Markets News

Stock Market LIVE: Sensex surges 1,200 points, Nifty reclaims 22,900; Nifty PSU Bank falls 1%

Sensex Today | Stock Market LIVE Updates Thursday: In the broader markets, the Nifty MidCap rose 0.27 per cent and the Nifty SmallCap fell 0.66 per cent

Bulls strike! Sensex zooms 1,100 pts intraday, Nifty at 22,950; key reasons

VK Vijayakumar said that the strength in the IT stocks follows the results of HCL Tech and the optimism surrounding that will hold the IT index strong.

Smallcap stocks under pressure; Sterlite, MTAR, HFCL, Netweb slide 5%

At 10:04 AM on Thursday, the Nifty Smallcap 100 index was down 0.86% at 19,218, as compared to a 1% rally in the Nifty 50.

Sahajanand Medical IPO opens for bidding; check GMP, review & subscription

Analysts suggested subscribing to the issue with a long-term horizon, as Sahajanand Medical Technologies' profitability may improve in the future

Nifty IT rallies 9% in 3 sessions: 3 key factors driving the momentum

Market experts attribute the rally to a combination of earnings resilience, value buying after a prolonged correction, and a possible rotation of funds away from AI-linked technology stocks.

IDBI Bank tanks 6% after deal with Fairfax finalised; what's ailing stock?

The IDBI Bank stake sale announcement, which came after market hours on Wednesday, marks the biggest foreign investment in India's financial services sector.

Why are Canara Bank shares down 7% in trade today after Q2 results?

JM Financial has upgraded Canara Bank to 'Buy' from 'Add' on cheap valuations and improving fundamentals. It has also raised the target price to ₹150 from ₹142.

Bonfiglioli Transmissions IPO bags 'subscribe' tag from experts; GMP at 30%

Bonfiglioli Transmissions IPO is entirely an offer for sale by the promoters of the company. The price band is set at ₹558 to ₹586 per share.

Leela Palaces Hotels rallies 10%, hits new high on healthy Q2 results

Leela Palaces Hotels' Q2 growth was driven by 30% RevPAR growth, entirely ARR-led, supported by favorable domestic travel tailwinds & strong MICE demand, said analysts at Jefferies.

Asian stocks slide as US inflation stokes rate fears; Kospi plunges 8%

South Korea's Kospi led losses across Asia, while the Nikkei fell 4.8%, as hotter-than-expected US inflation weighed on rate-cut hopes and renewed pressure on technology and AI-linked stocks

Jio IPO GMP at ₹200 as Ambani firm fixes price band, date for share sale

Jio IPO GMP today: On Thursday morning, Jio Platforms shares traded at ₹1,319 in the grey market, implying a premium of ₹200 per share, or 17.87 per cent over the upper end of the price band.

HDB Financial shares fall 4% after Q2 results as brokerages cut targets

HDB Financial Services reported a 34.2 per cent surge in profit after tax to ₹780 crore in the September quarter of FY27.

IDBI Bank's $6 billion Fairfax deal signals zest for Indian assets

Fairfax's acquisition of a 60.7% stake in IDBI Bank for nearly $6 billion comes as Blackstone explores IIFL Finance and Japan's MUFG studies options to gain majority control of Shriram Finance

Consumer durables buck FPI exodus in FY27; festive demand to test momentum

Analysts believe premiumisation, rising disposable incomes, housing demand, and low penetration of appliances have kept the consumer durables segment on FPI radar.

Gold ETFs or jewellery stocks: Where should investors place festive bets?

Barring P N Gadgil Jewellers, all the jewellery stocks in the comparison have gained year-to-date (YTD), with Tribhovandas Bhimji Zaveri (TBZ) emerging as the top performer

Consumption stocks: Bet now or wait for festive sales to show recovery?

Consumption recovery has been gradually strengthening and, while the market has started pricing in an improvement, the outlook remains dependent on the durability of demand

Breakout stocks: Bonanza picks Jindal Saw, BHEL, Allied Blenders

Stocks to buy today: Kunal Kamble, senior technical research analyst at Bonanza, has recommended three stocks: Jindal Saw, BHEL and Allied Blenders and Distillers.

Two-wheeler stocks: Can the onset of festive demand offset weak monsoon?

The monsoon shortfall raises concerns over farm incomes, and price increases by manufacturers add to the cost of vehicle ownership

Nifty faces 22,850 hurdle; analyst recommends BHEL, HAL, IndiGo for trade

Ajit Mishra of Religare Broking has reiterated a cautious stance on Nifty, with 22,850, coinciding with the 20-DEMA, acting as the immediate hurdle. He has recommended HAL, IndiGo and BHEL for trade.

Inflation puts FMCG firms' margins at risk; analysts back Marico, Nestle

Analysts said higher sugar prices and input cost inflation could weigh on FMCG stocks in the near term, with the impact varying across companies depending on their product mix and pricing power.