Markets

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap was up 0.54 per cent and the Nifty SmallCap fell 0.1 per cent

Federal Bank shares fell 4 per cent after it issued a clarification on reports that it may acquire a controlling stake in Jana Small Finance Bank.

The main source of uncertainty remains the US-Iran standoff and the continuing disruption around the Strait of Hormuz.

Gold loans stood at around ₹18.6 trillion, or nearly 11 per cent of retail credit, after growing at a 34 per cent CAGR between FY21 and FY26.

Despite today's fall, IIFL Finance shares remain 8.7 per cent higher on a year-to-date (YTD) basis and 47 per cent for the last one year.

Among the basket, Fertilisers and Chemicals Travancore rose the most, rallying over 14 per cent to an intra-day high of ₹894.

On NSE, Shankesh Jewellers shares listed at Rs 103.30, a premium of 11.08 per cent over the offer price of Rs 93. Meanwhile, on BSE, the stock debuted at Rs 102.20, up 9.89 per cent.

Ceigall India received Letters of Acceptance from the Ministry of Road Transport & Highway for the construction of a key section of the Lada-Sarli section of NH913 in Arunachal Pradesh.

Brokerages JM Financial and Emkay Global maintained their 'ADD' ratings on TCS stock following the strategic deal announcement with Porsche.

Sunshine Pictures shares opened at ₹395.90 on the National Stock Exchange (NSE), up ₹35.90, or 9.97 per cent, over the IPO issue price of ₹360.

Hindustan Copper OFS: The government has fixed the floor price of ₹514 a share, implying a discount of 10.4 per cent from the previous close of ₹574.15 on the NSE.

Annu Projects IPO is entirely a fresh share sale, with no offer for sale (OFS) component.

Anand James, Chief Market Strategist at Geojit Investments, has recommended three stocks, including Hindustan Zinc, Skipper and Parag Milk Foods

Shrikant Chouhan of Kotak Securities recommends buying HDFC Life Insurance and Home First Finance given their strong fundamentals.

Stocks to watch today: Hindustan Copper OFS will be launched by the government today, while TCS has signed an agreement with Porsche.

Symbiotec Pharmalab stands out as the preferred long-term pick, backed by SBI Securities' 'Subscribe' rating and Master Capital's positive view on its specialised business.

The first principle of allocation is, 'Invest first, investigate later,' said Harini Dedhia, fund manager at Tamohara.

Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap rose 0.13 per cent and the Nifty SmallCap fell 0.26 per cent

The buying momentum came after the logistics solutions provider announced that it had signed a pact with Japan-based Sankyu Inc to collaborate across supply chain and engineering services.

Welspun Corp share price hit a fresh high of ₹2,400 on the BSE, up 4 per cent against the last closing price of ₹2,306.40.