Page 9 - Markets News

Tech analyst flags Meesho, PolicyBazaar among 3 breakout stocks in midcaps

Amol Athawale of Kotak Securities flagged 'Ascending Triangle' and 'Symmetrical Triangle' breakouts on Meesho and PolicyBazaar weekly charts.

Block deal: Ather Energy shares jump 7% as Hero MotoCorp ups stake

Hero MotoCorp, the biggest shareholder in Bengaluru-based Ather Energy, held a 29.88 per cent stake as of August 25.

Tata group stock Tejas Networks zooms 13% on ₹1,537-cr order win from TCS

Tejas Networks' share price opened at ₹540.60 on the BSE today as against the last closing price of ₹510.85 apiece. Soon after it rallied to the intraday peak of ₹576.80.

Gold monetisation: Manappuram, MCX among Jefferies top stock picks

While gold has traditionally been a dormant store of value for Indian households, the current price upcycle is increasingly turning the asset into a source of liquidity through gold-backed loans.

Multibagger on listing! Tempsens Instruments shares debut at 111% premium

Tempsens Instruments shares listed at ₹634 on the NSE, a premium of 111.33 per cent against the offer price of ₹300.

NBFCs enter new phase of cyclical recovery; MOFSL sees room for re-rating

MOFSL highlighted that the current earnings recovery is fundamentally different from periods when earnings upgrades were driven primarily by lower-than-expected credit costs.

Stocks to watch: Wipro, Hero MotoCorp, HDFC Bank, Tata Motors PV & more

Stocks to watch today: IT services major HCLTech said it had collaborated with chemicals and biotechnology company Wacker Chemie to set up its global capability centre (GCC) in Pune.

Nifty, Bandhan Bank: HDFC Securities' Nandish Shah recommends bear spreads

Shah's derivative strategies point to downside risk, with the Nifty bear put spread offering a maximum profit of ₹10,270, while the Bandhan Bank spread offers ₹10,620 profit.

Multiple challenges ahead for Varun Beverages as it eyes alcobev market

The move opens a larger addressable market but analysts see state-level regulatory complexity, limited distribution synergies and weak near-term earnings contribution

Steel sector outlook strengthens as demand holds firm, input costs ease

Steelmakers expect strong domestic demand and volume recovery to support growth, while softer input costs and downstream investments could aid margins in H2FY27

Sensex sees sharpest late-session fall since closing auction rollout

Sensex's indicative price fell more than 2,000 points during the Closing Auction Session before recovering; traders blamed CAS, but Sebi ruled out changes

Sebi close to approving NSE public offer, says chairman Tuhin Kanta Pandey

Tuhin Kanta Pandey says Sebi is close to approving NSE's IPO documents; regulator is also working on rationalising settlement, margin and risk-management provisions

HDFC Bank shares fall as US lawsuit adds to leadership succession concerns

Shares decline around 2 per cent as a US securities fraud class-action lawsuit and uncertainty over MD & CEO Sashidhar Jagdishan's succession weigh on sentiment

Elevated short-term yields prompt PSUs to withdraw planned bond issues

REC withdraws its planned ₹3,000 crore two-year bond issue after PFC pulled a ₹2,500 crore three-year offering earlier this week as investors seek higher premiums

SAT grants Zee 1-day extension to complete preferential warrant issue

The tribunal said the subscription amount was deposited on time but credited to the account the next day, resulting in the warrants being issued a day beyond the deadline

These midcap banks trade up to 94% away from record highs; what charts say?

Midcap bank stocks - Yes Bank, IndusInd Bank and Bank of India are trading up to 50-94% away from their respective all-time highs even as the Nifty Midcap quotes at new peaks, shows data.

Stock Market Close: Sensex declines for 2nd day, ends 539 pts lower; Nifty settles at 24,091

Sensex Today | Stock Market Highlights,Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.1 per cent and 0.13 per cent down, respectively

Wonder Electricals tanks 30% from high on huge volume; Imagicaaworld up 20%

Wonder Electricals share price tanked 20% to ₹124.80, plunging 30% from its intra-day high of ₹179 on Thursday on the BSE amid massive volume.

FPIs pump in over Rs 27k cr in Aug; highest monthly flow since Sept 2024

Despite being net buyers for the past two months, FPIs are still net sellers in Indian equities thus far in 2026 with their net sales totalling Rs 2.27 trillion ($24.31 billion) in CY26, data shows.

Sterlite Technologies zooms 721% in 7 months; what's behind massive rally?

Sterlite Technologies (STL) share price was locked at the 5% upper circuit at ₹695.20 on the BSE in Thursday's intra-day deals in an otherwise weak market.