See a long runway for T&D segment in power sector: Nischal Maheshwari
Nischal Maheshwari highlights positive growth in the power sector’s transmission and distribution (T&D) due to solar power adoption and rising power consumption, necessitating infrastructure upgrades. He also notes IndusInd Bank’s significant fundraising, potentially strengthening its capital base amidst management changes. Maheshwari favors NBFCs over banks in the short term due to declining interest rates and […]
3 top stock recommendations from Manas Jaiswal
Manas Jaiswal from Manas Jaiswal Technical Research gives his view on the indices. He is cautious on Nifty but bullish on Bank Nifty. He suggests accumulating Bank Nifty on dips with a stop loss. Jaiswal recommends exiting IEX and suggests Jindal Steel and Eternal for buying. He also picks Tata Steel as a good long-term […]
IEX shares in free fall, crash 28%. What should investors do now?
Indian Energy Exchange (IEX) shares plummeted 28% following CERC’s approval of market coupling, set to begin with the Day-Ahead Market in January 2026. This move, aimed at unifying price discovery, has sparked investor concerns about IEX’s competitive edge and revenue model.
Reliance Infra, Reliance Power shares drop up to 4% after ED raids sites linked to Anil Ambani
Shares of Reliance Infrastructure and Reliance Power declined after the Enforcement Directorate (ED) conducted searches at premises linked to Anil Ambani. The investigation revolves around an alleged Rs 3,000 crore loan fraud involving Yes Bank, with the ED suspecting money laundering and diversion of funds to shell companies.
GNG Electronics IPO subscribed over 15x on day 2: GMP rises to 42%
GNG Electronics’ IPO saw strong demand, subscribed 15.11 times by Day 2. Retail and NII participation was robust, and GMP indicates a 42% listing premium. The company, India’s top refurbisher, posted strong growth with a 46% revenue CAGR. Brokerages recommend subscribing, citing scale, market leadership, and formalisation trends.
Tata Motors shares rally 5% in 2 days on U.S. trade deal hopes
Tata Motors’ shares experienced a surge, driven by optimism surrounding potential global trade deals that could lower automobile export tariffs. The US-Japan agreement, reducing tariffs on Japanese car exports, fueled speculation of similar pacts with the EU.
Markets betting on economic strength, not trade deals: Ed Yardeni
Ed Yardeni suggests the stock market is optimistic about the US economy’s resilience despite tariff-related uncertainty. He anticipates a potential 15% base tariff with the EU, impacting American businesses and consumers. While the US remains a favored investment, the rise of autonomous vehicles poses long-term challenges for the global auto sector, potentially reducing the need […]
US Treasury pullback from long-term bonds signals policy divergence, says Vishal Goenka
Vishal Goenka highlights a policy divergence in the US bond market due to reduced long-term Treasury issuance, potentially impacting global interest rates. India’s corporate bond market, though growing, lags significantly behind the US. Record issuances in India are driven by RBI’s accommodative stance and strong institutional demand, while structural reforms are needed to deepen market […]
Vijay Kedia portfolio stock in focus after stellar Q1 earnings. Check details
Mahindra Holidays & Resorts, a Vijay Kedia portfolio stock, reported a robust 69% YoY surge in standalone net profit to ₹76 crore for the June quarter. Revenue climbed 5% to ₹369 crore, with EBITDA soaring 42% to ₹161 crore. MD & CEO Manoj Bhat highlighted strong domestic performance and resilience in European operations despite currency […]
Brigade Hotel Ventures IPO opens today: Should you subscribe?
Brigade Hotel Ventures launched its IPO today. The IPO aims to raise ₹759.6 crore. The price band is ₹85–90 per share. The IPO will close on July 28. Listing is expected on July 31. The company plans to expand to 14 hotels by FY29. Brokerages have a mixed view on the IPO. High valuations are […]