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Federal Bank, Hindustan Zinc and Ashok Leyland were among six stocks that hit fresh 52-week highs, posting gains of up to 17% over the past month amid strong market momentum.
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Structural products maker Renny Strips has filed draft papers with Sebi for an IPO to raise up to Rs 300 crore via a fresh equity issue, along with an offer for sale. The Ludhiana-based firm plans to use proceeds for capacity expansion, debt reduction and strengthening its balance sheet.
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Indian benchmarks slipped marginally as losses in auto, financial and pharma stocks offset gains in IT and FMCG. Stock-specific action dominated, with PVR Inox, TARIL and Indigo rising, while Urban Company, Wakefit and select autos faced selling pressure.
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India’s defence sector is in a strong multi-year upcycle, backed by record order books, rising indigenisation and export demand, says Nirmal Bang’s Jyoti Gupta. While execution will remain milestone-driven and lumpy, structural growth, stable margins and higher budget support keep outlook positive. HAL, BEML, Data Patterns and Solar Industries remain key picks.
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Indian stock markets saw a modest decline on Monday. This ended a two-day rally. Weakness in auto and financial sectors pulled down the markets. Foreign investors continued to pull money out. Uncertainty over a US-India trade deal also impacted sentiment. The Indian Rupee reached a record low against the dollar. The Sensex and Nifty both...
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The Indian rupee hit a fresh record low against the dollar, nearing 90.79, amid stalled US trade talks and significant foreign investor outflows. Despite positive export data narrowing the trade deficit, the currency faces pressure. The Reserve Bank of India likely intervened to slow the decline, with traders anticipating continued gradual depreciation until a trade...
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The rupee weakened further past the 90-per-dollar mark on Monday to a record low for the third consecutive session, driven by concerns over a prolonged deadlock in U.S.-India trade negotiations and persistent portfolio outflows.
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Several NSE largecap companies reported strong year-on-year net profit growth in the September 2025 quarter, with gains exceeding 80%. The surge highlights improved profitability across sectors such as cement, metals, energy, telecom and real estate.
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Urban Company shares declined sharply as the three-month anchor lock-in expired, bringing additional shares into the market. Despite strong listing gains and healthy anchor participation, the stock has corrected significantly from its post-listing peak amid heavy trading volumes.
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Canadian home sales experienced a slight dip of 0.6% in November compared to the previous month, with prices also seeing a marginal decline. This marks a shift from the mid-year surge, settling into a more stable period. Annually, sales are down 10.7%, and the Home Price Index has decreased by 3.7% year-over-year, indicating a cooling...
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