Page 18 - Markets News

From Kalshi to Meta's Arena: How prediction market platforms work

As Kalshi restricts Indian users and Meta develops Arena, here is a look at how prediction market platforms work and how they differ from betting apps

Stock Market Close: Sensex climbs 791 points, Nifty settles at 24,022; IT, bank shares shine

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.10 per cent and 0.39 per cent higher, respectively

RIL, BEL, Lenskart, Delhivery among Motilal Oswal's top monthly picks

Top monthly stock picks by Motilal Oswal Wealth Management Research Desk: Analysts are bullish on Reliance, Bharat Electronics, ACME Solar, Delhivery, Gokaldas Exports and Lenskart.

NBFCs in demand: CreditAccess, Mah Finance, Chola, L&T Fin rally up to 8%

According to CRISIL, NBFC AUM is expected to grow at a mid-teen rate through FY27, potentially surpassing ₹50 trillion.

Nifty Bank surges 2% as ICICI Bank, HDFC Bank lead; key triggers here

Ban stocks are in the spotlight today as the RBI allowed domestic lenders to extend loans to non-residents against foreign currency ​deposits, including via their offshore branches.

NIIs lead Advit Jewels IPO demand; subscription tops 32x, GMP at 40%

The ₹165.16-crore public issue of Jaipur-based jewellery manufacturer and Rambhajo brand owner Advit Jewels, which opened for subscription on June 23, has been subscribed 32.01 times

Godrej Industries shares gain 3% as board approves ₹1,000-cr NCD allotment

The northward movement in the share price came after the company said its management committee of the board approved the allotment of two series of NCDs aggregating ₹1,000 crore

Sensex rebounds, up 1,000pts intra-day; Nifty atop 24,000; key reasons here

Private banking and select IT stocks led market pullback on Wednesday as lower oil prices, and hopes of India-US trade deal lifted sentiment.

Morgan Stanley sees 20% upside in Adani Ent; rates 'Overweight'; here's why

Morgan Stanley initiated coverage on Adani Enterprises with an 'Overweight' rating. It has assigned a target price of ₹3,638 on the stock.

InterGlobe Aviation rallies 15% in 1 month, hits 5-month high; here's why

IndiGo's FY26 results underlined that demand remains strong, despite a host of challenges spanning internal/external disruptions and cost escalations throughout the year, analysts say.

ICICI Bank soars 3%, nears record high; brokerages upbeat on stock

In the past one month, ICICI Bank outperformed the market by surging 9 per cent, as compared to 1 per cent rise in the Nifty 50.

Nirmal Bang sees strong re-rating in Jyoti CNC, assigns 'Buy'; stock up 4%

Nirmal Bang believes the company's margin leadership is structural rather than cyclical

Nomura keeps 'Buy' on Anant Raj; lowers TP on cloud ramp-up, project delays

According to Nomura, the ramp-up of cloud capacity has been slower than expected as customer handovers and testing are taking longer than anticipated, thus delaying revenue contribution from newly ins

JSW Infra soars 5%, nears 52-week high; outperforms market; here's why

JSW Infra outperformed the market by surging 11% in the past week and rallying 20% in the past month.

JM Financial retains Buy on Tata Motors, sees 14% upside; stock up 4%

While management has guided for high single-digit industry growth in FY27, JM Financial continues to factor in volume growth of 5.5 per cent and 7.9 per cent for FY27E and FY28E, respectively

Dividends vs Development: Why Pharma outpaced IT; Harini Dedhia explains

IT companies on an average returned 85% of profits to shareholders via dividends or buybacks, with less than 15% reinvested in capacities and capabilities; the case is almost inverse for pharma firms.

KPR, Indo Count, Gokaldas rally up to 9%; what's driving textile stocks?

Brokerage firm Motilal Oswal Financial Services initiated coverage on 8 companies across apparel and home textiles, with Gokaldas Exports, Arvind, and Indo Count Industries as high-conviction picks.

IRFC OFS opens: Navratna PSU stock cracks 5%; should you bid or avoid?

IRFC share price today: Rajesh Palviya of Axis Securities said investor sentiment around IRFC has been subdued for a long time, and today's decline was primarily driven by the OFS announcement.

Bajaj Auto slips nearly 3%, trades ex-date for share buyback; time to buy?

Bajaj Auto's largest share buyback worth ₹5,633 crore at ₹12,000 per share will open on July 1; shareholders who hold shares as of today (June 24) will be eligible to participate in the buyback.

Asian stocks wobble after tech-led selloff, volatility risk highlighted

South Korean ​shares, which plunged 10% on Tuesday in their sharpest one-day drop since March, jumped 2.2%, ‌while Japan's Nikkei was swinging between gains and losses, last down 0.8%