Page 39 - Stock Market Today

Market crash: Sensex tanks 831pts intraday, Nifty below 23,950; key reasons

Market Crash Today: IT stocks fell up to 8 per cent after Accenture lowered its annual revenue growth forecast. The Nifty IT index crashed 6.4% to 26,634.50 -- its lowest level since April 21, 2023.

Gold NBFCs growth to slow, says Investec; keeps Hold on Muthoot, Manappuram

Investec noted that gold NBFCs are dependent on the gold price, with negligible volume growth. It expects a 12 per cent gold price appreciation in line with long-term history.

Radico Khaitan, United Spirits rise up to 5%; what's driving liquor stocks?

As per the India-UK FTA, New Delhi will be reducing duty on UK whisky and gin from 150 per cent to 75 per cent and further to 40 per cent in the tenth year of the deal.

Kirloskar Ferrous shares soar 14%, hit 52-week high on export order win

Kirloskar Ferrous Industries has received a contract valued at approximately $13.51 million from a buyer based in London, United Kingdom.

NSE IPO impact: New India Assurance shares rally 14%; up 25% in 5 days

NSE IPO: New India Assurance will offload up to 10,500,000 equity shares of face value of ₹1 each. The weighted average cost of acquisition of equity shares for the company is ₹0.32.

TMPV shares rise day after 8% rout; analysts divided post JLR investor day

Notably, JLR, a part of Tata Motors, said that it is targeting medium-term double-digit revenue growth and increase focus on the North America market.

Motilal Oswal bullish on defence sector; BEL top pick for 20% upside

Motilal Oswal has reiterated a 'Buy' rating on BEL stock with an unchanged target price of ₹510, based on the 45x two-year forward earnings.

Jio IPO to AI strategy: 5 key expectations from Reliance Industries' AGM

RIL AGM 2026 date and expectations: RIL AGM is slated for June 19 (Friday). A clear schedule for the Jio IPO could be an important re-rating trigger for Reliance Industries.

Jaiprakash Associates stock to delist on June 18; all you need to know

JAL is being delisted following its acquisition by Adani Group through insolvency, and as per the resolution plan approved by the National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj.

Voltas, Crompton, Blue Star rally up to 5% on late monsoon; check top picks

Shares of air-conditioner makers jumped up to 5 per cent on Wednesday as a delayed monsoon and persistent heatwave boosted demand expectations.

Vivo JV approval buzz lifts Dixon Technologies share price 5%

Today's rally was buoyed by a report that the government is likely to clear Dixon-Vivo JV this month, which will reduce the risk exposure of the Chinese mobile company to India.

Crypto struggles, stocks recover: How two asset classes fared in 2026

A closer look at the performance of Bitcoin and Ethereum versus equity markets shows that equities have performed comparatively well despite geopolitical tensions.

Petronet LNG shares up 2% as Qatar plans to rapidly restart LNG production

Notably, Qatar had halted LNG production after its facilities were attacked by Iran. India depends on long-term LNG contracts with Qatar for a significant share of its gas needs.

Devyani International, Sapphire Foods rally up to 9% on merger approval

Devyani International and Sapphire Foods merger will take place through a share-swap mechanism. Under the share swap ratio, 177 shares of DIL will be issued for every 100 shares of Sapphire Foods.

Systematix backs Nestle India's rural expansion; recommends 'Hold'

Systematix has maintained a 'Hold' rating on Nestle India, valuing the stock at FY28E P/E of 65x for a target price of ₹1,460.

GIC shares fall 5% as Centre launches OFS; floor price at 9% discount

At present, the government owns an 82.40% stake in General Insurance Corporation. At the floor price of ₹352 apiece, the sale of over 8.77 crore shares will fetch about ₹3,000 crore to the exchequer.

OMCs rally: IOC, BPCL, HPCL gain up to 4% as oil retreat boosts sentiment

A reopening of the Strait of Hormuz would provide significant relief for India by easing concerns over oil supplies, lowering freight costs and reducing pressure on inflation.

IFCI share price zooms 69% in 2026: Why is this PSU stock surging?

IFCI has indirect exposure to NSE through its 52.8% stake in Stock Holding Corporation of India Ltd (SHCIL). SHCIL owns a 4.4% stake in the stock exchange, which is preparing to list its shares.

L&T share price gains 4% on West Asia deal; analysts stay bullish

L&T has a strong presence across infrastructure, hydrocarbon, power transmission, and industrial projects in various countries of the Middle East.

Stocks to buy: Analyst recommends Avalon, Krishna Defence, TI India

Aakash Shah, technical research analyst at Choice Equity Broking recommends to buy Krishna Defence, Avalon Technologies and TI India on Monday.