Page 521 - Markets News
Here's why Hinduja Global Solutions shares rose 7% in trade on May 12
Hinduja Global Solutions has opened its newest AI-powered digital customer experience and Data & Analytics innovation center in Waterloo, Ontario
 "Here's why Hinduja Global Solutions shares rose 7% in trade on May 12")
Triveni Turbine shares fly 12% as Q4 profit zooms 24%; ₹2 dividend declared
Triveni Turbine shares zoomed after the company posted a healthy set of numbers in its March quarter of financial year 2025 (Q4FY25) results.
 "Triveni Turbine shares fly 12% as Q4 profit zooms 24%; ₹2 dividend declared")
Why are investors buying BEML shares today? Stock rises 5% in trade
BEML share price: In the past one year, BEML shares have lost around 17 per cent as against Sensex's rise of 9 per cent
 "Why are investors buying BEML shares today? Stock rises 5% in trade")
Accretion Pharmaceuticals IPO opens on May 14: Here's all you need to know
Accretion Pharmaceuticals has set the price band for its IPO in the range of ₹96 to ₹101 apiece
 "Accretion Pharmaceuticals IPO opens on May 14: Here's all you need to know")
L&T up 7% in 2 days, crosses 200-DMA after 4 months; chart flags this alert
Meanwhile, brokerage firm Nomura has retained its 'Buy' rating on Larsen & Toubro post Q4 results; but lowered the target price.
 "L&T up 7% in 2 days, crosses 200-DMA after 4 months; chart flags this alert")
Hero MotoCorp Q4 Preview: Net profit may rise up to Rs 1,124 crore YoY
On the bourses, Hero MotoCorp shares were in demand, with the scrip rising up to 2.70 per cent to hit an intraday high of Rs 3958.40 per share.
 "Hero MotoCorp Q4 Preview: Net profit may rise up to Rs 1,124 crore YoY")
Birla Corp shares see best day in 5 years as stock rallies 20%; here's why
Birla Corp.'s stock rose as much as 20 per cent during the day to an upper circuit of ₹1,268.8 per share, the biggest intraday gain since May 26, 2020
 "Birla Corp shares see best day in 5 years as stock rallies 20%; here's why")
Rekha Jhunjhunwala portfolio stock nears 3-year high; up 95% from 52-wk low
Shares of Nazara Technologies hit an over two-year high of ₹ 1,149.85, up 4% in Monday's intra-day trade. The stock surpassed its previous high of ₹ 1,124.15 touched on September 19, 2024 on the BSE.
 "Rekha Jhunjhunwala portfolio stock nears 3-year high; up 95% from 52-wk low")
Virtual Galaxy Infotech IPO Day 2 update: Subscription rises 1.4x, GMP 14%
The unlisted shares of Virtual Galaxy Infotech were trading at around ₹162 per share, reflecting a grey market premium (GMP) of 14.08 per cent over the upper end of the issue price
 "Virtual Galaxy Infotech IPO Day 2 update: Subscription rises 1.4x, GMP 14%")
Reliance Power shares jump 13% in trade; here's why stock is in demand
Reliance Power share price: In the past one year, Reliance Power shares have gained over 50 per cent as against Sensex's rise of 9 per cent
 "Reliance Power shares jump 13% in trade; here's why stock is in demand")
Integrity Infrabuild IPO opens on May 13: Check price band, GMP, key dates
The unlisted shares of Integrity Infrabuild Developers were trading flat at ₹100, the issue price, in the grey market premium
 "Integrity Infrabuild IPO opens on May 13: Check price band, GMP, key dates")
Why CE Info Systems or MapmyIndia shares gained 6% in trade today?
CE Info Systems (MapmyIndia) share: The company announced its Q4 results on Friday, after market hours. In the quarter that ended March 31, 2025, the company registered a 28 per cent rise in PAT
 "Why CE Info Systems or MapmyIndia shares gained 6% in trade today?")
Dr Reddy's: Brokerage reports by JM Financial, Motilal Oswal as stock up 4%
DRL's management has guided for double-digit growth in FY26, with margins expected to remain similar to FY25 levels. Here's what brokerages expect from the company going ahead
 "Dr Reddy's: Brokerage reports by JM Financial, Motilal Oswal as stock up 4%")
Bitcoin consolidates near $104k, eyes $115k; ETH slips below $2,500
Notably, Bitcoin is 4.73 per cent lower than its all-time high of $109,114.88, reached nearly four months ago on January 20, 2025
 "Bitcoin consolidates near $104k, eyes $115k; ETH slips below $2,500")
Yes Bank shares rally 9% as SMBC agrees to buy 20% stake for ₹13,482 crore
The lender's stock rose as much as 8.39 per cent during the day to ₹21.7 per share
 "Yes Bank shares rally 9% as SMBC agrees to buy 20% stake for ₹13,482 crore")
Bank shares in focus: SBI, IOB, Axis, HDFC Bank rally up to 5%; here's why
SBI, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IDFC First Bank, Federal Bank, and Bandhan Bank have announced a combined sale of their 20% stake in Yes Bank to Japan's SMBC
 "Bank shares in focus: SBI, IOB, Axis, HDFC Bank rally up to 5%; here's why")
Tata Motors Q4 Preview: Here's what to expect from auto giant in March qtr
Tata Motors shares were buzzing in trade a day ahead of Q4 results, with the stock rising up to 3.39 per cent to hit an intraday high of ₹732.55.
 "Tata Motors Q4 Preview: Here's what to expect from auto giant in March qtr")
Pakistan market halted as KSE-30 soars 9%, hits circuit as tensions cool
Pakistan's stock benchmark KSE-30 Index surged as much as 9.2%, the most since 2008
 "Pakistan market halted as KSE-30 soars 9%, hits circuit as tensions cool")
Market volatility gauge India VIX drops 20% on easing border tensions
India VIX, the measure of market volatility in the domestic market, fell as much as 20.46 per cent to 17.79
 "Market volatility gauge India VIX drops 20% on easing border tensions")
Nifty Pharma drops 2% after Trump reveals plans to lower US drug cost
The US President has predicted that pharmaceutical prices could drop 30 per cent to 80 per cent in America
 "Nifty Pharma drops 2% after Trump reveals plans to lower US drug cost")