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NTPC partners with UK’s Octopus Energy to explore clean energy, EV and storage opportunities
India's NTPC and UK's Octopus Energy Group have signed an agreement. They will explore business opportunities together. This includes electricity distribution and storage. The collaboration will focus on India, the UK, and other regions. They aim to improve efficiency and clean energy use. Opportunities in renewable energy, EV charging, and digital platforms will be assessed.
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.
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.
Stocks to Watch Today: HDFC Bank, SJVN, Sterling and Wilson Renewable, Bandhan Bank, SIS, Indo Tech Transformers, Juniper Hotels in focus on 30 June
Stocks to Watch, 30 Jun: Stocks like HDFC Bank, Axis Bank, Bandhan Bank, Engineers India, SIS, Crest Ventures, Yes Bank, Sterling and Wilson Renewable Energy, Juniper Hotels, Jagsonpal Pharmaceuticals, SJVN, and Indo Tech Transformers will be in focus on June 30.
Stocks to Watch Today: InterGlobe Aviation, Concord Biotech, NMDC, Lumax Auto Tech, Olectra Greentech, Cyient. Lupin, PB Fintech in focus on 01 June
Stocks to Watch, 1 Jun: InterGlobe Aviation, Gujarat Gas, Concord Biotech, Indian Renewable Energy Development Agency, NMDC, Glenmark Pharma, Olectra Greentech, Lumax Auto Technologies, Inox Wind, PNC Infratech, and Cyient will be in focus on June 1.
Renewable energy stocks cool off after Thursday rally; Solex, Borosil, Inox Wind fall as broader market weakens
Among renewable energy stocks, several counters slipped after Thursday’s surge. Solex Energy was among the biggest losers. However, some renewable energy counters remained in positive territory despite the broader market weakness.
Taking Stock: Markets continue to see sell-off amid crude surge; rupee at record low
More than 850 stocks touched their 52-week low, including Swan Corp, Interglobe Aviation, GNFC, PNB Housing Finance, Birla Corp, BLS International, Sterling Wilson, RHI Magnesita, Just Dial, Asian Paints, Nuvoco Vistas, REC, Berger Paints, JK Lakshmi Cement, Rashtriya Chemicals, GAIL, Inox Wind, among others.