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Mutual funds pick fewer IPOs but deliver bigger returns in the first half of 2026
Mutual funds have turned more selective in India's IPO market, participating in only 19 of the 28 public issues in the first half of 2026, according to Prime Database. Despite bidding less, their stock selection has outperformed. Ten of the 11 IPOs led by mutual funds are trading above their issue price, with Omnitech Engineering surging 133%. As mega IPOs such as NSE, Jio and SBI Funds line up in the second half, investors will be watching whether mutual funds continue their disciplined approach or increase participation.Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.
GE Vernova T&D India Ltd soars 1.11%, rises for third straight session
GE Vernova T&D India Ltd is quoting at Rs 4694.8, up 1.11% on the day as on 12:49 IST on the NSE. The stock is up 101.24% in last one year as compared to a 3.82% fall in NIFTY and a 8.84% fall in the Nifty Energy index.
NTPC Green Energy Ltd soars 1.18%, rises for third straight session
NTPC Green Energy Ltd is quoting at Rs 94.09, up 1.18% on the day as on 12:49 IST on the NSE. The stock is down 16.13% in last one year as compared to a 3.82% gain in NIFTY and a 8.84% gain in the Nifty Energy index.
Bharat Heavy Electricals Ltd up for third straight session
Bharat Heavy Electricals Ltd is quoting at Rs 393.35, up 3.08% on the day as on 12:49 IST on the NSE. The stock is up 52.05% in last one year as compared to a 3.82% drop in NIFTY and a 8.84% drop in the Nifty Energy index.
Havells India shares in focus after foray into the BESS segment with Norway-based Pixii AS
As part of the collaboration, the companies will work via a phased roadmap to establish a long-term BESS ecosystem in India. These phases include understanding the market requirements via pilot installations for validation of commercial opportunities while also co-developing an all-in-one energy storage solution.
NTPC Ltd eases for fifth straight session
NTPC Ltd is quoting at Rs 346.75, down 0.56% on the day as on 13:19 IST on the NSE. The stock jumped 1.55% in last one year as compared to a 5.14% slide in NIFTY and a 6.91% spurt in the Nifty Energy index.
CESC Ltd drops for fifth straight session
CESC Ltd is quoting at Rs 163.1, down 0.42% on the day as on 13:19 IST on the NSE. The stock is up for a third straight session in a row in last one year as compared to a 5.14% up 0.6%. in NIFTY and a 6.91% down 0.74% in the Nifty Energy index.
Torrent Power Ltd spurts 1.08%, gains for third straight session
Torrent Power Ltd is quoting at Rs 1416.1, up 1.08% on the day as on 12:49 IST on the NSE. The stock is down 0.74% in last one year as compared to a 5.2% spurt in NIFTY and a 6.87% spurt in the Nifty Energy index.
Ather Energy shares rally 270% in one year, but Nomura sees 22% more upside. Here’s why
Nomura increased Ather Energy's target price, expecting electric two-wheeler trends to accelerate. The brokerage sees Ather as a top pick to benefit from this EV momentum. New affordable scooter launches and a new plant will address a key market segment. Revenue growth is projected at 54% and 57% for FY27 and FY28. EBITDA is expected to improve, with PAT breakeven anticipated in FY29.
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
Jaiprakash Power Ventures Ltd drops for fifth straight session
Jaiprakash Power Ventures Ltd is quoting at Rs 17.28, down 1.59% on the day as on 13:19 IST on the NSE. The stock tumbled 7.3% in last one year as compared to a 4.91% slide in NIFTY and a 6.97% spurt in the Nifty Energy index.
Market Trading Guide: 360 One Wam among 6 stock recommendations for Wednesday
Profit booking became evident on Tuesday in reaction to a dip in Asian markets, leaving investors eagerly anticipating the US Fed minutes. Analysts suggest considering 360 One Wam, HFCL, RITES, Azad Engineering, EPL, and PGEL for investment, as they present strong technical signals and promising upside potential.