Page 35 - Markets News
Morepen Labs share price zooms 16% on winning ₹825 crore global order
Morepen Laboratories share price jumped 15.7 per cent to the day's high of ₹45.40 per share on the National Stock Exchange (NSE)
 "Morepen Labs share price zooms 16% on winning ₹825 crore global order")
Vedanta shares rise 2% as board to consider fundraise; analysts bullish
Vedanta share price: In an exchange filing, Vedanta said that its board will meet on Wednesday (February 25) to consider a fundraising proposal via NCDs
 "Vedanta shares rise 2% as board to consider fundraise; analysts bullish")
AU SFB tanks 7%; de-empanelment may trigger trust deficit, say analysts
The stock faced selling pressure after Haryana's finance department issued a circular de-empanelling all AU Small Finance Bank accounts across the state with immediate effect
 "AU SFB tanks 7%; de-empanelment may trigger trust deficit, say analysts")
IDFC First Bank cracks 20% on ₹590 cr fraud; Near-term volatility likely
IDFC First Bank identified an incident involving alleged unauthorised and fraudulent activities by certain employees at a branch in Chandigarh
 "IDFC First Bank cracks 20% on ₹590 cr fraud; Near-term volatility likely")
Sterlite Technologies zooms 90% in 1 month; why telecom stock in demand?
As on Q3FY26, STL's open order book stood at ₹5,325 crore, and a robust order pipeline provides strong revenue visibility and reinforces growth outlook for the year, the management said.
 "Sterlite Technologies zooms 90% in 1 month; why telecom stock in demand?")
Baazar Style Retail share price rises 4% in trade on opening of new stores
The northward movement in the company's share price came following the company's announcement that it has opened two new stores, taking the total store count to 258
 "Baazar Style Retail share price rises 4% in trade on opening of new stores")
Narayana Hrudayalaya up 3% on 3.3-acre Bengaluru land buy for expansion
In a year, Narayana Hrudayalaya shares have gained around 28 per cent as compared to the Sensex's rise of 11.2 per cent
 "Narayana Hrudayalaya up 3% on 3.3-acre Bengaluru land buy for expansion")
Infosys, TCS: Jefferies downgrades Indian IT stocks, cuts earnings estimate
The global research and broking house has cut their earnings estimates by 1-4 per cent across IT firms and expects 6 per cent earnings CAGR over FY26-28.
 "Infosys, TCS: Jefferies downgrades Indian IT stocks, cuts earnings estimate")
Trident to Welspun Living: Textile stocks advance on Trump's 15% tariff
An earlier trade agreement between India and the US lowered the reciprocal duties to 18 per cent from 25 per cent, after the US withdrew a separate punitive tariff of 25 per cent
 "Trident to Welspun Living: Textile stocks advance on Trump's 15% tariff")
Cohance Lifesciences share price jumps over 8% after block deal
Cohance Lifesciences rose as much as 8.5 per cent to the day's high of ₹331.20 on the National Stock Exchange (NSE) following a block deal
 "Cohance Lifesciences share price jumps over 8% after block deal")
Silver, gold ETFs jump up to 10% as metal prices gain amid tariff tensions
In February so far, MCX spot silver has fallen 25 per cent and gold has fallen nearly 6 per cent, according to data compiled by Bloomberg
 "Silver, gold ETFs jump up to 10% as metal prices gain amid tariff tensions")
PSU banks extends rally, gain up to 4%; SBI, BoB, Indian Bank hit new highs
In the past one month, the Nifty PSU Bank index has soared 12 per cent, as compared to 2.7 per cent decline in the Nifty 50.
 "PSU banks extends rally, gain up to 4%; SBI, BoB, Indian Bank hit new highs")
Board Meet Ahead: What's in store for Tata group stocks? Trading view here
Here's why technical analysts at Kotak Securities and Bonanza are bullish on Trent, Tata Steel, Titan and Voltas. Tata Sons board meet on Tuesday, February 24.
 "Board Meet Ahead: What's in store for Tata group stocks? Trading view here")
Dee Development Engineers zooms 15% on securing ₹173-crore orders
The buying on the counter came after Dee Development Engineers secured contracts aggregating about ₹173 crore
 "Dee Development Engineers zooms 15% on securing ₹173-crore orders")
CIE Automotive shares soar 12% as Q3 profit meets Street's estimates
CIE Automotive India reported a 10.4 per cent year-on-year (Y-o-Y) rise in consolidated net profit to ₹204.31 crore for the fourth quarter of 2025
 "CIE Automotive shares soar 12% as Q3 profit meets Street's estimates")
Axis Bank up 2%; nears record high; what's driving private sector lender?
Axis Bank clarified that it has neither submitted nor plans to submit any bid for acquiring a stake in CreditAccess Grameen.
 "Axis Bank up 2%; nears record high; what's driving private sector lender?")
Here's what drove LT Foods share price higher by 7% in trade on Feb 23
The northward movement in the LT Foods company share price came after the company announced the incorporation of its wholly owned subsidiary in the UAE
 "Here's what drove LT Foods share price higher by 7% in trade on Feb 23")
Risk-off wave hits crypto after Trump's tariff move; Bitcoin dips near $64k
The sell-off in crypto markets, analysts said, was driven by global risk-off sentiment following Trump's tariff announcement
 "Risk-off wave hits crypto after Trump's tariff move; Bitcoin dips near $64k")
Shree Ram Twistex IPO invites bids: GMP up 5%; should you park your money?
Shree Ram Twistex IPO opens today: Check price band, lot size, latest GMP, review, allotment date, listing date, and other key details here
 "Shree Ram Twistex IPO invites bids: GMP up 5%; should you park your money?")
Stocks to buy: Angel One's Rajesh Bhosale suggests NTPC, Petronet, Graphite
Angel One Equity Technical Analyst Rajesh Bhosale said that NTPC has an overall strong trend, and Petronet is trading above all major moving averages, reinforcing a positive bias
 "Stocks to buy: Angel One's Rajesh Bhosale suggests NTPC, Petronet, Graphite")