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Shaleen Agrawal

Associate Editor, Moneycontrol

Renewable energy stocks cool off after Thursday rally; Solex, Borosil, Inox Wind fall as broader market weakens

BUSINESS

Renewable energy stocks cool off after Thursday rally; Solex, Borosil, Inox Wind fall as broader market weakens

Among renewable energy stocks, several counters slipped after Thursday’s surge. Solex Energy was among the biggest losers. However, some renewable energy counters remained in positive territory despite the broader market weakness.

Auto stocks extend losses, Nifty Auto falls over 2%; JPMorgan prefers Maruti, M&M, Hyundai despite sector risks

BUSINESS

Auto stocks extend losses, Nifty Auto falls over 2%; JPMorgan prefers Maruti, M&M, Hyundai despite sector risks

Selling was broad-based across major automobile and auto-component stocks in early trade. JPMorgan said geopolitical tensions and rising commodity prices are creating dual risks for the Indian auto sector -- cost inflation as well as potential production disruptions.

Sensex, Nifty extend losses for third day as crude near $100, weak global cues weigh; banks, IT drag

BUSINESS

Sensex, Nifty extend losses for third day as crude near $100, weak global cues weigh; banks, IT drag

Benchmark Indian equity indices Sensex and Nifty fell about 0.8 percent in the opening trade on Friday. The weakness comes as global cues remained weak. US stocks fell sharply overnight, Asian markets followed the negative lead, and crude prices remained near critical levels.

Solar, wind stocks surge up to 12% as crude oil price spike and Gulf tensions boost renewable energy bets

BUSINESS

Solar, wind stocks surge up to 12% as crude oil price spike and Gulf tensions boost renewable energy bets

Renewable energy stocks bucked the trend of the broader market fall, as investors rotated into companies linked to solar and wind power. Rising crude oil prices and geopolitical tensions in the Middle East strengthened investor interest in alternative energy plays.

Gas stocks jump as supply fears ease after govt steps; Adani Total Gas surges 9%, MGL, Petronet LNG gain

BUSINESS

Gas stocks jump as supply fears ease after govt steps; Adani Total Gas surges 9%, MGL, Petronet LNG gain

Energy-linked stocks bucked the trend of broader market fall, with the Nifty Energy index rising about 1.9 percent and the Nifty Oil & Gas index gaining around 0.9 percent. The rally in gas stocks followed the government’s move to stabilise domestic fuel supplies amid geopolitical disruptions.

Nifty Auto crashes over 3% as crude tops $100 again, LNG fears add pressure; M&M, Maruti among top Nifty losers

BUSINESS

Nifty Auto crashes over 3% as crude tops $100 again, LNG fears add pressure; M&M, Maruti among top Nifty losers

The Nifty Auto index ended 3.2 percent lower, the steepest fall among sectoral indices, as rising energy costs and supply-chain concerns weighed on stocks. High crude oil prices can add to fuel cost pressures for customers, while shortage of gas could disrupt component production.

Jio Financial Services stock rated ‘buy’, Motilal Oswal sees 48% profit CAGR; check target price, upside

BUSINESS

Jio Financial Services stock rated ‘buy’, Motilal Oswal sees 48% profit CAGR; check target price, upside

Motilal Oswal expects Jio Financial Services' consolidated net profit to grow at a compound annual rate of about 48 percent between FY26 and FY28, driven by the scaling up of lending, payments, asset management, and insurance businesses. The company offers a structural growth opportunity as India’s financial services ecosystem expands.

Sensex plunges 950 points, Nifty below 23,600 as crude oil soars past $100 again, FII selling rattle markets

BUSINESS

Sensex plunges 950 points, Nifty below 23,600 as crude oil soars past $100 again, FII selling rattle markets

The sharp fall in Indian share market benchmarks Sensex and Nifty today came amid soaring crude oil prices, continued geopolitical uncertainties and relentless FII selling.

Adani Total Gas jumps 17%, gas stocks rally as government prioritises LPG supply, boosts domestic output

BUSINESS

Adani Total Gas jumps 17%, gas stocks rally as government prioritises LPG supply, boosts domestic output

The gains in city gas distribution and gas infrastructure stocks came after the government moved to safeguard domestic gas availability by invoking emergency powers and prioritising supplies to key sectors such as PNG for households, CNG for transport, and LPG production.

Bank Nifty falls over 2%, Axis Bank stock among top Nifty losers; all 14 constituents end in red

BUSINESS

Bank Nifty falls over 2%, Axis Bank stock among top Nifty losers; all 14 constituents end in red

While Bank Nifty fell more than 2 percent today, the weakness in financial stocks dragged benchmark indices Sensex and Nifty lower. Analysts said the banking index is witnessing some consolidation after Tuesday’s rebound.

Shakti Pumps jumps 18%, Jain Irrigation up 9% as Jal Jeevan Mission 2.0 lifts irrigation, water infra stocks

BUSINESS

Shakti Pumps jumps 18%, Jain Irrigation up 9% as Jal Jeevan Mission 2.0 lifts irrigation, water infra stocks

The rally in irrigation and water infrastructure stocks came after the Union Cabinet cleared the next phase of the Jal Jeevan Mission, extending the rural drinking water programme until 2028 and increasing funding to meet its coverage targets.

IndiGo stock jumps 3% as brokerages retain ‘buy’ calls after CEO exit; HSBC, Jefferies see stable strategy

BUSINESS

IndiGo stock jumps 3% as brokerages retain ‘buy’ calls after CEO exit; HSBC, Jefferies see stable strategy

Brokerages including HSBC and Jefferies maintained ‘buy’ ratings on IndiGo (InterGlobe Aviation) stock following the leadership change, indicating that they do not expect any strategic shift at the airline.

Bank Nifty rises nearly 1.5% as banking stocks extend rebound; ICICI Bank, HDFC Bank, Federal Bank lead gains

BUSINESS

Bank Nifty rises nearly 1.5% as banking stocks extend rebound; ICICI Bank, HDFC Bank, Federal Bank lead gains

Among individual banking stocks, Federal Bank led the gains, rising about 2.4 percent. ICICI Bank shares advanced more than 2 percent. PSU bank stocks also participated in the rally. The recovery comes a day after the banking index witnessed heavy selling pressure.

Nifty top gainers: IndiGo, Asian Paints among leading stocks as crude price plunge lifts global sentiment

BUSINESS

Nifty top gainers: IndiGo, Asian Paints among leading stocks as crude price plunge lifts global sentiment

Among the top gainers on the Nifty, IndiGo stock rose about 3.3 percent, while Asian Paints gained over 2 percent as crude oil prices retreated sharply after Monday’s surge. Sectorally, most indices remained in positive territory, with Nifty Auto and Nifty Pharma rising about 1.2 percent each.

Sensex rises 445 points, Nifty above 24,150 as crude oil prices plunge; IndiGo, Shriram Finance stocks lead gains

BUSINESS

Sensex rises 445 points, Nifty above 24,150 as crude oil prices plunge; IndiGo, Shriram Finance stocks lead gains

The gains in Indian equity benchmark indices Sensex and Nifty came today as the crude oil prices retreated from multi-year highs on hopes that the Middle East conflict may ease.

Wall Street futures trim losses but remain sharply lower as oil stays above $100 amid US-Iran war; S&P 500 down 1%

BUSINESS

Wall Street futures trim losses but remain sharply lower as oil stays above $100 amid US-Iran war; S&P 500 down 1%

Earlier in the session, US index futures had fallen more sharply before recovering slightly after reports that Group of Seven (G7) finance ministers may discuss a coordinated release of emergency oil reserves, which helped ease some pressure in energy markets.

Nifty top losers today: IndiGo, SBI, Tata Motors stocks among biggest drags as oil shock rattles markets

BUSINESS

Nifty top losers today: IndiGo, SBI, Tata Motors stocks among biggest drags as oil shock rattles markets

Among the Nifty top losers today, IndiGo stock plunged about 5.4 percent, making it the biggest decliner on the index. State Bank of India fell around 5.1 percent. Auto stocks also featured prominently among the losers.

Bank Nifty plunges over 4% today; SBI, Axis Bank among top Nifty losers amid crude-driven market sell-off

BUSINESS

Bank Nifty plunges over 4% today; SBI, Axis Bank among top Nifty losers amid crude-driven market sell-off

Among the biggest losers in the banking pack, State Bank of India stock fell more than 6 percent, while Union Bank of India and Canara Bank declined about 6 percent each. Private sector lenders also saw sharp declines. Axis Bank stock fell nearly 3.9 percent.

IndiGo, SpiceJet, Asian Paints slide up to 8% as oil shock above $115 hits crude-sensitive stocks

BUSINESS

IndiGo, SpiceJet, Asian Paints slide up to 8% as oil shock above $115 hits crude-sensitive stocks

A sharp surge in crude oil prices above $115 per barrel has raised fears of higher input costs and renewed inflationary pressures. Among the biggest losers, IndiGo shares plunged over 7 percent. Paint companies, which rely heavily on crude derivatives for inputs, also came under pressure.

Sensex crashes over 2,400 points, Nifty falls 3% to near 23,700 as oil shock above $115 rattles global markets

BUSINESS

Sensex crashes over 2,400 points, Nifty falls 3% to near 23,700 as oil shock above $115 rattles global markets

The sell-off in Indian share markets today followed a sharp surge in global crude prices, with Brent crude spiking above $115 per barrel. Most sectoral indices opened deep in the red, reflecting broad-based selling across the market.

Nifty Realty falls nearly 2%, Godrej Properties, Prestige down up to 4% as crude-driven inflation worries weigh

BUSINESS

Nifty Realty falls nearly 2%, Godrej Properties, Prestige down up to 4% as crude-driven inflation worries weigh

The weakness in real estate shares comes amid broader concerns about elevated crude oil prices and their potential inflationary impact, which could delay interest-rate cuts by central banks.

Bank Nifty falls over 2% as crude-driven inflation worries weigh; ICICI Bank, HDFC Bank among top Nifty losers

BUSINESS

Bank Nifty falls over 2% as crude-driven inflation worries weigh; ICICI Bank, HDFC Bank among top Nifty losers

The weakness in banking stocks reflects macro concerns arising from surging crude oil prices amid the escalation of the Middle East conflict. Elevated crude oil prices have reignited inflationary concerns, stoking fears of tighter monetary policies and delay in interest-rate cuts by central banks.

Nifty IT rebounds, leads sectoral gains on value buying after sharp sell-off; TCS, Infy among top Nifty gainers

BUSINESS

Nifty IT rebounds, leads sectoral gains on value buying after sharp sell-off; TCS, Infy among top Nifty gainers

Several frontline IT stocks featured among the top gainers on the Nifty today. HCLTech and Tech Mahindra shares rose about 1.9 percent each. TCS stock gained 1.5 percent, Wipro added 1.3 percent, and Infosys advanced around 1.2 percent in the morning trade.

Sensex falls 500 points, Nifty drags after Thursday’s rally as global cues weaken; IndiGo, ICICI Bank stocks among top losers

BUSINESS

Sensex falls 500 points, Nifty drags after Thursday’s rally as global cues weaken; IndiGo, ICICI Bank stocks among top losers

Sensex and Nifty fell, giving up partial gains of the previous session. Among the top losers on the Nifty, InterGlobe Aviation (IndiGo), ICICI Bank, Tata Steel, UltraTech Cement and Larsen & Toubro stocks fell 1.5-2.5 percent each.

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