Gaming stocks ended with up to 8% gains on Tuesday led by Delta Corp following reports that the Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Online Gaming Bill. OnMobile Global was the next big gainer and closed nearly 4% up while Nazara Technologies settled with an uptick of 0.5%. The bill aims […]
Antique initiates buy call on Zen Technologies shares despite 43% fall in 1 year, sees 31% upside
Brokerage firm Antique Stock Broking has initiated coverage on Zen Technologies for a price target of Rs 1,866, and the stock offers an upside of 31%. The smallcap counter is a fundamental pick, which is valued at 32X 1HFY28E EPS. The brokerage firm, in a note, said that Zen Technologies shares are well-positioned to capitalise […]
Sebi initiates enforcement action against 886 entities in Apr 2024-Jun 2025 for mkt manipulation
Markets regulator Sebi has taken enforcement action against 886 entities during April 2024 to June 2025 for indulging in fraudulent and unfair trade practices in the securities market, Parliament was informed on Tuesday. Generally, violations, including price and volume manipulation and front-running, come under the ambit of Sebi’s Prohibition of Fraudulent and Unfair Trade Practices […]
RIL annual report: 10 key takeaways from Jefferies
Jefferies has released its analysis of Reliance Industries’ FY25 annual report, highlighting trends across Jio, Retail, and Energy businesses, along with capex patterns, free cash flow (FCF), and future growth areas. The brokerage has maintained a Buy rating on the stock with a price target of Rs 1,670. With sustained FCF generation, disciplined capex allocation, […]
Japan’s Nikkei slips from record high, investors weigh Wall Street lull
Japan’s Nikkei share average slipped from a record high to end lower on Tuesday, as investors weighed Wall Street’s muted overnight finish, raising concerns that markets have advanced too far, too fast. The Nikkei index closed 0.38% lower at 43,546.29, after rising to a record high of 43,876.42 earlier in the session. The broader Topix […]
BlueStone Jewellery shares jump over 6% on market debut after weak open below IPO price
Shares of BlueStone Jewellery and Lifestyle climbed more than 6% on their first day of trading on Tuesday, recovering from a soft start and offering modest gains to investors from their opening price, in line with grey market expectations. The stock debuted at Rs 508.80 on the BSE, 1.6% below its IPO price, and at […]
All Time Plastics shares zoom over 8% after Vibhav Manish Chokhani picks 0.5% stake
Shares of All Time Plastics rallied 8.5% to hit an intraday high of Rs 316.20 on the BSE on Tuesday, following a notable stake purchase by Vibhav Manish Chokhani, son of veteran financial expert and investor Manish Chokhani. According to bulk deals data, Vibhav Chokhani acquired 3.5 lakh shares (0.53% stake) in the Mumbai-based plastic […]
Rekha Jhunjhunwala portfolio: 12 stocks log double-digit gains, 1 microcap shines with 43% return in FY26 so far
Rekha Jhunjhunwala’s 25-stock portfolio has thrown up a dozen counters delivering strong double-digit gains in FY26 so far, comfortably outpacing broader market trends. The top performer is microcap Singer India, a household name, which has surged 43%. It is followed by Fortis Healthcare and Baazar Style Retail, both posting returns of over 30%. Singer India, […]
Intel gets $2 billion lifeline in the form of SoftBank equity investment
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S. chipmaker that is in the middle of a turnaround effort. The equity investment, announced by the two companies on Monday, is a lifeline for the once-iconic U.S. chipmaker which has struggled to compete after […]
Vodafone Idea shares in focus as telco explores non-banking funding for capex continuity
Vodafone Idea shares will be in focus on Tuesday, August 19, after the company’s outgoing Chief Executive Officer, Akshaya Moondra, said that the debt-laden telecom operator is exploring non-banking funding sources to maintain continuity of its capital expenditure plans. The statement came during the company’s earnings call for the June 2025 quarter, where Moondra highlighted […]