Latest Stock Market News

Bernstein India’s Managing Director Venugopal Garre says India’s markets are entering a “healthy growth” phase in 2025, supported by strong macros, policy liquidity, and earnings recovery. He calls India’s IPO boom a sign of market maturity, not mania, and sees AI infrastructure, financials, and consumption as key investment themes in the coming quarters.

Nomura maintains its Nifty50 target at 26,140 for March 2026, adding Prestige Estates, Swiggy, and Titan to its preferred stocks list. The brokerage favours sectors like Financials, Autos, Cement, and Pharmaceuticals while remaining cautious on Capital Goods, IT Services, and Metals amid modest recovery expectations.

Angel One will revise its brokerage structure from November 17, increasing minimum charges on delivery and intraday trades as retail activity slows after regulatory curbs on derivatives trading hit brokers’ core revenues and profitability.

Zee Entertainment Q2 Results: Zee Entertainment Enterprises saw its second-quarter net profit drop by 63 percent. Revenue also declined due to slower ad spending and a weak linear TV market. Advertising revenue fell 12 percent. Subscription revenue saw modest growth. Expenses increased, impacting margins. The company noted a soft domestic ad environment but anticipates a near-term pick-up from the festive season.

TAC InfoSec, backed by Vijay Kedia, hit a 5% upper circuit on robust H1 FY26 results, reporting a 138% YoY PAT surge. Strong revenue growth, improved margins, AI-led initiatives, and marquee clients like Salesforce and Autodesk fueled investor interest in the cybersecurity firm.

Ola Electric shares hit a 5% upper circuit after the company announced its entry into the energy storage market with “Ola Shakti,” a residential battery energy storage system. The innovation, built on indigenous 4680 Bharat Cells, marks Ola’s expansion beyond EVs into clean energy, targeting homes and small businesses.

Wipro Q2 Results: The company s revenue from operations in the quarter stood at Rs 22,697 crore, up 1.8% from Rs 22,302 crore in the corresponding quarter of the previous financial year.

LG Electronics India’s smaller IPO proved more lucrative for its bankers than Tata’s larger deal, with higher fees per bank. While both companies debuted successfully on the Mumbai exchange, LG’s offering saw massive oversubscription, highlighting the strong market appetite and premium pricing for the issue.

As earnings season progresses, Nischal Maheshwari highlights positive trends in life insurance and asset management, favoring SBI Life and HDFC AMC. He advises caution on Axis Bank and Vodafone Idea, sees green shoots in IT despite AI concerns, and backs government-supported manufacturing and defense sectors. Consumption faces headwinds, but e-commerce shows promise, while real estate benefits from liquidity.