Page 23 - Markets News

India's domestic funds push IPO valuations lower amid market strain

The median price-to-book ratio for IPOs raising at least ₹1,000 crore fell to 7.4 times in 2026 from 10.2 times last year as local funds push for lower valuations

Hero Motors hits new high; stock up 99% against issue price in 7 days

Hero Motors' share price hit a new high of ₹167.45 in Thursday's intraday trade. The stock has more than doubled, up 108% from its listing day's low of ₹80.50 on the BSE.

Adani Energy Solutions gains 5.5%; extends winning streak to 3rd session

Over the previous three sessions, Adani Energy Solutions shares have gained more than 7 per cent, compared with a nearly 1 per cent decline in the Nifty 50 index.

Nifty IT defies market weakness, rises 2%; Mphasis, Coforge, TCS lead

The Nifty IT index advanced 2.1 per cent during intra-day deals, with nine out of ten constituent stocks of the index trading in the green.

Bajaj Auto, M&M, Hero Moto skid up to 6%; here's why auto stocks are down

Nifty Auto index decline 3 per cent to 25,507, hitting an over four month low on the National Stock Exchange in Thursday's intraday deal.

A-One Steels shares make strong debut, list at 14% premium on BSE

A-One Steels shares opened at ₹462 apiece on the BSE, up ₹57, or 14.07 per cent, from the issue price of ₹405.

Moneyview shares make stellar debut, list at 63% premium on BSE

Moneyview opened at ₹55.61 per share on BSE, 63.56 per cent higher than IPO price and on NSE the shares opened 61.76 per cent higher at ₹55.

Asian shares mostly rise as tech stocks gain despite Iran war worries

Japan's Nikkei jumped 2.4 per cent in early trade, while South Korea and Hong Kong also gained as investors favoured chip and AI-related stocks

NSE moves closer to corporate bond index futures after Sebi nod

NSE has received Sebi's no-objection certificate to introduce corporate bond index futures, with the proposed product still requiring RBI approval.

Market strategy, stock ideas by Ajit Mishra of Religare Broking on Thursday

Ajit Mishra reckons that the near-term structure of the market remains weak. The analyst sees strength in Engineers India, and weakness in ONGC on charts.

Nifty, Bank Nifty, Nifty IT: Technical analysts decode outlook for H2FY27

Tech analyst at Mirae Asset Sharekhan and SAMCO Securities flag 22,000-22,500 range as key support for Nifty in the short-term, and caution of further weakness in Bank Nifty in the H2FY27 outlook.

IPO pipeline: H1FY27 momentum sets the stage for a crowded second half

The pipeline includes several large-ticket offerings that could keep the primary market busy in H2FY27, including Jio Platform and OYO

Stocks to watch: RIL, NSE, HDFC Bank, IRFC, Infosys, Cupid, Blue Dart, OMCs

Stocks to watch today: Reliance Industries, NSE, HDFC Bank, IRFC, Infosys, Cupid, Blue Dart, OMCs, STL Networks, RBL Bank, among others will be in focus today

FPI outflows top ₹1 trillion in H1FY27; financials, oil & gas worst hit

Financial services, oil & gas, autos and telecom bore the brunt of the outflows, while services, consumer durables and consumer services emerged as preferred pockets.

Jatin Gedia bullish on JSW Infra, Varroc Engg; flags caution on PowerGrid

On the broader market outlook, Jatin Gedia of Teji Mandi expects the Nifty to consolidate within 22,500-22,800 band for now.

Sona BLW, JSW Infra among 3 stock ideas by Bonanza; check key levels here

Stocks to buy today: Kunal Kamble, technical analyst at Bonanza Sona BLW stock has broken out of the falling channel that capped the price movement through August and September.

Realty, pharma: Investors tap into domestic-economy focused sectors in H1

Going ahead, analysts suggest investors stick to domestic economy-focused sectors as the geopolitical situation still warrants caution.

Rupee to fall more, yield curve to shift higher in H2FY27: Gaura Sengupta

The rupee is expected to depreciate further against the US dollar, with RBI becoming increasingly selective in its intervention strategy, said Gaura Sengupta, chief economist, IDFC First Bank

NSE plans retail push for electronic gold receipts, eyes wider reach

NSE plans an app and wider collection-centre network to boost electronic gold receipts, which have seen muted trading since their launch

Equity Ex-Top 100 SIF gains traction amid small and midcap rally

The Equity Ex-Top 100 Long-Short Fund, which invests in stocks outside the top 100 by market capitalisation, has been seeing a sharp rise in recent months