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Petronet LNG shares up 2% as Qatar plans to rapidly restart LNG production
Notably, Qatar had halted LNG production after its facilities were attacked by Iran. India depends on long-term LNG contracts with Qatar for a significant share of its gas needs.
Vedanta Aluminium, Oil & Gas and Power shares fall up to 5% on Day 2. What should investors do?
Shares of newly demerged Vedanta entities saw a dip post-listing. Investors are now weighing long-term opportunities, with Vedanta Aluminium emerging as a clear heavyweight due to its scale and expansion plans. Analysts favour aluminium as the top growth bet, while Vedanta Oil & Gas and Power present different investment profiles.
Financials and consumption could be among the biggest winners as oil risks recede: Emkay Global
Seshadri Sen, Head-Research & Strategist at Emkay Global Financial Services, believes financials and discretionary consumption could emerge as key beneficiaries of easing geopolitical tensions and lower oil prices. He expects softer liquidity conditions to support banks and NBFCs, while stronger consumer spending could boost sectors such as autos. Sen also remains constructive on pharmaceuticals for long-term compounding and sees India's textile sector benefiting from free trade agreements with the UK and EU.
Stable crude, strong metal demand and El Nino plays drive opportunities: Motilal Oswal's Khemka
Siddhartha Khemka, Head of Research-Wealth Management at Motilal Oswal Financial Services, says easing geopolitical tensions could keep crude oil prices stable, supporting oil marketing companies. He remains positive on GNG Electronics due to strong growth prospects in refurbished electronics and prefers Hindalco among aluminium stocks, citing a multi-year demand cycle. Khemka also sees long-term value in Manappuram Finance and believes Voltas and Varun Beverages could benefit from a potential El Niño-led heatwave.
Rupee jumps 39 paise to open at 95.37 against US dollar
Rupee rises to 95.37 against USD, driven by declining oil prices and hopes for an Iran peace deal. Record inward remittances of USD 110.47 billion in FY26 offer some relief, but long-term stability requires consistent foreign capital. Analysts urge caution amid geopolitical tensions.
AI, oil worries have 'over-punished' India, masked long-term investment case, says Blackrock - Indiatimes
AI, oil worries have 'over-punished' India, masked long-term investment case, says BlackrockIndiatimes
Reliance underperforms Nifty 50 YTD: Equirus says catalysts for re-rating are emerging, upgrades stock to LONG - Mint
Reliance underperforms Nifty 50 YTD: Equirus says catalysts for re-rating are emerging, upgrades stock to LONGMint
AI, oil worries have 'over-punished' India, masked long-term investment case, Blackrock says
BlackRock says India stocks are over punished for lacking direct AI and oil risks, keeps constructive stance, backs financials and industrials despite volatility and foreign outflows.
AI, oil worries have 'over-punished' India, masked long-term investment case, Blackrock says - Reuters
AI, oil worries have 'over-punished' India, masked long-term investment case, Blackrock saysReuters
Ruchit Jain of Motilal Oswal suggests Grasim, Bank of Maharashtra shares to buy for the short term
Indian equity benchmarks rose on Wednesday, driven by gains in FMCG, oil & gas, financial, and IT stocks, despite geopolitical tensions. The Nifty 50 increased by 0.5% and the BSE Sensex by 0.7%, indicating a strong market sentiment amidst consolidation and support at key levels.
Jefferies upgrades Aegis Vopak shares to Buy, says correction overdone. Here’s why
Shares of Aegis Vopak Terminals gained after Jefferies upgraded the stock to Buy despite lowering its target price to Rs 240. The brokerage believes the recent correction has been excessive and expects long-term growth to be supported by capacity expansion, rising LPG demand and storage-led opportunities.
DEE Development Engineers Ltd bags Rs 387 crore contract from Bharat Petroleum
Engineering firm DDEL secured a significant Rs 386.83 crore contract from Bharat Petroleum Corporation Ltd. This order is set to be executed until February 2028, providing long-term revenue visibility. DDEL's order book now exceeds Rs 2,400 crore, positioning the company for sustained growth. The company is expanding its participation in high-value opportunities both domestically and internationally.