Page 559 - Markets News
Fortis Healthcare falls 8% after ₹76-crore tax notice to subsidiary IHL
According to the exchange filing, the tax demand is unlikely to impact the company's financials or operations
 "Fortis Healthcare falls 8% after ₹76-crore tax notice to subsidiary IHL")
Zomato share plunges 10% as COO of food ordering, delivery business resigns
The sharp decline in the Zomato share price came after Rinshul Chandra, chief operating officer (COO) of food ordering and delivery business, tendered his resignation on April 5, 2025
 "Zomato share plunges 10% as COO of food ordering, delivery business resigns")
India VIX zooms 60% as markets crash, trade war fears rattle investors
The surge in uncertainty followed a continued global stock rout after Beijing imposed a 34 per cent tariff on all US imports last Friday
 "India VIX zooms 60% as markets crash, trade war fears rattle investors")
Why are Delhivery shares outperforming despite market crash? Details here
The rise in the Delhivery share price came after the company announced on April 5 that it had signed a definitive agreement to acquire a controlling stake in Ecom Express for about ₹1,400 crore
 "Why are Delhivery shares outperforming despite market crash? Details here")
Trade war, Trump tariffs crush Sensex, Nifty: Market view, what to buy now?
Stock Market Crash: Monday's gap-down trade on the Nifty may drag the index towards the 21,500 mark
 "Trade war, Trump tariffs crush Sensex, Nifty: Market view, what to buy now?")
Major oil-linked companies stock slump after brent crude oil slips 3%
When oil prices drop, upstream companies face reduced revenue, which can lead to cost-cutting measures, reduced profits, and in some cases, financial losses
 "Major oil-linked companies stock slump after brent crude oil slips 3%")
IT stocks under pressure: Nifty IT slips 7% on fears around recession
The Nifty IT index plunged amid recession-related fears due to US imposing 'reciprocal tariffs' on trading partners without showing signs of backing down
 "IT stocks under pressure: Nifty IT slips 7% on fears around recession")
₹1.5 trillion market-cap drop in 11 Tata group stocks; What should you do?
"Tata Group shares have rallied in the last three years and outperformed stocks of other groups in Indian markets, said Kranthi Bathini, equity strategist, WealthMills Securities
 "₹1.5 trillion market-cap drop in 11 Tata group stocks; What should you do?")
Why are metal stocks falling? Lloyds Metals, SAIL, HZL, Nalco dip up to 18%
Of the 15 stocks in the Nifty Metal Index, five stocks, including Hindustan Copper, Nalco, Hindalco, JSL, and NMDC, hit fresh 52-week lows
 "Why are metal stocks falling? Lloyds Metals, SAIL, HZL, Nalco dip up to 18%")
GMR Airports shares rise 3% on acquisition news; check details here
The uptick in the company's share price came following the news that its step-down subsidiary, GMR Airport Developers, had acquired GADL LLC
 "GMR Airports shares rise 3% on acquisition news; check details here")
Here's why Dr. Reddy's share slipped 8%, hit 52-week low on Monday, April 7
The fall in Dr. Reddy's share price came after the company announced that it received approximately Rs 2,395-crore show cause notice from I-T department
Trent share price crashes 19% after revenue growth moderation in Q4FY25
Trent was trading at ₹4,533.55, down 18.50 per cent from Friday's close of ₹5,562.85 on the National Stock Exchange
 "Trent share price crashes 19% after revenue growth moderation in Q4FY25")
Market crash: What are circuit filters for the Sensex, Nifty? Explained
According to the NSE, the index-based market-wide circuit breaker system applies at three stages of index movement, either way-at 10 per cent, 15 per cent and 20 per cent
 "Market crash: What are circuit filters for the Sensex, Nifty? Explained")
50% of Sensex stocks sink over 5%; Tata Motors, RIL, TCS hit 52-week lows
Trump tariffs, stock market today: Tata Motors share price sank 10.31 per cent to ₹550.55 per share after Jaguar Land Rover said it has halted exports to the US this month
 "50% of Sensex stocks sink over 5%; Tata Motors, RIL, TCS hit 52-week lows")
Retaggio Industries IPO listing: Shares list flat on BSE SME on April 7
Retaggio Industries shares listed at ₹25.10, up ₹0.10 or 0.40 per cent from the issue price of ₹25 following the completion of its initial public offering (IPO)
 "Retaggio Industries IPO listing: Shares list flat on BSE SME on April 7")
Tariff turmoil catches crypto: Bitcoin dips below $80k amid global sell-off
The sell-off extended into the crypto markets too, with Ethereum (ETH), the world's second-largest cryptocurrency by market capitalisation, taking the worst hit among other popular cryptocurrencies
 "Tariff turmoil catches crypto: Bitcoin dips below $80k amid global sell-off")
Indian Rupee sees worst start in nearly 2 months; Opens 41 paise lower
The domestic currency weakened 41 paise to open at 85.65 against the greenback after closing at 85.24 on Friday
 "Indian Rupee sees worst start in nearly 2 months; Opens 41 paise lower")
US futures, oil dive as markets hungry for rapid tariff cuts from Trump
Investors had thought the loss of trillions of dollars in wealth and the likely body blow to the economy would make Trump reconsider his plans
 "US futures, oil dive as markets hungry for rapid tariff cuts from Trump")
Stock market trading guide, Apr 7: Nikkei hits lower limit, US tariff woes
As of 6:36 AM, GIFT Nifty futures were down 1,006 points, at 21,952, compared to the previous close of Nifty futures at 22,958.15, signaling a gap-down start for Indian markets
 "Stock market trading guide, Apr 7: Nikkei hits lower limit, US tariff woes")
Stocks to Watch Today, April 7: RIL, OIL, Tata Motors, IndusInd, Tata Steel
Stocks to Watch Today, Monday, April 7, 2025: ONGC, Biocon, ITC, Bajaj Housing, Godrej Properties, Force Motors, Mazagon Dock Shipbuilders, and DCM Ltd are some of the top stocks to watch today