Page 11 - Markets News

Knowledge Marine rallies 12% in four days, hits new peak in weak market

Thus far in calendar year 2026, KMEW's share price zoomed 70% against a 16% decline in the BSE Sensex.

PNGS Reva Diamond Jewellery zooms 35% in two days; up 125% from March low

PNGS Reva Diamond Jewellery share price hit a new high of ₹738.40 in Thursday's trading session, and has zoomed 125 per cent from its 52-week low of ₹328 hit on March 30, 2026.

Vedanta announces first dividend since demerger at ₹5/share; stock down 2%

Vedanta announced a dividend of ₹5 per share today, with the record date set for Wednesday, October 14.

Ola Electric shares fall 10% as firm fixes price for ₹1,000-cr rights issue

Notably, the rights issue will open for subscription on October 22, and close on October 30.

Oil on a boil: OMCs, IndiGo & other crude-sensitive stocks sink up to 5%

Oil prices climbed sharply on Thursday due to rising attacks on vessels in the West Asia and hurricane-related production shutdowns in the US, reviving fears of severe supply disruptions.

RBI rate hike: Your EMI may not move, but your loan may get longer

How to save ₹55k on home loans after rate hikes: Increase your monthly EMI instead of loan tenure. Expert guide to floating rate resets, EBLR, MCLR, and prepayments in India.

Gold caught between central bank demand and real-yield pressure: Kotak Neo

A break below $4,100 would expose further downside toward the $3,960 to $4,000 zone. Until that turn materialises, near-term price action is likely to remain driven by the rate market.

Adani group stocks under pressure; Enterprises, Green Energy tank up to 7%

Adani Enterprises' stock price on Thursday quoted at its lowest level since May 14, 2026, having declined 13% in the last six trading sessions.

Sun TV stock on a roll, up 40% in 3 weeks; Elara sets target price at ₹925

Elara Capital believes that Sun TV holds a highly cash-generative TV business, underpinned by a strong sports portfolio, while the core media segment remains the 'cash cow'.

Mastek gains 3% as AI-led Oracle cloud transformation deal lifts stock

Mastek (UK) Limited, a wholly-owned Subsidiary of Mastek Ltd selected by Staffordshire County Council to deliver a Oracle Cloud transformation programme

Fino Payments Bank share price rallies 17% after Q2 business update

Fino Payments Bank said that the loan referral disbursals rose by 223 per cent to ₹278 crore in the September quarter.

ONGC, NTPC, BDL, BEL, IOC among 13 CPSE stocks to hit 52-week lows on Thurs

Power Grid, NMDC, IREDA, IRFC, RCF, RVNL, SJVN and Mazagon Dock Shipbuilders hit 52-week lows on the BSE in Thursday's intraday deals.

ITC sees 2.9% of equity change hands in single large trade; stock slumps 3%

According to Bloomberg data, 366.7 million shares, representing 2.93 per cent of the company's equity, changed hands in a single large trade.

Rising fuel costs, margin fears put cement stocks on a weak foundation

Cement demand is likely to improve, but higher fuel, packaging and logistics costs could weigh on margins and delay earnings upgrades until the fourth quarter of FY27

Paytm, Mobikwik share prices crash up to 10% amid UPI MDR delay buzz

According to reports, the implementation of the new UPI MDR framework is likely to be deferred to January 1, 2027 from the earlier proposed October 15 rollout, with no final decision yet.

Vishal Nirmiti shares make weak debut, list at 2% discount to IPO price

Vishal Nirmiti shares listed at ₹215 on both the BSE and NSE, at a discount of ₹5, or 2.27 per cent, to the IPO issue price of ₹220.

Nityas Gems & Jewellery shares list at over 9% premium, beat expectations

Nityas Gems & Jewellery shares listed 9.33 per cent higher at ₹82 on BSE and 6.67 per cent higher at ₹80 on NSE.

Q2 Earnings Preview: Banks, financials to drive strong double-digit growth

Jefferies expects companies in its coverage universe, excluding oil and gas, metals and financials, to post 17 per cent year-on-year revenue growth in the quarter.

Senco Gold jumps 8% on Q2 biz update; achieves highest-ever topline in H1

Senco Gold said that Q2 revenue growth accelerated to 29 per cent Y-o-Y at retail level, supported by 19 per cent growth from existing stores (SSSG growth).

Banks vs NBFCs: Where to invest after RBI rate hike? Analysts answer

Jefferies has named ICICI Bank, State Bank of India (SBI) and Axis Bank as its top picks among large-cap banks post RBI MPC outcome.