Page 5 - Markets

IndiGo share price slips 3% on oil price spike; here's what analysts say

Notably, aviation turbine fuel (ATF) accounts for about 40 per cent of airline operating expenses, making airlines highly sensitive to crude prices.

Just Dial zooms 15% on fastest QoQ revenue growth post Covid era

The company started FY27 on a strong note, with revenue growing 6.6 per cent QoQ, its fastest sequential growth in a decade outside the post-COVID recovery period, said Shwetank Dixit of Just Dial.

Crude oil spike weighs on OMC stocks; HPCL, IOCL shares fall over 2%

At last check, Brent crude was up 4.09 per cent at $79.12 a barrel, while US West Texas Intermediate (WTI) crude rose 4.10 per cent to $74.33 a barrel.

Sensex sheds 712pts intraday, Nifty at 24k amid West Asia woes: Key reasons

Among the Nifty constituents, TCS, Infosys, and HCL Technologies emerged as the top gainers, while Grasim Industries and Tata Steel ended among the top losers.

India-focused funds lose 60% of 2023-24 inflows; metal outflows ease: Elara

India-focused funds have borne the brunt of the recent selling, with $7 billion redeemed from long-only funds and another $2 billion from exchange-traded funds (ETFs) so far this year

Top trading ideas: Choice analyst bets on LIC, Bajaj Finserv, Metropolis

Aakash Shah of Choice Equity Broking suggests buying the shares of LIC, Bajaj Finserv, Metropolis Healthcare today

Looking to buy? These 3 stocks deserve a spot in your portfolio; here's why

Kunal Kamble, sr. technical research analyst at Bonanza, has recommended buying shares of Northern Arc Capital, CDSL, Knowledge Marine

JPMorgan's AI agents outperform 60/40 portfolio in historical backtests

JPMorgan's AI-powered investing agents outperformed a traditional 60/40 portfolio in historical backtests, though the bank cautioned that the results are based on simulations

Stock Market Close: Sensex rises 827 pts, Nifty ends at 24,207; PSU Bank, realty shares shine

Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.4 per cent and 1.55 per cent higher, respectively

Why market gained today? Sensex soars 900 pts intraday, Nifty at 24,228

On the sectoral front, Nifty Realty ended the day as the top gainer, followed by Nifty PSU Banks. Both indices closed over 3 per cent higher.

Dixon-Vivo JV receives much-awaited nod; Nomura sees modest upside in stock

Dixon Technologies today was up 4 per cent intraday as the company secured government approval to set up its joint venture (JV) with Vivo Mobile India (VMI).

ION Exchange zooms 17%, up 51% from 52-week low; check what's driving gains

The upward movement in the company's share price came after it announced that it had secured an order worth $52.83 million, or approximately ₹503 crore, from Hyundai Engineering & Construction Co

MRPL shares jump 9% as ONGC approves strategic oil reserve in Mangaluru

ONGC has approved an expansion of the country's strategic oil reserves, highlighting a push to strengthen energy resilience following the shock of the Iran war.

Nifty PSU Bank soars 4%, Indian Bank up 10% post Q1 nos; analysts upbeat

PSU Bank index logged its sharpest intra-day gain in three months on Friday. Analysts expect PSU Banks to outdo private peers on earnings front on improvement in asset quality and high credit growth.

Apollo Micro jumps 5% on agreement to buy 41.3% stake in Premier Explosives

Apollo Micro shares gained 5 per cent after approval was granted to the company to acquire 41.3 per cent stake in Premier Explosives.

Silver price outlook: Rate hike risks could limit upside, says Mirae Asset

Silver is expected to be highly volatile and choppy in the short run due to the evolving situation in West Asia. However, as West Asia conflict is likely to remain contained, traders may buy the dips.

NALCO, Hindalco rally up to 4% as aluminium prices rebound

The Nifty Metal index surged 2.5% led by Hindalco, NALCO and Hindustan Copper as aluminium prices rose over 5% from recent lows in July.

Vedanta Aluminium stock up 3%, Motilal Oswal initiates coverage with 'Buy'

Motilal Oswal Financial Services initiated coverage on Vedanta Aluminium with a 'Buy' rating and a target price of ₹540.

Paytm rallies 5%, fintech stock price nears 52-week high; here's why

Analysts at JM Financial Institutional Securities expect Paytm to report healthy Q1FY27 performance, led by strength in their respective core businesses.

TCS stock can rally up to 20% to ₹2,500 levels: Tech analyst

Technical analyst at Mirae Asset Sharekhan believes that the short-term trend for TCS seems 'Neutral', but 'Bullish' from the medium-term perspective; hence expects an upside towad ₹2,500 levels.