers, adding that the way India’s statistical system adjusts for inflation, particularly in services and manufacturing, risks overstating output when price pressures are unusually soft. India’s economy grew by…

In the past week, nine penny stocks witnessed sharp declines ranging from 10% to 25%. These laggards were identified through a screening process that focused on stocks with a market capitalization below ₹1,000 crore, a share price under ₹20, and a minimum recent trading volume of 5 lakh shares. The approach highlights low-priced, actively traded…

On-demand supply chain asset pooling firm LEAP India has filed its Draft Red Herring Prospectus (DRHP) with Securities and Exchange Board of India (Sebi), seeking approval to launch its Initial Public Offering (IPO). The company plans to raise Rs 2,400 crore through the issue. About LEAP India IPO The offer, with a face value of…

Silver futures on the Multi Commodity Exchange (MCX) hit a new all-time high of Rs 1,17,250 per kilogram in September contracts on Friday, extending a powerful rally that has captured investor attention and even shifted focus away from gold. The surge comes on the back of robust industrial demand, investment inflows, and expectations of monetary…

Gold and silver bulls dominated trade just hours before Friday’s close, with MCX gold contracts jumping over Rs 1,600 per 10 grams and silver futures rallying Rs 1,900 per kg to fresh lifetime highs. The surge in domestic prices mirrored strength in global markets while the rupee weakness against the US dollar gave fresh impetus…

Former UK Treasury Commercial Secretary and ex-Chairman of Chatham House, Jim O’Neill, said India’s surprise tariff shock will test markets in the near term, but the country’s domestic-driven economy remains a strength in an uncertain global environment. Speaking to ET Now, O’Neill said the 50% tariff imposed on India has come as a major surprise….

The Indian market ended lower on Thursday, as banks and IT stocks bore the brunt of the selling, after the United States’ 25% additional tariffs on Indian imports took effect, rattling investor sentiment and setting the tone for the session. The BSE Sensex declined 705.97 points, or 0.87%, to finish at 80,080.57, while the NSE…

Shares of shrimp and textile exporters sank as much as 12% on Thursday after U.S. President Donald Trump’s 50% tariff on Indian imports came into force, eroding competitiveness and triggering a broad selloff in some of India’s most export-dependent companies. Shares of India’s leading shrimp exporters fell, with Avanti Feeds down 4% to Rs 614.05,…

Shares of MongoDB surged about 31% on Wednesday after the database software firm said its Atlas cloud service was seeing increasing usage as more customers build AI applications on the platform. MongoDB was set to add more than $5.2 billion to its $17.51 billion market capitalization. Generative AI apps process vast amounts of unstructured data,…

The ongoing tariff tensions may be grabbing headlines, but their actual impact on India’s economy will remain limited, according to Varun Saboo, Head–Equities at Anand Rathi Shares. Speaking to ET Now, Saboo said India has handled the situation with restraint and is leveraging new trade partnerships to offset potential risks. “While tariff talk has created…

Fitch Ratings has upgraded JSW Infrastructure’s credit rating to ‘BBB-’ from ‘BB+’ and assigned its outlook as stable, marking a significant milestone in the company’s investment grade category. Affirming the ratings, Fitch said it expects that JSW Infra’s leverage, measured by gross debt/EBITDA, will remain below 3.5x (financial year ending March 2025 (FY25): 2.1x) over…

With just one day to go before the proposed 50% tariffs come into effect, India is bracing for a stormy phase in its trade relations with the United States. According to noted economist Swaminathan Aiyar, this dispute has already gone beyond trade and slipped into the realm of foreign policy. “Mr Trump is clearly trying…

Rachit Prints Ltd, a Meerut-based speciality fabric manufacturer, on Monday said it has fixed the price band at Rs 140-149 per share for the Rs 19.5 crore IPO, which will open for subscription on September 1. The initial public offering (IPO) will conclude on September 3 and the shares of the company will be listed…

Nitin Raheja explained that new-age tech firms are being rewarded for evolving toward profitability. He highlighted that many have converted into platform businesses, expanding their total addressable market. Leaders in each segment, he said, could control 70–80% of the market.

The Indian market ended lower on Friday, halting a six-day winning run, as investors turned cautious ahead of Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole symposium and braced for fresh U.S. tariffs on Indian goods, amid other headwinds weighing on sentiment. The BSE Sensex fell 693.86 points, or 0.85%, to close at…

Amanta Healthcare will launch its IPO on September 1. The book-building issue of 1 crore equity shares is entirely a fresh issue. The subscription window will close on September 3, with allotment expected on September 4 and a tentative listing date on September 8 on the BSE and NSE. Price Band The company has not…

Private lender Yes Bank on Saturday said the Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% of the bank’s paid-up share capital and voting rights. Importantly, RBI has clarified that following this acquisition, SMBC will not be classified as a promoter of Yes Bank. The bank…

Tata Capital is preparing a $2 billion initial public offering ahead of the Reserve Bank of India’s September 30 listing deadline, but sentiment in the unlisted market seems to have cooled, with the company’s unlisted shares slipping more than 8% over the past month. The stock is currently trading around Rs 795 in the unlisted…

Speaking to a Senate Committee in 1987, then Federal Reserve Chairman Alan Greenspan said, “If I seem unduly clear to you, you must have misunderstood what I said.” I wonder if current Fed Chair Jerome Powell is thinking the same thing. In a widely-anticipated speech at the central bank’s annual retreat in Jackson Hole, Wyoming,…

Pune-based finfluencer Avadhut Sathe, who has reportedly come under the Securities and Exchange Board of India’s scanner after a search at his Karjat academy this week, is known as much for his trading lessons as for the unique way he delivers them, breaking into dance mid-lecture, pointing at charts on giant screens, and urging students…

Norway-based Norges Bank bought over 14.62 lakh shares worth Rs 158 crore in Clean Science and Technology via block deal on Thursday. Nippon India Mutual Fund, SBI Mutual Fund and Bajaj Allianz Life Insurance Company were also buyers in the bulk deals where promoters Asha Ashok Boob and Ashok Ramnarayan Boob together sold over 1.9…

Mahendra Jajoo, in an interview with ET Now, explained that GST rate cuts may lead to some revenue loss, but the overall fiscal impact is expected to remain limited. He highlighted that robust GST collections, a higher-than-budgeted RBI dividend, and strong PSU dividends are cushioning the gap. According to him, the effect on the fiscal…

Subodh Runwal-promoted Runwal Enterprises, a Mumbai-based real estate developer, has received the Securities and Exchange Board of India (SEBI) approval to launch an initial public offering (IPO) worth Rs 1,000 crore. According to the regulator’s filing, the proposed IPO will be a fresh issue of equity shares with a face value of Rs 2 each…

Bowman acknowledged risks from rapid technological change but stressed that regulators must also recognise the potential benefits. She warned that being overly cautious could hinder the banking sector and allow new technology to bypass traditional finance. (Disclaimer: This slideshow has been sourced from Reuters)

The Indian market ended in the green on Tuesday, extending their rally, lifted by heavyweights Reliance Industries and Bharti Airtel, as optimism over potential goods-and-services tax (GST) reforms and tentative signs of progress in Russia-Ukraine peace talks buoyed sentiment. The S&P BSE Sensex climbed 370.64 points, or 0.46%, to close at 81,644.39, while the NSE…

“If we take a step back, something has changed fundamentally compared to how the oil markets viewed the situation before last Friday’s summit between Trump and Putin. The summit and subsequent events, including Trump involving Zelenskyy, have altered the outlook. Until last Friday, the focus was on a potential ceasefire, which I viewed as a…

Gem Aromatics, a manufacturer of speciality ingredients, on Monday mobilised over Rs 135 crore from anchor investors, ahead of its initial public offering (IPO) opening for subscription. Some of the institutions that participated in the anchor round includes Citigroup Global, Societe Generale, Goldman Sachs, Nippon India Mutual Fund, SageOne, Nuvama, and Niveshaay Sambhav Fund, according…

Shares of Bajaj Finance and Bajaj Housing Finance surged up to 7% on Monday, as investors piled into financial stocks on hopes of potential Goods and Services Tax (GST) cuts and relief from India’s first sovereign credit rating upgrade in nearly two decades. Bajaj Finance rose as much as 6.7% to Rs 919.15 on the…

The Indian market was closed for a national holiday on Friday. On Thursday, the Sensex and Nifty closed higher, breaking a six-week losing run driven by trade tensions and muted quarterly earnings, with gains in Infosys after it agreed to buy a stake in Australia’s Versent Group. Investor caution persisted ahead of Russia-U.S. talks on…

InCred Capital has highlighted ten high-conviction ideas in the midcap and smallcap space, with potential upsides of up to 67%. The brokerage sees strong growth triggers across logistics, pharma, fertilisers, specialty chemicals, retail, packaging, and spirits, backed by sectoral demand and structural tailwinds. Here are the 10 stocks that InCred believes can deliver outsized returns.

Foreign Institutional Investors (FIIs) have been net sellers in August so far, offloading equities worth Rs 20,975 crore. In this holiday-truncated week, FPIs sold Indian equities in each of the four trading sessions. They sold shares worth Rs 10,173 crore during the week. On Friday, FIIs outflows stood at Rs 1,926.8 while the domestic institutional…

The recent upgrade of India’s sovereign rating by S&P to BBB with a Stable Outlook is poised to be a game-changer for the country’s corporate bond market, according to Vishal Goenka, Co-Founder of IndiaBonds.com. He believes the move will not only unlock lower international funding costs for large Indian corporates—whose ratings are often capped by…

Shares of UnitedHealth Group surged more than 9% on Friday after a fresh investment from billionaire Warren Buffett’s Berkshire Hathaway boosted investor confidence in the troubled health conglomerate. The company is dealing with multiple challenges that have emerged in the last two years, including rising costs, a federal investigation into its government-backed health plans, a…

As India marks its 79th Independence Day on August 15, 2025, smallcap stocks tell a striking story. Over the past year, 21 smallcaps more than doubled investor wealth, delivering returns above 100% despite market volatility.All 21 stocks have FII backing, highlighting growing overseas interest, while strong retail participation signals domestic confidence. Notable performers include CarTrade…

Microfinance company Spandana Sphoorty Financial suffered a consolidated net loss of Rs 360 crore in the first quarter of the fiscal, making it the fourth consecutive quarterly loss, on account of high asset quality stress and drop in business volume as well as income. The lender had earned a consolidated net profit of Rs 56…

RSB Retail India, formerly RS Brothers Retail India, a multi-brand retail chain with a strong presence in South India, is set to file its draft red herring prospectus (DRHP) with market regulator Sebi soon to raise around ₹1,500 crore through an initial public offering (IPO), said people familiar with the matter. The issue is expected…

The Indian market ended higher on Wednesday, led by gains in auto and financial stocks, as softer U.S. retail inflation bolstered bets on a Federal Reserve rate cut in September and signs of easing domestic price pressures lifted investor sentiment. The benchmark BSE Sensex rose 0.38% or 304.32 points to close at 80,565 and the…

“I do not see inflation getting better—it’s not improving; it’s accelerating and remains above the Fed’s 2% target. So this idea that the Fed will cut interest rates in September—I have no idea what it’s based on. The S&P may be at an all-time high, but I keep telling my clients: stay away. It’s superbly…

Indian headline indices ended Tuesday on a weak note dragged by banking and financial stocks even. HDFC Bank and ICICI bank were major spoilers. While Nifty declined 221.75 points or 0.4% to close at 24,487.40, the 30-stock S&P BSE Sensex finished at 80,235.59, falling by 368.49 points or 0.46%. Here’s how analysts read the market…

“Obviously, the markets are beginning to realise that every time Trump blinks or changes his mind, it just adds another big question mark. As for today’s market, I don’t think this move will have much impact. The major focus will be on the inflation data,” says Peter Cardillo, Spartan Capital Securities. What do you make…

Indian headline indices ended Monday on a strong note led by strong action in bank and auto stocks with able support from IT stocks. While Nifty gained 221.75 points or 0.91% to close at 24,585.05, the 30-stock S&P BSE Sensex finished at 80,604.08, gaining by 746.29 points or 0.93%. Here’s how analysts read the market…

Shares of Siemens Ltd tumbled 2.16% to their day’s low of Rs 2,965.20 on the BSE on Monday after the company reported a 3.1% year-on-year (YoY) decline in its profit after tax (PAT) for the June quarter (Q3FY2025). PAT came in at Rs 423 crore, compared to Rs 437 crore in the same period last…

The Nifty continued its corrective spell for the sixth straight week, a losing streak not seen in over five years, as the index drifted lower within a relatively narrow range. The week saw Nifty oscillate in a 398-point range between 24,736 on the higher side and 24,337 on the lower side, reflecting muted volatility and…

The National Securities Depository Limited’s (NSDL) blistering 62.5% rally in the three days since listing has delivered windfall mark-to-market gains for early institutional investors, with SBI, IDBI Bank, and SUUTI reaping a 650-bagger in their portfolios. NSDL lived up to its pre-IPO hype, with shares issued at Rs 800. The stock surprised even bullish investors,…

Technocraft Ventures, a wastewater treatment solutions provider, has filed draft papers with capital markets regulator Sebi to mobilise funds through an initial share sale. The initial public offering (IPO) is a combination of fresh issuance of up to 95.05 lakh equity shares and an offer for sale of up to 23.76 lakh shares by promoter…

Motilal Oswal’s MOSt Signature model portfolio continues to follow a high-conviction approach, investing in 20 carefully selected stocks—each with a 5% allocation. The idea is to strike the right balance between maximizing upside and managing risk. The portfolio is reviewed and rebalanced every month to adapt to changing macro trends and earnings updates, with the…

Centum Electronics promoter on Friday sold a 4.53 per cent stake in the company for Rs 153 crore through an open market transaction. According to the bulk deal data on the BSE, Mallavarapu Venkata Apparao — one of the promoters of Centum Electronics — offloaded 6.65 lakh equity shares, amounting to a 4.53 per cent…

“So, DII buying is likely to continue supporting the market today. Additionally, some of the results announced post-market hours have been positive—like strong consumption numbers from Titan, for example—which bodes well for the domestic economy,” says Sunil Subramaniam, Market Expert. On a technical level, we’ve already seen five weeks of lows and that the sixth…

Biocon posted a 95% year-on-year decline in reported net profit in the first quarter ended-June. However, the company claims to have on a like-for-like basis booked a 65% increase in profit after tax, after adjusting for the one-time divestment gains it made in the same quarter a year ago from the sale of metabolic, oncology…

Bajaj Auto shares slipped nearly 4% to Rs 7,879 in Thursday’s intraday trade on the BSE, even after the automaker reported its Q1 results for FY26. The company posted a consolidated profit after tax (PAT) of Rs 2,210 crore, up from Rs 1,942 crore in Q1FY25 — a 14% year-on-year (YoY) increase. Revenue from operations…

Bond yields rose on Wednesday with the 10-year benchmark government security climbing nine basis point higher, its sharpest rise in nearly two years, amid low probability of rate cut in October, dealers said. The Reserve Bank of India’s MPC kept policy repo rate on hold, while refraining from any dovish commentary, indicating a low probability…

Capital market stocks continued to reel under selling pressure for the second straight day on Wednesday, sliding up to 3.5%, as investor sentiment remained weak amid ongoing concerns over potential regulatory tightening by India’s market watchdog. The persistent decline comes in the wake of reports suggesting that SEBI may introduce measures to curb speculative activity…

Pharmaceutical firm Medistep Healthcare is set to raise a little over Rs 16 crore through its initial public offering (IPO), which opens for subscription on August 8. The company’s maiden public issue will conclude on August 12. The shares are scheduled to be listed on the NSE SME platform on August 18, Medistep Healthcare said…

“Right now, both sides are pretty entrenched. I expect more negotiations. There’s an American delegation coming to India later this month, so discussions are ongoing at the official level. But at some point, perhaps Modi and Trump need to meet—we haven’t yet seen executive-level engagement. Maybe that could help cool things down,” says Santosh Rao,…

Mumbai: Tata Capital, the non banking finance company of the salt to aviation Tata Group has filed for an initial public offering (IPO), draft papers filed with the regulator late on Monday evening showed. The financial services company will issue up to 210 million new shares, while existing shareholders led by Tata Sons and also…

Shares of Sarda Energy & Minerals jumped as much as 20% on Monday to Rs 527.10 on the BSE after the company posted a sharp rise in first-quarter earnings, with net profit more than doubling on the back of strong revenue growth and higher margins. Sarda Energy reported a 118.5% year-on-year rise in consolidated net…

Several companies have consistently rewarded shareholders with healthy dividend payouts over the last three financial years, according to data from SBI Securities. The dividend yield, calculated using closing stock prices as of 31st July 2025, reflects the companies’ commitment to returning value to investors across FY22, FY23, and FY25/24. Here’s the list:

We are now exactly at the halfway mark of the earnings season. Among BSE 500 companies, nearly 50% have declared their results for the June quarter. So far, the earnings trend has been underwhelming — far from anything to write home about. Of course, no one expected blockbuster results this quarter. Even on that muted…

New York based Avenue Capital Group, State Bank of India (SBI), Singapore’s GIC owned Lathe Investment and Federal Bank will sell an aggregate of 10.54 crore shares in Arcil Ltd in what will be the first initial public offer (IPO) for a bad loan aggregator in India. The company filed its Draft Red Herring Prospectus…

Warren Buffett, CEO of Berkshire Hathaway, has been quietly reducing exposure to a range of holdings in 2025, with a particular focus on trimming his financial sector bets. While Buffett rarely comments on specific sales, the magnitude and pattern of the disposals have raised eyebrows, especially given his oft-quoted line that his “favourite holding period…

Sebi on Friday said it has proposed to tighten the norms to appoint independent third-party reviewers or certifiers for green debt securities to align them with requirements for other ESG-linked bonds. In a draft circular, Sebi said that the current norms for green bonds, introduced in February 2023, lack detailed requirements around reviewer independence, conflict…

The initial public offering (IPO) of M&B Engineering was subscribed 3.5 times as of 10:12 am on Friday, the third and final day of bidding. The issue received bids for 3.43 crore shares against 97.98 lakh shares on offer. Retail investors led the demand with a 10.81 times subscription, followed by non-institutional investors (NIIs) at…

PB Fintech which operates fintech platforms Policybazaar and Paisabazaar on Thursday reported a 41% year-on-year growth in its Q1 net profit of Rs 85 crore versus Rs 60 crore reported in the year ago period. The profit is attributable to the owners of the company. The company’s consolidated operating revenue grew at 33% to Rs…

The initial public offering (IPO) of National Securities Depository Limited (NSDL), India’s first and largest depository, experienced strong investor interest on its second day, with the subscription reaching nearly twice the number of shares available. The IPO was open for subscription from July 30 to August 1. The IPO’s grey market premium (GMP) currently stands…

Hi, you’re listening to ET Markets Radio, I am your host Neha V Mahajan.Welcome to a fresh episode of ET Market Watch — where we bring you the latest news from the world of stock markets every single day. Let’s get to it: Indian markets closed slightly higher on Wednesday, lifted by Larsen & Toubro,…

Thursday, July 30, marks an important day for income-seeking investors as several companies have declared their interim or final dividends, and today is the last trading day to be eligible for these payouts. Among the prominent names, Bharat Petroleum Corporation Ltd (BPCL) and Coforge Ltd stand out with notable dividend announcements. State-run oil marketing company…

The Indian market ended in the green on Tuesday, snapping a three-day losing streak, as value buying in blue-chip names like Reliance Industries and HDFC Bank buoyed sentiment and tempered concerns over persistent foreign outflows and delays in a potential trade deal with the United States. The BSE Sensex rose 446.93 points, or 0.55%, to…

Deepak Shenoy, Founder & CEO, Capitalmind MF, says despite market dips driven by financial sector concerns, fluctuating government spending, and initial job losses from new technologies, the economy appears fundamentally sound. While acknowledging short-term anxieties, Shenoy anticipates a market recovery as these temporary issues subside and government spending resumes. The underlying economy’s strength should ultimately…

The Indian market ended in the red on Monday, as weak quarterly earnings, stalled trade negotiations with the U.S., fresh layoffs in the IT sector, and continued foreign investor outflows weighed heavily on market sentiment. The 30-stock Sensex index fell 572.07 points or 0.7% to close at 80,891.02, while the Nifty had dropped 156.10 points…

Shares of Premier Energies fell as much as 2.8% on Monday, July 28, to Rs 1,061.05 on the BSE after the company posted its June 2025 quarter results over the weekend, showing a strong jump in profit as well as revenue. Premier Energies reported a 10% year-on-year rise in revenue to Rs 1,820.7 crore for…

The Indian market closed at a one-month low on Friday, extending its longest weekly losing streak of 2025 amid a broad market sell-off triggered by weak corporate earnings, persistent foreign outflows, and global trade uncertainties. The 30-stock BSE Sensex dropped 721 points, or 0.88%, to finish at 81,463, while the NSE Nifty slipped 225 points,…

The IPO market is bracing for a blockbuster week starting July 29 with 14 new issues lined up across mainboard and SME platforms. The combined fundraising target crosses Rs 7,000 crore, led by marquee names like National Securities Depository Ltd (NSDL) and Aditya Infotech, while several SME offerings aim to ride the retail frenzy. The…

The Golden Thumb Rule: Ajit Menon on retirement planning | Tuesday July 29

“So far, there have been broad disappointments—except perhaps refining margins, which have performed better. But overall, margins have declined across most sectors. Even in banking, we’ve seen higher provisions and lower margins due to rate cuts. So overall: disappointing earnings, high valuations, and unsupportive global cues—that’s the current story of the Indian markets,” says Ajay…

Goldman Sachs on Friday bought nearly 9 lakh shares worth Rs 200 crore in Authum Investment & Infrastructure (AIIL) via a bulk deal. The shares were bought by its affiliate Goldman Sachs (Singapore) Pte at a price of Rs 2,250 apiece which was a 20% discount over the Thursday closing price. Authum Investment shares today…

Brokerages remain bullish on select stocks from the Nifty Microcap 250 index, projecting healthy upside potential across sectors. According to data from Trendlyne, these 10 stocks have strong analyst ratings and could deliver returns of up to 55%. Here’s a look at the top picks:

Hi, you’re listening to ET Markets Radio, I’m your host Neha V Mahajan.Welcome to a fresh episode of ET Market Watch, where we bring you the top stories from Dalal Street every single day. Here’s what made the markets tumble: Indian benchmark indices ended sharply lower today.The BSE Sensex fell 542 points to close at…

Natco Pharma shares slipped 2.5% to Rs 1,009 apiece on the BSE in Thursday’s trade after the company announced its plan to acquire a 35.75% stake in South Africa-based Adcock Ingram Holdings (AIHL) for $226 million (approximately Rs 2,000 crore). The proposed all-cash deal involves acquiring nearly 36% of AIHL from minority shareholders. Natco said…

Syngene International, a subsidiary of Biocon, reported 11% year-on-year increase in its first quarter revenue from operations to Rs 875 crore, while net profit for the period surged 59% to Rs 87 crore. A top company official attributed it to continued conversion of pilot programs into longer-term contracts within the firm’s research services business. “In…

NEW DELHI: Fertilisers stocks were trading higher on Wednesday at 10:40AM Paradeep Phosphates Ltd.(up 5.23%), Mangalore Chemicals & Fertilizers Ltd.(up 2.99%), Khaitan Chemicals & Fertilizers Ltd.(up 2.00%), Southern Petrochemicals Industries Corporation Ltd.(up 1.82%), Bohra Industries Ltd.(up 1.59%), Chambal Fertilisers & Chemicals Ltd.(up 1.41%), Zuari Agro Chemicals Ltd.(up 1.10%), Madras Fertilizers Ltd.(up 0.64%), Agro Phos India…

Dixon Technologies expects its operating margins to improve by 120-130 basis points in FY26 and go up even higher in FY27 after a full ramp-up of its new component business, with management expecting to more than compensate for the loss in PLI sops after the scheme ends next year. Revenues from its mobile business in…

Nitin Raheja, Executive Director – Head Discretionary Management, Julius Baer Wealth Advisors, says Q1 earnings suggest a challenging period for the Nifty’s breakout, constrained by current valuations. The government’s consideration of increased spending signals concerns about faltering growth, as supply-side measures have a delayed impact. This frontloading through spending aims to counteract the challenging Q1,…

The Indian market ended higher on Monday, buoyed by stronger-than-expected earnings from banking heavyweights HDFC Bank and ICICI Bank. However, gains were tempered by a decline in Reliance Industries, amid concerns over weakness in its oil-to-chemicals and retail businesses. The Sensex added 442.61 points, or 0.54%, to close at 82,200.34, while the NSE Nifty advanced…

NEW DELHI: HDFC Bank(Rs. 904.66 crore), RIL(Rs. 819.92 crore), ICICI Bank(Rs. 800.06 crore), BSE(Rs. 495.48 crore), Axis Bank(Rs. 474.28 crore), Mastek Ltd(Rs. 405.21 crore), Dixon Tech(Rs. 359.66 crore), Guj Mineral Dev.(Rs. 322.80 crore), Au Small Fin Bank(Rs. 315.47 crore) and Tilaknagar Ind(Rs. 309.92 crore) were among the most traded securities on the National Stock Exchange…

The base metals market is navigating a complex web of economic and geopolitical forces. Aluminium and copper—two of the most critical industrial metals—are experiencing heightened price volatility, driven by U.S. trade policies, currency fluctuations, geopolitical tensions, and shifting supply-demand dynamics in China. U.S. Trade Tariffs: A Double-Edged Sword The United States, under President Donald Trump’s…

Gandhinagar-based EPC player Savy Infra & Logistics on Sunday said it has fixed the price band at Rs 114-120 per equity share for its Rs 70 crore initial public offer, which will open for public subscription on July 21. The initial public offering (IPO) will conclude on July 23, and the company’s shares will be…

India Cements on Saturday reported a consolidated net loss of Rs 131 crore for the June quarter compared to the profit of Rs 71 crore in the year-ago period. The company’s revenue stood at Rs 1,025 crore, marginally lower than Rs 1,027 crore in the corresponding quarter of the previous financial year. The performance also…

Warren Buffett once bet big on ketchup and mac & cheese, hailing the merger of Heinz and Kraft Foods in 2015 as a chance to bring iconic brands together. A decade later, Kraft Heinz is considering breaking itself up, and what was meant to be a landmark deal for the Oracle of Omaha has turned…

IndusInd Bank will consider a proposal to raise funds by issuing long-term bonds at its board meeting on July 23, the Indian lender said on Friday. The board will consider issuing the bonds on a private placement basis and whether to increase capital through depository receipts and qualified institutional placements. The bank took a $230…

NEW DELHI: JP Power(number of shares traded: 10.62 crore), Vodafone Idea(number of shares traded: 8.27 crore), GTL Infra(number of shares traded: 5.46 crore), RattanIndia Power (number of shares traded: 3.40 crore), Alok Industries(number of shares traded: 2.53 crore), PC Jeweller(number of shares traded: 2.37 crore), Magellanic Cloud(number of shares traded: 2.28 crore), Excel Realty N…

The Initial Public Offering (IPO) of workplace solutions provider IndiQube Spaces Limited will open on Wednesday July 23, Wednesday and close on July 25, Friday, company’s Red Herring Prospectus (RHP) showed. The public issue comprises a fresh issue of Rs 650 crores and an Offer for Sale (OFS) of Rs 50 crores. The window for…

NEW DELHI: Quite a few stocks rose in excess of 10% on BSE as domestic equity indices, BSE Sensex and NSE Nifty, traded in the red on Thursday amid selling in frontline bluechip counters. Stocks that rallied over 10% included, Orient Abrasive(14.22%), LE Travenues Techno(14.09%), Smartworks Coworking(12.28%), Superior Ind(11.72%), Bhartia Bachat(11.42%) and Hinduja Global(11.30%). The…

The board of Reliance Infrastructure on Wednesday approved a Rs 6,000 crore fundraising plan through the Qualified Institutional Placement (QIP) and other modes. The Anil Ambani-promoted company plans to raise funds through the issuance of equity shares or equity linked instruments to qualified institutional buyers (QIBs). The company informed about the development via filing to…

NEW DELHI: Several stocks plunged in excess of 5 per cent in Mumbai trading on Wednesday even as equity benchmark BSE Sensex traded 144.22 points down at 82426.69 amid brisk selling in frontline bluechip counters. On the BSE, Diggi Multitrade(down 17.59 per cent), Dynamic Cables(down 7.69 per cent), Oasis Sec(down 7.63 per cent), Fervent Syn(down…

The Indian market snapped a four-day losing streak on Tuesday, ending higher as a softer-than-expected domestic inflation print buoyed market sentiment. Gains were seen across most sectors, although a weak margin outlook from HCL Tech tempered the overall advance. The Sensex rose 317.45 points, or 0.39%, to close at 82,570.91, while the Nifty 50 gained…

NEW DELHI: The Nifty Bank index traded positive around 10:19AM(IST)on Tuesday in an upbeat market. IndusInd Bank Ltd.(up 2.06 per cent), Punjab National Bank(up 1.74 per cent), State Bank of India(up 1.22 per cent), Bank of Baroda(up 1.15 per cent) and Canara Bank(up 1.09 per cent) were among the top gainers. IDFC First Bank Ltd.(down…

The Indian market extended its decline for a fourth consecutive session on Monday, as concerns over weak quarterly results from information technology firms weighed on sentiment. Gains in other sectors failed to offset the broader weakness, with investor mood further dampened by escalating global trade tensions, continued foreign fund outflows, and uncertainty around tariffs. On…

Shares of NCC Ltd jumped 2.3% to their day’s high of Rs 227 on the NSE on Monday, July 14, after the company announced securing a major work order worth approximately Rs 2,269 crore from the Mumbai Metropolitan Region Development Authority (MMRDA). The contract pertains to works for the Mumbai Metro Line 6 project, specifically…

The Indian market extended losses for a second consecutive week on Friday, dragged down by concerns over a delayed U.S. trade deal and disappointing quarterly results from Tata Consultancy Services. The Nifty 50 declined 1.22% to close at 25,149.85, while the BSE Sensex slipped 1.12% to 82,500.47 for the week. On the day, the Nifty…

As the Q1FY26 earnings season begins, the first half of 2025 has laid down an exceptionally volatile foundation. The period was marked by elevated geopolitical tensions and international economic hostilities. This environment triggered intense market volatility, with the S&P 500 VIX soaring above 50% and India’s VIX surpassing 20%. Alongside the volatility came deep economic…

For 2025 so far, inflows show a negative figure of Rs 1,00,443 crore, highlighting sustained selling pressure from foreign investors, especially during January and February. In the latest sign of weakness, Foreign Portfolio Investors (FPIs) have pulled out Rs 555 crore from Indian equities in July up to the 11th, according to NSDL data. This…

“Looking at the put-based concentration, Nifty is currently trading below the major put base at 25,300. On the call side as well, major writers have shifted their positions to the 25,300 and 25,200 strikes. This clearly indicates that we may witness further pressure if Nifty continues to trade below the 25,300 level next week. That…

State-run BEML’s board will meet on Monday, July 21, 2025 to consider a split of its equity shares. The company did not mention the proportion of the stock split. The trading window will remain closed from July 1 till 48 hours after declaration of financial results, the board meeting for which shall be intimated in…

NEW DELHI: Power stocks were trading higher on Friday at 09:59AM Jaiprakash Power Ventures Ltd.(up 5.22%), Power and Instrumentation(Gujarat)Ltd.(up 5.00%), ACME Solar Holdings Ltd.(up 4.16%), Orient Green Power Company Ltd.(up 2.96%), Reliance Power Ltd.(up 2.18%), India Power Corporation Ltd.(up 2.05%), RattanIndia Power Ltd.(up 1.79%), PTC India Ltd.(up 1.66%), NHPC Ltd.(up 1.16%) and Karma Energy Ltd.(up…

Shares of Kirloskar Ferrous Industries have rebounded 29% in the last three months thereby reducing the one-year fall to 22%. Analysts are optimistic about the company’s capacity expansion and cost‐saving initiatives. It has planned a capital expenditure of Rs 500–600 crore for the current financial year, directed largely towards expanding the steel plant and enhancing…

The earnings bloodbath may finally be ending. As TCS fires the starting gun on Q1 results season today, market veterans are calling time on the brutal downgrade cycle that has plagued earnings expectations for quarters, with midcaps emerging as the heroes of the season. This is the “crossover quarter” that could change everything. After months…

Smartworks Coworking Spaces has raised Rs 173.64 crore from anchor investors ahead of its initial public offer (IPO). In a regulatory filing on Wednesday, Smartworks finalised the allocation of 42,66,378 equity shares to anchor investors at Rs 407 per equity share. Out of the total allocation of 42,66,378 shares to the anchor Investors, 32.04 per…

In the Nifty 500 pack, 5 stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on July 8, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as…

Germany’s longer-dated bond yields hit six-week highs on Tuesday, as an absence so far of additional U.S. tariffs on the European Union left markets to focus on European spending and borrowing. That attention on borrowing was underscored on Tuesday by a series of bond auctions in Europe, while a rise in Japanese yields added further…

Key benchmark equity indices, Sensex and Nifty50, opened flat on Tuesday amid caution due to uncertainty over U.S. trade policies, as President Donald Trump announced steep import tariffs on several trading partners while signalling that a deal with India was close. At 9:30 am, the BSE Sensex up 56 points, or 0.07%, at 83,499, while…

Blackstone’s gambling company Cirsa confirmed on Monday the share price of 15 euros ($17.60) in an oversubscribed initial public offering that floats at least 18% of the capital and values the whole company at 2.52 billion euros. The IPO, whose terms were announced on June 30, is the first in Spain since travel tech company…

In the NSE list of stocks with a market cap over Rs 1,000 crore, six stocks closed at 5-year swing highs on July 4, indicating bullish momentum in these counters, according to technical scan data from StockEdge.com. A 5-year swing high marks the highest price a stock has reached within a five-year period. This level…

India’s public sector undertakings (PSUs) have emerged as a compelling turnaround story in the post-Covid era. Backed by structural reforms, policy tailwinds, and prudent capital allocation, PSUs delivered a stellar 36% PAT CAGR over FY20–25—outperforming the private sector’s 26% CAGR—and drove a strong re-rating across the board. The BSE PSU Index posted a 32% CAGR…

Indian benchmark indices traded in a range-bound manner, with the Nifty ending the week 0.7% lower. A host of important domestic and global events lined up for the coming week are likely to impact stock markets when trading resumes on Monday. On Friday, the Nifty rose 55.70 points, or 0.22%, to close at 25,461. Commenting…

Flexible workspace provider Smartworks will hit the capital markets on July 10 with its IPO to raise Rs 445 crore. The offer will close on July 14. In December last year, Smartworks had received approval from the Securities and Exchange Board of India (Sebi) to launch an initial public offering(IPO). According to the Red Herring…

The Reserve Bank of India (RBI) received significantly higher responses for the variable rate reverse repo operation (VRRR) auction on the back of more than ₹4 lakh crore surplus liquidity in the banking system. The seven-day VRRR operation, seeking to absorb liquidity from the banking system, received bids for ₹1.70 lakh crore, higher than the…

Hi, you’re listening to ET Markets Radio, I am your host Neha V Mahajan. Welcome to a fresh episode of ET Market Watch — where we bring you the latest news from the world of stock markets every single day. Let’s get to it: Sensex up, Nifty steady… but markets are on edge!Why did the…

India’s soaring equity markets have triggered an exodus of insiders and promoters who have dumped a massive $11 billion worth of stocks in just one month. The unprecedented scale of selling has investors questioning whether smart money is fleeing at the peak or if India’s market is mature enough to handle the selloff. “Insider and…

India’s benchmark indices closed lower on Thursday, dragged down by banks and financial stocks. The Nifty showed signs of fatigue, struggling to hold on to higher levels despite multiple intraday attempts, as persistent selling pressure weighed on sentiment. Commenting on the day’s action, SAMCO Securities said that the broader bias remains neutral to mildly bearish….

Indian benchmark equity indices opened higher on Thursday, tracking gains in Asian markets following a US–Vietnam trade deal, as investors await progress on a potential US–India agreement. The BSE Sensex rose 225 points, or 0.27%, to 83,635, while the Nifty50 gained 48 points, or 0.19%, to trade at 25,500 around 9:17 am. The U.S. will…

The Indian market closed lower on Wednesday, as a pullback in financial stocks from near-record highs outweighed optimism fueled by U.S. President Donald Trump’s remarks hinting at a potential trade deal between the U.S. and India. The BSE Sensex declined 287.60 points, or 0.34%, to close at 83,409.69, while the NSE Nifty shed 88.40 points,…

On July 1, in the NSE Midcap pack, four stocks were highlighted in the RSI Trending Up scan, based on data from stockedge.com. It is an uptrend signal if the RSI value has crossed above 50 from below. “RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in…

The Indian market ended slightly higher on Tuesday, mirroring a rally in Asian peers, as investors looked ahead to developments in trade negotiations with the U.S. before the upcoming July 9 tariff deadline. The BSE Sensex advanced 90.83 points, or 0.11%, to close at 83,697.29, while the NSE Nifty gained 24.75 points, or 0.1%, to…

Indian benchmark equity indices traded marginally higher on Tuesday, tracking gains in Asian markets and as investors closely watch trade talks with the United States ahead of President Donald Trump’s July 9 tariff deadline. The BSE Sensex was trading 200 points, or 0.24%, higher at 83,807. The Nifty50 was up 66 points, or 0.26%, trading…

Apollo Hospitals Enterprise Limited’s (AHEL) board on Monday announced a sweeping corporate overhaul, approving a composite scheme of arrangement involving its subsidiaries Apollo Healthco Limited (AHL) and Keimed Private Limited, alongside its wholly owned subsidiary Apollo Healthtech Limited. Under the restructuring exercise, the company will first demerge its ‘Identified Business Undertaking’ into Apollo Healthtech. Subsequently,…

In this edition of ETMarkets Smart Talk, we speak with Sunny Agrawal, Head of Fundamental Research at SBI Securities Ltd, who shares his insights on market dynamics heading into the second half of 2025. While valuation comfort exists in sectors like banks, pharma, IT, and infrastructure, Agrawal urges investors to be cautious of value traps….

Equity benchmark indices Sensex and Nifty advanced for the fourth straight session on Friday, supported by buying in blue-chips ICICI Bank and Reliance Industries amid fresh foreign fund inflows. The BSE Sensex climbed 303 points to reclaim the 84,000 level and settle at 84,058. During the day, it jumped 333 points to 84,089. Here’s how…

After six weeks of consolidation and trading in a defined range, the markets finally broke out from this formation and ended the week with gains. Over the past five sessions, the markets have largely traded with a positive undercurrent, continuing to edge higher. The trading range was wider than anticipated; the Nifty traded in an…

The board of directors of VRL Logistics is set to meet on Friday, July 4, in order to consider the issue of bonus shares for its shareholders, who will be eligible as on the record date, which will be declared later. “In accordance with the extant provisions of Regulations 29 of the SEBI (LODR) Regulations,…

In this edition of ETMarkets Smart Talk, Paras Bothra, CIO – AIF at Ashika Investment Manager Pvt Ltd, shares his outlook for the second half of 2025, highlighting key themes and opportunities amid ongoing market volatility. According to Bothra, discretionary consumption, digital advertising, and travel-related segments are well-positioned to outperform, supported by lower interest rates,…

New Peak On Friday, the benchmark Sensex jumped 303 points to settle at 84,058. Riding the broader market rally, six stocks from the BSE Healthcare Index climbed to their 52-week highs, marking their strongest levels in a year. These breakout moves are typically seen as bullish signals by traders and investors, indicating strong upward momentum…

Shares of UltraTech Cement are expected to remain in focus on Friday, June 27, after the company announced the successful commissioning of a second cement grinding mill at its Maihar unit in Madhya Pradesh. The newly operational mill has a capacity of 1.8 million tonnes per annum (mtpa) and is a key part of the…

The stock of Indostar Capital has gained 21% since its March quarter result declared on April 29 compared with nearly 4.5% increase in the ET NBFC index. The mid-tier nonbanking financial company (NBFC) reported strong growth in net interest income and improved asset quality amid tightened lending policies. The company sold stressed loans in a…

Shares of Tejas Networks are likely to remain in focus on Wednesday, June 26, following the announcement of a strategic partnership with Japan-based Rakuten Symphony. “Rakuten Symphony and Tejas Networks, a Tata Group company, today announced a multi-faceted strategic partnership to develop integrated Open RAN solutions and engage in joint go-to-market efforts, both in India…

Hi, you’re listening to ET Markets Radio, I am your host Neha V Mahajan. Welcome to a fresh episode of ET Market Watch — where we bring you the latest news from the world of stock markets every single day. Let’s get to it: D-Street is bouncing back! Sensex jumps 700 points as geopolitical tensions…

The Indian market is likely to trade higher on Wednesday, tracking positive global cues. The Nifty future closed positively with gains of 0.39% at 25,090 levels on Tuesday. India VIX fell by 2.8% to close at 13.64 in the previous session. The sustained low levels of the VIX reflect declining fear and growing investor confidence,…

The Reserve Bank of India will conduct a variable rate reverse repo (VRRR) operation on July 4, for the first time since November 2024. The VRRR – an operation that temporarily drains liquidity from the banking system – will be done for a notified amount of Rs 1 lakh crore and will have a seven-day…

Shares of Enviro Infra Engineers will be in focus on Tuesday after the company announced it has secured new project orders worth Rs 306.30 crore in the domestic market. The engineering, procurement, and construction (EPC) contracts are for sewage treatment infrastructure across multiple municipalities in Chhattisgarh. As per the company’s exchange filing dated June 23,…

Engineering and construction conglomerate Larsen & Toubro (L&T) on Monday announced the listing of the country’s first environmental, social and governance bonds on the NSE, raising Rs 500 crore through debentures. In a filing to BSE, the company said it “has listed India’s first ESG bonds on the National Stock Exchange (NSE), setting a precedent…

After a sharp rally in Indian equities, concerns are mounting over stretched valuations in certain pockets of the market. In this edition of ETMarkets Smart Talk, Ram Medury, Founder and CEO of Maxiom Wealth, shares his cautious view on midcaps, smallcaps, and the IT sector, which he believes are beginning to look overheated. While the…

The Market Cap to Sales ratio shows how much investors pay per rupee of sales. It helps assess if a company is undervalued or overvalued compared to peers and industry standards.

In a clear signal of selectivity, Wood has exited Larsen & Toubro, Thermax, and Godrej Properties. These names had previously represented bets on India’s infrastructure and premium housing cycle. The exits suggest a tightening lens on valuation and earnings momentum, with Wood opting to redeploy capital toward names better aligned with current market themes. (Disclaimer:…

Tata Capital is closing in on a blockbuster Rs 17,200 crore IPO, after receiving regulatory clearance for its confidential draft prospectus, setting the wheels in motion for a potential July launch and meeting a key Reserve Bank of India listing deadline for large non-bank lenders. The Securities and Exchange Board of India (Sebi) has approved…

Accenture shares fell 11% on Friday, hitting the day’s low of $273.19, notwithstanding a revenue beat for third quarter driven by growing demand for the consulting giant’s AI-driven services from enterprise customers. It reported revenue of $17.7 billion for the quarter ended May 31, compared with analysts’ average estimate of $17.30 billion, Reuters reported, citing…

U.S. stocks are drifting higher on Friday in their return to trading following the Juneteenth holiday. The S&P 500 was up 0.4% in early trading and adding to its modest gain for the week. The Dow Jones Industrial Average was up 162 points, or 0.4%, as of 9:35 am. Eastern time, and the Nasdaq composite…

ICICI Direct has a buy call on RBL Bank with a target price of Rs 227. The current market price of RBL Bank Ltd. is Rs 225.95 . RBL Bank incorporated in 1943, is a banking company (having a market cap of Rs 13,885.71 crore). RBL Bank’s key products/revenue segments include Interest & Discount on…

Goldman Sachs on Thursday sold over 1.77 lakh shares of Ethos Limited via a block deal. The deal size is worth Rs 48 crore and the shares were sold at a price of Rs 2700.67, which is a 5% discount against the previous closing price of Rs 2848.45 on the BSE. Goldman Sachs held 1.40%…

Shares of Vodafone Idea (Vi) will be in focus on Thursday, June 19, after the company announced a strategic partnership with AST SpaceMobile to deliver satellite-based connectivity services in India. In a press release filed with the stock exchanges, Vodafone Idea disclosed its collaboration with AST SpaceMobile, a US-based Nasdaq-listed company building the world’s first…

The Indian market ended in the red on Wednesday, weighed down by losses in IT and financial stocks, as escalating tensions in the Middle East drove up oil prices and kept investor sentiment subdued. The BSE Sensex shed 138.64 points, or 0.17%, to close at 81,444.66, while the NSE Nifty declined 41.35 points, or 0.17%,…

Shares of RailTel Corporation of India will be in the spotlight on Wednesday, June 18, after the company announced that it has secured a significant order worth Rs 43.99 crore under the Mizo Fibre Grid Network (MFGN) Project. The company has received a Letter of Intent (LOI) from Zoram Electronics Development Corporation (Zenics) for the…

Blackstone Group-backed Real Estate Investment Trust (REIT) Knowledge Realty Trust (KRT) has raised over Rs 1,400 crore through a pre-initial public offering (IPO) placement, said persons familiar with the development With this, the REIT has become the first-ever REIT in India to conclude such a pre-IPO fundraising exercise. The round was fully subscribed by domestic…

ICICI Securities has a buy call on Shree Cements with a target price of Rs 35,330. The current market price of Shree Cements Ltd. is Rs 29,659.9. Shree Cements, incorporated in 1979, is a Large Cap company with a market cap of Rs 106958.49 crore, operating in the Cement sector. Shree Cements Ltd. key Products/Revenue…

The Indian market closed higher on Monday, buoyed by advances in IT and financial stocks, after two sessions of losses triggered by tensions between Israel and Iran. Investor sentiment improved as global markets showed signs of resilience and oil prices cooled from last week’s spike. The BSE Sensex added 677.55 points, or 0.84%, to close…

Shares of Syngene International are expected to be in focus on Monday, June 16, 2025, after the company received two significant updates from the United States Food and Drug Administration (USFDA) concerning inspections at its facilities in Bengaluru. The first update relates to a Good Clinical Practices (GCP) compliance inspection conducted at Syngene’s Semicon Park…

Indian benchmark indices declined on Friday and posted weekly losses as Israel’s military strikes on Iran escalated tensions in the Middle East and dampened global risk sentiment. The Nifty 50 was down 0.68% at 24,718.6 and the BSE Sensex fell 0.70% to 81,118.6. Here’s how analysts read the market pulse: Indian equity benchmarks experienced downward…

An attempt to break out of a month-long consolidation fizzled out as the Nifty declined and returned inside the trading zone it had created for itself. Over the past five sessions, the markets consolidated just above the upper edge of the trading zone; however, this failed to result in a breakout as the markets suffered…

The European Central Bank’s inflation target of 2% is in reach, ECB President Christine Lagarde was quoted as saying in an interview published on Saturday. In the interview with China’s Xinhua news agency earlier this week which was released on the ECB website, Lagarde said financial stability was a prerequisite for price stability. “We are…

Wall Street ended sharply lower on Friday after Iran launched missiles at Israel in response to intensive Israeli strikes aimed at crippling Tehran’s ability to build nuclear weapons. Explosions were heard and seen over Tel Aviv and Jerusalem as sirens sounded across Israel following what the country’s military spokesman said was the firing of missiles…

Former NBA player Shaquille O’Neal will pay $1.8 million to settle a class action lawsuit related to the demise of cryptocurrency exchange FTX. O’Neal, and other celebrities like Tom Brady and Stephen Curry, were named in the lawsuit in 2022. They had been accused of touting FTX as a reputable and trustworthy investment option via…

In the Nifty50 pack, four stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on June 12, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a…

In calendar year 2025 so far, Indian equities have posted a decent gain, with the benchmark Sensex rising around 6%. However, many individual stocks have witnessed sharp declines. A closer look at the data reveals that several stocks which delivered multibagger returns last year have experienced steep corrections this year. ETMarkets analyzed such stocks—those that…

Nifty Pharma index has moved in tandem with the headline index, with nearly 5% returns in the last month, with stocks gaining by up to 22% in this period. Decoding the charts, Nilesh Jain, Head Vice President, Equity Research, Technical and Derivatives at Centrum Broking, said that the CNX PHARMA index has formed an inverse…

Mirae Asset MF, BlackRock, and Goldman Sachs, among others, on Wednesday bought nearly a 1 per cent stake in financial services company Aditya Birla Capital for Rs 568 crore through open market transactions. Motilal Oswal Mutual Fund (MF), Edelweiss MF, HSBC MF, New York State Teachers Retirement System, Dublin-based Mediolanum International Funds, and investment management…

Aurodeep Nandi, India Economist, Nomura, says their view is that on GDP growth, they will undershoot the RBI’s projection. RBI is projecting 6.5%, Nomura projection is 6.2%. Even on inflation, there is going to be an undershoot. RBI is projecting 3.7% for FY26, Nomura puts it around 3.3%. So, there is going to be an…

India’s headline indices ended flat on Tuesday after a four-session rally dragged by bank and auto stocks. While Nifty ended with 1 point gain, Sensex closed 6 points lower. Despite this, The Nifty has sustained above the previous consolidation zone on the daily timeframe, indicating a continuation of the uptrend. Commenting on the day’s action,…

According to NSE block deal data, over 19.81 crore equity shares of Suzlon Energy were picked up at an average price of Rs 66.05 per share. Other major buyers included Aditya Birla Sun Life MF, Edelweiss MF, Bandhan MF, Sundaram MF, Invesco MF, ICICI Prudential Life Insurance, and Bajaj Allianz Life Insurance. On the other…

Rapido takes on Zomato and Swiggy with 8–15% commissions, shaking up the food delivery game. Meanwhile, RBI’s surprise rate cut sparks a market rally—Nifty hits 8-month high, Bank Nifty crosses 57,000. Nisha Poddar breaks it down on Two Sharp with ET. Show more Show less

In the Nifty200 pack, four stocks witnessed a 5-year swing high at the close on June 6, suggesting bullishness in counters, according to stockedge.com’s technical scan data. A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has…

Indian markets closed higher on Friday, rebounding from early losses after the Reserve Bank of India (RBI) delivered a surprise 50 basis point repo rate cut—larger than expected—in a bid to spur economic growth. The BSE Sensex jumped 747 points, or 0.92%, to close at 82,188, while the NSE Nifty rose 252 points, or 1.02%,…

Indian equities posted broad-based gains in May 2025, led by a stellar 22% surge in defence stocks and strong double-digit returns in microcap indices, as investors rotated into risk-on segments amid improving domestic sentiment and supportive global cues. The Nifty Microcap 250 jumped 12.10% in May, marking the strongest performance among major indices, while the…

The realty sector eclipsed its sectoral peers as the BSE Realty index delivered near double-digit weekly gains with significant impetus coming from the Reserve Bank of India’s (RBI’s) 50 bps points repo rate cut on Friday, unleashing the property stocks. The 10-stock index ended the week with 9.7% returns while rising by 5% on Friday….

New Delhi, SBI MF, Morgan Stanley and Goldman Sachs, among others, on Friday cumulatively bought a 1.8 per cent stake in Bajaj Finserv for Rs 5,506 crore from promoter entities. Besides, JP Morgan India, Citigroup Global, Societe Generale, SBI Life, BofA Securities and Barclays Merchant Bank (Singapore) were also among the buyers, as per block…

On A High Consistently increasing quarterly earnings per share (EPS) indicates that a company is improving its profitability over time. This trend suggests strong financial health, effective management strategies, and potential for sustainable growth. In the Nifty500 pack, five companies have notably improved their EPS, showing increases for four consecutive quarters (till March ’25 quarter)…

Tesla shares went into free-fall on Thursday as President Donald Trump publicly feuded with the electric vehicle maker’s billionaire CEO Elon Musk, his self-proclaimed “First Buddy.” Investors watched the unfolding drama with growing worry about what the fracas could mean for Musk’s business empire. The carmaker’s shares ended the day down 14%, wiping off $150…

Government-owned Cochin Shipyard surged over 12% on Wednesday after the US called on NATO members to significantly increase their defense spending. With a more than 23% rise since Monday, the stock jumped for the third straight day. While India is not a member of NATO (North Atlantic Treaty Organization), it has strategic and defense cooperation…

Nuvama on Titagarh Rail Systems Ltd: Buy| Target Rs 1292| LTP Rs 898| Upside 43% Nuvama remains bullish on Titagarh Rail Systems Ltd, assigning a Buy rating with a target price of Rs 1,292, which suggests a robust upside of 43% from the last traded price of Rs 898. (Disclaimer: Recommendations, suggestions, views, and opinions…

Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a longstanding cap on its assets, marking a crucial milestone in the bank’s push to rebuild its reputation and grow further. The fourth-largest U.S. bank was operating under a $1.95-trillion asset cap mandated by the Fed in 2018 aimed…

The initial public offering (IPO) of Ganga Bath Fittings opened for subscription on June 4 and will remain open till June 6. The SME issue aims to raise Rs 32.65 crore through a fresh issue of 66.63 lakh equity shares. The shares will be listed on the NSE SME platform, with a tentative listing date…

To facilitate ease of doing business and safeguard the investors’ interest, markets regulator Sebi on Tuesday decided to automate the process of invocation and sale of pledged securities. This comes after Sebi noted that after invoking pledged securities, brokers often don’t sell them, resulting in accumulation in broker accounts. Moreover, brokers face operational issues when…

Blue Water Logistics is set to make its stock market debut on the NSE SME platform on Tuesday, following a successful initial public offering that garnered healthy interest from investors. However, ahead of its listing, the stock is showing no activity in the grey market, suggesting a muted start on the bourses. According to the…