Despite a 416-point drop in Sensex, several BSE 250 smallcap stocks hit 52-week highs, reflecting strong momentum. Companies across sectors posted sharp monthly gains, signalling investor interest and resilience. Source link
Market Wrap: Sensex slips 417 pts, Nifty closes below 24,000 as fading peace hopes and surging oil prices spook investors
Sensex and Nifty dropped up to 0.5% on Tuesday after a sharp rally the previous day, as fading hopes for a quicker resolution to the war between the US and Iran spooked investors and retriggered the skyrocketing rally in oil prices. Sensex declined over 417 points to close at 76,887, while Nifty declined 97 points […]
Maruti Suzuki announces Rs 140/share dividend, fixes record date. Check details
Maruti Suzuki on Tuesday announced a dividend of Rs 140 per share for the financial year 2026, with the record date to determine the eligibility of shareholders set to receive the payment being fixed on August 7. India’s largest automaker announced its largest-ever dividend in terms of value on Tuesday, along with its Q4 results. […]
Eternal shares unlikely to be linear compounder, says HSBC; flags headache for Blinkit
HSBC Securities has cautioned investors that Eternal Limited’s journey ahead is “unlikely to be a linear compounding story,” as intensifying competition in quick commerce poses a significant challenge for its Blinkit arm despite strong long-term potential. In a report, HSBC analysts led by Yogesh Aggarwal said that while they maintain a ‘Buy’ rating and a […]
Peak XV exits One MobiKwik Systems in Rs 130 crore block deal: Report
Venture capital firm Peak XV Partners, formerly Sequoia Capital India & South East Asia, exited Indian fintech company One MobiKwik Systems through a block deal worth more than Rs 130 crore ($13.76 million) on Tuesday, Reuters reported, citing a source with direct knowledge of the matter. Peak XV sold around 60.8 lakh shares, representing nearly […]
Sun Pharma shares rally 9% in two days after $12-bn Organon deal. Here’s what Morgan Stanley, other brokerages say
Sun Pharmaceutical Industries have jumped around 9% in two days after the pharma giant announced acquisition of Organon & Co. for an enterprise value of $11.75 billion, with Morgan Stanley and Motilal Oswal remaining bullish while JM Financial remains cautious. The shares of the company extended gains on Tuesday, trading at around Rs 1,763.9 apiece […]
Nippon Life AMC shares surge 6% after Q4 profit jumps 29% to Rs 385 crore
Shares of Nippon Life India Asset Management surged 6.14% to Rs 1,051 during Tuesday’s trading session after the asset manager reported robust earnings for the fourth quarter of FY26. The company posted a 29% year-on-year rise in consolidated net profit at Rs 385 crore for Q4FY26, compared with Rs 299 crore in the corresponding period […]
Marico, Radico Khaitan in focus as FMCG navigates inflation-led challenges
India’s FMCG sector is entering another phase of inflation-led volatility, but historical trends suggest that such cycles often reinforce the sector’s structural strengths rather than derail them. While elevated input costs are pressuring margins in the near term, the industry’s ability to adapt through pricing, portfolio shifts and scale advantages continues to support its medium-term […]
Trent shares in focus as Zudio-parent sets record date for 1:2 bonus issue. Check details
The shares of Trent will remain in focus on Tuesday after the Zudio and Westside-parent fixed May 29 as the record date to determine the eligibility of shareholders for its first-ever bonus issue, offering shares in a 1:2 ratio to more than five lakh shareholders. In an exchange filing released in the post-market hours of […]
Stocks to buy in 2026 for long term: RIL, Axis Bank among 5 stocks that could give 10-30% return
We have collated a list of recommendations from top brokerage firms from ETNow and other sources. Source link