Ten BSE-listed stocks, including Bajaj Auto and TVS Motor, hit fresh 52-week highs despite a flat market, extending monthly gains of up to 20% and signalling strong bullish momentum.Read More

Indian markets ended flat on Thursday as ITC and Godfrey Phillips tumbled on higher tobacco excise, while Vodafone Idea and Ashok Leyland gained on positive developments.Read More

The Indian rupee ‍welcomed 2026 with a marginal ​decline, weighed down by dollar demand from corporates, while ⁠thin volumes in the first trading of the New Year curbed any major movements, according to traders.Read More

Nuvama cut ITC’s target price to Rs 415 and downgraded the stock to hold after the government announced a sharper-than-expected hike in cigarette taxes. The brokerage expects price hikes to hurt volumes and EBITDA from FY27, prompting earnings downgrades. However, strong cash flows, a high dividend payout and growth in non-tobacco businesses offer downside support.Read More

The BSE Sensex slipped 32 points, or 0.04%, to close at 85,188.60, while the NSE Nifty 50 edged up 17 points, or 0.06%, to settle at 26,146.55, hovering comfortably above the 26,100 mark.Read More

India’s top business houses experienced a mixed 2025, with Reliance Industries leading wealth creation and Tata Group facing significant market value erosion. While some conglomerates saw substantial gains driven by specific sectors and companies, others grappled with weak earnings and sector-specific challenges, reflecting selective investor optimism.Read More

Vodafone Idea receives a five-year moratorium on AGR dues, easing near-term cash flow but leaving high leverage and spectrum obligations a major concern.Read More

Vedanta has slipped to seventh place in India’s dividend yield rankings, with smallcap Multibase India taking the top spot at a staggering 24.8%, followed by Allcargo Logistics and Premco Global. SBI Securities’ latest review highlights a major shake-up driven by sharp price moves and shifting payout trends across companies.Read More

ITC shares fell sharply on Thursday, erasing over Rs 50,000 crore in market value after a steep new cigarette tax spooked investors. The excise hike—on top of GST—may force price increases of 15% or more, raising risks of volume loss and a shift toward illicit trade, analysts warned.Read More

Jefferies warned that the sharp hike in cigarette excise duty is clearly negative for ITC in the near term, likely hurting volumes and earnings. The brokerage called the move a major negative surprise for the legal cigarette industry, estimating over a 20% rise in effective tax incidence, and said it increases policy uncertainty despite its...Read More