Technical analysts flag that Nifty ranged between 23,600-24,600 after the initial rally in FY27; however, select momentum indicators show improvement for the BSE, NSE benchmark indices on charts.
The buying interest in the stock came after the company announced a five-year contract worth over $230 million for an AI-led transformation engagement with a major client in Europe
The stock fell 5 per cent to hit its lower circuit limit of ₹352.65 on the NSE during the intraday session. Trading in the stock was subsequently halted after it locked at the lower circuit.
Meesho said it continued investing in AI capabilities, engineering productivity and new consumer acquisition while maintaining a disciplined capital allocation approach.
The stock made a stronger-than-expected market debut, listing at ₹504 on the BSE, a premium of ₹80, or 18.87 per cent, over its issue price of ₹424 per share
NTPC Green Energy informed the exchanges that its board has approved the incorporation of a wholly owned subsidiary/special purpose vehicle (SPV) for the development of renewable energy projects
The brokerage expects growth in collections and healthy cash flows to support business development while keeping leverage at healthy levels over the coming years
SBI Funds Management is now listed on Dalal Street, giving investors a new AMC stock to consider. Analysts decode which AMC stock is better placed for investors - SBI Funds, ICICI Pru AMC or HDFC AMC
Bajaj Auto reported a 46 per cent year-on-year (Y-o-Y) rise in consolidated net profit to ₹3,225.63 crore in Q1FY27, while revenue increased 65 per cent Y-o-Y to ₹21,688.8 crore.
According to Chandan Taparia of MOFSL, option data suggests a broader trading range between 23,800 and 24,600, while the immediate range is between 24,000 and 24,400
The HDFC Nifty Metal ETF will be managed by Abhishek Mor and Arun Agarwal, while the HDFC Nifty Metal ETF FOF will be managed by Nandita Menezes and Arun Agarwal.
The report showed that average monthly net inflows remained strong over the past year. Mid-cap funds attracted average monthly inflows of around ₹4,777 crore
Brokerages expect Bajaj Auto to report strong Q1FY27 revenue growth, driven by volume expansion, export momentum, currency tailwinds, and a better product mix
Reliance Industries reported better-than-expected earnings for the April-June quarter (Q1FY27), aided by stronger revenue and margins in its oil-to-chemicals (O2C) and digital services businesses
