Page 23 - Markets

Can UltraTech's cables & wire foray charge up its shares? What analysts say

Brokerages believe the positioning appears more aggressive than initially envisaged, also tallying with Grasim's rollout in paints, and could add materially to UltraTech's FY30 revenue.

'Ultravolt' shock! Polycab, KEI & others crash up to 8% on de-rating fears

Nuvama said UltraTech's scale ambition could intensify industry competition and its aggressive posturing on capacity, portfolio, and distribution could drive an interim de-rating for C&W industry

Tata Chemicals dips 2.5% on Kenya exit buzz; co. issues clarification

Ruto on Thursday ordered the ousting of Tata Chemicals Ltd. and is said to be looking for fresh investors to take over its century-old mining rights for minerals that are processed into soda ash.

Bumper debut! ESDS Software shares list at 76% premium over IPO price

ESDS Software's share price listed at ₹757 apiece on the National Stock Exchange (NSE) as against the offer price of ₹429, a premium of 76.46 per cent.

Priority Jewels makes firm debut, lists at 15% premium on NSE

Priority Jewels shares listed at ₹225 on the BSE, a premium of 12.60 per cent against the offer price of ₹200. Meanwhile, on the National Stock Exchange, it debuted at ₹230, up 15 per cent.

Has Nifty bottomed out? Tech analysts decode charts; flag key levels

Technical analysts flag presence of multiple hurdles in the 24,000-24,200 region for the Nifty; on the downside, they expect immediate support at 23,800.

Stocks to watch: UltraTech, Cipla, Sterlite, Tata Power, OMCs & more

Aditya Birla Group forayed into the wires and cables market with an investment of ₹1,800 crore. The new business will operate through its cement arm UltraTech Cement, under the Ultravolt brand.

Stock Market Close: Sensex drops 417pts; Nifty settles at 23,873; pvt bank, realty shares outperform

Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.37 per cent and 1.2 per cent higher, respectively

Titan Biotech jumps 5% on 1:4 bonus issue, dividend announcements

Titan Biotech shares have delivered multibagger returns, rising 208 per cent in one year and 536 per cent over five years.

Godrej Consumer falls 5% as brokerages turn cautious on growth

Brokerage firm Motilal Oswal Financial Services noted that the company's growth performance over the past five years has been below aspirations.

ESDS Software, Priority Jewels investors eye 15-50% listing pop on debuts

ESDS Software is expected to outpace Priority Jewels in terms of listing gains even though both offers garnered bids of over 100 times.

Why are Swiggy shares falling for the last 3 days? Analysts decode

Swiggy shares falling: According to an announcement by MSCI, Swiggy will be deleted from the Global Standard Indices owing to its foreign ownership limit, triggering potential passive outflows.

Solar Ind soars 5%, stock up 79% from Mar low; market cap nears ₹2 trillion

Solar Industries Share: In the past month, Solar Industries India outperformed the market by surging 16 per cent, compared to a 2.4 per cent decline in the BSE Sensex.

Hexaware Technologies shares fall 4.5% after CEO transition announcement

JM Financial said that the appointment of Vivek Jetley as CEO-designate of Hexaware Technologies could remain a near-term overhang until there is greater clarity on the company's strategy and outlook.

Nifty Bank jumps 1% as solid FX inflows spur liquidity, credit growth hopes

The gains in bank stocks come against a backdrop of a sharp surge in foreign-currency inflows, which has boosted liquidity across the banking system.

RBL Bank rallies 5%, hits 52-week high on huge volume; here's why

RBL Bank board is scheduled to meet on September 7, 2026 to consider and approve establishing an EMTN Programme and enabling the issuance of foreign currency bonds, notes, or any other debt securities

Nifty PSU Bank tests 200-DMA; tech analyst flags key levels in 7 stocks

Muthuselvaraj M of Mirae Asset Sharekhan expects the short-term bias to remain sideways but sees positive prospects for Bank of India, UCO Bank and IOB among others from a medium-term perspective.

Clean Max Enviro Energy share price rallies 7% after block deal action

Technical analyst advised investors to avoid fresh long positions for now and wait for a clear breakout above 1,400 before considering fresh buying.

Lumino Industries makes strong debut, lists at 34% premium on NSE

Lumino Industries shares listed at ₹109 on the BSE, a premium of 32.93 per cent against the offer price of ₹82. Meanwhile, on the National Stock Exchange, it debuted at ₹110, up 34.15 per cent.

Nifty may test 23,600, says Ajit Mishra; bets on BEML among others

Religare Broking's Ajit Mishra said that the sharp decline has pushed Nifty closer to our initial downside target and support of 23,800. A break below this could extend the correction towards 23,600.