Gland Pharma,6 stocks hit 52-week highs, rally up to 20% in a month
Despite a marginal rise in the Sensex, seven BSE 500 stocks touched fresh 52-week highs, signalling strong bullish momentum. Gland Pharma, Solar Industries, Laurus Labs, and Sun Pharma were among the key gainers, supported by solid monthly performance and sustained investor buying interest.
Gold loan giant Muthoot FinCorp plans Rs 4,000 crore IPO. Check details
Muthoot FinCorp has approved plans to raise up to Rs 4,000 crore via an IPO, aiming to fund expansion in the fast-growing gold loan market. The company, fully owned by its promoter family, plans a fresh issue of shares as strong gold prices and demand boost sector growth prospects.
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here’s why
IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.
Market moves driven more by psychology than fundamentals: Samir Arora
Indian stock markets are caught between global worries and strong domestic company profits. Foreign investor activity, oil price swings, and economic news are shaping market mood. Samir Arora of Helios Capital believes current market jitters are more about perception than lasting damage. He notes corporate earnings are exceeding expectations.
Why Samsung shares just surged 7% to save Kospi from a tragic market meltdown
Samsung Electronics shares surged sharply on Monday after the company resumed mediated wage negotiations with its largest labour union, easing fears of a disruptive strike. The rebound helped lift the KOSPI, as Samsung’s heavy index weight amplified the market impact. Investor sentiment improved after political and corporate leaders intervened to calm tensions.
HAL shares fall 10% in 3 days after Q4 results but Jefferies, Nuvama, other brokerages are raising target prices, here’s why
Hindustan Aeronautics (HAL) shares fell sharply in three days post-Q4 results, even as major brokerages like Jefferies, Nuvama and Equirus raised target prices. Despite a modest profit and revenue rise, execution delays and softer margins weighed on sentiment. However, strong order backlog and upcoming Tejas Mk1A deliveries keep long-term outlook positive.
Kaynes Technology shares tumble 25% in 3 days after weak Q4; Elara cuts rating to ‘Accumulate’
Kaynes Technology India shares tumbled nearly 25% in three days following a weaker-than-expected Q4 performance and a downgrade by Elara Securities. The company missed key FY26 guidance metrics, including revenue and operating cash flow. While FY27 growth targets were lowered, the firm anticipates future revenue contributions from its OSAT plant.
Macro worries cloud markets, but domestic fundamentals offer cushion: Sandip Sabharwal
Market expert Sandip Sabharwal highlights that despite global headwinds like rising crude oil and currency weakness, Indian corporate fundamentals offer stability. He views the Bharti-Prudential deal positively for FDI and sees potential tactical upside in the IT sector, while cautioning about Vodafone Idea’s structural challenges and favoring private banks over PSUs.
Hindustan Zinc shares crack 7% in two sessions. What’s behind the sharp slide?
Hindustan Zinc shares fell as silver prices crashed sharply on Multi Commodity Exchange of India. MCX silver plunged over Rs 5,000 per kg in a day and has corrected nearly 13% from recent highs following the government’s import duty hike, amid rising Iran war tensions and fading hopes of a rate cut.
Amber Enterprises shares crash 18% after Q4 results. What’s spooking investors?
Amber Enterprises shares plunged almost 18% on Monday. This followed the company’s January-March quarter results. Net profit rose 15% year-on-year to Rs 134 crore. Revenue grew over 10% to Rs 4,148 crore. However, adjusted profit after tax declined significantly due to JV losses. The company anticipates future margin pressure.