Stocks

Food safety regulator seeks explanation on complaints ranging from expired products to licensing and compliance issues.

Nifty Metal fell 1.13%, followed by Nifty Financial Services at 1.03% and Nifty Consumption at 0.98%. Nifty IT gained 0.53%, while Nifty Pharma rose 0.13%.

Shares of IOCL, BPCL, and HPCL opened nearly 2% lower each and extended losses trade in red amid a broader bearish sentiment across the domestic frontline indices.

Kalyan Jewellers shares continued to trade higher on Monday, up 9% at Rs 518.50 per share in morning trade.

CarTrade Tech has set a target price of Rs 4,000 on CarTrade Tech shares, marking an upside of 42.3%

Stock remains under insolvency-linked surveillance framework as company seeks review of trading restrictions.

Stock Market Crash: Sensex and Nifty 50 traded lower on Monday in a broad-based sell-off as renewed fighting in the Middle East and Iran's claim to have closed the vital Strait of Hormuz again pushed crude oil prices higher.

Morgan Stanley kept its 'Underweight' call and Rs 185 target price, saying the NBFC's valuation reflects more optimism than its earnings and growth outlook justify despite a modest first-quarter beat.

Morgan Stanley and Bernstein remain positive on Avenue Supermarts, while Citi and Goldman Sachs stay cautious over slowing growth and rising competition from quick commerce.

LTM said AI-related revenue reached a quarterly run rate of $150 million, accounting for 12.2% of revenue, a higher share than TCS and HCLTech despite their larger AI businesses.