Markets extend losses for seventh day; IT stocks lead decline
Equity markets continued their downward trajectory for the seventh consecutive session on Monday, with the benchmark BSE Sensex falling 241.30…
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Equity markets continued their downward trajectory for the seventh consecutive session on Monday, with the benchmark BSE Sensex falling 241.30…
Target: ₹2,007 CMP: ₹1,303.20 SignatureGlobal India had delivered 63 per cent sales booking CAGR over FY21-24, largely via affordable/mid-income housing…
Target: ₹2,538 CMP: ₹1,579.95 In Q2 FY25, Affle (India) reported a strong topline growth of 26 per cent y-o-y, delivering…
DCM Shriram (₹1,302.85) Positive momentum seen The stock of DCM Shriram has been appreciating gradually ever since it found support at…
The Initial Public Offering (IPO) of NTPC Green Energy Ltd (NGEL) is set to open on November 19. SBI Securities…
Benchmark indices Sensex and Nifty after smashing many record peaks this year, slipped into a correction mode, with the NSE…
Chennai-based CIEL HR Services Ltd. (CIEL HR), which provides technology-driven HR solutions, plans to file for an initial public offering…
Both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain closed on Friday, November 15, on account…
Som Distilleries and Breweries Limited (SDBL) announced a 22 per cent increase in profit after tax (PAT) to ₹59.25 crore…
Benchmark indices fell for the fifth straight session on Wednesday, entering correction territory, amid a sharp surge in domestic inflation,…
Tata Chemicals Europe Limited (TCEL), a wholly-owned subsidiary of Tata Chemicals, announced today a £60 million (approximately ₹655 crore) capital…
Target: ₹3,100 CMP: ₹2,677.90 Doms Industries has reported another strong quarter amid a slowdown in the broader consumption space. Its…
Servotech Power Systems Ltd (SPSL) on Tuesday announced that it has secured a 2 MW on-grid solar project from the…
SEBI has asked qualified stock brokers (QSBs) to provide their clients trading supported by blocked amount in the cash segment…
The Initial Public Offering (IPO) of Niva Bupa Health Insurance Company has received bids for 24.72 crore shares against 17.28…
Food delivery and grocery major Swiggy’s initial public offering has been oversubscribed by 3.59 times after a tepid response in…
Target: ₹600 CMP: ₹459.15 Aadhar Housing Finance (Aadhar) delivered a strong quarter with a PAT beat of 9 per cent…
Foreign Portfolio Investors (FPIs) continued their selling in the Indian equity markets, recording net outflows of ₹19,994 crore in just…
Target: ₹430 CMP: ₹338.15 Aptus Value Housing Finance reported earnings of ₹180 crore (in line with our estimates), up 23…
The new breed of un-registered ‘finfluencers’ indulging in malpractices such as paid promotion, front-running, duping investors through fancy products have…
Swiggy IPO has been subscribed 1.01 times so far on day three. The IPO opened on Wednesday saw a muted response…
M Damodaran, Chairperson of Excellence Enablers and Former Chairman of SEBI, has made a case for revisiting the r selection…
Swiggy’s ₹11,327.43 crore IPO raises significant concerns as the food delivery platform has reported continuous losses since its 2014 inception,…
The relentless selling by foreign portfolio investors in Indian equities has not deterred promoters, private equity investors and other investors…
Ichnos Glenmark Innovation (IGI) announced today that its experimental cancer drug ISB 2001 showed a 75 per cent overall response…
The number of filings for initial public offerings (IPOs) this year has touched a record, surpassing the previous high set…
Larsen & Toubro Limited (L&T) announced today that it will acquire a 21 per cent stake in E2E Networks Limited,…
The Securities and Exchange Board of India (SEBI) has passed an interim order directing the suspension of Aravind Maiya, from…
Indian automotive giant Mahindra & Mahindra announced today its plans to unveil two new electric SUVs, the XEV 9e and…
The November 5 US presidential elections, Federal Reserve interest rate decision, trading activity of foreign investors, and the upcoming quarterly…
The combined market valuation of 6 of the top-10 most-valued firms surged ₹1,07,366.05 crore last week, with State Bank of…
I have shares of Infibeam Avenues. My purchase price is ₹42. Should I continue to hold or exit with loss?…
The lingering concern on market valuations has aggravated with 34 Nifty companies reporting flat net profit, while their sales have…
The benchmark Sensex rose by 335.06 points, or 0.42 per cent, to settle at 79,724.12 in a special Muhurat trading…
The shares of Yatharth Hospital and Trauma Care Services Ltd were trading at ₹661.80 down by ₹9.20 or 1.37 per…
Indian equity benchmarks closed lower on Thursday, dragged down by heavy selling in technology stocks, with the BSE Sensex falling…
The shares of Insolation Energy Limited were trading at ₹3666.05 up by ₹130.95 or 3.70 per cent on the NSE…
Capital market regulator SEBI has proposed to stop uploading scheme information documents (SIDs) on NFOs on its website in draft…
Shriram Properties Limited (SPL), a real estate developer company, announced yesterday its entry into the Pune market through a Joint…
Shares of Elcid Investments, an investment company, rose a staggering 6.7 million per cent on Tuesday to ₹2,36,250 apiece, surpassing…
Indian markets opened flat to mildly higher on Tuesday, in line with mixed Asian markets and a positive close on…
Target: ₹1,500 CMP: ₹1,292.65 ICICI Bank has reported six glorious years of performance since Sandeep Bakhshi took charge as MD…
Bandhan Bank has attracted positive attention from several brokerage houses following its robust performance in Q2, marked by significant profit…
Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25 per cent below the initial…
Foreign institutional investors (FIIs) have pulled out a massive ₹20,024 crore from Indian equities this week alone, resulting in a…
Crompton Greaves Consumer Electricals (₹392.25) Confirms Head & Shoulder The stock of Crompton Greaves Consumer Electricals, after marking a high…
Indices fell for the fifth straight session on Friday to near two and half month lows amid relentless selling by…
Shares of IndusInd Bank plummeted 19.82 per cent to ₹1,025.30 on the BSE on Friday during intra-day after it reported…
The initial public offering of Afcons Infrastructure, the flagship infrastructure, engineering, and construction company of the Shapoorji Pallonji group, will…
Target: ₹2,839 CMP: ₹2,482.40 Broadly, TVS Motor has reported bottom-line in line with estimates in Q2FY25 led by of sustenance…
Mankind Pharma on Wednesday said it has completed the transaction to acquire Bharat Serums and Vaccines Ltd (BSV), for a…
The initial public offering of Deepak Builders and Engineers closed with an overall subscription of 41.54 times, as non-institutional and…
Sensex, Nifty, Share Prices LIVE: The outlook for Jindal Worldwide is bearish. The stock has been in a strong downtrend…
State-owned NBCC (India) Ltd shares saw a decline of 5.7 per cent in today’s trading session on the Bombay Stock…
GE Aerospace (Pre market) (Sector- Defense) Danaher Corporation (Pre market) (Sector- Healthcare) Philip Morris International Inc (Pre market) (Sector- FMCG)…
Indian benchmark indices retreated from their early gains to close marginally lower on Monday, with broader markets facing steeper declines…
Tiger Global and late Ratan Tata backed Upstox aims to empower retail traders with the launch of its Tick-by-Tick (TBT)…
Indel Money Ltd, a non-deposit taking NBFC in the gold loan sector has announced the fifth public issue of Secured…
FPIs aggressively sold Indian equities, withdrawing a record ₹77,701 crore ($9.25 billion) up to October 18, depositories data showed. They…
Shapoorji Pallonji Group’s infrastructure engineering and construction company Afcons Infrastructure Ltd (AIL) is gearing up to launch its ₹5,430-crore initial…
Krishna Institute of Medical Sciences (KIMS) has signed a Memorandum of Understanding with Wipro GE Healthcare for medical technology procurement…
Hinduja Global Solutions (HGS) launched a new AI Hub in Manila, Philippines on October 18aiming to enhance digital experience solutions…
Target: ₹250 CMP: ₹187.85 We upgrade Engineers India (EIL) to ‘Buy’ from ‘Accumulate’ given the recent correction in the stock…
Hi-Tech Pipes Limited, a major Indian steel tubes and pipes manufacturer, today announced the commencement of its 5 MW captive…
Waaree Energies, solar panel maker, on Wednesday, set a price band of ₹1,427-1,503 for its upcoming IPO that will open…
Shares of PVR Inox Ltd declined over 2 per cent in early trade on Wednesday as it recorded a consolidated…
Shares of SpiceJet rose 1.16 per cent on Tuesday, reaching a high of ₹68. The stockhad climbed 3.4% earlier in…
Groww has added over 47 lakh new SIP accounts during the July-September quarter. Out of 66 lakh new SIPs recorded…
The Indian stock markets closed higher on Monday, buoyed by strong performances in the IT and banking sectors. The benchmark…
Benchmark indices Sensex and Nifty fell in early trade on Friday amid volatility and mixed trends in global markets. The…
The combined market valuation of seven of the top-10 most valued firms eroded by ₹1,22,107.11 crore last week, with Tata…
Shares of private lender Bandhan Bank rose over 10 per cent on Friday after the Reserve Bank of India approved…
Bigul, an innovative investment platform, has launched a new feature that allows investors to invest in a group of stocks…
Shares of Tata Consultancy Services (TCS) fell 2 per cent on Friday after its September quarter earnings failed to cheer…
Motilal Oswal Asset Management Company (MOAMC) on Friday announced the launch of its latest fund offer, the Motilal Oswal Digital…
After markets regulator SEBI’s directive to limit weekly expiries to one per exchange, the National Stock Exchange on Thursday announced…
The initial public offering of Garuda Construction and Engineering will close today for public subscription. The issue has generated a…
Hyundai Motor India’s initial public offering (IPO) will be the biggest till date, eclipsing the previous record set by State…
Mamaearth, a leading Indian personal care brand, has partnered with e-commerce platform Meesho to expand its reach into Tier 3…
Trucking platform Zinka Logistics Solutions has received final observation from SEBI to raise funds through an initial public offering (IPO).…
Indian stock markets staged a recovery in mid-day trading on Tuesday, breaking a six-day losing streak amid ongoing geopolitical tensions…
Indian equities fell for a sixth straight session amid tensions in West Asia and sustained selling by foreign investors, even…
Rama Steel Tubes Limited, a leading Indian structural steel tube manufacturer, announced significant sales volume growth for the second quarter…
A sharp rally in Chinese equities last week has prompted Foreign Portfolio Investors (FPIs) to adopt a ‘Buy China, Sell…
Long-term investors can buy the shares of Quess Corp (₹744.40) at current levels. The stock has been in a strong…
When faced with a choice between choosing a weapon-less Lord Krishna and the most powerful army (Dwaraka army) in the…
Asia Index, a wholly-owned subsidiary of leading stock exchange BSE Ltd, on Friday announced the launch of three new indices…
China seems to have gained at the expense of India when it comes to foreign flows. China funds cornered historic…
H.G. Infra Engineering Ltd today said the Rail Land Development Authority (RLDA) has cancelled its Letter of Acceptance for a…
Vedanta group firm Hindustan Zinc on Wednesday said its mined metal production in the second quarter of this fiscal year…
Bombay Stock Exchange Brokers’ Forum (BBF) on Wednesday said it has appointed Anup Gupta as the chairman, succeeding Kishor Kansagra.…
Target: ₹2,100 CMP: ₹1,580.65 Route Mobile is set to witness a growth uptick after the completion of the strategic acquisition…
Target: ₹496 CMP: ₹370.40 Integrated pharmaceutical major with capabilities across the value chain, Biocon is a leading integrated global pharmaceutical…
Indian benchmark indices faced a sharp decline in mid-day trading on Monday, , with the BSE Sensex plummeting 951.45 points…
Stock broker firm Angel One has settled allegations of frontrunning of orders of a big client by one of its…
The combined market valuation of eight of the top-10 most valued firms surged ₹1,21,270.83 crore last week, with Reliance Industries…
Twenty companies have filed their draft offer documents for initial public offerings (IPOs) in September, the most number of filings…
Stock exchanges on Friday deferred the voluntary implementation of the T+0 or same-day settlement cycle of securities for institutional clients,…
The domestic markets are expected to open on a flat note, global sentiment and trading on Nifty at Gift City…
The bulk of net inflows from foreign portfolio investors (FPIs) into India this year has come from the US and…
Max Estates: Company clinches Rs 391cr deal with New York Life Insurance to reshape Delhi-NCR real estate Mazagon Dock: Company…
After a stupendous rally, defence stocks have crashed on concern over their high valuation amid weak earnings growth last quarter.…
The Securities and Exchange Board of India on Monday slapped a penalty of ₹8 lakh on Brightcom Group for failing to…
Individuals continue to lose money in derivatives trading, a fresh study by market watchdog SEBI has shown. Aggregate losses of…
Vodafone Idea has concluded a ₹30,000-crore ($3.6 billion) deal with Nokia, Ericsson, and Samsung for the supply of network equipment over…
Bikaji Foods International (₹948.2) Bull flag breakout The stock of Bikaji Foods International has been in an uptrend since its…
Long-term investors with a minimum time frame of one year can buy the shares of Bajaj Finserv (₹1,917) now. The…
I have shares of Concor. My purchase price is ₹1,025. What is the outlook for the next one year? Siyaram…
Target: ₹7,500 CMP: ₹7,197.15 Rating industry’s revenue growth can sustain above 10-12 per cent over the coming years aided by…
Target: ₹3,300 CMP: ₹2,547.15 Mankind Pharma’s vision to be an innovation-driven and differentiation-focused with high entry barrier products has found…
The board of NTPC has approved an investment of Rs 11,130.98 crore for the Darlipali Super Thermal Power Project, Stage-II…
Target: ₹1,450 CMP: ₹1,245.15 Axis Bank has navigated tight liquidity conditions well to maintain NII growth (CAGR of 22.7 per…
The Government of India has approved the dilution of up to 7% shareholding in Indian Renewable Energy Development Agency (IREDA)…
Heritage Foods Limited announced that its board has approved its plan to establish a new ice cream manufacturing facility in…
Sensex, Nifty, Share Prices LIVE: The share price of Lloyds Metals and Energy has moved up sharply over the last…
Target: ₹839 CMP:₹726.4 In Q1FY25, Awfis Solutions (Awfis) began to deliver on its two main FY25 guidance parameters: 30 per…
Sensex, Nifty, Share Prices LIVE: The outlook for National Aluminium Company Limited (NALCO) is bullish. The stock has begun the…
The Indian stock markets closed marginally higher on Monday, with both BSE Sensex and NSE Nifty 50 recording modest gains…
SEBI Chairperson Madhabi Puri Buch and her husband released a personal statement on Friday stating that the former was compliant…
Nine of the top-10 most valued firms together added ₹2,01,552.69 crore in market valuation last week, with Bharti Airtel stealing…
Solarium Green Energy, a turnkey solar solution provider and comprehensive O&M services company, has filed its Draft Red Herring Prospectus…
Target: ₹770 CMP: ₹614.50 India’s current air conditioner (AC) penetration is around 8-10 per cent of 300 million households, but…
Securities and Exchange Board of India (SEBI) has disposed of proceedings against the National Stock Exchange (NSE) and its employees…
Target: ₹2,010 CMP: ₹1,812.95 We attended Tega Industries Limited (Tega) Analyst Meet represented by MD CEO Mehul Mohanka and CFO…
The deluge of feedback received on its July consultation paper to strengthen the index derivatives framework may make it tricky…
Target: ₹870 CMP: ₹714.40 HDFC Life continues to guide for a 15 per cent growth in APE and 17-18% growth in…
Target: ₹ 6,030 CMP: ₹ 5,292.50 Investors have little doubt on Persistent Systems (PSYS) growth momentum. They are not wrong.…
The Indian stock market closed lower on Wednesday, with both benchmark indices shedding 0.49 per cent amid profit booking in…
The Finance Ministry intends to bring clarity in qualification norms for stockbrokers. Accordingly, it has come out with a consultation…
The Congress on Tuesday claimed that SEBI chairperson Madhabi Buch had a 99 per cent stake in a firm that…
Target: ₹1,700 CMP: ₹1,368.90 We are initiating coverage on VA Tech Wabag Ltd. (VTW) with a Buy recommendation and a…
Bharti Airtel, a leading Indian telecommunications provider, announced today the introduction of a fixed deposit marketplace through its digital arm,…
Shares of Rekha Jhunjhunwala-backed Baazar Style Retail, a value fashion retailer, on Friday made a flat market debut, listing at…
Monthly inflows in Systematic Investment Plans (SIPs) of mutual funds could nearly double to about ₹40,000 crore by December 2025,…
As India beats China in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI), Indian equities may get up…
Indian stock markets opened September on a strong note, supported by robust investments from foreign investors during the first week…
Notwithstanding the concerns all around, including the market regulator SEBI, 50 small and medium enterprises have filed papers with NSE…
Waaree Renewable Technologies Ltd has been awarded a contract to develop a 3.40 MW DC/2.77 MW AC ground-mount solar power…
Dilip Buildcon Limited (DBL) has emerged as the lowest bidder (L-1) for a major infrastructure project in Kerala. The company…
Century Textiles and Industries Limited’s wholly-owned subsidiary, Birla Estates Private Limited, has completed the acquisition of a 30.8-acre land parcel…
Kotak Securities Target: ₹550 CMP: ₹416.60 We initiate coverage on Aadhar Housig Finance with a Buy rating and RGM-based FV…
Havells India Limited unveiled its new Studio Meditate AP400 and AP250 air purifiers, which it said uses technology “inspired by…
The day was marked by a number of block deals and a few that caught the eye was that of…
Raymond Ltd has confirmed plans to split into three separate listed entities, as revealed in a clarification statement today. The…
Target: ₹5,230 CMP: ₹4520.85 Tata Consultancy Services (TCS) has been consistently delivering resilient performance for past several quarters despite the…
Meghmani Organics Limited (MOL) announced the commencement of commercial production of three new insecticide products today. The products, Dinotefuran, Ethiprole,…
After a strong performance in recent months, PSU stocks are now tumbling across the board due to concerns about overvaluation,…
Bajaj Housing Finance is set to float its much-awaited ₹6,560-crore initial share-sale for public subscription on September 9. The initial…
When we last wrote on Amara Raja in early June 2023, the company was still Amara Raja Batteries, and we…
Eighteen companies have filed their draft offer documents for initial public offerings (IPOs) in August, the most number of filings…
SEBI has revised the eligibility criteria for entry and exit of stocks in the derivatives segment. A stock’s median quarter…
Sathlokhar Synergys E&C Global Limited (SSEGL) announced today that it has won a significant contract worth ₹62.53 crore from Vinfast…
The initial public offer of solar cell and module manufacturer Premier Energies got subscribed 74.09 times on the last day…
HFCL Limited has completed one of the world’s largest control and user plane separation (CUPS) architecture-based broadband network gateway (BNG)…
The Securities and Exchange Board of India (SEBI) on Wednesday proposed an overhaul of merchant bankers’ regulations amid a boom…
India’s largest jewellery retailer Tanishq and global diamond giant De Beers announced a strategic partnership today to expand India’s natural…
MThe Association of Mutual Funds in India (AMFI) has put out minimum standards to prevent front running and market abuse…
The domestic stock markets showed modest gains in mid-day trading on Tuesday, with the Sensex and Nifty both up 0.18%.…
Rekha Jhunjhunwala-backed Baazar Style Retail, a value fashion retailer, on Monday said it has fixed a price band of ₹370-389…
Mangalam Drugs & Organics Limited has secured a grant of $274,800 from The Medicines for Malaria Venture (MMV) for research…
Target: ₹1,501 CMP: ₹1,426.20 Pitti Engineering Ltd (PEL) reported numbers, Q1FY25 revenue stood at ₹383 crore (+32.1 per cent y-o-y/+16.7…
This week, Indian stock indices accumulated 0.7-1.0 per cent gains on a cumulative basis. The indices rose for a seventh…
Jeyyam Global Foods Ltd, a Chennai-based food products company, has set a price band of ₹59-61 per share for its…
A tectonic shift has been happening in Indian stock markets quietly but decisively in recent months. If the trend in…
The initial public offering of Orient Technologies witnessed a tremendous response from all category of investors, as the issue was…
Indian stock markets showed mixed trends in afternoon trading on Friday, August 23, 2024, with the Sensex and Nifty hovering…
Block and bulk deals have gained momentum and sell-downs through such transactions in 2024 have risen over 88 per cent…
Indian equity markets traded marginally higher on Thursday afternoon, with the Sensex and Nifty both showing modest gains. As of…
The IPO of Interarch Building Products closed on a high note with overall subscription figures of 93.46 times, as institutional…
The Indian stock market showed mixed signals in mid-day trading, with the Nifty 50 index marginally up and the Sensex…
Target: ₹1,660 CMP: ₹1,659.75 Voltas has reported strong top-line growth (46 per cent y-o-y, 15 per cent above BNPPEe), led…
Greaves Finance Limited, a subsidiary of Greaves Cotton Ltd., announced a partnership with River Mobility Private Ltd. on August 20,…
The Reserve Bank of India (RBI) on Monday approved IndusInd Bank to set up a wholly-owned subsidiary for asset management…
Voltas shares increased 1.75% to ₹1,562.00 as of 10:25 am today, following positive analyst assessments of the company’s performance and…
Target: ₹6,015 CMP: ₹5,125.80 With the launch of differentiated products in FY24, Hero MotoCorp has been successful in building a…
The combined market valuation of seven of the top 10 valued firms jumped ₹1,40,863.66 crore in a holiday-shortened last week…
JSW Cement, part of Sajjan Jindal promoted diversified JSW Group, on Friday filed a draft red herring prospectus (DRHP) with…
Target: ₹5,170 CMP: ₹4,769.20 Hindustan Aeronautics’ (HAL) performance missed street’s estimates mainly on the back of weak execution. Key points:…
Shares of Ola Electric Mobility Ltd surged 20 per cent on Friday to hit the upper circuit limit on the…
Sensex and Nifty rallied today, with the BSE Sensex crossing the 80,000-point mark. As of 12:30 pm, the Sensex stood…
Shares of vaccine and other medical product makers that can help combat a fast-spreading mpox virus strain advance, after the…
Real estate firm Kalpataru Ltd has filed draft prospectus with market regulator SEBI to launch its initial public offering (IPO)…
The initial public offering of Saraswati Saree Depot saw a robust response from all category investors as the issue closed…
Metals and mining stocks slumped in Wednesday’s trade after the Supreme Court ruled that states can levy tax and royalty…
Shares of Unicommerce Esolutions made a stellar debut at the bourses on Tuesday by gaining over 100 per cent after…
Global index provider Morgan Stanley Capital International (MSCI) has announced the removal of the freeze on Adani Group stocks, a…
Shares of Sun TV Network crashed 10.50 per cent to ₹818.45 on the BSE after the Chennai-based company posted underwhelming…
All the ten Adani group stocks slumped in early trade on Monday, with Adani Energy tumbling 17 per cent, after…
Amid rising concern over small market valuation and volatility, stock exchanges will enhance the enhanced surveillance measure (ESM) framework to…
SEBI chairperson Madhabi Puri Buch and her husband Dhaval Buch termed the allegations made by Hindenburg Research as baseless and…
A rebound in stocks in the final stretch of a wild week drove the market to its biggest back-to-back advance…
Shares of Ola Electric Mobility saw a strong opening day at the bourses despite getting a flat listing on Friday.…
Nowadays, it has become an increasingly difficult task for fund managers to outperform benchmarks, given the relentless rally. In the…
The stocks of Life Insurance Corporation of India (LIC) on BSE were trading at ₹1,136.00 up by 10.30 points (0.91…
The initial public offering of FirstCry’s parent, Brainbees Solutions Ltd, sailed through on the last day of issue closing on…
Tata Asset Management has long been known for its focus on active funds. But with the launch of thematic funds…
Target: ₹2,680 CMP: ₹2,574.80 In Q1FY25, TVS Motors registered in line performance on Revenue/EBIDTA/PAT front (VAR is +/-1 per cent).…
Equity benchmark indices Sensex and Nifty bounced back sharply in early trade on Wednesday after three days of massive decline…
The public issue of Ola Electric Mobility, the first pure EV company to hit the capital market, saw a moderate…
Equity market benchmark indices Sensex and Nifty bounced back sharply in early trade on Tuesday after facing a severe drubbing…