Markets News
Nitin Spinners: This textile stock hit new high, zoomed 104% from Jan low
Thus far in the calendar year 2026, Nitin Spinners outperformed the market by surging 96 per cent, compared to a 9.3 per cent decline in the BSE Sensex.
 "Nitin Spinners: This textile stock hit new high, zoomed 104% from Jan low")
Stock Market LIVE: Sensex stuck in small range; Nifty below 24,200 as HDFC Bank, RIL shares drag
Sensex Today | Stock Market LIVE Updates Tuesday: In the broader markets, the Nifty MidCap was up 0.02 per cent while the Nifty SmallCap fell 0.06 per cent
 "Stock Market LIVE: Sensex stuck in small range; Nifty below 24,200 as HDFC Bank, RIL shares drag")
IIFL Finance shares crack 8% after ₹963-crore tax demand for subsidiary
Despite today's fall, IIFL Finance shares remain 8.7 per cent higher on a year-to-date (YTD) basis and 47 per cent for the last one year.
 "IIFL Finance shares crack 8% after ₹963-crore tax demand for subsidiary")
Fertiliser stocks jump up to 14% as Russia signals higher supplies to India
Among the basket, Fertilisers and Chemicals Travancore rose the most, rallying over 14 per cent to an intra-day high of ₹894.
 "Fertiliser stocks jump up to 14% as Russia signals higher supplies to India")
ICICI Bank, SBI: Foreign brokerages pick winners in the Indian banking pack
Among large private banks, Goldman Sachs sees the strongest upside in ICICI Bank; Bernstein, meanwhile, rates ICICI Bank, Axis Bank, HDFC Bank and IndusInd Bank as 'Outperform.
 "ICICI Bank, SBI: Foreign brokerages pick winners in the Indian banking pack")
Shankesh Jewellers shares list at 11% premium, beat expectations
On NSE, Shankesh Jewellers shares listed at Rs 103.30, a premium of 11.08 per cent over the offer price of Rs 93. Meanwhile, on BSE, the stock debuted at Rs 102.20, up 9.89 per cent.
 "Shankesh Jewellers shares list at 11% premium, beat expectations")
Vodafone Idea surges 5% in weak market on huge volume; here's why
According to reports, Vodafone Idea is in the final stages of closing debt funding from a State Bank of India (SBI)-led consortium of public sector banks.
 "Vodafone Idea surges 5% in weak market on huge volume; here's why")
Ceigall India gains 5% after winning ₹705-crore Arunachal road project
Ceigall India received Letters of Acceptance from the Ministry of Road Transport & Highway for the construction of a key section of the Lada-Sarli section of NH913 in Arunachal Pradesh.
 "Ceigall India gains 5% after winning ₹705-crore Arunachal road project")
PVR Inox rallies 4%, hits 52-week high on share buyback plan
The meeting of the PVR Inox board of directors is scheduled for August 31, 2026, to consider and approve, among other things, a proposal for the buyback of the company's equity shares.
 "PVR Inox rallies 4%, hits 52-week high on share buyback plan")
TCS reverses early gains, down 1%: What deal with Porsche means for company
Brokerages JM Financial and Emkay Global maintained their 'ADD' ratings on TCS stock following the strategic deal announcement with Porsche.
 "TCS reverses early gains, down 1%: What deal with Porsche means for company")
Sunshine Pictures shares make decent debut, list at 10% premium
Sunshine Pictures shares opened at ₹395.90 on the National Stock Exchange (NSE), up ₹35.90, or 9.97 per cent, over the IPO issue price of ₹360.
Hindustan Copper cracks 7% as govt OFS opens; floor price at 10% discount
Hindustan Copper OFS: The government has fixed the floor price of ₹514 a share, implying a discount of 10.4 per cent from the previous close of ₹574.15 on the NSE.
 "Hindustan Copper cracks 7% as govt OFS opens; floor price at 10% discount")
Hindustan Zinc among top 3 stock picks by Geojit Investments for near term
Anand James, Chief Market Strategist at Geojit Investments, has recommended three stocks, including Hindustan Zinc, Skipper and Parag Milk Foods
 "Hindustan Zinc among top 3 stock picks by Geojit Investments for near term")
Closing Auction System set for first monthly derivatives expiry test
Tuesday's expiry will see a broader swath of derivatives positions, including physically settled single-stock options, tied to the auction-generated closing prices
 "Closing Auction System set for first monthly derivatives expiry test")
Asian shares slip as tech stocks weigh ahead of key Nvidia results
The tech sector is holding its breath for Nvidia's results on Wednesday; investors are aware how hard it will be for the chipmaker to meet lofty expectations
 "Asian shares slip as tech stocks weigh ahead of key Nvidia results")
HDFC Life, Home First Finance are Shrikant Chouhan's top picks
Shrikant Chouhan of Kotak Securities recommends buying HDFC Life Insurance and Home First Finance given their strong fundamentals.
 "HDFC Life, Home First Finance are Shrikant Chouhan's top picks")
Stocks to watch: Hindustan Copper, TCS, Refex Industries, Lenskart, Suzlon
Stocks to watch today: Hindustan Copper OFS will be launched by the government today, while TCS has signed an agreement with Porsche.
Index funds gain ground as ETFs lose share of India's passive fund market
Index funds' AUM grows at a 5-year CAGR of 74.1%
 "Index funds gain ground as ETFs lose share of India's passive fund market")
Page Industries gains hinge on volume growth as margin pressures persist
Page Industries has retained its double-digit volume growth guidance for FY27, but elevated raw material costs and premium valuations could limit near-term gains
 "Page Industries gains hinge on volume growth as margin pressures persist")
Gold loan market gets crowded: Will new entrants dull incumbents' sheen?
Gold loans stood at around ₹18.6 trillion, or nearly 11 per cent of retail credit, after growing at a 34 per cent CAGR between FY21 and FY26.
 "Gold loan market gets crowded: Will new entrants dull incumbents' sheen?")