Market News

Here's why Kotak Neo recommends 'Buy' rating on ICICI Bank; 'Add' Nykaa

Nykaa offers an attractive combination of category leadership, strong execution, multiple growth levers, and improving profitability, says Shrikant Chouhan, Head of Equity Research at Kotak Neo.

Muted asset quality outlook likely to weigh on Shriram Finance stock

Shriram Finance shares may remain under pressure as rising credit costs, monsoon-related stress and a weaker asset quality outlook offset strong Q2 earnings and NII growth.

Stock markets rebound after 4-day slump; Sensex jumps 483 points

Sensex gained 483 points to close at 73,606.75, while Nifty rose 153 points to 22,753.20, ending a four-day losing streak as metal, telecom and healthcare stocks rallied.

Jio IPO falls short of record payday for bankers despite mega issue

Jio Platforms is paying 19 banks about ₹196 crore in fees for its $3.1 billion IPO, just 0.65% of the issue size, as fierce competition squeezes investment banking earnings.

Execution key as Godrej Properties lines up ₹32K cr worth of projects in H2

With projects worth ₹32,000 crore lined up for launch in H2 FY27, Godrej Properties is banking on timely execution and strong sustenance sales to meet its full-year bookings target.

Choice Broking positive on Chennai Petro, ASK Automotive; here's why

Stocks Ideas: Chennai Petro is showing signs of recovery after recent volatility, with the share price sustaining above its 50-EMA, says Sachin Gupta of Choice Broking.

Street signs: Suitability check for F&O trading, migration rethink & more

Stockbrokers weigh stricter F&O suitability checks, a commodity exchange reviews its data centre migration plan, and Jio Platforms' grey market premium stands at 22% ahead of listing.

Input cost inflation, Lloyd's losses likely to weigh on Havells India

Havells reported strong Q2FY27 revenue growth, but rising commodity costs and Lloyd's losses squeezed margins, prompting analysts to remain cautious on earnings recovery

Tumultuous week: Midcaps and smallcaps suffer worst losses in 20 months

Midcap and smallcap stocks posted their worst weekly losses in 20 months, falling 5.6% and 7.3%, respectively, as rising crude prices and geopolitical tensions rattled markets.

Higher advertising spends, rising competition to weigh on Colgate margins

Colgate's Q2 revenue rose 12.2 per cent, but higher advertising expenses and growing competition squeezed operating margins, prompting brokerages to cut earnings estimates

Shree Cement rebounds, gains over 5% from day's low post Q2 results

Shree Cement on Friday reported a 15.2% YoY drop in Q2 consolidated net profit at ₹263 crore, while its revenue from operations grew by 23.9% YoY to ₹5,897 crore.

Eternal eyes faster Blinkit expansion as margins and order values grow

Eternal plans to accelerate Blinkit's store rollout to 3,500 outlets by FY27-end, backed by strong order growth, while stable food delivery margins and AI bets shape its outlook.

Amid ₹48,000 crore FPI retreat, technology stocks are lone bright spot

Only five sectors attract fresh money; IT leads with ₹2,599 crore

SFC Environmental Technologies IPO opens Oct 27, price band at ₹313-330

Wastewater treatment solution provider SFC Environmental Technologies Ltd on Wednesday announced that its Rs 668 crore initial public offering (IPO) will open for subscription on October 27. It has fixed a price band of Rs 313-330 per share for the public issue, valuing the company at around Rs 3,233 crore at the top end of the price band. The IPO comprises a fresh issue of equity shares worth Rs 150 crore and an offer-for-sale (OFS) of up to 1.57 crore shares by promoters and existing shareholders, according to a public announcement. Proceeds from the fresh issue will be used for debt repayment and working capital requirements. The public issue will close on October 29 and anchor investor bidding will take place on October 26. The company's equity shares are proposed to be listed on BSE and NSE on November 3. Incorporated in 2005, the Mumbai-based company provides wastewater treatment solutions using proprietary technologies, including C-Tech, an advanced technology for treating

Consumer durables demand mixed; prefer LG, Polycab India: Motilal Oswal

After a slow start during Ganesh Chaturthi, demand picked up in Navratri, with consumer durables sales growing 25-30% YoY, notes Motilal Oswal Wealth Management Research Desk.

West Asia exposure may impact IT major LTM's near-term performance

LTM's Middle East exposure weighed on Q2FY27 revenue growth, while rising AI-led deals and improving BFSI demand offer prospects for recovery despite margin and forex pressures.

Private lenders weigh on equity markets as PSU banks buck the selloff

Bank earnings disappoint, IT stocks retreat; PSU banks emerge as lone sectoral gainers

SBI MF leans on brand, parent bank network to deepen B-30 penetration

Plans to add more branches as it looks to expand investor pool, says new CBO

Sensex tanks 1020 pts intraday: Bank stocks, FPI selling among key factors

Stock market crash: The Indian benchmark indices, Sensex and Nifty, snapped their two-day gaining streak and declined 1 per cent today.

Karur Vysya Bank hits new lifetime high, up 8% in two days post Q2 results

Karur Vysya Bank's share price hit a record high of ₹375 in Monday's trading session on the NSE. Equirus Securities and Elara Capital pegged upside targets of ₹400 and ₹415, respectively.