Page 20 - Markets

6 IPOs open today: Experts weigh top bets amid crowded primary market

Market experts are largely selective, with Karamtara Engineering emerging as the strongest consensus pick, while Rentomojo also finds favour for its growth potential.

Stock Market Close: Sensex declines for 2nd day, ends 555 pts down; Nifty settles at 23,635

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.21 per cent and 0.17 per cent, respectively

Symphony stock rallies 13.5% on foray into AC, air purifiers & BLDC fans

Symphony share price opened at ₹585.05 as against the last closing price of ₹574.60 and soon rallied to the day's high of ₹652.25, resulting in a 13.51 per cent upside.

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

Kanohar Electricals IPO sails through on day 1 amid 32% GMP; check reviews

Kanohar Electricals' IPO price band is set at ₹601-632 per share. Investors can apply in lots of 23 shares.

NIACL, IFCI stocks slide up to 14% amid profit booking, NSE IPO GMP dip

Shares of New India Assurance Company and IFCI cracked up to 14% on account of profit-taking after NSE's IPO grey market premium fell to ₹225 on Tuesday.

PVR Inox rebounds, up 7%; clarifies on Arora's exit, kickback allegations

PVR Inox share: PVR Inox said the preliminary examination in the anonymous allegations of impropriety by certain employees did not indicate any evidence of kickbacks.

'Higher bond yields are making the equity market more earnings sensitive'

Fed expected to hike rate and RBI's recent minutes suggesting a likely start to rate hike cycle, could pave the way for yields to increase, said Elara Securities.

BHEL vs NTPC: KIE explains the sharp divergence between 2 power stocks

According to ACE Equity data, BHEL stock has added 63 per cent in the last six months and significantly outperformed NTPC, which has lost 13 per cent.

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.

Prasol Chemicals IPO: Growth, margins impress but experts split; here's why

Prasol Chemicals Ltd.'s IPO has a price band of ₹643-676 per share and a total issue size of ₹500 crore, comprising a fresh issue of ₹80 crore and an offer for sale (OFS) of ₹420 crore.

IPO rush: 6 offers to open in one day this week, first time in 30 years

The six IPOs opening on September 9 are Rentomojo, Asset Reconstruction Company (India), Manipal Payment & Identity Solutions, Steamhouse India, LCC Projects and Karamtara Engineering.

Deepa Jewellers shines on D-Street debut as stock lists at 25% premium

The company's IPO received a stellar response from investors and closed with 42.61 times bids at the end of the subscription period.

Ray of Belief shares list at par with IPO price despite 108x subscription

Ray of Belief shares listed at ₹239 on both BSE and NSE. Ahead of the debut, Ray of Belief IPO's GMP was indicating 6 per cent listing gains.

Copper prices at record high send Hindustan Copper stock 4% higher

According to a Bloomberg report, copper prices rose for a fourth day on the London Metal Exchange (LME), touching an all-time peak of $14,617 a ton. The industrial metal is up 17 per cent this year.

Aster DM, SPARC among 3 stocks looking strong on tech charts, says Geojit

SPARC appears well-positioned for a short-term recovery after finding support near the 61.8% Fibonacci retracement level of the March low to July high rally.

Tech stock picks: Kotak Sec is bullish on Godrej Agro & one more stock

From a financial perspective, GAVL's ROCE improved to 20 per cent in FY26 from 16 per cent, supported by better working-capital management.

Stocks to watch: Asian Paints, Swiggy, RBL Bank, BoB & defence shares

Stocks to watch today: Bandhan Bank, defence shares, RBL Bank, PVR Inox, Adani Power, Swiggy, Asian Paints, Molbio Diagnostics, IndusInd Bank, among others, will be in focus today.

Stock Market Close: Sensex drops 384 pts, Nifty settles at 23,779; Nifty IT tumbles over 2%

Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap fell 0.46 per cent and the Nifty SmallCap rose 0.02 per cent

V2 Retail shares rise 4% as Motilal Oswal sees SSSG driving earnings

Motilal Oswal Financial Services has initiated coverage on V2 Retail with a Buy rating and assigned a target price of ₹275, implying an upside of 27 per cent from the previous close of ₹216.50.