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Stocks making the biggest moves midday: ONGC, Infoys, TCS, JSW Energy, Bharat Forge and more - financialexpress.com
Stocks making the biggest moves midday: ONGC, Infoys, TCS, JSW Energy, Bharat Forge and morefinancialexpress.com
Nifty trades below 23,600 level as intense selling continues on domestic bourses
The domestic equity barometers extended losses in early afternoon trade as rupee weakness, sustained foreign fund outflows, elevated crude oil prices, and renewed concerns over the fragile U.S.-Iran ceasefire weighed on investor sentiment. The Nifty continued to trade below the 23,600 level. Oil & gas shares witnessed some bit of value buying at lower levels.
Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCs
Since the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of petrol, diesel and cooking gas LPG at rates that are way below cost, unlike many global energy systems that imposed rationing or passed through steep price increases.
Top gainers and losers, May 6: IndiGo surges 6.7%, Tata Motors PV up over 5%; ONGC shares down 3% - Upstox
Top gainers and losers, May 6: IndiGo surges 6.7%, Tata Motors PV up over 5%; ONGC shares down 3%Upstox
Vedanta FY26 output hits record highs in Aluminium, Zinc; Hydrocarbon output slips
Vedanta Limited reported record FY26 production across aluminium, alumina and zinc, with alumina output surging 48% and mined metal at Zinc India hitting an all-time high. Power sales and copper output also posted strong growth. However, oil and gas production declined 16% year-on-year, weighing on overall performance.
Gujarat hikes LPG supply by 20 per cent; prioritises PNG connections
Gujarat is boosting LPG supplies by 20 percent to ensure uninterrupted availability. The state is also prioritizing Piped Natural Gas connections for hotels and restaurants where networks exist. Essential sectors like hospitals and educational institutions are receiving full LPG stock. This proactive approach aims to maintain smooth fuel distribution across all sectors.
BMW Industries Partners IOCL for Natural Gas | Zaggle Partners Blue Star for Expense Solutions | Top Buzzing Stocks Today - Equitymaster
BMW Industries Partners IOCL for Natural Gas | Zaggle Partners Blue Star for Expense Solutions | Top Buzzing Stocks TodayEquitymaster
Indices slide sharply amid Iran war jitters and crude price spike
The domestic equity benchmarks ended sharply lower on Wednesday as investors turned risk-averse amid escalating geopolitical tensions and a sharp surge in crude oil prices. The ongoing conflict involving the United States, Israel and Iran unsettled global markets, while the reported closure of the Strait of Hormuz pushed oil prices higher, raising concerns over inflation and energy costs. Sentiment was further dented by heavy selling from foreign institutional investors and the rupee slipping to a record low. Against this backdrop, the Nifty closed below the 24,500 mark. Barring the Nifty IT index, all other sectoral indices on the NSE ended in the red, with metal, PSU bank and oil & gas stocks leading the decline.
Stocks to watch: Amid US-Iran war, Tata Motors CV, ONGC, MRPL, Adani Ports among 10 shares in focus on Wednesday - Mint
Stocks to watch: Amid US-Iran war, Tata Motors CV, ONGC, MRPL, Adani Ports among 10 shares in focus on WednesdayMint
Stocks to Watch for March 4: ONGC, HPCL, Petronet, IGL, Cipla, Tata Motors CV, M&M and more
From all the Middle East-linked names, which continue to remain in the spotlight due to the Iran war, to stocks like Tata Motors CV, M&M, Affle 3I, these names should be on your radar going into Wednesday's trading session.
Watch | Sanjay Parekh on where he sees value in banks, IT, cement and telecom stocks
Sohum Asset Managers’ Founder & CIO, Sanjay Parekh, says markets look sluggish despite improving macro conditions, with Q3 Nifty earnings near 8–9%. He sees recovery in CVs (Ashok Leyland), credit growth at ICICI Bank and gradual picka a up in cement and steel. Portfolio stays domestic-focused: overweight telecom, NBFCs, industrials, cement, utilities, ports and logistics; underweight oil & gas and banks, zero FMCG. Watching IT names like Infosys and TCS, mid-cap tech (Persistent, Coforge, Mastek), defence HAL, quick commerce Zomato and Swiggy, and capital goods L&T, JSW Energy.
Taking Stock: Sensex, Nifty end flat as late selling erases gains; metals lead losses
Sectorally, FMCG and private banking stocks outperformed, whereas all other major indices ended in the red, with media, realty, energy, metal, oil & gas, and PSU bank indices falling 1-2%.