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“NBFCs as a segment are also definitely a beneficiary of a lower rate cut environment, and also a recovery of consumption can be played through NBFCs, because a lot of the NBFCs are consumer-focused as well. So NBFC is definitely what we like as a theme.”

“From within the bank, if you ask me, the pecking order would be the tier two banks, from your stock market perspective, will outperform the top two banks, so number three and number four will probably do better than number one and number two within the banking side.”

“India is a buy-on-dip market. So, any dips in the market, definitely one should be buying it.”

“I have been positive on Vedanta for quite some time, and I have also mentioned that if you are a bit aggressive investor, Vedanta is the stock in the metal space for you. Yes, the aluminium overall is a very hot sector, and that is contributing significantly to Vedanta’s overall performance. But beyond aluminium, even the other segments are doing pretty well. We know the kind of return zinc is giving; the silver, a component of that, is significantly contributing to the zinc’s profit, and through dividends, it comes to Vedanta as well. Other businesses in Vedanta’s stable are also doing very well.

We believe that there is a metal super cycle which has started, and it is going to continue for some time, which will definitely benefit Vedanta significantly. On top of everything else, as you are aware, the demerger that they are working on, there are challenges, ifs and buts, but I strongly believe that is going to happen. It is just a matter of time. They are still talking about completing it within this fiscal, and I somehow believe them that this will be possible with most of the issues getting us resolved.”

Broader Markets Continue To Outperform With Midcap Index Gaining 2% From Lows

Financials Lead The Recovery, Nifty Bank Rises 2% From Day’s Low

Sensex Falls 95 points To 83,216 & Nifty 17 Points To 25,491

Nifty Bank Gains 323 Points To 57,877 & Midcap Index 375 Points To 59,843

Shriram Fin Is Top Nifty Gainer Tracking Reports Related To MUFG Deal

Bajaj Fin Sees A Big Move, Gains Nearly 3% Ahead Of Its Earnings On Monday

M&M Rises 2% As Brokerages Turn Positive On The Stock Post Its Q2 Results

Insurance Shares Surge On A Strong Q2 Results, SBI Life, LIC Up 2-3%

Vodafone Idea Closes 4% Higher Ahead Of Its Results ON Monday

Amber Ent Ends 8% Lower As Co Reports A Weak Set Of Results

ABB India Misses Estimates On Order Inflows, Stock Ends 4% Lower

Divi’s Falls 3% Despite In-line Results, Mankind Down 2% On A Weak Q2

L&T Fin Targets Higher AUM Growth Over Next 12-18 Mths, Stock Up 10%

FM & SEBI Chmn’s Comments w.r.t F&O Mkt Lift cap Mkt Names, BSE Up 9%

PFC Ends 2% Lower As Q2 Results Miss Estimates, Declares One Fraud A/c

Makt Breadth Is Neutral, NSE Advance-Decline Ratio At 1:1

“We have been liking Life Insurance Corporation of India (LIC) for a while, and we have been recommending that stock even on declines. The results were pretty good. The market was expecting degrowth, whereas they came out with the VNB growth as well as the VNB margin growth, and their net AUM also increased, and it’s the largest, mammoth kind of a company out there.

If it’s growing at that pace, it’s quite credible. If you are holding a life insurance company or any insurance company, the time horizon should be 5 to 7 years, and from that perspective, it is a multi-bagger. We are seeing a price target of say 3 years down the line, around ₹2,100. That is our fundamental price target for LIC.”

Alembic Pharma receives US FDA final approval for sumatriptan injection USP.

Net Profit At ₹90.5 Cr Vs Loss Of ₹25.2 Cr (YoY)

Revenue Up 13% At ₹2,206 Cr Vs ₹1,952 Cr (YoY)

EBITDA Up 72% At ₹304.8 Cr Vs ₹176.5 Cr (YoY)

Margin at 13.8% Vs 25.2% (YoY)

Alembic Pharma | Receives US FDA Final Approval For Sumatriptan Injection USP

Garuda Construction & Engg

Receives Order Worth ₹1,416 Cr From Sumer Corporation

Garuda Construction & Engg

Receives Order Worth ₹1,416 Cr From Sumer Corporation

MTAR Technologies, a Hyderabad-based company that produces precision parts and systems for the defence, aerospace, and clean energy industries in India, has increased its forecast for FY26 sales growth from 25% to 30–35%.

Hindalco’s Aluminium business EBITDA stood at ₹4,785 crore, which is higher than the CNBC-TV18 poll estimate of ₹4,680 crore, while EBITDA for the Copper business, at ₹634 crore, was marginally lower than the CNBC-TV18 poll figure of ₹670 crore.

In reaction to Finance Minister Nirmala Sitharaman’s comments on Thursday’s Futures & Options segment and SEBI Chairman Tuhin Kanta Pandey’s remarks on Friday at the CNBC-TV18 Global Leadership Summit, shares of BSE Ltd. increased as much as 9% on Friday, November 7.

Additionally, CDSL and Angel One shares have risen from the day’s lows to trade with gains of up to 4%.

AIA Engineering’s revenue for the quarter was essentially unchanged, rising 0.3% year over year to ₹1,048 crore from ₹1,044 crore in the same time last year.

EBITDA increased 7.7% to ₹297 crore from ₹275.7 crore the previous year, indicating an improvement in operating performance.

With steady demand across its switching, lighting, seating, and alloy wheel divisions, revenue increased 13% to ₹4,814 crore from ₹4,245 crore a year earlier.

While operating margins held consistent at 11.5% compared to 11.4% in the same quarter last year, demonstrating ongoing operational efficiency, earnings before interest, tax, depreciation, and amortisation (EBITDA) increased 14% year over year to ₹551 crore.

CEOs are being compelled to redefine the principles of business leadership as trade is reshaped by geopolitics and sectors are transformed by artificial intelligence. According to Christophe De Vusser, CEO and Worldwide Managing Partner of Bain & Company, the modern CEO needs to be “an orchestrator of transition,” striking a balance between human trust and resilience and technological ambition.

S Krishnan, Secretary of the Ministry of Electronics and Information Technology (MeitY), emphasised the government’s approach to technology-led growth and artificial intelligence (AI) at the CNBC-TV18 Global Leadership Summit, stressing that India continues to prioritise innovation above regulation.

Aim to reach 20-25% AUM growth guidance

Will reach lower end of guidance in Fy26

Number of eligible borrowers have picked up

We expect to grow between 20 in AUM in FY26

Mid double-digit growth guidance for MSME in H2FY26

Credit cost to be maintained at 1.35%-1.5%

Opex higher as focus shifting towards retail distribution

Groww IPO Update | Total Subscription 9.14x, NIIs 9.05x, Retail: 7.97x, As Of 2:15 pm On Day 3

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