Page 19 - Stock Market Trading

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.

Buzzing stock: Raymond zooms 14% on huge volume, up 137% from 52-week low

Raymond share price has appreciated by 23% in the last five trading sessions, and zoomed 137% from its 52-week low of ₹320.40 hit on March 30, 2026.

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.

Solar Ind soars 5%, stock up 79% from Mar low; market cap nears ₹2 trillion

Solar Industries Share: In the past month, Solar Industries India outperformed the market by surging 16 per cent, compared to a 2.4 per cent decline in the BSE Sensex.

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.

RBL Bank rallies 5%, hits 52-week high on huge volume; here's why

RBL Bank board is scheduled to meet on September 7, 2026 to consider and approve establishing an EMTN Programme and enabling the issuance of foreign currency bonds, notes, or any other debt securities

Welspun Corp zooms 227% in 6 months; Jefferies projects further upside

Jefferies initiated coverage on Welspun Corp stock with a 'Buy' rating for a target price of ₹3,250 per share citing likely gains from an upcycle in oil & gas spends by the US and Middle East.

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.

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.

Morepen Labs zooms 112% in 6 weeks; stock hits multi-year high; here's why

Morepen Laboratories' share price hit a multi-year high of ₹112.85, soaring 8 per cent on the BSE in Wednesday's intra-day trade.

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.

BSE Utilities index up 1%; JSW Energy, Torrent, Tata Power rally up to 4%

At 01:17 PM on Wednesday, the BSE Utilities index was the top gainer among sectoral indices up 1.2 per cent, compared to a 0.65 per cent decline in the BSE Sensex.

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.

IFCI share price spurts 11%, nears ₹100-mark after an 18-year gap

On Wednesday, IFCI quoted at its highest level since January 2008 and hit a record high of ₹121.20 on December 17, 2007.