Market Trends

Top buyers in ITC's block deal on Thursday: Fidelity Advisor Series VIII-Fidelity Advisor Overseas Fund, ICICI Prudential MF, SBI MF, Nippon India MF and Citigroup Global Markets Singapore Pte.

Motilal Oswal Financial Services initiated coverage on Torrent Power with a Neutral rating and a sum-of-the-parts (SoTP)-based target price of ₹1,270.

NSDL hit a new lifetime low on Friday; the stock shed 7% in FY27 and was down 48% from its peak. CDSL gained 13% so far this fiscal but has declined 38% from its December 2024 summit.

Analysts at Kotak Institutional Equities believe the rate hike cycle poses limited risk for banks, given healthy balance sheets, tighter underwriting standards and stronger borrower fundamentals.

According to reports, Thermax plans to divest over 51% stake in its renewable energy subsidiary First Energy, with an estimated enterprise value of ₹3,000 crore.

According to reports, the Centre has decided to cap trade margins for all non-scheduled anti-cancer drugs at 30 per cent of the MRP.

At current levels, the NSE Nifty is on course to log its longest (9th) weekly losing streak since April 2001, shows market data. Technical analyst expect support around the psychological 22,000-mark.

Thus far in calendar year 2026, KMEW's share price zoomed 70% against a 16% decline in the BSE Sensex.

PNGS Reva Diamond Jewellery share price hit a new high of ₹738.40 in Thursday's trading session, and has zoomed 125 per cent from its 52-week low of ₹328 hit on March 30, 2026.

Adani Enterprises' stock price on Thursday quoted at its lowest level since May 14, 2026, having declined 13% in the last six trading sessions.

Elara Capital believes that Sun TV holds a highly cash-generative TV business, underpinned by a strong sports portfolio, while the core media segment remains the 'cash cow'.

Power Grid, NMDC, IREDA, IRFC, RCF, RVNL, SJVN and Mazagon Dock Shipbuilders hit 52-week lows on the BSE in Thursday's intraday deals.

According to reports, the implementation of the new UPI MDR framework is likely to be deferred to January 1, 2027 from the earlier proposed October 15 rollout, with no final decision yet.

Analysts estimate 31% occupancy for PVR Inox, aided by a strong performance of Hollywood content such as Odyssey and Spider-Man: Brand New Day, along with sleeper hits like Hanuman Ansh.

In the past year, Cupid's stock price zoomed 701 per cent against a 4.6 per cent fall in the Nifty 500 index.

Kanohar Electricals' share price hit a new high of ₹1,129.35 on the BSE in Wednesday's intra-day deals, having zoomed 79% from its issue price of ₹632 per share.

At 10:31 AM on Wednesday, the Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services traded up to 1% higher; while, the Nifty Auto and Nifty Realty remained in negative zone.

PTC Industries' QIP issue opened on Wednesday at a floor price of ₹22,150 per share, with the company having the option to offer a discount of up to 5% to the floor price.

Reports suggest that in its bid to meet the growing requirements of indigenous helicopter platforms, HAL plans to establish a second production line for Shakti engines at its Koraput facility.

Meesho said its Net Merchandise Value (NMV) through its content commerce ecosystem grew 152% YoY supported by over 160,000 active creators over the last 12 months across India.