Oversold market spurs selective buying as analysts eye breakout stocks
https://economictimes.indiatimes.com/markets/stocks/news/oversold-market-spurs-selective-buying-as-analysts-eye-breakout-stocks/articleshow/130048462.cms
Analysts are favoring selective bullish bets on individual stocks despite market pressure, driven by oversold conditions and potential short-covering rallies. Key derivative picks include Titan Company, Adani Power, and ABB India, with analysts anticipating positive Q4 earnings and favorable price movements. Conversely, PG Electroplast is identified as a bearish bet due to a breakdown in its chart patterns.
https://economictimes.indiatimes.com/markets/stocks/news/oversold-market-spurs-selective-buying-as-analysts-eye-breakout-stocks/articleshow/130048462.cms
Analysts are favoring selective bullish bets on individual stocks despite market pressure, driven by oversold conditions and potential short-covering rallies. Key derivative picks include Titan Company, Adani Power, and ABB India, with analysts anticipating positive Q4 earnings and favorable price movements. Conversely, PG Electroplast is identified as a bearish bet due to a breakdown in its chart patterns.
Bank stocks’ $95 billion rout may deepen on macro risks
https://economictimes.indiatimes.com/markets/stocks/news/bank-stocks-95-billion-rout-may-deepen-on-macro-risks/articleshow/130048649.cms
Indian bank stocks face further pain as the central bank's currency market actions and rising energy prices dampen profit outlooks. Tightening financial conditions and potential derailing of credit recovery threaten loan growth, leading to significant investor withdrawals and market value losses for the Nifty Bank Index.
https://economictimes.indiatimes.com/markets/stocks/news/bank-stocks-95-billion-rout-may-deepen-on-macro-risks/articleshow/130048649.cms
Indian bank stocks face further pain as the central bank's currency market actions and rising energy prices dampen profit outlooks. Tightening financial conditions and potential derailing of credit recovery threaten loan growth, leading to significant investor withdrawals and market value losses for the Nifty Bank Index.
HDFC Bank shares in focus on Q4 business update. Here’s everything you need to know
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-shares-in-focus-on-q4-business-update-heres-everything-you-need-to-know/articleshow/130050023.cms
HDFC Bank reported steady growth in its March quarter business update, with advances and deposits rising in double digits year-on-year. However, the stock remains under pressure following a recent leadership exit, even as the lender’s core balance sheet metrics indicate stable expansion across credit and deposit segments.
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-shares-in-focus-on-q4-business-update-heres-everything-you-need-to-know/articleshow/130050023.cms
HDFC Bank reported steady growth in its March quarter business update, with advances and deposits rising in double digits year-on-year. However, the stock remains under pressure following a recent leadership exit, even as the lender’s core balance sheet metrics indicate stable expansion across credit and deposit segments.
Swiggy among 4 stocks that closed crossing above VWAP
https://economictimes.indiatimes.com/markets/stocks/news/swiggy-among-4-stocks-that-closed-crossing-above-vwap/slideshow/130050100.cms
https://economictimes.indiatimes.com/markets/stocks/news/swiggy-among-4-stocks-that-closed-crossing-above-vwap/slideshow/130050100.cms
Wipro shares gain 3% after bagging Olam deal worth more than $1 billion
https://economictimes.indiatimes.com/markets/stocks/news/wipro-shares-in-focus-after-bagging-olam-deal-worth-more-than-1-billion/articleshow/130050070.cms
Wipro Limited share price surged 3% following a significant deal with Olam Group. This multi-year strategic transformation contract is valued at over one billion dollars. Wipro will also acquire Olam's IT division, Mindsprint. The partnership aims to enhance Olam's operations across its entire value chain. This engagement marks a major expansion for Wipro in the food and agri-business sector.
https://economictimes.indiatimes.com/markets/stocks/news/wipro-shares-in-focus-after-bagging-olam-deal-worth-more-than-1-billion/articleshow/130050070.cms
Wipro Limited share price surged 3% following a significant deal with Olam Group. This multi-year strategic transformation contract is valued at over one billion dollars. Wipro will also acquire Olam's IT division, Mindsprint. The partnership aims to enhance Olam's operations across its entire value chain. This engagement marks a major expansion for Wipro in the food and agri-business sector.
Gold Silver Rate Today Live Updates: Gold, silver fall marginally as dollar strengthens. Check physical rates in Delhi, Mumbai and other major cities
https://economictimes.indiatimes.com/markets/stocks/live-blog/gold-rate-silver-price-today-live-updates-mcx-gold-18k-22k-24k-rate-iran-isreal-us-war-latest-news/liveblog/130050211.cms
https://economictimes.indiatimes.com/markets/stocks/live-blog/gold-rate-silver-price-today-live-updates-mcx-gold-18k-22k-24k-rate-iran-isreal-us-war-latest-news/liveblog/130050211.cms
Trent shares jump over 4% after Q4 business update, revenue rises 20% to Rs 4,937 crore
https://economictimes.indiatimes.com/markets/stocks/news/trent-shares-in-focus-after-q4-business-update-revenue-rises-20-to-rs-4937-crore/articleshow/130050215.cms
Trent share price surged 4% following a strong Q4 business update, driven by a 20% year-on-year revenue growth to Rs 4,937 crore and robust store expansion. The company added 22 Westside and 109 Zudio stores, bringing its total retail footprint to 1,286. Despite recent stock weakness, Trent has delivered significant long-term returns.
https://economictimes.indiatimes.com/markets/stocks/news/trent-shares-in-focus-after-q4-business-update-revenue-rises-20-to-rs-4937-crore/articleshow/130050215.cms
Trent share price surged 4% following a strong Q4 business update, driven by a 20% year-on-year revenue growth to Rs 4,937 crore and robust store expansion. The company added 22 Westside and 109 Zudio stores, bringing its total retail footprint to 1,286. Despite recent stock weakness, Trent has delivered significant long-term returns.
Axis Bank shares in focus after lender's Q4 update beats estimates; advances grow 18%, deposits rise 14%
https://economictimes.indiatimes.com/markets/stocks/news/axis-bank-shares-in-focus-after-lenders-q4-update-beats-estimates-advances-grow-18-deposits-rise-14/articleshow/130050298.cms
Axis Bank's Q4 business update revealed robust growth, with gross advances surging over 18% year-on-year and total deposits climbing nearly 14%. This performance surpassed brokerage expectations, showcasing strong momentum for the private lender. The bank's CASA and term deposits also saw significant year-on-year increases, indicating healthy customer engagement and financial expansion.
https://economictimes.indiatimes.com/markets/stocks/news/axis-bank-shares-in-focus-after-lenders-q4-update-beats-estimates-advances-grow-18-deposits-rise-14/articleshow/130050298.cms
Axis Bank's Q4 business update revealed robust growth, with gross advances surging over 18% year-on-year and total deposits climbing nearly 14%. This performance surpassed brokerage expectations, showcasing strong momentum for the private lender. The bank's CASA and term deposits also saw significant year-on-year increases, indicating healthy customer engagement and financial expansion.
Earnings downgrade alert: How $110 crude and Iran war are threatening India Inc's double-digit dream
https://economictimes.indiatimes.com/markets/stocks/news/earnings-downgrade-alert-how-110-crude-and-iran-war-are-threatening-india-incs-double-digit-dream/articleshow/130050460.cms
Escalating Iran conflict and crude oil prices surpassing $110 a barrel are jeopardizing India Inc's projected double-digit earnings growth for FY27. Analysts warn of inevitable downgrades, particularly for import-intensive and crude-related sectors, potentially delaying the anticipated recovery by at least two quarters.
https://economictimes.indiatimes.com/markets/stocks/news/earnings-downgrade-alert-how-110-crude-and-iran-war-are-threatening-india-incs-double-digit-dream/articleshow/130050460.cms
Escalating Iran conflict and crude oil prices surpassing $110 a barrel are jeopardizing India Inc's projected double-digit earnings growth for FY27. Analysts warn of inevitable downgrades, particularly for import-intensive and crude-related sectors, potentially delaying the anticipated recovery by at least two quarters.
Sensex drops 300 points, Nifty below 22,650 as Trump's threats to Iran push oil above $110/barrel
https://economictimes.indiatimes.com/markets/stocks/news/why-is-stock-market-falling-today-sensex-drops-300-points-nifty-below-22650-as-trump-escalates-threats-on-iran-pushes-oil-above-110/barrel/articleshow/130050473.cms
Indian stock market got off to a negative start after US President Donald Trump's increased threats towards Iran. Consequently, oil prices surged above $110 per barrel. Major companies like IndiGo, Kotak Mahindra Bank, and Reliance Industries experienced significant losses.
https://economictimes.indiatimes.com/markets/stocks/news/why-is-stock-market-falling-today-sensex-drops-300-points-nifty-below-22650-as-trump-escalates-threats-on-iran-pushes-oil-above-110/barrel/articleshow/130050473.cms
Indian stock market got off to a negative start after US President Donald Trump's increased threats towards Iran. Consequently, oil prices surged above $110 per barrel. Major companies like IndiGo, Kotak Mahindra Bank, and Reliance Industries experienced significant losses.
Jefferies initiates coverage on 2 rail stocks, says Titagarh can rally 32%
https://economictimes.indiatimes.com/markets/stocks/news/jefferies-initiates-coverage-on-2-rail-stocks-says-titagarh-can-rally-32/articleshow/130050711.cms
Jefferies initiated coverage on rail rolling stock makers, recommending a Buy for Titagarh Rail Systems with an Rs 810 target, citing strong passenger and metro coach demand. Conversely, it issued an Underperform rating for Jupiter Wagons with a Rs 200 target, citing its freight-heavy business and slower growth prospects.
https://economictimes.indiatimes.com/markets/stocks/news/jefferies-initiates-coverage-on-2-rail-stocks-says-titagarh-can-rally-32/articleshow/130050711.cms
Jefferies initiated coverage on rail rolling stock makers, recommending a Buy for Titagarh Rail Systems with an Rs 810 target, citing strong passenger and metro coach demand. Conversely, it issued an Underperform rating for Jupiter Wagons with a Rs 200 target, citing its freight-heavy business and slower growth prospects.
Iran war hits India's star investors: Ashish Kacholia, Mukul Agrawal, others see 90% of their stocks lose in 2026
https://economictimes.indiatimes.com/markets/stocks/news/iran-war-hits-indias-star-investors-ashish-kacholia-mukul-agrawal-others-see-90-of-their-stocks-lose-in-2026/articleshow/130050938.cms
Geopolitical tensions stemming from the Iran conflict triggered a broad market sell-off in the March quarter, significantly impacting India's star investors. Portfolios of Ashish Kacholia, Mukul Agrawal, and others saw a vast majority of their stocks decline, with many experiencing losses exceeding 90% of their holdings. This downturn highlighted the vulnerability of mid- and small-cap stocks during global uncertainty.
https://economictimes.indiatimes.com/markets/stocks/news/iran-war-hits-indias-star-investors-ashish-kacholia-mukul-agrawal-others-see-90-of-their-stocks-lose-in-2026/articleshow/130050938.cms
Geopolitical tensions stemming from the Iran conflict triggered a broad market sell-off in the March quarter, significantly impacting India's star investors. Portfolios of Ashish Kacholia, Mukul Agrawal, and others saw a vast majority of their stocks decline, with many experiencing losses exceeding 90% of their holdings. This downturn highlighted the vulnerability of mid- and small-cap stocks during global uncertainty.
Trump tariffs hit patented drugs: Jefferies, Nomura explain impact on pharma stocks
https://economictimes.indiatimes.com/markets/stocks/news/trump-tariffs-hit-patented-drugs-jefferies-nomura-explain-impact-on-pharma-stocks/articleshow/130051187.cms
The US has slapped up to 100% tariffs on patented drugs, sparing generics and biosimilars but exposing India’s speciality pharma players. Sun Pharma faces the steepest risk, while CDMOs like Sai Lifesciences may see selective impact. Analysts at Jefferies and Nomura expect modest to mid-single-digit earnings pressure.
https://economictimes.indiatimes.com/markets/stocks/news/trump-tariffs-hit-patented-drugs-jefferies-nomura-explain-impact-on-pharma-stocks/articleshow/130051187.cms
The US has slapped up to 100% tariffs on patented drugs, sparing generics and biosimilars but exposing India’s speciality pharma players. Sun Pharma faces the steepest risk, while CDMOs like Sai Lifesciences may see selective impact. Analysts at Jefferies and Nomura expect modest to mid-single-digit earnings pressure.
Ola Electric shares rally 33% in three days, market value soars by Rs 3,360 crore. What's behind the surge?
https://economictimes.indiatimes.com/markets/stocks/news/ola-electric-shares-rally-33-in-three-days-market-value-soars-by-rs-3360-crore-whats-behind-the-surge/articleshow/130051370.cms
Ola Electric shares surged over 7% on Monday, capping a 33% gain in three sessions, driven by robust March sales, PLI certification for its Roadster X+ motorcycle, and improved service operations. The company achieved over 1,000 daily orders and crossed 1 million cumulative registrations, signaling a strong turnaround and renewed investor confidence in India's EV market.
https://economictimes.indiatimes.com/markets/stocks/news/ola-electric-shares-rally-33-in-three-days-market-value-soars-by-rs-3360-crore-whats-behind-the-surge/articleshow/130051370.cms
Ola Electric shares surged over 7% on Monday, capping a 33% gain in three sessions, driven by robust March sales, PLI certification for its Roadster X+ motorcycle, and improved service operations. The company achieved over 1,000 daily orders and crossed 1 million cumulative registrations, signaling a strong turnaround and renewed investor confidence in India's EV market.
Aurobindo Pharma approves Rs 800 crore share buyback. Check record date, other key details
https://economictimes.indiatimes.com/markets/stocks/news/aurobindo-pharma-approves-rs-800-crore-share-buyback-check-record-date-other-key-details/articleshow/130051485.cms
Aurobindo Pharma is launching its first share buyback in two years, offering to repurchase over 54 lakh shares at Rs 1,475 each. This tender offer, open to shareholders as of April 16, represents a significant move for the pharmaceutical giant. The company's stock has shown resilience, gaining ground despite broader market declines.
https://economictimes.indiatimes.com/markets/stocks/news/aurobindo-pharma-approves-rs-800-crore-share-buyback-check-record-date-other-key-details/articleshow/130051485.cms
Aurobindo Pharma is launching its first share buyback in two years, offering to repurchase over 54 lakh shares at Rs 1,475 each. This tender offer, open to shareholders as of April 16, represents a significant move for the pharmaceutical giant. The company's stock has shown resilience, gaining ground despite broader market declines.
TVS Motor shares jump 3% after Goldman Sachs upgrades to Buy. Check target, upside
https://economictimes.indiatimes.com/markets/stocks/news/tvs-motor-shares-jump-3-after-goldman-sachs-upgrades-to-buy-check-target-upside/articleshow/130051518.cms
TVS Motor shares surged following Goldman Sachs' 'Buy' upgrade, citing strong growth prospects and superior volume visibility from new premium products. The brokerage anticipates robust sales growth outpacing industry averages, supported by margin tailwinds and a positive outlook on electric vehicle expansion. Key catalysts include upcoming product launches and PLI scheme benefits.
https://economictimes.indiatimes.com/markets/stocks/news/tvs-motor-shares-jump-3-after-goldman-sachs-upgrades-to-buy-check-target-upside/articleshow/130051518.cms
TVS Motor shares surged following Goldman Sachs' 'Buy' upgrade, citing strong growth prospects and superior volume visibility from new premium products. The brokerage anticipates robust sales growth outpacing industry averages, supported by margin tailwinds and a positive outlook on electric vehicle expansion. Key catalysts include upcoming product launches and PLI scheme benefits.
5 PSU bank stocks jump up to 4% after reporting March quarter biz updates. Check details
https://economictimes.indiatimes.com/markets/stocks/news/5-psu-bank-stocks-rally-up-to-4-after-reporting-march-quarter-updates-check-details/articleshow/130053007.cms
The Nifty PSU Bank Index rose 0.5% on Monday, defying a broader market decline, as several lenders reported strong March quarter business updates. Banks like Bank of Baroda and Bank of Maharashtra saw significant gains following positive growth figures in deposits and advances, indicating resilience despite rising bond yields.
https://economictimes.indiatimes.com/markets/stocks/news/5-psu-bank-stocks-rally-up-to-4-after-reporting-march-quarter-updates-check-details/articleshow/130053007.cms
The Nifty PSU Bank Index rose 0.5% on Monday, defying a broader market decline, as several lenders reported strong March quarter business updates. Banks like Bank of Baroda and Bank of Maharashtra saw significant gains following positive growth figures in deposits and advances, indicating resilience despite rising bond yields.
40% of Nifty 50 firms faced EPS cuts amid March selloff: Check which stocks saw biggest cuts and upgrades
https://economictimes.indiatimes.com/markets/stocks/news/40-of-nifty-50-firms-faced-eps-cuts-amid-march-selloff-check-which-stocks-saw-biggest-cuts-and-upgrades/articleshow/130054100.cms
Indian markets experienced a sharp downturn in March, with Nifty 50 companies seeing significant EPS estimate cuts, particularly in aviation and infrastructure, due to soaring oil prices. InterGlobe Aviation faced the largest reduction. Conversely, oil & gas and metals sectors witnessed upgrades. Escalating US-Iran tensions continue to fuel investor concerns and oil price hikes.
https://economictimes.indiatimes.com/markets/stocks/news/40-of-nifty-50-firms-faced-eps-cuts-amid-march-selloff-check-which-stocks-saw-biggest-cuts-and-upgrades/articleshow/130054100.cms
Indian markets experienced a sharp downturn in March, with Nifty 50 companies seeing significant EPS estimate cuts, particularly in aviation and infrastructure, due to soaring oil prices. InterGlobe Aviation faced the largest reduction. Conversely, oil & gas and metals sectors witnessed upgrades. Escalating US-Iran tensions continue to fuel investor concerns and oil price hikes.
BofA cuts India's Nifty 50 earnings forecast as stagflation fears rise
https://economictimes.indiatimes.com/markets/stocks/news/bofa-cuts-indias-nifty-50-earnings-forecast-as-stagflation-fears-rise/articleshow/130054534.cms
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of high crude oil prices. The brokerage also reduced India's GDP growth estimate and warned of a severe downturn in a worst-case scenario. Despite this, a resolution to the Iran conflict could boost the market.
https://economictimes.indiatimes.com/markets/stocks/news/bofa-cuts-indias-nifty-50-earnings-forecast-as-stagflation-fears-rise/articleshow/130054534.cms
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of high crude oil prices. The brokerage also reduced India's GDP growth estimate and warned of a severe downturn in a worst-case scenario. Despite this, a resolution to the Iran conflict could boost the market.
Reliance Industries shares crash 6% in two days, wipes off Rs 1 lakh crore. What lies ahead?
https://economictimes.indiatimes.com/markets/stocks/news/reliance-industries-shares-crash-6-in-two-days-wipes-off-rs-1-lakh-crore-what-lies-ahead/articleshow/130054974.cms
Reliance Industries shares have fallen sharply over two days, erasing over Rs 1 lakh crore in market value amid weak technical indicators and policy concerns. Analysts see near-term pressure with key support levels in focus, though stability above these levels could trigger a short-term rebound in the stock.
https://economictimes.indiatimes.com/markets/stocks/news/reliance-industries-shares-crash-6-in-two-days-wipes-off-rs-1-lakh-crore-what-lies-ahead/articleshow/130054974.cms
Reliance Industries shares have fallen sharply over two days, erasing over Rs 1 lakh crore in market value amid weak technical indicators and policy concerns. Analysts see near-term pressure with key support levels in focus, though stability above these levels could trigger a short-term rebound in the stock.