Category: Stock

The Indian market ended higher on Monday, lifted by auto and metal shares, as optimism over sweeping GST tax cuts and China’s steel reforms supported sentiment alongside expectations of a Federal Reserve rate cut this month. The S&P BSE Sensex added 76.54 points, or 0.09%, to finish at 80,787.30, while the NSE Nifty 50 rose […]

India’s second largest IT services company Infosys will consider a proposal for buyback of company’s equity shares at its meeting to be held on September 11, 2025. The company informed about the development today after market hours. Infosys shares ended at Rs 1,436.10 on the NSE, down by Rs 8.50 or 0.59%. The share buyback […]

Wall Street’s main indexes opened higher on Monday, rebounding from the previous session’s decline, amid hopes that the Federal Reserve could lower borrowing costs soon in response to the latest jobs data. The Dow Jones Industrial Average rose 29.8 points, or 0.07%, at the open to 45,430.61. The S&P 500 rose 16.6 points, or 0.26%, […]

International brokerage Jefferies has termed TBO Tek’s latest acquisition a “classic opportunity” to expand its global reach, after the company announced the purchase of Classic Vacations, a US-based luxury travel wholesaler, for about $125 million. The brokerage has raised its price target on the stock to Rs 1,800 from Rs 1,625 and reiterated its Buy […]

Indian headline indices closed with modest gains after a volatile session, as weakness in IT and pharma stocks was offset by strong buying in auto counters. The markets once again encountered resistance at higher levels, with the Nifty unable to sustain above the 100-DMA, currently positioned around 24,800. Decoding the day’s action, Nilesh Jain, Head […]

The Indian consumption story received a fresh boost with the government’s sweeping GST rate cuts, particularly benefiting automakers, insurers, and FMCG companies. Experts believe this move will revive momentum across the consumption basket, even as global trade uncertainties continue to weigh on investor sentiment. When asked about the outlook for autos, Mark Matthews in an […]

Media and entertainment company Prime Focus has drawn marquee investors, with ace market veterans Ramesh Damani, Madhusudan Kela-owned Singularity AMC, and Utpal Sheth acquiring stakes through bulk and block deals on September 5. Following these stake acquisitions, the shares of Prime Focus hit their 10% upper circuit on the BSE. According to NSE bulk and […]

Shares of Eternal could rally as much as 12%, international brokerage Nomura said after raising the target price to Rs 370 per share, citing robust prospects for its quick commerce arm, Blinkit. Nomura has retained its Buy call on the stock. The brokerage expects Blinkit to achieve adjusted EBITDA breakeven by the fourth quarter of […]

Shares of Gujarat Mineral Development Corporation (GMDC) continued their strong upward momentum, surging 35.5% so far in September and touching a fresh 52-week high of Rs 547 on the BSE on Monday. The rally has been supported by robust investor interest, sectoral tailwinds, and optimism surrounding the company’s rare earth mining initiatives. The PSU stock […]

Tata Steel shares jumped 2.8% on Monday to hit a new 52-week high of Rs 172.45 on the BSE, as optimism surrounding the steel sector drove investor interest. The upmove was supported by favourable global supply dynamics, domestic tariff protection, and positive commentary from leading brokerages. The rally in Tata Steel comes amid a broader […]