Markets News

Buybacks regain favour after tax reset, market slump boosts appeal in India

Falling stock prices and favourable tax changes are bringing share buybacks back into focus as companies look to reward shareholders and signal confidence in valuations

Markets snap three-day losing streak on Reliance, Sun Pharma gains

Domestic equities rebound after three sessions of losses, led by gains in Reliance Industries and Sun Pharma, amid easing geopolitical concerns and supportive global cues

Positives adequately priced in Axis Bank stock amid mixed Q4 performance

Axis Bank's Q4 performance reflects strong loan growth and improving asset quality, but elevated provisions and weak non-interest income continue to weigh on profitability

Markets rebound: Sensex up 756 pts intraday; Nifty tops 24,100; key reasons

The Sensex touched a high of 77,420.04, up 755.83 points, or 0.98 per cent. Likewise, the Nifty 50 hit an intraday high of 24,129.55, up 231.6 points, or 0.97 per cent.

Stock Market Close: Sensex rises 639 pts; Nifty ends at 24093 on Iran's new peace proposal

Sensex Today | Stock Market Highlights, Monday: In the Nifty MidCap and the Nifty SmallCap indices ended 1.47 per cent and 1.90 per cent higher, respectively

Is MakeMyTrip weighing IDR route for India listing? Here's what it means

MakeMyTrip is reportedly evaluating IDR route over a traditional IPO as it looks to access Indian investors while managing tax exposure, regulatory complexity in its offshore structure

Kirloskar Pneumatic Company zooms 13% on posting Q4 results; PAT up 79%

Kirloskar Pneumatic Company posted a consolidated net profit of ₹143.8 crore for Q4, as compared to ₹80.3 crore a year ago, up 79 per cent

Tamilnad Mercantile Bank zooms 13% to hit 52-Week high on steady Q4 results

The bank also announced that its board of directors had recommended a final dividend of ₹12.50 per equity share (125 per cent of the face value of ₹10 each) for the financial year 2025-26

Sterling Tools shares jump 10% on tech tie-up with China's Nanjing Haohang

The buying on the counter came after the company entered into a technical collaboration agreement and supply agreement with China's Nanjing Haohang Technology Co

BHEL, SAIL hit multi-year highs, gain up to 39% in 1-mth; more upside left?

Analysts at JM Financial Institutional Securities have pegged an upside target of ₹393 per share on BHEL; whereas Axis Securities expects SAIL to rally toward ₹200-mark.

TARIL shares jump 10% on ₹150 crore order win; stock up 25% in 1 month

TARIL is engaged in the design, engineering, manufacturing, testing, and supply of a wide range of transformers and reactors.

RBI's nod for NBFC licence sends MobiKwik shares flying 20% on bourses

The NBFC's operations, however, will commence upon receipt of the Certificate of Registration (CoR) from the RBI, subject to the fulfilment of certain conditions

NSE sells 1% stake in Indian Gas Exchange to comply with regulatory norm

Earlier this month, NSE partnered with IGX to introduce exchange-traded derivatives based on domestic natural gas prices

AC makers, power stocks rise up to 6% on demand surge amid severe heatwave

Analyst said that demand and consumption of electricity may further rise due to more intense heatwaves, with more frequent use of air conditioners, air coolers, and other appliances.

MRPL slides 8% after weak Q4; PL Capital cuts to 'Sell', sees 23% downside

Mangalore Refinery reported a net profit of ₹117 crore, down 68.43 per cent from ₹371 crore in the year-ago period

Dynamatic Tech gains 6% to hit 52-week high; up 29% in April; here's why

For the month to date, Dynamatic Technologies share price has advanced 39.53 per cent, according to NSE data

5 reasons why Goldman Sachs is bullish on Indian steel stocks

Goldman Sachs has initiated coverage of Indian metal (steel) stocks as itsees India as the next steel demand driver. It is bullish on Tata Steel, JSW Steel, Shyam Metalics among others

Axis Bank, Paytm: Bearish gap on charts to weigh on sentiment, says analyst

Axis Bank and Paytm opened with a negative gap, dipping up to 8% in Monday's trading session. Angel One's technical analyst warns that this bearish gap may weigh on sentiment at these 2 counters.

Vedanta Q4 preview: Profit may jump up to 174% YoY; LME tailwinds in focus

Street expects Vedanta's profit to rise sharply in Q4, with adjusted PAT estimated to grow up to 174 per cent Y-o-Y, driven by higher realisations and improved operating performance across segments

Tanla Platforms jumps 15% on announcing healthy Q4 results, ₹6 dividend

In Q4, Tanla Platforms reported consolidated net profit at ₹134.32 crore, as compared to ₹117.33 crore year-on-year (Y-o-Y), up 14.6 per cent.