IndusInd Bank case: EOW finds no evidence of criminal conduct by former executives, likely to close probe soon
Investigators have concluded that both entries were accounting errors, with no signs of fund diversion or criminal intent.
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Asian Paints share price target raised by HSBC, Jefferies, but others highlight challenges
Brokerages such as Jefferies and HSBC have raised their price targets on Asian Paints after their strong second quarter results, while Citi and Goldman Sachs remain bearish on India’s largest paints company.
Tata Steel bulls expect stock to test ₹224 levels, but bears cite rising debt
As many as 36 analysts currently cover Tata Steel, of which four maintain a ‘Sell’ rating on the stock. 26 have a ‘Buy’ rating, while six recommend ‘Hold’. InCred has the highest target on the Street at ₹224.
IRCON International shares may react as PSU sees revenue drop for sixth straight quarter
At the end of the quarter, IRCON’s total order book stood at ₹23,865 crore, of which the railways business comprised of orders worth ₹17,952 crore, highways comprised of ₹4,605 crore, while ₹1,308 crore belonged to other business.
Q2 Results Live Updates: Asian Paints target raised by HSBC, Jefferies; Nomura bets on HAL
Q2 Results Live Updates: The penultimate day of the earnings season for the quarter could be the heaviest in terms of the quality of companies announcing their results. Stocks like Hero MotoCorp, Eicher Motors, Bharat Dynamics, Voltas, Page Industries, PG…
Senco Gold shares in focus after Q2 revenue growth lags industry, guidance maintained
Looking ahead, Senco Gold reiterated its guidance of achieving 18-20% topline growth for FY26.
Dow Jones closes at yet another record high, extends four-day rally to 1,300 points
Investors continued to rotate out of tech names into old economy stocks as barring Nvidia and Microsoft, all other big tech stocks ended with losses between 1% and 3%. Nearly all banking names such as Goldman Sachs, JPMorgan, Morgan Stanley,…
Mahindra & Mahindra, Manulife sign agreement for 50:50 life insurance JV; Stock in focus
On receiving regulatory approval, the JV will expand on the collaboration between Mahindra and Manulife in India. The two entities already have an investment management platform, Mahindra Manulife Investment Management, which was launched in 2020.
Cisco shares surge 7% afterhours as AI-fueled outlook exceeds estimates
Cisco expects earnings of $4.14 a share in fiscal 2026, excluding some items. That compares with an average estimate of $4.05 a share, according to data compiled by Bloomberg.
Sensex Today | Stock Market LIVE Updates: Nifty aims for fourth straight day of gains with 26,000 in sight
Sensex Today | Stock Market LIVE Updates: The Nifty is finding some resistance in the 25,900 – 26,000 band and Wednesday’s high of 25,933 will be the first important level to watch on the upside.