Market News
Stay updated with the latest market trends, earnings, and economic indicators.
52 of 112 FY26 IPOs below issue price; analysts advise selective buying
Stocks such as Anlon Healthcare, Jaro Institute, VMS TMT, Shree Ram Twistex and Glottis are down in the range of 50 to 80 per cent, as per data shared by PRIME Database.
Quick commerce still chaotic, no clear winners yet: Bernstein
Jignanshu Gor, Director and Senior Research Analyst at Bernstein believes that while players like Eternal, Zepto and Swiggy continue to grow, fresh aggression from Amazon and Flipkart is adding pressure. The market is evolving quickly, making it hard to predict who will dominate. Gor believes only a few strong players with solid finances and execution will survive in the long run. Among listed plays, Eternal stands out for its stronger financials and balance sheet in a volatile sector. Bernstein sees ₹5,000 as fair value for Avenue Supermarts, with steady earnings growth and margin expansion over the next 12 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.
IndiGo may see near-term pressure; Eternal upside limited: Dharmesh Kant
Dharmesh Kant, Head Research at Chola Securities, outlined a mixed sector view. He expects a temporary impact on InterGlobe Aviation due to fuel costs but sees structural strength supporting recovery. On Eternal, he flagged execution risks in expansion and margin assumptions despite near-term valuation support. In defence, he prefers Mazagon Dock Shipbuilders over Garden Reach Shipbuilders & Engineers, citing a strong order pipeline and potential gains from a large submarine contract. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Sun Pharma a trading play on dips, banks may face difficult June quarter: Dharmesh Kant
Dharmesh Kant, Head of Research at Chola Securities, said Sun Pharma’s all-cash acquisition of Organon could improve return ratios and support valuations, but may bring overall revenue growth down to single digits. He sees a trading opportunity in Sun Pharma on price dips. On banking, he said Q1 could be difficult as provisioning picks up, which may weigh on profitability even as asset quality and margins remain stable. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Mid & smallcaps offer better safety than largecaps; IT sector remains a big no: INVasset PMS
Anirudh Garg Partner & Head-Research at INVasset PMS says mid- and smallcap stocks remain relatively safer as they see lower FII selling compared to largecaps. He highlights a structural shift in India towards equity investing, supporting capital market plays. While valuations are now reasonable, growth remains the key driver. Garg is strongly bearish on IT due to slowing demand and AI disruption, while preferring capital markets, corporate-focused banks, power equipment and metals. 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.
Mayuresh Joshi bullish on Vedanta, NLC India; sees ONGC benefiting from tight oil supply
Mayuresh Joshi, Director Research at Marketsmith India, said Vedanta’s business segments could deliver steady performance as structural drivers remain intact. He highlighted improving margins and capacity expansion in the power space, while noting mixed signals in copper due to softer numbers. Joshi added that constrained crude supply may support upstream companies’ realisations in the near term. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
ICICI Bank top pick, Jio Financial a long-term bet, Ultratech a good hold: Chola Securities
Dharmesh Kant, Head of Research, Chola Securities, said private banks show stable fundamentals, supported by improving cost metrics and growth visibility. He highlighted that emerging financial platforms need time to scale despite strong backing. Kant added that cement demand remains supported by macro trends, with leading players maintaining pricing control and capacity expansion, offering visibility for medium-term growth across the sector. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Dharmesh Kant prefers IndusInd Bank, Axis Bank; sees tactical upside in Infosys, TCS
Dharmesh Kant, Head of Research at Chola Securities, says markets offer selective opportunities across sectors. From a long-term perspective, he prefers IndusInd Bank, followed by Axis Bank in the private banking space, and Bank of India and Bank of Baroda in the public sector banking space. In IT, he sees only tactical upside led by Infosys and TCS, citing weak revenue visibility. In autos, Hero MotoCorp, M&M, and Maruti stand out on valuations and demand outlook. 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.
Organic Recycling Systems signs MoU with ITEL, Chennai
Organic Recycling Systems (ORSL) has entered into a strategic Memorandum of Understanding (MoU) with the Immersive Technology and Entrepreneurship Labs Foundation (ITEL), Chennai, to jointly drive research, innovation, and capacity-building initiatives in bio-energy, waste management, and green technologies.
US services activity expands most since 2022 on demand
The Institute for Supply Management’s services index rose 2.3 points to 56.1, the group said on Wednesday (March 4). Readings above 50 indicate expansion, and the figure exceeded all projections in a Bloomberg survey of economists.
UPL To Integrate Indian, Overseas Crop Protection Business Into Single Entity
This integrated business will benefit from a strong manufacturing base, advanced research capabilities, a broad portfolio of registered products and brands across multiple geographies and independent management, UPL says.
Stocks to Watch Today: JSW Steel, Tata Motors PV, Adani Enterprises, SEPC, Muthoot Finance, GE Shipping, Welspun Enterprises, Sheela Foam, Voltas in focus on 15 May
Stocks to Watch, 15 May: Stocks like HCL Technologies, SEPC, Adani Enterprises, Zaggle Prepaid Ocean Services, Simca Advertising, Jaro Institute of Technology Management and Research, Voltas, Welspun Enterprises, Great Eastern Shipping Company, Muthoot Finance, Sheela Foam, and JSW Steel will be in focus on May 15.