Page 2 - Markets News

Govt mulls real-time Euro FX settlements at GIFT City to boost EU trade

The International Financial Services Centres Authority (IFSCA), which regulates the hub, has approached the government to permit the use of the euro alongside the US dollar for settlements

HDFC Bank falls 7% in 2 days; analysts flag pressure after chairman exit

Analysts believe HDFC Bank stock may be under pressure in the near term due to governance uncertainty and a leadership visibility gap.

Dairy companies need ₹4-5/litre hike to protect margins, says ICICI Sec

ICICI Sec has 'Add' on Dodla Dairy & Hatsun Agro Products and 'Hold' on Heritage Foods. It values dairy stocks using the DCF methodology (WACC and target ranging from 10-13 per cent & 3-6 per cent

Laurus Labs jumps 4% on huge volumes; Motilal projects 30% further upside

Motilal Oswal remains positive on Laurus due to its strengthening position in gaining CDMO contracts, the addition of a growth lever in the generics space, and a steady ARV business.

LPG shortage: India pivoting towards US for supply, says S&P Global Energy

India's domestic production supplies about 41 per cent of the country's LPG demand, while the remaining volumes are imported

AI tailwinds not enough: Analysts cautious on Indian IT after Accenture Q2

Accenture sees AI-led deal momentum, but analysts remain cautious on Indian IT stocks amid weak demand, macro risks, and uncertain growth outlook

Tata Elxsi shares up 5% in trade; check what's aiding this Tata Group stock

Tata Elxsi shares were trading higher on the back of the news that the company has launched a Global Offshore Development Center for Terumo Corporation, boosting investor sentiment

BHEL rallies 5%, Tata Power hits 52-week high; what's driving power stocks?

The Ministry of Power outlined a ₹200 trillion ($2.2 trillion) long-term investment roadmap for India's power sector over the next two decades.

Qatar gas strike impact; Petronet LNG, Gail could dip another 10%: Analysts

Petronet LNG has reversed its trend, surrendering all the gains accumulated earlier this year, says research analyst Ajit Mishra of Religare.

Shree Ram Twistex jumps 6% on posting healthy Q3 results; PAT up 70% YoY

In the December quarter, Shree Ram Twistex posted a net profit of ₹3.7 crore, as compared to ₹2.2 crore year-on-year (Y-o-Y), up 70 per cent.

Nifty Metal gains 3%; Tata Steel, JSW, LloydsME jump up to 7%: Here's why

Excluding National Aluminium, 14 of 15 index constituents rose on Friday, with Lloyds Metals & Energy, Tata Steel, JSW Steel, Jindal Steel, and APL Apollo Tubes gaining over 3 per cent each

OMC stocks rally on softer crude; HPCL, IOC, BPCL shares gain up to 5%

Notably, OMCs' shares have remained volatile over the past two weeks as crude oil prices have surged more than 40 per cent amid the ongoing West Asia conflict involving the US, Israel and Iran

Maruti, Tata Motors, M&M, Bajaj Auto: CLSA decodes strategy for auto stocks

If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.

Indian Rupee falls past 93/$ on crude volatility amid West Asia tensions

The domestic currency fell as much as 64 paise, or 0.69 per cent, to a record low of 93.28 against the US dollar on Friday, according to Bloomberg data

Nifty PSU Bank index soars over 3%; Canara, UBI, BOI rally up to 5%

At 09:30 AM on Friday; Nifty PSU Bank index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 1.2 per cent rise in the Nifty 50.

Aequs shares rise 2% in trade; JM Financial sees more 15% upside

Aequs shares today: JM Financial Institutional Securities has initiated coverage on Aequs with a 'Buy' rating and 12-month target price of ₹145, implying 15 per cent upside from current levels

Samvardhana Motherson shares rise 3% on dividend announcement, JV update

Samvardhana Motherson has declared an interim dividend of ₹0.35 per equity share for the financial year 2025-26 to the equity shareholders of the company

IndiQube Spaces shares soar 16% on signing ₹54 crore workspace deal in Pune

IndiQube Spaces said it has signed a major workspace leasing agreement with a global capability centre (GCC) client in Pune for ₹54 crore

Balkrishna Industries gets new 'Buy' from JM Fin; sees 15% stock upside

JM Financial initiated coverage with a 'buy' rating on Balkrishna Industries and a target price of ₹2,540, an upside potential of about 15.5 per cent from Thursday's close

Sell Gold with tight stop-loss as bears eye $4,400 support: Analyst

Safe haven demand for gold during escalating geopolitical tensions due to the raging Iran war has not been strong enough to overcome the dollar strength and rate pressure