Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Polycab shares rise 6% as HSBC raises price target to ₹9,500; Here are key upside triggers
HSBC said its execution-driven market share gains in wires and cables and the FMEG margin expansion is set to drive an estimated 20% earnings per share (EPS) compound annual growth rate (CAGR) for Polycab over financial year 2026-2029.
SBI Q4 Preview: Can the largest PSB deliver good profits despite treasury pain?
SBI is expected to report a subdued March quarter as treasury losses likely offset stable loan growth and resilient margins. Brokerages expect modest profit growth, steady asset quality and stable credit costs, while investors will closely track management commentary on margins, deposits, loan growth and the impact of a lower interest-rate environment.
PB Fintech Q4 profit jumps 54% to ₹261 crore on strong insurance and credit growth
EBITDA surged 95% to ₹218 crore in Q4, compared with ₹112 crore last year, while revenue grew 37%. Shares of PB Fintech Ltd ended at ₹1,700.65, up by ₹20.90, or 1.24%, on the BSE today, May 6.
PNB share price climbs almost 4% after Q4 results: Should you buy, sell, or hold the PSU bank stock?
PNB share price climbed nearly 4% in morning deals on the BSE on Wednesday, 6 May, a day after the PSU bank reported its March quarter (Q4FY26) results, posting healthy profit growth.
Services sector credit growth rises to 19% in FY26, gains sharply from 12% last year
The Financial year 2025-26 ended with robust year-on-year (y-o-y) non-food credit growth of 15.9%, marking a significant 497 basis points (bps) increase in growth from the corresponding period in 2025 (10.9%). The aggregate credit outstanding in Mar-2026 reached Rs 212.9 lakh crore, Rs 29.2 lakh crore higher than the previous year. Amidst a low-interest rate environment, Government aided Capex cycle supported by timely structural reforms, private investments are crowding-in and boosting domestic credit demand, reinstating confidence among corporate as well as individual borrowers on Indian economy. Credit growth in FY 2025-26 has been broad-based led by services sector, followed by personal loan segment, agriculture and allied activities, and industry.
Australian market slips slightly as rate hike and global tensions weigh on sentiment
Investors remained cautious ahead of upcoming trade data for March, especially after February showed stronger exports but weaker imports. However, losses were partly limited as consumer spending in Australia saw its fastest growth in over two years, continuing a steady upward trend.
UBS cuts India’s FY27 GDP growth forecast to 6.2% amid oil price shock, weak monsoon; expects RBI rate hike in H2FY27 - Mint
UBS cuts India’s FY27 GDP growth forecast to 6.2% amid oil price shock, weak monsoon; expects RBI rate hike in H2FY27Mint
5 smallcap stocks that have upside potential of up to 48%. Part of your portfolio?
Shares of Tata Technologies surged up to 7.5% after the company reported an 8% year-on-year rise in the March quarter net profit to Rs 204 crore. The earnings growth, though modest, supported investor sentiment, driving buying interest in the stock during Tuesday’s trading session on the BSE.
Prefer BSE on dips, Bajaj Auto strong, DMart margins muted: Chola Securities
Dharmesh Kant, Head of Research at Chola Securities, says markets remain selective with stock-specific opportunities. He flags weak telecom tower metrics and muted DMart margins, while auto OEMs show strong growth aided by price hikes. On BSE, he sees 15–20% volume trends but advises caution post volatility. He prefers long-term capital market plays on dips and remains bullish on metals, especially JSW Steel, with structural demand tailwinds.
India's retail car sales hit record in April, but Mideast crisis clouds outlook
Indian car sales reached an all-time high in April. Passenger vehicle sales saw a significant jump. This growth was driven by rate cuts, easier financing, and strong demand from rural areas. However, concerns about Middle East tensions and rising fuel prices may affect demand in the coming months. Dealers are monitoring inventory levels and urging caution from manufacturers.
₹2.75 to ₹151.50: Multibagger penny stock turns ₹1 lakh into ₹55 lakh in four years
Magnus Steel and Infra share price, which was once priced at ₹2.77 apiece in May 2022, is now trading at ₹151.50 on the BSE. Here's the share price trend and investment growth of the multibagger penny stock.
Dr Lal Pathlabs Sees Target Price Cut From ICICI Securities After Q4 Results — Here's Why
Dr. Lal's management anticipates strong momentum in the Delhi NCR market and better traction in Suburban Diagnostics to translate into 13-15% revenue growth for FY27.