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Debaroti Adhikary

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M&M shares rise 3% to extend gains for a second day after bullish brokerage calls

BUSINESS

M&M shares rise 3% to extend gains for a second day after bullish brokerage calls

The rebound in M&M shares comes after a sharp fall the previous week when it clocked its biggest single-day fall in nearly 7 months on February 21. The sentiment in domestic auto majors took a hit on worries of impact of Elon Musk-led Tesla's entry into India.

TCS, HCL Tech, M&M see heavy trading volumes amid market downturn

BUSINESS

TCS, HCL Tech, M&M see heavy trading volumes amid market downturn

IT stocks continue to see strong selling pressure amid concerns surrounding US' slowing economy.

BSE, Angel One, other capital market stocks tumble up to 3% as bears reign over benchmarks

BUSINESS

BSE, Angel One, other capital market stocks tumble up to 3% as bears reign over benchmarks

As markets continue to see a persistent decline, retail investors' interest could be on the wane, which is considered a negative for the capital market stocks

Nifty Auto recovers 1% from day's low as concerns over Tesla's India entry ease

BUSINESS

Nifty Auto recovers 1% from day's low as concerns over Tesla's India entry ease

CLSA recently said that the entry of Elon Musk-led Tesla won't significantly impact the already existing automakers in the domestic market; Jefferies sees up to 53% potential upside for M&M stock

Nifty Bank drops 1%, extends losses for 3rd day as IndusInd, HDFC Bank shares lead decline

BUSINESS

Nifty Bank drops 1%, extends losses for 3rd day as IndusInd, HDFC Bank shares lead decline

This comes amid a lower market sentiment, with most of the sectoral indices standing in the red.

Tesla's India entry won't have a significant impact on Tata Motors, Maruti, Hyundai: CLSA

BUSINESS

Tesla's India entry won't have a significant impact on Tata Motors, Maruti, Hyundai: CLSA

Tesla's cheapest car model retails for over $35,000 (over Rs 30 lakh) in US. This is significantly higher than the average selling price of cars in India, which stands at nearly Rs 12 lakh, CLSA noted in its recent report.

F&O entrant IREDA's shares up 4%, extending gains for a third day on high volumes

BUSINESS

F&O entrant IREDA's shares up 4%, extending gains for a third day on high volumes

The recent rally in IREDA share price was fuelled after NSE announced the addition of the futures and options (F&O) contracts of the stock from February 28 onwards.

Bank Nifty falls 1% as all constituents trade in red; Kotak, ICICI Bank down up to 1.5%

BUSINESS

Bank Nifty falls 1% as all constituents trade in red; Kotak, ICICI Bank down up to 1.5%

The markets are still reeling under the effect of concerns over potential new tariffs from US President Donald Trump and cautious signals from US Federal Reserve officials

LK Mehta Polymers shares make flat listing on BSE SME platform

BUSINESS

LK Mehta Polymers shares make flat listing on BSE SME platform

Ahead of the listing, the unlisted shares of the company were trading with a grey market premium (GMP) of 7 percent over the SME IPO price at Rs 76, as per data on Investorgain.

Paytm launches India's first solar energy-powered soundbox

BUSINESS

Paytm launches India's first solar energy-powered soundbox

The 4G-connected device is designed specifically for India's small merchants, including hawkers, cart vendors, artisans, craft sellers and other street vendors, Paytm said

Small, midcap indices extend rise to 2nd day: Linde India, Windlas Biotech among top gainers

BUSINESS

Small, midcap indices extend rise to 2nd day: Linde India, Windlas Biotech among top gainers

'Both Smallcap and Microcap indices have formed bullish engulfing candlestick patterns on the daily chart, indicating a probable trend reversal,' says Vinay Rajani, Senior Technical & Derivative Analyst at HDFC Securities.

Tata Tech, IREDA stocks to enter F&O segment from February 28 on NSE; shares trade in green

BUSINESS

Tata Tech, IREDA stocks to enter F&O segment from February 28 on NSE; shares trade in green

Investors will be able to participate in F&O contracts of the two securities as the March series begins, following the expiry of the ongoing February series on February 27.

'Will check with the President': Musk on proposal of $5,000 checks to US taxpayers using DOGE savings

BUSINESS

'Will check with the President': Musk on proposal of $5,000 checks to US taxpayers using DOGE savings

American investor and Azoria Co-founder James Fishback proposed the idea of a 'DOGE Dividend' in a post on X (formerly Twitter).

'Musk's Tesla factory in India would be very unfair,' says Trump

BUSINESS

'Musk's Tesla factory in India would be very unfair,' says Trump

"I told Prime Minister Narendra Modi yesterday...India charges the highest tariffs in the world," Trump said.

Tesla in India: Elon Musk's firm posts job opening for Pune after Mumbai, Delhi

BUSINESS

Tesla in India: Elon Musk's firm posts job opening for Pune after Mumbai, Delhi

Tesla is reportedly planning to set up its showrooms in Mumbai's business district of BKC, and at Aerocity in New Delhi.

TCS, Infosys, other IT stocks fall up to 3% amid uncertainty over Trump tariffs

BUSINESS

TCS, Infosys, other IT stocks fall up to 3% amid uncertainty over Trump tariffs

US President Donald Trump on February 13 had announced reciprocal tariffs in a bid to reduce the US' trade deficit with other countries. This move is expected to make investors to move away from export-oriented stocks, including IT and pharma.

Swiggy, Zomato shares recover after Q3 woes, gain up to 14% in 4 sessions; here's what brokerages say

BUSINESS

Swiggy, Zomato shares recover after Q3 woes, gain up to 14% in 4 sessions; here's what brokerages say

CLSA has said that Zomato and Swiggy are among its top ideas for the long-term

RVNL shares jump 11%, snap 3-day losing streak over Rs 554-crore Karnataka project

BUSINESS

RVNL shares jump 11%, snap 3-day losing streak over Rs 554-crore Karnataka project

Rail Infrastructure Development Company (Karnataka) Limited has placed the order for the construction of 9 stations - 1 elevated and 8 at-grade stations for the Bengaluru Suburban Rail Project (BSRP).

Tech Mahindra, NTPC, Zomato shares lead over 400-point recovery on Sensex from day's low

BUSINESS

Tech Mahindra, NTPC, Zomato shares lead over 400-point recovery on Sensex from day's low

Tech Mahindra and NTPC shares jumped nearly 3 percent each to become the top gainers on the index.

GSK Pharma shares jump 15%, extend gains to 2nd straight day after strong Q3 results

BUSINESS

GSK Pharma shares jump 15%, extend gains to 2nd straight day after strong Q3 results

GSK Pharma had reported a consolidated net profit of Rs 230 crore for Q3 FY25. This marks a significant surge of nearly 400 percent from the Rs 46 crore net profit reported in Q3 of previous financial year.

Nifty IT index snaps 7-day losing streak as LTI Mindtree, Infosys shares jump up to 2%

BUSINESS

Nifty IT index snaps 7-day losing streak as LTI Mindtree, Infosys shares jump up to 2%

This comes as the Indian rupee opened 5 paise lower, threatening to breach the 87 mark again against the US dollar.

Paytm partners with SBI MF to launch Rs 250 SIP under 'JanNivesh' scheme: How to set up on your phone

BUSINESS

Paytm partners with SBI MF to launch Rs 250 SIP under 'JanNivesh' scheme: How to set up on your phone

The scheme provides flexible SIP options, including daily, monthly, or weekly contributions, to suit the varied financial needs and preferences of customers.

Nifty Bank recovers 600 points from day's low; IndusInd, HDFC Bank shares gain up to 2%

BUSINESS

Nifty Bank recovers 600 points from day's low; IndusInd, HDFC Bank shares gain up to 2%

The shares of IndusInd Bank were the top gainer on the index, trading over 2 percent higher at Rs 1,046 apiece

Small, midcap indices tumble in a broad-based downturn: Key stocks under selling pressure

BUSINESS

Small, midcap indices tumble in a broad-based downturn: Key stocks under selling pressure

ICICI Pru AMC's veteran CIO S Naren had advised caution regarding SIP investment in mid and smallcap stocks. "We think it is a clear time to take out lock, stock, and barrel from small- and mid-caps," he had said.

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