Market News

Kalyan Jewellers stock to double from here? Why analysts are bullish

Kalyan Jewellers reported strong first-quarter revenue growth despite market headwinds. The company's international business and digital platform also showed significant expansion. Analysts are bullish, with some predicting the stock could double in value. Technical indicators suggest a positive medium-term outlook for the stock. Investors will monitor future showroom launches and festive season demand.

ONGC to undertake 1.75 MMT strategic oil reserve expansion at Mangaluru

ONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's energy security network. India is strengthening its reserves after recent global supply chain disruptions. Additional SPR facilities are also being developed in Odisha and Karnataka. This increases India's total oil storage capacity to approximately seventy-four days.

Rs 5 lakh crore wealth boost! Top 5 factors fuelling today's 800-point Sensex rally

Indian stock markets experienced significant gains on Friday, with Sensex and Nifty rising over one percent. Strong first-quarter earnings from TCS boosted investor sentiment, leading IT stocks higher. Positive global market trends and a decline in market volatility also contributed to the rally. Despite escalating Iran-US tensions, markets largely ignored the geopolitical developments. Analysts anticipate continued economic resilience and positive sector-specific responses moving forward.

Mumbai Lake Water Levels Near 50% Storage; IMD Says Rainfall To Ease This Week

Mumbai's seven lakes now hold nearly 50% of their total capacity after recent heavy rains, but the IMD has forecast a brief lull in monsoon activity over the rest of the week.

Encompass Design India incorporates health and wellness subsidiary

Encompass Design India announced that it has incorporated a subsidiary, The Longevity Plan, to diversify and expand its current operations.

Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Price and Returns

Stocks to Watch today: TCS, Maruti, JSW Steel, JK Tyre, Federal Bank & more

Stocks to watch today: TCS, Maruti Suzuki, JSW Steel, JK Tyre, Federal Bank, AU SFB, SAIL, Nalco, NLC India, Anand Rathi Wealth, JSW Steel, Cummins India, among others, will be in focus today

F&O strategy: Deploy Bull Spread on MidCap Nifty, PNB Housing, says analyst

Nandish Shah of HDFC Securities recommends a 'Bull Spread' strategy on MidCap Nifty and PNB Housing Finance as the analyst notes a positive bias, and build-up of long positions at these counters.

Stocks To Watch Today: TCS, Anand Rathi Wealth, Bajaj Finserv, Restaurants Brand Asia, JSW Cement & More

Here's a look at stocks that are likely to be in focus during the trading session on Friday.

Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth

Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.

Stock Picks Today: Dr Lal Path, Axis Bank, Syrma SGS, Delhivery, And More On Brokerages' Radar

Brokerages' Radar

Kylian Mbappe Sparks Injury Fears During France's World Cup Win Over Morocco; Here's The Latest Update

Kylian Mbappe played down concerns over his ankle after starring in Les Bleus' 2-0 victory over Morocco.