Market News
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India's middle class may have little room in the richer housing market
India's residential property market delivered one of its strongest first-half performances in over a decade, with home sales staying near record highs even as growth stabilised. Knight Frank India says premium housing is now driving the market, while affordable homes continue to shrink. Mumbai led sales, Bengaluru posted the fastest growth and NCR remained the weakest market.
Mutual funds pick fewer IPOs but deliver bigger returns in the first half of 2026
Mutual funds have turned more selective in India's IPO market, participating in only 19 of the 28 public issues in the first half of 2026, according to Prime Database. Despite bidding less, their stock selection has outperformed. Ten of the 11 IPOs led by mutual funds are trading above their issue price, with Omnitech Engineering surging 133%. As mega IPOs such as NSE, Jio and SBI Funds line up in the second half, investors will be watching whether mutual funds continue their disciplined approach or increase participation.Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.
GE Vernova T&D India Ltd soars 1.11%, rises for third straight session
GE Vernova T&D India Ltd is quoting at Rs 4694.8, up 1.11% on the day as on 12:49 IST on the NSE. The stock is up 101.24% in last one year as compared to a 3.82% fall in NIFTY and a 8.84% fall in the Nifty Energy index.
NTPC Green Energy Ltd soars 1.18%, rises for third straight session
NTPC Green Energy Ltd is quoting at Rs 94.09, up 1.18% on the day as on 12:49 IST on the NSE. The stock is down 16.13% in last one year as compared to a 3.82% gain in NIFTY and a 8.84% gain in the Nifty Energy index.
Bharat Heavy Electricals Ltd up for third straight session
Bharat Heavy Electricals Ltd is quoting at Rs 393.35, up 3.08% on the day as on 12:49 IST on the NSE. The stock is up 52.05% in last one year as compared to a 3.82% drop in NIFTY and a 8.84% drop in the Nifty Energy index.
Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.
Torrent Power Ltd spurts 1.08%, gains for third straight session
Torrent Power Ltd is quoting at Rs 1416.1, up 1.08% on the day as on 12:49 IST on the NSE. The stock is down 0.74% in last one year as compared to a 5.2% spurt in NIFTY and a 6.87% spurt in the Nifty Energy index.
10 Nifty 500 stocks plunge over 50% from 52-week highs. Do you own any?
Nifty 500 stocks experienced sharp declines, far exceeding index movements. Several companies saw their values drop by over fifty percent from recent highs. Reliance Power and Cohance Lifesciences are among the biggest losers in this market correction.
Ather Energy shares rally 270% in one year, but Nomura sees 22% more upside. Here’s why
Nomura increased Ather Energy's target price, expecting electric two-wheeler trends to accelerate. The brokerage sees Ather as a top pick to benefit from this EV momentum. New affordable scooter launches and a new plant will address a key market segment. Revenue growth is projected at 54% and 57% for FY27 and FY28. EBITDA is expected to improve, with PAT breakeven anticipated in FY29.
Cochin Shipyard among 5 F&O stocks with a sharp rise in futures open interest
Lodha Developers, Tata Elxsi, ABB India, Angel One and Cochin Shipyard saw futures open interest jump over 5% on July 8, signalling fresh positions and heightened trading activity.
Power Finance Corporation Ltd drops for fifth straight session
Power Finance Corporation Ltd is quoting at Rs 412, down 0.28% on the day as on 13:19 IST on the NSE. The stock tumbled 1.38% in last one year as compared to a 4.91% slide in NIFTY and a 1% fall in the Nifty Financial Services index.
Jaiprakash Power Ventures Ltd drops for fifth straight session
Jaiprakash Power Ventures Ltd is quoting at Rs 17.28, down 1.59% on the day as on 13:19 IST on the NSE. The stock tumbled 7.3% in last one year as compared to a 4.91% slide in NIFTY and a 6.97% spurt in the Nifty Energy index.