Stocks to watch today: ICICI Bank, LIC, SBI, Dixon Tech, TCS, NMDC, JSW Steel, RVNL, Tata Motors, CG Power, BEML, among others, will be in focus today.
Four IPOs, including Rentomojo and Karamtara Engineering, will open on September 9, while ESDS Software surged 109% on debut and Apana Logistics prepares its SME issue
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap fell 0.25 per cent and the Nifty SmallCap rose 0.22 per cent
The BSE barometer Sensex rallied 730 points or 0.95 per cent to 76,883, while the Nifty 50 index gained 132 points or 0.55 per cent to reclaim 24,000. The index hit the day's peak of 24,005.
Today's buying in RIL came after Nuvama reiterated its 'Buy' rating on the stock, with a target price of ₹1,766. The target implies an upside of nearly 36 per cent from the previous close of ₹1,301.05
MOFSL noted that Physicswallah is among India's largest education platforms, built on what the brokerage believes is one of the most capital-efficient business models in Indian EdTech.
Mirae Asset ShareKhan's Praveen Singh said that gold's key support levels are at $4,450, $4,358, and $4,300-4,330, while resistance is seen at $4,533, $4,575, and $4,650.
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
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.
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 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.
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.
The stock market will remain open on September 4 despite the Janmashtami holiday. The NSE and BSE's 2026 holiday calendar lists September 14 as the next trading holiday
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 shares have delivered multibagger returns, rising 208 per cent in one year and 536 per cent over five years.
SML Mahindra, a subsidiary of Mahindra & Mahindra, has reported a 40 per cent rise in August sales.
Brokerage firm Motilal Oswal Financial Services noted that the company's growth performance over the past five years has been below aspirations.
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.
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.
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.