Markets News

MFs pump funds into private lenders in Feb; pare exposure to SBI

HDFC Bank, ICICI Bank and Kotak Mahindra Bank attract strong inflows from mutual funds in February, while fund houses trim exposure to SBI and other large-cap stocks

Multi, flexicaps best for SIP amid West Asia crisis, say analysts

SIP investment: Experts suggest that investors may consider initiating SIPs in diversified equity schemes such as multi-cap or flexi-cap funds amid a market downtrend

Sensex, Nifty get a breather; broader markets remain under pressure

Benchmark indices rose over 1% after last week's steep fall, led by HDFC Bank, ICICI Bank and Reliance Industries, but broader markets stayed weak amid rising crude prices and global tensions

Central Mine Planning IPO opens Mar 20: Check price band, size, dates, GMP

Central Mine Planning has set the price band for its maiden public issue in the range of ₹163 to ₹172 per share, with a lot size of 80 shares

Sebi outlines measures to boost investment advisory ecosystem: Pandey

Sebi chief Tuhin Kanta Pandey says the regulator will review overlaps between mutual fund distributors and investment advisers and introduce a common advertisement code for intermediaries

Stock market close: Fag-end buying lifts Sensex 939pts, Nifty tops 23,300; auto, banks lead recovery

Sensex Today | Stock Market Highlights, Monday: Broader markets underperformed. The Nifty MidCap and the Nifty SmallCap indices ended 0.43 per cent and 0.65 per cent down, respectively

7 Tata Group, 120 other BSE 500 stocks plunged to new 52-week lows

Analysts see the sharp correction in stock prices and dislocation in parts of the market as an opportunity for investors to review their portfolios and make appropriate changes.

Iran war pushes oil above $100; $110 crude may force fuel price hike: Elara

Crude oil above $110 could become a "breaking point" for India, forcing fuel price hikes and pressuring government finances, says Elara Capital. Notably, oil prices hit $106 per barrel on Monday

Bandhan Bank tanks 12% on huge volumes; why stock price under pressure?

Till 12:57 PM on Monday, a combined 19.96 million shares representing 1.23 per cent of Bandhan Bank's total equity changed hands on the NSE (19.15 million shares) and BSE (0.81 million shares).

Axis Securities retains 'Buy' on Federal Bank, eyes 10% upside: Here's why

Axis Securities has set a target price of ₹290 per share, implying a potential upside of 10 per cent from Friday, March 13, closing price of ₹263 on the NSE

ITI share price surges over 15% in volatile trade amid heavy volumes

The northward movement in the state-owned company's share price is aided by heavy trading volumes

Fino Payments Bank shares hits record low; stock plunges nearly 20%

Fino Payments Bank shares slumped 19.5 per cent in trade on the BSE, touching an all-time low at ₹136 per share and hovering near its 20 per cent lower circuit

Adani Power shares rise 5% after securing 1,600 MW MSEDCL supply contract

Adani Power stock was trading at ₹151.35, up by 3.3 per cent from the previous session's close of ₹146.57

Analysts remain bullish on Polycab despite near-term pressure; here's why

Polycab India is facing export disruptions from the Middle East, the highest contributor to its export portfolio, low volume growth, margin pressure and high input costs.

GIFT City sees first IPO as XED invites bids for its maiden offering

The public issue is being offered at a price band of $10-$10.5 per share, in a fully dollar-denominated offering, and is accessible to eligible global investors

Poonawalla Fincorp gains as Motilal Oswal sees 37% upside; stock up 3%

Motilal Oswal retained its target price of ₹560 for Poonawalla Fincorp, implying an upside potential of about 37 per cent from Friday's close

Motilal Oswal stays 'Neutral' on Dabur amid geopolitical risks; trims EPS

The brokerage said geopolitical uncertainty is beginning to weigh on Dabur's international business, particularly due to supply-chain disruptions around key shipping routes

Nifty Realty index tanks 18% in 1 month; DLF, Oberoi, Lodha at 52-week lows

Sobha, Anant Raj, Prestige Estates Projects, Oberoi Realty, Signature Global and Lodha Developers were down in the range of 4 per cent to 6 per cent on the NSE in intra-day trade on Monday.

Operation 'Epic Churn': Kotak Equities' advise amid Iran war market crash

Analysts at Kotak Institutional Equities advise investors to use the Iran war-led market correction to rebalance portfolios and buy quality stocks amid valuation dislocations.

Citi cuts Nifty year-end target to 27,000 on oil shock, West Asia war risks

Citi expects RBI to stay on pause in April, with its policy tone potentially tilting toward growth if fiscal measures absorb most of the inflationary pressures