News for Max Financial Services Limited (MFSL.BO)

Domestic stock markets ended with strong gains on Friday, aided by buying action in IT and FMCG stocks. The headline Index, the S&P BSE Sensex, settled at 81,721.08, gaining by 769.09 points or 0.95%.

The week starting May 26 will be bustling with significant domestic and international developments. Key macroeconomic, trade, and Economic data from the US and Asia will provide insights into the impact of recent tariffs and economic policies.

Large and midcap indices delivered similar 1-year returns, with Nifty Midcap 100 slightly outperforming Nifty 100. Smallcaps underperformed due to valuation concerns. FIIs favored largecaps amid expensive mid- and smallcap valuations, driving market preference toward stability.

Data showed fund managers bought just over Rs 18,000 crore worth 10 shares that included Jio Financial Services Ltd, Bajaj Finserv and Max Financial.

Indian markets ended the week sharply lower as President Trumps retaliatory tariffs sparked global selloffs and recession fears. The Sensex fell 1.22%, and Nifty dropped below 23,000. Global indices mirrored the panic, while technical indicators signal further downside. Despite weak sentiment, select stocks like Emami and Rainbow Childrens Medicare showed buying interest, even as broader market breadth turned bearish.

Max Financial Services rose 2.5% after a Rs 399 crore block deal. Max Ventures plans to sell a 1.59% stake for Rs 611.6 crore. The company reported a 62.3% profit drop, while net interest income surged. Technical indicators show neutral momentum.

The BSE Sensex and NSE Nifty to open lower on Thursday, tracking weak cues from global equity markets and muted trend in GIFT Nifty Futures.

Buzzing stocks, stocks to watch: HUL, BSE, Bharat Forge, JB Chemicals, Happiest Minds, Infosys, Wipro, Ashok Leyland, Maruti Suzuki, TVS Motor, Bandhan Bank, Indian Bank, Axis Bank, HDFC Bank, P&S Bank, BEML, Vedanta, Info Edge, Max Financial, SBI Life

Stocks including Wipro, BSE, Vedanta, IHCL, Bharat Forge, UPL, JB Chemicals, Max Financial, NBCC (India), Torrent Power, NHPC and AB Capital will be in the spotlight on Thursday, March 27.

Stocks including Titan Company, Swiggy, Tata Power, Aadhar Housing, Whirlpool, Religare, Birla Corp & PC Jewellers and more will be in the spotlight on Wednesday, February 05.

Power Grid, Gland Pharma, Lupin, Godrej Properties, Garden Reach, JK Tyres, DOMS Industries, Castrol India and more will be in the spotlight on Tuesday, February 04.

Shares of LIC of India, the New India Assurance, Star Health, Go Digit, HDFC life Insurance, and ICICI Lombard General Insurance gained in the range of 1-5%.

Stocks including Reliance Industries, Adani Enterprises, Vodafone Idea, Ola Electric, Reliance Power, Senores Pharma and more will be in the spotlight on Monday, December 30.

Shares of GIC Re, NIACL, Star Health, Go Digit dropped up to 10% after the GST Council deferred a decision on relief for life insurance premiums.

ET Wealth has identified nine stocks where analysts have upgraded the full-year earnings or PAT estimates for both 2024-25 and 2025-26. These nine stocks are likely to offer a potential double-digit appreciation in the share price.

HDFC Life shares dropped 3.4 per cent to eventually closed at Rs 657.60 on BSE. HDFC Life said the news flash was based on rumours and speculation and that it categorically stated that the information mentioned was inaccurate.

As many as 19 stocks hit their 52-week lows today. BSE stocks such as Kuantum Papers, Response Informatics, Star Housing Finance, Tejassvi Aaharam and Tree House Education their respective one-year low levels. That said, 186 stocks touched their one-year high levels today.

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Indian equity indices surged on Wednesday, marking their biggest gain in over six weeks following Donald Trump's U.S. election victory. The Nifty 50 rose 1.12%, and the Sensex gained 1.13%. Analysts see this as a short-term boost, signaling potential trend reversal.