Page 2 - Markets News

Merger with ITC Infotech to help in big deals: Happiest Minds CEO

Combined entity will bring together digital engineering, cybersecurity and AI capabilities with strengths in SAP, enterprise applications and Industry 4.0 offerings

Gains for power stocks hinge on project execution, valuations and demand

Utilities are expanding renewable, hydro and storage capacity as power demand rises, but project execution, regulatory uncertainty and valuations remain key

₹1 trillion market-cap stock club swells 27% to 119 in FY27

Among the new additions, Laurus Labs saw its market-cap rise 92 per cent to ₹1.03 trillion from ₹53,546 crore as of March 30, 2026

Gains ahead for LG Electronics after strong Q1 show, positive outlook

Broad-based category growth, premiumisation and localisation support LG Electronics India's outlook, though the recent stock rally has raised valuation concerns

Stock Market Close: Sensex extends losses to 2nd day; Nifty settles at 24,056

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.39 per cent and 0.23 per cent down, respectively

ONGC, Oil India gain 2% in weak market as crude oil prices spike

WTI Crude Oil prices surged more than 3 per cent after the US forces struck Iranian rocket launchers near the Strait of Hormuz.

RIL: Jefferies sees O2C, retail growth fuelling re-rating; stock rises 2.5%

Jefferies has retained 'Buy' rating on Reliance Industries Limited (RIL) shares and revised the target price to ₹1,710, implying an upside of 33 per cent from the previous close of ₹1,285.

Maruti Suzuki share price falls over 5% post tepid August export data

Domestic passenger vehicle sales rose 34.8 per cent Y-o-Y to 176,971 units. Exports, however, declined 7.4 per cent Y-o-Y to 33,844 units during the period under review.

Graphite India surges 7%, HEG hits 52-week high; what's driving GE stocks?

GrafTech International, a US-based graphite electrode company, announced its decision to permanently close its graphite electrode manufacturing facility in Monterrey, Mexico.

Mid-, smallcaps' outperformance vs Nifty hits 2026 high; analysts weigh in

The Nifty Midcap and Smallcap indices outperformed the Nifty 50 index by 14 percentage points and 21 per centage points respectively at the peak levels in calendar year 2026, shows data.

Shein shares fall 10% after Hong Kong trading debut spotlights China roots

The fast-fashion retailer raised $1.7 billion in its Hong Kong IPO, but shares fell to around HK$44 as tariffs and higher logistics costs pressure its business model

Titan to Kalyan: Jewellery stocks tank up to 7%; what dented their sheen?

Analysts attribute the decline in most jewellery stocks to profit booking by investors and an appeal by PM Modi to avoid buying gold if not needed.

Bajaj Auto rallies 3%, trades near record high; tops share buyback price

Bajaj Auto share price hit a 52-week high of ₹12,470 in Tuesday's intra-day deals, and appreciated by 31% from its three-month low of ₹9,505, hit on June 30, 2026.

Multibagger stock: Why TBZ shares are locked at 20% upper circuit

GRT Jewellers, a leading jewellery retail company, has signed a share purchase agreement (SPA) with the promoters of Tribhovandas Bhimji Zaveri to acquire their stake of 74.12 per cent in the company.

Adani group stocks rebound up to 5% day after MSCI sell-off; here's why

Adani Green Energy emerged as the biggest gainer among Adani Group stocks in intraday trade, rising as much as 4.69 per cent intraday.

Milky Mist zooms 9.5% as Q1 profit surges multi-fold, up 65% over IPO price

Milk Mist, which listed on the bourses on August 18 after a solid response to its initial public offering (IPO), trades 65 per cent above its offer price of ₹140 based on today's intraday high.

NBFCs enter durable recovery phase; MOFSL backs L&T Finance, PNB Housing

MOFSL said that NBFC asset quality has emerged as the biggest positive surprise, with improved collections and moderated fresh slippages after nearly two years of stress.

Symbiotec Pharmalab makes tepid market debut, lists at par with IPO price

The listing of Symbiotec Pharmalab was well below GMP expectations, which had indicated a listing gain of around 18-19 per cent for IPO investors.

Skyways Air Services shares defy GMP expectations, list at 10% discount

Skyways Air Services' shares debuted at ₹124 apiece on the National Stock Exchange, a 10.14 per cent discount to the initial public offer (IPO) price of ₹138 apiece.

India's stock auction needs market makers as price swings persist

The NSE auction absorbed a record $4.2 billion in MSCI-linked trades, but sharp price swings persisted, highlighting concerns over thin liquidity and the lack of market makers