Recent reports suggested that the BSE overtook the National Stock Exchange (NSE) in the derivatives segment for the first time in April, drawing significant attention from market participants. But a closer look at the underlying data indicates that the shift appears more technical than structural. At first glance, BSE’s notional derivatives turnover jumped to about […]
Buyback alert! Garware Technical Fibres set to announce buyback on May 8. What to expect?
Fishing nets-maker Garware Technical Fibres is likely to announce a share buyback on Friday, continuing its steady tradition after the previous share buybacks in 2024, 2022, and 2020. Garware Technical Fibres, in an exchange filing released on Tuesday, said that its board will meet on May 8 to consider and approve a proposal for buyback […]
Vedanta shares rally 9% in four days after demerger. Should you buy?
Shares of metals major Vedanta climbed over 4% on Wednesday, extending a four-day rally to more than 9%, after adjusting for its much-awaited demerger that spun off four new entities from the parent. The Anil Agarwal-led conglomerate had set May 1 as the record date for the demerger, and Vedanta shares began trading excluding the […]
Valor Estate shares rocket 30% in just 3 days. What’s behind the stellar surge?
Shares of Valor Estate, formerly known as DB Realty Ltd, surged as much as 10% to their day’s high of Rs 135 on the BSE on Wednesday after the company secured a favourable ruling from the Bombay High Court in its long-running Bhayandar land title case. With today’s surge, the stock is up 30% in […]
Swiggy, Eternal shares tumble up to 30% in 2026 so far. Time to buy or better to wait?
The shares of food delivery and quick commerce giants Swiggy and Eternal have seen significant decline recently, falling up to 30% this year so far, with analysts highlighting whether investors should buy the stocks now or wait for more decline, and which currently offers a better risk-reward ratio. Swiggy shares have declined around 30% in […]
L&T shares slide 4% after Q4 profit dip. Why Jefferies, Goldman Sachs are still bullish
Shares of engineering and construction major Larsen and Toubro (L&T) declined as much as 4% to their day’s low of Rs 3,900 on the BSE on Wednesday after it reported a 3% year-on-year decline in consolidated net profit at Rs 5,326 crore for the March quarter, compared with Rs 5,497 crore in the same period […]
Shoppers Stop shares in focus after Rs 16 crore loss in Q4; revenue jumps 14%
Shares of multibrand fashion retailer Shoppers Stop will be in focus heading into trade on Wednesday after it reported a consolidated loss of Rs 16.35 crore for the March quarter. This compares with a net profit of Rs 1.99 crore in the same period last year. Revenue from operations rose 13.7% to Rs 1,209.79 crore […]
Dividend alert! Last date to buy OFSS shares for Rs 270 dividend
Oracle Financial Services Software (OFSS) has set May 7 as the record date for its second interim dividend of Rs 270 per share for the financial year 2026, making today the last date for interested investors to buy the shares of the company to be eligible for the dividend payment. The software company last month […]
Nifty today: Pre-market action: Here’s the trade setup for today’s session
Indian equities continued to trade weak as crude prices remained firm. On the daily chart, analysts the Nifty has say sustained below the 50EMA for eight consecutive sessions, keeping the bearish trend intact. The RSI is in a bearish crossover, indicating weak momentum. However, a closer and more granular view of the Nifty chart suggests […]
Premiumisation to help sustain strong volume, revenue growth: Marico MD
Mumbai: Large consumer goods companies are better placed than smaller rivals to navigate the current bout of volatility, said Marico MD and CEO Saugata Gupta, who expects supply shocks and inflation cycles to widen the gap between scaled incumbents and smaller players even as demand remains steady. “Large, organised players are in a far better […]