Page 5 - Stock Market Today

SML Mahindra shares rally 8% on August sales; eyes 12% market share by FY31

SML Mahindra, a subsidiary of Mahindra & Mahindra, has reported a 40 per cent rise in August sales.

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.

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.

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.

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.

Rupee gains 69 paise, hits highest level since June on bumper FCNR inflows

The domestic currency touched an intraday high of 94.27 in morning deals, its highest level since June 29, according to Bloomberg data.

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.

BEML, Raymond, IFCI: 3 breakout stocks on Bonanza's radar

Kunal Kamble of Bonanza has recommended three breakout stocks to buy today -- BEML Ltd, Raymond Ltd, and IFCI Ltd.

Nifty to remain range-bound; Jatin Gedia recommends Meesho, 2 others

Jatin Gedia of Teji Mandi has said that he sees range-bound price action between 23,800 and 24,100 in Nifty from a short-term perspective.

Market rout brings dividend stocks in limelight: Time to switch?

Dividend stocks aren't immune to market-wide sell-offs, but their yields create a natural floor for the stock price. As the price drops, the yield rises, which naturally brings in value investors.

Stock Market Close: Sensex drops 374 pts on oil, bond yield spike, Nifty at 24,914; auto, IT lag

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.53 per cent and 0.37 per cent lower, respectively

Sensex tanks 800 points intraday, Nifty below 23,800: What's spooking D-St?

VK Vijayakumar said that the escalation of the US-Iran conflict and the consequent 5 per cent spurt in Brent crude overnight to $96 is a negative for markets.

Oil spike weighs on aviation stocks; IndiGo, SpiceJet dive up to 4%

Analysts noted that Aviation Turbine Fuel (ATF) represents a significant share of airlines' operating cost and any rise in crude oil price is a negative for the sector.

BSE shares slide 15% since CAS implementation; Jefferies flags options hit

According to Jefferies, the introduction of CAS adversely impacted equity options turnover and contracts in August, which is negative for companies like BSE and Groww.

Gold loan book seen crossing ₹30 tn by FY28; MOFSL lists top 6 picks

MOFSL noted that public sector banks continue to command the highest market share in gold loans at 60 per cent as of March 2026.

Annu Projects makes weak D-St debut, lists at 27% discount on NSE

Annu Projects shares listed at ₹75 on the BSE, a discount of 24.24 per cent against the offer price of ₹99. Meanwhile, on the National Stock Exchange (NSE), it debuted at ₹72, down 27.27 per cent.

24,100 key hurdle for Nifty; Chandan Taparia bets on Eternal, Bajaj Auto

Chandan Taparia says that if Nifty crosses 24,100, we could see the index moving towards 24,200-24300. He has recommended buying Persistent Systems, Eternal, & Bajaj Auto shares for the short term

KSB Ltd, Stove Kraft: HDFC Securities sees bullish setup on charts

Vinay Rajani of HDFC Securities has recommended buying two stocks today -- KSB Ltd and Stove Kraft

Stock Market Close: Sensex extends losses to 2nd day; Nifty settles at 24,056

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.39 per cent and 0.23 per cent down, respectively