Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Mcap of 4 most valued firms erodes by ₹1 trn, SBI biggest laggard
The combined market valuation of four of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with State Bank of India taking the biggest hit, amid a range-bound trend in equities. Last week, the BSE benchmark Sensex climbed 414.69 points or 0.53 per cent, and the NSE Nifty went up by 178.6 points or 0.74 per cent. "Indian equity markets witnessed a volatile and range-bound week, with sentiment remaining cautious despite intermittent recovery attempts. Early optimism driven by hopes of de-escalation in the Middle East and easing oil prices faded quickly as renewed tensions between the US and Iran resurfaced," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. While Bharti Airtel, State Bank of India, Tata Consultancy Services (TCS) and Larsen & Toubro faced erosion from their valuation, Reliance Industries, HDFC Bank, ICICI Bank, Bajaj Finance, Hindustan Unilever and Life Insurance Corporation of India (LIC) were the gainers from the pack. ...
Top Gainers & Losers on May 4: Meesho, Vedanta, HFCL, BHEL, Cemindia Projects, Anant Raj among top gainers
On May 4, major indices saw gains due to strong buying in heavyweight stocks and positive state election trends for the Bharatiya Janata Party. The Nifty 50 rose 0.51% to 24,119, while the S&P BSE Sensex increased 0.31% to 77,159, with midcap and smallcap indices outperforming.
Mcap of 4 most valued firms surges by ₹2.20 trn, Reliance biggest winner
The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark Sensex climbed 249.29 points or 0.32 per cent. "Markets ended the week with marginal gains, reflecting a volatile and range-bound trading environment amid mixed global and domestic cues," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The week began on a positive note, supported by easing geopolitical tensions and steady progress in Q4 earnings, which lifted initial sentiment, he said. However, gains were gradually capped by rising crude oil prices, weak cues from Asian markets, and persistent foreign institutional investor (FII) outflows, Mishra added. While Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS) and Bajaj Finance were the gainers from the pack, HDFC Bank, State Bank of India, ICICI Bank, Larsen & Toubro, Hindustan Unilever and
HG Infra Engineering sells 100% stake in subsidiary for ₹282 crore
The company transferred its 100% equity stake in HG Raipur Visakhapatnam OD-6 Private Ltd to Neo Infra Income Opportunities Fund. Shares of HG Infra Engineering Ltd ended at ₹606.50, down by ₹11.50, or 1.86%, on the BSE today, April 23.
Groww shares rally 14% in just 3 days. Should investors buy after Q4 results?
Groww's stock surged following robust March quarter results. The company reported significant year-on-year growth in net profit and revenue. Analysts from Jefferies and Motilal Oswal recommend buying the stock, citing strong user adoption and market share gains. However, JM Financial maintains a sell rating, suggesting the current valuation is high despite future growth projections.
Stocks To Buy: Motilal Oswal 'bull case' projects 131% upside for this solar energy solutions provider
Fujiyama is now ramping up capacity to tap into India's 100 GW rooftop solar opportunity by FY30. It has outlined a ₹300 crore capex plan at its Ratlam facility to expand capacity in panels, inverters, and batteries to 3.7 GW, 3.7 GW, and 3.8 GWh, respectively.
Tata Elxsi shares fall over 4% after weak Q4. Motilal Oswal, HDFC Securities cut target price
In the wake of Tata Elxsi's Q4FY26 performance, shares tumbled by 4%. While the company boasted a healthy 28% increase in net profit paired with a 9% revenue growth, the market reacted cautiously. Analysts are divided; some predict subdued growth spurred by delayed contracts, whereas others identify untapped opportunities in niche markets. The stock’s current valuation continues to spark debate.
Stocks To Buy: Here's what is driving Motilal Oswal to project a 20% upside on this new T&D listing
At the current price, shares of Atlanta Electricals are trading at 40.8 times and 26.6 times their estimated financial year 2027 and 2028 earnings and Motilal Oswal's price target values the stock at 32 times its March 2028 estimated Earnings Per Share (EPS), which is still a 55% discount to CG Power.
FICCI-IBA bankers survey: Opportunity in renewable energy financing; AI & cybersecurity risks most challenging
Survey of 24 banks shows a positive credit growth outlook to mid-2026, with AI seen as a key disruptor, cybersecurity as the top risk, and renewable energy finance offering the strongest growth potential.
Top Gainers & Losers on April 15: RailTel Corp, Coforge, Anant Raj, Suzlon Energy, Hindustan Zinc among top gainers
On April 15, Indian markets surged as investors reacted positively to potential US-Iran negotiations. The Nifty and BSE Sensex gained 1.63% and 1.64%, respectively, while many stocks in technology and real estate sectors performed well, though a few faced declines.
Suzlon Energy shares recover 6% from lows; This fund now appears as a shareholder
Suzlon Energy recently disclosed its shareholding for the quarter that ended on March 31, 2026, where Motilal Oswal's name appears in the list of public shareholders.
Mcap of 8 top valued firms jumps ₹4.13 trn; HDFC, ICICI Bank top gainers
The combined market valuation of eight of the top-10 most valued firms surged by Rs 4,13,003.23 crore last week, with HDFC Bank and ICICI Bank emerging as the biggest gainers, in tandem with an optimistic trend in equities. Last week, the BSE benchmark Sensex jumped 4,230.7 points or 5.77 per cent, and the NSE Nifty surged 1,337.5 points or 5.88 per cent. "Sentiment remained buoyant amid optimism surrounding a temporary USIran ceasefire, although lingering geopolitical uncertainties capped the pace of gains as the week progressed," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. A sharp decline in crude oil prices below the USD 100 mark eased domestic concerns and triggered a strong rebound across markets, he added. From the top-10 pack, HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro and Hindustan Unilever were the winners, while Reliance Industries and Infosys faced erosion from their ...