Nelco shares saw a sharp spike in its trading volume after the results announcement. The stock, which traded below its 20-day average through most parts of the trading session, ended with 2.2 crore shares traded, marginally higher than the 20-day…
Ahluwalia Contracts has secured a ₹2,089 crore construction order from DLF for a luxury residential project in Gurugram.
The NSE Nifty 50 index fell 68 points to close at 25,082, while the S&P BSE Sensex dropped 247 points to end at 82,253. The market breadth was neutral, with the advance-decline ratio at 1:1.
Lenders with high unsecured loan exposure particularly some small finance banks might see their bottom line impacted in first quarter of FY26.
Additionally, the board has recommended divesting IFCI’s stake in MPCON Ltd. to the government.
Sashidhar Jagdishan, Managing Director and CEO of HDFC Bank, told shareholders that the bank now holds an 11% market share of total banking deposits in India.
Jefferies sees up to a 15% upside on hospital stocks Apollo Hospitals, Fortis Healthcare, Max Healthcare and Medanta. However, for Dr Agarwal’s Healthcare shares it sees a 11% downside.
Prashant Biyani, Vice President–Institutional Equity Research at Elara Securities, said demand is now visible across segments — not just in luxury hotels.
Apart from financials, the UTI AMC CIO, who oversees over $165 billion in assets, sees potential in healthcare. He remains cautious on FMCG stocks, where valuations still appear stretched despite recent underperformance.
China’s export controls cover seven of the 17 rare earths in their basic commodity form but also stretch to magnets containing even tiny amounts of the controlled materials. China makes about 90% of the world’s rare-earth permanent magnets, with firms…