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Aditya Birla Group proposes $1.26 billion expansion of Odisha alumina refinery
Aditya Birla Group plans a significant expansion for its Odisha alumina refinery. The company will invest an additional $1.26 billion to triple its current capacity. This substantial investment will bring the total proposed expenditure to about $2.1 billion. The expansion project will be managed by the group entity Hindalco Industries. This development aims to significantly boost alumina production in the region.
Banks remain top sector bet, see value in IT at current valuations: UTI AMC's Vetri Subramanian
UTI AMC CEO Vetri Subramanian said banking and financial stocks remain his highest-conviction investment idea as favourable valuations, healthy balance sheets and sustained credit growth could support earnings growth and a valuation re-rating. He also said current IT valuations justify staying invested, with AI integration likely to create opportunities for Indian technology companies, while urging caution on sectors trading at elevated valuations such as defence.
Market wrap: Top gainers and losers on Nifty and Sensex today
Sensex climbed 828 points and Nifty gained 244 points, extending their winning streak as TCS earnings, positive global cues and banking optimism lifted sentiment. The rally added nearly Rs 6 lakh crore to BSE market capitalisation, with IT, financials and metals leading gains.
Benchmarks rally for second straight day; IT, PSU banks lift Nifty above 24,200
The S&P BSE Sensex jumped 827.57 points or 1.08% to 77,569.39. The Nifty 50 index rose 244.10 points or 1.02% to 24,206.90. In two consecutive trading sessions, the Sensex rallied 1.35% while the Nifty jumped 1.33%.
Stock Market Today Update: Sensex Opens Nearly 1% Higher, Nifty Starts at 24,124.70 in Green as IT Stocks Lead Rally; Check Top Gainers and Losers on NSE & BSE - What Investors Should Know - The Sunday Guardian
Stock Market Today Update: Sensex Opens Nearly 1% Higher, Nifty Starts at 24,124.70 in Green as IT Stocks Lead Rally; Check Top Gainers and Losers on NSE & BSE - What Investors Should KnowThe Sunday Guardian
Sun Pharma among 4 stocks to hit 52-week highs & rally up to 25% in a month
The Sensex ended higher as select BSE 200 stocks touched fresh 52-week highs. FSN E-Commerce Ventures, Titan, Sun Pharmaceutical Industries and Lenskart Solutions led the momentum.
Banks and insurance are the bright spots, says Quantum AMC's Christy Mathai
Christy Mathai, Fund Manager at Quantum AMC, says most companies' input cost pressures will show up in quarter two rather than quarter one, as firms are still using cheaper stockpiled materials to protect margins. He expects a broader earnings recovery from the second half of the year, provided tensions in West Asia don't escalate further. Mathai is upbeat on private banks and life insurance, cautiously positive on select pharma names with US exposure, but is steering clear of chemical and defence stocks over stretched valuations. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Stock Market Today Live, July 9: Sensex up 450 pts, trades at 76,956.50; Nifty up 155 pts; Sun Pharma, SBI Life, Bajaj Finserv top gainers - BusinessLine
Stock Market Today Live, July 9: Sensex up 450 pts, trades at 76,956.50; Nifty up 155 pts; Sun Pharma, SBI Life, Bajaj Finserv top gainersBusinessLine
Wait for better entry points in metal stocks, JSW Steel and Hindalco top picks: Axis Securities
Aditya Welekar, Senior Research Analyst- Metals, Axis Securities, ranked JSW Steel as his preferred ferrous stock and Hindalco as the top non-ferrous pick. The brokerage also expects aluminium prices to remain around $3,000 per tonne in FY27 and continues to recommend APL Apollo Tubes with a target price of ₹2,250.
Stock Market Today Update: Sensex Rises Over 500 Points, Nifty Near 24,000; Check Top Gainers and Top Losers on NSE and BSE- What Investors Should Know - The Sunday Guardian
Stock Market Today Update: Sensex Rises Over 500 Points, Nifty Near 24,000; Check Top Gainers and Top Losers on NSE and BSE- What Investors Should KnowThe Sunday Guardian
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top Gainers - Equitymaster
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top GainersEquitymaster
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top Gainers - Equitymaster
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top GainersEquitymaster