Stock Market News: Ixigo Shares Up Over 11%

The shares of Ixigo surges over 11% during early trade today after posting Q1 results on Wednesday. Le Travenues shares rose as much as 11.42% in trade so far and is currently trading 11.23% higher at Rs 199. These gains compare to a 0.05% gains in the Nifty 50 as of 9:26 a.m.

Stock Market News: Nifty Opens Above 25,200, Sensex Trades Flat

The Nifty opened above the 25,200 mark while the Sensex was trading in the green but flat. Majority of the sectors opened in green with Nifty Reality leading.

USD-INR Check: Rupee Strengthens Against US Dollar

The Indian Rupee appreciated by 4 paise against US dollar to open at 85.9, according to Bloomberg. Dollar index up 0.15% at 98.53, as it recovers from decline on Trump-Powell feud.

Stock Market News: Nifty Above 25,200, Sensex Up Over 100 Points At Pre-Open

Ahead of market open, Nifty was trading over the 25,200 mark as was steady at 25,230. While the Sensex was also trading in the green, over 100 points up at 82,753 as of 9:12 a.m.

Stock Market News: RBI Unlikely To Let Private Equity Firms Own Significant Stake In Domestic Banks

While India’s banking regulator remains open to the idea of allowing foreign banks to own a 26% stake in domestic lenders, private equity firms will likely not get approvals, according to two people with knowledge of the matter.

Read the full NDTV Profit Exclusive here.

L&T Tech Q1 Review: Brokerages Split Views

L&T Technology Services posted its first-quarter earnings for the current fiscal year, drawing a mixed bag of sentiments from Citi and Morgan Stanley. While both firms acknowledged the prevailing macroeconomic challenges, they took divergent stances on L&T Tech’s performance.

Read the full story for details like target price here.

Bonus Issues: Samvardhana Motherson, Motherson Sumi And More

Shares of Samvardhana Motherson International Ltd., Motherson Sumi Wiring India Ltd., Bright Outdoor Media Ltd., and IFGL Refractories Ltd. will be on market radar on Thursday as it marks the last session for investors to buy shares before the record date for a bonus issue.

Find out the details here

Stock Market News: 41 Dividend Stocks From Bharti Airtel To Mahindra Bank

Shares of Bharti Airtel Ltd., Dabur India Ltd., HCLTech Ltd., Kotak Mahindra Bank Ltd. and 37 other companies will be of interest on Thursday as it marks the last session for investors to buy shares to qualify for receiving the dividend before the stock goes ex/record-date.

Click here for the details

Stock Market News Live: Q1 Earnings To Watch

Big names in the IT, Financial and energy space are set to announce their first quarter results. Companies like Wipro, Axis Bank, 360 One WAM, Ceat, Clean Science and Technology, HDFC AMC, Heritage Foods, Indian Hotels Company, Jio Financial Services, LTIMindtree, Newgen Software Technologies are set to post results today.

While names like Nuvoco Vistas Corporation, Polycab India, Route Mobile, Shoppers Stop, South Indian Bank, Sunteck Realty, Sterling and Wilson Renewable Energy, Tata Communications, Waaree Renewable Technologies are also expected to announce earnings.

ITC Hotels: Jefferies’ Take On Q1 Results

  • Maintain ‘Buy’ and hike target price to Rs 270 from Rs 240.

  • The company delivered a healthy beat with positive surprises across the board.

  • Robust growth in Revenue Per Available Room (RevPAR) was primarily driven by the scale-up in the Sri Lanka project and higher other income.

  • Q1 also saw additional overhead costs following the demerger.

  • The company remains focused on scaling its capacity to over 20,000 keys (from the current 13,500) by 2030, largely through asset-light expansions.

  • Ebitda estimates have been raised by approximately 4% for FY26-FY28

Tech Mahindra: What Morgan Stanley Says

  • Maintain ‘Underperform’ and reduce target price to Rs 1,555 from Rs 1,575.

  • The company effectively delivered on its margins.

  • Key positives include strong deal wins, stability in top clients, and steady improvement in margins.

  • However, significant concerns remain, such as the weak conversion of deals to revenue, a challenging outlook for verticals like manufacturing, and a weak macroeconomic environment.

  • We maintain an Underperform rating due to the risks to consensus estimates and premium valuation multiples.

Stock Market News Live: Global Markets

Asian stocks struggled for direction at the open after US markets had a volatile session amid speculation about the future of Federal Reserve Chair Jerome Powell.

The S&P 500 finished within striking distance of all-time highs after whipsawing on whether President Donald Trump will fire Powell. The Nasdaq Composite rose 0.25% to a fresh record and Dow Jones Industrial Average added 0.5%.

Stock Market News Live: GIFT Nifty Indicates Positive Start

Good morning! Welcome to NDTV Profit’s live coverage of the Indian equity markets. Here we bring you real-time updates, sharp analyst insights, top stock picks, and all the market moving news you need. Stay tuned and stay ahead of the curve.

The GIFT Nifty was trading near 25,270 early Thursday. The futures contract based on the benchmark Nifty 50 was up 0.15% at 25,270 as of 7:13 a.m. indicating a start in the green for the Indian markets.

India’s benchmark equity indices snapped four sessions of losses to close higher on Tuesday, led by gains in auto and financial stocks. HCL Technologies Ltd. took a beating after June quarter disappointment.

The NSE Nifty 50 ended 113.5 points or 0.45% higher at 25,195.8, while the BSE Sensex closed 317.45 points or 0.39% up at 82,570.91.

. Read more on Markets by NDTV Profit.The GIFT Nifty was trading near 25,270 early Thursday. The futures contract based on the benchmark Nifty 50 was up 0.15% at 25,270  Read MoreMarkets, Business 

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