Varun Beverages shares have declined over the past year, but analysts remain optimistic about long-term growth driven by expansion, product diversification and favourable weather conditions. Motilal Oswal sees over 35% upside, supported by capacity additions, international growth and improving demand outlook for the Pepsi bottler.Read More
The Indian rupee fell to a record low on Wednesday, extending a rough patch as the raging conflict in the Middle East kept oil prices elevated, raising macroeconomic risks for Asia’s third-largest economy and sparking capital outflows.Read More
In the NSE midcap segment, eight companies have notably improved their EPS, showing increases for four consecutive quarters (till December’25 quarter) compared to the previous quarter, according to profitability scan data from StockEdge.com.Read More
Indian markets extended a three-day rally, with Sensex rising over 700 points intraday and Nifty closing at 23,777. Gains were led by IT, realty, and auto stocks amid short covering and sectoral rotation. Analysts caution that resistance near 23,850–24,000 and geopolitical risks, crude prices, and rupee weakness could limit further upside.Read More
Thousands of National Stock Exchange shareholders may soon get an exit opportunity via the bourse’s upcoming IPO, as it plans to allow eligible unlisted investors to tender shares under the offer-for-sale route. The process, expected to take over a month, will precede the filing of draft papers with regulators, likely by end-May, as required by...Read More
Jio Financial Services shares surged 5.4% to Rs 250.50 amid strong volumes, extending gains to a second session. The rally was fueled by positive market sentiment and news of Jio Platforms appointing 17 investment banks for its potential IPO. Despite recent underperformance, the stock saw significant trading activity.Read More
European shares extended their rebound on Wednesday as retreating crude prices boosted sentiment, while investors also awaited an interest rate decision from the U.S. Federal Reserve.Read More
The Indian rupee hit a new lifetime low of 92.62 against the dollar on Monday, extending recent losses. Elevated oil prices, driven by the Middle East conflict, are increasing economic risks for India and deterring capital inflows. Brent crude has surged approximately 40% since the conflict began, impacting global energy markets.Read More
Axis Bank shares gained after the lender approved a Rs 1,500 crore capital infusion into its NBFC arm, Axis Finance. The move follows a pause in stake sale plans amid regulatory changes. The investment aims to support growth, while the subsidiary prepares to present a revised strategy and capital requirements.Read More
Waaree Energies shares climbed significantly on Wednesday. This surge follows the company’s announcement of a major solar ingot and wafer manufacturing facility in Nagpur. The 10 GW capacity unit is set to boost India’s clean energy manufacturing. Additionally, Waaree Energies is now the title sponsor for Rajasthan Royals. This partnership aims to promote clean...Read More
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