Page 59 - Markets News

Religare Enterprises dips for 7th day, down 10% since demerger announcement

Religare Enterprises has approved a plan to demerge its financial services and insurance businesses into two separately listed entities

Stock market crash today: Sensex tanks 1,200 pts, Nifty slips below 25,500

Sensex crashes over 1,200 pts and Nifty falls below 25,550 as Brent crude tops $71, India VIX jumps 12 per cent, and bank stocks drag markets. Here's why the stock market is falling today

Datamatics Global Services zooms 20% on huge volumes in weak market

As many as a combined 7.39 million equity shares representing 13.3 per cent of total equity of Datamatics Global Services changed hands on the NSE and BSE in Thursday's trade.

PNGS Reva IPO ahead: Here's what RHP says about key risks and growth driver

As investors await the launch of the public offering, here are the top risk factors and strengths outlined in the company's Red Herring Prospectus (RHP)

MapmyIndia stock hits 32-month low, tanks 36% from January high

C.E. Info Systems, the parent company of MapmyIndia was down 3.5 per cent at ₹1,121.25 on the BSE in Thursday's intra-day trade, and has dropped 13 per cent in the past five trading days.

TCS share price climbs 2% in intraday on partnership with OpenAI

Today's rebound in TCS shares came as the Tata group announced a partnership with OpenAI amid the ongoing India AI Impact Summit in New Delhi

RIL smartly deploying cash war chest to ride AI boom; analysts remain bullish

Meanwhile, at the bourses, in the last one year, RIL stock has outperformed the market by rising nearly 17 per cent compared to the 12 per cent rise in the Nifty 50 index, data shows

Bitcoin to hit $1 mn? Eric Trump stays optimistic despite crypto turmoil

Commenting on the ongoing volatility in Bitcoin, Eric acknowledged the sharp price swings but remained optimistic about its long-term potential

Fractal Analytics up 4% on unveiling Vaidya 2.0 healthcare reasoning model

Fractal said Vaidya 2.0 scored 50.1 on OpenAI's HealthBench (hard), and claimed it is the first AI model to cross the 50+ mark on this benchmark, outperforming OpenAI's GPT-5 and Google's Gemini Pro 3

Aurobindo Pharma up 3% in weak market, rebounds 6% from Wednesday's low

Aurobindo's management maintains confidence in achieving an internal EBITDA margin target of 20-21 per cent for FY26, supported by strong operating leverage and a diversified business model.

Elara Capital downgrades VIP Ind to 'Accumulate', cuts estimates on Q3 miss

Elara Capital values the VIP Industries stock at 26x FY28E EV/Ebitda and has maintained its target price at ₹430

Newgen Software Technologies share price surges 20% on high volumes

Newgen Software Technologies share price rose 20.3 per cent to a high of ₹618 per share, the highest level since January 27, on the National Stock Exchange (NSE)

Netweb share price zooms 20% in 3 sessions; buy, sell or hold?

Netweb share price: The shares of India's largest supercomputing systems manufacturer have gained almost 20 per cent in just three trading sessions

GE Power falls for second day, down 18% from 52-week high; should you buy?

GE Power shares have more than doubled investors' money in the last one year by yielding a multibagger return of 103 per cent, as against a 12.2 per cent rise in the benchmark Nifty 50 index

ONGC, Oil India rally up to 4%; BPCL, HPCL, IOCL fall 3%; here's why

The prospects for OIL and ONGC may improve - with volume growth, stronger gas realisations and delta from refining/downstream subsidiaries likely aiding consolidated earnings momentum, say analysts.

JM Financial AMC's pre-IPO fund: A ₹1,500-cr bet on India's next big IPOs

The Pre-IPO Fund will focus on investing in companies that are expected to list within 18 months, a move expected to align with the growing interest in IPO-bound startups

F&B players to sustain outperformance; Britannia, Marico top picks: JM Fin

For Q4, the brokerage expects Marico to lead the HPC segment with around 20 per cent sales growth, followed by 9-10 per cent growth for Dabur India and Godrej Consumer Products

Gold, silver ETFs rebound as previous metals rise; global cues add support

Gold futures for April delivery edged higher to ₹1,56,050 per 10 gram on the MCX during the morning session, while silver futures for March delivery rose to ₹2,44,901 per kilogram

LG Electronics newly rated 'Buy' at Axis Direct; 16% upside potential seen

Axis Direct believes LG Electronics is well-positioned for sustained profitability and growth supported by its leading market share, brand equity, and deep distribution networks

NCC share price drops 10%, hits over 2-year low on NHAI debarment order

NCC share price declined 9.9 per cent to ₹135, the lowest level since July 14, 2023, on the National Stock Exchange (NSE)