Page 9 - Markets News

Pine Labs shares rally 13% on record volume; most active stock on NSE

Pine Labs made its Dalal Street listing in November 2025, with the issue getting subscribed 2.45 times. Its shares debuted with a premium of nearly 10 per cent at ₹242 versus the IPO price of ₹221

Shankesh Jewellers bucks market sell-off to zoom 18% as Q1 PAT doubles

Shankesh Jewellers delivered strong financial performance in Q1, with revenue growing 55 per cent Y-o-Y to ₹424 crore. Its PAT stood at ₹43, reflecting an increase of 100 per cent on a Y-o-Y basis.

Stocks to watch: Vi, OMCs, SBI, Texmaco Rail, PNB, HDFC Bank, YES Bank

Stocks to watch: Crude-linked shares, Vodafone Idea, SBI, Texmaco Rail, PNB, HDFC Bank, YES Bank, JSW Infra, Shankesh Jewellers, Gabriel India, among others, will be in focus today.

NSE IPO price band set at ₹1,700-1,785; bidding from September 17

NSE IPO price band: The National Stock Exchange (NSE) has set the price band at ₹1,700-1,785 per share for its much-awaited IPO.

Ice cream stocks scoop up 85% gains from 2026 lows; can RIL roil the party?

India's per-capita ice cream consumption stands at approximately 1 to 1.6 litres per year, well below global averages of 2.5 to more than 15 litres in Western markets.

Stock Market Close: Sensex snaps 3-day losing streak, gains 138 pts; Nifty at 23,478

Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty indicated that the Nifty50 may extend losses at open. Asian markets were trading lower

Indoco Remedies zooms 16% in trade after UKMHRA's Goa plant inspection

Just three days ago, Indoco Remedies received 7 observations from the USFDA, which inspected its manufacturing facility at Plant II (Sterile) in Goa from August 27 to September 4.

Faster EV adoption strengthens Ather Energy's stock outlook: Nomura

Nomura has maintained a bullish view on Ather Energy as it has maintained a 'Buy' rating and raised the target price to ₹1,926.

Shakti Pumps share price rallies 12% on ₹236-crore MSEDCL order win

Shakti Pumps has received an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) under Magel Tyala Saur Krushi Pump Yojana. The value of the order is ₹236 order

Redington shares zoom 6% to fresh high on iPhone Duo, 18 Pro series launch

Redington shares rallied to a new high after the launch of the iPhone 18 Pro series as the company is an official authorised distributor for Apple products in India.

Why Jefferies finds Vodafone Idea stock a high-beta turnaround play

Vodafone Idea share price target: Jefferies has initiated coverage of Vodafone Idea with a 'Buy' rating and set a target price of ₹20, implying a 30 per cent upside from the previous close of ₹15.51.

Stocks to watch: ICICI Pru AMC, Meesho, Wipro, Shakti Pumps, Hindustan Zinc

Stocks to watch: ICICI Pru AMC, Meesho, Wipro, Shakti Pumps, Hindustan Zinc, Sun Pharma, Bank of Baroda, Axis Bank, MCX, among others, will be in focus today.

Stock Market Close: Sensex falls for 3rd day, down 813 pts; Nifty at 23,432 as oil tops $100/bbl

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.51 per cent and 0.48 per cent lower, respectively.

Paytm rises 5% to 52-wk high on enterprise AI foray; up 90% from March low

Analyst said that today's buoyancy in Paytm stock was seen as the company expands to a new business, jumping on the agentic AI bandwagon to accelerate a rebound in revenue growth.

Manipal Payment IPO: Analysts say 'subscribe' for listing gains; GMP at 10%

Manipal Payment IPO review: Analysts have recommended a 'Subscribe' rating on the issue for listing gains. The current GMP stands at 10 per cent.

Chennai Petroleum, MRPL, Oil India rise up to 5% as crude price nears $100

Analyst said that the current rally in upstream oil and refining companies is primarily driven by elevated crude oil prices.

Biocon share price rises 3% after block deal, Pertuzumab deal in Brazil

According to data compiled by Bloomberg, around 16.6 million shares of Biocon changed hands on the BSE in a single pre-market block trade.

Stocks to watch: Sun Pharma, Suzlon Energy, OMCs, Biocon, IHCL, Tata Power

Stocks to watch: Sun Pharma, Suzlon Energy, OMCs, Biocon, IHCL, Tata Power, TCS, Jio Financial Services, HCL Technologies, Emami Ltd, Bajaj Finance, among others, will be in focus today.

Groww in sweet spot as Jefferies sees ample headroom in India's MTF book

Jefferies said that MTF will become a significantly larger contributor to Groww's revenue in the coming years. Its share in revenue is projected to rise to 14 per cent by FY29E from 5 per cent in FY26

GE Vernova climbs 9% after emerging as L1 bidder for Power Grid project

Emkay Global has retained its 'Buy' rating on GE Vernova T&D India and maintained a target price of ₹5,300. The target implies an upside of 21 per cent from the previous close of ₹4,367.20.