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Alumina prices have declined to around $310–$320 per tonne and are expected to stay in the $320–$330 range next year.

India’s corporate bond market has seen a short-term dip in issuances, falling sharply after a strong fundraising session, though activity is expected to pick up later in the week.

Unmesh Sharma, Head–Institutional Equities at HDFC Securities, said Siemens and Cummins remain key picks in the capital goods space, aligned with the energy transition theme.

The company expects the aluminium market to remain in a deficit, which should support prices, even as alumina moves into a surplus phase with new capacities coming on stream.

Neeraj Seth, Founder and Chief Investment Officer of 3R Investment Management, remains structurally positive on India’s financial sector, including private banks and non-banking financial companies, citing the ongoing financialisation of the economy and steady credit growth as durable tailwinds.

In an exchange filing, Emcure said it is the first Indian company to exclusively distribute and commercialise Poviztra, positioned as a second brand of Novo Nordisk’s semaglutide for weight management. The drug will be available across India in a once-per-week…

The recent decline suggests that some investors may be booking profits following the sharp post listing rally. Meesho’s shares had more than doubled from their IPO price within just over a week of listing.

The projects, to be developed across two districts in Madhya Pradesh and executed within 18 months, will operate under the condition of 25-year Power Purchase Agreement.

Ashok Leyland remains Nomura’s preferred pick in the CV sector. Its EPS estimates for the stock are 19% and 20% ahead of consensus for financial year 2027 and 2028 respectively. 

According to the brokerage, the continuation of the Import Management System could allow global brands such as Acer, Lenovo, HP, and Asus to continue importing products under the required licences and disclosures, limiting opportunities for local players.