Page 2 - Markets News

Oil on a boil: OMCs, IndiGo & other crude-sensitive stocks sink up to 5%

Oil prices climbed sharply on Thursday due to rising attacks on vessels in the West Asia and hurricane-related production shutdowns in the US, reviving fears of severe supply disruptions.

Fino Payments Bank share price rallies 17% after Q2 business update

Fino Payments Bank said that the loan referral disbursals rose by 223 per cent to ₹278 crore in the September quarter.

ITC sees 2.9% of equity change hands in single large trade; stock slumps 3%

According to Bloomberg data, 366.7 million shares, representing 2.93 per cent of the company's equity, changed hands in a single large trade.

Vishal Nirmiti shares make weak debut, list at 2% discount to IPO price

Vishal Nirmiti shares listed at ₹215 on both the BSE and NSE, at a discount of ₹5, or 2.27 per cent, to the IPO issue price of ₹220.

Senco Gold jumps 8% on Q2 biz update; achieves highest-ever topline in H1

Senco Gold said that Q2 revenue growth accelerated to 29 per cent Y-o-Y at retail level, supported by 19 per cent growth from existing stores (SSSG growth).

Banks vs NBFCs: Where to invest after RBI rate hike? Analysts answer

Jefferies has named ICICI Bank, State Bank of India (SBI) and Axis Bank as its top picks among large-cap banks post RBI MPC outcome.

Capital market stocks add ₹1.2 trn YTD as D-St rout fails to cloud appeal

Nifty Capital Markets, a 17-stock index constituting brokers, asset managers, and market infrastructure plays, has rallied 13 per cent YTD.

Electric PV sales nearly double in September; e-two-wheeler sales rise 89%

EV penetration in passenger vehicles rises to 8.5 per cent as electric two-wheeler sales climb 88.7 per cent and established manufacturers capture more market growth.

Stock Market Close: Sensex falls 429 pts, Nifty ends at 22,603 as RBI hikes rate amid price pressure

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap 100 fell 0.63 per cent and the Nifty SmallCap 100 rose 0.30 per cent

Newly-listed Arcil hits 10% upper circuit as Q1 profit more than doubles

Arcil shares debuted on the bourses on September 17, listing at par with the issue price of ₹139 on both the BSE and NSE.

Rate hike not to significantly impact earnings or growth: Ambareesh Baliga

Ambareesh Baliga said he does not see a rate-easing cycle even if the West Asia situation is resolved. However, if the situation remains unresolved, he expects further rate hikes by the central bank.

Bond yields rise to 7.27%, rupee declines as RBI hikes rates by 25 bps

The yield on India's 10-year bonds jumped 5 basis points to 7.27 per cent after the decision and was up 8 bps compared to Tuesday's close of 7.19 per cent, according to data on Bloomberg.

Chennai Petroleum, MRPL shares defy market weakness, gain up to 6%

Analysts said that upstream players and standalone refiners will outperform in the second quarter on firm crude realisations and strong transport fuel cracks.

Kalyan Jewellers shares shine on Q2 business update, rise over 3%

Kalyan posted a consolidated revenue growth of over 26 per cent year-on-year (YoY), led by robust operating momentum on the ground with healthy same-store-sales growth.

Mahindra Lifespace jumps 2% on launch of new residential project in Pune

Mahindra Lifespace Developers rose 2% in Wednesday's trade after the company announced the launch of a residential project in Pune with Gross Development Value worth ₹3,500 crore.

Stock Market Close: Sensex rises 685 pts, Nifty ends at 22,776 ahead of RBI MPC meet outcome

Sensex Today | Stock Market LIVE Updates Tuesday: The GIFT Nifty indicated a positive open for the Nifty50. Most Asian markets advanced on support from technology shares

One Mobikwik shares hit 20% upper circuit amid multiple block deals

So far this year, Mobikwik shares have rallied 5 per cent, while they have risen 41 per cent in six months.

Newly-listed Steamhouse India hits 10% upper circuit after Q1 results

Steamhouse India, established in 2014, is engaged in the generation and distribution of industrial steam through community boilers and pipeline networks.

Airfare strength to offset fuel cost in Q2; IndiGo PAT may rise 176%: Elara

Elara has retained its positive stance on IndiGo in the medium to long term, saying India's aviation demand cycle remains intact and competitive supply remains constrained.

Tilaknagar Inds: HDFC Sec keeps 'buy', bets on Imperial Blue's growth story

According to HDFC Securities, ground checks indicate that Tilaknagar Industries is effectively addressing state-specific requirements to strengthen the Imperial Blue franchise.