BUSINESS
Adani Energy shares jump 7% on deal with REC arm to buy out Mahan Transmission
Adani Energy Solutions has signed a share purchase agreement with Maharatna PSU REC's subsidiary to acquire 100 percent stake in Mahan Transmission Limited (MTL).
BUSINESS
United Spirits shares surge 2% after alcoholic beverage-maker declares interim dividend of Rs 4
In another exchange filing, the company said that its board has approved the appointment of Praveen Someshwar as the Managing Director and Chief Executive Officer for a period of five years.
BUSINESS
Lupin, Zydus Life, other shares plunge up to 7%, as fears of Trump's pharma tariffs spook investors
Trump had earlier said on March 24 that he will announce tariffs on automobiles, pharmaceuticals and aluminum in the near future. With the new tariffs in place for automobiles, investors worry that pharmaceuticals may be next on the list.
BUSINESS
BoB, PNB lead as PSU banking shares rise to support benchmarks, a day after key bill sails through
The Nifty PSU Bank index is currently the top gaining sector among NSE indices, supporting gains on Sensex and Nifty, which are higher after a muted start. Bank of Baroda was the top gainer on the index with Citi maintaining a Buy rating and opening a 'positive catalyst watch' on the stock.
BUSINESS
Bharat Dynamics shares rise 2% after PSU firm receives Rs 4,362-crore order from Ministry of Defence
BDL shares have seen significant surge in recent days, rising over 30 percent in the past one month.
BUSINESS
Trent shares surge 3% after Westside expands store count to 244 with 3 new additions
The store portfolio of Westside has strongly surged from the 238 units it had reported at the end of the December quarter of the current financial year.
BUSINESS
Zomato, Swiggy shares tumble up to 3% after BofA Securities downgrades stocks, cuts target prices
Zomato shares have fallen nearly 29 percent in 2025 so far, while Swiggy shares steeply fell around 40 percent during the period
BUSINESS
IREDA shares in focus after firm's board approves Rs 30,800 crore borrowing plan for FY26
Geojit Financial Services has kept a 'Buy' rating on the stock, with a target price of Rs 196 per share. This implies an upside potential of nearly 15 percent from the stock's previous closing price.
BUSINESS
Small, midcap indices down up to 2%, snap six day-rally as gains fizzles amid tariff overhang
The broader market indices underperformed benchmark index Nifty, which too was off highs as investors assessed the durability of the rally and tariff-related news flow.
BUSINESS
HCL Tech shares jump 3% after firm becomes Western Union's 'largest preferred partner'
HCL Tech and Western Union will set up a new India-based technology center in Hyderabad.
BUSINESS
Selloff in leading shares of drugmakers after Trump hints at tariffs on pharma imports
Currently, US charges nearly zero duties on pharmaceutical imports. India on the other hand imposes around 10 percent tax on pharma imports from US.
BUSINESS
Poonawalla Fincorp shares rise 4% on launching AI-powered underwriting, up 24% in six sessions
Poonawalla Fincorp's stock is currently one of the top gainers on the Nifty Midcap index, having recovered over 30 percent after hitting a 52-week low on March 4, 2025.
BUSINESS
Small, midcap indices extend gains for a sixth session on continued buying
The Nifty Midcap 100 index rose over 1.4 percent, crossing the 52,000-mark for the first time in over one month.
BUSINESS
Bank Nifty rises for 8th day: Index surges 2%; Kotak Mahindra Bank shares hit three-year high
This is the highest level seen by the Nifty Bank index since early January; ICICI Bank, Axis Bank also contribute to the rally on Monday.
BUSINESS
Nifty Midcap extends rally for a fifth session to gain 8% this week, strength likely to continue
Strong investor interest has meant the midcap index has outperformed the benchmark Nifty 50 index, which is up nearly 4 percent for the week at above 23,300.
BUSINESS
BHEL shares jump 3% after firm wins Rs 7,500-crore order from Gujarat State Electricity Corporation
BHEL shares have now extended gains for the fifth consecutive session. The stock has now strongly recovered after hitting a 52-week low of Rs 176 per share on March 3.
BUSINESS
RVNL shares jump 3% after bagging Rs 554 crore NHAI order in Andhra Pradesh
RVNL shares have extended gains for a fourth consecutive session, jumping nearly 13 percent since March 17.
BUSINESS
BDL, HAL, other defence stocks surge up to 6% on DAC's nod for Rs 54,000 crore acquisition plans
The rally in the share prices pushed the Nifty India Defence index up over a percent, extending gains for a seventh consecutive session.
BUSINESS
Senco Gold shares hit 5% upper circuit for third consecutive day as promoter raises stake
In an exchange filing released on March 19, Senco Gold announced that its promoter Jai Hanuman Shri Siddhivinayak Trust has acquired 0.05 percent stake through the open market on March 18.
BUSINESS
IREDA launches first-ever perpetual bonds to raise Rs 1,247 crore
The PSU called perpetual bond issue a 'strategic move' to enhance Tier-I capital to back the expansion of green energy infrastructure, and comes days after the board hiked the borrowing limit for FY25 to Rs 29,200 crore.
BUSINESS
Polycab, Havells, KEI shares plunge up to 13% on Adani's foray into cables and wires
Adani Enterprises said its wholly-owned subsidiary Kutch Copper has completed the incorporation of the joint venture company named ‘Praneetha Ecocables’.
BUSINESS
IndusInd, SBI, others rise up to 4% as momentum takes Bank Nifty higher for a fifth session
Axis Securities predicted a bullish outlook for Nifty Bank, as well as the benchmark Nifty 50 index.
BUSINESS
Bajaj Healthcare shares rally nearly 10% as firm gets SEC-CDSCO nod for clinical trials of anti-seizure drug
Bajaj Healthcare said that it aims to provide a safe and effective treatment option for epilepsy patients in India through the 'Cenobamate' tablets.
BUSINESS
Metals add shine to Nifty's rise to month high as Hindalco, steel stocks surge
China has unveiled a special action plan to boost domestic spending by increasing residents' income. Additionally, uncertainties around Trump tariffs continue to persist.
