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Copper remains a strong long-term play despite near-term volatility: Anand Rathi’s Parthiv Jhonsa
Parthiv Jhonsa, Vice President of Anand Rathi Institutional Equities, said rising gas prices and higher shipping costs could pressure margins for Indian steel producers. However, immediate supply risks remain limited as companies hold raw material inventories. He noted potential export challenges due to Europe’s quota limits and warned that Chinese steel imports could rise if domestic production is disrupted. Jhonsa remains positive on select ferrous players and sees strong long-term prospects for copper.
Financials remain strong despite volatility; defence a long-term play: Invasset
Anirudh Garg, Partner & Head of Research at Invasset, says financials remain one of the strongest sectors despite recent volatility, with PSU banks, newer private banks and NBFCs better placed due to healthier balance sheets. He believes crude price spikes are largely event-driven and may settle around $80–$85. Garg adds defence stocks remain a structural long-term opportunity, while quality companies like IndiGo could offer buying opportunities during temporary uncertainty.
IndiGo shares rise 2% as CEO Pieter Elbers quits after December flight chaos. What's ahead?
IndiGo shares rose as 2% will be in focus after CEO Pieter Elbers resigned nearly three months after major operational disruptions that stranded passengers. Managing Director Rahul Bhatia will oversee operations temporarily. The airline also faces sector risks from rising crude prices and geopolitical tensions, though brokerages still see long-term growth potential.
Avoid OMCs; prefer defence and summer plays: Chola Securities
Dharmesh Kant, Head of Research at Chola Securities, says oil marketing companies remain largely avoidable as they are cyclical, commodity-linked businesses with limited long-term wealth creation potential, especially as renewable energy gains share. He advises selective buying in market declines, favouring defence stocks like BEL and HAL and summer-linked plays such as LG Electronics and Blue Star. Kant also sees corrections in InterGlobe Aviation as a potential long-term buying opportunity despite near-term volatility.
South West Pinnacle gains after securing long-term contract from Hindustan Zinc arm
South West Pinnacle Exploration rose 1.35% to Rs 191.80 after it has been awarded a long-term contract from Hind Metal Exploration, a wholly owned subsidiary of Hindustan Zinc, for providing exploration services in Rajasthan.
For those wanting to trade downside levels, not sure if index is the right way: Rohit Srivastava
Rohit Srivastava, Founder of Indiacharts and Strike Money, says investors should focus on hedging rather than aggressive selling as markets remain volatile. He suggests using long-dated Nifty puts as protection and notes that weakness, initially seen in IT and real estate, is spreading to other sectors including banks. For short-term traders, stock-specific short trades may offer opportunities, while defensive sectors such as defence, pharmaceuticals and agro-linked plays like sugar could act as selective bets.
Stocks to Buy: JPMorgan bets on two large port operators for up to 35% upside
Despite strong stock price outperformance over the past three years, with Adani Ports and JSW Infrastructure rising 70% and 68%, respectively, compared with the Nifty 50, JPMorgan believes the sector's long-term strengths are still not fully appreciated.
NHAI-backed Raajmarg Infra Investment Trust's IPO to open on Mar 11
State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) is gearing up to launch its Rs 6,000 crore Initial Public Offering (IPO). The InvIT's maiden public offering will open on March 11 and conclude on March 13, while the bidding for anchor investors will take place on March 10, according to a public announcement on Monday. The initiative marks an important step in broadening public participation in the National Highway infrastructure growth story. The public InvIT aims to unlock the monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors. As per the Red Herring Prospectus (RHP), Raajmarg Infra Investment Trust's IPO issue size aggregates up to Rs 6,000 crore. This was an increase from Rs 5,700 crore planned at the time of filing draft papers in January. Earlier, NHAI had incorporated Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) as the investment mana
Chris Wood picks IndiGo, Adani Power in India portfolio reshuffle
Jeffries' Christopher Wood has reshuffled his India portfolio, adding Adani Power and InterGlobe Aviation (IndiGo) while exiting Home First Finance and Le Travenues Technology (Ixigo). The ace investor remains overweight on India, citing reforms, strong domestic flows and long-term structural opportunity.
CleanMax sees strong renewable demand from corporates, AI firms
CleanMax plans to commission nearly 3 GW of new capacity over the next two years. Management said long-term PPAs help maintain predictable pricing and stable cash flows.
Bata India shares fall over 4% after Q4 net profit plunges 95%
Bata India said the quarter was impacted by certain one-time items, including voluntary separation retirement (VSR) costs of Rs 28.1 crore as part of its long-term strategy to improve supply chain capability and efficiency
Adani Ports stock in focus as Nomura, Jefferies stay bullish after strong May cargo growth; check target prices
Adani Ports and SEZ shares will likely be in focus today with brokerages reiterating their bullish ratings on the stock after strong cargo traffic growth in May, and a positive long-term outlook.