The equity benchmark indices BSE Sensex and NSE Nifty staged a recovery from the day’s lows to close near the flatline on Monday (May 18), while broader markets underperformed and market breadth remained tilted in favour of declines. The Sensex rose 77 points to close at 75,315, while the Nifty gained 6 points to settle…
Stock market closing: Indian benchmark indices, Sensex and Nifty 50, ended Monday’s session (May 18) in green territory. The BSE Sensex, after hitting an intraday high of 75,466.60, ended the session at 75,315.04, up 77.05 points or 0.10 per cent. The NSE Nifty50 settled at 23,649.95, up 6.45 points or 0.03 per cent. During the…
Strides Pharma Science Ltd reported a strong set of earnings for the March quarter, driven by healthy growth in its overseas business and sustained operational performance. The company posted a consolidated net profit of ₹129.2 crore for Q4FY26, up 51% from ₹86 crore in the corresponding quarter last year. Revenue rose 11.2% year-on-year to ₹1,323.4…
Q4 Results LIVE Updates: While no Nifty 50 companies report results today, Indian Oil Corporation, Afcons India, JK Paper, JSW Cement, Ola Electric, SPARC, Strides Pharma, Apollo Micro, BLS E-Services, DOMS Industries, GNFC, IGL, GPT Healthcare, Siyaram Silk Mills, Subros, Triveni Turbine, Timken India, Zydus Wellness are among the companies reporting their fourth quarter earnings…
Unmesh Sharma, Head of Institutional Equities, HDFC Securities, holds an overweight on SBI Life at 120 bps in his model portfolio. On IT, he has moved from underweight to neutral, calling valuations below 20x a buying opportunity. Private banks trading below 2x price-to-book are a strong aaccumulation he says. Consumer names — Asian Paints, Crompton,…
ITC Hotels share price: The company’s shares are expected to remain in focus after the ITC Hotels posted a strong Q4FY26 performance, prompting Elara Capital to reiterate its ‘Buy’ call with a target price of Rs 197. The hospitality major reported double-digit growth in revenue and profit, supported by robust room demand and improved operating…
Updated May 18, 2026 13:51 IST KRN Heat Exchanger & Refrigeration Ltd shares have surged over 400 per cent from the IPO price (Image: ET Now) At a time when the IPO market has been struggling with weak listings and disappointing post-listing performances, KRN Heat Exchanger & Refrigeration Ltd has emerged as a standout outperformer….
Large cap mutual fund: The large cap funds commonly use Nifty 50 TRI, Nifty 100 TRI or S&P BSE 100 TRI as benchmarks. When it comes to investing in mutual funds, most investors compare returns and often overlook a critical factor, which is the expense ratio. An expense ratio refers to a fee that mutual…
Notably, the RBI recently undertook norms for tightening of foreign exchange exposure as it capped banks’ forex net open position (NOP) at USD 100 million to stabilise the free fall of the rupee. The central bank, too, has been routinely selling dollars to balance the demand and supply gap of the rupee. However, rising crude…
Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
