PSU bank stocks sink up to 12%; Central Bank of India, Punjab & Sind Bank, IOB lead losses
Central Bank of India’s stock dropped nearly 12% today, marking its third consecutive day of losses, after already falling over 6% in the last two trading sessions. Similarly, Punjab & Sind Bank, which had plunged 20% in the previous session, fell another 8.3% on Wednesday.
Shri Ahimsa Naturals shares list at 18% premium on NSE SME platform
Shri Ahimsa Naturals debuts on the NSE SME platform with a strong IPO subscription, pricing at Rs 119 per share and a GMP of 16%. The company, which exports to 14 countries, saw non-institutional investors book the issue nearly 63 times.
Stocks to buy today: Lemon Tree, Piramal Pharma among top 5 trading ideas for 2 April 2025
The Indian stock market is set to consolidate amid muted global cues. Nifty futures closed 1.39% lower at 23,308, while India VIX surged 9%. Experts highlight key support and resistance levels, with options data indicating a broad trading range. Analysts recommend select stocks for short-term trading as volatility remains high ahead of crucial technical levels.
Tata Consumer Products shares surge 8% on Goldman Sachs upgrade, target hiked to Rs 1,200
Tata Consumer Products shares: Tata Consumer Products shares rose 8% to Rs 1,073.15 on the NSE after Goldman Sachs upgraded the stock to a ‘Buy’ rating, increasing its target price to Rs 1,200. This follows expectations of strong EPS growth from a recovery in tea margins and distribution expansion. The stock has surged 41% over […]
KEC International shares in focus on bagging new orders worth Rs 1,236 crore
KEC International secures new orders worth Rs 1,236 crore in both domestic and international markets, including projects in India, the UAE, and Kuwait. The total order intake for FY25 reaches a record Rs 24,600 crore, marking a robust 36% growth compared to last year.
Stocks to buy: HAL, Mphasis and Infosys on investors’ radar
Stock markets experienced a sharp decline on Tuesday with Sensex plunging by 1,390 points. Key stocks in focus included HAL, Mphasis, and Infosys, with experts recommending a ‘buy on dips’ strategy for HAL, a no-trade zone for Mphasis until a clear trend is established, and a ‘sell on rise’ approach for Infosys.
Why it’s crucial to rebalance MF portfolios
Financial planners suggest investors should rebalance their portfolios annually, which could be at the start of the financial year or whenever there is a sharp movement in a particular asset class.
Investors tread warily as tariff clock counts down
Trump’s deliberations over his plans to impose reciprocal tariffs are coming down to the wire, with his team said to be still finalizing the size and scope of the new levies he is slated to unveil. That unpredictability has shaken markets, prompted economists to cut their growth forecasts and forced central bankers to factor in […]
Investors dial into Vi after government takes call
The stock surged 20.15% to close at ₹8.17. Citi reaffirmed its buy rating on the stock with a price target of ₹12, while CLSA upgraded its rating to outperform and raised its price target to ₹10 from ₹6.
Escape to safety takes gold to a record Rs 90,000
Gold is currently trading at ₹90,966 per 10 gm in the physical market, up by ₹1,802 per 10 gm from Friday, when India’s bullion market was last open. The market was closed on Monday due to Eid.