Page 39 - Nifty50

IT cos eye CY26 rebound as AI demand outweighs Q3 weakness: Motilal Oswal

After a modest recovery in Q2 on low expectations, Motilal Oswal expects December quarter (Q3) to revert to typical seasonal softness, with furloughs weighing on growth across large IT services firms.

Tembo Global hits 5% upper band as arm gets defence manufacturing licence

The stock was in demand after the company arm Tembo Classic Engineering, received a defence manufacturing licence from the Government of Maharashtra

Antique cuts Mazagon Dock target price, earnings on procedural delays

Antique noted that the Indian defence shipbuilding industry is poised for significant order inflows, supported by the Indian Navy and Indian Coast Guard's fleet expansion plans

Hero MotoCorp shares gain 3% as dispatches rise 40% in December

Hero MotoCorp reported a dispatch growth of 40 per cent in December, with volumes at 456,479 units, compared with 324,906 units in the same month last year

Bansal Wire zooms 10% on posting highest-ever sales volume in Q3; details

At 10:30 AM, Bansal Wire share price was off day's high, but continued to trade 3.29 per cent higher at ₹315.25 per share. By comparison, BSE Sensex was trading 0.40 per cent higher at 85,529.69 level

Tamilnad Mercantile Bank rises 3% on Q3 update; total business up 14% YoY

The private sector bank's total business in Q3 grew 14.28 per cent to ₹1,07,470 crore, as compared to ₹94,042 crore a year ago

Olectra Greentech gains 6% as operations begin at Hyderabad EV facility

Olectra Greentech shares rose after it set December 31, 2025, as the commercial operation date for its greenfield electric vehicle manufacturing facility in Hyderabad

Time Technoplast share surges 5% on securing this approval; details inside

At 9:45 AM, Time Technoplast share price was trading 2.21 per cent higher at ₹192.35 per share. By comparison, BSE Sensex was trading 0.36 per cent higher at 85,497.10 levels.

Indian Bank shares rise 3% on releasing Q3 update; check key details here

The public sector bank's total business in Q3 grew 13.4 per cent to ₹14.3 trillion, as compared to ₹12.61 trillion a year ago

Earnings revival to boost Indian equities in CY26; SBI, Infy top MOFSL bets

Motilal Oswal said the Nifty is trading at a 12-month forward P/E of 21.2x, near its long-period average of 20.8x, suggesting valuations are reasonable.

Indices end first trading session of 2026 on muted note amid ITC selloff

Indian equity benchmarks closed largely flat in the first trading session of 2026, as gains in Larsen & Toubro and M&M offset sharp losses in ITC after a new tobacco tax announcement

Stock Market Close: Sensex ends flat on 1st trading session of CY26, Nifty at 26,147

Sensex Today | Stock Market LIVE Updates, January 1, 2026: Analysts believe that weakening of AI trade, sustained earnings and return of FIIs can drive the BSE Sensex past the 100,000-mark this year

MCX gets target price hike from ICICI Securities on strong volume momentum

ICICI Securities maintained its 'Add' rating on MCX and upped the target to ₹12,500 from ₹10,000 earlier, an upside potential of 12 per cent from Wednesday's close

HDFC Securities bearish on Nykaa, sees limited core BPC operating gains

The brokerage has maintained its 'Sell' rating on FSN E-Commerce Ventures (Nykaa) with a target price of ₹200 per share. Fashion remains a "work in progress", it said

Safeguard duty extension lifts outlook for steel sector in 2026: Antique

Antique said it prefers steel companies with strong market presence, higher raw material integration, low leverage and greater exposure to the domestic market

Steel Strips Wheels shares soar 8% on highest-ever monthly sales

Steel Strips Wheels reported its highest-ever monthly sales in December 2025, driven by strong domestic demand and performance across key segments

SML Mahindra hits 5% upper circuit on releasing December auto sales numbers

In December, the company sold a total of 1,044 units, among which 462 units were of cargo vehicles, and 582 units were of passenger vehicles. The sales increased 67 per cent year-on-year (Y-o-Y)

Piccadily Agro Industries zooms 13% in trade; here's what's boosting rally?

The buying on the counter came after the company's commercial production at its Chhattisgarh unit

Antique cuts Somany Ceramics target, earnings on slower volume growth

Despite the downward revisions, Antique said Somany Ceramics' stock is trading at a sharp discount to other building material peers, including industry leader Kajaria Ceramics

PL Capital initiates coverage on JK Cement, JK Lakshmi, JSW Cement; details

The brokerage has an 'Accumulate' rating on JK Cement for a target of ₹6,173 per share; 'Buy' rating on both JK Lakshmi and JSW Cement with a target of ₹891 and ₹143, respectively