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PNB Housing Finance share surge 11% after margins expand, asset quality improves in strong Q4
Affordable and emerging markets remained key growth drivers and together they contributed a meaningful share of both the retail portfolio and retail disbursements. This is the best single-day gain for shares of PNB Housing Finance in two years.
PNB Housing Q4 Results | Net profit up 14% on high retail disbursements; declares dividend
NII rose 8.2%, while asset quality, return on assets improved. The board recommended a dividend of ₹8 per equity share of face value ₹10 for FY26. Shares of PNB Housing Finance Ltd ended at ₹905.80, down by ₹18.60, or 2.01%, on the BSE today, April 20.
Why stock market rose today? Sensex soars over 1,200 points, Nifty settles above 24,200. 5 key factors explained
Indian stock markets surged on Wednesday. The Sensex and Nifty saw substantial gains. Easing oil prices and renewed hopes for US-Iran peace talks boosted investor sentiment. Global markets also rallied. This positive momentum added significant value to the total market capitalization. Investors are advised to remain invested despite potential headwinds.
JSW Energy among 5 stocks showing bullish RSI upswing
Five Nifty 500 stocks that gained over 2.5% on April 13 appeared in the RSI Trending Up scan, with RSI crossing above 50 from lower levels. The signal reflects improving momentum and sentiment, helping traders spot potential short-term buying opportunities in stocks showing early signs of upward price movement.
Madhusudan Kela picks beaten-down smallcap bets; buys Indiabulls, Simplex Infra in Q4
Ace investor Madhusudan Kela has bought stakes in Indiabulls Limited and Simplex Infrastructures Limited. These companies have seen recent underperformance. Kela's move signals a contrarian investment strategy. His portfolio includes other companies like Kopran and Bombay Dyeing. This selective accumulation in beaten-down stocks is a key highlight.
Housing finance stocks near inflection point, Bernstein picks 2 favourites
Affordable housing finance stocks are nearing a turning point. Bernstein highlights attractive valuations and improving growth and asset quality. HomeFirst and Aadhar Housing Finance are named as preferred investments. The sector is poised for a turnaround, offering significant upside potential for investors. This presents a favorable entry point for the segment.
Adani Total Gas among 5 stocks showing bullish RSI upswing
On March 19, five Nifty 500 stocks appeared in the RSI Trending Up scan. Their RSI moved above the 50 level from lower zones, signalling strengthening momentum. The indicator is often used by traders to spot improving sentiment and potential bullish continuation setups in select counters across the market.
Emami among 7 small-cap stocks hit 52-week lows; slip up to 25% in a month
Amid a sharp 1,342-point Sensex drop to 76,863, seven BSE 250 Smallcap stocks, including Sapphire Foods, JK Lakshmi Cement, Relaxo, Aegis Logistics, Five-Star Finance, Emami and Jyothy Labs, hit 52-week lows, signaling weakness.
SENSEX rises 400 pts, NIFTY tops 24,100 amid easing oil prices, hopes of de-escalation in West Asia; India VIX down 12%, IndiGo up 4% - Upstox
SENSEX rises 400 pts, NIFTY tops 24,100 amid easing oil prices, hopes of de-escalation in West Asia; India VIX down 12%, IndiGo up 4%Upstox
Raajmarg Infra InvIT IPO to open March 11; anchor portion domestically
State-owned National Highways Authority of India-sponsored Raajmarg Infra Investment Trust (RIIT) on Monday said the anchor portion of its upcoming IPO will be allocated to only domestic investors. The anchor book will open for subscription on March 10. "We are in advanced discussions with anchor investors regarding the investment. The anchor portion will be allocated to domestic investors," NHAI Chairman Sathosh Kumar Yadav told reporters here ahead of its Rs 6,000-crore initial public offering. Of the issue size, over Rs 1,700 crore will be allocated to anchor investors. Raajmarg Infra Investment Trust's maiden public offering will open on March 11 and close on March 13. This will be the first time, NHAI is opening its asset monetisation programme to retail investors. The InvIT's IPO price has been fixed between Rs 99 and Rs 100 per unit. The initiative marks an important step in broadening public participation in the National Highway infrastructure growth story. The public I
Watch | Sanjay Parekh on where he sees value in banks, IT, cement and telecom stocks
Sohum Asset Managers’ Founder & CIO, Sanjay Parekh, says markets look sluggish despite improving macro conditions, with Q3 Nifty earnings near 8–9%. He sees recovery in CVs (Ashok Leyland), credit growth at ICICI Bank and gradual picka a up in cement and steel. Portfolio stays domestic-focused: overweight telecom, NBFCs, industrials, cement, utilities, ports and logistics; underweight oil & gas and banks, zero FMCG. Watching IT names like Infosys and TCS, mid-cap tech (Persistent, Coforge, Mastek), defence HAL, quick commerce Zomato and Swiggy, and capital goods L&T, JSW Energy.
Smallcap AI shares locked in 20% upper circuit on US transport agency deal
Shares of XTGlobal Infotech hit the 20% upper circuit at Rs 33.18 on the BSE after the company secured an AI Enablement for Engineering Services contract from a US-based state transportation agency. The six-month engagement is valued at about $796,900. Managing Director Ramarao Atchuta Mullapudi said the win strengthens its transportation vertical and US public sector presence.