Axis Direct’s Diwali 2025 Mahurat Picks highlight nine stocks across sectors with upside potential of 15–23% over 12 months, including Rainbow Children’s Medicare, DOMS Industries and KEC International. Source link
Shares of Vikran Engineering climbed on their first day of trading Wednesday, rising about 5% from the IPO price in a Rs 772-crore offering backed by marquee investors Mukul Agrawal and Ashish Kacholia, although the gains fell short of grey-market expectations. The stock listed at Rs 99.70 on the BSE, 2.8% above its IPO price … Read more
The shares of Vikran Engineering will debut on the bourses tomorrow after its Rs 772 crore IPO was completed successfully with strong subscription. While the issue attracted robust demand across all investor categories, the grey market premium (GMP) signals only a modest listing gain of around 4%. Notably, the GMP has been steadily declining since … Read more
Equity Markets traded in a subdued manner, closing nearly unchanged on Tuesday after a recent rally. In today’s trade, shares of EaseMyTrip, Exxaro Tiles, NBCC, PC Jewellers, Delta Corp, Tata Power among others will be in focus due to various news developments. EaseMyTrip Promoter Nishant Pitti is likely to sell up to 8.5% stake in … Read more
Indian markets opened at record highs but experienced some correction due to a lack of sustained buying on Tuesday. In today’s trade, shares of YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc due to various developments. DMartAvenue Supermarts, which operates DMart stores, reported a standalone revenue of Rs 13,712 crore for the quarter ended June … Read more
Brokerage firm Macquarie maintained a neutral rating on Paytm, BofA Securities recommended a neutral rating on Sun Pharma, and Elara Capital maintained an accumulate rating on KEC International and M&M Financial Services. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Paytm: Neutral| Target Rs 650 … Read more
The Indian stock market closed in the green on Wednesday tracking positive global cues. The S&P BSE Sensex rallied over 200 points to close in the green for the 9th consecutive day while the Nifty50 make a record closing above 20,000. Sectorally, buying was seen in telecom, public sector, consumer durables and energy stocks while … Read more
Benchmark Sensex tanked 542 points to settle at a four-week low while Nifty closed below the 19,400 mark, extending their losses for a third straight day on Thursday in tandem with a bearish trend in global markets following the US rating downgrade. Here’s how analysts read the market pulse: “Global markets are still grappling with … Read more
Indian market is expected to trade higher on Thursday tracking positive global cues. S&P BSE Sensex rose nearly 200 points while Nifty50 settled above 18300 levels on Wednesday. India VIX was up by 3.17% from 12.67 to 13.08 levels on Wednesday. Volatility has been rising from the last four sessions and creating swings in the … Read more
Most analysts and experts are predicting the government would go heavy on infrastructure in the upcoming Budget to drive the overall growth of the economy. “We believe the government might prefer to increase spending on infrastructure which could have a multiplier effect on the economy,” Umang Papneja, CEO, Julius Baer India, told ET Markets. Money … Read more