Page 19 - Markets

Petronet LNG shares up 2% as Qatar plans to rapidly restart LNG production

Notably, Qatar had halted LNG production after its facilities were attacked by Iran. India depends on long-term LNG contracts with Qatar for a significant share of its gas needs.

Devyani International, Sapphire Foods rally up to 9% on merger approval

Devyani International and Sapphire Foods merger will take place through a share-swap mechanism. Under the share swap ratio, 177 shares of DIL will be issued for every 100 shares of Sapphire Foods.

Systematix backs Nestle India's rural expansion; recommends 'Hold'

Systematix has maintained a 'Hold' rating on Nestle India, valuing the stock at FY28E P/E of 65x for a target price of ₹1,460.

Sarvam AI deal lifts HCL Tech shares by 3%; Nomura says Buy for 39% upside

HCL Tech is investing $150 million in Sarvam for a 10.46 per cent stake

JM Financial backs PDS margin recovery story, sees 22% upside; stock up 7%

Analysts believe this measured approach, coupled with an improving business mix, should support a more predictable earnings profile over the medium term

GIC shares fall 5% as Centre launches OFS; floor price at 9% discount

At present, the government owns an 82.40% stake in General Insurance Corporation. At the floor price of ₹352 apiece, the sale of over 8.77 crore shares will fetch about ₹3,000 crore to the exchequer.

Stocks to Watch today: Bharti Airtel, HCL Tech, Adani Enterprises, SBI, GIC

Stock to Watch today, June 16, 2026: Oil India, Mahindra & Mahindra Financial Services, Craftsman Automation, and Kalpataru Projects are among the top stocks to watch today

Battle of bourses: Listed BSE vs IPO-bound NSE; which is a better bet?

As NSE moves closer to its long-awaited IPO, investors are weighing its valuation and growth prospects against listed rival BSE

OMCs rally: IOC, BPCL, HPCL gain up to 4% as oil retreat boosts sentiment

A reopening of the Strait of Hormuz would provide significant relief for India by easing concerns over oil supplies, lowering freight costs and reducing pressure on inflation.

Stock Market Close: Sensex rises 737 pts, Nifty ends at 23,854; rupee gains 40 paise on Iran-US deal

Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.29 per cent and 1.11 per cent higher, respectively

IFCI share price zooms 69% in 2026: Why is this PSU stock surging?

IFCI has indirect exposure to NSE through its 52.8% stake in Stock Holding Corporation of India Ltd (SHCIL). SHCIL owns a 4.4% stake in the stock exchange, which is preparing to list its shares.

Ashoka Buildcon shares soar 14% on project win, CRISIL rating update

The company has received a Letter of Acceptance for the development of a Gems & Jewellery Park under the Public Private Partnership (PPP) mode at Raipur, Chhattisgarh

UBS sees MOFSL entering structural growth phase; starts coverage with 'Buy'

Improving revenue mix, along with higher capital efficiency, UBS believes, could support a structural re-rating of the stock towards premium asset management and wealth management multiples

Suzlon sizzles: Stock gains 3%, up 49% from 52-week low; more steam left?

Analysts view Suzlon's transition from a wind turbine manufacturer to a broader renewable energy solutions provider as a key growth driver, although successful execution remains critical.

US-Iran peace deal: Analysts see up to 1,000-pts rally in Nifty from here

Technical analysts believe that the Nifty can potentially surge to 24,600 from here if it clears hurdles at 23,800 and 24,200-24,300 levels.

India business, margins remain key growth drivers for Torrent Pharma

The stock delivered higher returns than the benchmark Nifty Pharma over the past year

Outlook on PI Industries cautious even as Japan partner raises estimates

Kumiai Chemical's earnings revision highlights strong demand for pyroxasulfone, but concerns over generic competition and weak earnings growth keep analysts cautious on PI Industries

Stock Market Close: Sensex surges 1,695 pts, Nifty ends at 23,623 on hopes for US-Iran peace deal

Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 2.43 per cent and 2.8 per cent higher, respectively

Should you sell in the market rally today? What analysts suggest

While the global setup has turned positive, analysts suggest investors remain watchful of profit booking at higher levels after the recent volatility.

NLC India shares jump 4% after winning Ministry of Mines mineral block

NLC India informed the exchanges that it has been declared the preferred bidder for the Parvathapur Vanadium, Titanium & Aluminous Laterite Block in Sangareddy, Telangana