Axis Capital believes Meesho is well placed to benefit from e-com growth driven by rising tier 2 penetration, leveraging its value play and 'affordability' flywheel to drive user growth
Going ahead, analysts believe the probability of another year of relative underperformance remains high, unless earnings improve meaningfully, crude stabilises, and foreign flows return
Elara said the Nifty50 is currently trading at around 17.3 times one-year forward earnings, nearly 7 per cent below its 10-year average of 18.6 times, placing it in a historical 'bounce zone'
Tata Chemicals, Tata Communications, Tata Investment Corporation, Tata Technologies, Trent and Tata Motors Passenger Vehicles from the Tata Group have hit 52-week lows.
The buying on the counter came after Urban Company announced that its quick-service housekeeping vertical, InstaHelp, has surpassed 1 million monthly delivered bookings in March.
Since February 27, 2025, when the war began, India VIX has spiked over 100 per cent
The Nifty50 is expected to close the fiscal year 2026 (FY26) with nearly 3 per cent loss, against a 5.3 per cent gain in the preceding financial year.
Stock Market crash today: Sensex and Nifty 50 snapped their two-day gaining streak on Friday after US President Donald Trump extended his deadline for Iran to reopen the Strait of Hormuz to April 6
Since February 27, 2025, when the war initiated, India VIX has spiked over 90 per cent
Nifty Metal fell as much as 1.6 per cent in trade to day's low at 11,156.7. At 10:49 PM, 14 out of 15 stocks on the index traded with losses
In the morning deals, the domestic currency hit a new low at 96.16 against the US dollar
Nomura believes the above two acquisitions and Versent (which is pending closure due to regulatory approvals) could contribute 225 basis points (bps) to Infosys' revenue growth in FY27F
In a month, IndiGo shares have declined over 10 per cent, compared to Sensex's fall of over 7 per cent
Stock market holiday: Trading and settlement activities across the equity, equity derivatives, and Securities Lending and Borrowing (SLB) segments will be suspended on both exchanges
Nomura has initiated coverage on Sagility with a 'Buy' rating and target price of ₹55, implying 40 per cent upside from current levels
A positive RSI divergence, in general, is considered a bullish technical signal. Tech analysts expect Nifty to target 23,800 levels on the upside.
Motilal Oswal believes Bajaj Finserv is entering a phase of broad-based growth as it strengthens its presence across lending, insurance, and emerging financial platforms
According to Vinay Rajani of HDFC Securities, the stock price of Aurobindo Pharma has broken out from the bullish flag pattern on the daily chart
At the close, Sensex jumped 1,372.06 points or 1.89 per cent to settle at 74,068.45. Similarly, the Nifty 50 index ended 399.75 points or 1.78 per cent higher at 22,912
Individually, Mphasis shares were up 3.15 per cent, followed by Infosys, Tech Mahindra, Persistent Systems, HCLTech, Oracle Financial Services Software, and LTIMindtree up over 2 per cent.