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Aluminium prices may hit $3,500; Vedanta remains top pick: ICICI Securities
Vikash Singh, Vice President at ICICI Securities, says the long-term outlook for aluminium also remains strong, with prices estimated near $2,950. While Nalco benefits more directly from higher aluminium prices, Vedanta remains his preferred stock. Ductile iron (DI) pipe makers such as Electrosteel Castings and Jindal Saw could also benefit from the Jal Jeevan Mission.
Adani Power shares jumps 5% after MSEDCL awards 1,600 MW long-term supply contract
Adani Power's shares rose 5% after securing a 1,600 MW thermal power supply deal with MSEDCL. The company will supply power from an upcoming ultra-supercritical project at a tariff of Rs 5.30/kWh, commencing in FY30-31. This win boosts Adani Power's secured capacity and supports India's thermal power expansion goals.
Copper remains a strong long-term play despite near-term volatility: Anand Rathi’s Parthiv Jhonsa
Parthiv Jhonsa, Vice President of Anand Rathi Institutional Equities, said rising gas prices and higher shipping costs could pressure margins for Indian steel producers. However, immediate supply risks remain limited as companies hold raw material inventories. He noted potential export challenges due to Europe’s quota limits and warned that Chinese steel imports could rise if domestic production is disrupted. Jhonsa remains positive on select ferrous players and sees strong long-term prospects for copper.
Stocks to buy in 2026 for long term: Nippon Life, Gravita India among 5 stocks that could give double digit returns
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.
South West Pinnacle gains after securing long-term contract from Hindustan Zinc arm
South West Pinnacle Exploration rose 1.35% to Rs 191.80 after it has been awarded a long-term contract from Hind Metal Exploration, a wholly owned subsidiary of Hindustan Zinc, for providing exploration services in Rajasthan.
Stocks to Buy: JPMorgan bets on two large port operators for up to 35% upside
Despite strong stock price outperformance over the past three years, with Adani Ports and JSW Infrastructure rising 70% and 68%, respectively, compared with the Nifty 50, JPMorgan believes the sector's long-term strengths are still not fully appreciated.
GMDC gets environmental clearance for 3 MTPA Kutch lignite and limestone project
GMDC has received environmental clearance for its Lakhpat–Punrajpur lignite and limestone mine in Kutch, strengthening long-term production visibility and expanding its mineral resource base in Gujarat.
Chris Wood picks IndiGo, Adani Power in India portfolio reshuffle
Jeffries' Christopher Wood has reshuffled his India portfolio, adding Adani Power and InterGlobe Aviation (IndiGo) while exiting Home First Finance and Le Travenues Technology (Ixigo). The ace investor remains overweight on India, citing reforms, strong domestic flows and long-term structural opportunity.
Gold firm above $5,000, silver volatile: Where are prices headed next?
With gold holding firm at elevated levels and jewellers reworking strategies to suit price-sensitive buyers, the commodities landscape is increasingly defined by divergence. While long-term bullish forecasts from players such as UBS keep gold in focus, silver struggles with erratic moves and weak participation, and India’s steel market shows early signs of consolidation after a sharp rebound.
Stocks to buy in 2026 for long term: Tata Steel, Eicher Motors among 5 stocks that could give double digit return
We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
Adani Ports stock rating: Brokerages bullish on MSC's $1.4 billion Vizhinjam deal; check target prices, upside
Brokerages reiterated their bullish stance on Adani Ports stock following MSC Group's $1.4 billion investment in the company's Vizhinjam port. Analysts said the partnership strengthens long-term cargo visibility and supports the company's growth outlook.