Stocks in news: ITC, Vedanta, Paytm, Swiggy, Akzo Nobel, Tata Motors
Markets showed high volatility but gained over half a percent as investor optimism returned, with the Nifty index nearing a crucial 25,350 level. Several companies, including ITC, Vedanta, and Tata Motors, are in focus due to Q3 results and other corporate developments.
Gold extends record rally, US stock futures drop
Gold and oil prices surged as geopolitical tensions escalated and the Federal Reserve maintained its stance on interest rates. Gold broke above $5,550, while oil advanced on concerns over Iran. US equity futures dipped amid mixed tech earnings, with investors awaiting further clarity on interest rate paths.
eClerx Services announces 1:1 bonus issue, reports 40% YoY Q3 PAT growth
eClerx Services approved a 1:1 bonus share issue alongside robust Q3FY26 results. Net profit rose 40% year-on-year, while revenue grew strongly, supported by steady execution, higher USD revenues, and resilient operating performance despite marginal margin compression.
Cipla Share Price Live Updates: Cipla's Trading Summary
SBI Share Price Live Updates: SBI's Market Update
Stock Picks This Week: Buy APL Apollo; Sell IEX, Hero MotoCorp, says Axis Securities
Axis Securities expects a weak Nifty trend this week and recommends buying APL Apollo while advising sells on IEX and Hero MotoCorp based on bearish technical signals.
Jefferies cuts Paytm price target to Rs 1,450 on incentive structure changes
Jefferies has cut its price target on Paytm to Rs 1,450 after removing PIDF incentives from estimates, trimming EBITDA forecasts for FY27 and FY28. Despite the downgrade, the brokerage maintained its Buy rating, citing strong core business traction.
Mahindra, Tata, Hyundai, other auto stocks fall up to 5%. Heres why
Auto stocks fell sharply as investors reacted to reports that the India EU free trade agreement could significantly lower import tariffs on European cars. Concerns over increased competition weighed on shares of Mahindra, Tata Motors, Hyundai and Maruti Suzuki.
