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ET Alpha Wealth Summit: S Naren shares blueprint for investing in a boring market
ICICI Prudential AMC CIO S. Naren described the current market as a “boring phase,” marked by a tug-of-war between FIIs and domestic mutual funds. At the ET Alpha Wealth Summit, he outlined five market-cycle phases, warning that parabolic asset rallies and leveraged investing are classic signs of bubbles.
Growing role of SMRs for defence manufacturing and data centre operation
India's growing defence and data centre sectors face a critical need for reliable power. A recent policy dialogue explored Small Modular Reactors (SMRs) as a solution. Experts highlighted SMRs' potential for clean, uninterrupted electricity, crucial for mission-critical operations and energy security. Addressing cost, regulation, and safety are key for wider adoption of this technology.
Experts highlight growing role of SMRs for defence manufacturing and data centre operation
India's defense production and data center sectors face a critical power supply constraint. A recent policy dialogue highlighted Small Modular Reactors (SMRs) as a solution for reliable, clean, and uninterrupted electricity. Experts discussed SMRs' role in energy transition, strategic resilience, and mission-critical infrastructure, while also addressing deployment challenges.
BofA sees FY27 earnings growth slowing to 8.5%; capex outlook stays strong
Amish Shah, Head of India Research at Bank of America Global Research, said higher commodity prices, the West Asia conflict and rising inflation could put pressure on growth and earnings in the first half of FY27. However, he believes the government is unlikely to reduce capital expenditure despite fiscal concerns. Shah also highlighted long-term opportunities in sectors linked to energy security, electric vehicles, defence, AI investments and data centres.
Kolkata-based Defence PSU GRSE lays keel for 4th vessel in German MPV project
Garden Reach Shipbuilders and Engineers in Kolkata has laid the keel for the fourth multi-purpose vessel. This is part of a large order for German shipping company Carsten Rehder. The project marks a significant expansion for GRSE into the global commercial shipbuilding market. The vessels are advanced CORAL 7500 DWT multi-purpose ships. This contract highlights GRSE's growing international presence.
Up to 531% returns: 23 small & midcap multibaggers you might have missed in 2026
Several small and midcap stocks have achieved multibagger status in 2026, offering substantial returns. Companies in sectors like fiber optics, defence, pharma, and solar energy have seen significant growth. This rally highlights thematic strengths overriding broader market concerns. Experts advise caution, emphasizing selective investing in quality companies with strong fundamentals and governance.
Stock markets decline for 2nd day on selling in oil, gas, banking shares
Stock markets closed lower for the second consecutive day on Wednesday as investors remained cautious amid conflicting geopolitical signals from the West Asia and fresh foreign fund outflows. In a volatile trade, the 30-share BSE Sensex declined 141.90 points, or 0.19 per cent, to settle at 75,867.80, with 20 of its constituents ending higher and 10 with losses. During the day, it hit a high of 76,224.68 and a low of 75,748.21, gyrating 476.47 points. The 50-share NSE Nifty skidded 6.55 points, or 0.03 per cent, to end at 23,907.15. Sensex had dropped by 479.26 points and Nifty by 118 points on Tuesday. Financials, oil & gas, IT and private banking shares were the major drag while energy, metals, and auto shares advanced, capping the downside. Among 30 Sensex firms, HDFC Bank fell the most by 2.63 per cent. Infosys, ITC, Hindustan Unilever, Reliance Industries and ICICI Bank were also among the major laggards. Power Grid, Eternal, NTPC and Tata Steel were the major ...
Mirae Asset Sharekhan predicts up to 150% upside in these 3 midcap stocks
Midcaps to buy: Muthuselvaraj, Research Analyst at Mirae Asset Sharekhan expects Adani Total Gas to hit ₹1,850 levels; JSW Energy and Astral to rally over 50% as Nifty MidCap hits new life-time high.
Premier Energies shares in focus as promoters sell stake worth Rs 2,289 crore. Check top buyers
Promoter family members of Premier Energies sold shares worth around Rs 2,289 crore through a block deal, while institutional investors, including Quant Mutual Fund and Nomura, picked up stakes. The development comes amid strong investor interest in renewable energy and domestic solar manufacturing, supported by robust earnings growth and aggressive capacity expansion plans.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength. These sectors are hitting new highs, driven by structural earnings visibility and long-term growth tailwinds, indicating a fundamental shift beyond mere defensive plays.
MTAR Tech shares drop 3% after rallying 24% in 3 days. Should you buy the dip?
MTAR Technologies shares fell after witnessing profit booking following a sharp rally that pushed the stock to a record high last week. The defence and precision engineering company recently secured large international orders and raised its FY27 growth guidance, while analysts continued to maintain a bullish outlook on the stock’s technical structure.
Qatar Holding sells 0.4% stake in Adani Energy; Birla MF buys for ₹644 cr
Qatar Holding LLC, an affiliate of the sovereign wealth fund Qatar Investment Authority, has sold 48.05 lakh shares of Adani Energy Solutions to Birla Mutual Fund for Rs 643 crore through open market transactions, according to data available on the BSE. Qatar Holding LLC offloaded 48,05,974 shares, representing a 0.40 per cent stake in Adani Energy Solutions, as per block deal data executed on Friday. The shares were disposed of at an average price of Rs 1,339 apiece, taking the deal value to Rs 643.52 crore. Meanwhile, Birla Mutual Fund acquired the same number of shares at the same price. Following the completion of the transaction, shares of Adani Energy Solutions on Friday rose 2.10 per cent to close at Rs 1,368 apiece on the BSE. Last month, Adani Energy Solutions posted a marginal rise of 1.3 per cent in its consolidated net profit at Rs 723 crore for the quarter ended March 2026, supported by a rise in revenues. The company had logged a net profit of Rs 714 crore in the ...