Shares of Kalyan Jewellers India fell on Wednesday after its Q1 FY27 results, despite Citigroup raising its target price on the jewellery retailer. However, the brokerage cautioned that weaker-than-expected margins could weigh on the stock in the near term.Kalyan Jewellers shares were trading 1.4 percent lower at Rs 583 in early trade after ending Tuesday's session 2.7 percent lower ahead of the c...

Shares of FSN E-Commerce Ventures Ltd (Nykaa) declined in early trade on Wednesday, even after the company reported a sharp year-on-year improvement in its fiscal first quarter earnings, and major brokerages reiterated their positive stance on the stock.Nykaa shares were trading at Rs 334.3 in early deals on Wednesday, down 2.4 percent. The stock had ended 0.7 percent lower on Tuesday, ahead of it...

Among sectors, all indices except Nifty Pharma and Nifty Private Bank traded higher, with the Nifty Midcap 100 and Nifty Smallcap 100 gaining 0.4% and 0.8%, respectively.Stock-specific action dominated the market on August 5, with investors reacting to another batch of June-quarter earnings even as the benchmark indices traded in a narrow range. Strong earnings and company-specific developments co...

Sterlite Technologies Ltd (STL) shares hit the 5 percent upper circuit, rising for the fifth straight session on Wednesday, while HFCL rose more than 4 percent, as investors cheered reports that the US is preparing restrictions on imports of certain Chinese data centre components.According to a Reuters report, the Trump administration is drafting a ban on imports of new models of Chinese data cent...

The Nifty 50 retreated after four consecutive sessions of gains, closing 0.64 percent lower on August 4 amid profit booking and consolidation. Despite the decline, the overall trend remains strong, as the index continued to trade well above all key moving averages, supported by improving momentum indicators, subdued crude oil prices, and a favourable India VIX. As long as the index remains below M...