Page 34 - Markets News

United Spirits gains 4% in weak market, nears 52-week high; here's why

United Spirits: The stock price of the breweries & distilleries company quoted higher for the third straight day, surging 6 per cent during the period.

Shadowfax shares crash 7% on block deal buzz; Flipkart among likely sellers

The stake sale in Shadowfax coincides with the expiry of the six-month lock-in period for major pre-IPO investors after the company listed in the Indian stock market in January this year.

Higher oil prices may outweigh safe-haven demand for gold: Mirae Asset

Praveen Singh, Head of Commodities at Mirae Asset Sharekhan, said elevated expectations of a Fed rate hike are bearish for the metal, but the downside is expected to remain limited

TCS, Infosys, HCL Tech, Tech Mah: Which IT stock is worth your portfolio?

Laxmikant Shukla, technical analyst at YES Securities maintains a constructive view on HCL Tech, Tech Mahindra and TCS, and predicts up to 14 per cent upside for these stocks.

Meesho shares drop 6% after Q1 results; net loss narrows to ₹133-cr

Meesho said it continued investing in AI capabilities, engineering productivity and new consumer acquisition while maintaining a disciplined capital allocation approach.

SBI Funds Management stock falls below IPO issue price; down 8% from high

Share price of SBI Funds Management slipped 1 per cent to ₹572.15, falling below its issue price of ₹574 per share, on the BSE in Friday's intra-day deals.

Sensex tanks 900 pts intraday, Nifty at 23650: Why markets fell on Friday?

VK Vijayakumar of Geojit Investments said that the attack on Saudi tankers by the Iran-backed Houthis in the Red Sea is the main reason for the recent sharp spike in oil prices.

HCL Tech rallies 24% from July low; hits 3-month high on huge volume

HCL Tech expects demand to remain resilient as the industry transitions from AI disrupted to AI-native services, driven by ongoing modernization imperatives and AI-led transformation.

IndiGo sheds 3% on ₹238-cr Q1 loss, but brokerages stay bullish; here's why

IndiGo share price: Despite of a headline miss in Q1 earnings, analysts believe that IndiGo's structural story remains intact, prompting them to retain their ratings on the stock.

Caliber Mining shares list at 18% premium; should you book profit or hold?

The stock made a stronger-than-expected market debut, listing at ₹504 on the BSE, a premium of ₹80, or 18.87 per cent, over its issue price of ₹424 per share

Stocks to Watch today: Infosys, IndiGo, Shriram Fin, BoB, Swiggy, OMCs

NTPC, Shriram Finance, Bank of Baroda, Bank of India, CG Power among top stocks slated to post their Q1 results today.

Asian shares fall as oil spike revives inflation fears, bonds take a hit

Asian markets fell after Brent crude climbed above $100 a barrel amid escalating Gulf tensions, while fresh US tariffs and rising bond yields heightened concerns over a renewed inflation shock

F&O strategy: Nandish Shah recommends Bear Spread on Nifty, AB Capital

Here's why Nandish Shah technical research analyst of HDFC Securities recommends a 'Bear Spread' strategy on Nifty and AB Capital

Oil prices top $100 amid Houthi attacks on tankers in the Red Sea

Brent crude surged above $100 after Houthi attacks on Saudi tankers deepened Middle East supply disruptions, fuelling fears of a prolonged global oil shock

Strong Q1 FY27 for Eternal, market share gains likely for Blinkit

Blinkit's strong order growth, expanding user base and disciplined execution reinforce its leadership in quick commerce, while Eternal's Q1 results beat Street estimates

Parl panel bats for cryptocurrency statutory and regulatory framework

A parliamentary panel has urged the government to create a regulatory framework for cryptocurrencies, citing investor protection and risks from the current legal vacuum

Markets fall for fourth session as higher crude prices, FPI selling weigh

Benchmark indices extended losses as rising crude oil prices and sustained foreign portfolio investor selling offset domestic institutional buying and weighed on sentiment

Sebi moots MF-only PMS framework, lowers minimum investment to ₹25 lakh

Investment in overseas securities and expanding the use of exchange-traded derivatives also part of proposal

Dr Reddy's may underperform on growth, margin worries after muted Q1

North America weakness, lower margins, uncertainty over key launches weigh on earnings outlook

Govt plans ₹20,000 crore bond buyback through RBI auction on Tuesday

The buyback will cover four government securities maturing in 2026 and 2027 as the Centre seeks to smooth its redemption profile and manage debt more efficiently