Category: Stock

Domestic markets closed sharply higher on Wednesday after Donald Trump signalled the possibility of a fresh round of talks between Iran and the United States. The development boosted investor sentiment, triggering broad-based buying across sectors, with IT, auto, banking and FMCG stocks leading the rally. The Nifty 50 jumped 388.65 points, or 1.63%, to close […]

In a bid to strengthen the fight against financial frauds, Securities and Exchange Board of India (Sebi) on Wednesday signed a Memorandum of Understanding (MoU) with the Department of Telecommunications (DoT) to regularly exchange data and intelligence to detect and prevent fraudulent activities in the securities market. The agreement was formalised in the presence of […]

On Wednesday, the benchmark Sensex rose 1,263 points to close at 78,111. In line with the broader market rally, eight stocks from the BSE 100 Large-cap TMC index hit their 52-week highs, recording their best performance in a year. Such milestones are often viewed by investors as a bullish signal, indicating strong momentum and potential […]

D-Street Newsmakers Domestic markets ended with strong gains on Wednesday after President Donald Trump hinted at the beginning of a fresh round of talks between Iran and the US. Investors latched on to the opportunity, as buying activity picked up across sectors. The most notable sectors were IT, auto, banks and FMCG. Nifty surged 388.65 […]

India’s smallcap index has fully recovered from the US-Israel-Iran conflict, surging past pre-war levels even as benchmark Nifty remains trapped below its late-February peak, raising questions about whether bluechips are now poised for a comeback or if the smallcap rally has further to run. The smallcap gauge closed 2.3% higher Wednesday at 16,051.40, eclipsing its […]

Ace investor Mukul Mahavir Agrawal increased his stake in Jammu & Kashmir Bank during the January-March quarter, adding to his exposure in the smallcap lender even as the stock has seen strong gains this year. Shareholding data shows Agrawal raised his holding by 0.23 percentage points in Q4. He now owns 1.65 crore shares, translating […]

Benchmark Nifty has staged a sharp rebound so far in April, rising about 8% in just 15 trading days after a steep, nearly 10% correction in March. However, despite the recovery, the index continues to trade below its pre-war levels of sub-25,000. The recovery has been uneven and largely driven by short covering and selective […]

Indian banks are expected to report a steady profit rise in the January-March quarter, four brokers said, aided by credit growth and liquidity buffers, while higher bond yields and forex arbitrage curbs weighed on treasury income. Private banks are likely to report about 8%-12% on-year profit rise, with HDFC Bank and ‌ICICI Bank scheduled ⁠to […]

The shares of oil marketing companies (OMCs) jumped up to 5% on Wednesday as renewed hopes for fresh peace talks between Iran and the US, after the previous round failed over the weekend, kept oil prices comfortably below the key $100 per barrel mark. Pakistani officials cited by the Associated Press indicated on Tuesday that […]

The shares of Tata Power, Adani Power and other companies jumped up to 3% amid an overall bullish market on Wednesday, fuelled by rising hopes of higher power demand as temperatures are expected to increase across the country. Delhi’s temperature hit 38.2°C on Tuesday, marking the hottest day of the year so far. Despite a […]