Benchmark Sensex declined by 516 points to close at 77,328 on Friday. However, amid the overall weakness, six stocks from the BSE 100 index hit their 52-week highs, marking their highest levels in the past year. Such milestones are generally viewed as positive signals, indicating strong momentum and potential for further gains. Source link
Explained: How 2026 FIFA World Cup’s AI boom is fueling chipmaker, data centre REIT valuations
In just over a month, the world’s most popular sport will be marking the largest sporting event ever staged. The 2026 FIFA World Cup, jointly hosted by the US, Canada and Mexico, expands to 48 teams, which represent 27% of the world’s population and 62% of global GDP, underlining the tournament’s huge economic footprint. Attendance […]
Swiggy Q4 Results: Loss narrows to Rs 800 crore, revenue surges 45% YoY
Online food delivery platform Swiggy narrowed its losses to Rs 800 crore in the fourth quarter of FY26, compared with Rs 1,081 crore in the same quarter of last year and Rs 1,065 crore in the preceding December quarter. Revenue from operations increased 45% YoY to Rs 6,383 crore. More to come… Source link
Midcaps outperform Nifty, smallcap stocks in Q4, deliver 29% earnings growth: Motilal Oswal
Midcap companies emerged as the strongest performers in the March quarter earnings season so far, with profit growth comfortably outpacing both largecaps and smallcaps, according to Motilal Oswal Financial Services’ Q4FY26 India Strategy report. Within the MOFSL universe, midcap companies posted a 29% year-on-year earnings growth, ahead of the brokerage’s estimate of 22%. In comparison, […]
SBI Q4 Results: Standalone profit rises 6% YoY to Rs 19,684 crore, beats estimates
India’s largest public sector lender, State Bank of India (SBI), on Friday reported that its standalone net profit rose 6% year-on-year (YoY) to Rs 19,684 crore in the fourth quarter. The same stood at Rs 18,643 crore in the last year quarter. The profit beat the analysts’ estimates of Rs 18,898 crore. The net interest […]
Smallcaps & midcaps rally! Firstsource Solutions, Nuvama, Godfrey Phillips, other stocks jump up to 16%
The shares of smallcap and midcap companies sharply rallied up to 16% on Friday, with broader market indices continuing to outperform benchmark Sensex and Nifty, even as Iran-US war and oil prices above $100 per barrel soured overall market sentiment. The Nifty Smallcap 100 index gained 0.35% and the Nifty Midcap 100 index slipped into […]
Kissht parent OnEMI Tech shares soar 11% after strong D-Street debut. Should you buy, sell, or hold?
Shares of Kissht parent OnEMI Technology Solutions surged on Friday, jumping 11% from their listing price to hit an intraday high of Rs 212.2 on the BSE. The stock opened at Rs 191, an 11% premium to the IPO price of Rs 171. At the day’s high, it was trading 24% above the issue price. […]
Sonata Software shares rally 10% as Q4 net profit rises 21% despite revenue contraction; firm announces dividend
The shares of Sonata Software rallied nearly 10% on Friday after the company reported a 21% surge in net profit to Rs 130.5 crore in the fourth quarter of FY26, from Rs 107.53 crore in the year-ago period, even as revenue contracted. The company announced its earnings in the post-market hours on Thursday. While net […]
LIC’s $2 billion contrarian bet: 10 stocks the DII giant bought while the market bled
When Indian markets were bleeding through the March quarter, India’s largest institutional investor was writing cheques. Life Insurance Corporation of India (LIC) deployed roughly Rs 18,500 crore (nearly $2 billion), scooping up shares in Bajaj Finance, Bharti Airtel, TCS, Infosys, IRFC, HAL, and Hyundai Motor India, even as these stocks fell as much as 30%. […]
Pidilite Industries shares in focus after Q4 net profit jumps 37% to Rs 584 crore, revenue rises 14%
Shares of Pidilite Industries will be in focus heading into trade on Friday after it reported a 36.6% year-on-year jump in consolidated net profit to Rs 584.2 crore for the January-March quarter. In the same quarter last year, net profit stood at Rs 428 crore. The maker of Fevicol adhesives and Dr Fixit waterproofing products […]