NARCL set to acquire debt of Kay Bouvet Engineering
Specialised equipment maker Kay Bouvet Engineering's Rs 1,000 crore debt is poised for takeover by NARCL. Banks will see a 13% recovery through NARCL's Rs 130 crore offer, which faced no competition in a Swiss challenge auction. This marks a potential final acquisition for the bad loan aggregator this fiscal year.
Stocks to buy: Goldman Sachs lists top 7 quality stocks that look attractively priced
Goldman Sachs has identified seven quality stocks with stable earnings and strong balance sheets that appear attractively priced. These selections are within the brokerage's preferred sectors. However, Goldman Sachs has adopted a cautious stance on Indian equities overall, downgrading its market view.
Coal India Share Price Live Updates: Coal India Sees Positive Movement
BPCL, IDBI Bank, among 10 stocks that crashed up to 54% since Iran-US war began
Global stock markets, including Dalal Street, experienced sharp downturns in March due to the Iran-US war and soaring oil prices. Ten stocks, including BPCL and IDBI Bank, have seen significant drops, with some falling up to 54% as geopolitical tensions impact various sectors.
Stock Market Crash: Stock markets fell sharply on Friday, with the Sensex and Nifty declining significantly. The Indian rupee also hit a fresh record low against the US dollar. These movements were primarily driven by fading hopes for a de-escalation in the Iran-US conflict and continued FPI outflows.
SBI Share Price Live Updates: SBI's Price Action Below 100-Day SMA
ONGC Share Price Live Updates: ONGC records a closing price of Rs 270.2, up 0.8%
Tech Mahindra Share Price Live Updates: Tech Mahindra's Recent Trading Insights
Dr Reddys Share Price Live Updates: Dr. Reddys Market Performance
RIL Share Price Live Updates: RIL's Stock Update
HCL Tech Share Price Live Updates: HCL Tech's Current Market Price
BPCL Share Price Live Updates: BPCL's Market Performance Update
Titan Company Share Price Live Updates: Titan Company Sees Slight Decline in Current Price
Tata Motors PV Share Price Live Updates: Tata Motors PV's stock faces a notable drop
HPCL, BPCL, IOC shares rise up to 4% as govt cuts excise duty on petrol and diesel; what lies ahead?
Oil marketing company shares are in focus after the government reduced excise duty on petrol and scrapped it on diesel. This move follows a surge in global crude oil prices and a price hike by private retailer Nayara Energy. Brokerages, however, remain cautious, citing potential margin pressures and elevated oil prices.
Tata Motors PV shares drop 3% as JLR suspends operations at UK plant amid supply squeeze
Tata Motors PV share price fell 3% on Friday. Production at its luxury unit, Jaguar Land Rover, might be impacted. The Solihull plant faced a temporary shutdown due to supplier issues. This follows a prior cyberattack that disrupted JLR's operations and finances. The company's stock has seen a decline recently. Investors are watching these developments closely.
LIC shares fall 2% after insurer gets Rs 7,100-crore income tax demand order
Life Insurance Corporation of India (LIC) shares declined 2% after the company disclosed an income tax demand order of Rs 7,100 crore for FY21-22. The demand includes Rs 6,147 crore in tax and Rs 953 crore in interest, stemming from various alleged violations. LIC stated the order is appealable and will not materially impact operations.
SIP investors win abroad, lose at home: FY26 delivers a wake-up call on asset allocation
Indian equity investors faced losses while international funds delivered triple-digit returns in FY26, driven by global tech growth and commodity price surges. While domestic schemes struggled, international investments showcased the benefits of global diversification, though experts advise against chasing past performance and advocate for a balanced portfolio allocation.
Mankind Pharma share price surged 2% after Morgan Stanley initiated coverage with an 'Overweight' rating and a Rs 2,500 target price, citing strong growth potential. The brokerage anticipates robust revenue and EPS growth driven by domestic business recovery and the BSV segment, favoring Mankind Pharma for its favorable risk-reward profile.
Sammaan Capital among 8 stocks showing bullish RSI upswing
Eight Nifty 500 stocks that gained over 5% on March 25 appeared in the RSI Trending Up scan. Their RSI moved above the 50 mark from lower levels, signalling strengthening price momentum. Such indicators are often tracked by traders to identify improving sentiment and potential bullish opportunities across select counters in the broader market.
Infosys share price gained over 1% rose after announcing the acquisition of two US-based firms, Optimum Healthcare IT for $465 million and Stratus for $95 million. These all-cash deals aim to bolster Infosys' presence in healthcare and insurance sectors, bringing in over 2,000 professionals and enhancing its digital transformation capabilities.
Positive Breakout: These 14 stocks cross above their 200 DMAs
As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.
Hind Rectifiers shares in focus as stock set to adjust to 1:1 bonus issue
Hind Rectifiers is issuing bonus equity shares. Shareholders owning stock on March 27 will receive free shares. This corporate action increases share count without changing total value. The company reported strong profit and revenue growth. Its stock has seen significant gains over various periods. This move signals financial strength and growth prospects for Hind Rectifiers.
US Stock Market: An 800-year-old math principle to spot bottom of S&P 500's rout
The S&P 500 Index faces its worst month in a year. Technical analysis points to a potential 9% drop before finding support. This level, known as the 50% Fibonacci retracement, is a key indicator for traders. Geopolitical events and oil prices add to market uncertainty. Investors watch for resolutions to global conflicts and inflation pressures.
GIFT Nifty down 170 points; here's the trading setup for today's session
Indian stock markets saw a strong rally on Wednesday, with the Nifty and Sensex closing higher for the second consecutive session. Gains in banking, auto, and consumer stocks boosted market sentiment. The market experienced a pullback after a recent decline. Volatility is expected to continue due to global factors. The Indian Rupee saw a slight weakening.
