Industry Report

Real estate demand moderating, says Anand Rathi; DLF, Oberoi better placed

Anand Rathi attributed the slowdown in the real estate sector to weaker hiring and salary growth, particularly in the IT sector, along with subdued capital market performance over the past two years.

IT weighting in Nifty drops to record low amid prolonged sector selloff

Indian IT firms hit their lowest Nifty 50 weight in over two decades as AI disruption fears and a sector-wide selloff erode market influence

Bharti Airtel added highest value among pvt firms in 5 years: Hurun report

The telecom major added ₹7.64 trn in value over 5 years, while TCS, Infosys and Wipro together lost ₹8.5 trn, according to the Burgundy Private Hurun India 500 report

Nifty Bank surges 2% as ICICI Bank, HDFC Bank lead; key triggers here

Ban stocks are in the spotlight today as the RBI allowed domestic lenders to extend loans to non-residents against foreign currency ​deposits, including via their offshore branches.

KPR, Indo Count, Gokaldas rally up to 9%; what's driving textile stocks?

Brokerage firm Motilal Oswal Financial Services initiated coverage on 8 companies across apparel and home textiles, with Gokaldas Exports, Arvind, and Indo Count Industries as high-conviction picks.

SIP-led capital markets story intact; JP Morgan prefers Angel One, CAMS

Among sector preferences, the brokerage favours Angel One, Computer Age Management Services (CAMS), ICICI AMC, Nippon India Asset Management, and HDFC Asset Management Company

OMCs' fuel marketing margins back above pre-conflict levels: Report

Profitability at state-run oil marketing companies (OMCs) is set to improve as falling crude oil prices lift fuel marketing margins, although rising debt levels and uncertainty over fuel taxes could limit the sector's longer-term earnings outlook, according to a JP Morgan report. Composite margins on petrol and diesel sales at state-run refiners and fuel retailers are now above levels seen before the recent Middle East conflict, with gains driven by lower crude prices and reduced central excise duties, it said. The start of the West Asia conflict triggered a surge in global oil prices but retail pump rates in India remained steady for large parts and rising only by a fraction of the required increase. Even after the Rs 7.50 per litre increase in petrol and diesel prices in May, retail pump rates were lower than the cost. "Our estimates for OMC composite margins on petrol and diesel are now higher than pre-war levels. Losses on LPG are still elevated, but should also start to track o

Hotel stocks: Lemon Tree, ITC Hotels, Chalet soar up to 5%; here's why

The hospitality sector is expected to remain stable in FY27, supported by domestic leisure travel and MICE sector demand, with room rates likely to remain firm, said Indian Hotels Company.

Upstream oil PSUs may see greater focus on exploration in evaluations

The oil ministry is considering increasing the weightage of exploration activities in the performance assessment of upstream oil PSUs to boost domestic hydrocarbon discoveries

Patent expiry: A $5 bn opportunity for Indian pharma majors, says report

Lupin, Intas Pharmaceuticals, Sun Pharma, MSN Laboratories, Natco Pharma, Zydus Life Sciences and Dr Reddy's Laboratories are some of the companies, the note said, that could potentially benefit.

Gold NBFCs growth to slow, says Investec; keeps Hold on Muthoot, Manappuram

Investec noted that gold NBFCs are dependent on the gold price, with negligible volume growth. It expects a 12 per cent gold price appreciation in line with long-term history.

Defence firms seen posting healthy FY27 growth on strong orders

Record defence production and exports, coupled with strong order books and improving execution, are expected to support healthy growth for defence companies in FY27

Motilal Oswal bullish on defence sector; BEL top pick for 20% upside

Motilal Oswal has reiterated a 'Buy' rating on BEL stock with an unchanged target price of ₹510, based on the 45x two-year forward earnings.

Hindalco, Coal India: UBS turns selectively bullish on Indian metal sector

Aluminium remains is UBS' preferred sub-sector, that offers a mix of earnings growth (cyclical tailwinds), valuation support, and potential to deleverage.

India's pharma market gets a lift from rising volumes, not just prices

Chronic therapies and GLP-1 adoption help broaden growth drivers as the market expands over 10 per cent in April and May

Voltas, Crompton, Blue Star rally up to 5% on late monsoon; check top picks

Shares of air-conditioner makers jumped up to 5 per cent on Wednesday as a delayed monsoon and persistent heatwave boosted demand expectations.

JM Fin on insurance: Retail health to drive growth; Star Health top pick

The brokerage said that it prefers Star Health in the space as it has recommended a 'Buy' rating on the stock for a target price of ₹650.

Motilal Oswal sector of the week: Banks; top picks are SBI, ICICI Bank

The medium-term outlook for the banking sector remains constructive, supported by healthy credit growth, stable asset quality and improving liquidity conditions, says Motilal Oswal.

Ashok Leyland, TaMo, Maruti soar up to 9%; what's driving auto stocks?

Falling crude price is a clear positive for India's automobile and tyre sectors, where raw material and logistics costs are highly sensitive to crude derivatives, say analysts at ICICI Securities.

IndiGo, SpiceJet rally up to 7% as crude oil decline lifts D-St sentiment

ATF typically accounts for about 40 per cent of airline operating expenses and can rise to as much as 60 per cent during periods of sharp volatility.