Page 399 - Markets News
Tech Mahindra Q1 preview: Earnings set to dip QoQ as key segments drag
Tech Mahindra will report its earnings for the quarter ended June on July 16, and analysts expect a dip in profit and revenue sequentially
 "Tech Mahindra Q1 preview: Earnings set to dip QoQ as key segments drag")
Investors rush to Spunweb Nonwoven IPO as subscription nears 3x; GMP at 36%
Spunweb Nonwoven IPO: Check latest subscription data, grey market premium (GMP), price band, lot size, allotment date, listing date, and other key details here
 "Investors rush to Spunweb Nonwoven IPO as subscription nears 3x; GMP at 36%")
Select PSU banks gain in weak market; Canara, Union, BOB surge up to 3%
Around 12 PM, the Nifty PSU Bank index was up 0.45 per cent, as compared to a 0.43 per cent decline in the Nifty 50
 "Select PSU banks gain in weak market; Canara, Union, BOB surge up to 3%")
Indian equities out of re-rating potential; Emkay decodes what's next
Market outlook: According to Emkay Global Financial, surge in Nifty has pushed the valuations out of the 'attractive' territory and has left little room for further re-rating
 "Indian equities out of re-rating potential; Emkay decodes what's next")
NFO Alert! Groww MF launches BSE Power ETF; here's all you need to know
Groww BSE Power ETF: The investment objective of the scheme is to generate long-term capital growth by investing in securities of the BSE Power Index in the same proportion
 "NFO Alert! Groww MF launches BSE Power ETF; here's all you need to know")
Sensex falls over 400 points, Nifty below 25,100 amid IT sell-off
At 11:30 AM, BSE Sensex was trading at 82,107.93, down by nearly 400 points or 0.49 per cent
 "Sensex falls over 400 points, Nifty below 25,100 amid IT sell-off")
Capital market stock hits new high, surges 51% from March low; here's why
Shares of Anand Rathi Wealth hit a record high of ₹2,388.75, rallied 8% in Monday's intra-day, surpassing its previous high of ₹2,320.28 touched on December 9, 2024 on the BSE.
 "Capital market stock hits new high, surges 51% from March low; here's why")
Sula Vineyards shares slip 3% on weak Q1 sales update; revenue falls 8% YoY
Sula Vineyards share price fell after reporting a weak June quarter of the financial year 2026 (Q1FY26) sales update.
 "Sula Vineyards shares slip 3% on weak Q1 sales update; revenue falls 8% YoY")
Castrol India shares climb 4% after resolving ₹4,131-crore sales tax case
At 10:25 AM, Castrol India shares were trading at ₹228.20, up by 3.78 per cent on the National Stock Exchange.
 "Castrol India shares climb 4% after resolving ₹4,131-crore sales tax case")
Why did this Aditya Birla group company's stock decline 5% in trade today?
Aditya Birla Money share price slipped 5% in trade logging an intraday low at ₹175.6 per share; check all details here
 "Why did this Aditya Birla group company's stock decline 5% in trade today?")
Bitcoin tops $122k as 'Crypto Week' kicks off, breakout puts $125k on cards
The flagship cryptocurrency's market cap has soared to $2.43 trillion, cementing its position as the largest cryptocurrency by market capitalisation and making it the fifth-largest asset globally
 "Bitcoin tops $122k as 'Crypto Week' kicks off, breakout puts $125k on cards")
VIP Industries shares slip 5.5% as Dipal Piramal, family offload 32% stake
At 09:30 AM, VIP Industries' shares were trading at ₹434.50, down by 4.92 per cent on the National Stock Exchange
 "VIP Industries shares slip 5.5% as Dipal Piramal, family offload 32% stake")
Mukul Agrawal portfolio pharmaceutical stock surges 10% in weak market
Shares of Neuland Laboratories rallied 10 per cent to ₹13,500 on the BSE in Monday's intra-day trade in otherwise a subdued market.
 "Mukul Agrawal portfolio pharmaceutical stock surges 10% in weak market")
NIIs drive demand for Smartworks Coworking Spaces IPO; GMP up 5%
Among the individual categories, NIIs bid the highest, oversubscribing the category reserved for them by 2.76 times. This was followed by retail investors, who bid 1.57 times
 "NIIs drive demand for Smartworks Coworking Spaces IPO; GMP up 5%")
Ashiana Housing shares soar 4% on posting Q1 business update; Details here
Ashiana Housing share price advanced 3.7 per cent in early deals the company's area booked soared 35 per cent at 5.95 lakhs sq. ft
 "Ashiana Housing shares soar 4% on posting Q1 business update; Details here")
Religare, VIP Industries, DMart: Trading strategies for stocks in news
Technical charts show that Religare and VIP can potentially rally up to 30% from here, while DMart stock can slip another 7%. These are the key levels to watch out for on these 3 stocks.
 "Religare, VIP Industries, DMart: Trading strategies for stocks in news")
₹2,269-cr order pushes NCC share price 3% higher today; key details inside
NCC share price moved northwards after securing an order worth approximately ₹2,269 crore from Mumbai Metropolitan Region Development Authority (MMRDA).
 "₹2,269-cr order pushes NCC share price 3% higher today; key details inside")
Wockhardt shares rise 2% after exiting US generics business
Wockhardt shares rose 2 per cent after it decided to exit the US generic pharmaceutical segment after incurring consistent losses
 "Wockhardt shares rise 2% after exiting US generics business")
Solid debut! Smarten Power Systems lists at 44% premium, hits upper circuit
Smarten Power Systems IPO listing today: After listing, the shares gained an additional 5 per cent, surging a total of 51.2 per cent from the issue price to reach the upper circuit of ₹151.20
 "Solid debut! Smarten Power Systems lists at 44% premium, hits upper circuit")
Laxmi Dental share price rises 3%; Motilal Oswal initiates 'Buy'; check TP
Laxmi Dental shares rose 3.2 per cent in trade, logging an intraday high at ₹441.6 per share on BSE after Motila Oswal initiated coverage with 'Buy'
 "Laxmi Dental share price rises 3%; Motilal Oswal initiates 'Buy'; check TP")