Markets News

Stock Market Close: Sensex zooms 1,109 pts after FM's comments on LTCG, STT; Nifty ends at 22,722

Sensex Today | Stock Market Highlights, Tuesday: The benchmark indices closed sharply higher after the Finance Minister said she would be keen to hear market participants' views on LTCG and STT

Shriram Finance rallies 7%; what's driving NBFC stock price?

Shriram Finance stock corrected 10% over the past month amid a combination of factors, including renewed escalation in the West Asia conflict, a sharp rebound in crude prices and elevated bond yields.

ICICI Life Insurance share price drops 4% from day's high post Q2 results

ICICI Life Insurance on Tuesday reported 25% YoY jump in Q2FY27 net profit at ₹374.22 crore, backed by 16.6% YoY growth in net premium income at ₹13,803.90 crore.

Nestle India Q2 preview: Strong volumes to drive growth; PAT may top ₹1k cr

Nestle India could outperform peers, supported by strong brand franchises, resilient demand, efficient distribution networks and disciplined cost management, said brokerages.

Paytm, Mobikwik, Pine Labs rebound even as NPCI defers MDR on UPI; read why

The MDR, which was to be applicable from October 15, will now come into force after Diwali, according to a notification by NPCI.

PNB Gilts stock zooms 12%; pares gains post Q2 results

PNB Gilts on Tuesday reported a turnaround in Q2 net profit on a YoY basis, but PAT was down 44% on a QoQ basis.

Cable & Wire stocks: Polycab, KEI, R R Kabel, Quadrant Future slip up to 5%

As of Tuesday, Polycab, KEI Industries, R R Kabel and Quadrant Future Tek were down up to 24% from their respective 52-week highs touched in September.

Mirae Asset: Oil volatility to rise ahead of midterm; Brent may test $120

Mohammed Imran of Mirae Asset Sharekhan expects Brent to become more volatile ahead of the US midterm election. Brent futures may test the resistance of $120/b in the near term.

Maruti Suzuki tanks 33% in calendar year 2026; stock hits 18-month low

Maruti Suzuki: The stock traded at its lowest point since April 2025 amid worries that profitability could take a hit owing to high commodity prices in the near term.

SMIDs rally heats up bets in IPO & secondary market; raises bar on earnings

Smaller IPOs delivered stronger returns than larger issues in the six months, while retail money increasingly flowed into small- and mid-cap funds

Nifty at 26,500 in 4-5 months: What's behind Monarch Capital's bull call?

Nifty target: Monarch Networth Capital expects the index to hit new all-time highs of 26,000-26,500 within the next 4-5 months, suggesting an upside of 18 per cent from the last close.

F&O alert: Polycab to exit NSE's Futures & Options segment; stock dips 5%

The NSE's decision to exclude Polycab India from the F&O segment follows its admission to the Insolvency and Bankruptcy Code (IBC) framework by the National Company Law Tribunal (NCLT).

Stocks to watch: HCLTech, RBL Bank, IRCON, TMPV, Hero Motors, Nazara Tech

Tata Elxsi, Hero Motors, Anand Rathi Share and Stock Brokers, Den Networks, GTPL Hathway, PNB Gilts, ICICI Prudential Life Insurance will announce their quarterly earnings on October 13.

DMart extends slide, hits new 52-week low; stock down 12% in October

Avenue Supermarts (DMart) stock declined 5% in the last two trading sessions, and traded lower for the fourth straight day, falling up to 8% in the period.

Buzzing stock: Why is Bandhan Bank share price up 8% in trade today?

Kranthi Bathini said that the news about marquee investors investing in Bandhan Bank could generate interest among investors, given the bank's current valuation.

Max Healthcare slips 20% in 3 weeks, stock hits over 2-year low; here's why

Max Healthcare share price: In the past three days, the stock price of the hospital company slipped 7% on reports that the government plans to extend the 30% price caps to non-scheduled cancer drugs.

IRCON International stock zooms 6% on ₹862 crore order win from railways

IRCON has been awarded an EPC contract by East Central Railway. At the end of the June quarter, IRCON's order book stood at ₹23,366 crore.

RBL Bank plunges 8% even as Q1 profit zooms 170% YoY; analysts bullish

RBL Bank's net profit rose 170 per cent YoY to ₹482 crore on the back of a net interest income (NII) growth of 37 per cent to ₹2,131 crore.

Nifty IT shines, up 3%; HCL Tech, TCS, LTM, Tech Mahindra surge up to 5%

In the past four trading days, Nifty IT index outperformed the market by gaining 5.6% as against a 1.2% rise in the Nifty 50.

ICICI Prudential AMC gains 2% after steady Q2 nos, positive analyst views

Post Q2, brokerages have shared a constructive view on ICICI Prudential AMC, with Jefferies saying the quarter was a beat led by higher revenue yield. It has kept Buy rating & raised target to ₹3,760.