Scan to Download
.jpeg?downsize=1080:540 "Stock Market Today: NSE Expiry Shifts To Tuesday, BSE Gets Thursday; Sensex, Nifty End Lower")
The regulator has approved the draft papers filed by M&B Engineering, Lumino, and Sunshine Pictures on Tuesday.
Read the whole story here.
NSE will benefit from more activity as a result of the SEBI approval, said Chief Business Development Officer Sriram Krishnan. He added that NSE expects to see more activity in contracts on Friday.
For derivatives contracts starting Sept. 1, 2025, the BSE has confirmed that the expiry will be shifted to Thursday.
Benchmark Indices slightly outperformed Broader Market Indices.
Nifty and Sensex close lower for the day.
Hindustan Zinc and Sona BLW are the top losers in Nifty Midcap 150.
Shipping Corp India and Jubilant Ingrevia are the top losers in Nifty smallcap 250.
Nifty Pharma Fall nearly 2% for the day, close as top losing sector for the day.
Granules India and Lupin are the top losers in Nifty Pharma.
Nifty Pharma and Nifty Metal fall more than 1.5% for the day.
All sectoral Indices close lower barring Nifty IT.
Nifty IT gains for the third consecutive day.
Nifty Media, Realty snaps two day gaining streak
Benchmark Indices slightly outperformed Broader Market Indices.
Nifty and Sensex close lower for the day.
Hindustan Zinc and Sona BLW are the top losers in Nifty Midcap 150.
Shipping Corp India and Jubilant Ingrevia are the top losers in Nifty smallcap 250.
Nifty Pharma Fall nearly 2% for the day, close as top losing sector for the day.
Granules India and Lupin are the top losers in Nifty Pharma.
Nifty Pharma and Nifty Metal fall more than 1.5% for the day.
All sectoral Indices close lower barring Nifty IT.
Nifty IT gains for the third consecutive day.
Nifty Media, Realty snaps two day gaining streak
Rupee closes 18 paise weaker against US dollar at 86.24
It's the lowest close level since April 9
It closed at 86.06 a dollar on Monday.
Source: Bloomberg
Rupee closes 18 paise weaker against US dollar at 86.24
It's the lowest close level since April 9
It closed at 86.06 a dollar on Monday.
Source: Bloomberg
SEBI likely to have decided on the expiry day issue
Intimation likely soon on which exchange will get which day
SEBI recently revised expiry day norms
NSE had applied for Tuesday expiry
Regulator likely to send a mail intimating exchanges in the next few hours
Source: People In The Know
Unseasonal rain in May-Jun'25 is est to fuel a 15-20% YoY decline in RAC industry sales
Channel inventory is higher than normal 3-4 weeks
Q1 last year has high summer base
Estimate Q1FY26e Unitary cooling products sales to decline by lower-double-digits for VOLT & BLSTR.
Cuts FY26-28e EPS by ~6%.
Next trigger for RAC volumes could be inventory liquidation in Q3, ahead of new BEE norms from 1 Jan26.
Buy Voltas and Hold Blue star
Risk-reward appears better in Voltas vs. Blue star at current valuations
CG Power Industrial Solutions received an order worth Rs 641 crore from Power Grid Corp for procurement of transformers. Supply of goods is expected to be completed over a period of 18–36 months.
Aether Industries has entered into a contract manufacturing agreement with Milliken & Co’s subsidiary, the exchange filing said.
BEML Ltd.'s order book is expected to double by the end of financial year 2026, according to Chairman and Managing Director Shantanu Roy. Its exciting times for railway, metro and defence and aerospace sectors, he added.
The company expects to add over Rs 14,000-crore orders in FY26. Of this, 20% should come from defence, according to him. "We ended the year at Rs 14,610 crore, and I am looking at the same number as a further order inflow," he told NDTV Profit.
Read the full article.
Seamec Ltd. has announced that its joint venture has successfully acquired the vessel 'CHENNAI VALARACHI' for a total of $7 million.
HCLTech has entered into a strategic partnership with Spain's ASISA to drive digital transformation and expand operations in the Iberian region.
Alert: ASISA Is a health insurance provider
Hindustan Zinc Ltd. will set up a 250 kilo tonne metal complex for Rs 12,000 crore.
Hindustan Zinc has announced plans to set up 250 kilo tonnes metal complex at Debari with capex of Rs 12,000 crore.
(Source: Exchange filing)
Buy rating for the target price of Rs 790, which implied a 31.5% upside
Inorganic focus driving improved business mix
Verticalized org. structure & leadership clarity
Focused AI business unit and investments to drive value
Strategic roadmap for value creation
Buy rating for the target price of Rs 790, which implied a 31.5% upside
Inorganic focus driving improved business mix
Verticalized org. structure & leadership clarity
Focused AI business unit and investments to drive value
Strategic roadmap for value creation
TVS Motor Co. has introduced its all-electric scooter, TVS iQube, in Indonesia at an introductory price of IDR 29.9 million, the company said in the exchange filing.
Alert: IDR Stands For Indonesian Rupiah
NELCO has received additional authorization from the government to operate as a VSAT Virtual Network Operator at the national level.
Allied Blenders and Distillers, through its arm ABD Maestro, has launched Russian Standard Vodka in the Indian market. This introduction marks a significant expansion of their premium spirits portfolio, offering consumers a new choice in high-quality vodka.
Maruti Suzuki India has introduced the Grand Vitara S-CNG, with prices starting at Rs 13.48 lakh (ex-showroom). The new model will be available in two variants: Delta CNG and Zeta CNG, offering customers more choices in the CNG segment.
Baazar Style re-opened a store in West Bengal.
Raminfo has been awarded a substantial contract worth ₹474 crore for the installation of rooftop solar projects.
Siemens Consortium, led by Siemens Ltd., has been awarded a significant contract worth Rs 4,100 crore to equip India's first high-speed rail project.
NBCC (India) Ltd. received a construction order of Rs 172 crore in Kolkata, the exchange filing said.
The share price for Zee Entertainment Enterprises Ltd. rose over 3% to reach a six-month high after the company's board approved plans to raise funds via issue of fully convertible warrants to promotors. The total promoter shareholding will rise to 18.39%.
The share price for Zee Entertainment Enterprises Ltd. rose over 3% to reach a six-month high after the company's board approved plans to raise funds via issue of fully convertible warrants to promotors. The total promoter shareholding will rise to 18.39%.
Metropolis Healthcare has announced the acquisition of the entire business of Dr. Ashok Kumar Sharma’s Scientific Pathology.
Rategain Travel Technologies Ltd. is in pact with Air Montenegro to enhance pricing agility and market competitiveness in Europe.
Inox India Ltd. received multiple orders worth Rs 373 crore, the exchange filing said.
Shares of Biocon Ltd., surged 1.3% on Tuesday after the company's board of directors approved the floor price for the share sale to the institutional investors as the window of its deal opened. The fundraising of up to Rs 4,500 crore will take place through qualified institutional placement.
Shares of Biocon Ltd., surged 1.3% on Tuesday after the company's board of directors approved the floor price for the share sale to the institutional investors as the window of its deal opened. The fundraising of up to Rs 4,500 crore will take place through qualified institutional placement.
Shares of Tanla Platforms Ltd. surged nearly 8% after the company's board of directors approved the buyback of shares worth Rs 175 crore from the public.
The scrip rose as much as 7.69% to Rs 707.70 apiece.
Shares of Tanla Platforms Ltd. surged nearly 8% after the company's board of directors approved the buyback of shares worth Rs 175 crore from the public.
The scrip rose as much as 7.69% to Rs 707.70 apiece.
Navin Fluorine International Ltd. share price jumped 6.22% to Rs 4,794.30 apiece so far on Tuesday. The share price advanced as the growth outlook for Indian chemical companies have brightened.
Morgan Stanley upgraded the stock rating to equalweight and hiked the target price to Rs 4,160 apiece, from Rs 3,242 apiece
Navin Fluorine International Ltd. share price jumped 6.22% to Rs 4,794.30 apiece so far on Tuesday. The share price advanced as the growth outlook for Indian chemical companies have brightened.
Morgan Stanley upgraded the stock rating to equalweight and hiked the target price to Rs 4,160 apiece, from Rs 3,242 apiece
The share price of Max Financial Services Ltd. rose as high as 1.53% to touch an all time high after Citi Research initiated coverage for the company with a 'buy' rating and a target price of Rs 1,840.
The share price of Max Financial Services Ltd. rose as high as 1.53% to touch an all time high after Citi Research initiated coverage for the company with a 'buy' rating and a target price of Rs 1,840.
Vishal Mega Mart share price touched the lowest level in over one month in Tuesday's session as promoter sold stakes in the company.
So far on National Stock Exchange on Tuesday, Vishal Mega Mart's 92.96 crore shares changed hands at the range of Rs 115.16–125 apiece. This means Vishal Mega Mart's 20.22% equity has changed hands.
Vishal Mega Mart share price touched the lowest level in over one month in Tuesday's session as promoter sold stakes in the company.
So far on National Stock Exchange on Tuesday, Vishal Mega Mart's 92.96 crore shares changed hands at the range of Rs 115.16–125 apiece. This means Vishal Mega Mart's 20.22% equity has changed hands.
On NSE, 10 sectoral indices advanced, three declined, and two remained flat out of 15. The NSE Nifty Media advanced the most, and the NSE Nifty Pharma declined the most.
On NSE, 10 sectoral indices advanced, three declined, and two remained flat out of 15. The NSE Nifty Media advanced the most, and the NSE Nifty Pharma declined the most.
HDFC Bank Ltd., Reliance Industries Ltd., Kotak Mahindra Bank Ltd., Bharti Airtel Ltd., and State Bank of India added to the Nifty 50 index.
Tata Motors Ltd., Sun Pharmaceutical Industries Ltd., Eternal Ltd., Larsen & Toubro Ltd., and Oil and Natural Gas Corp limited gains to the index.
HDFC Bank Ltd., Reliance Industries Ltd., Kotak Mahindra Bank Ltd., Bharti Airtel Ltd., and State Bank of India added to the Nifty 50 index.
Tata Motors Ltd., Sun Pharmaceutical Industries Ltd., Eternal Ltd., Larsen & Toubro Ltd., and Oil and Natural Gas Corp limited gains to the index.
The NSE Nifty 50 and BSE Sensex extended gains at open on Tues as Bharti Airtel Ltd. and Reliance Industries Ltd. share prices led. The Nifty 50 was trading 56.20 points or 0.23% down at 24,890.30, and the Sensex was trading 105.69 points or 0.13% down at 81,690.46.
The NSE Nifty 50 and BSE Sensex extended gains at open on Tues as Bharti Airtel Ltd. and Reliance Industries Ltd. share prices led. The Nifty 50 was trading 56.20 points or 0.23% down at 24,890.30, and the Sensex was trading 105.69 points or 0.13% down at 81,690.46.
The Nikkei 225 and TOPIX continued to trade higher as the Bank of Japan kept the benchmark overnight call rate steady at 0.50% in line with expectations.
The central bank will trim bond buying by ¥200 billion per quarter from April 2026. It will respond nimbly in case of a rapid yield rise.
At pre-open, the NSE Nifty 50 was trading 0.06% or 14.75 points higher at 24,961.25, and the BSE Sensex was trading 0.10% or 79.33 points higher at 81,875.48.
The 10-year bond yield opened flat at 6.26%
Source: Cogencis
Rupee opened flat against US dollar at 86.07
Source: Bloomberg
AGS Transact Technologies put up bouncers outside its office as employees started showing up to demand payment of dues
Of 2,500 employees, less than 50 are actively working for AGS now
Many employees unable to formally quit as HR dept stops showing up to work over unpaid dues
Resignations not being processed, relieving letters not being issued, PFs not being transferred
Difficult to take up other jobs without relieving letter or transferred PF
Chairman promised repayment plan by mid-April, but did not follow up on it
Source: AGS employees
Citi Research started covering Max Financial Services Ltd. The brokerage has a Buy rating on the stock with Rs 1,840 apiece, which implied a 21% upside.
Value Axis Max Life at 21x Value of New Business (2.1x Price to Embedded Value)
The company has reiterated focus on reverse merging operational business with listed co Regulatory headwinds and uncertainty on tax implications drives holding company discount (~20%)
ROEV to sustain due to balanced product mix, diversified distribution agile execution and growth stability
Monitorable: Improvement in margins is crucial to rerating
Yes Bank Ltd. received order worth Rs 78 crore from single trust in security receipts portfolio, the lender said in the exchange filing.
KFC's and Burger King's strong growth trajectory continues
McDonald's continues to lag local restaurants while KFC and Burger King gain
Believes competitive intensity remains high
Maintain underperform on Jubilant FoodWorks and Westlife
Maintains outperform on Devyani international and Restaurants Brands Asia
HSBC Global Research has forecasted an increase in discretionary consumption in India, projecting an annual boost of $30-40 billion or up to Rs 3,400 crore approximately over the next 18-24 months. This surge, representing roughly 10-15% of total discretionary spending, is expected to be driven by several key factors.
Read the full article here.
Maintains Sell, and hiked the target price to Rs 1430 vs Rs 1265 earlier
Revises FY26E-27E estimates marginally to incorporate changes in the exchange rate and operational parameters
Assigns multiple of 21x Mar'27E vs 20x Sep'26E given the recent rerating in the sector
Gold prices advanced early Tuesday as investors sought relief in the safe haven amid a growing fear of escalation between Israel and Iran.
The Bloomberg spot gold settled 1.37% down at $3,385.23 an ounce on Monday. It was trading 0.27% higher at $3,394.39 an ounce as of 7:47 a.m.
Oil future prices rebounded in Asia session after US President Donald Trump called for Tehran evacuation. He is also leaving G-7 summit early to attend many important matters, as reported by Bloomberg.
Brent crude's August future settled 1.35% down at $73.23 a barrel on Monday. However, it has risen 2.21% to $74.85 a barrel so far today. As of 7:44 a.m., brent crude was trading 1.35% higher at $74.17 a barrel.
Asia-pacific share indices advanced early trade on Tuesday as investors assess the ongoing Israel and Iran conflict. The CSI 300 and Hang Seng were trading 0.06% and 0.08%b higher, respectively as of 7:36 a.m.
The Nikkei 225 was trading 0.58% higher at 38,540.44 as of 7:37 a.m. before the Bank of Japan announces its rate decision. The central bank will likely keep the benchmark rate unchanged.
US futures slipped in Asia session as US President Donald Trump asked people to evacuate Tehran after deciding to leave G-7 summit Monday. His actions are in contrast to what Trump said earlier. He assured that the conflict between Israel and Tehran will not end into a full-fledged war.
The Dow Jones Industrial Average and S&P Futures were trading 0.32% and 0.34% down, respectively as of 7:32 a.m. The Nasdaq 100 future was trading 0.36% down.
On Monday, the Dow Jones Industrial Average rose 0.75% to 42,515.09. The S&P 500 rose 0.94% at 6,033.11, and the Nasdaq Composite rose 1.52% at 19,701.21 on optimism that the Israel and Iran tension will fizzle out.
The GIFT Nifty was trading 0.02% or 6 points down at 25,004 as of 6:40 a.m., which implied a slight lower open for the benchmark Nifty 50 index.
Traders will keep an eye on Zee Entertainment Enterprises Ltd., Biocon Ltd., and Tata Consultancy Services Ltd., and HCLTech Ltd. because of the overnight news flow.
The benchmark equity broke a two-session losing streak and closed higher on Monday.
The NSE Nifty 50 ended 227.9 points or 0.92% higher at 24,946.5, while the BSE Sensex closed 677.55 points or 0.84% up at 81,796.15.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
