The engineering major's improving execution, expanding order book and healthy margin recovery support growth prospects, but much of the optimism appears priced into the stock
We've also seen significant sector rotation over the past few weeks, making it difficult for fund managers to stay positioned across every segment, says B. Gopkumar, MD & CEO of Axis Mutual Fund.
Total market capitalisation of BSE-listed firms rises to ₹481 trillion, up by ₹37,000 crore
Parent co MakeMyTrip Ltd and ibibo Group Holdings to undertake OFS
Strong Q1FY27 revenue growth, improving rural demand and healthy international business support Dabur's outlook, but sustained revenue momentum remains crucial for a stock rerating
Sebi has allowed SWP and STP facilities for mutual fund units held in demat form, with phased implementation beginning by January 2027
Sebi noted that perpetrators are increasingly deploying advanced techniques such as deepfake voice cloning and AI-generated video calls to impersonate company heads
The 30-share BSE Sensex surged 1,096 points or 1.42 per cent to make an intraday high of 78,281 on Friday. The 50-share NSE Nifty made a high of 24,367, up 295 points or 1.2 per cent.
Stock Markets Close | Friday, July 17: The BSE Sensex closed at 78,151.45, up 964.58 points or 1.25 per cent. The Nifty 50 index settled 261.55 points, or 1.09 per cent northward at 24,334.30.
Federal Bank posted a strong growth in profitability and core earnings, driving investor interest in the counter.
Share price of ICICI Bank hit a 11-month high, gaining 2.2% at ₹1,450 on the BSE in Friday's intra-day deals ahead of its Q1FY27 earnings on Saturday.
At 01:59 PM on Friday, the Nifty Midcap 100 and Nifty Smallcap 100 indices were down 0.6 per cent each, as against 0.7 per cent rise in the Nifty 50 index.
Hawkish Fed commentary and escalation in the US-Iran conflict will keep silver under pressure in the short term. The white metal is quite oversold but can extend its decline to test key support at $54
The US Fed chief Warsh's hawkish stance and rate hike worries due to Middle East tensions would keep Gold prices under pressure.
The promoter group increased its holding through market purchases under Sebi's creeping acquisition rules, taking its stake above 50%
Crude Oil market has moved beyond a simple war-premium story. It's now balancing three forces at once: geopolitical risk around Hormuz, refinery-led product tightness and softer macro-demand impulse.
Central Bank of India reported a 13.3% YoY growth in net profit, backed by 3.1% increase in total income. However, the bank's NPA jumped by 31.1%.
According to NSE data, several institutional investors bought shares of Laser Power & Infra through open-market transactions after its listing on Thursday.
The SMID segment, analysts' caution, is now the most crowded trade in the Indian stock markets.
Heavy selling in AI-related shares and escalating conflict in West Asia pushed Asian markets lower while lifting oil prices