Page 11 - Markets News

CAS to be beneficial for ETFs, index funds, says DSP MF's Ghelani

The passive fund could account for 30 per cent of the total mutual fund industry, said Anil Ghelani, Head of Passive Investments & Products, DSP Mutual Fund

Bombay Burmah zooms 14% as SC recalls ₹4,655 cr lease liability observation

Bombay Burmah's stock surged after the Supreme Court withdrew its earlier observation on the ₹4,655 crore lease rent liability.

Ashika bullish on defence pack on global rearmament wave; favours BEL, HAL

The Nifty India Defence index is up 27 per cent on a year-to-date (Y-T-D) basis. It remains higher by 30 per cent in a year.

Tata Power falls 4% after $490 million arbitration challenge fails

The Singapore International Commercial Court has dismissed the Company's challenge, holding that there was no breach of natural justice.

Devyani, Sapphire Foods shares rise 3% after revision of merger scheme

Under the share-swap ratio, Sapphire Foods shareholders will receive 177 shares of Devyani International for every 100 shares held in the former as of the record date, which will be announced later.

ICICI Prudential AMC slips 5% after huge block deal; promoter likely seller

According to BSE data, at 09:15 AM on Thursday, as many as 10.09 million equity shares representing 2.04 per cent of total equity of ICICI Prudential AMC changed hands.

Stocks to watch: ICICI Pru AMC, Tata Power, BEL, Adani Energy, GR Infra

Stocks to watch today: Navratna defence PSU Bharat Electronics Limited (BEL) has secured additional orders worth ₹730 crore since the last disclosure on August 10, 2026.

40 of 53 listings in 2026 trade above IPO price; 3 double investors' money

Omnitech Engineering, SEDEMAC Mechatronics, and Shadowfax Technologies shares have more than doubled investors' money compared with their IPO issue price.

Tech view: Nifty eyes 24,492; Vedanta, Nykaa among top bets by Jatin Gedia

Jatin Gedia expects Nifty to resume its uptrend towards 24,492, while maintaining a bullish view on Bank Nifty.

Asian stocks gain for third day as Nvidia earnings beat estimates

MSCI's broadest index of Asia-Pacific shares excluding Japan was up 0.7 per cent, on track to ‌extend gains into a third consecutive day after Nvidia reported that quarterly revenue more than doubled

Block deals worth ₹10,300 cr in a day lift August tally to 14-month high

Transactions in Avenue Supermarts, Rubicon Research, Welspun Corp and other stocks pushed August block deals above ₹30,957 crore, the highest monthly tally since March 2024

Promoter borrowing against shares crosses ₹7 trillion amid expansion push

Promoters of NSE-listed companies have raised over ₹7 trillion against their shareholdings, with borrowing increasingly used to fund expansion, acquisitions and new ventures

Hindustan Zinc among 3 top stock picks by Bonanza for short term

Bonanza, recommends Hindustan Zinc, Bank of Maharashtra and Anthem based on strong technical setups and bullish momentum.

Dabur lacks major triggers though valuation comfort limits downside risk

FMCG major targets double-digit revenue growth and gradual margin expansion in FY27, but commodity inflation, monsoon risks and uneven demand recovery remain concerns

High-frequency trading firms paying interns about ₹30 lakh a month

Local HFT companies are also expanding into asset classes beyond Indian equity derivatives and overseas markets, further boosting demand for talent.

Improving credit costs may drive stronger earnings growth for SBI Card

Better asset quality and lower delinquencies are expected to support earnings, though slowing card spending, higher funding costs and limited margin expansion remain risks

Private banks drive Nifty Bank up 0.47%; PSU lenders retain long-term lead

Kotak Mahindra Bank and Axis Bank led Wednesday's gains, while the PSU Bank index retained its longer-term lead, rising 26.6 per cent over one year against 5.3 per cent for private banks

Indians invest record funds in overseas stocks, debt in June

Mutual funds investing overseas through the fund-of-funds route also held assets worth 465.5 billion rupees ($4.9 billion) as of July 31

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.