Page 12 - Markets

NSE IPO fully subscribed on day 2, led by QIBs and NIIs; GMP at 6%

The NSE opened for subscription on Thursday and will remain open till Monday, September 21. The exchange has set a price band of ₹1,700-1,785 per share.

Adani Energy gains 4% as Jefferies bullish on transmission, smart meters

Jefferies expects Adani Energy Solutions to deliver double-digit growth over the medium term.

ACME Solar Holdings soars 6%, hits all-time high; stock up 103% in 8 months

Analysts at HSBC believe ACME Solar is in a high growth phase adding significant capacity over the next two years; the brokerage maintains a 'Buy' rating on the stock.

India's 'anti-AI' tag challenged as 42 AI enablers surge 60%: Goldman Sachs

Goldman Sachs argues that if you look beyond the index, there are at least 42 AI enablers that have rallied 60 per cent.

Mirae Asset sees gold testing $4,535 as yields and oil prices ease

Gold may rise to test the resistance zone of $4520-$4535. However, oil prices rising further will pose a downside risk to this possibility.

Lenskart Solutions zooms 98% from November low; stock hits new high

Lenskart's share price hit a new high of ₹703.85 on the BSE in Friday's trade. The stock now trades at a 75 per cent premium to its issue price of ₹402 per share.

Silver price may rise toward $68 on falling yields, oil: Mirae Asset

Silver may rise further to test resistance around $68 as yields, after relentless rise in last few days, can correct further. Interim resistance is seen at $66.55. Support is at $64.50-$62.80

Shining bright! Gold, silver ETFs rise 2-3% as oil fall eclipses Fed hike

Analysts believe the bullion rose as the US Fed rate hike is largely discounted by the market. Meanwhile, a fall in oil prices for the third straight day softened inflation concerns.

iPhone 18 sales open: Electronics Mart, Redington, Eternal rise up to 8%

The latest Pro models can be purchased through Apple's online store, six retail outlets and select authorised third-party retailers, as well as on quick-commerce platforms

Paytm vs Pine Labs vs One MobiKwik: Analyst decodes fintech stock charts

Fintech stocks react to MDR news: Paytm, Pine Labs and One MobiKwik Systems decline up to 13% during the week, recover on Friday. Here's why the tech analyst remains bullish on Paytm and Pine Labs.

Tata stocks fall up to 8% amid rift over Tata Sons listing, Chandra's term

Tata Sons cleared N. Chandrasekaran's five-year reappointment and its proposed listing. Tata Trusts has opposed both the reappointment and listing, citing the Trusts' public-purpose role in the group.

IndiGo rises 2%; analysts expect ancillary service fee hike to aid margins

According to reports, IndiGo has hiked charges for various ancillary services, including infant travel and unaccompanied minors.

Skyways Air Services shares surge 14.5% as Q1 PAT more than doubles

From its issue price of ₹138, Skyways Air Services stock is down 5.4 per cent. The stock listed on the exchanges on September 1.

Steel price rally likely to lift earnings; MOFSL favours JSW, Tata Steel

MOFSL highlighted JSW Steel and Tata Steel as its top picks, noting that companies with stronger cost positions, captive raw materials and greater value-added exposure should be better positioned to d

Veegaland Developers shares list at 10% premium over IPO price on NSE

Veegaland Developers share price: Ahead of the stock market debut, Veegaland Developers' IPO GMP was ₹8 or 5.71 per cent.

Will Nifty, Bank Nifty reverse the downtrend? Here's what tech analysts say

Pabitro Mukherjee of Bajaj Broking says that the Nifty is showing signs of a pullback after forming higher highs and higher lows on Thursday, and adds that the key hurdle stands at 23,600 levels.

Stocks to watch: Tata group stocks, Wipro, BEL, Asian Paints, Puravankara

Stocks to watch today: Navratna defence PSU Bharat Electronics (BEL) has secured additional orders worth ₹648 crore.

NSE IPO impact: IFCI, New India Assurance, GIC RE shares rally up to 9%

NSE IPO opened for public subscription on September 17 and will remain available for bidding till September 21.

Sonaselection IPO gets 'Neutral' rating from analysts on cash flow concerns

Sonaselection India IPO is a book-built issue worth ₹141.57 crore. The issue comprises an entirely fresh issue of 1.43 crore equity shares.

Nifty Midcap down nearly 7% from peak, tests 200-DMA; what chart says?

Amid the downturn, the Nifty Midcap 100 tested its 200-DMA after a gap of five months; presently 58 index constituents traded below the long-term average on the daily charts.