Page 2 - Markets

Final call! SBI Funds Management IPO booked over 15x; should you apply?

SBI Funds Management IPO GMP today is ₹90, signalling a listing gain of 15.68 per cent. The highest GMP in the unofficial market stood at ₹140 at one point.

Bulk deal impact: Bectors Food zooms 17% as Abakkus Investment buys stake

Today's rally came after Abakkus Investment Managers Pvt Ltd, owned by ace investor Sunil Singhania, acquired 29,39,588 shares of Mrs Bectors Food Specialities through a bulk deal.

ICICI Pru Life falls 4% despite positive Q1 show; what's weighing on stock?

ICICI Pru Life had announced its Q1 results on Wednesday, reporting a 27.8 per cent Y-o-Y rise in net profit to ₹386.2 crore for the first quarter of FY27

Swiggy shares rise 5%; why Street likes its latest growth strategy

Swiggy shares spiked post company's entry into on-demand LPG delivery via Instamart. Analysts said the HPCL partnership expands Swiggy's quick commerce offerings, expands cross-selling opportunities.

HDFC Bank Q1 preview: PAT may rise 9% on strong loan growth; NIMs seen flat

HDFC Bank Q1 result preview: Q1 could be a mixed quarter for the lender, with analysts expecting flat NIMs. Asset quality is likely to remain steady, while loan growth may stay in double digits

IT shares in focus: Nifty IT up 2% ahead of Wipro, Tech Mahindra Q1 results

Gains in IT index were led by large-cap IT stocks, with HCLTech, LTIMindtree and Persistent Systems among the key contributors

MRPL soars 13% on strong Q1 result; analyst suggests buying on breakout

As per NSE data, MRPL shares have outperformed the Nifty 50 index over the past year, having gained 19.24 per cent.

Time to buy PSU Banks? Analyst bullish on these 3 stocks; explains why

Rohan Shah, technical analyst at Asit C. Mehta Investment Interrmediates reckons that share prices of Canara Bank, Bank of India and Union Bank of India can appreciate by up to 16 per cent from here.

Jio Financial Q1 today: What to expect & how to trade Reliance group stock?

Jio Financial Q1 today: Analysts largely expect Jio Financial to see continued expansion in its lending and asset management businesses, though some impact on profit is likely.

HDFC AMC shares slip 5% despite Q1 earnings beat; buy, sell or hold?

HDFC AMC has reported 12% Y-o-Y growth in consolidated PAT at ₹837.13 crore for Q1. Its revenue from operations grew by 13.6% Y-o-Y to ₹1,099.72 crore, while AUM stood at ₹9.35 trillion.

ICICI Lombard shares crash 15% after Q1 show. What should investors do?

ICICI Lombard General Insurance Company's share price crashed 15 per cent after sharp decline in profit and increased COR.

HDFC Life slips nearly 2% despite Q1 beat; brokerages remain cautious

HDFC Life Insurance shares fell despite reporting a strong June quarter, with net profit rising 12 per cent year-on-year and premium income growing 14 per cent.

Laser Power shares list at 26% premium; should you hold or book profit?

Laser Power share price: Shivani Nyati of Swastika Investmart has advised existing shareholders to stay invested for the medium to long term, while suggesting fresh accumulation on dips.

Monsoon picks up, but market bulls aren't out of the woods yet; here's why

The recent acceleration in rainfall has provided a sentiment lift, but from a fundamental standpoint, it has only partially mitigated D-Street's underlying anxieties.

Weak monsoon raises rural credit risks; cash flow stress likely: ICRA

AM Karthik of ICRA Ltd said that NBFCs slow down disbursements, tighten their credit norms and prioritise collections and loan quality over loan growth when macroeconomic headwinds intensify.

El Niño years: Tractor sales lag; 2-wheelers & FMCG hold up, finds study

Tractor sales, the JM Financial study said, were most sensitive to El Nino conditions, recording weaker sales growth during the La Niña period, which is associated with excess rainfall.

El Niño, weak monsoon cloud tractor, two-wheeler sales; analysts weigh risk

Analysts said the impact of a weak monsoon would depend more on the distribution of rainfall across key agricultural regions rather than the overall national rainfall figure.

Weak monsoon will increase rural gold loan demand: Divya S, Capri Global

Divya S of Capri Global said that a weak monsoon often increases gold loan demand, as rural households monetise jewellery to finance the next crop cycle or bridge working capital gaps.

Stocks to Watch Today: Jio Financial, Wipro, Paytm, HDFC Life & more

Wipro, Tech Mahindra, Jio Financial Services, BHEL and ITC Hotels among the top companies slated to post their April-June quarter earnings today.

Stocks to buy: Ajit Mishra recommends CDSL, Divi's Labs, UltraTech Cement

On the overall market set-up, Ajit Mishra, SVP - Research at Religare Broking reckons to maintain a 'Buy-on-dips' approach, with a preference for relatively stronger stocks across sectors.