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Oppenheimer and Tigress Financial Partners Stay Positive on Mobileye (MBLY)
Yahoo Finance· 2026-02-27 19:45
Mobileye Global Inc. (NASDAQ:MBLY) is one of the 12 Best Stocks Under $10 to Invest In Right Now. On February 10, Oppenheimer reiterated an Outperform rating on Mobileye Global Inc. (NASDAQ:MBLY) after the company’s partnership with Mahindra & Mahindra was announced. Mahindra & Mahindra has selected Mobileye Global Inc. (NASDAQ:MBLY) as a Tier 1 supplier. The company will deliver its SuperVision and Surround ADAS hands-free, eyes-on advanced driving assistance systems for at least six upcoming models, wit ...
Stock Market Today Feb 27, 2026 ' Sensex tanks 961 points, Nifty50 Fall 1.25%
Rediff· 2026-02-27 10:53
Indian stock markets faced a sharp downturn as Sensex and Nifty tumbled, driven by foreign fund outflows, geopolitical tensions, and uncertainty surrounding US-Iran nuclear talks.Photograph: Francis Mascarenhas/ReutersSensex and Nifty50 Performance: Key Market Highlights TodaySensex and Nifty plunged over 1% due to foreign fund outflows and rising geopolitical risks.Uncertainty surrounding US-Iran nuclear talks contributed to market volatility and investor caution.Foreign Institutional Investors (FIIs) offl ...
Stock markets decline in early trade tracking weak global peers, fresh foreign fund outflows
The Hindu· 2026-02-27 05:12
Market Overview - Benchmark indices Sensex and Nifty experienced a decline in early trade on February 27, 2026, influenced by a weak trend in global markets and fresh foreign fund outflows [1] - The 30-share BSE Sensex fell by 364.62 points to 81,883.99, while the 50-share NSE Nifty decreased by 117.15 points to 25,379.40 [1] Sector Performance - Major laggards in the Sensex pack included Maruti, Bharti Airtel, Hindustan Unilever, Mahindra & Mahindra, Kotak Mahindra Bank, and UltraTech Cement [1] - Conversely, Infosys, Tech Mahindra, HCL Tech, and Eternal were among the gainers [2] Foreign and Domestic Investment - Foreign Institutional Investors (FIIs) sold equities worth ₹3,465.99 crore on February 16, while Domestic Institutional Investors (DIIs) purchased stocks worth ₹5,031.57 crore [2] Global Market Influence - Asian markets showed a downward trend with South Korea's Kospi, Japan's Nikkei 225, and Shanghai's SSE Composite index declining, while Hong Kong's Hang Seng index was in positive territory [2] - The U.S. market also ended mostly lower on February 26, amid concerns over U.S.-Iran negotiations regarding Iran's nuclear program [3] Oil Prices - Brent Crude, the global oil benchmark, saw a slight decrease of 0.07% to $70.70 per barrel [4]
Stock markets end marginally higher after volatile day of trading
The Hindu· 2026-02-25 11:18
Benchmark equity indices Sensex and Nifty ended marginally higher on Wednesday (February 25, 2026), trimming most of their sharp intra-day gains, amid profit-taking.After a volatile day of trading, the 30-share BSE Sensex ended 50.15 points or 0.06% higher at 82,276.07. During the day, it jumped 731.99 points or 0.89% to 82,957.91.The 50-share NSE Nifty went up by 57.85 points or 0.23% to settle at 25,482.50.From the Sensex pack, HCL Tech, Tata Steel, Tata Consultancy Services, InterGlobe Aviation, Sun Phar ...
Market Wrap: Sensex ends 50 pts higher, Nifty above 25,400 as bank stocks keep rally in check
The Economic Times· 2026-02-25 10:23
At close, Sensex was up a little over 50 points at 82,276. This marks a fall of around 682 points from its intraday high of 82,958, which it had hit in the morning amid strong buying in Today’s gains were led by metals, with the Nifty Metal index rising 2.7%. IT stocks, which had surged sharply in the morning, also pared partial gains by the end of the session. The Nifty IT index closed 1.57% higher, while the auto and pharma indices gained 1.85% each. FMCG, PSU Banks, realty, along with oil & gas indices, ...
PL Capital sets Nifty base target at 27,958; Adani Ports, HAL, L&T, Tata Steel, M&M among top picks
BusinessLine· 2026-02-25 07:51
Equity markets appear poised for their next leg of expansion after nine months of tight consolidation, with the Nifty trading in a narrow 5–6 per cent band amid global uncertainties and earnings recalibrations. According to PL Capital’s latest India Strategy report, the index has weathered a 9–9.5 per cent moderation in FY26–27 EPS estimates, yet underlying corporate performance remains resilient.The base case assumes the Nifty index with a 12-month target of 27,958. In a bullish scenario, a 20x multiple im ...
Markets extend gains as investors cheer U.S. court tariff verdict; Sensex climbs 480 points
The Hindu· 2026-02-23 11:25
Equity benchmark indices Sensex and Nifty closed higher on Monday (February 23, 2026), tracking gains in PSU bank, auto and financial stocks, as investors' sentiments improved after the U.S. Supreme Court struck down the Trump administration's sweeping tariffs.The 30-share BSE Sensex climbed 479.95 points, or 0.58%, to settle at 83,294.66. During the session, the benchmark jumped 671.44 points, or 0.81%, to hit an intraday high of 83,486.15.Also Read | Tariffs in trouble: On the U.S. Supreme Court and Donal ...
AI Startup Myelin Foundry Raises ₹48 Cr From ASM Technologies
Inc42 Media· 2026-02-20 12:58
The partnership will integrate Myelin’s edge-first AI stack directly into ASM’s engineering design-led manufacturing portfolioMyelin Foundry provides AI solutions for edge devices for the media and entertainment and automotive sectorsASM Technologies said that its board approved the investment proposal to acquire an aggregate 20% stake in the startupAI startup Myelin Foundry is raising ₹48 Cr (around $5.3 Mn) from listed digital services provider ASM Technologies.In an exchange filing, ASM Technologies said ...
Profit-booking drags Sensex, Nifty below key support levels at midday; Sensex drops over 700 points to 82,963
BusinessLine· 2026-02-19 07:52
Market Overview - The markets experienced a sharp decline, with both benchmark indices falling below critical technical support zones, specifically the BSE Sensex down 771.17 points or 0.92% to 82,963.08 and the NSE Nifty 50 down 218.30 points or 0.85% to 25,601.05 [1][2] Market Sentiment - The Nifty breached the 25,600-mark, which was identified as a crucial support level by analysts earlier in the day [2] - The initial optimism was driven by positive global cues, including a 1.07% rise in the Nasdaq due to an AI partnership between Nvidia and Meta, but domestic profit-booking led to a reversal [2] Market Breadth - The selling pressure was broad-based, with 2,483 stocks declining against 1,447 advancing out of 4,126 stocks traded on the BSE [3] - A total of 102 stocks hit 52-week lows, and 110 stocks were locked in the lower circuit, indicating the extent of the sell-off [3] Sector Performance - The Nifty Bank index fell 532.30 points or 0.86% to 61,019.25, retreating from the breakout zone of 61,700–61,800 [5] - The Nifty Financial Services index declined 276.45 points or 0.97% to 28,182.70, while the Nifty Next 50 dropped 1.05% to 69,592.35 [5] - Mid- and small-cap segments showed relative resilience, with the Nifty Midcap 100 down 0.83% at 59,681.00 and the Nifty Smallcap 100 losing 0.49% to 17,151.70 [5] Individual Stock Performance - Among gainers, ONGC rose 2.51% to ₹271.25, followed by Hindalco at ₹912.35, up 1.46% [6] - On the losing side, Kwality Wall's (India) Ltd was the top decliner, falling 3.14% to ₹28.41, with Trent down 2.97% to ₹4,062.80 [7] Market Dynamics - Despite the overall weakness, 106 stocks reached 52-week highs and 138 hit the upper circuit, indicating some selective buying interest [8] - Traders are closely monitoring whether the Nifty can reclaim the 25,600 level or if further selling will deepen the losses [8]
Valeo to invest €200m in India under Elevate 2028 plan
Yahoo Finance· 2026-02-18 19:13
Valeo plans to invest more than €200m ($236.8m) in India to expand electrification, advanced driver assistance systems (ADAS) and artificial intelligence (AI) engineering activities under its Elevate 2028 strategy. The French automotive supplier plans to triple its local revenue to about €700m by 2028. The company said the funding-about Rs21.49bn at current exchange rates-will enlarge its manufacturing and engineering presence in India to support domestic and export vehicle programmes. In electrificati ...