Shares of Innovision started trading on the NSE at ₹467.7 per share, down 9.9 per cent from the IPO issue price
HDFC Bank market cap falls below ₹12 trn; stock down 10% in 3 days post Atanu's exit
Geopolitical tensions may hit foreign tourist inflows, affecting occupancies and room rates even as domestic demand stays resilient; outlook hinges on conflict duration
Lunawat says the current phase could reset valuations without derailing long-term capital formation
Three issues - Powerica, Amir Chand Jagdish Kumar (Exports) and Sai Parenterals - are set to launch this week
Developments related to the ongoing conflict in West Asia and its impact on crude oil prices will continue to rule investors' sentiment in a holiday-shortened week ahead, analysts said. Besides, trends in global markets, trading activity of foreign investors and rupee-dollar movement would also drive momentum in equities. Stock markets would remain closed on Thursday for Shri Ram Navami. "This week is expected to remain data-sensitive amid ongoing global uncertainties. Developments in the West Asia conflict and movements in crude oil prices will continue to act as key external drivers and are likely to dictate the near-term market trend. "On the domestic front, investors will closely monitor HSBC Flash PMI data for manufacturing, services, and composite segments, which will provide an early indication of business activity trends," Ajit Mishra -- SVP, Research, Religare Broking Ltd, said. Foreign investors have pulled out Rs 88,180 crore (about USD 9.6 billion) from Indian equities
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.67 per cent and 0.09 per cent higher, respectively.
Happiest Minds said, the company is not privy to any such discussion and therefore cannot comment on the same.
Analysts believe ITC's long-term growth trajectory remains intact, with non-cigarette business segments maintaining steady progress.
Motilal Oswal remains positive on Laurus due to its strengthening position in gaining CDMO contracts, the addition of a growth lever in the generics space, and a steady ARV business.
At 09:30 AM on Friday; Nifty PSU Bank index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 1.2 per cent rise in the Nifty 50.
Global markets were down over 1% in Thursday's early trade amid escalating West Asia tensions, and fresh spike in crude oil prices. GIFT Nifty hints at a near 500-point gap-down start for the Nifty.
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 1.94 per cent and 0.170 per cent higher, respectively
In the past seven trading days, the stock price of Waaree Energies has appreciated by 24 per cent.
However, at current levels, MOFSL, CDSL, KFIN Technologies, Nuvama Wealth Management, CAMS and Angel One quote up to 26 to 36 per cent lower when compared to their respective 52-week highs.
Analysts at MOFSL believe the merger of PFC and REC should deliver meaningful operating synergies through the rationalization of overlapping functions and stronger bargaining power with lenders.
CG Power trades up 156-fold from March 2020 low; Whereas, PG Electroplast and Transformers & Rectifiers despite 50% fall from Jan 2025 high, quote 100-times higher on a six-year period, show charts.
Analysts believe Ather has strong credentials to get included under the PLI scheme as it is the leading EV-2W startup in India with a strong focus on engineering and R&D.
The Sensex rose 568 points, or 0.75 per cent, to close at 76,071, while the Nifty 50 gained 172 points, or 0.74 per cent, to settle at 23,581
Volatile markets: Accumulate quality stocks, diversify portfolios, say experts at PL Wealth