Industry Report

Infrastructure capex growth normalising, private investment edging up

Between FY26 and FY30, infrastructure capex is expected to rise to ₹90-100 trillion, up 60 per cent from ₹59 trillion over FY21 and FY25

Tyre stocks to ride demand, margin tailwinds; global risks may bite

But global uncertainties triggered by US tariffs and geopolitical tensions may put the brakes on, say brokerages

RVNL, IRFC, IRCTC: Railway stocks rally up to 12% in trade; here's why

Railway stocks surged after the Indian Railways implemented a revised passenger fare structure which marks the second fare hike in the 2025-26 financial year

GST reset brings balance back to India's commercial vehicle market: Antique

Following Covid-related disruptions, large fleet operators overwhelmingly opted for the 12 per cent FCM route, claiming ITC benefits on truck purchases.

Retailers ramp up women hiring as sector reshapes frontline teams

The gender gap is widest in FMCG feet-on-street sales, where demanding travel, tough targets, low pay and poor facilities keep women below 5 per cent

Festive boost fizzles amid weak QSR demand; Elara backs Jubilant FoodWorks

Based on channel checks, Elara Capital analysts said the QSR universe is seeing soft demand trends in the current quarter, even after recent GST rate cuts.

Motilal Oswal expects revival in luggage sector; retains Buy on VIP, Safari

Motilal Oswal expects improved margin stability across the sector, aided by moderation in discounting and a strategic shift towards profitability

Motilal Oswal sector of the week: Motor Insurance; top bets, target here

Motilal Oswal believes looking ahead, motor insurance's growth outlook remains constructive; brokerage's top pick in this space is ICICI Lombard General Insurance

Motilal Oswal favours Maruti, M&M, TVS Motor as auto sector momentum holds

Entry-level vehicles across 2Ws and PVs are seeing a notable pickup in demand, while discounts are expected to gradually reduce, reflecting normalisation in market dynamics.

India's exports rebound in Nov on supply-chain shifts, US restocking: GTRI

Supply-chain realignments and inventory restocking ahead of the US holiday season helped India's exports rebound in November, think tank GTRI said on Sunday. After recording contraction for two consecutive months, India's merchandise exports to the US rose 22.61 per cent to USD 6.98 billion in November despite steep 50 per cent tariffs on domestic goods, according to commerce ministry data. Imports during the month grew 38.29 per cent to USD 5.25 billion. During the April-November period of this fiscal year, the country's exports to the US increased 11.38 per cent to USD 59.04 billion, while imports rose 13.49 per cent to USD 35.4 billion. The US has imposed a sweeping 50 per cent tariff on Indian goods entering American markets from August 27. The Global Trade Research Initiative (GTRI) said in sectors such as electronics and machinery, "supply-chain realignments and inventory restocking ahead of the US holiday season also supported shipments". It added that the rebound after ..

Energy stocks to gain from SHANTI Bill, says Elara Capital; top bets here

The reforms introduced under SHANTI, passed by Parliament on December 17, Elara believes, address critical investment barriers and align India with global standards

Accenture Q1 results signal steady outlook for Indian IT amid muted demand

Nomura said it prefers Infosys and Cognizant among large-cap IT services firms, Coforge in mid-caps and eClerx in small-caps.

IOC shares slide 4%; BPCL, HCPL down 2%; What's dragging OMC stocks?

JM Financial said Brent crude is likely to remain subdued at around $65 per barrel in the near term, at least until the US mid-term elections in November 2026

Steel cos to face near-term headwinds, warns Elara Capital; flags 4 reasons

Elara expects steel companies to face near-term headwinds, driven by softer steel prices alongside rising raw material costs, which are likely to result in margin compression in Q3FY26

AI to power next leg of IT growth, says Motilal Oswal; check top bets

Its top ideas to play the next AI wave are HCLTech and Tech Mahindra in largecaps and Hexaware and Coforge in the midcap space

Volume drop, buying shift: How high gold rates are impacting jewellery ind

Jewellery demand is anticipated to see an uptick in H2FY26, given the higher number of weddings, up by 7-8 per cent

Motilal Oswal sees strong growth for Cables & Wires; bets on Polycab, KEI

The brokerage has reiterated 'Buy' on Polycab India (target ₹9,110) and KEI Industries (target ₹4,960) and a 'Neutral' rating on Havells India (target ₹1,640) and R R Kabel (target ₹ 1,470)

Emkay sees Indian Ports set for "strong decade"; bets on Adani, JSW Infra

According to Emkay, ports handle 95 per cnet of India's Export-Import (EXIM) trade by volume, making them central to the country's ambition of becoming a $10 trillion economy

Outlook bright for auto financiers, but valuations may cap upside: Analysts

Vehicle financiers gain double digits in FY26 as AUM, NIMs and auto loan demand rise. Analysts turn positive on Shriram Finance, M&M Finance, Cholamandalam Investment, and Bajaj Finance

RIL, MRPL, OMCs set for fresh rally, may surge up to 27%: YES Securities

Analysts at YES Securities have recommended a 'BUY' rating on Chennai Petro, MRPL, BPCL and Reliance Industries on the back of upbeat prospects for these oil refining companies.