Sensex Today | Stock Market LIVE Updates: Brent continues to remain below $100 a barrel and the bulls would take that with both hands. For levels, 24,000 continues to act as a barrier for the index, while a close above 23,800 will be crucial to head into the new month on a positive note. Sensex…
Shares of Redtape Ltd. gained as much as 17% on Tuesday, May 26, after the footwear and apparel company reported a sharp rise in March quarter profits, driven by strong revenue growth and margin expansion. The company also recommended a final dividend of ₹2 per equity share for FY26. During the March quarter, Redtape reported…
India’s Margin Trading Facility Book (MTF) has increased significantly to ₹1.23 lakh crore as of May 22, from just under ₹1.05 lakh crore at the end of March, according to data available on the National Stock Exchange. HDFC Bank, Jio Financial Services, and Infosys are some of the most leveraged stocks in the MTF Book,…
Shares of PG Electroplast Ltd. will be in focus on Friday, May 29, after the company reported its fourth quarter results on Wednesday, May 27, and missed its full-year guidance, that it had earlier warned of, due to the Iran war. For the March quarter, PG Electroplast reported a 10% decline in its topline to…
Shares of Snowflake Inc., a company that helps organise, analyse, and store corporate data in the cloud, surged 37% in a single trading session on Thursday, May 28, after the company issued a stronger-than-expected guidance and also announced a deal with Amazon. Snowflake now expects its Product business revenue, which forms 95% of its overall…
Union Bank of India’s board has approved a capital raising plan of up to ₹8,000 crore through a mix of equity and debt instruments, aimed at strengthening the lender’s balance sheet and supporting future growth. The state-run lender said it may raise up to ₹3,000 crore through equity issuance in one or more tranches via…
The US-listed shares of Bengaluru-based technology services provider Wipro Ltd. surged as much as 20% in Wall Street trading on Thursday, May 28. This is the biggest single-day gain that the US-listed entity has seen since October 2008. The ADR has also gained in eight out of the last 10 trading sessions Wipro made an…
Jubilant Ingrevia reported a steady recovery in the March quarter of FY26, with profit and revenue rising in double digits despite mild pressure on margins. The speciality chemicals maker posted a 16.8% year-on-year increase in net profit at ₹86.4 crore for the quarter ended March 31, 2026, compared with ₹74 crore a year earlier. Revenue…
The equity benchmark indices BSE Sensex and NSE Nifty erased opening gains and ended largely lower on Tuesday (May 26), snapping a two-day winning streak amid weakness in heavyweight stocks including Apollo Hospitals Enterprise, Tata Consultancy Services, Wipro, Trent and Bharti Airtel. The Sensex declined 479 points to close at 76,010, while the Nifty fell…
Rohit Srivastava, Founder of Indiacharts & Strike Money, believes Indian markets have likely formed a bottom and could gradually move higher over the next few months, with Nifty potentially heading towards 25,800. He remains bullish on Bank Nifty after a technical breakout and sees strength returning to broader markets through improving liquidity. Srivastava remains cautious…
