Shares of OnEMI Technology Solutions, the parent of digital lending platform Kissht, are set to make their stock market debut on Friday, with grey market signals pointing to a strong listing. Ahead of listing, the company’s shares were commanding a grey market premium (GMP) of 16%, implying a likely debut around Rs 198–199 per share, […]
Nifty today: Dalal Street likely to open in red amid weak GIFT Nifty cues
Benchmark indices witnessed a choppy trading session on May 7, with volatility remaining elevated due to the weekly expiry of Sensex. Meanwhile, Nifty formed a small bearish candlestick pattern with shadows in either direction signaling consolidation amid stock specific action. Going ahead, analysts say a breakout and a close above 24,400 will open further upside […]
Britannia clocks 22% rise in March quarter profit
Mumbai: Britannia Industries reported a 22% increase in March quarter profit as biscuit and snack demand held steady despite supply disruptions linked to the West Asia conflict. Net profit rose to ₹680 crore in the quarter ended March, from a year earlier, while revenue increased 7.1% to ₹4,686 crore, the company said in an exchange […]
Adani Green Energy and 4 other stocks hit a 52-week high, rally up to 48% in a month – New Peaks
Benchmark Sensex fell 114 points to settle at 77,844. Despite the broader weakness, five stocks from the BSE 100 LargeMidcap TMC index touched their 52-week highs, reaching their strongest levels over the past year. These milestones are typically considered bullish indicators, reflecting strong momentum and the possibility of further upside. Source link
BSE Q4 Results: Cons PAT jumps 61% YoY to Rs 797 crore, revenue soars 85%; Rs 10/share dividend announced
India’s oldest exchange, BSE, on Thursday reported a consolidated net profit of Rs 797 crore in the March-ended quarter of FY26 versus Rs 494 crore in the year-ago period, implying a 61% surge. The profit after tax (PAT) is attributable to the shareholders of the holding company. The company posted a revenue growth of 85% […]
Entities Settle for ₹10.5 Crores with SEBI
Market regulator Sebi on Thursday settled proceedings against four entities in a case related to alleged diversion of funds involving erstwhile Indiabulls Real Estate Ltd after they paid a total settlement of about Rs 10.49 crore. The entities — Agnes Developers Pvt Ltd, Everlast Projects Pvt Ltd, Lincoln Developers Pvt Ltd and Deneb Developers Pvt […]
Market Trading Guide: Buy Nippon Life, Bharat Dynamics on Friday for gains up to 14%
Nifty stock markets traded rangebound before settling in the red dragged by FMCG, IT and PSU banks. The index has given a consolidation breakout on the daily timeframe, suggesting a rise in optimism. Rupak De, Senior Technical Analyst at LKP Securities, said Nifty’s RSI is in a bullish crossover on the daily timeframe and has […]
Ahead of Market: 10 things that will decide stock market action on Friday
Domestic equity benchmarks moved in a narrow range on Thursday before ending marginally lower amid weakness in FMCG, IT and PSU banking stocks. The Nifty slipped 4.3 points, or 0.02%, to close at 24,326.65, while the BSE Sensex declined 114 points, or 0.15%, to settle at 77,844.52. Meanwhile, the volatility gauge India VIX ended at […]
Bharat Forge Q4 results: Cons PAT falls 17% YoY to Rs 233 crore, revenue up 18%
Bharat Forge reported a consolidated net profit at Rs 233 crore in the March-ended quarter versus Rs 283 crore in the year ago period, implying a 17% fall. The components manufacturer posted a revenue growth of 18% to Rs 4,528 crore in Q4FY26 was versus Rs 3,853 crore posted by the company in the corresponding […]
Zerodha’s Rs 7,400 crore MTF book highlights retail shift from cash trading to leveraged bets: Nithin Kamath
India’s retail trading landscape has undergone a sharp transformation since the pandemic, with leveraged products gaining far more traction than traditional cash market investing, according to Zerodha Founder & CEO Nithin Kamath. In a post on X, Kamath said cash market activity has not expanded significantly relative to the explosive growth seen in the derivatives […]