Markets News

HDB Financial gets 'Buy' rating from ICICI Sec; target ₹900, 34% upside

ICICI Securities has initiated coverage on HDB Financial with a 'Buy' rating and a target of ₹900. The brokerage cites strong parentage of HDFC Bank and robust NBFC growth outlook as key triggers

TCS stock at lowest level since October 2020, tanks 17% in 1 month

Thus far in the calendar year 2026, TCS's market price plunged 23 per cent, as against 7.4 per cent decline in Nifty 50, data shows. The NIfty IT index lost over 1 per cent in trade on Tuesday.

Stock Market LIVE: Sensex jumps nearly 600 points; Nifty above 24,200; Nifty IT underperforms

Sensex Today | Stock Market LIVE Updates, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were trading 1.37 per cent and 1.87 per cent higher, respectively.

AU SFB: Motial Oswal sees up to 34% upside on universal bank transition

Motilal Oswal expects AU Small Finance Bank shares to rally to ₹1,250, implying an upside of around 34 per cent from current levels

Sedemac Mechatronics IPO to list on Mar 11; here's what latest GMP hints at

Sedemac Mechatronics IPO received a decent investor response with an overall subscription of 2.68 times, driven by strong participation from qualified institutional buyers

SAT upholds Sebi order against Sahara group firm in ₹14,106-crore OFCD case

Tribunal rules Sahara India Commercial Corporation's OFCD mobilisation of ₹14,106 crore from 19.8 million investors was a public offer under securities regulations

Nifty Auto rises 2% as crude corrects; Hero MotoCorp, TVS, Eicher rally

Auto stock: Individually, among others, Hero MotoCorp, TVS Motor Company, Samvardhana Motherson International, Sona BLW Precision Forgings, Uno Minda, and Ashok Leyland climbed over 3 per cent

Elara sees essential-led growth in LG Electronics; starts with 'Accumulate'

Elara believes LGEIL could see accelerated revenue growth of 14-16 per cent (upside case) during FY26E-FY30E from the current growth of around 11 per cent

R Systems International jumps 29% in two days; what's driving the rally?

A total of 40.82 million equity shares of R Systems, valued at approximately ₹1362.07 crore, changed hands on the BSE and NSE during the session

IndiGo, SpiceJet shares rally up to 8% on easing oil prices

Notably, airline companies benefit from lower fuel prices, as aviation turbine fuel (ATF) accounts for a significant portion of their operating costs

Petronet LNG, IGL, GAIL jump up to 6% on Iran war easing hopes

US President Donald Trump said the war against Iran was "very complete", adding that the US is considering taking control of the Strait of Hormuz

Fertiliser stocks in demand: RCF, Chambal, Deepak, GSFC, GNFC zoom upto 12%

US-Iran war impact: West Asian nations are key suppliers of major fertilisers as well as raw materials for fertiliser manufacturing like sulphur, ammonia etc.

US-Iran war puts ₹70,000 cr dent in LIC's portfolio; banks, L&T worst hit

Holdings in SBI, ICICI Bank and HDFC Bank accounted for more than one-fifth of the losses for Life Insurance Corporation of India; while L&T alone created a 11 per cent dent, shows ACE Equity data.

Nomura retains confidence in Indian steel cos; Tata, JSW among top picks

Among sector players, Nomura has maintained Buy recommendations on Tata Steel with a target price of ₹220 per share, JSW Steel at ₹1,340, Jindal Steel at ₹1,280, and Lloyds Metals & Energy at ₹1,600

Middle East crisis to boost defence demand; Motilal Oswal favours 4 stocks

Motilal Oswal Financial Services has a 'Buy' rating on Bharat Electronics, Hindustan Aeronautics, Bharat Dynamics, and Astra Microwave Products

Minda Corp shares advance 5% as unit forms JV with UK's Turntide Drives

Under the proposed shareholding structure, Spark Minda Green Mobility Systems will hold a 49 per cent stake in the venture, while Turntide Drives will own the remaining 51 per cent

Gold, silver ETFs gain up to 4% as precious metals rise amid weak dollar

At 10:48 AM, among others, DSP Silver ETF and Axis Silver ETF up 4 per cent each

BNP Paribas sees up to 83% upside in Eternal, Swiggy; says buy the dip

Analysts at BNP Paribas said Eternal and Swiggy shares are attractive after the correction, projecting strong upside in stocks, as AI disruption and competition risks appear overstated

Hinduja Global Solutions shares jump 16% on UP MoU for Project GANGA

The State Transformation Commission of the Uttar Pradesh government signed an MoU with OneOTT Intertainment Ltd. (OIL), the broadband arm of Hinduja Global Solutions

ABB India gains 4% on ₹620 cr investment plan; stock up 19% so far in CY26

ABB India share: Capacity expansion and new R&D labs should enhance technological capabilities, support export opportunities, and improve long-term growth visibility, says ICICI Securities.