Market News

Watch | Emkay’s Seshadri Sen: IT sell-off overdone, stick to largecaps amid AI disruption

Seshadri Sen, Head of Research & Strategist at Emkay Global Financial Services, says the IT sell-off has overshot fundamentals, creating a tactical opportunity in large-cap names. Despite AI disruption, firms will still need IT vendors for integration and deployment, and AI could expand tech spending. He sees no signs of structural stress and says current pessimism is driven more by narrative than reality.

Nvidia delivered a blowout quarter but Wall street is not impressed; Here are some concerns

Despite the concerns, Nvidia is covered by 66 analysts, of which 61 have a "buy" rating and a consensus estimate of price targets implies an upside potential of 37% from current levels.

Smartphone makers may get PLI scheme 2.0: Government eyes tariffs, China challenges, and programme success

PLI scheme 2.0: The government is in talks with smartphone makers for a new incentive scheme as the current production-linked incentive ends next month. Officials are considering an exception to the general rule of single-round incentives due to changing circumstances, including the zeroing of fentanyl tariffs on China and a persistent manufacturing cost disadvantage for Indian players.

Vishal Mega Mart promoter entity likely to sell 6.5% stake via block deal: Report

Vishal Mega Mart's promoter, Samayat Services LLP, is set to sell a 6.5% stake through a block deal at Rs 115 per share, a 10% discount to the current market price. This move comes as the company reported a 19% rise in net profit for the December quarter.

Sebi Working Groups Submit Agri Derivatives Review Reports To Chairman Tuhin Kanta Pandey

The expert panels were mandated to examine whether the current framework governing margins, position limits, and delivery and settlement mechanisms could be optimised without compromising market integrity.

Sebi Working Groups submit reports on agri commodity derivatives to Chairman for review

Sebi's working groups are reviewing the delivery and settlement framework in agricultural commodity derivatives. The expert panels were tasked with assessing whether the current framework governing margins, position limits, and delivery and settlement mechanisms could be improved.

Vishal Mega Mart Block Deal | Samayat Services likely to sell 6.5% stake worth ₹3,508 crore

The floor price for the block deal has been set at ₹115 per share, representing a discount of 9.8% to the current market price. Shares of Vishal Mega Mart Ltd ended at ₹127.50, up ₹4.65, or 3.79%, on the BSE today, February 26.

Striders Impex IPO Day 1: Issue subscribed 61% so far, QIBs steal the show. Check GMP, issue details, more

Striders Impex IPO opened on February 26, priced between ₹71 and ₹72 per share. Investors can bid for a minimum of 1,600 shares. The IPO aims to raise funds for expanding retail and e-commerce channels, with a current subscription status of 61% on day one.

Nykaa shares' 64% rally crowns it as internet leader, but do rich valuations justify the risk-reward?

Nykaa's parent company, FSN E-Commerce Ventures, has seen its shares surge by 64% over the past year. This rally follows strong operational performance and robust profit growth. Despite the impressive comeback, experts are divided on whether the current stock price offers a favorable risk-reward proposition. Some analysts recommend a buy on dips, while others suggest booking profits.

Hindalco Share Price Live Updates: Hindalco's Current Market Price

Asian Paints Share Price Live Updates: Asian Paints Current Market Position

NTPC Green Energy adds 165 MW capacity at Khavda-II Solar PV Project

The current commercial capacity of NTPC Green Energy Group stands at 8827.68 MW. With the addition of this capacity, the total installed capacity of the NTPC Green Energy Group has increase to 8992.68 MW.