Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Top Gainers & Losers on June 5: Adani Green, Ather Energy, OLA, CarTrade Tech, YES Bank among top gainers
In terms of weekly performance, the Nifty 50 lost 0.8% of its value, extending its losing streak to a second straight week, while the Sensex also closed lower for the second consecutive week.
Groww, Motilal Oswal, Angel One Race To Build Wealth Businesses Beyond Trading
Brokerages are expanding into wealth management, insurance, lending, alternatives and asset management as they seek recurring revenue streams and reduce reliance on trading activity.
Zensar Tech Shares May Rally Up to 31%, Says Motilal Oswal; Retains Buy on AI-Led Growth Visibility — Check Target Price
Motilal Oswal remains constructive on Zensar, citing improving deal momentum, a differentiated AI strategy, and strong medium-term growth visibility supported by a large deal win.
Lenskart Sees Target Price Hike After Q4 Beat — Check Upside, Key Triggers and More By Motilal Oswal
Lenskart remains a well-positioned consumer-tech play with scalable growth drivers, supported by its integrated business model and expanding global footprint: Motilal Oswal
Aditya Birla group, KKR left in race for Sprng Energy
Aditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negotiate with the top two contenders next week. India's National Investment and Infrastructure Fund and Actis are out of the running. The deal could be worth around $2 billion. Shell is reviewing strategic options for Sprng Energy.
Dixon Tech shares jump 6% despite weak Q4 results. Do Goldman Sachs, Motilal Oswal forecast further upside?
Dixon Technologies' shares saw a rally despite a 36% drop in March quarter net profit. Revenue from operations increased by 2% year-on-year. Brokerages offer mixed views, with Goldman Sachs maintaining a 'Sell' rating due to weaker mobile segment performance, while Motilal Oswal and JM Financial suggest 'Buy' and 'Add' respectively, citing potential growth drivers like PLI 2.0.
KPIT Tech to Eternal - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment
The Indian stock market is set for a muted start, with GIFT Nifty trading at 23,431. The Sensex and Nifty 50 have declined for four consecutive sessions, driven by rising crude oil prices and foreign fund outflows, indicating a negative short-term trend.
Tata Tech shares soar over 7% after Q4 results, but Motilal Oswal sees 15% downside; here’s why
Tata Technologies shares surged following strong March quarter results. The company reported a net profit of Rs 204 crore, an 8% increase from the previous year. Revenue also saw a significant jump of 22%. This performance has boosted investor confidence. Experts remain watchful of future execution and demand sustainability.
Tech Mahindra shares fall nearly 2% after Q4. Goldman Sachs, Motilal Oswal, other brokerages weigh in
Tech Mahindra shares slipped after reporting a 16% rise in quarterly profit, with revenue growth supporting sentiment despite cautious outlooks. The stock remained under pressure as brokerages flagged valuation concerns, even as strong deal wins and AI-led momentum provided some support, keeping short-term price action mixed amid uneven market response.
The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leaders
Indian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Lenskart, Meesho, and PhysicsWallah. This shows growing confidence from domestic investors in these tech-focused businesses. Brokerages are also initiating coverage with positive outlooks. This trend indicates a significant shift in institutional capital towards India's new-age economy.
Nifty IT lags again after sharp fall, but March stability raises hope worst may be priced in
Abhishek Pathak of Motilal Oswal prefers HCLTech and Tech Mahindra among large-cap IT stocks, while highlighting Coforge and Mphasis as attractive midcap picks, citing strong deal visibility, better valuations, and higher agility in adapting to AI-led changes.
SBI MF buys 4% in Urban Company via bulk deals; Wellington, others pare stake
SBI Mutual Fund acquired a 4% stake in Urban Company for ₹632 crore through bulk deals, while existing investors including Wellington and DF International Partners pared holdings in the company.