Page 118 - Markets News
SBI MF to buy at least 10% of Adani Power's record rupee bond issue
The remaining 6.75 billion rupees and 12.75 billion rupees will be raised through four- and five-year papers, respectively, the bankers said
 "SBI MF to buy at least 10% of Adani Power's record rupee bond issue")
Stock Market Close: Sensex slips 271 pts; Nifty at 25,158; bank, consumer durable stocks decline
Sensex Today | Stock Market Close Highlights, Wednesday, January 21: In the broader markets, the Nifty MidCap 100 fell 1.14 per cent, and the Nifty SmallCap was down 0.9 per cent
 "Stock Market Close: Sensex slips 271 pts; Nifty at 25,158; bank, consumer durable stocks decline")
HDFC Bank hits over 9-month low; stock down 8% so far in January
Shares of HDFC Bank were down 2% at ₹915.40 on the BSE in Wednesday's intra-day deals, also its lowest level since April 11, 2025.
 "HDFC Bank hits over 9-month low; stock down 8% so far in January")
Stock Market Close: Sensex slumps 1,066 pts; Nifty at 25,233 amid selling across sectors
Sensex Today | Stock Market LIVE Updates, January 20: In the broader markets, the Nifty Midcap slipped 2.62 per cent and Smallcap dropped over 2.85 per cent
 "Stock Market Close: Sensex slumps 1,066 pts; Nifty at 25,233 amid selling across sectors")
PTC India Financial falls over 7% to 10-month low following Q3 results
PTC India Financial Services share price fell 7.58 per cent to ₹29.64, the lowest level since March 3, 2025 on the National Stock Exchange (NSE)
 "PTC India Financial falls over 7% to 10-month low following Q3 results")
88% of crypto investors know tax rules, 63% call them unfair: CoinSwitch
The survey, conducted ahead of the 2026 Union Budget, gathered insights from close to 5,000 respondents, highlighting widespread discontent over the current taxation framework
 "88% of crypto investors know tax rules, 63% call them unfair: CoinSwitch")
Are you looking to buy in market crash? Bonanza picks 3 PSU bank stocks
Drumil Vithlani, technical analyst at Bonanza is bullish on Canara Bank, Union Bank of India and Bank of India, and expects up to 27 per cent upside on these 3 PSU Bank shares from here.
 "Are you looking to buy in market crash? Bonanza picks 3 PSU bank stocks")
Analyst remains bearish on crude oil; WTI to slide to $52, Brent $56-57
Crude oil prices are holding firm this week as tensions between Iran and the US temporarily ease after Donald Trump indicated he does not intend to launch military action.
 "Analyst remains bearish on crude oil; WTI to slide to $52, Brent $56-57")
Rupee slumps to fresh low of 91.75/$ amid persistent foreign fund outflow
The Indian currency fell 77 paise to a fresh low of 91.75 against the US dollar on Wednesday
 "Rupee slumps to fresh low of 91.75/$ amid persistent foreign fund outflow")
Eternal rallies 6%; stock records sharpest intra-day gain in 6 months
In the previous three trading days, the stock price of Eternal had slipped 8 per cent from ₹294.50 to ₹269.95 on Tuesday.
 "Eternal rallies 6%; stock records sharpest intra-day gain in 6 months")
Shoppers Stop drops 12% to near 4-year low as Q3 net profit falls
Shoppers Stop slumped 12.39 per cent to ₹319.30, the lowest level since February 24, 2022, on the National Stock Exchange (NSE)
 "Shoppers Stop drops 12% to near 4-year low as Q3 net profit falls")
Kalyan Jewellers tanks 14%, down 27% in 9 straight days; analyst says this
Aakash Shah, Technical Research Analyst at Choice Equity Broking believes that the bias for Kalyan Jewellers stock is likely to remain bearish as long as the stock trades below ₹440 - ₹450 zone.
 "Kalyan Jewellers tanks 14%, down 27% in 9 straight days; analyst says this")
Emkay sees Dixon Tech selloff overdone; long-term growth drivers intact
Dixon shares have declined 24 per cent over the past one month and 63 per cent over six months, reflecting investor anxiety around multiple headwinds.
 "Emkay sees Dixon Tech selloff overdone; long-term growth drivers intact")
ITC, Trent, Suzlon: 76 BSE500 stocks hit 52-week lows amid market crash
Share price of Kalyan Jewellers India tanked 14 per cent to hit a 52-week low of ₹390 amid heavy volumes.
 "ITC, Trent, Suzlon: 76 BSE500 stocks hit 52-week lows amid market crash")
Supreme Petrochem tumbles 9% to over 2-yr low after disappointing Q3 result
Supreme Petrochem share price fell as much as 8.9 per cent to ₹462.30, the lowest level since September 22, 2023, on the National Stock Exchange (NSE)
 "Supreme Petrochem tumbles 9% to over 2-yr low after disappointing Q3 result")
Siemens gets new 'Buy' rating with 15% stock upside; check rationale
Emkay Global projects Siemens' consolidated profit after tax to grow at a compound annual growth rate of per cent, between FY24-25 and FY27-28
 "Siemens gets new 'Buy' rating with 15% stock upside; check rationale")
Refex Industries slips 4% after mixed Q3 show; PAT up 8%, Rev down 16%
In the December quarter (Q3FY26), the company posted a consolidated net profit of ₹54.21 crore, as compared to ₹50.04 crore a year ago, up 8.3 per cent year-on-year (Y-o-Y)
 "Refex Industries slips 4% after mixed Q3 show; PAT up 8%, Rev down 16%")
Analysts upbeat on CEAT post Q3, but see near-term margin pressure
In Q3FY26, Ceat reported a 60 per cent jump in its consolidated net profit to ₹155.77, as compared to ₹97.11 crore a year ago
 "Analysts upbeat on CEAT post Q3, but see near-term margin pressure")
Nifty slides below 25k; VIX spikes 12%; what's driving the D-St rout?
The fall has taken the index below its 200-day moving average (200-DMA), and has slipped 4.3 per cent thus far in January 2026, the biggest monthly fall since January 2016
 "Nifty slides below 25k; VIX spikes 12%; what's driving the D-St rout?")
Amagi Media rises 12% after disappointing debut; should you hold or exit?
Amagi Media shares opened at ₹317 per share on the BSE, reflecting a discount of ₹44 or 12.19 per cent against the issue price of ₹361 per share
 "Amagi Media rises 12% after disappointing debut; should you hold or exit?")