Page 8 - Industry Report

Nifty Bank slips 2.6%; HDFC Bank, ICICI Bank hit 52-week lows; here's why

Nifty Bank index has corrected 16 per cent since the start of the West Asia war on February 28, 2026

₹1.5 trn hit to exchequer as govt cuts petrol, diesel excise: Deven Choksey

Deven Choksey believes the excise cut may bring some respite to OMCs amid high energy prices, while create a ₹1.5 trillion dent to the exchequer per year.

ONGC stock may zoom 65%, OMCs may not hike petrol, diesel prices soon: CLSA

Analysts have revised their forecasts for oil & gas prices for the remaining part of 2026 as developments in West Asia continue to unfold.

Geojit bullish on solar module makers; bets big on Waaree, Premier Energies

At the current market price, Geojit sees a 15 per cent upside for Waaree Energies shares, and 17 per cent for Premier Energies, initiating coverage on both stocks with Buy ratings

West Asia conflict likely to dent Q4 earnings of listed hotel majors

Geopolitical tensions may hit foreign tourist inflows, affecting occupancies and room rates even as domestic demand stays resilient; outlook hinges on conflict duration

Iran war impact: Consumer durables, plywood, pipes stocks slide up to 21%

Higher crude prices are pushing up the cost of petrochemical-based inputs such as plastics, resins, insulation materials, and packaging, while also inflating fuel and logistics expenses

10 pharma firms launch semaglutide in India; Nomura sees ₹12k-cr mkt

Companies including Dr. Reddy's Laboratories, Sun Pharma, Zydus Lifesciences, Natco Pharma, Alkem Laboratories, and Torrent Pharmaceuticals have developed their own formulations

Indian banks' margins to come under pressure as deposit growth lags: Nomura

Nomura has warned that bank margins may decline in FY27 as credit growth continues to outpace deposits. Rising CD ratio, falling LCR, and weak deposit growth remain key risks for the banking sector.

Motilal Oswal sector of the week: Utilities; check top stock pick here

In the medium term, the sector appears well-positioned for structurally higher profitability, driven by improved pricing power, better capacity utilisation, and reduced external supply shocks

Nifty Realty down 5%; Lodha, DLF, Prestige Estates fall up to 6%: Check why

The Nifty Realty index tanked over 34 points or 4.8 per cent to the day's low at 662.85

Nifty Metal index falls up to 5% as West Asia crisis dents market sentiment

The Nifty Metal index, which tracks 15 companies from the metals and mining sector, plunged 4.71 per cent to hit an intraday low of 10,874 on the NSE

Oil turmoil: OMCs raise industrial diesel rate; ATF hike likely from April

According to a Nomura note dated March 22, industrial diesel prices were increased to ₹109.59 per litre from ₹87.57 per litre on March 20, marking a jump of about 25 per cent

Valuations favour private banks over PSBs: Kotak Institutional Equities

Kotak Institutional Equities is bullish on private banks over PSU banks peers citing better valuations and risk-reward.

Dairy companies need ₹4-5/litre hike to protect margins, says ICICI Sec

ICICI Sec has 'Add' on Dodla Dairy & Hatsun Agro Products and 'Hold' on Heritage Foods. It values dairy stocks using the DCF methodology (WACC and target ranging from 10-13 per cent & 3-6 per cent

AI tailwinds not enough: Analysts cautious on Indian IT after Accenture Q2

Accenture sees AI-led deal momentum, but analysts remain cautious on Indian IT stocks amid weak demand, macro risks, and uncertain growth outlook

Maruti, Tata Motors, M&M, Bajaj Auto: CLSA decodes strategy for auto stocks

If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.

Strong domestic demands defy global headwinds: ICICI Sec on hotel sector

ICICI Securities has maintained 'Buy' ratings on major listed players - Indian Hotels, ITC Hotels, Leela Palaces Hotels & Resorts, Lemon Tree Hotels, and Chalet Hotels

Heatwave to boost power demand: Analysts pick top power stocks to invest in

Heatwave alert: Rising temperatures could drive a surge in power demand. Analysts see opportunities in select power stocks like NTPC, Tata Power, JSW Energy, and Adani Power.

Auto stocks fall up to 5% on oil price rise, Fed pause; brokerages cautious

Among Nifty Auto constituents, Samvardhana Motherson International, Bharat Forge, and Ashok Leyland slipped over 4 per cent each

PSBs gain traction in MSME segment; SBI leads the pack: Motilal Oswal

Based on interactions with direct selling agents (DSAs) across western India, Motilal Oswal said MSME credit demand remains healthy in Q4FY26