Markets News

Stock Market LIVE: RIL, Trent drag Sensex 470 pts; Nifty below 26,200; pharma shares rally

Sensex Today| Stock Market LIVE on January 6, 2025: In the broader markets, the NSE Nifty Midcap 100 and the NSE Nifty Smallcap 100 were trading flat

Elara Capital expects strong Q3 for Ports & Logistics cos; check top picks

Elara Capital has given a Buy rating to its top ports and logistics picks, including Adani Ports & SEZ, JSW Infrastructure and Delhivery

GM Breweries shares rise 6% to hit 52-wek high post Q3 results; details

Following the announcement, the company's shares surged as much as 6.49 per cent, hitting a 52-week high of ₹1,328.8 per share on the NSE during intraday trade on Tuesday, January 6

SBI hits new high in weak market, mcap nears ₹9.5 trn; will touch ₹10 trn?

SBI's market capitalisation touched ₹9.45 trillion in intra-day deals on Tuesday.

Indian pharma cos' new drug filings decline to 20-year low, Nomura says

Abbreviated new drug application filings have declined to 600 in the financial year 2025 (ending in September) versus 740 in the preceding year, Nomura said

ICICI Sec upgrades Latent View Analytics to 'Buy', lifts target to ₹560

The upgrade reflects ICICI Securities' expectation of healthy revenue growth for Latent View, with 6 per cent quarter-on-quarter (Q-o-Q) growth in USD terms anticipated in the seasonally strong Q3.

Asian shares advance while oil prices ease amid US operation in Venezuela

Hong Kong's Hang Seng surged 1.8 per cent to 26,815.75 and the Shanghai Composite index was up 1.1 per cent at 4,069.38

Ethos shares rise 4% on opening watch boutique in Ranchi; details

With the opening of this new boutique at Ranchi, Ethos now has 88 boutiques across India

Sensex drops 800 pts in 2 days, Nifty below 26,150: Why are markets falling

Shares of RIL, Trent and HDFC Bank led the decline in the Nifty50 index on Tuesday amid profit booking in heavyweight stocks

Venezuela's IBC Index zooms 16%, hits 52-week high following US attack

Venezuela's IBC Index jumps 16% to a 52-week high after a US attack, as investors bet on sanctions relief, oil revival and political change

Motilal Oswal sees higher Q3 profits for Oil & Gas cos; RIL, OMCs to lead

Motilal Oswal expects its coverage universe to report a 4 per cent Y-o-Y decline in sales in Q3FY26, while Ebitda and PAT are projected to grow 16 per cent and 25 per cent Y-o-Y

JM Financial sees steady growth in financials; favours select bank stocks

Among its top stock picks, JM Financial continues to back large lenders, including State Bank of India (SBI), ICICI Bank, Bank of Baroda (BoB), and Axis Bank

Premier Energies hits all-time low, stock down 33% from October high

Premier Energies stock has shed 10% in the last 5 trading sessions post entry in the F&O segment; Waaree Energies and Swiggy are also down 11% and 9%, respectively.

Nifty Metal index soars 15% in 1 mth; what's driving Hindalco, Nalco today?

In the past one month, the stock price of Hindustan Zinc, Nalco, Vedanta, Hindalco Industries and SAIL have rallied between 15% and 32%.

KSH International share price jumps over 10% after net profit doubles in Q2

KSH International released the first earnings report two weeks after its listing on the exchanges

Why did Motilal Oswal start coverage on Groww with 'Buy' rating? Check here

On the bourses, Billionbrains Garage Ventures' share price climbed as much as 2.7 per cent to an intraday high of ₹159.75 before paring gains to trade 0.26 per cent lower at ₹155.15 around 11:30 AM.

B&K Sec bullish on recycling; initiates 'Buy' on Gravita, Ganesha Ecosphere

B&K Securities has initiated coverage on Gravita India, Pondy Oxides & Chemicals, Jain Resource Recycling and Ganesha Ecosphere; here's why

IndusInd Bank shares rise to highest in 9 months post Q3 business update

IndusInd Bank shares rose to the highest level in over nine months even after it reported a drop in third-quarter advances and deposits

RIL shares drop 5%, log steepest drop in 8 months after hitting a high

Shares of RIL saw their steepest fall in over eight months, even after it denied reports that claimed three tankers carrying Russian crude oil were headed to its Jamnagar refinery

Swiggy slips 5%, falls below QIP price; why is the stock under pressure?

The stock price of Swiggy was quoting lower for the third straight trading day, falling nearly 8 per cent. The stock has now dropped below the QIP issue price of ₹375 per share.