Jefferies initiated coverage on Welspun Corp stock with a 'Buy' rating for a target price of ₹3,250 per share citing likely gains from an upcycle in oil & gas spends by the US and Middle East.
Technical analyst advised investors to avoid fresh long positions for now and wait for a clear breakout above 1,400 before considering fresh buying.
Lumino Industries shares listed at ₹109 on the BSE, a premium of 32.93 per cent against the offer price of ₹82. Meanwhile, on the National Stock Exchange, it debuted at ₹110, up 34.15 per cent.
Analysts noted that Aviation Turbine Fuel (ATF) represents a significant share of airlines' operating cost and any rise in crude oil price is a negative for the sector.
At 01:17 PM on Wednesday, the BSE Utilities index was the top gainer among sectoral indices up 1.2 per cent, compared to a 0.65 per cent decline in the BSE Sensex.
On Wednesday, IFCI quoted at its highest level since January 2008 and hit a record high of ₹121.20 on December 17, 2007.
In the past month, Sai Life Science stock surged 19 per cent, against a 2.8 per cent decline in the BSE Sensex.
Coal India, the public sector undertaking (PSU) stock, reported its sharpest intra-day gain in the past three months on Wednesday.
The auto pack delivered a strong performance in August on a yearly basis, with growth momentum sustaining across segments and players; however, some moderation was visible month-on-month, said Emkay.
Annu Projects shares listed at ₹75 on the BSE, a discount of 24.24 per cent against the offer price of ₹99. Meanwhile, on the National Stock Exchange (NSE), it debuted at ₹72, down 27.27 per cent.
Jefferies has retained 'Buy' rating on Reliance Industries Limited (RIL) shares and revised the target price to ₹1,710, implying an upside of 33 per cent from the previous close of ₹1,285.
GrafTech International, a US-based graphite electrode company, announced its decision to permanently close its graphite electrode manufacturing facility in Monterrey, Mexico.
Bajaj Auto share price hit a 52-week high of ₹12,470 in Tuesday's intra-day deals, and appreciated by 31% from its three-month low of ₹9,505, hit on June 30, 2026.
Milk Mist, which listed on the bourses on August 18 after a solid response to its initial public offering (IPO), trades 65 per cent above its offer price of ₹140 based on today's intraday high.
Skyways Air Services' shares debuted at ₹124 apiece on the National Stock Exchange, a 10.14 per cent discount to the initial public offer (IPO) price of ₹138 apiece.
Hy-Tech Engineers shares listed at ₹72 on the BSE, a premium of 35.85 per cent against the offer price of ₹53. Meanwhile, on the National Stock Exchange, it debuted at ₹75, up 41.51 per cent.
ITC Infotech will acquire an aggregate minority stake of 22.1% in Happiest Minds from the Promoter and Promoter entities for a total consideration of ₹1,330 crore (average price of ₹395/share).
In the past month, the BSE FMCG index underperformed the market by falling 3.3 per cent, compared to a 1.5 per cent fall in the BSE Sensex.
Sun TV Network hit a new 52-week low of ₹458.60, down 3.3%; Saregama India and Prime Focus were down 4% and 3%, respectively, in Monday's intra-day trade.
In the past six months, Ather Energy's market price zoomed 136% and it skyrocketed 297% from its 52-week low of ₹422 touched on August 29, 2025.