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Ruchit Jain of Motilal Oswal suggests Granules India, Nippon Life, and SRF shares to buy for the short term
The Nifty 50 and Sensex increased on May 6, supported by a government credit guarantee scheme for businesses. Investor sentiment improved due to positive earnings reports and falling oil prices, suggesting resilience in markets despite recent challenges.
Reliance Industries shares in focus as Mukesh Ambani eyes satellite foray to take on Starlink
Reliance Industries is evaluating a multi-billion-dollar entry into satellite communications, focusing on low Earth orbit networks under Jio Platforms. The initiative aims to strengthen India’s strategic capabilities amid rising global competition, with discussions underway on technology partnerships, orbital slots and potential acquisitions as the company explores long-term opportunities in future.
HUL to take calibrated price hikes amid cost pressures; demand situation stable: CEO Priya Nair
Hindustan Unilever will implement calibrated price increases to counter rising input costs, focusing on volume-led growth. The company remains confident in its ability to protect volumes in daily essential categories due to low price elasticity. HUL is also driving savings across its operations to navigate short-term challenges while maintaining long-term growth.
Expert view: Below 24,300, Nifty 50 could signal short-term weakness, says Rohit Srivastava of Indiacharts
Expert view: Rohit Srivastava, the founder and market strategist at Indiacharts.com, believes the market may have begun a move that could eventually take it back to record levels. He, however, added that a fall below 24,300 could signals short term weakness.
Coal India, UltraTech, Sun Pharma, PSU banks: Mayuresh Joshi’s stock calls
Mayuresh Joshi, Director Research, Marketsmith India, says Coal India’s weak volumes and realisations limit upside despite about 6% yield, while UltraTech’s double-digit volume outlook supports steady performance. He flags near-term demand risks for Jindal Stainless but sees long-term potential, prefers pipe plays like Welspun Corp, and remains selective on PSU banks. On Sun Pharma, he sees long-term gains but near-term execution and margin risks.
LIC’s bonus dhamaka sparks 7% rally in two days. What lies ahead?
LIC shares surged 7% in two sessions after announcing its first-ever 1:1 bonus issue, boosting investor sentiment. The move, involving capitalisation of Rs 6,325 crore reserves, signals strong financial health and may improve liquidity, though analysts remain watchful of long-term growth triggers and valuation trends.
India bull Chris Wood likes Pakistan stock market around IMF bailout cycles
Jefferies strategist Christopher Wood says Pakistan offers high-beta opportunities around IMF bailout cycles, even as India remains his core long-term bet. While Pakistan’s market has soared since the latest IMF programme, Wood notes that India’s structural strength and improved valuations position it for a potential rebound.
Market Trading Guide: Buy Ramco Systems, Natco Pharma and 2 more stocks on Wednesday for gains up to 14%
Nifty extended gains for a fourth session, confirming a breakout and positive near-term trend above key moving averages. Analysts highlight resistance at 23,200 and volatility risks from Middle East tensions, while recommending four stocks showing bullish patterns, momentum strength, and upside potential in coming weeks.
425% rally in one year! Multibagger stock hits upper circuit on launch of ₹50 million innovation fund
Take Solutions' stock reached a 2% upper circuit at ₹42.04 after announcing a ₹50 million Innovation Fund aimed at investing in AI and health startups. This initiative emphasizes the company's shift towards technology-driven business models to create long-term stakeholder value.
Stocks to buy in 2026 for long term: Ambuja Cement, Apollo Hospitals among 5 stocks that could give 10-30% return
We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
Market Trading Guide: Apollo Pipes among 3 stock recommendations for Tuesday
Sensex and Nifty plunged nearly 2% as rising crude oil prices, weak global cues and escalating West Asia tensions triggered heavy selling. Foreign fund outflows and a weaker rupee added pressure. Analysts recommend Apollo Pipes, Aurobindo Pharma and Tata Steel for potential short-term gains.
Avoid OMCs; prefer defence and summer plays: Chola Securities
Dharmesh Kant, Head of Research at Chola Securities, says oil marketing companies remain largely avoidable as they are cyclical, commodity-linked businesses with limited long-term wealth creation potential, especially as renewable energy gains share. He advises selective buying in market declines, favouring defence stocks like BEL and HAL and summer-linked plays such as LG Electronics and Blue Star. Kant also sees corrections in InterGlobe Aviation as a potential long-term buying opportunity despite near-term volatility.