Markets News

Powerica sets IPO price band at ₹375-395: Check dates, lot size, objective

Powerica aims to raise ₹1,100 crore through a combination of fresh issue of 17.7 million shares worth up to ₹700 crore and an OFS of 10.1 million shares worth up to ₹400 crore

Rupee hits record low at 92.63 as oil prices surge, capital outflows rise

The rupee closed at 92.63 per dollar, eclipsing its previous lifetime low of 92.4750 hit last week

Stock Market Close: Sensex surges 630 pts, Nifty tops 23,700; Oil holds $100-mark; Fed outcome eyed

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 1.94 per cent and 0.170 per cent higher, respectively

Waaree, Premier Energies soar up to 12%, trade at 3-mth high on huge volume

In the past seven trading days, the stock price of Waaree Energies has appreciated by 24 per cent.

₹7 trn gain: Sensex zooms 900 pts, Nifty tops 23,800; Key factors here

Stock market rising today: Sensex and Nifty 50 rallied more than 1 per cent today, building on gains of the past two trading sessions, amid a firm trend in global markets

Geojit upgrades Prestige Estates to Buy on solid pre-sales; sees 28% upside

Prestige Estates Projects (PEPL) is one of the leading real estate developers in India in terms of booking value

Adani group stocks in focus amid ₹2-trn annual capex plan; long-term buys?

Kunal Kamble, technical analyst at Bonanza expects Adani Power to test ₹200 on the upside in the long-term, and Adani Energy Solutions to test ₹1,400 levels.

Aviation stocks in turbulence? Analysts warn of more pain, advise caution

Aviation stocks: IndiGo and SpiceJet face pressure from high oil prices, DGCA free-seat rule, and West Asia tensions. Analysts advise caution despite up to 55 per cent drop in stock price in 2026

Time to buy? Harini Dedhia decodes gap between stock prices & actual value

If you are an investor who believes that buying equity is being a part-owner in a business, this fall in prices demands that you look beyond the prevailing narrative

Nifty IT snaps six-day losing streak, up 4%; Coforge, Persistent lead gains

Nifty IT index: Today's rebound in IT stocks followed a sharp decline over the past six sessions, during which the index had lost 4.6 per cent

Analyst sees Brent in $95-110 band; Bab-el-Mandeb risk may trigger $130/bbl

Three weeks into the most consequential energy shock since the 1973 Arab oil embargo, the full weight of what the Middle East war means for Asia is only beginning to crystallise

Sebi levies ₹2.8 cr fine on 18 entities; debars for 5 yrs in RGRL case

Sebi has directed 15 of these entities to disgorge the total unlawful gains worth ₹2.94 crore, along with 12% interest per annum from December 31, 2021

Nifty Capital Market index jumps 2%; Angel One, MOFSL, KFin zoom up to 9%

However, at current levels, MOFSL, CDSL, KFIN Technologies, Nuvama Wealth Management, CAMS and Angel One quote up to 26 to 36 per cent lower when compared to their respective 52-week highs.

Resolution plan: Why Jaiprakash Power is soaring while JAL shares slip?

The NCLT, Allahabad Bench, orally approved the resolution plan submitted by Adani Enterprises for JAL under the Insolvency and Bankruptcy Code, according to exchange filings

PVR Inox gains ahead of 'Dhurandhar: The Revenge' release; analysts upbeat

'Dhurandhar: The Revenge' is expected to surpass the box office performance of its predecessor, according to PL Capital, as the film gears up for release on Thursday

Urban Company jumps 16% after SBI MF buys additional stake via bulk deal

At 10:14 AM, Urban Company's share price was trading 12.56 per cent higher at ₹123.65. In comparison, Sensex was up 0.31 per cent at 76,305.17

Awfis Space Solutions gains 6% on crossing 100 centres in South India

In a press release, Awfis Space said its southern portfolio now spans more than 3.1 million square feet of chargeable workspace area with a total seating capacity of over 70,000 seats.

Power Finance Corporation stock soars 4%; Motilal Oswal sees more upside

Analysts at MOFSL believe the merger of PFC and REC should deliver meaningful operating synergies through the rationalization of overlapping functions and stronger bargaining power with lenders.

Mankind Pharma shares gain 3% on acquiring Rivotril brand rights from Roche

The acquisition is expected to strengthen Mankind Pharma's presence in the central nervous system (CNS) segment and complement its existing neuro portfolio

M&M share price up 8% in 3 days; analysts upbeat on growth, see 49% upside

M&M share price rose for a third straight session on Wednesday. Analysts at Nomura and SBI Securities are bullish on the stock citing strong SUV demand, EV growth, and attractive valuations