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SBI MF buys additional 4% stake in Urban Company; Wellington Management, DF International exit
SBI Mutual Fund already held 1.89 percent shareholding in Urban Company as of December 2025.
Markets Erase Gains as Metals Drag; IDBI Bank Bid Race Heats Up | Closing Bell
Markets surrendered early gains as metal stocks dragged benchmarks lower, with the Nifty hovering near 24,100 despite strength in auto counters. ONGC, Hindalco and Power Grid led the losers, while InterGlobe Aviation, M&M and Maruti Suzuki outperformed. In corporate news, Amazon CEO Andy Jassy met PM Narendra Modi and announced an additional $13 billion investment in India, taking Amazon's planned investment to $48 billion through 2030. Fairfax is reportedly back with a fresh bid for IDBI Bank, valuing the lender at ₹77 per share and potentially unlocking a ₹50,000 crore divestment for the government and LIC. Meanwhile, uncertainty continues around Tata Sons as RBI is yet to decide on its NBFC deregistration request, keeping the possibility of a future listing alive. Catch all the key market moves, corporate developments and top business headlines in this edition of Closing Bell.
Buy VA Tech Wabag; target of Rs 1900: Motilal Oswal
Motilal Oswal is bullish on VA Tech Wabag recommended buy rating on the stock with a target price of Rs 1900 in its research report dated March 12, 2026.
Buy Tech Mahindra; target of Rs 1750: Motilal Oswal
Motilal Oswal is bullish on Tech Mahindra has recommended buy rating on the stock with a target price of Rs 1750 in its research report dated April 22, 2026.
Buy Tech Mahindra; target of Rs 1750: Motilal Oswal
Motilal Oswal is bullish on Tech Mahindra recommended buy rating on the stock with a target price of Rs 1750 in its research report dated Jun 23, 2026.
Neutral Urban Company; target of Rs 135: Motilal Oswal
Motilal Oswal recommended Neutral rating on Urban Company with a target price of Rs 135 in its research report dated May 10, 2026.
Live: Nifty unfazed by US-Iran tensions, ends week with gains | Closing Bell
Markets trade firm with NIFTY gaining 100 points above 25,550 and Sensex up 300 points, even as India VIX jumps 7%. IT stocks extend losses for the third straight day, while Bank, Metal and FMCG counters see strong buying. Top Gainers: Hindalco Industries, NTPC, Larsen & Toubro Top Losers: Tech Mahindra, Infosys, Bharti Airtel Catch Lovisha Darad in conversation with Ajit Mishra, SVP Research, Religare Broking and market expert Sunil Subramanian