Holdings in SBI, ICICI Bank and HDFC Bank accounted for more than one-fifth of the losses for Life Insurance Corporation of India; while L&T alone created a 11 per cent dent, shows ACE Equity data.
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.
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
ICICI Securities has initiated coverage on HDB Financial with a 'Buy' rating and a target of ₹900. The brokerage cites strong parentage of HDFC Bank and robust NBFC growth outlook as key triggers
Sedemac Mechatronics IPO received a decent investor response with an overall subscription of 2.68 times, driven by strong participation from qualified institutional buyers
Elara believes LGEIL could see accelerated revenue growth of 14-16 per cent (upside case) during FY26E-FY30E from the current growth of around 11 per cent
Among sector players, Nomura has maintained Buy recommendations on Tata Steel with a target price of ₹220 per share, JSW Steel at ₹1,340, Jindal Steel at ₹1,280, and Lloyds Metals & Energy at ₹1,600
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
Analysts at BNP Paribas said Eternal and Swiggy shares are attractive after the correction, projecting strong upside in stocks, as AI disruption and competition risks appear overstated
The State Transformation Commission of the Uttar Pradesh government signed an MoU with OneOTT Intertainment Ltd. (OIL), the broadband arm of Hinduja Global Solutions
Solex Energy received approval for capacity addition under the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy
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
Axis Direct expects a pick-up in power demand going into the summer season, providing a tailwind to Coal India's volumes. It has hiked Coal India share price target to ₹500