IT STOCKS RALLY
Wall St Week Ahead: Investors brace for possible rate hike at uncertain Fed meeting
As the Federal Reserve's interest rate decision looms next week, investors are on edge, aware that this could disrupt the ongoing stock market rally alongside rising bond yields. The latest consumer inflation data from August has sparked expectations of a rate hike, with the likelihood of a quarter-percentage point increase gaining traction. The Fed's forthcoming choice will play a crucial role in shaping the monetary policy landscape ahead.
Motilal Oswal Digital India Fund NAV jumps 10% in five days. What’s driving the rally?
Motilal Oswal Digital India Fund’s NAV rose over 5% in five days, helped by its sizeable ESDS Software holding. The stock’s sharp post-listing rally has boosted the thematic fund, highlighting how concentrated positions can amplify NAV gains and volatility.
Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giant
Bernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings drivers. The brokerage has set a Rs 2,200 target, implying further upside, while flagging key downside risks.
Global Market: China, Hong Kong stocks fall as rate hike fears weigh on sentiment
China and Hong Kong stocks fell on Friday, with the CSI300 and Hang Seng heading for weekly losses amid thin trading volumes, weaker liquidity and rising expectations of further US interest rate hikes. Mainland metal stocks led declines, while oil shares gained on stronger crude prices.
Midcap rally hides a deeper split: Every second stock down but index up 11% in 1 year. Are investors walking on thin ice?
The Nifty Midcap 150 has gained around 11% over the past year, outperforming the Nifty’s 6% decline. However, the gains have been uneven, with more than half of its constituents still in the red and some down as much as 70%. SKF India, KPIT Tech, Syngene International, RVNL, Tata Elxsi and Emami are among the notable laggards.
ESDS Software Solution jumps 5%, extends 6-session rally; shares up 287% from IPO price
ESDS Software Solution shares extended their post-listing rally to six sessions, surging 287% from the IPO price. Strong issue demand, rising investor optimism around data centres and improved FY26 profitability have added momentum to the stock.
- Go To Page 1
Jefferies says Adani Enterprises is the ‘platform behind platforms’ with 4 major growth levers
Jefferies retained a Buy rating on Adani Enterprises with a Rs 3,830 target, citing its infrastructure incubation model and strong growth potential. The brokerage expects a 23% EBITDA CAGR through FY31, led by airports, data centres and ANIL.
D-St set for a cautious opening as GIFT Nifty signals muted start
The Indian stock markets were under considerable selling pressure on Wednesday, highlighted by Brent crude oil prices crossing the $100 mark. This uptick in oil prices dampened investor morale, prompting foreign portfolio investors to sell off shares. Conversely, domestic institutional investors capitalized on the situation to purchase stocks. Coupled with these changes, the Indian Rupee faced depreciation against the US dollar.
Ather Energy shares rise 3% as Nomura raises target price; stock up nearly 200% in 1 year
Ather Energy shares rose after Nomura raised its target to Rs 1,926, citing faster EV adoption, the Konarc launch and stronger growth prospects. The brokerage retained its Buy rating and raised its EV penetration forecast for FY30.
ESDS Software shares rally 10%, skyrocket 235% from IPO price in 4 days. Should you buy or sell?
ESDS Software share price has surged 235% from its IPO price in just four sessions, with the stock hitting the upper circuit in every session since listing. While analysts remain positive on the company’s long-term growth prospects, they flag elevated valuations and execution risks.
IFCI shares fall 4% on reports of lower price band for NSE IPO
IFCI shares fell sharply on Wednesday after reports suggested NSE could price its IPO below earlier indications and reduce the stake offered. The proposed price band of Rs 1,700–1,785 values NSE at around Rs 4.4 lakh crore. IFCI’s indirect exposure to NSE through Stock Holding Corporation has put its shares under pressure.
ASM Tech shares rally 10% to record high as Radhakishan Damani, Mukul Agrawal join Rs 526-crore preferential issue
ASM Technologies share price rallied sharply on Wednesday to hit a record high after the company approved a Rs 526-crore preferential issue involving entities linked to Radhakishan Damani and Mukul Agrawal. The engineering services firm will issue 10.78 lakh shares at Rs 4,875 apiece, while existing investors will gain fresh exposure.
PC Jeweller shares jump 4%, surge 38% in one week. What's polishing the stock's shine?
PC Jeweller shares have surged 38% in a week and 40% in a month as the company moves closer to becoming debt-free. The jeweller has repaid outstanding dues to 10 of 14 consortium banks and cleared more than 96% of the remaining debt.
Nifty drops 4% in less than 5 weeks despite attractive valuations in largecaps. What can reverse this trend?
Despite their appealing valuations, Indian largecap stocks are currently on a downward trend. Meanwhile, the mid and smallcap sectors are enjoying consistent monthly SIP inflows. Analysts predict that a trend reversal for largecaps is on the horizon, spurred by upcoming mega IPOs from NSE and Jio. Investors are encouraged to prioritize largecap stocks with robust earnings visibility.
FPIs sell $1.6 billion of Indian stocks in five trading sessions
After a brief period of optimism, foreign investors are retreating from Indian stocks as rising crude oil prices and escalating global bond yields shift market dynamics. This change reflects a waning interest in emerging market growth assets, compounded by profit-taking strategies and a pivot towards AI investments. While domestic buying could offer some support, ongoing external pressures may dampen overall returns.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian equities extended their decline on Tuesday, with Sensex falling 555 points and Nifty ending below 23,650. Analysts cited elevated crude prices, Fed rate hike concerns and IPO fund absorption, while technical signals suggested 23,600 as key Nifty support.
HFCL, Sterlite Tech shares jump 5%: What’s driving up to 705% multibagger run?
HFCL and Sterlite Technologies hit their upper circuits on Tuesday, extending their sharp 2026 rallies on strong business updates. HFCL has surged over 267% so far this year, while Sterlite Tech has delivered a staggering 705% return, making both standout multibaggers.
Global Market: China stocks edge higher as agriculture, energy and gold shares offset tech weakness
China’s stock markets edged higher on Tuesday, led by agriculture, energy and gold-related shares, while technology stocks declined. The CSI 300 rose 0.1% and the Shanghai Composite gained 0.4%, while Hong Kong’s Hang Seng fell 0.3% as escalating Middle East tensions weighed on sentiment. Investors are also awaiting US inflation data for clues on the Federal Reserve’s interest-rate outlook, keeping global markets cautious.
Explosive Gains! ESDS Software shares skyrocket 195% from IPO price in 3 sessions
ESDS Software shares extended their post-listing rally for a third session, rising 16.21% to Rs 1,266, nearly 195% above the IPO price of Rs 429. The surge follows a 136-times subscribed IPO, improved financial performance and plans to invest heavily in cloud and data-centre infrastructure.
Hindustan Copper shares jump 4% as copper prices surge to all-time high. What’s driving the red metal’s red hot rally?
Hindustan Copper shares jumped over 4% as copper prices hit record highs amid supply concerns and a weaker US dollar. LME copper touched $14,533 per tonne, while MCX futures neared lifetime highs. Hindustan Copper, India’s only integrated copper producer with captive mines, has gained over 115% in the past year.
BSE IPO index surges 35% in five months of FY27, hits record high on strong listings
The BSE IPO index reached an all-time high, surging 35% in five months. Its SME counterpart also jumped 55%, marking a strong performance for recent listings. These gains significantly outpaced the broader market indices like Sensex and Nifty. However, the rally was concentrated, with a few stocks driving most of the gains. Retail and HNI investors are favoring fresh growth stories over established large-cap companies.
Holiday Halt: Why NYSE, Nasdaq are closed for trading today
Wall Street is closed Monday, September 7, for Labor Day, with trading resuming Tuesday. Investors face a crucial week as stronger August jobs data boosts expectations of tighter Fed policy. Attention will shift to upcoming CPI inflation data, oil prices, Treasury yields and geopolitical tensions, which could drive market volatility.
Market wrap: L&T, Bharti Airtel, Infosys, Tech Mahindra top gainers and losers on Nifty and Sensex on Monday
Indian markets ended lower on Monday, with Sensex and Nifty falling 0.5% each as elevated crude oil prices and geopolitical uncertainty weighed on sentiment. IT and media stocks faced heavy selling, while pharma and healthcare outperformed. Infosys, SBI Life and HDFC Life were among the top losers.
ESDS Software extends post-IPO rally, hits 20% upper circuit. Choice Equities sees more upside
ESDS Software Share Price: ESDS Software Solution shares extended their post-listing rally, hitting the upper circuit after a strong IPO debut. The stock has surged sharply above its Rs 429 issue price, while Choice Institutional Equities has initiated coverage with a Buy rating and a Rs 1,550 target, citing strong AI infrastructure and cloud growth prospects.
Smallcap mutual funds outperform with 21% return in 6 months. Should investors chase the rally or wait for correction?
In the past six months, smallcap mutual funds have delivered excellent returns, prompting investors to reassess their future investment plans. Experts recommend maintaining a careful allocation to small-cap funds, suggesting that any additional investments should be made gradually in the forthcoming months. Investors should prioritize consistent and methodical allocation instead of impulsively pursuing market rallies.
GST reforms rewrote the auto stock map: Who won, who lost and where can investors still make money?
The recent GST reforms have significantly impacted the automotive stock market following a rate cut announcement. Notably, Sona BLW Precision Forgings and Samvardhana Motherson International registered impressive growth. Meanwhile, Bajaj Auto, TVS Motor, and Ashok Leyland saw positive movement ahead of their earnings reports. On the downside, stocks like Mahindra & Mahindra and Maruti Suzuki India lagged. Future prospects appear promising, driven by advancements in electric vehicles and fleet modernization.
Looking for value in penny stocks? 6 names with high PBV under Rs 10 soar up to 1,500%
Penny stocks with appealingly low price-to-book ratios have made remarkable strides, effectively doubling the wealth of cautious investors over the last year. Bhagawati Gas has distinguished itself with a notable rise in its share price. While a few companies experienced drops in revenue, others triumphantly announced profit growth. Investors must prudently evaluate corporate governance and asset quality before diving into these opportunities.
IFCI shares rally 6% as NSE IPO buzz lifts sentiment; stock gains 35% in a month
IFCI Share Price: IFCI shares surged over 6% as optimism around the long-awaited NSE IPO boosted investor interest in the state-owned financial services company, which indirectly holds more than 4% of NSE through SHCIL. The stock has rallied nearly 35% in a month, while NSE’s potential IPO valuation and regulatory risks remain key factors for investors.
Midcap Street party turns selective as 15 stocks power 50% of rally
Indian midcap and smallcap indices are near record highs currently. A few select stocks are driving most of these significant gains. This concentration indicates a selective rally rather than broad market health. Analysts suggest earnings growth and sector rotation are fueling this trend. Investors should focus on balance-sheet strength and selective stock picking.
Load More