Page 3 - Heena Ojha

Tata stocks fall up to 8% amid rift over Tata Sons listing, Chandra's term

Tata Sons cleared N. Chandrasekaran's five-year reappointment and its proposed listing. Tata Trusts has opposed both the reappointment and listing, citing the Trusts' public-purpose role in the group.

Steel price rally likely to lift earnings; MOFSL favours JSW, Tata Steel

MOFSL highlighted JSW Steel and Tata Steel as its top picks, noting that companies with stronger cost positions, captive raw materials and greater value-added exposure should be better positioned to d

Nifty IT slumps 1% as Fed rate hike sparks fresh selling in tech stocks

The weakness in IT stocks was followed by the US Federal Reserve's decision to hike the key lending rate by 0.25 basis points to 3.75-4 per cent.

ITC leads as Nifty FMCG gains 2%; festive season puts sector in focus

In the Nifty FMCG basket 13 stocks advanced while only 2 declined. Intraday, the FMCG index was up 1.82 per cent to 45,645.20.

Defence stocks tank up to 14%, index down 5%; analysts flag downside risks

Solar Industries India slipped 14 per cent to ₹19,225 in Tuesday's intraday trade. The Defence index was down 5.48 per cent to 9,190.60.

Coforge extends fall on chairman's exit; Jefferies sees limited impact

Last week, Coforge's Chairman resigned with immediate effect amid concerns raised by an internal audit over the Board's Evaluation Exercise.

NSE IPO: Beyond the hype, 10 strengths and 10 risks to consider

The IPO is proposed to list on September 24 and the issue's price band is set between ₹1,700-₹1,785 per share

HDFC Bank records best single-day gain in over 2 months; stock up 3%

uesday's gain marked the stock's biggest single-day surge in more than two months, with the last comparable jump recorded on July 6.

Nifty Metal plunges 3% as West Asia tensions and oil surge hit stocks

Nifty Metal fell as West Asia tensions and crude above $108 raised supply-chain and transport cost concerns.

NSE IPO countdown: India's biggest exchange heads to D-St; key details here

The NSE IPO is purely an offer-for-sale issue, meaning none of the proceeds will go to the exchange; instead, early investors are offloading their stake.

Oil, yields surge batter bank stocks; Nifty Bank index sinks 1.3%

Oil prices spiked to near $110 a barrel, on track to end the week at over $100 a barrel for the first time ​since mid-May.

Welspun Living, Raymond top picks amid export tailwinds: Jefferies

Jefferies has initiated coverage with a 'Buy' call for Welspun Living and Raymond Lifestyle.

Karamtara IPO: Should you bet on this green energy firm? Analysts weigh in

The issue is a combination of fresh issue of 2.66 crore shares aggregating to ₹675 crores and offer for sale of 78.74 lakh shares aggregating to ₹200 crores.

Rentomojo IPO a play on fast-growing rental economy; analysts bullish

IPO is a book build issue of ₹1,255 crores. Issue is a combination of fresh issue of 37.15 lakh shares aggregating to ₹150 crores and offer for sale of 2.74 crore shares aggregating to ₹1,105 crore.

Nifty IT tumbles 4% as Coforge, US Fed rate hike fears trigger sell-off

n the IT basket, stocks registered declines in the range of 5-9 per cent. Based on the day's low, Coforge emerged as the biggest loser with an 8.7 per cent fall.

6 IPOs open today: Experts weigh top bets amid crowded primary market

Market experts are largely selective, with Karamtara Engineering emerging as the strongest consensus pick, while Rentomojo also finds favour for its growth potential.

'Higher bond yields are making the equity market more earnings sensitive'

Fed expected to hike rate and RBI's recent minutes suggesting a likely start to rate hike cycle, could pave the way for yields to increase, said Elara Securities.

Prasol Chemicals IPO: Growth, margins impress but experts split; here's why

Prasol Chemicals Ltd.'s IPO has a price band of ₹643-676 per share and a total issue size of ₹500 crore, comprising a fresh issue of ₹80 crore and an offer for sale (OFS) of ₹420 crore.

TCS falls 1% as JM Fin expects macro pressures to stay; stock down 30% YTD

The brokerage firm noted that the company's commentary continues to indicate decent demand; however, macro uncertainty persists.

Nifty IT tumbles 3% as Fed rate hike bets rise; Infosys leads losses

In the IT basket, stocks registered declines in the range of 2-4 per cent. Infosys emerged as the biggest loser with a 3.8 per cent fall.