Page 6 - Industry Report

Jefferies favours defence, power equipment plays; L&T, HAL among top bets

Jefferies' top picks include Siemens Energy (SE), Hitachi Energy (Hitachi), Hindustan Aeronautics (HAL), Bharat Electronics (BEL), KEI Industries, and Larsen & Toubro (L&T)

Telecom stocks in demand: Voda Idea, Bharti Hexa gain up to 4%; here's why

India's telecom sector is in a multi-year recovery, driven by ARPU improvement, structural data demand, and lower incremental capex, analysts at Elara Capital believe.

Motilal Oswal sector of week: Plastic pipes; Astral, Supreme Ind top bets

India's PVC demand is projected to remain significantly ahead of domestic supply, supporting long-term growth opportunities

Near term headwinds for plastic pipe makers after a strong Q4 show

PVC price swings, muted rural demand cloud near-term outlook

ICICI Securities bullish on defence sector; bets on HAL, Solar, ASTM, BEL

The geopolitical backdrop, analysts believe, continues to provide a structural tailwind, as the conflict in the Middle East has reinforced defence budget urgency across GCCs

Nifty IT index tanks 9% in 4 days; Wipro, TCS down up to 6%; here's why

Thus far in the calendar year 2026, the market price of TCS tanked 33 per cent, as compared to 11.5 per cent fall in the Nifty 50.

Demand woes may pull hotel occupancies down amid West Asia crisis

Analysts expect room rates to improve in the upcoming quarters as the impact of the West Asia crisis may normalise

Rate sensitive shares trade mixed post RBI policy; NBFC's rally up to 4%

Bajaj Finance, Shriram Finance, Cholamandalam Investment, REC and Power Finance Corporation were up between 2.5 per cent 4 per cent in intra-day deals on Friday.

Citi bets on electric equipment makers; picks Hitachi, GE Vernova, CG Power

Citi estimates that HVDC-related investments represent an opportunity of around ₹1.6 trillion as India works toward integrating 900 GW of renewable energy capacity by FY36.

Auto stocks to buy: Analysts back Maruti, TVS, M&M, TaMo after May sales

May 2026 auto sales show strong PV and tractor demand but softer 2W and CV trends. Analysts favour Maruti Suzuki, TVS Motor, M&M and Tata Motors

JBM Auto, Olectra rise up to 7%; what's driving investors' interest?

JBM Auto and Olectra Greentech shares surged after Cabinet approved ₹9,585 crore scheme, offering financial incentives to bus and truck fleet owners to transition to cleaner fuels or EVs

Nifty IT snaps 3-day rally, tumbles 6%; TCS, LTM tank up to 9%; here's why

IT stocks witnessed heavy selling pressure on Wednesday tracking overnight losses in technology shares in the US market. Indian ADRs cracked up to 8%.

Real estate stocks to buy in FY27: Analysts favour Lodha, DLF, Sobha

Analysts expect Indian real estate growth to slow in FY27, but see opportunities in Lodha, Sobha, Mahindra Lifespace, DLF and Prestige Estates amid healthy demand for project launches

Nifty IT extends winning streak to 3rd day, up 3%; TCS, Infosys lead gains

In the past three sessions, the Nifty IT index has climbed as much as 6 per cent, while the Nifty index has declined 2.50 per cent.

Motilal Oswal sector of the week: AMC; here's why ICICI AMC is top pick

ICICI Prudential AMC remains well-positioned to benefit from rising retail participation, strong SIP traction and expanding market share across equity, hybrid and passive segments.

Nifty FMCG index sheds 2%; Dabur slips 4%; ITC, Britannia hit 52-week lows

In the past one month, the FMCG index has underperformed the market, by falling 5 per cent, as against 2.3 per cent decline in Nifty 50.

Nifty Bank down 1%; Why SBI, ICICI Bank, Axis Bank, PNB shares fell today

Bank stocks fell on Monday, June 1, on rising oil prices and bond yields. Analysts, however, remain positive on the sector outlook on healthy credit growth outlook

Textile stocks rally on import duty relief; Arvind up 6%, hits 52-week high

The move is expected to offer much-needed relief to the textile industry, with investors betting that the duty suspension will ease input cost pressures for manufacturers

SaaSpocalypse unlikely as guidance, EPS robust despite AI fears: CLSA

CLSA found that most SaaS companies have either maintained or increased their revenue and margin guidance for the upcoming fiscal year and beaten consensus EPS

Demand brightens the outlook for paint majors on strong Q4 performance

Strong demand, premium product mix and easing competition boosted paint makers' March-quarter performance, though the impact of price hikes on future volumes remains a key monitorable