Markets News

ASK Automotive: HDFC Sec initiates coverage with 'Add'; sees 19% upside

HDFC Securities has initiated coverage on ASK Automotive with 'Add' rating, saying long-term potential will beat near-term volatility. The brokerage said that it sees an upside of 19 per cent

'Investors should remain selective, deploy funds in a staggered manner'

Utsav Verma of Choice Institutional Equities said that long-term investors should deploy funds in a staggered manner in sectors with stronger earnings visibility

BSE share price up more than 10% in March so far; what's driving the rally?

BSE share price: Sunny Agrawal of SBI Securities said that BSE's options premium turnover has jumped consistently over the last few months despite the regulatory interventions

IT stocks: ICICI Sec upgrades Coforge, Mphasis to 'Buy'; check rationale

IT stocks to buy: ICICI Securities has upgraded Coforge to 'BUY' from 'Hold'; Mphasis to 'Buy' from 'Add', based on their attractive valuation and healthy revenue growth visibility

Redington share price falls 5% as West Asia crisis disrupts operations

Redington share price today: Redington shares are under pressure after the company said that its step-down subsidiary, Redington Gulf FZE, is operating in a restricted manner in the Gulf region

Stock to buy: KFin Tech gets rating upgrade from ICICI Sec for 17% upside

Stock to buy today: ICICI Securities has upgraded its rating on KFin Technologies to 'Buy' from 'Add'. The brokerage has set a target price of ₹1,050

London Metal Exchange halts electronic trading across metals markets

Prices were mixed before the outage, with copper up 0.6 per cent and aluminum down 1.3 per cent

Multi, flexicaps best for SIP amid West Asia crisis, say analysts

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

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

Smallcap stock to buy: Angel One picks Himadri Speciality for 25% upside

Stock to buy: Himadri Speciality Chemicals is a constituent of the Nifty Smallcap 100 index. Brokerage firm Angel One has intitiated 'Buy' coverage for an upside of 25 per cent

Iran war: Auto earnings at risk as demand sputters, margin worries mount

Rising input costs, export risks to the Middle East and fears of gas supply disruptions weigh on Indian auto stocks amid the escalating Iran conflict

Why are IFCI shares rising in today's weak market?

IFCI share price today: IFCI shares zoomed as much as 11 per cent in trade today after the NSE appointed a record 20 merchant bankers for its long-awaited IPO

Vodafone Idea shares may rally 25%, says HDFC Sec; recommends buy the dip

Vodafone Idea share price target: HDFC Securities has recommended 'Buy' and add on dips on Vi stock in the band of ₹8 to ₹9, with a fair value (target price) of ₹12

Markets crash yet again: Why are Sensex, Nifty falling today? Key reasons

Stock market crash today: With today's sharp decline, the BSE Sensex has lost more than 2,300 points, while the NSE Nifty has dipped over 700 points

Tata stock to buy: Axis picks Voltas on early summer, AC price hikes

Tata stock to buy: Axis Direct believes that Voltas can outperform the industry with a positive trend in the market share. It has recommended a 'Buy' rating on the stock

Petrochemical units, power plants to face brunt of gas allocation

With LNG flows from Qatar disrupted by the Strait of Hormuz closure, the government prioritises household gas and transport fuel while industry braces for supply cuts and higher costs

IT stock: Happiest Minds shares zoom nearly 30% in two days; here's why

Happiest Minds share price: The strong buying interest emerged after the Bengaluru-headquartered firm revised its revenue growth expectation for FY27 to 12.5%, up from its earlier estimate of 10%

SAIL an attractive risk-reward play, says ICICI Direct; sees 33% upside

SAIL share price target: ICICI Direct said that SAIL trades at a lucrative valuation vs peers with a healthy balance sheet. The brokerage has assigned 'Buy' call for a target of ₹200

AU SFB: Motial Oswal sees up to 34% upside on universal bank transition

Motilal Oswal expects AU Small Finance Bank shares to rally to ₹1,250, implying an upside of around 34 per cent from current levels

Adani Power, Cochin Shipyard and 4 other stocks to join NSE's F&O segment

The six stocks that will join the F&O segment include Adani Power, Cochin Shipyard, Hyundai Motor India, Motilal Oswal Financial Services, Nippon Life India Asset Management, and Vishal Mega Mart