Forcing short sellers to run for cover and with the potential of foreign institutional investors (FIIs) returning to Dalal Street with pockets full of cash, the Sensex zoomed over 4,000 points while the Nifty shot up around 5% to close to its all-time high of 26,373 on Tuesday following the announcement of the India-US trade […]
Markets traded on a downward trend on Friday to end lower, pressured by mixed global cues and caution over the Union budget. With all eyes on the Union Budget, analysts expect increased volatility during the special trading session on Sunday and suggest a hedged approach be preferred.In today’s trading, shares of Meesho, Bajaj Auto, Adani […]
Sun Pharma on Saturday reported a 15% rise in third-quarter revenue to Rs 15,469 crore, while net profit rose 16% year-on-year to Rs 3,368 crore, driven by the growth of its branded businesses in India, emerging markets and global innovative medicines.“Our innovative product offering has been further expanded with the launch of Unloxcyt in the […]
Private sector lender IDFC First Bank on Saturday reported a 48% year-on-year rise in net profit to Rs 503 crore for the third quarter of FY26, compared to Rs 339 crore in the same period last fiscal.Net interest income or NII grew 12% year-on-year to Rs 5,492.4 crore, compared to Rs 4,902 crore in the […]
Pharma giant Sun Pharmaceuticals on Saturday reported a consolidated net profit of Rs 3,369 crore in the third quarter of FY26, marking a sharp increase of 16% from Rs 2,903 crore in the same quarter last year. Revenue from operations rose 13% to Rs 15,520 crore, the company said in a regulatory filing. This translates […]
The Indian market ended higher on Friday, with the Sensex and Nifty rising decisively, after a strong earnings surprise from Infosys reignited risk appetite and pulled heavyweight IT stocks sharply higher, among other factors. The rally pushed the Sensex and Nifty to new intraday highs, overturning recent caution and setting a bullish tone for the […]
Indian shares closed lower on Wednesday, with the Sensex and Nifty continuing their declines, as concerns over possible US tariffs and continued foreign investor outflows outweighed gains in metals and banking stocks.The benchmark BSE Sensex fell 245 points, or 0.29%, to end at 83,382.71, while the NSE Nifty 50 fell 66.7 points, or 0.26%, to […]
Equity benchmarks Nifty and Sensex started 2026 on a strong footing, posting gains for the second straight session, driven by sharp rallies in auto, banking and IT stocks even as steep declines in major FMCG names capped the upside.At around 9:45 am, the BSE Sensex rose 220 points, or 0.26%, to open at 85,444, while […]
After a volatile and largely disappointing 2025 for equity investors, seasoned market expert Dipan Mehta, director at Elixir Equities, believes 2026 could mark a meaningful turnaround – driven by an earnings rebound, selective stock selection and a shift towards export-oriented sectors.Speaking to ET Now, Mehta said 2025 looked like a ‘bear market in disguise’ despite […]
According to Pankaj Pandey, head of research at ICICIdirect.com, India’s defense production, certain consumption patterns and the financial sector continue to offer strong long-term growth prospects even as sector rotation drives market performance in the short term.Speaking to ET Now, Pandey said faster conversion of defense approvals into executable orders will be a major positive […]