Markets News

Closing auction mechanism settles after turbulent debut as swings ease

Sensex and Nifty witness the week's lowest session-end volatility on Friday

Updated On: 07 Aug 2026 | 11:02 PM IST

Healthy order book, new biz growth to drive gains for Samvardhana Motherson

Samvardhana Motherson shares climbed over 9% after reporting strong June quarter earnings, with brokerages raising target prices on robust growth prospects

Updated On: 07 Aug 2026 | 10:50 PM IST

SBI shares gain 3.5% as Q1 profit jumps 10% to ₹21,121 crore, NII up 15%

SBI has reported a standalone net profit of ₹21,121 crore in Q1FY27, up 10 per cent from ₹19,160 crore posted in the same quarter a year ago.

Updated On: 07 Aug 2026 | 2:14 PM IST

Why did Tata Chemicals shares jump 6% in intraday trade on Friday?

Tata Chemicals shares are buzzing in trade as traders reacted to the RBI's decision to retain Tata Sons on the list of NBFCs in the Upper Layer (NBFC-UL).

Updated On: 07 Aug 2026 | 1:08 PM IST

Tata Investment Corporation share price rises 7% after Q1 results

Tata Investment is an NBFC promoted by Tata Sons. For the June quarter of FY27 (Q1FY27), the company reported a net profit of ₹143.5 crore, down 2 per cent Y-o-Y.

Updated On: 07 Aug 2026 | 11:52 AM IST

Britannia shares jump 5% after Q1 nos; Nomura retains 'Buy' for 20% upside

Nomura has retained its 'Buy' rating on Britannia shares after the Q1 results, with a target price of ₹6,500. The target implies an upside of 20.3 per cent from the previous close of ₹5,404.

Updated On: 07 Aug 2026 | 10:30 AM IST

Defence stocks add ₹2.5-trn in m-cap in June quarter; more headroom left?

Analysts said that defence sector's long-term outlook remains constructive, supported by robust order books that provide multi-year revenue visibility.

Updated On: 06 Aug 2026 | 10:48 PM IST

Technocraft Ventures IPO review: Brokerages split; GMP stands at 6%

Technocraft Ventures IPO review: Brokerages have shared mixed views. While SBI Securities has assigned a 'Neutral' rating, Anand Rathi and Swastika have recommended 'Subscribe'.

Updated On: 06 Aug 2026 | 3:18 PM IST

Hindalco snaps 6-day winning streak post Novelis Q1; Emkay sees 11% upside

Post Novelis' earnings, Emkay Research has maintained its 'Add' rating on Hindalco Industries with a target price of ₹1,150.

Updated On: 06 Aug 2026 | 11:36 AM IST

Juniper Green Energy shares list at 9% premium; is it a buy?

Juniper Green Energy share price: The listing of Juniper Green Energy shares was in line with grey market activity, which signalled a listing gain of 6 to 8 per cent for IPO investors.

Updated On: 06 Aug 2026 | 10:24 AM IST

Closing auction session gap narrows, but stock market worries remain

The gap between the Sensex and Nifty narrowed for a third straight session after the Closing Auction Session rollout, though market participants say structural concerns remain.

Updated On: 05 Aug 2026 | 11:56 PM IST

LIC OFS ends with retail portion undersubscribed, institutions drive demand

Retail investors bid for only 69% of the shares reserved for them, even as institutional interest prompted the government to increase the offer size

Updated On: 05 Aug 2026 | 11:17 PM IST

BSE urges brokers to widen participation in closing auction session

The exchange has asked brokers to promote investor participation, display indicative equilibrium prices and strengthen order-routing tools to improve price discovery under the new closing auction fram

Updated On: 05 Aug 2026 | 9:10 PM IST

Stock Market Close: Sensex gains 152 pts, Nifty settles at 24,624 as RBI maintains status quo

Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty signalled a gap-up open for the benchmark Nifty50 index. Markets in the Asia-Pacific region were trading higher

Updated On: 05 Aug 2026 | 3:52 PM IST

Ola Electric up 11% after Axis Energy pact; zooms 91% from March low

Ola Electric Mobility said that it has signed a Memorandum of Understanding (MoU) with Axis Energy outlining the potential deployment of up to 20 GWh of battery energy storage systems by 2032.

Updated On: 05 Aug 2026 | 3:21 PM IST

Rupee gains post RBI policy; analysts say may rise to 90/$ by year-end

Analysts expect the rupee to improve further and may move back towards 90 by the end of this year, supported by several reasons, including a drop in oil prices and FIIs showing positive signs.

Updated On: 05 Aug 2026 | 12:48 PM IST

Manipal Health lists at 11% premium, beats GMP estimates; should you buy?

Manipal Health Enterprises share price: On Dalal Street, Manipal Health Enterprises will directly compete with major listed hospital peers like Apollo Hospitals, Max Healthcare, and Fortis Healthcare.

Updated On: 05 Aug 2026 | 10:00 AM IST

Ardee Industries raises ₹128 cr from anchor investors ahead of IPO

Ardee Industries Ltd, a leading firm in secondary metals and circular economy sectors, on Tuesday raised Rs 128 crore from anchor investors ahead of its IPO, which will open for subscription on Wednesday. The company allotted 2.41 crore equity shares to anchor investors at Rs 53 apiece, the upper end of the initial public offering (IPO) price band, according to a circular uploaded on the BSE website. The anchor book saw participation from Bank of India Mutual Fund, Ashish Kacholia-led Bengal Finance & Investment Pvt Ltd, Rohit Kothari-led Winro Commercial (India) Ltd, The Wealth Company Alternates Trust, India Max Investment Fund Ltd, Cognizant Capital Dynamic Opportunities Fund, IMAP India Capital Investment Trust and Catalyst New India Fund. The company's IPO will open on August 5 and conclude on August 7. The price band has been fixed at Rs 50-53 per equity share for the issue, valuing the company at Rs 1,671 crore. Last week, Ardee Industries completed a pre-IPO secondary ...

Updated On: 04 Aug 2026 | 11:20 PM IST

BSE Q1 net profit jumps 62% to ₹873 crore on strong revenue growth

Leading stock exchange BSE Ltd on Tuesday reported a 62 per cent jump in consolidated net profit to Rs 872.66 crore for the quarter ended June 2026, driven by strong revenue growth. The exchange had posted a net profit of Rs 538 crore in the same quarter of the preceding fiscal. BSE's total income surged 63 per cent to Rs 1,706.72 crore in the June quarter from Rs 1,044.45 crore in the year-ago period, according to a regulatory filing to the NSE. On a sequential basis, net profit increased nearly 10 per cent from Rs 795.47 crore in the March 2026 quarter, while total income rose from Rs 1,630 crore. The exchange's total expenses climbed to Rs 536.69 crore in the June quarter from Rs 359.34 crore a year ago. Among key expenses, regulatory contribution stood at Rs 192.78 crore, clearing and settlement expenses at Rs 90.28 crore, employee benefit expenses at Rs 87.05 crore and technology costs at Rs 60.82 crore.

Updated On: 04 Aug 2026 | 11:20 PM IST

LIC's OFS oversubscribed 3.32 times; govt uses 4% greenshoe option

Shares tumbled nearly 9% on Tuesday even as bids worth over Rs 36k cr recd; settle at an over two-month low

Updated On: 04 Aug 2026 | 10:34 PM IST