Bull spread strategies on Bank Nifty and Union Bank call options has been recommended citing short covering, positive technical indicators and improving momentum.
Analysts said that defence sector's long-term outlook remains constructive, supported by robust order books that provide multi-year revenue visibility.
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap fell 0.44 per cent, and the Nifty SmallCap rose 0.48 per cent
Technocraft Ventures IPO review: Brokerages have shared mixed views. While SBI Securities has assigned a 'Neutral' rating, Anand Rathi and Swastika have recommended 'Subscribe'.
Ather Energy, Craftsman Automation, Samvardhana Motherson International and TVS Motor Company from the automobiles and auto parts sector also hit new highs in trade on Thursday.
Analysts noted that Leap India is working capital-intensive, which raises concern over healthy cash flow conversion.
At 12:41 PM on Thursday, the Nifty India Defence index was the top gainer among thematic indices up 2.6% at 9,641.
Net profit of Omnitech Engineering rose 43.19 per cent to ₹29.31 crore in the quarter ended March 2026 as against ₹20.47 crore during the previous quarter ended March 2025.
In the past month, Laurus Labs outperformed the market by surging 22 per cent, as compared to 2.1 per cent rise in the Nifty Midcap 50 index.
Post Novelis' earnings, Emkay Research has maintained its 'Add' rating on Hindalco Industries with a target price of ₹1,150.
Analysts believe Titan remains one of India's highest-quality consumer discretionary franchises, supported by category leadership, strong execution and multiple growth levers.
Berger Paints reported 21 per cent year-on-year rise in consolidated net profit for the quarter ended June. The firm's net profit stood at ₹404.3 crore for Q1FY27.
In the past six months, the stock price of Neuland Labs outperformed the market by surging 68 per cent, as compared to 6 per cent decline in the BSE Sensex.
Navin Fluorine stock hit a new life-time high at ₹8,240 in Thursday's trade after the company reported 107 per cent surge in Q1 consolidated net profit.
Juniper Green Energy share price: The listing of Juniper Green Energy shares was in line with grey market activity, which signalled a listing gain of 6 to 8 per cent for IPO investors.
PB Fintech reported 92.4 per cent year-on-year rise in consolidated net profit for the quarter ended June.
Unusual price gaps between NSE and BSE have created short-lived arbitrage opportunities for high-frequency traders, with several Nifty 50 stocks trading at divergent prices
Kunal Kamble of Bonanza recommends Mphasis, Rico Auto Industries, and Tenneco Clean Air India as top stock picks, citing bullish breakouts, strong volume support, and positive technical indicators.
Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty signalled a gap-up open for the benchmark Nifty50 index. Markets in the Asia-Pacific region were trading higher
Ola Electric Mobility said that it has signed a Memorandum of Understanding (MoU) with Axis Energy outlining the potential deployment of up to 20 GWh of battery energy storage systems by 2032.