Page 12 - Markets News

BSE could replace Wipro in Nifty 50 at September 2026 rejig: Quiddity

BSE may attract passive inflows of about $639 million if included in NSE's flagship Nifty 50 index during the September 2026 rebalancing, says Quiddity Advisors

Stock Market Close: Sensex recoups 1,135 pts from day's low, Nifty ends at 23,650; IT stocks shine

Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.15 per cent and 1.26 per cent down, respectively

CDMO stocks in focus: Laurus Labs hits new high; Sai Life Sciences gains 2%

In the past one month, Laurus Labs and Sai Life shares have surged 18 per cent and 15 per cent, respectively. In comparison, the BSE Sensex has slipped 4.2 per cent.

Alembic Pharma shares plunge 9% on soft Q4 results, weak margins drag

Alembic Pharmaceuticals reported a 29 per cent year-on-year (Y-o-Y) rise in consolidated net profit to ₹202 crore as compared to ₹157 crore in the year-ago period

BSE Cons Durables index down 3%; Amber Ent, Bajaj Electricals fall upto 17%

The BSE Consumer Durables index fell more than 3 per cent in intraday today. Among the individual stocks, Amber Enterprises tanked 17 per cent to ₹7,047.65.

FPIs cut stakes in HDFC Bank, Reliance since 2022; bet on Paytm, Eternal

FPIs have reduced shareholding in large-cap stocks like HDFC Bank, Reliance and Infosys since 2022 while increasing exposure to Paytm, Eternal, Polycab and healthcare stocks, ICICI Securities said

Cochin Shipyard stock falls 7% on Q4 revenue miss; Antique retains 'Hold'

Cochin Shipyard reported a net profit of ₹277 crore, down 3.7 per cent from ₹287 crore in the corresponding quarter of previous fiscal

Godfrey Phillips share price falls 6% post Q4 results; ₹3 dividend declared

Godfrey Phillips share price: Cigarette maker Godfrey Phillips India, along with its Q4 result, recommended a final dividend payout of ₹3.3 per share of ₹2 face value for FY2025-26.

From vault to demat: NSE rolls out Electronic Gold Receipts (EGRs) trading

An Electronic Gold Receipt (EGR) is a dematerialised instrument that represents ownership of physical gold held in a Sebi-regulated vault

Bharti Airtel pips HDFC Bank in market-cap intraday; stock up 11% in 4 days

From a long-term perspective, analysts at Axis Securities believe Bharti Airtel is well-positioned to continue gaining market share, backed by the highest penetration and minimal Capex requirements

Nifty IT rebounds, up 4% in two days; analyst sees short-term upside

The Nifty IT index has corrected 27 per cent on a Y-T-D basis, in comparison, the Nifty 50 index has declined 9.5 per cent in the same period.

Emkay Global shares gain 14% on Q4 results, dividend buzz, fundraising news

Emkay Global said its board has approved a dividend on equity share capital at the rate of ₹1.50 per equity share, i.e., 15 per cent

SAIL rebounds 3% from day's low; brokerages see up to 25% upside post Q4

SAIL share price today: SAIL said the company delivered a strong performance across all key metrics in FY 2025-26 (FY26), underscoring the robustness and resilience of its core business operations.

Gland Pharma shares jump 16% to 52-week high on Q4; analysts retain 'Buy'

Sentiment was further buoyed by bullish brokerage commentary, with Elara Capital and Motilal Oswal Financial Services retaining Buy calls on Gland Pharma, citing strong earnings

Delhivery shares drop 6% despite strong Q4; analysts see up to 26% upside

Delhivery shares slipped nearly 6% despite reporting strong Q4FY26 earnings with sharp margin expansion and robust parcel growth. Analysts continue to remain bullish with targets up to ₹600

Hindustan Copper shares jump 4% after Q4 PAT zooms 137%; dividend declared

Hindustan Copper share price today: Hindustan Copper, a central public sector enterprise under the administrative control of the Ministry of Mines, has recommended a final dividend of ₹1.86 per share.

Allied Blenders shares hit 5% lower circuit as Q4 profit tanks 52% Y-o-Y

In the March quarter (Q4FY26), Allied Blenders and Distillers reported a 52.1 per cent decrease in net profit to ₹38 crore, as compared to ₹79 crore a year ago

GE Shipping shares jump 12% to record high; check what's fuelling rally

GE Shipping company's board has declared the fourth interim dividend for FY2025-26 of ₹11.70 per share to the equity shareholders of the company

NCC shares fall 6% as Q4 profit dips; JJM receivables remain a concern

In the March quarter (Q4FY26), NCC reported an 18.8 per cent decrease in net profit to ₹206.02 crore, as compared to ₹253.82 crore a year ago

Firing on all cylinders: Elara sees 19% upside in Solar Ind; stock up 4%

The brokerage raised its target price to ₹21,290 from ₹15,450 earlier, valuing the stock at 65x March FY28E earnings versus 55x earlier