Page 56 - Markets News

IndiGo gains 2% as airline restores West Asia flights, adds fuel charge

The parent of IndiGo said it will operate 252 weekly flights to and from the West Asia between March 16 and March 28, 2026

War-driven selloff erodes $447 bn off India mcap, close to Covid crash

Even as a crude-laden Indian tanker sailed safely from UAE's Fujairah and Tehran claimed Hormuz is closed for its 'enemies', the war continues to rattle many sectors

Antique retains buy on Yatra; Middle East impact temporary, sees 87% upside

Factoring in the Middle East conflict-related disruption, Antique trimmed its FY26-FY28 earnings estimates for Yatra Online by 4 per cent each and reduced its valuation multiple to 27x from 32x

West Asia war may push cement prices higher; Nomura, Emkay pick top stocks

West Asia tensions may raise fuel and packaging costs for cement firms. Analysts see near-term margin pressure but suggest accumulating large-cap cement stocks.

Bajel Projects shares soar 13% on ₹700 crore EPC contract win from MSETCL

The contract involves the establishment of a 400/220 kilovolt air insulated switchgear (AIS) substation at Saswad in Pune district along with associated transmission lines

Here's why Tejas Networks share price rose 9% in trade on March 16

Tejas Networks share: The uptick in Tejas Networks' stock follows its announcement of a purchase order to supply 4G RAN (Radio Access Network) solutions for a mobile network in South Asia

IDBI Bank shares tumble 14% on reports of stake sale cancellation

IDBI Bank share price today: The sell-off comes amid reports that the government could scrap the divestment plan after bids fell short of the reserve price

Systematix prefers RIL, Petronet LNG, Gulf Oil as crude scales $100/bbl

The brokerage noted that upstream players benefit from stronger realisations, while integrated players, such as Reliance, can be supported by stronger refining and petrochemical economics

Antique upgrades GAIL; sees upside in upstream, OMCs amid West Asia war

Antique upgraded GAIL (India) Ltd. to 'Buy' from 'Hold', citing the sharp correction in the stock price despite a relatively limited impact on its target price

Choice retains 'Buy' on Sirca Paints India, sees 52% upside; here's why

Choice highlighted that the company will continue to focus on the premium wood coatings segment, where demand is largely driven by architects and premium contractors

Trent: Once a D-St darling, now testing investor patience; what lies ahead?

After a spectacular rally that multiplied investor wealth nearly tenfold between April 2021 and October 2024, Trent shares have been on a persistent decline

Stocks to Watch today: Jindal Stainless, Adani Power, IndiGo, Voltas

Stocks to Watch today, March 16: Jindal Stainless, Seamec, Adani Power, GMR Airports, IndiGo, and Voltas are among the top stocks

Top trading ideas: Buy Thermax, Ipca Labs and one other share, says analyst

Top trading ideas: Aakash Shah of Choice Equity Broking suggests buying these three stocks today; here's why

Smallcap stock to buy: Angel One picks Himadri Speciality for 25% upside

Stock to buy: Himadri Speciality Chemicals is a constituent of the Nifty Smallcap 100 index. Brokerage firm Angel One has intitiated 'Buy' coverage for an upside of 25 per cent

Stocks to buy today: Analyst bullish on these two power shares

Stocks to buy today: Osho Krishan of Angel One recommends buying these two power shares today; check target, stop-loss and other key details

Asian markets wary as oil prices climb amid conflict in West Asia

The WSJ reported the Trump administration plans to announce as early as this week that multiple ​countries have agreed to form a coalition to escort ships through Hormuz

Par panel recommends IPO route for profitable RRBs to raise capital

RRBs have achieved a historic consolidated net profit of Rs 7,720 crore in just the first nine months of FY 2025-26, driving gross NPAs down to a 13-year low of 5.4 per cent

Oil market set for tumultuous week on rising West Asia conflict risks

Asian nations seeking US energy to reduce reliance on West Asia

Market breadth sinks below Covid lows amid rising West Asia conflict

The ADR has remained below 1 in six of the past 12 months, indicating that market breadth had already been deteriorating before the latest geopolitical flare-up

Iran war: Auto earnings at risk as demand sputters, margin worries mount

Rising input costs, export risks to the Middle East and fears of gas supply disruptions weigh on Indian auto stocks amid the escalating Iran conflict