Page 15 - Markets News

PTC Industries rallies 5%, hits record high in weak market; here's why

PTC Industries' QIP issue opened on Wednesday at a floor price of ₹22,150 per share, with the company having the option to offer a discount of up to 5% to the floor price.

Asian shares weaker as investors weigh Saudi Arabia-Houthi escalation

In Asia, ​MSCI's broadest index of Asia-Pacific shares excluding Japan was down 0.3% after US stocks ended ​higher. The index is up 1.5% so far this month

Not just RIL, Jio's ₹11 trn IPO could benefit Airtel investors; here's why

Jio IPO: The key debate going into the JPL IPO is its potential impact on Bharti, as there could be a shift in telecom sector allocations with another large listed investable option.

Mahindra Lifespace jumps 2% on launch of new residential project in Pune

Mahindra Lifespace Developers rose 2% in Wednesday's trade after the company announced the launch of a residential project in Pune with Gross Development Value worth ₹3,500 crore.

Titan shares crash 4% on slower-than-expected jewellery growth in Q2

Titan's jewellery sales grew 21 per cent, below the Nomura's expectation of around 25 per cent.

Taiwan dethrones South Korea atop world markets as AI trade widens

The Taiex Index beat the Kospi by about 23 percentage points last quarter, the widest margin since the turn of the century

Stocks to watch: Rate-sensitive stocks, Titan, Mphasis, Adani Ports, Zaggle

Stocks to watch today: Rate-sensitive sectors such as banks, NBFCs, real estate, auto and consumption will be in focus today amid RBI's policy decision.

Vinay Rajani of HDFC Securities bullish on Shipping Corp & one other stock

Immediate resistance for Nifty 50 is placed at 22,875, followed by 23,080. On the downside, support has shifted higher to around 22,550.

Nifty may move towards 22,900, says MOFSL; shares 3 stock ideas

Nifty has to hold above the 22,700 zones for an upside move towards 22,900, then 23,000 zones, while support can be seen at 22,600.

Soft Q2 order inflows, commodity inflation weigh on capital goods firms

Order inflows for major capital goods firms excluding L&T may fall 10 per cent Y-o-Y in Q2FY27, while higher commodity prices are likely to squeeze margins

Jane Street should explain trading strategies, Sebi tells SAT in hearing

Sebi told SAT that Jane Street has received sufficient material to answer manipulation allegations and should explain its trading conduct instead of seeking more documents

Banks sweeten offers for retail customers as festive shopping picks up

Loan fee waivers, rate concessions, and card deals target shoppers

Trent emerges Nifty superstar with 12% gain after strong Q2 update

Trent shares jumped 12.4 per cent after Q2FY27 standalone revenue rose 22.5 per cent, beating estimates, while analysts remained largely bullish on the Tata group retailer

Strong revenue growth powers GCPL's Q2 show, margins remain in focus

GCPL expects high-teens revenue growth and double-digit Ebitda growth in Q2FY27, but commodity inflation and higher investments could keep margins under pressure

Festive hiring grows 7% to 1.27 lakh jobs, led by quick commerce: Report

Quick commerce recorded the fastest festive hiring growth at 18 per cent, while Tier-III and emerging cities led geographic growth with a 15 per cent rise

Stock Market Close: Sensex rises 685 pts, Nifty ends at 22,776 ahead of RBI MPC meet outcome

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 1.08 per cent and 1.56 per cent, respectively

Hindustan Aeronautics share price rises 3% on heavy volume; here's why

Reports suggest that in its bid to meet the growing requirements of indigenous helicopter platforms, HAL plans to establish a second production line for Shakti engines at its Koraput facility.

One Mobikwik shares hit 20% upper circuit amid multiple block deals

So far this year, Mobikwik shares have rallied 5 per cent, while they have risen 41 per cent in six months.

Newly-listed Steamhouse India hits 10% upper circuit after Q1 results

Steamhouse India, established in 2014, is engaged in the generation and distribution of industrial steam through community boilers and pipeline networks.

Airfare strength to offset fuel cost in Q2; IndiGo PAT may rise 176%: Elara

Elara has retained its positive stance on IndiGo in the medium to long term, saying India's aviation demand cycle remains intact and competitive supply remains constrained.