Page 8 - Market Trends

Volume shockers: IFCI, Chamanlal Sethia, Authum Investment surge up to 20%

IFCI's share price hit a 22-month high at ₹84.63, soaring 20 per cent on the BSE in Friday's intra-day trade.

Sedemac Mechatronics hits new high; up 117% from IPO issue price in 3 mths

Share price of Sedemac Mechatronics hit a new high of ₹2,938.60, as they soared 12 per cent on the BSE in Friday's intra-day trade.

Banking shares in demand; HDFC Bank, BoB, Union Bank gain up to 3%

In the past one week, the Nifty Bank outperformed the market by gaining nearly 3%, as against 0.05% decline in the Nifty 50.

Nifty Auto index jumps 2%; Ashok Leyland, Bosch surge up to 4%; here's why

However, in the past one month, the Nifty Auto index underperformed the market and fell 3.6 per cent, as against 2.7 per cent decline in the Nifty 50 as of June 11, 2026.

Defence index slips 2%; Paras, Apollo Micro, Data Patterns down up to 4%

Despite a 3.6% dip in the past two trading days, the Nifty India Defence index has outperformed the market soaring 22% since April 2026.

Volume buzzers: Unichem, Aegis Logistics soar up to 17%; ICICI Bank adds 3%

Unichem Laboratories, Aegis Logistics and ICICI Bank were among the volume toppers on the BSE and NSE on Thursday.

Insurance stocks: HDFC Life, ICICI Prudential Life, SBI Life hit 52-wk lows

In the past one month, ICICI Prudential Life (down 18%), HDFC Life (down 12%) and SBI Life (down 9%) underperformed the Sensex, which was down 2.6% during the same period.

Analysts project up to 17% upside in healthcare stocks trading at new highs

Apollo Hospitals, Aster DM Healthcare, Sai Life Sciences have rallied up to 27% thus far in FY27; technical analysts remain bullish on these stocks given the favourable chart set-up.

Wipro share buyback opens Thursday; stock hits 6-yr low, down 14% in 1 week

Wipro's near-term revenue trajectory remains challenged with Q1FY27 guidance of -2 per cent to 0 per cent CC QoQ, amid multiple headwinds, say analysts at Mirae Asset Sharekhan.

Oil India tanks 11% on heavy volumes; stock hits 4-month low

The average trading volumes at the Oil India counter jumped over five-fold, with a combined 13.46 million equity shares changing hands on the NSE and BSE in Wednesday's intra-day trade.

Himadri Speciality up 51% in 2 months; hits new high; what's driving stock?

Over the next 12 to 24 months, the company will be progressively enhance it's capacity utilization, supported by robust pipeline of new product launches across sectors, said the management.

Muthoot Finance slips 4%, at 9-month low; what's making Street nervous?

Muthoot Finance share price hit an intra-day low of ₹2,870.45 and has corrected 31 per cent from its 52-week high of ₹4,149 touched on January 29, 2026.

Analysts stay bullish on IndiGo stock as the FY30 vision takes shape

IndiGo, in its recently held analyst meet, reiterated its ambition to raise international capacity share to around 40 per cent by FY30 from the current 30 per cent, according to a note by Elara.

Data Patterns, Paras Defence soar 9%; zoom up to 111% from 2026 lows

Data Patterns believes the defence industry is entering a multi-decade investment cycle driven by rising geopolitical uncertainties, accelerated modernization programs and focus on self-reliance.

Auto ancillary stocks: Sedemac, Studds Accessories zoom up to 17%

Share price of Sedemac Mechatronics hit an all-time high of ₹2,650, soaring 96 per cent higher against its issue price of ₹1,352.

Panacea Biotec zooms 60% in 6 days; stock hits new high on huge volumes

In the past two months, the stock price of Panacea Biotec has skyrocketed 101 per cent.

Cemindia Projects zooms 116% in 3 months; what's driving Adani Group stock?

In the past 11 trading days, the stock price of Cemindia Projects has surged 37 per cent. In the past three months, the counter has yielded a multibagger return of 116 per cent.

Nifty Outlook: Should you sell on rise or buy dips? Here's what experts say

Technical analysts caution that the short-term trend for Nifty remains weak, and the index could extend the fall toward 22,800-22,700 levels in the coming sessions.

Reliance Industries hits 52-week low, stock down 12% in one month

RIL was quoting lower for the ninth straight day, falling 7 per cent during the period after the company expressed caution over FY27 earnings prospects.

CCL Products surges 8% in weak market; should you buy, hold or sell?

CCL Products is likely to deliver robust volume growth over the next 3-4 years, led by aggressive capacity ramp-up, believe analysts at Axis Direct.