Tube Investments of India, Ashok Leyland were among the major laggards. Both counters fell over 3 per cent as the Brent price surged to $85 per barrel mark, adding pressure on auto stocks.
Analysts attributed the fall in retail participation to heightened market volatility, geopolitical and macroeconomic uncertainties, and rich IPO valuations that reduced the scope for listing gains
UBS initiated coverage on CarTrade with a Buy rating and price target of ₹4,000, driven by significant top-line growth, as current revenue across its platforms represents only 3-4% of TAM.
Welspun Corp announced receipt of fresh large orders worth ₹1,400 crore for supply of pipes for oil & gas export projects, from its India facility.
Today's rally in Nuvoco Vistas Corporation was buoyed by the company's Q1 results, in which its consolidated profit rose 20 per cent Y-o-Y to ₹159.63 crore.
According to reports, Mylan, which is part of Viatris, planned to sell up to 5.64 per cent stake in Biocon, worth up to ₹3,481 crore in block deals today.
HCL Tech reported a 20.3 per cent increase in net profit for the first quarter to ₹4,624 crore on a year-on-year basis. Revenue for the quarter was up 13.9 per cent to ₹34,579 crore.
Equirus Securities has assigned a target price of ₹653 for JSW Energy, implying an upside of 15 per cent. Similarly, Torrent Power received a target price of ₹1,515, suggesting over 5 per cent upside
Shrikant Chouhan of Kotak Securities continues to like Deepak Nitrite from a near-term perspective, as elevated phenol spreads and a stronger Q1FY27 should support robust earnings
The Nifty Midcap 50 and Smallcap 50 have gained 21 per cent and 29 per cent thus far in FY27 led by strong gains in BHEL, Laurus Labs, Prestige Estates, Aegis Logistics and Welspun Corp.
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.01 per cent and 0.03 per cent higher, respectively
As per reports, Voltas has increased prices across the RAC portfolio by 2.5 per cent to 3 per cent.
he says that even a modest improvement in performance could trigger catch-up buying and support the next leg of the market rally
SME stock: Share price of Exato Technologies hit an all-time high of ₹613.85, surging 19 per cent on the BSE backed by heavy volume in Monday's intra-day trade.
At 12:44 PM on Monday, the Nifty IT index was the top gainer among sectoral indices, up 4.24 per cent, as compared to 0.01 per cent rise in the Nifty 50.
Analysts expect limited impact on BHEL from the government's move to allow four Chinese electrical equipment companies to participate in PSU tenders for HV transformers and GIS equipment.
Notably, aviation turbine fuel (ATF) accounts for about 40 per cent of airline operating expenses, making airlines highly sensitive to crude prices.
In the past three months, OFSS stock outperformed the market by surging 65 per cent, as compared to a 0.52 per cent rise in the BSE Sensex.
JSW Infra is expected to be on a strong long-term growth trajectory over FY26-FY30 backed by expansion of ports capacities, strengthening logistics network and inorganic growth opportunities.
Among the Nifty constituents, TCS, Infosys, and HCL Technologies emerged as the top gainers, while Grasim Industries and Tata Steel ended among the top losers.