Shares of Pace Digitek gained 2 percent in the opening trade on April 27 after the company announced a strategic Original Equipment Manufacturer (OEM) partnership with NEC XON Systems Proprietary.At 09:18am, Pace Digitek was quoting at Rs 177.60, up Rs 3.80, or 2.19 percent, on the BSE.The agreement, executed in collaboration with Pace Digitek’s subsidiary, Lineage Power (LPPL), aims to expand t...

Axis Bank shares fell sharply in early trade on Monday after its Q4 FY26 results, as investors reacted to weak core operating performance and elevated provisions despite steady asset quality. In early morning trade, Axis Bank stock was trading at Rs 1,309.7, down 4.1 percent for the day.The stock is up 9.5 percent over the past one year, compared with a 1.3 percent decline in the Nifty 50 over the...

Shares of One 97 Communications fell sharply in early trade on Monday after the Reserve Bank of India cancelled the licence of Paytm Payments Bank, effectively shutting the door on any revival of its banking arm.The Paytm stock was trading at Rs 1,077, down 6.1 percent in early morning trade.The decline comes as investors react to the final regulatory step against Paytm Payments Bank, which had al...

IT stocks saw a sharp rebound in early trade on Monday, recovering after last week’s steep sell-off. The Nifty IT index rose 1.88 percent and emerging among the top sectoral gainers. At 09:45 am, the Sensex was up 490 points or 0.6 percent at 77,154, while the Nifty rose 157 points or 0.7 percent to 24,055, supported in part by gains in technology stocks.Frontline IT shares led the recovery, wit...

IndusInd Bank shares rose about 4 percent in trade on Monday after multiple brokerages upgraded the stock following the lender’s March quarter results.The private sector bank on Friday reported a net profit of Rs 594 crore for the fourth quarter, against a loss of Rs 2,329 crore in the year-ago period. The bank said it aims to match industry loan growth by FY27.Gross slippages declined to Rs 1,8...