Page 15 - Market Trends
Bajaj Auto gains 4% to hit 52-week high post Q4; dividend, buyback declared
Bajaj Auto has announced buyback of 4.69 million shares for ₹5,633 crore, at ₹12,000 each via tender offer route. Additionally, the company has recommended a dividend payout of ₹150 per share.
 "Bajaj Auto gains 4% to hit 52-week high post Q4; dividend, buyback declared")
Nifty Midcap Select index hits record high, rallies 13% in one month
The Nifty Midcap Select index hit a new high of 14,223.90, soaring 2% and surpassing its previous high of 14,118 touched on December 1, 2025.
 "Nifty Midcap Select index hits record high, rallies 13% in one month")
Nifty Pharma hits 52-wk high; Wockhardt up 15%, Laurus, Lupin at new peaks
The Nifty Pharma index was quoting higher for the fifth straight trading day, surging 3.8 per cent during the period, as against 0.37 per cent gain in Nifty 50.
 "Nifty Pharma hits 52-wk high; Wockhardt up 15%, Laurus, Lupin at new peaks")
Vedanta soars 17% in 3 days, hits new high post demerger; more upside left?
At 11:32 AM on Wednesday, Vedanta quoted 3 per cent higher at ₹312.65 on the BSE, as compared to a 0.26 per cent rise in the BSE Sensex.
 "Vedanta soars 17% in 3 days, hits new high post demerger; more upside left?")
Canara, PNB, BoB, Indian Bank gain up to 3%; what's driving PSU banks?
The Cabinet approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to provide additional credit support to businesses facing liquidity stress due to the West Asia situation.
 "Canara, PNB, BoB, Indian Bank gain up to 3%; what's driving PSU banks?")
These 3 stocks may underperform, 2 gain as auto, bank indices turn bearish
Death Cross alert: Technical analyst at Choice Broking expects Nifty Auto and Bank Nifty to underperform in the near-term as shorter-term moving average has slipped below the long-term 200-DMA.
 "These 3 stocks may underperform, 2 gain as auto, bank indices turn bearish")
L&T top loser among Sensex stocks, down 4% in firm market; here's why
Q4 execution was impacted by ₹5,000 crore revenue slippage due to supply chain disruptions in the Middle East and delays in water projects, indicating near-term execution headwinds.
 "L&T top loser among Sensex stocks, down 4% in firm market; here's why")
Railway wagon stocks in focus; Texmaco, Jupiter, Titagarh soar up to 13%
Titagarh Rail Systems soared 13 per cent to ₹870 in intraday on the back of a 10-fold jump in trading volumes. Texmaco Rail & Engineering surged 8 per cent, while Jupiter Wagons gained 7 per cent .
 "Railway wagon stocks in focus; Texmaco, Jupiter, Titagarh soar up to 13%")
Omax Autos, Dynacons Systems, HFCL zoom up to 104% since April
Omax Autos was locked at the 20% upper circuit at ₹186.90 backed by heavy volumes, and the stock has zoomed per cent in the past two trading days.
 "Omax Autos, Dynacons Systems, HFCL zoom up to 104% since April")
MFs share in NSE listed companies hits new high; FIIs at 14-year low: PRIME
The share of individual investors (retail and High Net Worth Individual (HNI) combined) in companies listed on the NSE declined to a 5-year low of 9.11 per cent as on March 31, 2026.
 "MFs share in NSE listed companies hits new high; FIIs at 14-year low: PRIME")
Defence stocks: HAL, GRSE, Apollo Micro gain up to 3% in weak market
The Nifty India Defence index hit an intra-day high of 9,093.20, up 1.3 per cent on the NSE in intra-day deals, and was inching towards its 52-week high of 9,159.55 touched on June 24, 2025.
 "Defence stocks: HAL, GRSE, Apollo Micro gain up to 3% in weak market")
Sunflag Iron & Steel zooms 29% in 2 days, hits record high; here's why
According to BSE bulk deal data, the investor Vallabh Roopchand Bhanshali purchased 2 million equity shares of Sunflag Iron & Steel for ₹60 crore.
Adani Group stocks in demand; Ports, Power hit new highs; Green surges 6%
Till 02:53 PM on Monday, as many as 52.52 million equity shares representing 2.3% of total equity of Adani Ports changed hands on the NSE and BSE.
 "Adani Group stocks in demand; Ports, Power hit new highs; Green surges 6%")
Ideaforge hits 20% upper circuit amid huge volumes on strong Q4 show
Shares of Ideaforge Technology locked were locked at the 20 per cent upper circuit, also its 52-week high, at ₹731.10 on the BSE in Monday's intra-day trade post March 2026 quarter results.
 "Ideaforge hits 20% upper circuit amid huge volumes on strong Q4 show")
BHEL zooms 13%, stock hits all-time high after 18 years; here's why
In the past one month, the market price of BHEL has appreciated by 62 per cent, as compared to 5 per cent rise in the BSE Sensex.
 "BHEL zooms 13%, stock hits all-time high after 18 years; here's why")
Laurus Labs rallies 6%, hits record high post Q4 results; brokerages upbeat
Laurus Labs is now getting the benefit of the same as the CDMO quarterly run rate has gone up from ₹220-250 crore to ₹450-500 crore in two years, believe analysts.
 "Laurus Labs rallies 6%, hits record high post Q4 results; brokerages upbeat")
Vodafone Idea surges 10% on huge volumes; Citi sees further 30% upside
Analysts at Citi Research has set a target price of ₹14 for Voda Idea stock, but flag limited AGR relief and intensified competition as key risks.
 "Vodafone Idea surges 10% on huge volumes; Citi sees further 30% upside")
Sun Pharma up 12% in 4 days, nears 52-week high; analysts see more upside?
Supported by the Sun Pharma's proven record of strong cash flows, analysts remain confident in gradual deleveraging over time.
 "Sun Pharma up 12% in 4 days, nears 52-week high; analysts see more upside?")
MTAR soars 12% in weak market, up 83% in April; what's driving the stock?
MTAR, as Bloom's key supplier of critical hot box assemblies (commanding 60-70 per cent wallet share), is not merely a beneficiary of this theme but an irreplaceable enabler of it, MOFSL said.
Vedanta stock trades ex-demerger, slips 7% from intra-day high
Vedanta remains firm on its deleveraging plans, and going forward, higher cash flows will support both its expansion plans and deleveraging efforts.
 "Vedanta stock trades ex-demerger, slips 7% from intra-day high")