Page 8 - Stock Market Trading

Is MakeMyTrip weighing IDR route for India listing? Here's what it means

MakeMyTrip is reportedly evaluating IDR route over a traditional IPO as it looks to access Indian investors while managing tax exposure, regulatory complexity in its offshore structure

BHEL, SAIL hit multi-year highs, gain up to 39% in 1-mth; more upside left?

Analysts at JM Financial Institutional Securities have pegged an upside target of ₹393 per share on BHEL; whereas Axis Securities expects SAIL to rally toward ₹200-mark.

RBI's nod for NBFC licence sends MobiKwik shares flying 20% on bourses

The NBFC's operations, however, will commence upon receipt of the Certificate of Registration (CoR) from the RBI, subject to the fulfilment of certain conditions

Dynamatic Tech gains 6% to hit 52-week high; up 29% in April; here's why

For the month to date, Dynamatic Technologies share price has advanced 39.53 per cent, according to NSE data

Vedanta Q4 preview: Profit may jump up to 174% YoY; LME tailwinds in focus

Street expects Vedanta's profit to rise sharply in Q4, with adjusted PAT estimated to grow up to 174 per cent Y-o-Y, driven by higher realisations and improved operating performance across segments

Adani Green, Adani Energy surge up to 56% in April; Time to book profit?

Analysts at ICICI Securities downgraded Adani Green and Adani Energy to 'Add' rating post Q4 results, citing a sharp rally in the share prices.

Jefferies maintains 'Buy' on Paytm; sees growth intact despite PPBL curbs

Global brokerage firm Jefferies has reiterated its "Buy" rating on Paytm (One 97 Communications Ltd), stating that the company's growth engine and profitability will remain intact despite regulatory action on its associate entity Paytm Payments Bank Ltd (PPBL). The company has maintained its price target of Rs 1,350, implying an 18 per cent upside. In its latest report, Jefferies stated that Paytm had already undertaken comprehensive structural changes over the past two years, following the regulator's 2024 restrictions on PPBL. These include shutting down the wallet business tied to the bank, migrating UPI handles to other partner banks, terminating inter-company agreements, and writing off its investment in the banking entity. Post the central bank's action, PPBL's board was reset, with a new chief executive being brought in, the brokerage firm noted. With these structural changes already complete, the brokerage said the licence cancellation itself has a low incremental impact on

Cohance Lifesciences shares zoom 20% to hit upper circuit; here's why

Cohance Lifesciences share price today: Cohance Lifesciences, a contract development and manufacturing organisation, has appointed Cipla's ex-CEO Umang Vohra as its executive chairman and group CEO.

Sun Pharma rallies 6%, top gainer among Sensex stocks; here's why

Sun Pharma to acquire all outstanding shares of Organon for $14.00 per share in an all cash transaction with an enterprise valuation of $11.75 billion.

Maruti Suzuki Q4 preview: What to expect from country's largest carmaker

The Street expects the country's largest carmaker to deliver a steady yet margin-sensitive Q4FY26 performance

Gold, silver may face selling pressure as Fed meeting, US-Iran talks loom

Gold and silver may face some selling pressure this holiday-shortened week as traders track peace talks between the US and Iran, crude oil rates and the Federal Reserve's policy decision, analysts said. Domestic commodity markets would remain closed on Friday on account of Maharashtra Day. "Focus in the coming week will remain on the progress in peace talks between the US and Iran, and their potential impact on oil, gold, and broader financial markets," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On the macroeconomic front, traders will monitor monetary policy decisions from the US Federal Reserve, Bank of Japan, Bank of England and European Central Bank. Besides this, key US data on housing, Personal Consumption Expenditures (PCE) inflation and consumer confidence, along with factory activity numbers from major economies later in the week, will also guide sentiment, he added. Analysts said the April 29 Federal Open Market ...

West Asia situation, crude oil prices likely to steer markets this week

The geopolitical situation in West Asia, particularly developments around the Strait of Hormuz, Q4 earnings from corporates and crude oil prices are the major factors to drive sentiments in the stock market in a holiday-shortened week ahead, analysts said. Stock markets would remain closed on Friday for Maharashtra Day. "Looking ahead, markets are expected to remain highly news-driven and volatile, with key focus on developments in US-Iran negotiations, trends in crude oil prices, and broader global cues. Stability or a decline in oil prices could help ease macro concerns and support risk sentiment, while any escalation or prolonged disruption in the Strait of Hormuz may trigger renewed volatility and profit booking," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. The ongoing Q4 earnings season is expected to act as a key catalyst for stock-specific price action, with market participants closely tracking reported numbers, forward guidance, and sectoral

Sebi proposes to tighten variable net worth regulations for brokers

Variable net worth to include 10% of the average credit balance of clients over the previous six months

Market Close: Sensex slumps 1,000 points, Nifty ends below 23,900 on escalating West Asia tensions

Sensex Today | Stock Market LIVE Updates, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.96 per cent and 0.87 per cent down, respectively

Ashish Kacholia portfolio stock Shaily Engineering soars 31% in 3 days

The average trading volumes at the Shaily Engineering counter more than doubled with a combined 1.5 million shares changing hands on the NSE and BSE in Friday's intra-day trade.

Onesource Specialty Pharma up 5% in weak market; rallies 21% in one week

The company will continue to derive strength from the existence of experienced promoters and positive outlook for the GLP1 segment, which is expected to yield revenue to the company from FY27 onwards.

Aditya Birla Sun Life AMC hits new high, stock gains 5% post Q4 earnings

The company has traditionally been stronger on debt side while on equity side, it has consistently been losing market share for which the stock trades at a considerable discount to other larger peers.

Azad Engg hits record high, up 51% in a month; what's fueling the buying?

In the past month, Azad Engineering shares have zoomed 51 per cent, as against a 6 per cent fall in the benchmark Sensex.

Himadri Speciality surges 9%, hits 52-week high in weak market; here's why

Himadri Speciality said it has decided to remain firmly focused on disciplined capital allocation to drive sustainable returns and maintain a robust ROCE profile.

Hitachi Energy hits new high in weak market; IDBI Capital initiates 'Buy'

IDBI Capital believes that Hitachi Energy India is a potent play amid a growing theme of power transmission in India