Markets

US-Iran war puts ₹70,000 cr dent in LIC's portfolio; banks, L&T worst hit

Holdings in SBI, ICICI Bank and HDFC Bank accounted for more than one-fifth of the losses for Life Insurance Corporation of India; while L&T alone created a 11 per cent dent, shows ACE Equity data.

Market Close: Sensex gains 640 pts, Nifty tops 24,260; Trump says Iran war may end soon; Oil down 9%

Sensex Today | Stock Market Highlights, Tuesday: The Nifty MidCap and the Nifty SmallCap indices were trading 1.62 per cent and 2.12 per cent higher, respectively.

LPG shortage shuts restaurants across cities; QSR, Eternal, Swiggy stks hit

QSR and food delivery stocks, including Jubilant FoodWorks, Devyani International & Eternal fell as LPG shortage forced restaurants and hotels to shut kitchens across cities like Mumbai and Bengaluru

HDB Financial gets 'Buy' rating from ICICI Sec; target ₹900, 34% upside

ICICI Securities has initiated coverage on HDB Financial with a 'Buy' rating and a target of ₹900. The brokerage cites strong parentage of HDFC Bank and robust NBFC growth outlook as key triggers

Sedemac Mechatronics IPO to list on Mar 11; here's what latest GMP hints at

Sedemac Mechatronics IPO received a decent investor response with an overall subscription of 2.68 times, driven by strong participation from qualified institutional buyers

Elara sees essential-led growth in LG Electronics; starts with 'Accumulate'

Elara believes LGEIL could see accelerated revenue growth of 14-16 per cent (upside case) during FY26E-FY30E from the current growth of around 11 per cent

R Systems International jumps 29% in two days; what's driving the rally?

A total of 40.82 million equity shares of R Systems, valued at approximately ₹1362.07 crore, changed hands on the BSE and NSE during the session

Petronet LNG, IGL, GAIL jump up to 6% on Iran war easing hopes

US President Donald Trump said the war against Iran was "very complete", adding that the US is considering taking control of the Strait of Hormuz

Nomura retains confidence in Indian steel cos; Tata, JSW among top picks

Among sector players, Nomura has maintained Buy recommendations on Tata Steel with a target price of ₹220 per share, JSW Steel at ₹1,340, Jindal Steel at ₹1,280, and Lloyds Metals & Energy at ₹1,600

Middle East crisis to boost defence demand; Motilal Oswal favours 4 stocks

Motilal Oswal Financial Services has a 'Buy' rating on Bharat Electronics, Hindustan Aeronautics, Bharat Dynamics, and Astra Microwave Products

Minda Corp shares advance 5% as unit forms JV with UK's Turntide Drives

Under the proposed shareholding structure, Spark Minda Green Mobility Systems will hold a 49 per cent stake in the venture, while Turntide Drives will own the remaining 51 per cent

Gold, silver ETFs gain up to 4% as precious metals rise amid weak dollar

At 10:48 AM, among others, DSP Silver ETF and Axis Silver ETF up 4 per cent each

BNP Paribas sees up to 83% upside in Eternal, Swiggy; says buy the dip

Analysts at BNP Paribas said Eternal and Swiggy shares are attractive after the correction, projecting strong upside in stocks, as AI disruption and competition risks appear overstated

Hinduja Global Solutions shares jump 16% on UP MoU for Project GANGA

The State Transformation Commission of the Uttar Pradesh government signed an MoU with OneOTT Intertainment Ltd. (OIL), the broadband arm of Hinduja Global Solutions

Tejas Networks jumps 9% after 3-day fall; what's behind the rally?

Tejas Networks stock was trading at ₹461.20, 35.10 points or 8.24 per cent against the previous session's close of ₹426.10

Solex Energy shares gain 8% on ALMM capacity addition approval

Solex Energy received approval for capacity addition under the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy

Ambuja Cements shares gain 3% on positive outlook; Centrum sees 44% upside

Ambuja Cements' stock rose as much as 3.04 per cent during the day to ₹465.7 per share, the biggest intraday gain since February 3 this year

Arvind SmartSpaces jumps 9% as Pirojsha Godrej buys stake via bulk deal

The stock was in demand the day after Pirojsha Adi Godrej, Executive Chairman of Godrej Properties, acquired shares through a bulk deal on BSE

Sensex jumps 800 pts; Nifty tops 24,300 intraday; key reasons here

The Nifty index rose as much as 1.15 per cent, or 275 points, to 24,303.8, while the 30-stock Sensex advanced 1.04 per cent, or 809 points, to 77,566.16

Axis Direct upgrades Coal India to 'Buy'; sees demand tailwinds ahead

Axis Direct expects a pick-up in power demand going into the summer season, providing a tailwind to Coal India's volumes. It has hiked Coal India share price target to ₹500