Page 9 - Stock Market Today

Nifty Midcap index hits new high as earnings, domestic demand drive gains

Domestic demand, improving earnings drive gains; rich valuations a concern

Federal Bank slips 4% as lender clarifies on Jana SFB acquisition

Federal Bank shares fell 4 per cent after it issued a clarification on reports that it may acquire a controlling stake in Jana Small Finance Bank.

Higher crude oil prices risk demand destruction, says Mirae Asset Sharekhan

The main source of uncertainty remains the US-Iran standoff and the continuing disruption around the Strait of Hormuz.

Gold loan market gets crowded: Will new entrants dull incumbents' sheen?

Gold loans stood at around ₹18.6 trillion, or nearly 11 per cent of retail credit, after growing at a 34 per cent CAGR between FY21 and FY26.

Fertiliser stocks jump up to 14% as Russia signals higher supplies to India

Among the basket, Fertilisers and Chemicals Travancore rose the most, rallying over 14 per cent to an intra-day high of ₹894.

Shankesh Jewellers shares list at 11% premium, beat expectations

On NSE, Shankesh Jewellers shares listed at Rs 103.30, a premium of 11.08 per cent over the offer price of Rs 93. Meanwhile, on BSE, the stock debuted at Rs 102.20, up 9.89 per cent.

Ceigall India gains 5% after winning ₹705-crore Arunachal road project

Ceigall India received Letters of Acceptance from the Ministry of Road Transport & Highway for the construction of a key section of the Lada-Sarli section of NH913 in Arunachal Pradesh.

TCS reverses early gains, down 1%: What deal with Porsche means for company

Brokerages JM Financial and Emkay Global maintained their 'ADD' ratings on TCS stock following the strategic deal announcement with Porsche.

Sunshine Pictures shares make decent debut, list at 10% premium

Sunshine Pictures shares opened at ₹395.90 on the National Stock Exchange (NSE), up ₹35.90, or 9.97 per cent, over the IPO issue price of ₹360.

Hindustan Copper cracks 7% as govt OFS opens; floor price at 10% discount

Hindustan Copper OFS: The government has fixed the floor price of ₹514 a share, implying a discount of 10.4 per cent from the previous close of ₹574.15 on the NSE.

Hindustan Zinc among top 3 stock picks by Geojit Investments for near term

Anand James, Chief Market Strategist at Geojit Investments, has recommended three stocks, including Hindustan Zinc, Skipper and Parag Milk Foods

HDFC Life, Home First Finance are Shrikant Chouhan's top picks

Shrikant Chouhan of Kotak Securities recommends buying HDFC Life Insurance and Home First Finance given their strong fundamentals.

Skyways Air vs Symbiotec vs Hy-Tech: Analysts pick their top IPO bet

Symbiotec Pharmalab stands out as the preferred long-term pick, backed by SBI Securities' 'Subscribe' rating and Master Capital's positive view on its specialised business.

Equity investing: Why allocation matters more than what you buy

The first principle of allocation is, 'Invest first, investigate later,' said Harini Dedhia, fund manager at Tamohara.

Stock Market Close: Sensex sheds 172 pts; Nifty settles at 24,219; Nifty PSU Bank tumbles 1%

Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap rose 0.13 per cent and the Nifty SmallCap fell 0.26 per cent

TVS Supply Chain share price zooms 16% in subdued market; here's why

The buying momentum came after the logistics solutions provider announced that it had signed a pact with Japan-based Sankyu Inc to collaborate across supply chain and engineering services.

Skyways Air Services IPO review: Can it add wings to your portfolio?

Skyways Air Services IPO review: Analysts have shared a constructive view, with Swastika and Ventura recommending a 'Subscribe' rating, while SBI Securities has maintained a 'Neutral' stance.

Urban Company jumps 7% as Emkay sees strong growth potential ahead

Emkay initiated coverage on the company with a 'Buy' rating and a target price of ₹190.

Nifty may hit 28,615 by Dec'26 if FII flows rise, oil cools: Rajesh Palavia

Rajesh Palviya of Axis Direct believes that following the January peak of 26,373, Nifty's valuation premium over emerging markets narrowed significantly, establishing a healthier starting point for H2

Vishal Mega Mart shares rally 9.5% on re-appointment of CEO for five years

Gunender Kapur was appointed MD and CEO for a period of three years, with effect from June 27, 2024. His existing term of three years is due to expire on June 26, 2027.