Page 3 - Markets News

Nifty Auto skids 2% on oil spike; analyst says long-term outlook firm

Tube Investments of India, Ashok Leyland were among the major laggards. Both counters fell over 3 per cent as the Brent price surged to $85 per barrel mark, adding pressure on auto stocks.

Nuvoco Vistas shares zoom 13% after strong Q1 results; buy, sell or hold?

Today's rally in Nuvoco Vistas Corporation was buoyed by the company's Q1 results, in which its consolidated profit rose 20 per cent Y-o-Y to ₹159.63 crore.

HCL Tech shares fall 3% despite Q1 beat; deal wins keep analysts upbeat

HCL Tech reported a 20.3 per cent increase in net profit for the first quarter to ₹4,624 crore on a year-on-year basis. Revenue for the quarter was up 13.9 per cent to ₹34,579 crore.

Power sector: Equirus starts coverage on JSW Energy, Torrent; NTPC top pick

Equirus Securities has assigned a target price of ₹653 for JSW Energy, implying an upside of 15 per cent. Similarly, Torrent Power received a target price of ₹1,515, suggesting over 5 per cent upside

Stock Market Close: Sensex settles 759 pts off day's low, Nifty ends at 24,211; IT shares shine

Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.01 per cent and 0.03 per cent higher, respectively

Fino Payments Bank zooms 13% on strong June business update

Fino Payments Bank share price jumped 13 per cent on Monday after the company announced its business performance for June.

Voltas jumps over 4% as company hikes AC prices with immediate effect

As per reports, Voltas has increased prices across the RAC portfolio by 2.5 per cent to 3 per cent.

RK Damani-backed DMart tanks 4% post Q1 show. Should you buy, sell or hold?

Radhakishan Damani-backed DMart had posted its June quarter earnings on Saturday, wherein it said its consolidated net profit rise 11.3 per cent to ₹860 crore.

IndiGo share price slips 3% on oil price spike; here's what analysts say

Notably, aviation turbine fuel (ATF) accounts for about 40 per cent of airline operating expenses, making airlines highly sensitive to crude prices.

Sensex sheds 712pts intraday, Nifty at 24k amid West Asia woes: Key reasons

Among the Nifty constituents, TCS, Infosys, and HCL Technologies emerged as the top gainers, while Grasim Industries and Tata Steel ended among the top losers.

Strong volumes, realisations lead to upgrades for Page Industries

Brokerages expect robust demand, premiumisation and price hikes to drive stronger volume growth and realisations for Page Industries in FY27, despite rich valuations

Why market gained today? Sensex soars 900 pts intraday, Nifty at 24,228

On the sectoral front, Nifty Realty ended the day as the top gainer, followed by Nifty PSU Banks. Both indices closed over 3 per cent higher.

Dixon-Vivo JV receives much-awaited nod; Nomura sees modest upside in stock

Dixon Technologies today was up 4 per cent intraday as the company secured government approval to set up its joint venture (JV) with Vivo Mobile India (VMI).

MRPL shares jump 9% as ONGC approves strategic oil reserve in Mangaluru

ONGC has approved an expansion of the country's strategic oil reserves, highlighting a push to strengthen energy resilience following the shock of the Iran war.

Apollo Micro jumps 5% on agreement to buy 41.3% stake in Premier Explosives

Apollo Micro shares gained 5 per cent after approval was granted to the company to acquire 41.3 per cent stake in Premier Explosives.

Vedanta Aluminium stock up 3%, Motilal Oswal initiates coverage with 'Buy'

Motilal Oswal Financial Services initiated coverage on Vedanta Aluminium with a 'Buy' rating and a target price of ₹540.

Investors cheer TCS Q1 results as stock jumps 4%; analysts bet on deal wins

TCS reported a 4.61 per cent Y-o-Y increase in its net profit to ₹13,349 crore for Q1 FY27. Its revenue jumped by 13.9 per cent Y-o-Y to ₹72,275 crore.

Stocks to Watch today: TCS, Maruti, JSW Steel, JK Tyre, Federal Bank & more

Stocks to watch today: TCS, Maruti Suzuki, JSW Steel, JK Tyre, Federal Bank, AU SFB, SAIL, Nalco, NLC India, Anand Rathi Wealth, JSW Steel, Cummins India, among others, will be in focus today

Indus Towers shares gain 3% after Nomura reiterates 'Buy'; sees 30% upside

Nomura has maintained a 'Buy' rating on Indus Towers. The brokerage has kept its target price unchanged at ₹505, implying an upside of 30 per cent from its previous close of ₹388.55.

Piramal Pharma shares rise 4% on successful closure of US FDA inspection

Piramal Pharma said that the US FDA has issued an Establishment Inspection Report (EIR) for its Sellersville facility, and the inspection has now been successfully closed.