Page 62 - Markets News

Sedemac Mechatronics lists at 14% premium on bourses; beats GMP estimates

Sedemac Mechatronics shares began trading on the NSE at ₹1,535 per share, up 13.5 per cent from the issue price of ₹1,352

Waaree Renewable shares advance 7% on 300 MW solar EPC contract

Waaree Renewable said it has signed an EPC contract for a 300 MWac / 420 MWp ground-mounted solar PV plant

HG Infra shares soar 10% on receiving ₹401 cr thermal power project order

HG Infra said it received an order worth ₹401.33 crore from Anuppur Thermal Energy for works related to railway infrastructure at a thermal power project

Crude surge may trigger paint price hikes; Systematix prefers Berger Paints

Systematix continues to prefer Berger Paints India, highlighting its consistent growth outperformance and momentum across both decorative and industrial segments

Iran war boosts gold, silver appeal; Tata MF advises staggered buying

Tata Mutual Fund advises staggered investment in gold and silver as the Iran conflict fuels geopolitical uncertainty and strengthens safe-haven demand

JPMorgan bullish on life insurers; initiates Max Financial at Overweight

Within the sector, Max Financial Services is JPMorgan's top pick, followed by SBI Life, HDFC Life, ICICI Prudential Life and LIC

Rajputana Stainless vs Innovision IPO: Where should you park your money?

Brokerages have a more positive view on Rajputana Stainless, while their outlook on Innovision remains relatively cautious

SAIL an attractive risk-reward play, says ICICI Direct; sees 33% upside

SAIL share price target: ICICI Direct said that SAIL trades at a lucrative valuation vs peers with a healthy balance sheet. The brokerage has assigned 'Buy' call for a target of ₹200

Dividend, rights issue: Indian Oil, 4 other stocks to remain in focus today

Here is the complete list of stocks that will remain in focus today following their announcements of corporate actions, including dividends, and rights issues

Stocks to Watch today: Infosys, Adani Enterprises, IndiGo, Waaree Energies

Stocks to Watch today, March 11: TVS Supply Chain, HG Infra, Waaree Renewable Technologies, Hindustan Zinc, and Bank of Baroda are among the top stocks to remain in focus today

Nifty, Bank Nifty outlook; Aurobindo Pharma, ABB among top stock picks

Bank Nifty has to hold above 56,750 zones for a bounce towards 57,250 then 57,500 levels while a hold below the same could see some weakness towards 56,500 then 56,250 zones

Tata Consultancy Services wealth erosion tops $100 billion from peak

TCS loses over $100 billion in market value from its 2022 peak as AI uncertainty and IT sector correction trigger a sharp valuation reset

Markets rebound as oil prices ease; Nifty gains 1%, Vix drops 19%

Sensex jumped 640 points and Nifty rose 1% after easing crude oil prices and hopes of de-escalation in the Iran conflict lifted sentiment, even as volatility remains elevated.

Export demand, margins of tile sector likely to take a hit in Q4 FY26

The tile industry could see drops in production and drastic margin compression, as energy costs, which are usually 20-25 per cent of net sales, could spike enormously

SAT upholds Sebi order against Sahara group firm in ₹14,106 crore OFCD case

In an order dated March 9, a three-member SAT bench ruled that the OFCDs issued by SICCL between 1998 and 2008 constituted a public offer, bringing them within Sebi's regulatory jurisdiction

I-T Dept asks brokers to remit excess STT collected from customers

Income Tax Department has asked brokers to deposit excess securities transaction tax collected from clients for FY24 and earlier years along with interest

US-Iran war puts ₹70,000 cr dent in LIC's portfolio; banks, L&T worst hit

Holdings in SBI, ICICI Bank and HDFC Bank accounted for more than one-fifth of the losses for Life Insurance Corporation of India; while L&T alone created a 11 per cent dent, shows ACE Equity data.

HKC JV approval removes overhang, may boost Dixon Technologies' margins

Dixon Technologies shares surged after MeitY approved its joint venture with HKC Overseas to manufacture display modules, with analysts expecting improved margins and value addition

Ackman seeks $10 billion in New York IPO of Pershing Square and Fund

Ackman is eyeing a dual public offering for Pershing Square and a US-listed closed-end fund called Pershing Square USA, which he had previously sought to take public in 2024

Market Close: Sensex gains 640 pts, Nifty tops 24,260; Trump says Iran war may end soon; Oil down 9%

Sensex Today | Stock Market Highlights, Tuesday: The Nifty MidCap and the Nifty SmallCap indices were trading 1.62 per cent and 2.12 per cent higher, respectively.