BSE 100 rejig: Paytm, Ashok Leyland and CG Power enter index; Adani Group-owned Ambuja, 2 more exit
Paytm, Ashok Leyland, and CG Power were added to the BSE 100, replacing Ambuja Cements, Tube Investments, and Colgate-Palmolive, effective today. TVS Motor entered the BSE Sensex 50, dislodging Adani Enterprises.
Deepa Jewellers, Cotec Healthcare receive Sebi approval for IPOs
Deepa Jewellers, a B2B hallmarked gold jewellery processor based in Hyderabad, and Cotec Healthcare, a pharmaceutical CDMO, both received SEBI approval for their IPOs. Deepa’s IPO includes a Rs 250 crore fresh issue and an offer for sale by promoters.
Bank Nifty near key resistance zone; breakout above 54,300 crucial: Ajit Mishra
Indian equity markets are consolidating within a narrow range, with Nifty struggling to break 24,000 and Bank Nifty showing relative strength. Sector rotation is active, offering stock-specific opportunities in pharma, healthcare, energy, auto, and capital market-related stocks. Traders are advised to use range strategies and defined-risk options due to muted overall momentum.
Markets to enter prolonged “drag phase,” not deep correction: Vikas Khemani
Market expert Vikas Khemani anticipates a consolidation phase for Indian equities rather than a sharp breakout, citing persistent global macro uncertainty and sticky energy prices. While corporate earnings have held steady, the full impact of global disruptions is yet to be felt, suggesting a prolonged drag rather than a major fall.
Nifty Bank rises 650 points as report says RBI unlikely to hike rates to defend rupee; Axis, ICICI, HDFC shares jump up to 2%
Indian bank stocks surged on Friday morning. This followed a report indicating the Reserve Bank of India is not planning interest rate hikes to counter the rupee’s decline. The RBI is reportedly focusing on inflation as the primary driver for its monetary policy decisions. Other measures are being considered in coordination with the government.
ITC has paid dividends worth Rs 90 per share since 2020. Should you buy?
ITC has announced a final payout of Rs 8 per share for FY26, taking its total distribution since 2020 to Rs 90.5 per share. The FMCG giant has issued 32 payouts since 2001 and currently offers a 4.71% yield, with the latest payout subject to AGM approval.
MTAR Tech shares soar 24% in just three sessions. What’s triggering this renewed buying spree?
MTAR Technologies shares jumped, extending a three-day rally to 24%, after the company secured a Rs 467.3 crore order from an international client. The firm said the deal is part of ongoing business with an existing customer, though the client’s name remains undisclosed due to confidentiality.
Paytm shares drop 4% after SAIF Partners, others likely sell stake worth Rs 960 crore
Shares of One 97 Communications, the parent of Paytm, fell sharply on Friday after existing investors, including SAIF Partners and Elevation Capital, likely sold shares worth Rs 960 crore. Around 86 lakh shares changed hands in a large block deal, pressuring the stock despite broader market gains.
Rahul Shah bullish on pharma, sees Sun Pharma and Aurobindo as key large-cap plays
Indian equity markets show a mixed but improving consumption trend, with selective FMCG and premium retail outperforming. Page Industries is highlighted as a strong recovery story, while Nykaa and Honasa are viewed cautiously. The pharma sector continues its outperformance, with Sun Pharma and Aurobindo Pharma looking attractive.
RCF shares jump 7% as Q4 profit soars 158% YoY to Rs 187 crore
Rashtriya Chemicals & Fertilizers shares rose sharply on Friday after the company’s Q4FY26 results showed a 158% YoY surge in net profit to Rs 187 crore and a 49.6% rise in revenue. FY26 profit and revenue also grew strongly, while the company announced a Rs 1.34/share dividend, boosting investor sentiment despite muted long-term stock performance.