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Motilal Oswal bullish on BSE, Lenskart and cement stocks as AI, market share growth drive outlook
Siddhartha Khemka, Head of Research, Wealth Management at Motilal Oswal Financial Services, said the brokerage remains positive on BSE Ltd. with a ₹4,400 target as cash market share gains and NSE’s expected listing could support growth. He also highlighted strong opportunities in AI-linked sectors such as power, cables and data centres, maintained a buy call on Lenskart with a ₹600 target, and named UltraTech Cement Ltd., JK Cement Ltd. and Dalmia Bharat Ltd. as preferred cement picks. 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.
As Vedanta Group posts record FY26 earnings, Chairman Anil Agarwal lays out vision for a ‘very exciting new chapter’
Vedanta Group reported a record profit of ₹25,096 crore in FY26, driven by a revenue of ₹1,74,075 crore. The company plans a demerger to create sector-focused entities, enhancing growth strategies and financial flexibility, with significant investments in aluminium, oil, and power sectors.
IPOs This Week: One Mainboard Issue To Launch, Om Power Transmission Shares To List On Indian Stock Market - NDTV Profit
IPOs This Week: One Mainboard Issue To Launch, Om Power Transmission Shares To List On Indian Stock MarketNDTV Profit
TrueRE Oriana Power signs ₹3,135 crore green ammonia deal with SECI
TrueRE Oriana Power signs 10 year green ammonia offtake deal with SECI worth about Rs 3135 crore for 60000 tonnes a year, project to be developed in Sagar Madhya Pradesh
Temperatures rise! NTPC Green, Adani Power shares jump up to 7%; what lies ahead?
Soaring temperatures across India are fueling a surge in power demand, boosting shares of NTPC Green and Adani Power. Heatwave warnings are in effect for Mumbai and Delhi, with Gujarat and Madhya Pradesh also experiencing intense heat. Experts anticipate a record summer, benefiting power companies as they prepare for heightened electricity needs.
India's Russian oil buy surges 50% amid scramble to replace lost barrels
India's purchase of Russian crude oil has surged 50 per cent in March as New Delhi tapped alternate sources to make up for the shortfall arising from disruption in the Middle East amid a widening military conflict. India bought about 1.5 million barrels of Russian oil this month, up from 1.04 million bpd in February, ship tracking data showed. India, the world's third-largest crude importer, sources 88 per cent of its oil needs from abroad. It consumes 5.8 million barrels per day, of which 2.5-2.7 million barrels came from Middle East countries like Saudi Arabia, Iraq, and the UAE via the Strait of Hormuz. The chokepoint also carried 55 per cent of India's cooking gas (LPG) and 30 per cent of liquefied natural gas (LNG), used for power, fertilizers, CNG, and household cooking. The ongoing conflict has largely halted shipments through the strait, forcing India to seek alternative crude sources from Russia. "India was expected to import around 2.6 million barrels per day of crude vi
HG Infra bags ₹401 crore railway infrastructure for Anuppur thermal power project
H.G. Infra Engineering Ltd. received a ₹401.33 crore order for a railway project in Madhya Pradesh. Despite a 12.8% rise in Q3FY25 net profit, shares closed 2.41% lower at ₹492, declining over 52% in the last year.
Kirloskar Brothers bags ₹214 crore order for thermal power pumps from Adani Power
Kirloskar Brothers Limited won a ₹214 crore order from Adani Power Limited for circulating water pumps in Madhya Pradesh, Assam, Chhattisgarh and Bihar, boosting profits and revenue in Q3FY25.
Momentum Stocks: Diamond Power jumps 9%, Precot and Zen Technologies rally on strong momentum
Amir Chand Jagdish Kumar Exports, Gradiente Infotainment, Precot among others were locked in their upper circuits.
Closing Bell: Sensex, Nifty end flat amid volatility; pharma, oil & gas gain, media falls
Bharat Electronics, Adani Ports, Sun Pharma, Bharti Airtel, Maruti Suzuki were among major gainers on the Sensex, while losers were Power Grid Corporation, Trent, Bajaj Finserv, HDFC Bank and Eternal. Among sectors, auto, pharma, oil & gas, PSU Bank telecom, metal added 0.4-1%, while media index shed 0.7%. Nifty Midcap index rose 0.6%, while smallcap index ended flat.
Taking Stock: Nifty manages to close above 23,900 amid volatility; power, metal, media shine
Hindalco Industries, Power Grid Corp, Tata Motors Passenger Vehicle, Eternal, NTPC were among major gainers on the Nifty, while losers were ONGC, ITC, HDFC Life, HDFC Bank, Wipro.
Taking Stock: Markets extend losing streak; Nifty slips below 23,400, Sensex down 508 pts
Auto, power, FMCG, PSU Bank, Consumer Durables, realty down 1-3%, while IT index up 2.6%, media index up 1.3%, and metal index up 0.5%.