Page 23 - Markets

Central bank preparing for external stress, a theme to prevail in FY27

It is the behaviour of a central bank preparing for a period of external stress, said Sujan Hajra, chief economist and executive director, Anand Rathi Group

'Tax exemption on G-Secs may succeed where RBI liquidity cannot'

The government has promulgated an ordinance that, with effect from April 1, 2026, foreign institutional investors will be exempted from tax on both the interest and the capital gains

Go Digit shares climb 10% as institutional investors pick up stake

According to NSE, Aditya Birla Sunlife Mutual Fund has purchased 2.1 million shares of Digit General Insurance, while JPMorgan (Taiwan) Eastern Technology Fund also acquired 1.1 million shares.

Juniper Hotels gains 7% on acquisition update; what should investors do?

The northward movement in the company's share price came after it informed the exchanges that it had executed a share purchase agreement (SPA) with Juniper Hospitality Assets Private Limited (JHAPL)

CLSA bullish on Bharti Airtel as Airtel Money IPO nears; sees 27% upside

At $10 billion valuation, the listing could would put Airtel Money among the largest IPOs on a European exchange in recent years. London is the most likely location for the listing of Airtel Money.

PFC stock eyes breakout, can gain up to 11%; Bajaj Broking explains why

Power Finance Corporation's share price is at the cusp of generating a breakout above the falling trendline joining the last 2 months' highs, says Bajaj Broking.

Emkay raises FY27 Brent crude forecast to $90/bbl, cuts GDP outlook to 6.3%

Emkay Global has raised FY27 Brent crude oil price forecast to $90 per barrel citing West Asia tensions and inventory depletion. It has cut India's GDP growth outlook to 6.3 per cent

Dividend stocks: Adani Enterprises, Infosys, 37 others go ex-date next week

Dividend stocks next week: Tata Steel, Adani Total Gas, ACC, Ambuja Cements, Tata Steel, and Tata Motors CV are among the key stocks set to trade ex-dividend between June 8-12, 2026

Tier-2, 3 cities to deepen retail investing ecosystem: Angel One Group CEO

Angel One Group CEO Ambarish Kenghe discusses market volatility, India's long-term growth story, AI-led investing, retail participation, and tapping tier-2/3 cities for the next 100 mn investors

Stock Market Close: Sensex settles flat, Nifty ends at 23,417 ahead of RBI MPC meet outcome

Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.46 per cent and 0.49 per cent higher, respectively

Rajesh Exports shockwave hits LIC stock post Sebi crackdown; analyst weighs

LIC stake in Rajesh Exports: LIC shares traded under pressure today following developments related to Rajesh Exports, in which the insurer holds a 10.8 per cent stake.

Rajesh Exports hits lower circuit; Sebi flags ₹15-trn revenue inflation

Rajesh Exports shares hit a 5-per cent lower circuit after Sebi alleged ₹15.15 trillion revenue inflation and barred the company and promoter from the securities market

India's catch-up with Asia mkts hinges on earnings delivery: Bharti AXA CIO

Earnings are the biggest lever for Indian markets to close the performance gap with the outperforming Asian peers, said Rahul Bhuskute CIO Bharti AXA

MSTC share price zooms 17% as Cabinet clears vehicle scrappage scheme

MSTC Ltd auctions ferrous and non-ferrous scrap, end-of-life vehicles and surplus assets for government departments, defence establishments and public sector undertakings.

Jefferies assigns Buy to Poonawalla Fincorp, says NBFC set for solid growth

Bhaskar Basu, Kamal Mulchandani, and Prakhar Sharma, equity analysts at Jefferies, expect PFL to deliver a 33 per cent AUM CAGR - the fastest among major NBFCs

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

Suzlon advances 2% as JM Financial backs FY31 growth plans, sees 17% upside

The brokerage said Suzlon is recalibrating its strategy from product sales to project sales and, eventually, to becoming a solutions provider

Tenneco Clean Air up 4%; JM Fin sees 19% upside, bets on strong order book

JM Financial has reiterated its 'Buy' rating on Tenneco Clean Air India, saying a strong order book gives earnings visibility. The brokerage maintained its target price of ₹680 per share.

BlueStone gains 6% as JM Financial reiterates 'Buy', sees over 20% upside

At the current market price, JM Financial sees an upside potential of over 20 per cent and has maintained a target price of ₹650 per share