Page 16 - Markets News

Reliance Industries gains 3% as Jio IPO plan fuels hopes of value unlocking

Jio Platforms Ltd. is likely to seek a valuation of about ₹11 trillion ($114 billion) in its planned initial public offering.

Meesho share price surges 10% in two days on heavy volume

Meesho said its Net Merchandise Value (NMV) through its content commerce ecosystem grew 152% YoY supported by over 160,000 active creators over the last 12 months across India.

Specialty chemicals: Alkyl, Balaji Amines zoom up to 20% on huge volume

The Indian speciality chemicals industry is expected to maintain a stable growth trajectory, supported by structural demand drivers, policy support and globalisation, said Balaji Amines.

Dabur India spurts 4% on upbeat Q2 business update

Dabur India expects double-digit revenue growth at a consolidated level backed by healthy growth in Home & Personal Care and Food & Beverages segments.

Mirae Asset sees oil volatility to persist; prices may stay near $100

Middle East crude exports have rebounded to 17.5 million bpd, or about 98 per cent of pre-war levels. However, the recovery in refined products is much weaker.

Tilaknagar Inds: HDFC Sec keeps 'buy', bets on Imperial Blue's growth story

According to HDFC Securities, ground checks indicate that Tilaknagar Industries is effectively addressing state-specific requirements to strengthen the Imperial Blue franchise.

In sweet spot! Sugar stocks surge up to 9%. What's behind the rise?

Analysts attribute the current rally in sugar stocks to the latest surge in global sugar prices. US sugar futures rose 4 per cent in a day, 14 per cent in a month, and over 23 per cent in a year.

Honasa Consumer soars 10% on strong Q2 biz update; stock nears 52-week high

On profitability, Honasa said it continues to deliver on its goal of EBITDA margin improvement, and management expects the business to deliver an early double-digit operating margin profile in Q2.

Sterlite Tech gains 5% as Nomura initiates coverage with 'Buy' call

Nomura initiated coverage on the optical fibre cable maker with a 'Buy' rating and a target price of ₹1,350.

Large-caps regain favour as oil, bond yields fuel rate-hike worries

The US 10-year Treasury yield has climbed to 5.32 per cent from 4.15 per cent at the end of 2025, a rise of 117 basis points (bps) so far in 2026. Brent crude oil, meanwhile, is testing $100/bbl mark.

Vedanta to announce 1st dividend after demerger this week; stock up 4%

Vedanta will announce its first interim dividend after the demerger on October 8. Vedanta has set Octobr 14 as the diidend record date.

Private bank stocks rally up to 4% day ahead of RBI MPC Oct meet outcome

The Nifty Private Bank index advanced over 1%, while the Bank Nifty and Nifty PSU Bank index rose 0.6% and 0.3% respectively on Tuesday, a day ahead of the RBI policy decision.

BHEL share price rallies 5%, hits new high; what's driving PSU stock?

In the past six months, the stock price of BHEL outperformed the market by surging 82% as compared to a 2% decline in the BSE Sensex.

Capital markets related stocks in demand: BSE, MOFSL, Groww jump up to 3%

Shares of capital market-related stocks were in demand on Tuesday amid reports that SEBI is likely to exclude derivatives from the Closing Auction Session (CAS) for at least a year.

Shah Investor's Home lists at mere 2% premium despite 38x bids for IPO

Shah Investor's Home IPO listing: Ahead of the listing, the grey market premium (GMP) for Shah Investor's Home was 10.18 per cent, with the debut seen at a price of ₹184.

Q1 results impact: Rentomojo shares jump 6% on first earnings post-listing

Rentomojo shares made a strong debut on the bourses last month. Its shares were listed at ₹482 on the NSE, up 19.42 per cent from the issue price of ₹404.

SRIT India shares make positive debut, list at nearly 14% premium

SRIT India shares listed 13.85 per cent higher at ₹148 on NSE and 7.54 per cent higher at ₹139.80 on NSE.

Trent rallies 10% after Q2 business update, m-cap tops ₹1.5 trillion

Trent's stock opened at ₹2,800 on the BSE and soon hit the 10 per cent upper price band of ₹2,832.50, which pushed its market capitalisation past the ₹1.5 trillion mark.

IEX Q2 electricity traded volume rises 12.7% as power demand stays strong

IEX traded 39.7 billion units of electricity in Q2 FY27, up 12.7% year-on-year, while day-ahead and real-time market clearing prices rose sharply

GEC-III boosts outlook for T&D sector; GE Vernova among top bets: MOFSL

GEC-III strengthens the visibility of India's long-duration transmission and storage investment cycle, Motilal Oswal Wealth noted.