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Five Stocks To Buy: Adani Energy, Adani Green, Gland Pharma And More | June 08, 2026
Top picks include power transmission major Adani Energy Solutions, renewable energy giant Adani Green Energy, pharma player Gland Pharma, automotive major Ashok Leyland, and carbon materials manufacturer Himadri Speciality Chemical.
As OPEC+ meets, Iran war hobbles power to shape oil market
OPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since the Strait of Hormuz was effectively blocked by conflict. However, analysts believe geopolitical realities and dwindling supply mean any output increases will have limited impact on global prices.
STT Global acquires 3.5-acre land parcel in Navi Mumbai for Rs 282 crore
STT Global Data Centres India has bought a 3.48-acre industrial property in Navi Mumbai's Mahape for Rs 282 crore. This strategic acquisition supports the growing demand for digital infrastructure. The site in the TTC Industrial Area offers access to power and connectivity.
Stock Alert: CG Power, Juniper Hotels, IL&FS Engineering, Aurobindo Pharma, Karur Vysya Bank
Securities in F&O Ban:
Marcellus launches global equities fund in GIFT City, targets AI, defence and luxury themes
Marcellus Investment Managers has launched a global equities fund through GIFT City, offering Indian investors access to overseas stocks. The fund targets defence, power, AI-led infrastructure and luxury themes, enabling dollar-denominated investing, diversification and exposure to long-term global growth opportunities.
Cummins India, CG Power, GE Vernova: Can India’s data centre sector outperform global rivals? - Upstox
Cummins India, CG Power, GE Vernova: Can India’s data centre sector outperform global rivals?Upstox
Hitachi Energy, GVTD to CG Power: Citi is bullish on these electric equipment stocks. Should you buy?
Citi estimates HVDC projects alone could represent an opportunity of around ₹1.6 trillion for equipment manufacturers. The brokerage also expects global transmission and distribution capital expenditure to exceed $15 trillion between CY25 and CY50.
IME Capital's Ashi Anand bets on AI-linked capital goods firms, exits IT and real estate
Ashi Anand, Founder and CEO of IME Capital, said his firm has allocated around 10% of its portfolio to companies connected to global power equipment and infrastructure supply chains serving major international manufacturers. He is also building exposure to the GLP-1 and consumer themes. Anand remains cautious on markets due to geopolitical risks, warning that prolonged disruption around the Strait of Hormuz could push oil prices higher and weigh on India's inflation and trade balance. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Which sectors are expensive & which are cheap? PL Capital's valuation guide
PL Capital says defence, power and capital goods stocks remain richly valued, while IT, retail, hotels and real estate trade below historical averages
NHPC shares rise 5% as govt exercises greenshoe in OFS; retail window opens
The buying on the counter came after the Government of India, acting through the Ministry of Power, exercised the oversubscription option in the ongoing offer for sale (OFS)
Renaissance Investment CIO sees value in IT, autos and financials
Pankaj Murarka, CEO & CIO of Renaissance Investment Managers, says the global AI investment boom could benefit Indian IT services as enterprise adoption rises. He believes fear-driven selling in IT stocks is fading and sees value emerging in the sector. Murarka is also positive on autos, EV-linked themes, energy and financials over the medium term, while cautioning that some AI and power infrastructure stocks are difficult to justify on traditional valuations.
Avaada secures $950 million from global, domestic Banks
Avaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project in Bikaner. This marks India's largest fundraise in the segment. Avaada also secured debt financing for two 300 MW solar power projects in Rajasthan and Gujarat.