Page 3 - Markets News

Nifty IT extends winning streak to 3rd day, up 3%; TCS, Infosys lead gains

In the past three sessions, the Nifty IT index has climbed as much as 6 per cent, while the Nifty index has declined 2.50 per cent.

Motilal Oswal sector of the week: AMC; here's why ICICI AMC is top pick

ICICI Prudential AMC remains well-positioned to benefit from rising retail participation, strong SIP traction and expanding market share across equity, hybrid and passive segments.

Stocks to buy today: LT Foods, Torrent Power, Persistent Systems

Anand James of Geojit Investments has recommended three stocks to buy today - LT Foods, Torrent Power, and Persistent Systems.

Trading ideas: Analyst bets on TVS Motor, Star Health; check targets

Shrikant Chouhan, head of equity research, Kotak Securities, has recommended two stocks today - TVS Motor and Star Health and Allied Insurance.

Sebi mulls allowing InvITs to add road expenses back into NDCF calculation

Market regulator Sebi on Monday proposed allowing InvITs to add payments made for major maintenance of road projects back into Net Distributable Cash Flow (NDCF) computation, capped at the amount funded by external debt. This mechanism should apply only to the 'Roads and Bridges' sector and requires strict unitholder approval. The proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) regarding the treatment of debt availed by InvITs for incurring major maintenance expenses of road projects while calculating the NDCF. The industry association highlighted that although major maintenance (MM) expenses extend the road's life and enhance its quality, they cannot be capitalised under generally accepted accounting principles because they do not generate future economic benefits, such as extended concession periods or increased toll revenue. Since InvITs (infrastructure investment trusts) holding road projects

ZEEL shares jump 6% on securing broadcast rights for FIFA World Cup 2026

Zee Entertainment Enterprises Ltd. (ZEEL) has secured media rights for a slate of FIFA matches in India over the next eight years.

Cummins India: Citi bets on data centre tailwinds; sees 14% upside

Post Q4 results, Citi Research has reiterated its 'Buy' rating on Cummins India and raised target price to ₹6,700 from ₹5,200. The target implies an upside of 14% from the previous close of ₹5,881.

Tilaknagar Industries share price falls 7% as company swings to loss in Q4

Tilaknagar Industries has reported a net loss of ₹14.91 crore in Q4FY27 versus a net profit of ₹77.35 crore in the same quarter a year ago.

NMDC Steel zooms 18%, hits 52-week high on posting strong Q4 results

In the March quarter, NMDC Steel reported a consolidated net profit year-on-year (Y-o-Y) of ₹391.91 crore, as compared to a net loss of ₹473.39 crore

Asian Paints rises 4% after Q4; brokerages upbeat on demand, margin outlook

Asian Paints reported a 69.15 per cent Y-o-Y increase in consolidated net profit at ₹1,185.49 crore for March 2026 quarter. Its revenue grew by 10.79 per cent to ₹9,228.46 crore.

Inox Wind slips 9% on posting weak Q4 results; brokerages cut target

In the March quarter, Inox Wind reported a 44.4 per cent fall in consolidated net profit year-on-year (Y-o-Y) to ₹105.68 crore, as compared to ₹190.34 crore

Coffee Day Enterprises up for 5th day, hits 20% upper circuit; here's why

Shivakumar has family connections with CCD through his eldest daughter, Aisshwarya, who is the wife of Amartya Hegde. Amartya Hegde is the son of the late VG Siddhartha, who founded CCD in 1996.

Delta Corp share price tanks 18% today; what's behind the selloff?

Delta Corp share price:Today's selling pressure in Delta Corp was triggered after the Supreme Court ruled in favour of the government's retrospective levy of 28% GST on online gaming companies.

Nifty IT jumps 2.5%; why are Infosys, Wipro, TCS, Coforge up today?

Today's sharp outperformance in the IT sector was driven by overnight rally in tech stocks on the Wall Street and company-speciific developments back home.

GMR Airports gains 6% after Q4 turnaround; JM Fin keeps buy for 17% upside

GMR Airports share price today: In Q4FY26, the company reported a net profit of ₹400.49 crore versus a loss of ₹252.66 crore incurred in the year-ago period.

Strong fundamentals drive hospital stocks rally in 2026; check top picks

Analysts say that the market is rewarding hospital companies not merely as defensive plays, but as scalable consumption businesses with strong pricing power, rising cash flows & long growth visibility

Multibagger stock: HFCL hits 52-wk high, jumps 9% on ₹135-cr RailTel order

Today's buying interest in HFCL was buoyed by an announcement wherein the company has received a purchase order worth ₹135.09 crore from RailTel Corporation.

Finolex Industries soars 12% post Q4; profit jumps 59%, dividend announced

Finolex Industries has reported a 59 per cent Y-o-Y increase in its Q4FY26 consolidated net profit to ₹261 crore. The company had earned a net profit of ₹164.58 crore in the Q4 of FY2025.

Coal India falls 6% as ₹5,000-cr OFS opens; floor price set at 10% discount

Under the OFS, the government is offloading up to 2 per cent stake or about 12.32 crore shares in Coal India at a floor price of ₹412 apiece.

Astra Microwave Products climbs 11% on strong Q4 show; dividend declared

For the Q4FY26, Astra Microwave Products reported a consolidated net profit of ₹106 crore, up 44 per cent on Y-o-Y basis. The company also recommended a dividend of ₹2.40 per equity share.