Markets News

Markets crash: Sensex down 1,680 pts intraday, Nifty at 23,555; key reasons

The Sensex touched a low of 75,868, down 1,682 points, or 2 per cent. Likewise, the Nifty 50 hit an intraday low of 23,555, down 495 points, or 2 per cent

Stock Market Close: Sensex drops 703 points, Nifty at 23,843; Adani Ent, ICICI Bank top gainers

Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.57 per cent and 0.46 per cent down, respectively

NSE gets govt nod for name reservation of proposed coal exchange firm

NSE said it has committed an initial capital infusion of up to ₹100 crore and will hold a 60 per cent stake in the venture; and the remaining 40 per cent will be offered to other shareholders

Zydus Wellness shares jump 13% on heavy volumes, hit new 52-week high

As of 2 PM, Zydus Wellness shares remained firmly in positive territory, trading nearly 10 per cent higher at ₹537.40.

Why did Tata Chemicals, Tata Investment rally up to 12% in weak market?

Tata Chemicals and Tata Investment rally follows renewed calls from the Shapoorji Pallonji (SP) Group, a key minority shareholder in Tata Sons, for the conglomerate to go public

MCX shares rise over 3% in weak market; m-cap tops ₹70,000 crore

MCX shares were seen trading northward, with a gain of 2.9 per cent at ₹2,742.7 on the National Stock Exchange

Jyoti CNC tanks 16% as arm Huron Graffenstaden faces French judicial probe

The selling on the counter came after Jyoti CNC Automation's subsidiary Huron Graffenstaden SAS was investigated by French authorities over alleged violations of European Union export control laws

Power stocks defy market slump, rally up to 9% intraday; here's why

Investors are betting big on the power sector companies, expecting a rise in electricity demand ahead of the peak summer season.

Atul Auto, JBM, Olectra shares rise up to 19% in weak market; here's why

The buying on the counters came after the Delhi government proposed a 100 per cent exemption on road tax and registration fees for electric cars priced up to ₹30 lakh

Emkay Global initiates on Avenue Supermarts with 'Sell', sees 16% downside

DMart is unlikely to see meaningful same-store sales growth improvement, except for seasonal fluctuations and possible price hikes by brands, given the competitive intensity in the sector

InterGlobe Aviation shares tank 6% as oil prices rise above $100/bbl

Crude oil prices surged above $100 per barrel as escalating tensions in West Asia spooked investors

BPCL, HPCL, IOC: OMC shares tank up to 6% after crude oil rises over 7%

The selling in HPCL, IOCL, BPCL came after oil prices surged above $100 per barrel as escalating tensions in West Asia spooked investors.

Upstream oil stocks mixed as crude hits $105; RIL, ONGC under pressure

Crude oil prices topped the $100 per barrel mark after the failure of ceasefire talks between the United States and Iran in Islamabad over the weekend to reach an agreement

Swiggy share price falls over 4% after co-founder Nandan Reddy resigns

Swiggy share price today: Swiggy shares fell over 4 per cent in trade after co-founder Lakshmi Nandan Reddy Obul stepped down from the company's board.

Fertiliser stocks slide as US Hormuz blockade, China ban hits sentiment

India is the world's second-largest fertiliser consumer after China and depends heavily on imports of both raw materials and finished products

West Asia tensions drag gas stocks; Petronet, GAIL fall up to 5%

Notably, the six-week-long war in West Asia has disrupted global energy supply. India is a net importer of natural gas, relying on overseas supplies for the majority of its consumption.

Watch out for 24,000 level on the Nifty; market structure weak: Analysts

Here's how leading market analysts see the road ahead for Indian markets amid the recent developments.

HSBC Global bets on renewables; initiates 'Buy' on ACME Solar, Clean Max

The brokerage initiated 'Buy' on ACME Solar with a target price of ₹350. Similarly, Clean Max is rated 'Buy' as well with a target price of ₹1,150.

Stocks to Watch today: LIC, Mahanagar Gas, OMCs, Maruti, L&T, M&M, Swiggy

Stocks to watch today: OMCs and upstream oil companies like IOCL, BPCL, HPCL, Oil India, and ONGC are among the key stocks in focus amid rising geopolitical tensions.

Stocks to buy today: M&M, Waaree Energies; check target, stop-loss

M&M and Waaree Energies shares show strong bullish technical setups. Osho Krishan of Angel One recommend 'Buy' with defined stop losses and target prices.