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SBI Securities prefers HDFC Bank, sees long-term upside in metals
Sunny Agarwal, Head Fundamental Research, Retail Desk at SBI Securities, remains positive on private banks, preferring HDFC Bank over Kotak Mahindra Bank after the lender received a clean legal review. He says Persistent Systems' acquisition benefits may take up to eight quarters to materialise, while slower growth remains a near-term concern. Agarwal is also bullish on the metals sector, with Indian Metals & Ferro Alloys as his top pick, and remains positive on Astral over the long term despite near-term challenges.
Vinay Rajani of HDFC Sec suggests L&T Finance, Welspun Enterprises shares to buy in near-term
Indian equity benchmarks, Nifty 50 and Sensex, declined due to geopolitical tensions impacting investor sentiment. The BSE Sensex fell over 400 pts, and Nifty 50 dropped around 115 pts. Upcoming domestic macroeconomic indicators will guide investors amid concerns over US-Iran military exchanges.
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Kotak Mahindra Bank shares on 29 June
Indian benchmark indices opened mixed following a significant weekly winning streak. The Nifty 50 showed little change, while the BSE Sensex dipped slightly. Investors are cautious amid geopolitical tensions, with attention on US-Iran diplomatic efforts.
PFC-REC merger approved! Here's what will happen to your existing shares after mega merger
PFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to create India’s largest power financing institution. Analysts advise staggered investment, citing regulatory approvals, execution risks and valuation concerns despite long-term sector support.
Crisil Ratings revises ratings outlook of Venus Pipes to 'positive'
Venus Pipes and Tubes (VPTL) said that Crisil Ratings has revised its outlook on the long-term bank facilities of the company to 'positive' from 'stable' while reaffirming the rating at 'Crisil A'.
Rajesh Palviya of Axis Sec suggests JSW Infrastructure, Ind-Swift Laboratories, Welspun Living shares to buy next week
The Indian stock market will remain closed on June 26 for the Muharram holiday. Benchmark indices extended their winning streak ahead of the holiday, with Nifty 50 closing at 24,056 and Sensex at 77,100.47, boosted by easing crude oil prices and supportive measures for the rupee.
Govt targets solar, hydrogen components to cut import dependence
India is boosting domestic manufacturing across solar, green hydrogen, and wind energy sectors to curb import reliance. Key focus areas include solar inverters, electrodes, catalysts, bipolar plates, and polysilicon. This strategic move aims to strengthen the supply chain for critical components, addressing current import dependencies and fostering long-term cost competitiveness for India's burgeoning renewable energy industry.
Tata Motors CEO says India growth story will outweigh West Asia war impact on CV demand in long term
Tata Motors anticipates short-term headwinds for commercial vehicle demand due to West Asia war-induced diesel price hikes. However, MD & CEO Wagh remains optimistic, citing India's strong macro-economic growth as a long-term driver for increased road freight and commercial vehicle demand. He also highlighted government initiatives like electrification incentives as positive factors for the industry's future.
Stocks to buy in 2026 for long term: Tata Capital, Tata Motors among 5 stocks that could give 10-20% return
We have collated a list of recommendations from top brokerage firms from ETNow and other sources
Nifty Defence Index Gains 24% In 2026, But Gard Reach And Mazagon Dock Await Fresh Order Boost
Strong order pipelines and expansion into commercial shipbuilding support long-term prospects, but shrinking order books and delayed contract awards have weighed on stock performance.
Adani Group AGM 2026: Top 10 highlights from Gautam Adani's address
Gautam Adani used the group's AGM to lay out an expansive vision spanning AI, nuclear energy, data centres, airports, power and defence, while highlighting record investments, strong financial performance and long-term infrastructure ambitions.
Ruchit Jain of Motilal Oswal suggests AXIS Bank, Genus Power shares to buy for the short term
Indian equity benchmarks surged today, driven by falling crude oil prices and supportive comments from the RBI Governor. The Nifty 50 rose 0.95%, while the BSE Sensex gained 1.27%. However, the broader market remained weak, with smallcap and midcap indices declining.