Page 8 - Markets

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.

Investors cheer TCS Q1 results as stock jumps 4%; analysts bet on deal wins

TCS reported a 4.61 per cent Y-o-Y increase in its net profit to ₹13,349 crore for Q1 FY27. Its revenue jumped by 13.9 per cent Y-o-Y to ₹72,275 crore.

Dr Reddy's drops 4% on semaglutide setback; should investors buy the dip?

The company said certain batches of semaglutide were found to be out of specification due to issues associated with the API used in the product

Stocks to Watch today: TCS, Maruti, JSW Steel, JK Tyre, Federal Bank & more

Stocks to watch today: TCS, Maruti Suzuki, JSW Steel, JK Tyre, Federal Bank, AU SFB, SAIL, Nalco, NLC India, Anand Rathi Wealth, JSW Steel, Cummins India, among others, will be in focus today

Stock Market Close: Sensex rises 238 pts, Nifty50 ends at 23,963; realty, consumer durables shine

Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.38 per cent and 1.8 per cent higher, respectively

Indus Towers shares gain 3% after Nomura reiterates 'Buy'; sees 30% upside

Nomura has maintained a 'Buy' rating on Indus Towers. The brokerage has kept its target price unchanged at ₹505, implying an upside of 30 per cent from its previous close of ₹388.55.

Piramal Pharma shares rise 4% on successful closure of US FDA inspection

Piramal Pharma said that the US FDA has issued an Establishment Inspection Report (EIR) for its Sellersville facility, and the inspection has now been successfully closed.

Nifty IT valuation at 20x PE: Is it time to be greedy in IT stocks?

As Nifty IT trades below historical valuations despite record earnings, Apurva Sheth explores whether India's IT sector is nearing a major turnaround opportunity

Insolation Energy shares climb 15% after subsidiary bags ₹558-cr order

So far this year, shares of Insolation Energy have gained 29 per cent, outperforming the benchmark Nifty50, which has declined 8 per cent during the same period

Markets rebound: Sensex soars 820pts intraday, Nifty at 24,134; key reasons

VK Vijayakumar, chief investment strategist, Geojit Investments, said that there are market indications that things may not deteriorate as feared.

Ather Energy shares gain 3% to hit 52-week high; check reasons inside

The upward movement came after the company issued a clarification on its fund-raising plans through a Qualified Institutions Placement (QIP).

Natco Pharma gains nearly 3% on ₹2,500 crore South Africa investment plan

Natco Pharma has announced investments of nearly ₹2,500 crore in South Africa, including infusing ₹1,400 crore in its arm in the country with an aim to enter new geographies.

Swiggy gains 7% on expansion of Food on Train network; book profit or hold?

The company said orders through the service increased threefold during April-June 2026 compared with the year-ago period