Page 538 - Markets News
BSE shares reach new life-time high, zoom 71% from March low
Since March 28, the stock price of BSE has appreciated by 34% after the NSE deferred its plan to change the day of expiring of its contracts from Thursday to Monday.
 "BSE shares reach new life-time high, zoom 71% from March low")
Nifty above 200-DMA after 4 months; is this the start of a new bull-run?
The Nifty 50 index has surged over 11 per cent in the last eight trading sessions, and in the process has conquered its key moving averages, shows the daily chart.
 "Nifty above 200-DMA after 4 months; is this the start of a new bull-run?")
Muthoot Finance shares gain 5% after company declares ₹26 interim dividend
The interim dividend, the company said, will be paid to the shareholders within 30 days from the date of declaration
 "Muthoot Finance shares gain 5% after company declares ₹26 interim dividend")
MTNL shares dip 6% as company again defaults payment of instalment to banks
With this the amount of outstanding borrowings from Banks/Financial Institutions stand at ₹8,346 crore
 "MTNL shares dip 6% as company again defaults payment of instalment to banks")
Analysts predict upto 17% upside in ICICI Bank stock after Q4; check target
ICICI Bank share price: ICICI Bank shares rose 2.1 per cent, or ₹30.4 per share, on the stock exchange in the intraday trade
 "Analysts predict upto 17% upside in ICICI Bank stock after Q4; check target")
Gensol Engineering shares hit back-to-back lower circuits; here's why
Gensol Engineering shares fell for the eighth straight session after the company's promoters were alleged of getting involved in fraudulent fund diversification
 "Gensol Engineering shares hit back-to-back lower circuits; here's why")
Spandana Sphoorty soars 19% on heavy volumes; zooms 50% in 7 days
Kotak Institutional Equities said microfinance players are now starting to see a scenario where incremental data on forward flows, collections and SMA book is showing an improvement
 "Spandana Sphoorty soars 19% on heavy volumes; zooms 50% in 7 days")
HDFC Life slips 2% in firm market: Here's what investors should know
Around 11:11 AM, HDFC Life share price was down 1.52 per cent at ₹709.15 per share on BSE. In comparison, the BSE Sensex was up 0.98 per cent at 79,323.24
 "HDFC Life slips 2% in firm market: Here's what investors should know")
Crypto markets gain steam: Bitcoin's rise above $87k fuels market optimism
The bounce in Bitcoin, Riya Sehgal, research analyst, Delta Exchange, said, came as hedge funds aggressively sold the dollar against major currencies
 "Crypto markets gain steam: Bitcoin's rise above $87k fuels market optimism")
TCS, Infosys, Wipro: Should you buy IT stocks post Q4FY25 results?
Technical charts suggest that IT major shares - Infosys, TCS and Wipro can potentially bounce back up to 18% from present levels; here are the key levels to watch out for.
 "TCS, Infosys, Wipro: Should you buy IT stocks post Q4FY25 results?")
Just Dial shares rally 13% as PAT grows 37% YoY, revenue 7% in Q4FY25
In the fourth quarter ended March 31, 2025, the internet and catalogue retail company posted a 36.3 per cent increase in its net profit to ₹157.6 crore as compared to ₹115.6 crore a year ago
 "Just Dial shares rally 13% as PAT grows 37% YoY, revenue 7% in Q4FY25")
Tata Elxsi surges 5% after Q4 results; Check earnings, stock details here
Tata Elxsi has reported a 12.4 per cent fall in net profit to ₹172.4 crore in the fourth quarter
 "Tata Elxsi surges 5% after Q4 results; Check earnings, stock details here")
Bharti Hexacom rallies 10% in 2 days, stock hits record high; here's why
Bharti Hexacom share price: The stock price of the telecom - cellular & fixed line services provider is quoting higher for the seventh straight trading day, surging 18 per cent during the period
 "Bharti Hexacom rallies 10% in 2 days, stock hits record high; here's why")
HDFC Bank shares hit record high post Q4; time to add to your portfolio?
HDFC Bank share price rose 2.2 per cent on the BSE in the intraday trade and hit a fresh record high of ₹1,950 per share. Analysts see up to 15 per cent upside from current market price
 "HDFC Bank shares hit record high post Q4; time to add to your portfolio?")
Tankup Engineers to end SME IPO hiatus; mainboard drought continues
The mainline segment of the primary market continues to remain subdued, with no new public offerings lined up as of now
 "Tankup Engineers to end SME IPO hiatus; mainboard drought continues")
Infosys gains 3% after Q4 results; Check earnings, outlook, analysts' call
Infosys' stock rose as much as 3.04 per cent during the day to ₹1,462.7 per share
 "Infosys gains 3% after Q4 results; Check earnings, outlook, analysts' call")
Sensex poised for 3,000-pt rally; Nifty can zoom 2,000 pts; key levels here
The Nifty is quoting barely 150 pts shy from the 24,000-mark; but the key hurdles stand at 24,050 and 24,169 levels, shows the technical charts.
 "Sensex poised for 3,000-pt rally; Nifty can zoom 2,000 pts; key levels here")
Divi's Labs jumps 4% after signing supply agreement with global pharma firm
Divi's Labs stock was quoting at ₹5,855.50, up 3.81 per cent from Thursday, April 17 close of ₹5,640
 "Divi's Labs jumps 4% after signing supply agreement with global pharma firm")
Nifty Bank up 2%, hits record high on strong Q4 results by HDFC, ICICI Bank
In the past five trading days, HDFC Bank and ICICI Bank shares have outperformed the market by surging up to 11 per cent
 "Nifty Bank up 2%, hits record high on strong Q4 results by HDFC, ICICI Bank")
Indian Rupee extend gains to day five; Opens 27 paise stronger at 85.11/$
The US dollar has been facing sustained pressure, with the Dollar Index down over 9 per cent year-to-date
 "Indian Rupee extend gains to day five; Opens 27 paise stronger at 85.11/$")