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INR pares initial losses and settles largely unchanged
The Indian rupee was largely flat and settled almost unchanged at Rs 95.43 per dollar, down just 2 paise on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. Rupee pared its initial losses as crude oil prices and the US dollar index retreated from their elevated levels. Indian shares gave up early gains to end little changed on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation data later in the day for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. The BSE Sensex ended the day at 73,983.18, up by 64.42 points (0.09%), while the NSE Nifty 50 settled at 23,214.95, slipping by 27.15 points (-0.12%).
ICICI Prudential Mutual Fund raises stake in Travel Food Services, shares rise
ICICI Prudential Mutual Fund has announced the acquisition of an additional stake in Travel Food Services, increasing its total shareholding in the company to above 5%.
Gold ETFs Break 13-Month Win Streak As Investors Pull Out Rs 725 Crore In May
Net gold ETF outflows stood at Rs 725 crore, according to data released by the Association of Mutual Funds in India
IndiGo shares gain 2% after analyst meet. Why Goldman, Morgan Stanley, others see up to 38% upside?
IndiGo shares witnessed an uptick on Tuesday after its analyst meet, where management outlined strong long-term growth plans driven by rising air travel demand and international expansion. Brokerages including Goldman Sachs, Morgan Stanley, Motilal Oswal and Elara Capital reiterated bullish views, seeing up to 38% upside despite near-term geopolitical and fuel-price risks.
JSW Infra: Motilal Oswal Bullish on Structural Growth, Maintains Buy — Check Upside
Motilal Oswal expects JSW Infra to strengthen its market dominance, leading to a 19% volume CAGR over FY26-28.
JSW Cement: Motilal Oswal Maintains 'Neutral' Stance Despite Target Price Revision — Explained
JSW Cement continues to benefit from its unique and highly differentiated GGBS franchise, which remains a key competitive moat.
Groww, Lenskart, 9 other stocks among Motilal’s non-Nifty ideas. Check full list
Motilal Oswal has revealed its top non-Nifty stock picks. The brokerage anticipates robust earnings growth for these companies. Key names include ICICI Prudential AMC, TVS Motor, and Dixon Technologies. Delhivery shows the highest projected earnings expansion. Investors can explore these opportunities for potential gains.
Q4 earnings review: Motilal Oswal highlights broad-based beat on estimates, lists 6 sectors that exceeded expectations
Motilal Oswal said Q4 FY26 earnings surpassed expectations, with aggregate profits rising 16% year-on-year against its 8% estimate. Strong performances from BFSI, metals, OMCs, technology, telecom and automobiles drove the beat, while oil & gas lagged. The brokerage remains selective, favouring domestic growth-oriented sectors and stocks.
Stocks to buy: Premier Energies, JSW Energy among top picks by analyst
Stocks to buy: Ruchit Jain of Motilal Oswal Financial Services recommends buying Premier Energies, JSW Energy and one other stock
Ruchit Jain of Motilal Oswal suggests JSW Energy, Chambal Fertilisers shares to buy for the short term
Nifty 50 and Sensex showed little movement as investors reacted to US-Iran tensions, with Nifty at 23,946.85 and Sensex at 76,081.78. Broader markets outperformed, but investor sentiment remains cautious as geopolitical developments influence trading strategies.
Zensar Tech Shares May Rally Up to 31%, Says Motilal Oswal; Retains Buy on AI-Led Growth Visibility — Check Target Price
Motilal Oswal remains constructive on Zensar, citing improving deal momentum, a differentiated AI strategy, and strong medium-term growth visibility supported by a large deal win.
How JSW Energies’ Rs 3,150-crore JSW Steel stake sale will help lower debt, Jefferies explains
JSW Energy’s Rs 3,150-crore stake sale in JSW Steel to GQG Partners and SBI Mutual Fund is expected to strengthen its balance sheet. Jefferies says the move will lower leverage, support capex plans and improve execution visibility, prompting a target price upgrade to Rs 675.