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SI Reporter

SI Reporter

The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.

Si Reporter

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.

Updated On: 10 Mar 2026 | 3:47 PM IST

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

Updated On: 10 Mar 2026 | 3:18 PM IST

TCS stock at lowest level since October 2020, tanks 17% in 1 month

Thus far in the calendar year 2026, TCS's market price plunged 23 per cent, as against 7.4 per cent decline in Nifty 50, data shows. The NIfty IT index lost over 1 per cent in trade on Tuesday.

Updated On: 10 Mar 2026 | 2:15 PM IST

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

Updated On: 10 Mar 2026 | 2:01 PM IST

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

Updated On: 10 Mar 2026 | 1:03 PM IST

IndiGo, SpiceJet shares rally up to 8% on easing oil prices

Notably, airline companies benefit from lower fuel prices, as aviation turbine fuel (ATF) accounts for a significant portion of their operating costs

Updated On: 10 Mar 2026 | 12:44 PM IST

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

Updated On: 10 Mar 2026 | 12:38 PM IST

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

Updated On: 10 Mar 2026 | 11:45 AM IST

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

Updated On: 10 Mar 2026 | 11:07 AM IST

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

Updated On: 10 Mar 2026 | 10:30 AM IST

Crypto rally lifts BTC to $70k, ETH $2k; analysts cite market resilience

Crypto Market: Meanwhile, early signs of capital rotation are emerging as inflows into Bitcoin investment products resume, while some profit-taking appears to be occurring in gold

Updated On: 10 Mar 2026 | 10:13 AM IST

Swan Defence slips 4% as promoter proposes to sell 5.01% stake via OFS

The selling pressure came after the promoter, Hazel Infra, proposed to sell 5.01 per cent of equity shares through offer for sale (OFS)

Updated On: 10 Mar 2026 | 10:13 AM IST

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

Updated On: 10 Mar 2026 | 10:04 AM IST

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

Updated On: 10 Mar 2026 | 9:59 AM IST

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

Updated On: 10 Mar 2026 | 9:38 AM IST

Oberoi Realty growth story intact, says Antique; reaffirms 'Buy' rating

Antique has maintained its Buy call with a target price of ₹1,861 for FY28, based on an embedded Ebitda multiple of 12x, representing a 20 per cent premium to NAV

Updated On: 10 Mar 2026 | 9:04 AM IST

Innovision IPO opens today, Mar 10: Brokerages say 'Avoid'; here's why

Innovision aims to raise ₹323 crore from the public issue, comprising a fresh issue of 4.7 million shares worth up to ₹255 crore and an offer for sale of 1.2 million shares worth up to ₹67.84 cror

Updated On: 10 Mar 2026 | 8:47 AM IST

Adani Power, Cochin Shipyard and 4 other stocks to join NSE's F&O segment

The six stocks that will join the F&O segment include Adani Power, Cochin Shipyard, Hyundai Motor India, Motilal Oswal Financial Services, Nippon Life India Asset Management, and Vishal Mega Mart

Updated On: 10 Mar 2026 | 7:49 AM IST

Emcure Pharmaceuticals soars 9% in weak market on huge volumes

Emcure Pharmaceuticals stock was quoting close to its 52-week high of ₹1,585.50 on Monday, and has surged up to 62% in the last one year.

Updated On: 09 Mar 2026 | 3:06 PM IST

Apollo Pipes stock soars 19% on heavy volumes in weak market; here's why

Apollo Pipes stock price has surged over 65 per cent from its 52-week low of ₹252.16 touched on January 21, 2026

Updated On: 09 Mar 2026 | 3:05 PM IST