Page 30 - Markets News

India mcap reclaims $5 trillion mark for the first time since May 8

The milestone was achieved for the first time since May 8 as falling crude oil prices and optimism over easing West Asia tensions boosted investor sentiment

Jio IPO details, data centre strategy: Expectations from RIL's 49th AGM

RIL's annual report, according to CLSA, highlights the company's ambition to leverage AI offerings, plans to expand data centre capacity, along with progress in new energy.

CFOs accountable for balance sheet transparency: NFRA Chair Nitin Gupta

NFRA chief Nitin Gupta says CFOs must ensure transparent financial reporting, citing corporate frauds from Haridas Mundhra to Rajesh Exports

Coforge's $5 bn growth sprint hinges on Encora acquisition, big deals

Coforge aims to double revenue to $5 billion by FY30, banking on Encora integration, large deals and AI-led growth to sustain momentum

Sebi warns investors against trading unlisted stocks on unauthorised sites

The market regulator said investors using unregistered platforms for transactions in unlisted securities would not have access to regulatory safeguards or dispute-resolution mechanisms

Tata Motors PV stock crashes 10% intra-day; sharpest intraday fall since Oct'25

However, the stock erased some losses by close and ended 8.2 per cent lower at ₹361.50 on the BSE. In comparison, the BSE Sensex closed 0.45 per cent higher at 77,155.62 levels.

Market Close: Sensex rises for 4th session, up 347 pts; Nifty ends at 24,086 ahead of FOMC decision

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.52 per cent and 0.79 per cent higher, respectively

Wire & Cable stocks: Polycab, RR Kabel, KEI hit new highs; gain up to 5%

In the past six months, the market price of RR Kabel zoomed 60%, while Polycab India and KEI soared 41% and 38%, respectively, as against a 9% decline in the BSE Sensex.

Jaiprakash Associates stock to delist on June 18; all you need to know

JAL is being delisted following its acquisition by Adani Group through insolvency, and as per the resolution plan approved by the National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj.

Voltas, Crompton, Blue Star rally up to 5% on late monsoon; check top picks

Shares of air-conditioner makers jumped up to 5 per cent on Wednesday as a delayed monsoon and persistent heatwave boosted demand expectations.

Volume buzzers: Yes Bank rallies 7%, hits 52-week high; IDBI Bank soars 12%

Share price of IDBI Bank moved higher by 12 per cent to ₹86.25 on the back of over three-fold jump in trading volume on Wednesday.

Bitcoin rout: What's driving sell-off; will token reclaim its peak in 2026?

Analysts attribute the correction to a combination of macroeconomic uncertainty, tighter liquidity conditions, and a broader risk-off sentiment across global markets

Turtlemint Fintech IPO in focus: Check what works, what warrants caution

As investors await the opening of the issue for public subscription, here's a look at the key risks and strengths highlighted in the company's red herring prospectus (RHP)

Unistone Capital pays ₹67 lakh to settle insider trading case with Sebi

The Sebi initiated adjudication proceedings against Unistone and Sanghavi for the alleged violations of Prohibition of Insider Trading (PIT) regulations

Defence shares in demand; MTAR, Astra Microwave, Paras rally up to 7%

At 12:24 PM on Wednesday, the Nifty India Defence index was the top gainer among thematic indices up 2.8 per cent as against a 0.3 per cent rise in the Nifty 50.

Trent share price soars 5%, rebounds 40% from 52-week low; here's why

Analysts believe Trent's strong execution capabilities, tie-up with suppliers across India and better mix will help witness a faster recovery in profitability in the medium to long run.

Tata Communications shares gain 3% on ₹400-cr commercial paper listing news

Tata Communications informed exchanges that it has issued and allotted commercial paper aggregating to ₹400 crore

India Market Strategy: PhillipCapital expects moderate FY27 returns

India Market Strategy: In event of an end to the West Asia war, equities seem to be favourably placed and macros should improve, says PhillipCapital in its June report.

JM Fin on insurance: Retail health to drive growth; Star Health top pick

The brokerage said that it prefers Star Health in the space as it has recommended a 'Buy' rating on the stock for a target price of ₹650.

Lodha Developers, Oberoi Realty fall up to 4%; why are realty stocks down?

At 09:36 AM on Wednesday, the Nifty Realty index was the top sectoral loser, down nearly 1 per cent, as compared to 0.2 per cent rise in the Nifty 50.