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ONGC is hovering near ₹245 as traders debate a 200-week EMA bounce, with mixed oscillators, bearish short-term averages, and clear pivot-based levels.
Larsen & Toubro shares fell after quarterly profit declined and management flagged Middle East conflict risks, while brokerages cut targets despite steady order inflows and backlog.
Asian equities fell sharply as Brent crude surged above $100 amid escalating US-Iran tensions around the Strait of Hormuz, triggering a risk-off move and circuit breakers in Korea.
L&T Finance reported strong Q1 FY27 earnings on higher lending income, a larger loan book, improved asset quality, and added veteran banker Prashant Kumar to its board.
SBI Mutual Fund cut its Happiest Minds stake after selling 1,25,000 shares, as the company separately told exchanges it is not privy to reported acquisition talks.
CarTrade Tech shares rose sharply after Nomura raised its target price and the company launched CarTrade Used Auto, sharpening focus on a full-stack, asset-light used-car platform.
FSSAI issued nine notices to Swiggy Instamart after consumer complaints alleged expired, spoiled and unsafe items, and sought compliance reports, warning of action under the FSS Act, 2006.
Bajaj Consumer Care reported Q1 FY26 revenue growth with sharper gross margins and higher EBITDA, while organic sales growth remained modest after excluding Vishal Personal Care.
Awfis shares traded near ₹303 as reports flagged fast-growing Indian flex offices, 25%+ CAGR potential by 2027, and target prices up to ₹640.
Bajaj Consumer Care’s Q1 FY26 update shows PAT of Rs 37.93 crore, margin gains driven by mix and pricing, and continued investment behind Almond Drops distribution and advertising.
Kalpataru Projects International posted 35% YoY revenue growth in Q1 FY26 with higher margins and lower net debt, while Kalpataru Ltd reported stronger FY26 pre-sales and collections.
Indian IT shares rose as much as 4.4% after TCS posted broadly in-line Q1FY27 revenue, while strong deal wins and AI-linked optimism lifted sector sentiment.
Bajaj Consumer Care approved FY26 audited results, reporting consolidated total revenue of ₹1,191.84 crore and PAT of ₹190.18 crore, alongside improved margins and strong quarterly trends.
Nifty and Sensex stayed positive in early trade even as crude rebounded and geopolitical tensions returned, with traders citing FII buying, a firmer rupee, and large-cap support.
Nifty IT rose over 3% after TCS reported a stable Q1FY27, lifting sentiment across large-cap IT despite ongoing worries on AI disruption and client spending.
Sensex and Nifty slipped amid US-Iran and wider West Asia tensions as Brent crude rose sharply, Wall Street fell about 900 points, and Asian markets weakened.