BUSINESS
SBI stock rises nearly 2%; PSU banks rally, Nifty Bank up as SBI Mutual Fund IPO filing lifts sentiment
The upmove in SBI shares comes after its joint venture asset manager, SBI Funds Management, filed draft papers with market regulator Sebi for an IPO. The proposed listing is being seen as a key value unlocking trigger for SBI, given the scale and profitability of its mutual fund business.
BUSINESS
OMC stocks rally up to 3.5% as crude cools; HPCL, IOC, BPCL lead gains, Reliance jumps over 3%
The Nifty Oil & Gas index outperformed the broader rally, while the Nifty Energy index also gained, reflecting strength across upstream, downstream and gas-linked companies. OMC stocks led the gains, while other oil & gas shares also traded higher.
BUSINESS
IT stocks rise up to 3% after Accenture raises growth guidance; TCS, Infy up 1-2% as brokerages eye AI tailwind
Select IT stocks rose up to 3 percent, while heavyweights such as Infosys and TCS were also up by 1-2 percent each today. The trigger for the move was Accenture’s combination of top-end revenue growth, improved guidance visibility, and steady deal bookings.
BUSINESS
Sensex, Nifty rebound over 1% today after sharp crash; IT, financial stocks lead recovery as crude oil cools
Sensex and Nifty rebounded sharply on Friday, rising over 1 percent. Global sentiment improved overnight as crude oil prices eased to around $105 per barrel from highs. IT stocks led the rebound. Sectorally, all major indices traded in the green.
BUSINESS
HDFC Bank shares extend fall after chairman exit; stock slips 1.7% today despite market rebound
The continued weakness in HDFC Bank stock comes after the stock had already declined 5.1 percent in the previous session. However, regulatory and management reassurances have helped limit deeper downside concerns.
BUSINESS
HDFC Bank stock rating - 'buy'; brokerages eye up to 55% upside, see no governance concerns post chairman exit
HDFC stock rating and share price target: Brokerages have retained their bullish calls on HDFC Bank stock. They see no material governance concerns despite part-time Chairman Atanu Chakraborty's resignation. Jefferies and Motilal Oswal Financial Services have rated HDFC Bank shares as 'buy', with a potential 55 percent upside.
BUSINESS
Capital market stocks rally up to 8% as Nifty extends gains for third day; Angel One, KFin Tech, Nippon lead
The rally in capital market stocks comes as benchmark indices rebound after a sharp correction, with investors returning to equities amid improving global cues and easing concerns around crude oil prices.
BUSINESS
CLSA dismisses AI threat to IT firms, Nifty IT jumps nearly 3%; Infosys, TCS, HCL Tech among top gainers
CLSA said that in its discussions with major IT firms including TCS, Infosys, HCL Tech and Wipro, the brokerage found no evidence of increased pricing deflation in contract renewals due to the latest AI tools from Anthropic and OpenAI.
BUSINESS
Nifty IT extends gains to over 3% as rebound strengthens; Infosys, TCS, HCL Tech lead, dominate Nifty gainers
All major IT stocks traded firmly higher on Wednesday, reversing losses from the previous session. The rally extended to midcap IT names as well.
BUSINESS
Sensex, Nifty open higher for third day as global cues support; IT, auto stocks lead gains, volatility cools
Sensex and Nifty were up by about 0.5 percent each in the early morning trade on Wednesday, supported by firm global cues and easing volatility. Asian markets rallied, and Wall Street ended higher overnight. Crude oil prices, though still elevated, showed signs of cooling.
BUSINESS
Nifty may fall to 21,000 if crude stays above $100 amid US-Iran war; use correction to buy these stocks: Emkay
Emkay warned that the current market correction may not yet be over. Even so, the potential crash is seen only as temporary, which should be used to invest in select beaten down stocks for long term opportunity.
BUSINESS
Nifty Midcap, Smallcap indices extend rebound, rise up to 0.7% after 4-day fall; metals lead gains
The recovery in midcap and smallcap markets today was led by strong gains in metal-linked and capital goods stocks. IT and FMCG stocks remained under pressure.
BUSINESS
Auto stocks extend yesterday's rebound; Nifty Auto jumps 2% after recent 15% fall, M&M, Maruti lead gains
The Nifty Auto index was the top performer among NSE indices on Tuesday. Gains were broad-based across auto manufacturers and ancillary companies. Stock-specific developments also aided sentiment, such as a price hike announced recently by Tata Motors.
BUSINESS
Nifty IT index falls over 2% to near 3-year low; Wipro, Infosys, TCS among top Nifty losers
The sharp decline in IT stocks today comes even as the broader market traded near the flatline, highlighting sector-specific pressure. All major IT stocks were under pressure with the IT stocks dominating the Nifty top losers list.
BUSINESS
Sensex, Nifty open flat after yesterday's rebound; IT drags, volatility eases amid mixed global cues
Sensex and Nifty hovered near the flatline in the opening trade on Tuesday after a sharp rebound in the previous session. Global cues remained supportive but mixed. However, crude oil prices edged higher again, while institutional flows continued to weigh on sentiment.
BUSINESS
IDBI Bank stock crashes 16% after reports govt may scrap majority stake sale due to low price bids
The government is likely to scrap the bids received for selling its majority stake in IDBI Bank as the offers fell short of the reserve price set for the transaction, according to reports.
BUSINESS
Sensex, Nifty flat in opening trade after last week’s sharp sell-off; metals gain while oil & gas stocks lag
While BSE Sensex and NSE Nifty 50 were trading near the flatline in the early morning session on Monday, the sentiment remained cautious amid elevated crude oil prices, persistent foreign institutional investor (FII) selling and ongoing geopolitical tensions in the Middle East.
BUSINESS
Renewable energy stocks cool off after Thursday rally; Solex, Borosil, Inox Wind fall as broader market weakens
Among renewable energy stocks, several counters slipped after Thursday’s surge. Solex Energy was among the biggest losers. However, some renewable energy counters remained in positive territory despite the broader market weakness.
BUSINESS
Auto stocks crash: Nifty Auto falls over 3.5%, down 11% this week; Maruti, M&M among top Nifty losers
Selling was broad-based across major automobile and auto-component stocks on Friday. JPMorgan said geopolitical tensions and rising commodity prices are creating dual risks for the Indian auto sector -- cost inflation as well as potential production disruptions.
BUSINESS
Sensex, Nifty extend losses for third day as crude near $100, weak global cues weigh; banks, IT drag
Benchmark Indian equity indices Sensex and Nifty fell about 0.8 percent in the opening trade on Friday. The weakness comes as global cues remained weak. US stocks fell sharply overnight, Asian markets followed the negative lead, and crude prices remained near critical levels.
BUSINESS
Solar, wind stocks surge up to 12% as crude oil price spike and Gulf tensions boost renewable energy bets
Renewable energy stocks bucked the trend of the broader market fall, as investors rotated into companies linked to solar and wind power. Rising crude oil prices and geopolitical tensions in the Middle East strengthened investor interest in alternative energy plays.
BUSINESS
Gas stocks jump as supply fears ease after govt steps; Adani Total Gas surges 9%, MGL, Petronet LNG gain
Energy-linked stocks bucked the trend of broader market fall, with the Nifty Energy index rising about 1.9 percent and the Nifty Oil & Gas index gaining around 0.9 percent. The rally in gas stocks followed the government’s move to stabilise domestic fuel supplies amid geopolitical disruptions.
BUSINESS
Nifty Auto crashes over 3% as crude tops $100 again, LNG fears add pressure; M&M, Maruti among top Nifty losers
The Nifty Auto index ended 3.2 percent lower, the steepest fall among sectoral indices, as rising energy costs and supply-chain concerns weighed on stocks. High crude oil prices can add to fuel cost pressures for customers, while shortage of gas could disrupt component production.
BUSINESS
Jio Financial Services stock rated ‘buy’, Motilal Oswal sees 48% profit CAGR; check target price, upside
Motilal Oswal expects Jio Financial Services' consolidated net profit to grow at a compound annual rate of about 48 percent between FY26 and FY28, driven by the scaling up of lending, payments, asset management, and insurance businesses. The company offers a structural growth opportunity as India’s financial services ecosystem expands.
