Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Chola Securities sees buying opportunity in metals and cement stocks
Dharmesh Kant, Head of Research at Chola Securities, expects the commodity upcycle to continue for another year despite near-term volatility. He sees any correction in metal prices as a long-term buying opportunity, supported by reconstruction activity in the Middle East and a revival in infrastructure spending in countries such as India. Kant remains positive on metals and prefers Hindalco, Hindustan Zinc, Vedanta, Tata Steel and JSW Steel on declines. He also believes the cement sector has been overlooked and favours large-cap names like UltraTech Cement and Ambuja Cements, while regional players could benefit from improving pricing over the next two to three months. 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.
Chola Securities' Dharmesh Kant sees BFSI earnings revival; likes IndusInd Bank, Axis Bank
Despite recent market volatility, Dharmesh Kant, Head Research at Chola Securities, believes investors should focus on bottom-up stock picking. He expects the banking and financial sector to emerge as a key earnings driver as stable interest rates support margins and treasury income. Among his preferred ideas are Aurionpro Solutions, Tata Technologies, IndusInd Bank, Axis Bank, Bank of India and Aadhar Housing Finance. He also remains positive on the long-term growth prospects of exchanges, AMCs and other capital market plays. 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.
Tata Sons IPO: Tata Chemicals, Tata Investment Corp shares tumble 3%. Here's why
Shares of Tata Chemicals and Tata Investment Corporation fell around 3% after reports claimed Tata Trusts Chairman Noel Tata had written to the RBI opposing a potential Tata Sons listing. According to the report, Tata Trusts fears a public listing could shift Tata Sons’ focus towards short-term market pressures and away from its long-term strategic and philanthropic objectives, amid growing internal debate over the holding company’s future.
FY27 capex: Adani, Tata, JSW, Coal India lead India Inc's investment push
India Inc plans an aggressive FY27 capex across energy, infrastructure, metals, EVs and data centres after ₹10.5 trillion investment in FY26, notes ICICI Securities
Tata Sons holds 6-hour board meet to review turnaround plans for 5 companies
Top Tata Group executives discussed expansion plans, investment needs and profitability timelines across aviation, semiconductors, EV batteries, telecom equipment and digital businesses.
Deven Choksey cautious on jewellery, gold finance and paint stocks
Deven Choksey of DRChoksey Finserv remains cautious on jewellery, gold finance and paint stocks despite strong demand trends. He believes jewellery and gold finance companies are largely fully priced after a strong run and investors should wait for better entry points after meaningful corrections. On paint companies, Choksey expects competitive and cost pressures to remain high for now. He sees potential in selective midcaps such as Tata Technologies and some real estate names. Choksey also sees Hindustan Zinc and Vedanta benefiting from higher silver prices. 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.
Deven Choksey backs power stocks, sees dips in Vedanta as buying opportunity
Deven Choksey of DRChoksey Finserv remains constructive on the power and utilities space, highlighting names like Tata Power, Adani Power and PFC as steady bets despite valuations not being cheap. He prefers large cement players over regional ones, citing scale and cost advantages. For Vedanta, he believes the recent setback is not structural and any dip could offer a buying opportunity. 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.
Stocks in news: Tata Steel, Kaynes Tech, GAIL, Somany Ceramics, TVS Motor
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.
Markets Erase Gains as Metals Drag; IDBI Bank Bid Race Heats Up | Closing Bell
Markets surrendered early gains as metal stocks dragged benchmarks lower, with the Nifty hovering near 24,100 despite strength in auto counters. ONGC, Hindalco and Power Grid led the losers, while InterGlobe Aviation, M&M and Maruti Suzuki outperformed. In corporate news, Amazon CEO Andy Jassy met PM Narendra Modi and announced an additional $13 billion investment in India, taking Amazon's planned investment to $48 billion through 2030. Fairfax is reportedly back with a fresh bid for IDBI Bank, valuing the lender at ₹77 per share and potentially unlocking a ₹50,000 crore divestment for the government and LIC. Meanwhile, uncertainty continues around Tata Sons as RBI is yet to decide on its NBFC deregistration request, keeping the possibility of a future listing alive. Catch all the key market moves, corporate developments and top business headlines in this edition of Closing Bell.