Markets News

Stock Market Close: Sensex ends 183 pts, Nifty settles at 24,208; Nifty IT declines over 1%

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap was down 0.1 per cent and the Nifty SmallCap rose 0.81 per cent

Varun Beverages slips 4%, hits 3-month low on heavy volume

Varun Beverages Share: Varun Beverages' board of directors on Tuesday approved plans to enter the ready-to-drink alcoholic beverage (alcobev) and allied product categories.

SIP now a long-term bet: Share of investments older than 5 yrs grows to 31%

The share of SIP investments older than five years rose to 31 per cent as of March 2026, while monthly SIP inflows touched ₹32,087 crore

Axis Bank sees 'Death Cross' formation on chart; analyst flags key levels

Axis Bank displays a notable structural shift, with its 50-DMA crossing below its 200-DMA, confirming the formation of a classic 'Death Cross' on the daily chart, explains Mayank Jain of Share.Market.

HZL, Jindal Stainless: What makes them losers in top-performing metal pack?

According to data from ACE Equity, Nifty Metal has risen 19.74 per cent on a year-to-date (Y-T-D) basis and outpaced sectors like pharma, healthcare and media.

Cement shares in focus: Ramco, Dalmia Bharat, Shree, JK, ACC gain up to 5%

At 12:07 PM on Wednesday, the Nifty Cement index was up 1.3 per cent at 15,057.10, compared to a 0.24 per cent decline in the NSE benchmark Nifty 50.

Groww falls nearly 4% after two block trades; most active stock on NSE

Groww Stock: According to data compiled by Bloomberg, about 126.2 million shares of the stockbroking company changed hands in two block trades.

Buzzing stock: IDBI Bank extends rally to 5th day, jumps 5% on huge volume

IDBI Bank said there is no undisclosed/price sensitive information or any impending announcement that needs to be informed to the stock exchanges at this point of time.

Delhi Master Plan 2047 puts brokerages' spotlight on Max, Fortis, Medanta

For hospital operators, a Jefferies note said the MPD introduces several measures that could improve asset productivity and enable higher capacity creation in land-constrained areas.

Asian stocks rise as oil prices fall on hopes for Hormuz reopening

Investors awaited Nvidia's second-quarter earnings later in the day, with the focus on whether the massive AI spending boom is sustainable and can turn profits that will satisfy markets

Hindustan Zinc up 5% as Jefferies sees earnings boost on firm metal prices

Hindustan Zinc stock: Jefferies has raised the target price to ₹750 from ₹660 and retained a 'Buy' rating. The target implies an upside of 26 per cent from the previous close of ₹592.60.

Pharma shares shine: Divi's, Laurus hit new highs; zoom up to 91% in FY27

India's CRDMO sector growth rebounded to 19% YoY in Q1FY27 versus just 9% YoY in the March 2026 quarter, marking the highest growth level since the December 2024 quarter, notes Jefferies.

Nomura remains bullish on OMCs despite high crude prices; prefers IOC, BPCL

Nomura maintains its bearish medium-to-long-term outlook on crude oil, citing the potential for the largest-ever global oil surplus in 2027E based on IEA forecasts.

Eternal hits 10-month high; here's why stock zoomed 56% from March low

Eternal share price: The stock price of a food delivery (FD) and quick commerce (QC) platform company quoted at its highest level since October 2025.

Hindustan Copper OFS Day 2: Stock up 3%; should retail investors apply? Analysts' view here

In the Hindustan Copper OFS, the government is selling over 5.80 crore shares or up to 6 per cent (including a 3 per cent green shoe option) at a floor price of ₹514 apiece.

Gaja Capital shares make strong debut, list 16% above issue price

The offer received bids for 79.35 crore shares as against 2.53 crore shares on offer.

Opportunity to raise money via NFOs maybe limited: Chirag Setalvad, HDFC AMC

The slowdown in NFOs is more to do with the product suite being complete rather than concerns on the market's trajectory, Setalvad said.

F&O: Nifty sees healthy rollovers; eyes triangle breakout in Sep series

The Nifty August expiry delivered the most constructive positioning setup in four months, with improving rollover, rising carry and broader sectoral leadership, says Systematix in its F&O report.

Stocks to watch: Varun Beverages, Groww, Welspun Corp, HEG, Tata Motors PV

Stocks to watch today: The offer for sale (OFS) by Hindustan Copper will open for retail investors today following an overwhelming demand seen on the first day.

TVS Motors, Divi's Laboratories among top stock picks by Chandan Taparia

Chandan Taparia of MOFSL recommends buying Divi's Laboratories, TVS Motors and Dixon Technologies, citing strong technical setups and improving momentum.