Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap rose 0.22 per cent, and the Nifty SmallCap fell 0.05 per cent
According to reports, Honda Motor outsourced the end-to-end development of a new vehicle platform to Tata Technologies. The BSE has sought clarification on the same.
Tata Chemicals shares are buzzing in trade as traders reacted to the RBI's decision to retain Tata Sons on the list of NBFCs in the Upper Layer (NBFC-UL).
Analysts said Blue Star, Crompton Greaves Q1 earnings were impacted by sharp commodity price inflation, a delayed and shorter summer, elevated RAC inventory and subdued pricing.
Tata Investment is an NBFC promoted by Tata Sons. For the June quarter of FY27 (Q1FY27), the company reported a net profit of ₹143.5 crore, down 2 per cent Y-o-Y.
IT stocks in demand: Tata Consultancy Services (TCS), Tech Mahindra, LTM, HCL Technologies and Mphasis gain 3 per cent each in intra-day deals on Friday.
Nomura has retained its 'Buy' rating on Britannia shares after the Q1 results, with a target price of ₹6,500. The target implies an upside of 20.3 per cent from the previous close of ₹5,404.
Analysts expect SAMIL to outperform global automobile sales, fueled by rising premiumization and EV transition, a robust order backlog in autos and non-autos, and successful integration.
Bull spread strategies on Bank Nifty and Union Bank call options has been recommended citing short covering, positive technical indicators and improving momentum.
Analysts said that defence sector's long-term outlook remains constructive, supported by robust order books that provide multi-year revenue visibility.
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap fell 0.44 per cent, and the Nifty SmallCap rose 0.48 per cent
Technocraft Ventures IPO review: Brokerages have shared mixed views. While SBI Securities has assigned a 'Neutral' rating, Anand Rathi and Swastika have recommended 'Subscribe'.
Ather Energy, Craftsman Automation, Samvardhana Motherson International and TVS Motor Company from the automobiles and auto parts sector also hit new highs in trade on Thursday.