Industry Report

Gold monetisation: Manappuram, MCX among Jefferies top stock picks

While gold has traditionally been a dormant store of value for Indian households, the current price upcycle is increasingly turning the asset into a source of liquidity through gold-backed loans.

NBFCs enter new phase of cyclical recovery; MOFSL sees room for re-rating

MOFSL highlighted that the current earnings recovery is fundamentally different from periods when earnings upgrades were driven primarily by lower-than-expected credit costs.

Major steelmakers turn to value-added steel as end-users go premium

JSW Steel, Tata Steel, AM/NS India and Jindal Steel are expanding downstream capabilities as demand rises for higher-performance, premium steel products

Ashika bullish on defence pack on global rearmament wave; favours BEL, HAL

The Nifty India Defence index is up 27 per cent on a year-to-date (Y-T-D) basis. It remains higher by 30 per cent in a year.

Delhi Master Plan 2047 puts brokerages' spotlight on Max, Fortis, Medanta

For hospital operators, a Jefferies note said the MPD introduces several measures that could improve asset productivity and enable higher capacity creation in land-constrained areas.

Nomura remains bullish on OMCs despite high crude prices; prefers IOC, BPCL

Nomura maintains its bearish medium-to-long-term outlook on crude oil, citing the potential for the largest-ever global oil surplus in 2027E based on IEA forecasts.

Indian IT firms have reduced dependency on H-1B visa, says Nasscom

Industry body says Indian IT firms have stepped up local hiring and invested over $1.1 billion in strengthening the US STEM pipeline amid proposed higher visa fees

ICICI Bank, SBI: Foreign brokerages pick winners in the Indian banking pack

Among large private banks, Goldman Sachs sees the strongest upside in ICICI Bank; Bernstein, meanwhile, rates ICICI Bank, Axis Bank, HDFC Bank and IndusInd Bank as 'Outperform.

Tyre makers step up capacity expansion despite pressure on margins

Near-full capacity utilisation and resilient replacement and original-equipment demand are driving expansion, even as natural rubber and other input costs squeeze margins

Sugar stocks Bajaj Hind, Dwarikesh, Dhampur soar up to 12%; hit 52-wk highs

The sector's near-term performance will continue to be influenced by sugar pricing trends, cane availability-cum-recovery levels, ethanol pricing mechanisms and policy direction, said Balrampur Chini.

Sharp Q1 gains may not last for chemicals sector as input costs rise

Brokerages believe select firms will continue to benefit but upside for others may reverse in Sept quarter

Sugar stocks fall over 7% as govt's duty-free import move sparks price woes

Dwarikesh Sugar Industries was the top laggard, falling 7.2 per cent, followed by Dalmia Bharat, which fell 6.4 per cent intra-day and Balrampur Chini Mills, which fell over 5 per cent on Friday.

As AI changes pricing, IT firms see uptick in outcome-based deals

AI is pushing Indian IT companies towards outcome-based pricing, with newer deals increasingly linking payments to measurable business results

Sugar stocks: Avadh Sugar, Bajaj Hind gain over 6% on duty-free import plan

Avadh Sugar & Energy and Bajaj Hindustan gained over 6 per cent. Meanwhile, Dwarikesh Sugar Industries, Shree Renuka Sugars, Dhampur Sugar Mills gained up to 5 per cent on NSE in intra-day deals.

After a gap of almost 10 years, India may have to resort to sugar imports

India may import 1 mt of raw sugar at nil duty after a decade as low stocks and higher consumption push domestic prices to a record high ahead of the festival season

Bajaj Hind, Dwarikesh, Renuka rally up to 14%; what's driving sugar stocks?

Sugar Stocks Today: Thus far in August 2026, the market price of Avadh Sugar zoomed 51%, while Uttam Sugar, Dalmia Bharat, Dwarikesh, Dhampur, Triveni and Bajaj Hind soared in the range of 26-38%.

35 years of liberalisation: How aviation reforms gave wings to pvt sector

The reforms of 1991 triggered the first wave of private airlines, yet most entered a sector that demanded far deeper financial resources than anticipated

Hospital room-rate cap may hurt healthcare expansion, warns industry

Healthcare stakeholders say linking private hospital room rates to three-star hotel tariffs could hurt investment, capacity expansion and the financial sustainability of quality care

RIL, Airtel or Vi: Tariff hike ahead for telcos; which is a better play?

Pravesh Gour of Swastika Investmart believes the industry's growth model is shifting from cheap data and aggressive subscriber addition towards premiumisation, higher ARPU & better cash generation.

Nifty IT index slips nearly 2% for second straight day; here's why

In the past one week, Nifty IT index has corrected 4.8 per cent, compared to 1.2 per cent decline in the Nifty 50.