NEW DELHI, India — Paytm shares jumped nearly 9% during Monday’s trading session after global brokerage Bernstein raised its target price for One97 Communications, the parent company of Paytm, to ₹2,200 from ₹1,500. The brokerage retained its ‘Outperform’ rating, citing the potential introduction of Merchant Discount Rate (MDR) on certain UPI transactions and stronger earnings prospects for the fintech company.
टैग: Stock Market
Vedanta Group Stocks Move Differently: Oil & Gas Surges 12%, Hindustan Zinc Slips
NEW DELHI, India — Vedanta group stocks showed mixed movement on Monday, August 10, 2026, with Vedanta Oil and Gas and Vedanta Power recording gains while Hindustan Zinc traded lower on the National Stock Exchange. The moves came as investors tracked the performance of companies linked to the group’s demerger structure.
Ola Electric Shares Slide 5%: Why Investors Remain Cautious After Q1 Results
NEW DELHI, India — Ola Electric Mobility shares fell more than 5% in morning trading on Monday, August 10, 2026, as investors weighed weak sales volumes, pressure on margins, rising competition and continued cash-burn concerns despite the electric vehicle maker reporting a narrower net loss for the first quarter of FY27.
NIFTY50 Outlook: Key Market Triggers Next Week
NEW DELHI, India — Indian equity markets enter the coming week with several domestic and global triggers in focus, including India’s July retail inflation data, Q1 corporate earnings, U.S. inflation figures, Foreign Institutional Investor (FII) activity and developments in U.S.-Iran peace negotiations. The NIFTY50 ended the previous week at 24,570 after gaining around 0.7%, while the SENSEX rose approximately 0.5% to 78,499.
Weekly Market Wrap: Sensex Gains 405 Points, Nifty 50 Rises 0.8%
NEW DELHI, India — Indian equity markets ended the week on a positive note on August 7, extending their gains for a second straight week. The Nifty 50 advanced 187.05 points, or 0.8%, while the BSE Sensex gained 404.53 points, or 0.5%, with PSU banks, metals and select auto stocks leading the broader market higher.
Trump Signals Iran Deal, But Markets Rise Despite No Breakthrough
WASHINGTON, United States — Financial markets rallied this week after US officials and President Donald Trump repeatedly suggested that an agreement with Iran to reopen the Strait of Hormuz could be imminent, even though no deal materialised and Tehran continued to deny that it was negotiating directly with Washington.