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So, I do not think it is going to last unless and until the call is that the entire emerging market move will again reverse and all the emerging markets will again crash, which does not reflect from trends on bond yields as well as what is happening on the US dollar index.

NHPC Ltd s shares rise by 10% in 2 days following CLSA s upgrade to High Conviction Outperform despite a slight reduction in target price to Rs 117. CLSA cites attractive entry point and significant future growth potential due to new projects and regulated equity expansion as reasons for the bullish outlook.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

One of the most anticipated IPOs, Reliance Jio is expected to have an issue size of Rs 8 lakh crore.

Tata Power share price:This transition improves scalability, security, and real-time operational efficiency across critical sectors, including power generation, renewables, grid management, sales, and finance.

Market expert Hemang Jani identifies opportunities in beaten-down stocks like Trent, Dixon Technologies, and Cummins India, which have strong fundamentals despite significant corrections. He advises focusing on companies with solid earnings growth instead of large-cap defensive names for potential bounce-back investments.

ICICI Securities advises a buy on Zen Technologies with a revised target price of Rs 1,970, down from Rs 2,535. Zen Technologies Q3FY25 EBITDA matched guidance but order inflow targets have shifted to H1FY26. Strategic investments and acquisitions were announced. Promoters hold 49.05% stake, while FIIs and DIIs own 8.29% and 8.97% respectively.

JM Financial shares surged 4% to hit an intraday high of Rs 108 following the announcement of a Rs 230 crore tax refund from the Income Tax Department of India. This refund pertains to the assessment year 2008-09 and will positively impact the company s financials.

India s benchmark indices opened lower on Friday amid concerns over potential reciprocal US tariffs and persistent foreign selling. Nifty Auto, FMCG, and Pharma sectors saw declines, while broader markets outperformed with gains in Nifty Smallcap 100 and Nifty Midcap 100. Experts suggest caution but indicate potential in midcaps unaffected by foreign selling.

Mahindra & Mahindra Financial Services Ltd (MMFSL) and Mahindra Lifespace Developers Ltd (MLDL), both subsidiaries of the Mahindra Group, have received approval to raise funds through rights issues.