Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Examination system in crisis: The urgent need to shift focus from cost to capability
Recent examination fiascos highlight a critical need to reform India's testing system. Current procurement practices favor low costs over essential capabilities. This approach compromises physical security, cybersecurity, personnel quality, and real-time monitoring. A shift towards evaluating demonstrated capability, resilience, and accountability is crucial. This will rebuild trust in the examination ecosystem and ensure fairness for students.
Tata Sons won't discuss Chandrasekaran's third term at board meet on Friday
Tata Sons' board is not expected to discuss a third term for chairman N Chandrasekaran at its meeting this week, despite having deferred a decision on his reappointment in February. The board will instead focus on the group's FY26 performance and plans for the current fiscal year.
Rohit Srivastava sees market near key support, favors metals and pharma
Rohit Srivastava, Founder of Indiacharts and Strike Money, believes Indian markets are nearing a critical support zone and may be in the final phase of the current pullback. He says the broader market remains resilient despite weakness in benchmark indices, which supports the case for a rebound. Srivastava remains positive on metals and pharma stocks, cautious on IT and FMCG, and expects the RBI to focus on liquidity measures rather than rate hikes amid global uncertainties.
BlueStone gains 6% as JM Financial reiterates 'Buy', sees over 20% upside
At the current market price, JM Financial sees an upside potential of over 20 per cent and has maintained a target price of ₹650 per share
Explained: Why Indian stock market has fallen prey to South Korea, Taiwan’s AI prowess
South Korea's stock market has surged past India's, becoming the world's sixth-largest, driven by its semiconductor giants' AI boom. India faces headwinds from a weakening rupee and lack of AI exposure. Despite current challenges, Morgan Stanley remains optimistic about India's long-term growth prospects, citing improving earnings and macro support.
Senco witnesses 6% drop in gold sales; customers bullish on silver, diamond
Senco Gold saw gold volumes decrease by 6% in FY26. However, silver and diamond sales increased significantly. The company achieved its highest-ever Q4 retail sales, boosted by wedding and gifting demand. Senco Gold anticipates over 20% revenue growth in the current fiscal year, driven by its expanding network and brand strength.
Ola Electric set for sharp Q1 rebound as registrations cross Q4 levels
Ola Electric is witnessing a strong sales recovery, with current-quarter registrations already surpassing the previous quarter's total. The EV maker expects quarterly volumes to nearly double as demand rebounds, supported by a focus on disciplined growth, operational efficiency, and market expansion.
NFP Sampoorna Foods IPO allotment in focus today; latest GMP, step-by-step guide to check status
NFP Sampoorna Foods IPO allotment date is 21 May. Investors can verify their status on Skyline Financial Services' website. Refunds for non-receivers commence on 22 May, with shares credited to successful applicants' accounts. Current IPO GMP is ₹0.
Metro Brands Q4 Review: ICICI Securities Lower Target Price But Maintains 'Add' On Strong Earnings Visibility — Check Upside
ICICI Securities has maintained its Add' rating on Metro Brands while cutting the target price, implying a modest upside from current levels.
Zydus LifeSciences Shares in Focus: Motilal Oswal Maintains Neutral Rating on Limited Upside — Check Revised Target Price
The current valuation provides limited upside and hence, Motilal Oswal has maintained Neutral rating on Zydus Lifesciences.
Simca Advertising IPO allotment in focus today; latest GMP, 6 steps to check status
Simca Advertising IPO allotment will be finalised on 13 May. Investors can check the status on MUFG Intime India Pvt. Ltd. 's portal. The IPO opened on 8 May and closed on 12 May, with a current grey market premium indicating a listing price of ₹192.
Sensex to hit 89,000? Why Morgan Stanley is betting big on India Inc after 6-quarter slowdown
Morgan Stanley has turned more bullish on India, forecasting the BSE Sensex could rise to 89,000 by June 2027, implying around 15% upside from current levels. Strategist Ridham Desai said India is emerging from a six-quarter earnings slowdown into a stronger growth phase after a “mid-cycle” pause.