Page 2 - Market Trends
Aurobindo up 4%; stock hits 52-week high, outperforms in 2026; here's why
Aurobindo Pharma to evaluate and consider a proposal for the buyback company's fully paid-up equity shares in its board meet on April 6.
 "Aurobindo up 4%; stock hits 52-week high, outperforms in 2026; here's why")
Nifty outlook FY27: Analysts see 23% upside to 27,500 amid volatility
Muthuselvaraj, technical analyst at Mirae Asset Sharekhan believes that the overall chart structure for Nifty remains bullish as long as the index holds above 21,750 levels.
 "Nifty outlook FY27: Analysts see 23% upside to 27,500 amid volatility")
Tata Motors, Ashok Leyland slip up to 9%; what's making Street nervous?
The ongoing West Asia conflict also poses near-term risks to the CV demand cycle led by potential domestic disruptions, fear analysts.
 "Tata Motors, Ashok Leyland slip up to 9%; what's making Street nervous?")
ONGC, Oil India up 2% in weak market; stocks rally up to 11% in 2 weeks
The Government of India has not announced any windfall tax on domestic crude realisations; this is a key positive for ONGC and Oil India, believe analysts.
 "ONGC, Oil India up 2% in weak market; stocks rally up to 11% in 2 weeks")
Nifty Bank slips 2.6%; HDFC Bank, ICICI Bank hit 52-week lows; here's why
Nifty Bank index has corrected 16 per cent since the start of the West Asia war on February 28, 2026
 "Nifty Bank slips 2.6%; HDFC Bank, ICICI Bank hit 52-week lows; here's why")
TCS gains 2% in weak market; stock among ICICI Securities top IT picks
In the past year, TCS's share price has plunged by 34 per cent, compared to a 4.6 per cent fall in the BSE Sensex.
 "TCS gains 2% in weak market; stock among ICICI Securities top IT picks")
Hindustan Aeronautics hits 52-week low; defence stock slips 10% in 6 days
Thus far in the calendar year 2026, HAL has underperformed the market, by falling 18 per cent, as against 13 per cent decline in the BSE Sensex.
 "Hindustan Aeronautics hits 52-week low; defence stock slips 10% in 6 days")
ONGC gains 3% in weak market; outperforms thus far in CY2026
Thus far in the calendar year 2026, ONGC stock has outperformed the market by soaring 15 per cent, as against 12.8 per cent decline in the BSE Sensex.
₹1.5 trn hit to exchequer as govt cuts petrol, diesel excise: Deven Choksey
Deven Choksey believes the excise cut may bring some respite to OMCs amid high energy prices, while create a ₹1.5 trillion dent to the exchequer per year.
 "₹1.5 trn hit to exchequer as govt cuts petrol, diesel excise: Deven Choksey")
HEG, Graphite India gain upto 14% in weak market; what's driving GE stocks?
Graftech, an US-based industry leader in graphite electrode domain, increased graphite electrode prices by $600-$1,200 per metric ton.
 "HEG, Graphite India gain upto 14% in weak market; what's driving GE stocks?")
IPL impact: RPSG Ventures up 20%; Sun TV, United Spirits retreat from highs
A key trend in RCB, Rajasthan Royals deals is the shift from individual ownership to institutional and consortium-based ownership and IPL evolution as a global sports asset class.
 "IPL impact: RPSG Ventures up 20%; Sun TV, United Spirits retreat from highs")
Sugar stocks surge: Balrampur Chini, Triveni Engg soar up to 8%; here's why
Triveni Engineering & Industries surged 8 per cent to ₹401, while Balrampur Chini Mills soared 7 per cent to ₹512.10 on the BSE in Wednesday's intra-day deals.
 "Sugar stocks surge: Balrampur Chini, Triveni Engg soar up to 8%; here's why")
Cement shares: UltraTech, Shree Cement, JK Lakshmi, Nuvoco gain up to 5%
Despite the two-day rally, in the past one month, cement companies stocks have underperformed the market by falling up to 17%, as against 8% fall in the BSE Sensex.
 "Cement shares: UltraTech, Shree Cement, JK Lakshmi, Nuvoco gain up to 5%")
Axis Bank, Voda Idea: 28 Nifty 500 stocks reclaim 200-DMA today; full list
Among others Dr. Reddy's, Apollo Hospitals, M&M Finance, Muthoot Finance, Tata Power, Balrampur Chini and Sammaan Capital soared up to 20% from recent lows to cross the long-term average, shows data.
 "Axis Bank, Voda Idea: 28 Nifty 500 stocks reclaim 200-DMA today; full list")
Aurobindo gains 3%, stock hits 52-week high; JM Financial sees more upside
In the past one month, Aurobindo has outperformed the market by surging 9 per cent, as compared to 8.5 per cent decline in the BSE Sensex.
Sammaan Capital soars 12% on huge volumes; why NBFC stock in focus?
The NBFC received RBI approval for the proposed investment by Avenir Investment RSC Ltd, under which the investor will subscribe to Sammaan Capital's equity shares through a preferential issue.
 "Sammaan Capital soars 12% on huge volumes; why NBFC stock in focus?")
Nifty RSI shows positive divergence; what it means? Analysts see 4% upside
A positive RSI divergence, in general, is considered a bullish technical signal. Tech analysts expect Nifty to target 23,800 levels on the upside.
 "Nifty RSI shows positive divergence; what it means? Analysts see 4% upside")
L&T soars 6%, records sharpest intra-day rally since October 2024
In the month of March, the stock price of L&T tanked 22 per cent from a level of ₹4,280 to ₹3,341.90 as of yesterday.
 "L&T soars 6%, records sharpest intra-day rally since October 2024")
Fino Payments Bank tanks 19%, stock hits record low
In the past seven trading days, the market price of Fino Payments Bank was down 33 per cent despite the bank denied any involvement in betting or gaming activities.
 "Fino Payments Bank tanks 19%, stock hits record low")
NOCIL soars 12%; Arvind Mafatlal Group stock rallies 28% in 3 days
A combined 60.9 million equity shares representing 36.5 per cent of total equity of NOCIL changed hands on the NSE and BSE till 11:25 AM on Tuesday.
 "NOCIL soars 12%; Arvind Mafatlal Group stock rallies 28% in 3 days")