Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Nifty could hit 27,000 once geopolitical tensions ease: Bajaj Finserv AMC CIO
Bajaj Finserv AMC CIO Nimesh Chandan projects 15% earnings growth for Nifty in FY28, with EPS rising to the ₹1,420–1,440 range, making valuations look attractive. He backs metals, construction, and cement as long-term plays on a global supply chain shift, holds gold and silver in the multi-asset portfolio, and flags El Niño and elevated US yields as key risks keeping Indian interest rates high in the near term.
Numaligarh Refinery signs post-expansion agreement with Progressive Fertichem
Numaligarh Refinery Limited has secured a significant deal. The company will sell 52,500 Metric Tonnes of Sulphur annually to Progressive Fertichem Private Limited. This marks the first commercial agreement post the refinery's expansion project. The deal ensures a long-term off-take for the refinery's Sulphur production. This partnership is expected to boost NRL's revenue and signals readiness for its expanded capacity.
Block deal: JSW Energy sells Rs 3,150 crore JSW Steel stake to GQG, SBI Mutual Fund
JSW Energy has divested a portion of its JSW Steel stake for Rs 3,150 crore to fund its aggressive power generation expansion. The company aims to reach 30 GW capacity by 2030, bolstered by both renewable and thermal power projects. This strategic move enhances capital allocation and supports long-term growth initiatives.
GoIndiaStocks’ Rakesh Arora says steel margins near peak, advises profit booking in aluminium stocks
Rakesh Arora, Founder, GoIndiaStocks.com, advised investors to avoid fresh buying in steel stocks at current valuations and recommended profit booking in aluminium companies amid concerns over large upcoming global supply additions. Arora also said AI-driven demand remains a key long-term driver for copper and other base metals.
Tata Steel Q4 Review: Motilal Oswal Remains Bullish on Strong Long-Term Outlook — Check Target Price
Tata Steel's standalone revenue stood at Rs 38,500 crore in Q4 FY26, in line with brokerage's estimate.
Market Trading Guide: Buy SAIL, Hindustan Copper on Thursday for gains up to 9%
Nifty snapped its four-session losing streak with modest gains led by metals, energy and consumer stocks, though bearish momentum persisted technically. Analysts identified SAIL and Hindustan Copper as promising buy opportunities, citing breakout patterns, improving momentum indicators and favourable price structures for near-term upside potential.
MSCI decides against adding Adani Energy to global standard indexes in May review
MSCI has excluded Adani Energy Solutions from inclusion in its indexes during the May 2026 review after the stock was placed on an “Ineligible Alert Board” due to India’s ASM surveillance framework. MSCI said securities under the Short-Term or Long-Term Additional Surveillance Measure (ASM) will not be added to its Investable Market Indexes during periodic reviews.
India must speed up domestic resource production amid global supply risks: Vedanta
Amid rising geopolitical tensions around the Strait of Hormuz and growing global competition for critical minerals, Vedanta Group has said India needs to accelerate domestic exploration and operationalise natural resource assets faster to reduce import dependence and strengthen long-term resource security.
Lloyds Metals aims reopening of copper mine in Papua New Guinea
Lloyds Metals and Energy wins preferred partner status over CMOC for Panguna mine in Papua New Guinea, pursuing long term copper and gold deal with Bougainville Copper and local government
Vedanta demerger sets stage for value unlocking, global scale: Chairman Anil Agarwal
Vedanta Limited is entering a new phase with its demerger effective May 2026, aiming to unlock value through independent businesses. Strong FY26 earnings, rising profits and expansion plans across segments position it for sustained long-term growth.
Vedanta demerger: When will the four new stocks list on NSE, BSE? Here's what investors can expect
Vedanta’s demerger has left investors awaiting the listing of its four newly carved-out entities, even as the parent stock continues to rise post-adjustment. With filings expected soon and listings likely by mid-June, analysts highlight valuation cues from past demergers and remain optimistic about Vedanta’s medium- to long-term prospects.
Prefer BSE on dips, Bajaj Auto strong, DMart margins muted: Chola Securities
Dharmesh Kant, Head of Research at Chola Securities, says markets remain selective with stock-specific opportunities. He flags weak telecom tower metrics and muted DMart margins, while auto OEMs show strong growth aided by price hikes. On BSE, he sees 15–20% volume trends but advises caution post volatility. He prefers long-term capital market plays on dips and remains bullish on metals, especially JSW Steel, with structural demand tailwinds.