Bernstein India Nifty Outlook 2026. (Image: ET Now) No stock data available Bernstein India Nifty Outlook: A brokerage firm Bernstein has maintained its ‘neutral’ stance on the Indian stock market and has set a Nifty target of 26,000 by year-end, implying an upside of approximately 12 per cent from current value. Following the ceasefire between…
Non-banking finance company Poonawalla Fincorp Ltd is likely to launch a qualified institutional placement (QIP) to raise funds of up to ₹5,000 crore, according to sources close to the development. The proposed issue is expected to include both a base issue and an upsized option. The base size is likely to be around ₹2,500 crore,…
US stock futures rose sharply in pre‑market trade after President Donald Trump signalled a temporary de‑escalation in the US‑Iran conflict, proposing a two‑week ceasefire. The announcement came just ahead of his stated deadline for Iran to reopen the Strait of Hormuz, a critical corridor for global energy supplies. At around 16:40 IST, futures linked to…
The ceasefire between Iran and the United States was announced with a condition of reopening the Strait of Hormuz. While both, Tehran and Washington, have agreed to facilitating the passage of shipments through Hormuz, there have been reports that Iran is charging a toll fees from the vessels. Under the new ceasefire agreement, for next…
From the 30-share Sensex constituents, InterGlobe Aviation jumped the most to end 8.16 per cent higher. Larsen & Toubro, Bajaj Finance, Mahindra & Mahindra, Axis Bank, Maruti, UltraTech Cement, Titan, Bajaj Finserv, HDFC Bank, Adani Ports, ICICI Bank, Eternal, Kotak Mahindra Bank and Asian Paint were also among the prominent gainers. Source link
Larsen and Toubro Ltd. (L&T) and state-run BHEL have emerged as the lowest bidders respectively for two major projects, one valued at ₹10,300 crore and the other valued at ₹22,500 crore, industry sources with knowledge of the matter told CNBC-TV18. Sources said that L&T, India’s largest infrastructure and construction conglomerate has emerged as the lowest…
Energy leads 2026 with 36% gain, materials rise 10.5%, technology falls over 7%, analyst expects energy rally to continue despite Middle East war risks Energy (XLE) is the winning sector in 2026 with a year-to-date return of 36%, materials (XLB) is in second place at 10.5%, while technology (XLK) falls more than 7%. Only two sectors…
Shares of Tata Consultancy Services Ltd. (TCS) are trading in the green on Wednesday, April 8, a day ahead of its results for the January to March quarter. The stock has gained in the last five trading sessions and is up 9% during this period. According to a CNBC-TV18 poll, TCS is likely to report…
The group stocks rallied nearly 10 per cent, with Adani Enterprises surging over 9 per cent, hitting an intraday high of Rs 2,099, Adani Green Energy advanced more than 8 per cent to Rs 1,003, while Adani Ports rose over 7 per cent to trade at Rs 1,473. Other group companies also logged solid gains,…
IT Sector Preview: Nifty IT index fell nearly 20 per cent as Q4 FY26 results approach. TCS leads Tier-1 growth, Infosys and HCL show modest recovery, Wipro underperforms, and Tech Mahindra is stable. (Image: ET Now) IT Sector Preview: The Nifty IT index has slipped nearly 20 per cent over the past three months as…
