Page 373 - Markets News
Sensex drops 500 pts, Nifty below 25,200 as IT stocks drag
Even broader markets failed to trade in the green territory. The Nifty midcap 100 was trading at 58,954.15, down by 0.60 per cent.
 "Sensex drops 500 pts, Nifty below 25,200 as IT stocks drag")
BEML shares gain 3% on ₹294 crore order win; details here
BEML shares rose 3 per cent after it bagged a ₹294 crore order from the Ministry of Defence for HMV 6X6 supply
 "BEML shares gain 3% on ₹294 crore order win; details here")
Nestle Q1 results: Shares slip 4%; check key earnings details here
Nestle Q1 results: Nestle India shares slipped 4.4 per cent in trade, logging an intra-day low at ₹2,344 per share on BSE after posting Q1 results; check PAT, revenue and other details
 "Nestle Q1 results: Shares slip 4%; check key earnings details here")
Nifty IT index slides 1.5%: Why did IT stocks fall today?
Infosys shares fell despite analysts remaining positive after the company reported in-line first-quarter earnings
 "Nifty IT index slides 1.5%: Why did IT stocks fall today?")
Bikaji Foods rises 3% after posting Q1 results; what should investors do?
Bikaji Foods shares advanced 3.4 per cent in trade, logging an intraday high at ₹815.25 per share on BSE, after the company reported its Q1 results; brokerage view here
 "Bikaji Foods rises 3% after posting Q1 results; what should investors do?")
Tata Consumer Products shares rise 4% post Q1: Should you stay invested?
Tata Consumer Products Q1 review: In the June quarter (Q1FY26), Tata Consumer Products registered a 15 per cent jump in the consolidated net profit; here's what brokerages recommend
 "Tata Consumer Products shares rise 4% post Q1: Should you stay invested?")
IEX tanks 23%: Brokerages decode what CERC's nod to 'market coupling' mean
IEX shares were locked at the lower circuit on the stock exchanges today as approval to market coupling norm will shift volumes to other competing exchanges, denting growth prospects of IEX
 "IEX tanks 23%: Brokerages decode what CERC's nod to 'market coupling' mean")
Wait over! NSDL IPO to open for subscription on July 30; check key details
NSDL IPO is an entirely Offer for Sale (OFS) of up to 50,145,001 equity shares with a face value of ₹2 each
 "Wait over! NSDL IPO to open for subscription on July 30; check key details")
How to trade Dr Reddys, Tata Consumer, Bajaj Housing post Q1 results?
Technical charts hint at a likely positive bias for Dr Reddy's stock, while a negative outlook for Tata Consumer. Bajaj Housing Finance is likely to remain range-bound.
 "How to trade Dr Reddys, Tata Consumer, Bajaj Housing post Q1 results?")
Aditya Birla Real Estate shares gain 2% post Q1; check details here
Total income for the quarter under review witnessed a drop, to ₹157.41 crore as against ₹365.24 crore reported in the same period of the previous fiscal year.
 "Aditya Birla Real Estate shares gain 2% post Q1; check details here")
Should you buy, sell or hold Infy stock post Q1 results? Chart check here
Infosys stock needs to trade consistently above its 20-DMA for the short-term bias to turn favourable; on the upside the stock can potentially jump to ₹1,707 levels, indicates technical chart.
 "Should you buy, sell or hold Infy stock post Q1 results? Chart check here")
Thyrocare Technologies zooms 13%, hits 52-week high on posting Q1 results
Thyrocare Technologies shares zoomed 12.66 per cent in trade, hitting a 52-week high at ₹1,356.95 per share on the BSE.
 "Thyrocare Technologies zooms 13%, hits 52-week high on posting Q1 results")
VA Tech Wabag gains 5% on ₹2,332-cr order win from Saudi Water Authority
VA Tech Wabag shares rallied after the company secured a major order worth ₹2,332 crore from the Saudi Water Authority.
 "VA Tech Wabag gains 5% on ₹2,332-cr order win from Saudi Water Authority")
Shanti Gold IPO opens on July 25; aims to raise ₹360-cr: Check key details
Shanti Gold International IPO: The company aims to raise ₹360.11 crore through a fresh issue of 18.1 million equity shares. Check key dates, price band, lot size, objective, financials here
 "Shanti Gold IPO opens on July 25; aims to raise ₹360-cr: Check key details")
Govt to pocket ₹7.3k-cr dividend from insurance behemoth LIC; details here
The country's largest insurer has announced that its board has recommended paying a final dividend of ₹12 per equity share for the financial year 2024-25 (FY25)
 "Govt to pocket ₹7.3k-cr dividend from insurance behemoth LIC; details here")
Persistent Systems bleeds over 9% post mixed Q1; here's what brokerages say
Around 11:10 AM, the Persistent Systems' share was trading 8.24 per cent lower at ₹5,143.50. In comparison, BSE Sensex was down 0.26 per cent at 82,514.88 levels.
 "Persistent Systems bleeds over 9% post mixed Q1; here's what brokerages say")
Tilaknagar Industries shares hit life-high on Imperial Blue business deal
Tilaknagar Industries shares hit a life-high after it announced the acquisition of Imperial Blue business division
 "Tilaknagar Industries shares hit life-high on Imperial Blue business deal")
Smallcap auto stock soars 20%; zooms 216% thus far in CY25. Do you own?
Shares of Force Motors hit a new high of ₹20,563, soaring 20 per cent on the BSE in Thursday's intra-day trade in an otherwise subdued market after the firm reported healthy June quarter earnings.
 "Smallcap auto stock soars 20%; zooms 216% thus far in CY25. Do you own?")
This IT stock rises 2% even as Nifty IT falls 1%; check all details here
Oracle Financial Services Software shares rose 2.3 per cent in trade after the company posted its Q1FY26 results
 "This IT stock rises 2% even as Nifty IT falls 1%; check all details here")
Supreme Petrochem slips over 2% on weak Q1 results; profit tanks 34% YoY
Supreme Petrochem share price dropped on reporting a weak set of June quarter of financial year 2026 (Q1FY26) results.
 "Supreme Petrochem slips over 2% on weak Q1 results; profit tanks 34% YoY")