Page 23 - Markets News

India sees surge in IPO filings in March despite weak investor sentiment

The pace of filings defied the lackluster post-listing performance of recent stock debuts

Cipla tanks 20% so far in CY 2026; hits over 2-year low in firm market

Cipla declined 2% to ₹1,195.15, also its lowest level since December 2023 on the BSE in Wednesday's intra-day trade.

RPSG Ventures shares soar 17%, rebound 70% from 52-week low; here's why

RPSG Ventures shares have bounced 69.88 per cent from their 52-week low of ₹551.90 apiece touched on March 23, 2026

Defence index surges 7%; Shipbuilding stocks GRSE, Mazagon zoom up to 19%

Among the defence stocks, Paras Defence, Bharat Dynamics, Apollo Micro Systems, BEML, Midhani, Bharat Electronics and Astra Microwave gained between 8% and 10% in Wednesday's intra-day trade.

DMart shares rally 9% as store count touches 500 milestone

DMart share price today: In an exchange filing on Tuesday, Avenue Supermart said it has opened 12 new outlets in different states. With this, the total number of stores has reached 500

Astral, Glenmark, Nalco among high conviction F&O bets in April: Systematix

The futures & options market positioning reflects heavy short build-up, creating conditions for sharp but temporary short-covering rallies, says Systematix Institutional Equities.

Ganesha Ecosphere, Uflex zoom up to 20% on huge volumes; here's why

The government notified 40% recycled content mandatory in food & beverage (F&B) packaging effective April 1, 2026 and the same has to be increased to 60% by 2028-29.

Power Mech secures ₹109 crore order from Hindustan Zinc; shares jump 8%

Power Mech Projects has secured an order worth ₹109.22 crore from Hindustan Zinc for operation and maintenance services

Marksans Pharma jumps 8% on USFDA nod for cough relief drug

In its filing, the company said that Benzonatate is the generic version of Pfizer's Tessalon Capsules and is used to treat cough by reducing the cough reflex

FY27 IPO pipeline swells to ₹1.75 trn; will it materialise? Experts examine

Among the most closely tracked issues for FY27, analysts said, is Jio Platforms - the holding company for Reliance's telecom business, which is expected to file its draft papers with Sebi soon

Atul Auto jumps 9% in trade; what's driving this Vijay Kedia-backed stock?

As per data from ACE Equities, veteran investor Vijay Kedia owns an 18.20 per cent stake in the company, as of December 31, 2025

InterGlobe Aviation soars 10%; stock sees sharpest intra-day rally in 4 yrs

The Board of InterGlobe Aviation Limited (IndiGo) on Tuesday, March 31, 2026 appointed William Walsh as the Chief Executive Officer, subject to regulatory approvals.

Ola Electric spikes 10% on releasing March update; registrations cross 1 mn

During March, Ola Electric also became the first electric vehicle (EV) brand in India to cross 1 million cumulative registrations (as per VAHAN data)

Zaggle Prepaid shares rally 16% on robust FY27 revenue guidance, Fanuc deal

Zaggle Prepaid said it expects standalone revenue growth of 25-30 per cent in FY27, while consolidated revenue growth is projected at around 40 per cent

Vedanta extends demerger deadline to June 30; shares rise 5%

Vedanta demerger date extended: Under the demerger plan, Vedanta will split into five entities. The company has opted to retain its base metals business within the parent company (already listed)

Coforge jumps 7% on RBI nod for $1 bn overseas investment in Encora deal

The buying on the counter came after the company received the Reserve Bank of India's (RBI's) approval for overseas investment of more than $1 billion for the deal with Encora

Mid, smallcap indices rebound; GRSE, Muthoot Fin, BDL, BSE jump up to 18%

The Indian equity market was trading sharply higher, driven by hopes of de-escalation in the war between US-Israel and Iran

BEL shares rally 7% on ₹1,950 crore deal win; analyst stays bullish

BEL share price today: Investor sentiment around BEL was buoyed after the Defence Ministry inked a ₹1,950 crore deal for the procurement of two mountain radars and related infrastructure for IAF

Angel One, BSE, CDSL shares jump up to 8% as RBI defers exposure norms

Capital market stocks like Angel One, BSE, and CDSL surged up to 8 per cent after RBI deferred exposure norms to July 2026, easing near-term pressure on brokers

Aurobindo up 4%; stock hits 52-week high, outperforms in 2026; here's why

Aurobindo Pharma to evaluate and consider a proposal for the buyback company's fully paid-up equity shares in its board meet on April 6.