Motilal Oswal forecasts a 6% year-on-year increase in Q4 earnings for Nifty 50 in FY26, largely driven by sectors such as financials, metals, private banks, and telecom. This growth could potentially be influenced by geopolitical factors like Iran-US tensions.
Anand Joshi
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Bank of America Securities now recommends buying shares in SBI, while maintaining its optimistic view on ICICI Bank and HDFC Bank, despite reducing their target prices.
Analysts are optimistic about Kalyan Jewellers and JSW Energy, suggesting potential gains. However, they advise exercising caution with HAL and Max Healthcare due to uncertain prospects.
Bank of America (BoFA) has upgraded State Bank of India (SBI) to a 'Buy', setting a target price at ₹1,200, recognizing value in large banking institutions. On the other hand, concerns about asset quality have led BoFA to downgrade Union Bank and Bank of India to 'Neutral', potentially causing their share prices to decline by up to 3%.
V-Guard Industries has been upgraded to an 'AA' credit rating by ICRA, indicating strong financial stability. This change applies to their working capital facilities worth INR 820 crores, signaling a positive outlook for the company's future prospects.
Ritco Logistics has secured new contracts valued at INR 206.5 crore, set to commence in March 2026 for transport and logistics services. The majority of the contracts, worth INR 140 crore, are from the Steel & Metals sector, with FMCG and allied sectors contributing approximately INR 12 crore.
Vodafone Idea, Ola Electric, and Adani Power experienced high trading volumes on NSE today. The telecom giant Vodafone Idea saw a 1% increase following the addition of new subscribers. Ola Electric's stock surged by 7%, likely due to strong sales. Adani Power gained 3% after receiving an award from MSEDCL, boosting its shares.
IEX sets a new record for electrical trading volumes in their FY26, yet the company's stock demonstrates volatility during this period.
SBI Fund Management's initial public offering (IPO) is estimated to be worth ₹13 billion according to recent reports, marking a significant move in the financial market.
Swiggy and three other top-tier stocks surged more than 3% beyond their average trading price, suggesting a potentially bullish market direction according to StockEdge data in The Economic Times.
AU Small Finance Bank reported a significant increase in deposits by 22.8% Year-on-Year (YoY) for Q4, reaching ₹1.53 lakh crores. Loan growth also accelerated at 25.1% YoY. However, the CASA ratio declined from 29.2% to 28.4%, indicating a higher proportion of savings deposits and lower current accounts, despite an increase in CASA deposits by 19.6% YoY.
Physicswallah Ltd is scheduled to have a meeting with JM Financial on April 8, 2026, in Noida, for a discussion on their overall business outlook. No confidential or undisclosed information will be exchanged during this session.
Tarun Chaturvedi, a key figure at Twamev Construction, has officially unpledged 1.2 crore shares, as per SEBI regulations. Moreover, he clarified that there are no outstanding encumbrances on his shares or those held by the PACs, as of March 31, 2026.
Antique Financial Services has recommended buying Shriram Finance, predicting a 28% increase to reach ₹1,150 by FY28. This optimism is based on the company's scalable growth and robust asset quality. Despite short-term challenges, the diversified portfolio, stable margins, and improved asset quality following the merger maintain a positive outlook for Shriram Finance.
J&K Bank reported a 13.6% growth in business for FY26, reaching ₹2.9 trillion, with loan expansion at 16.8%. However, the bank's shares decreased by 0.8%, closing at ₹113.36 despite an 8.1% increase in CASA deposits to ₹75,478 crore.
CRISIL has maintained AU Small Finance Bank's robust ratings due to its substantial capital, strong deposit growth, and excellent asset quality. The rating agency also withdrew its assessment on certain Tier II bonds following redemption, while expecting the bank to maintain its profitability in the future.
Wonderla Holidays experienced a notable surge of 7.54%, reaching Rs 519.8, outperforming the Sensex's modest gain of 2.5%. This upward trend aligns with the broader Amusement Parks sector, which also recorded a 6.54% increase, suggesting sector-driven growth.
Sterling Wilson Renewable Energy has been issued a demand of INR 26.4 lakhs for CGST, affecting their input tax credit in FY20. The company is assessing this order and believes that financially, the impact on operations will not be significant.
Excelsoft Technologies views Artificial Intelligence (AI) as an opportunity for expansion rather than a potential risk. The company's focus is on utilizing AI to drive product development, enhance operational efficiency, and position itself strategically within the educational sector and assessments.
Pakka Limited will convene a board meeting on April 4, 2026, to discuss potential fund-raising strategies. The Extraordinary General Meeting (EGM) is likely scheduled to seek shareholder approval for these plans, with trading activity suspended since April 1, 2026.