Market News
Stay updated with the latest market trends, earnings, and economic indicators.
States Sue to Stop Nexstar’s $3.5 Billion Deal for Tegna
A group of state attorneys general are suing to block the $3.5 billion deal by Nexstar Media Group Inc. for rival Tegna Inc., which would create the largest operator of local broadcasters in the country.
Quick Wrap: Nifty Media Index rises 3.35%
Powered by Capital Market - Live News
Benchmarks rally for 3rd day; media shares surge
Media, IT and auto shares surged while metal and FMCG shares declined.
CBSE Warns Teachers Against Social Media Posts On Class 10, 12 Evaluation Process
CBSE warned that such behaviour compromises the confidentiality of the evaluation process and could undermine trust in the examination system.
Did Netanyahu Meet Dolly Chaiwala? Memes Flood On Social Media Amid Israeli PM's Death Rumours
A fake video showing the Israeli PM Benjamin Netanyahu having tea served by Dolly Chaiwala has gone viral.
Who is David Zaslav? How much is he expected to take home from Warner Bros-Paramount deal?
A longtime media executive who frequently saw himself in the limelight while featuring in lists of the highest-paid executives in America, David Zaslav is the current CEO of Warner Bros Discovery.
Sensex gains 548 pts; media shares advance
At 14:30 IST, the barometer index, the S&P BSE Sensex surged 548.02 points or 0.73% to 76,050.87. The Nifty 50 index rose 177.05 points or 0.76% to 23,575.85.
Sensex jumps 939 pts, Nifty tops 23,400 on value buying in large caps
Domestic equity benchmarks ended sharply higher on Monday, supported by value buying in select large-cap stocks as investors assessed the potential fallout of the ongoing U.S.-Iran conflict. Sentiment improved after media reports indicated that Donald Trump is likely to announce in the coming days the formation of an international coalition to escort commercial shipping vessels through the Strait of Hormuz, as the conflict with Iran enters its third week. U.S. officials reportedly said the White House could unveil the initiative as early as this week. However, overall sentiment remained cautious amid persistent FII outflows and elevated crude oil prices due to ongoing tensions involving Iran, Israel and the United States. The Nifty closed above the 23,400 mark, led by gains in auto, financial services and private banking stocks.
PhonePe delays IPO plans amid market volatility: Report
According to media reports, the company has temporarily deferred its public market listing amid rising uncertainty in global markets following the conflict in West Asia. The report said PhonePe may restart the IPO process once conditions in capital markets stabilise.
Bandhan Bank slumps after reports of promoter stake sale plan
Bandhan Bank fell 8.12% to Rs 161.35 after media reports said its promoter, Bandhan Financial Services, is exploring options such as a stake sale or an initial public offering (IPO) to facilitate investor exits.
IDBI Bank divestment scrapped? LIC, govt-owned bank clarifies after stock tanks
IDBI Bank has responded to media speculation regarding the government's proposed majority stake sale. The bank stated it cannot confirm or deny reports suggesting the sale might be scrapped due to low bids. IDBI Bank clarified that the strategic disinvestment process is confidential and managed by the government. The bank has not received any official communication about the sale's cancellation.
Motilal Oswal top picks: VA Tech order strength, RIL refining upside, Eternal valuations attractive
Investors are not showing panic despite geopolitical tensions, though many are reviewing portfolios and seeking safer sector exposure, according to Siddhartha Khemka of Motilal Oswal. The brokerage remains positive on VA Tech Wabag citing a ₹16,000-crore order book and strong West Asia demand. It also sees opportunity in quick commerce stocks like Eternal and Swiggy after valuation corrections, while Reliance Industries’ O2C business could benefit from higher refining margins. Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.