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Gold, housing plays take a hit as Modi's austerity pitch rattles consumer-facing stocks
Jewellery and real estate stocks experienced a sharp decline after Prime Minister Modi urged financial restraint, advising citizens to postpone gold purchases and reduce discretionary travel. The comments, aimed at curbing fuel consumption amid geopolitical uncertainty and high energy costs, triggered an immediate market reaction in sectors tied to household spending.
Adani Energy Solutions Ltd drops for fifth straight session
Adani Energy Solutions Ltd is quoting at Rs 1262.8, down 5.79% on the day as on 13:19 IST on the NSE. The stock jumped 39.66% in last one year as compared to a 4.21% slide in NIFTY and a 15.52% spurt in the Nifty Energy index.
Reliance Industries Ltd slips for fifth straight session
Reliance Industries Ltd is quoting at Rs 1377.3, down 0.79% on the day as on 13:19 IST on the NSE. The stock tumbled 2.71% in last one year as compared to a 4.21% slide in NIFTY and a 15.52% spurt in the Nifty Energy index.
Resonia appoints Aditya Mittal as CFO
Resonia, a transmission infrastructure company, has appointed Aditya Mittal as its new Chief Financial Officer. Mittal brings over 15 years of experience from Siemens and Siemens Energy. He will report to CEO Prashant Sinha. Mittal's role will focus on strengthening the company's financial foundation. His expertise is expected to enhance decision-making and governance as Resonia enters its next growth phase.
Stocks making the biggest moves midday: ONGC, Infoys, TCS, JSW Energy, Bharat Forge and more - financialexpress.com
Stocks making the biggest moves midday: ONGC, Infoys, TCS, JSW Energy, Bharat Forge and morefinancialexpress.com
‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving push
Union Minister Hardeep Singh Puri reassured citizens that no lockdown-like restrictions are imminent despite Prime Minister Modi's call for fuel conservation amid the West Asia crisis. Puri asserted India's energy supplies remain stable, with significant domestic LPG production increases and substantial oil and LPG reserves in place.
PM Modi has held up a mirror to the country: Nilesh Shah, Kotak AMC
At the moment, markets are driven far more by global developments than domestic factors, Shah said. The biggest concern globally, he feels, is energy supply and energy prices.
JSW Energy Shares Plunge Over 8% After Q4 Profit Decline
JSW Energy's shares dropped over 8%
JSW Energy shares tumble 7% as Street cites debt concerns, expensive valuations
JM Financial has downgraded JSW Energy to 'Add' from 'Buy'. The brokerage said it remains confident about the company achieving its target of 30 GW capacity by 2030, but flagged concerns around elevated debt following multiple acquisitions and investments into capital-intensive projects.
JSW Energy: Motilal Oswal Remains Bullish Despite Soft Q4 Results — Check Target Price, Potential Upside and More
JSW Energy reported a revenue of Rs 450 crore in Q4 FY26, missing brokerage's estimates by 24%.
India Rejects Sanctioned Russian LNG Amid Compliance Concerns, Leaving Tanker Stranded At Sea: Report
India has refused a sanctioned Russian LNG cargo despite energy shortages, with the Kunpeng vessel now stranded near Singapore. The move reflects New Delhi’s effort to balance energy security with compliance risks from Western sanctions.
JSW Energy shares fall 7% despite 38% rise in Q4 profit; dividend declared
JSW Energy share price today: MOFSL has reiterated 'Buy' rating on the stock with a target of ₹640. The brokerage said that Q4 was a soft quarter, with revenue coming in below the estimates by 24%