Markets

Stock market close: Fag-end buying lifts Sensex 939pts, Nifty tops 23,300; auto, banks lead recovery

Sensex Today | Stock Market Highlights, Monday: Broader markets underperformed. The Nifty MidCap and the Nifty SmallCap indices ended 0.43 per cent and 0.65 per cent down, respectively

Market crash: Multi, flexi cap funds best for SIPs amid West Asia crisis

Experts suggest that investors may consider initiating SIPs in diversified equity schemes such as multi-cap or flexi-cap funds amid market downtrend

Iran war pushes oil above $100; $110 crude may force fuel price hike: Elara

Crude oil above $110 could become a "breaking point" for India, forcing fuel price hikes and pressuring government finances, says Elara Capital. Notably, oil prices hit $106 per barrel on Monday

ITI share price surges over 15% in volatile trade amid heavy volumes

The northward movement in the state-owned company's share price is aided by heavy trading volumes

Analysts remain bullish on Polycab despite near-term pressure; here's why

Polycab India is facing export disruptions from the Middle East, the highest contributor to its export portfolio, low volume growth, margin pressure and high input costs.

GIFT City sees first IPO as XED invites bids for its maiden offering

The public issue is being offered at a price band of $10-$10.5 per share, in a fully dollar-denominated offering, and is accessible to eligible global investors

Poonawalla Fincorp gains as Motilal Oswal sees 37% upside; stock up 3%

Motilal Oswal retained its target price of ₹560 for Poonawalla Fincorp, implying an upside potential of about 37 per cent from Friday's close

Seamec shares jump 7% on ₹410 crore vessel O&M order from ONGC

The contract has been awarded to a consortium of Seamec and Supreme Hydro Private Ltd. for the hiring of operation and maintenance services for the vessel for the 2026-2028 period

Inventurus Knowledge rises 3% as board clears $40 mn investment in US arm

The buying on the counter came after the company's board approved approved a further investment of up to $40 million in Inventurus Knowledge Solutions, Inc. (IKS Inc.)

Voltas shares drop on flagging GST inspection by Mumbai tax authorities

Shares of Voltas are in focus after the company said the Assistant Commissioner of State Tax, Investigation A, Mumbai, has initiated inspection proceedings at its office premises

Central Mine Planning IPO opens Mar 20: Check price band, size, dates, GMP

Central Mine Planning has set the price band for its maiden public issue in the range of ₹163 to ₹172 per share, with a lot size of 80 shares

IndiGo gains 2% as airline restores West Asia flights, adds fuel charge

The parent of IndiGo said it will operate 252 weekly flights to and from the West Asia between March 16 and March 28, 2026

Antique retains buy on Yatra; Middle East impact temporary, sees 87% upside

Factoring in the Middle East conflict-related disruption, Antique trimmed its FY26-FY28 earnings estimates for Yatra Online by 4 per cent each and reduced its valuation multiple to 27x from 32x

West Asia war may push cement prices higher; Nomura, Emkay pick top stocks

West Asia tensions may raise fuel and packaging costs for cement firms. Analysts see near-term margin pressure but suggest accumulating large-cap cement stocks.

Bajel Projects shares soar 13% on ₹700 crore EPC contract win from MSETCL

The contract involves the establishment of a 400/220 kilovolt air insulated switchgear (AIS) substation at Saswad in Pune district along with associated transmission lines

Here's why Tejas Networks share price rose 9% in trade on March 16

Tejas Networks share: The uptick in Tejas Networks' stock follows its announcement of a purchase order to supply 4G RAN (Radio Access Network) solutions for a mobile network in South Asia

IDBI Bank shares tumble 14% on reports of stake sale cancellation

IDBI Bank share price today: The sell-off comes amid reports that the government could scrap the divestment plan after bids fell short of the reserve price

Antique upgrades GAIL; sees upside in upstream, OMCs amid West Asia war

Antique upgraded GAIL (India) Ltd. to 'Buy' from 'Hold', citing the sharp correction in the stock price despite a relatively limited impact on its target price

Choice retains 'Buy' on Sirca Paints India, sees 52% upside; here's why

Choice highlighted that the company will continue to focus on the premium wood coatings segment, where demand is largely driven by architects and premium contractors

Trent: Once a D-St darling, now testing investor patience; what lies ahead?

After a spectacular rally that multiplied investor wealth nearly tenfold between April 2021 and October 2024, Trent shares have been on a persistent decline