Page 12 - Markets News

Great Eastern Shipping gains 4% on contract to sell Tanker 'Jag Prakash'

The buying on the counter came after the company contracted to sell its 2007-built medium-range tanker, Jag Prakash of about 47,848 dwt, to an unaffiliated third party

SEDEMAC Mechatronics jumps 11% to all-time high on record ECU sales growth

SEDEMAC Mechatronics stock has gained 26.37 per cent from its issue price and remains up nearly 11.30 per cent from its listing price.

Reliance slips 4%; stock hits over 10-month low, m-cap falls below ₹18 trn

Share price of Reliance Industries hit an over 10-month low at ₹1,300.20 in Monday's intra-day trade and has corrected by 19% from its 52-week high of ₹1,611.80 touched on January 5, 2026.

Nifty Healthcare below 100-WMA, down 8% from its peak; what charts say?

Amol Athawale of Kotak Securities believes that the short-term outlook for Nifty Healthcare remains uncertain and sentiment may turn negative in case the index falls below 13,500 levels.

Nykaa share price jumps 4% on Q4 update, acquisition buzz; analyst bullish

In another related development, reports said that Nykaa is in discussions to buy a majority stake in Deepika Padukone's premium skincare brand 82°E

Ola Electric soars 34% in 3 days; hits 7-wk high on huge volume; here's why

As India moves toward reducing dependence on imported crude oil, Ola Electric said it will continue to focus on advancing battery technology and accelerating EV adoption.

Senco Gold jumps 13% on strong Q4; wedding, festive demand fuels growth

In the Q4FY26, Senco Gold reported a revenue growth of 46 per cent year-on-year (Y-o-Y), leading to a 35 per cent Y-o-Y growth for FY26 as compared to 21 per cent Y-o-Y growth in FY25

Wipro rises 3% on 8-year strategic deal worth over $1 bn from Olam Group

The buying on the counter came after Wipro secured a multi-year strategic transformation deal with Olam Group.

Every $10 rise in oil above $90/bbl may hit Nifty earnings by 3%: Bernstein

Beyond $90/bbl is when the decline steepens and things worsen as inflation starts eating into savings, impacting spend that gets especially bad for consumer sectors, Bernstein said in a recent note.

Bank stocks mixed after Q4 update: BoB, BoM jump; HDFC Bank, IndusInd slip

Bank stocks traded mixed after Q4FY26 updates. PSU banks like BoB, Bank of Maharashtra gained, while shares of HDFC Bank, IndusInd Bank, and IDFC First Bank slipped

IT firms may post muted Q4; weak INR to cushion earnings; FY27 guidance key

IT Q4 results preview: While the recent sharp depreciation of INR against the USD is likely to provide a significant cushion to earnings, the focus has shifted toward FY27 guidance

Avenue Supermarts shares rise 3% on Q4 update; here's what analysts suggest

Avenue Supermarts' standalone revenue from operations for the quarter ended March 31, 2026, stood at ₹17,204.5 crore, as compared to ₹14,462.39 crore a year ago

Tata group stock: Trent Q4FY26 business update boosts shares by 6%

As of March 31, Trent has a portfolio of 1,286 stores, including 300 Westside, 963 Zudio (including 6 in the UAE), and 23 stores across other lifestyle concepts

India evolving into core AI-play; SMIDs to drive innovation: Prateek Indwar

The SmallCap and MidCap space will drive innovation as companies in this space are agile enough to build around AI-native stack, said Indwar

Anchor lock-in expiry to unlock $3,769-cr worth shares in April 2026

After the lock-in period ends, anchor investors can sell their shares in the open market

Asian markets rise as Iran war, oil prices keep investors on edge

Energy markets were closed Friday, but the prices have been surging lately on fears that the Iran war will drag on longer than expected

Om Power Transmission IPO opens April 9; sets price band at ₹166-175

Om Power Transmission IPO comprises a fresh issue of 7.6 million shares worth up to ₹132.56 crore and an offer for sale (OFS) of 1 million shares worth up to ₹17.50 crore

Goldman Sachs turns bullish on TVS Motor; upgrades to 'Buy' with 21% upside

Goldman Sachs has raised its 12-month target for TVS Motor Company to ₹4,100 from ₹3,830, implying a potential upside of 21 per cent

Stocks to Watch today: Banks, Bajaj Auto, Tata Motors PV, Vedanta, Emami

Stocks to Watch today, April 6: Bank stocks, SAIL, Vedanta, Tata Motors PV, Sobha, Emami, and RVNL are among the top stocks to watch today

Bank stocks' $95 billion rout may deepen as risks mount amid Iran war

Global investors withdrew a record ₹32,700 crore from the shares of financial services companies in the first two weeks of March, according to National Securities Depository data