Banks are expected to perform well in Q4, with HDFC Bank, Bank of Baroda, Bank of Maharashtra, and Indian Bank being top picks by SBI Securities. The IT sector is seen with limited downside potential, while opportunities in AI are emerging, but oil marketers should exercise caution.
Sahil Bose
16 comments
Recent Discussions
EFC (I) Limited has announced plans for a ₹160 crore equity rights issue, with further details such as issue price, entitlement ratio, and record date to be shared at a later stage.
The U.S. has proposed a new tariff on patented drugs, potentially posing risks for companies like Sun Pharma, as the plan exempts generic drugs for now. However, the tariff could impact India's significant generic drug exports to the U.S., valued at $10.5B, due to a potential review in a year.
Tata Motors' Jaguar Land Rover (JLR) saw a 14.5% decrease in wholesale vehicle sales in Q4 FY26 compared to the previous year, with 95,300 units sold. Similarly, retail sales were down 14.3% YoY, totaling 92,700 units during the same period.
PNB's domestic loans have increased by 12% year-on-year, reaching INR 11.96 trillion. Similarly, global loans have grown to INR 12.6 trillion from last year.
Atul Auto announces a 14.1% year-over-year increase in March 2026 three-wheeler sales, with total units sold reaching 4,212. The company's full fiscal year (FY25-26) total sales saw a 13% growth YoY, ending at 38,440 units.
Despite the overall bearish trend in April, the pharmaceutical sector stands out, with stocks like Astral, Aurobindo Pharma, Sun Pharma, Glenmark, NALCO, and Oil India performing well. Conversely, ICICI Prudential Life and BEL exhibit negative trends, suggesting potential challenges ahead. Investors should keep a close eye on the critical support at 21,700 for the Nifty index.
Rain Industries has successfully completed the CSPG project, marking a significant step forward in their electric vehicle (EV) focus as this technology is vital for lithium-ion batteries. The company's demonstration plant in Ontario will soon be launched, with plans to establish a commercial plant by 2029, backed by government support. This move positions Rain Industries well in the growing EV battery market.
MOIL Limited has been issued a notice by GST authorities over discrepancies in their tax records for the fiscal year 2022-23, totaling approximately 1.27 crore INR. The company, however, assures there will be no immediate operational disruption and plans to challenge this decision.
SJVN Limited exceeded expectations in FY25-26, producing a total of 13,302 million units of power. Notably, the Nathpa Jhakri station contributed 7,506.6 million units, while Bikaner Solar achieved a significant milestone by surpassing 1 billion units.
Yes Bank has received INR 210 crores from JC Flower Asset Reconstruction Company (ARC) as part of their Securities Receipts Portfolio, in compliance with SEBI's Regulation 30 disclosures.
The Central Mine's initial public offering (IPO) has opened at a discount, listing around 5-7% below the ₹172 price, suggesting tepid retail interest. Despite a subscriber ratio of 1.05 times, reduced stake by Coal India and subdued market sentiment seem to have influenced the lower opening.
CLSA remains optimistic about Avenue Supermarts, setting a target price of ₹6,185 – indicating a potential 58.5% growth. The strong performance continues with DMart opening 66 new stores in the fiscal year and Q3 net profit climbing by 17% to ₹856 crore.
Laxmi Organic has reached a new low at Rs 109.7, marking a 36% decrease year-to-date. This drop contradicts the overall market trends, leading to worries about the company's resilience.
The top seven companies experienced a combined loss of approximately ₹1.75 trillion, with Reliance and HDFC Bank leading the declines. Conversely, L&T, Bajaj Finance, and Infosys managed to post gains in today's market, which was impacted by geopolitical tensions and saw a decrease of 1.3% in the Sensex.