News

BPCL Says Cos JV In Brazil To Invest $2.8 Billionn For Oil & Gas Production

Sacchitanand Uttekar, VP- Research (Derivatives & Technicals), Tradebulls

Buy ITC with a stop loss of ₹300 and a target of ₹316Buy PNB Housing Finance with a stop loss of ₹888 and a target of ₹920

The trend has been very strong, they have been relative outperformers. In fact, when the market was in non-trending to a bearish zone, these stocks continued to do well. So even here, both the stocks are trending in their life,high zone and we don’t have any signs of divergence in strength. So, we are expecting that this particular rally will continue especially when we look at the stock like Hindalco, there is visibility that this particular stock will cross ₹1,100 levels in the weeks forward. So even at this juncture, keeping a stop loss at ₹1,000, one should continue to accumulate it for immediate swing towards ₹1,100.

Somil Mehta, Head Retail Research at Mirae Asset Sharekhan

Buy Fortis Healthcare with a stop loss of ₹826 and a target of ₹930Buy Power Grid with a stop loss of ₹295 and a target of ₹350

Pernod Ricard Reports Earnings For Q3

India Outperforms All The Other Regions

India Biz Q3 Organic Net Sales Up 11%, YTD Sales Up 6%

India Biz Reports Growth Vs Decline In US & China

Ashok Leyland Says It May Look At Exporting Smaller CNG LCVs To Nigeria

Hindustan Aeronautics Ltd – up 2%

CITI on HAL:

Buy, TP Rs 5560

HAL & GE Aerospace reached an agreement on technical matters for the co-production of F414 engines in India.

DCM Shriram To Transfer 50% Equity Stake In Shriram Polytech To Teknor Apex For $5.6 million.

Top losers –

Shares of HDFC Asset Management Company Ltd fell from the day’s highs after the company announced its Q4 earnings results.

The stock is currently trading 1.76% down at ₹2,616.90.

HDFC AMC Q4

Net Profit at ₹623.3 crore Vs CNBC-TV18 Poll Of ₹644 crore

Revenue at ₹1,051 crore Vs CNBC-TV18 Poll of ₹1,056 crore

Net Profit down 19% at ₹623.3 crore from ₹769 crore (QoQ)

Revenue down 2.2% at ₹1,051 crore from  ₹1,075 crore (QoQ)

Traffic at GMR Airports up 0.9% at ~32 million in Q4 FY26 (YoY)

Domestic Traffic up 1.6% at 24.1 million (YoY)

International Traffic down  1.3% at 7.7 million (YoY)

Zydus Life Gets Establishment Inspection Report (EIR) For Oncology Injectable Manufacturing Facility In SEZ1, Ahmedabad

The Nifty Bank index has now slipped below the 56,000 mark, and is down over 800 points from the highs of the day.

The sell-off in the Nifty Bank has taken the Nifty below the 24,150 mark as well, down well over 250 points from the highs this morning.

– Geopolitics is driving focus on energy security

– Expect India’s renewable energy capacity to reach 359 GW by FY25-30

– El-nino conditions could add to upside

– JSW Energy and NTPC are top picks within the power space

– Premier & Emmvee with strong balance sheets & healthy order books are preferred PV picks

– Top loser on the Nifty 500

– Biggest single-day fall in a month

– 10 lakh shares traded Vs 20-day average of 3.5 lakh

– Stock below 50-DMA, 100-DMA at ₹1,518

– Stock down 12% from recent 52-week high

– HDFC Bank is contributing 33 points to the Nifty downside

– Reliance Industries is contributing 14 points to the downside

– Bharti Airtel is contributing 13 points to the Nifty downside

– Titan, M&M and Sun Pharma are contributing 5 points to 6 points each

The Nifty 50 index has now slipped below the mark of 24,200.

From its intraday high of 24,400 the index has now slipped nearly 250 points.

The index is now down to levels of 24,150.

The Nifty Bank has cooled off over 600 points from the highs of the day, turning negative.

The Nifty Bank index is the biggest contributor to the Nifty giving up all of its gains on Thursday.

The Nifty Bank has again found resistance at the 56,800 mark.

The Nifty 50 index, having tested levels of 24,400 in early trading, has given up all of those gains and has turned negative intraday on Thursday.

– According to a MoneyControl report, Telangana High Court has ordered a CVC probe into Can Fin Homes’ “recruitment scam”.

– The CVC has been asked to look into a whistleblower complaint of malpractices in recruitments at the housing finance company.

– Whistleblower turned petitioner Manoj K Badal, an assistant general manager (HR) at Can Fin Homes Ltd., has alleged recruitment malpractices

– Stock fell as much as 2% before looking to recover from lower levels

– Nifty 50-DMA at 24,446

– Nifty IT 50-DMA at 31,764

– Nifty Bank 50-DMA at 57,243

– 24,400 Call, 24,300 Call, 24,300 Put are the active options in today’s trade

– Fresh longs seen in PFC, while fresh shorts in Astral and Supreme Industries

– Third straight day of gains

– Had snapped a six-day losing streak on Monday

– Fourth-best performing stock on Nifty 500 today

– 1.8 crore shares traded Vs 20-day average of 9 lakh

– Took support at 50-DMA during six-day fall before rebound

– Stock at 52-week high in today’s session

Working On A Concept Called Development Cum Production Partner Model

Under This Model, Handing Over Entire Missile Production To Private Cos

Private Companies Now Working Very Closely With DRDO In Making All The Systems

– Co Lowest Bidder For STP Contract Of Over ₹600 Crore In Saudi Arabia

– Alert: STP Is Sewage Treatment Plant

– Va Tech Also Lowest Bidder In Kuwait Worth ₹3,400 Crore In A JV With US Co

– Alert: CNBC-TV18 Has Reached Out To VA Tech Wabag, Response Awaited

– Alert: VA Tech’s Order Book At End Of Q3 Was ₹16,300 Crore

– Biggest single-day gain since July 2025

– Third straight day of gains

– Has gained in five out of last six sessions

– Stock has gained over ₹100 since the start of April

– 91 lakh shares traded so far Vs 20-day average of 11 lakh

– Stock at 52-Week High today

– US Dollar revenue seen 1.1% higher sequentially to $2,666 million

– Constant currency revenue growth seen between 0.4% and 0.5%

– Growth entirely attributable to the Harman DTS acquisition, which will continue to contribute

– EBIT margin seen at 17.1% from 17.6% in the previous quarterNewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.