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Gujarat Gas climbed nearly 8% after Nomura upgraded the stock to Buy with a Rs 390 target, citing Morbi demand recovery, margin upside, and FY28 EBITDA raised 14%.
Aditya Birla Money’s Q4 FY26 profit rose 101% to Rs 18.73 crore as revenue climbed 31%, supported by higher broking and wholesale debt market income.
Nifty Bank climbed as strong Q4 earnings and business updates lifted PSU lenders, while private banks were mixed ahead of the RBI MPC meeting on April 8.
HDFC Bank and ICICI Bank posted higher profits with steady margins and improving asset quality, as brokerages flagged FY27 margin recovery and watched war-linked credit risks.
Sterling and Wilson Renewable Energy was L1 for Coal India’s 875 MW Bikaner solar EPC worth Rs 3,490 crore, taking FY26 order inflows past Rs 10,062 crore.
BHEL shares climbed to a 21-month high as FY26 turnover rose 18% and the order book expanded to ₹240,000 crore, prompting bullish brokerage targets.
Sterling and Wilson Renewable Energy surged nearly 14% after winning L1 for Coal India’s 875 MW Rajasthan solar EPC, taking FY26 order inflows beyond ₹10,062 crore.
Sensex and Nifty swung between gains and losses as West Asia tensions and fresh Strait of Hormuz disruption reports pushed Brent above $95, reviving inflation worries.
A 10-day Israel-Lebanon ceasefire and signals of weekend US-Iran talks have raised hopes of ending the Iran war, despite disputes over uranium, sanctions and Hormuz.
IEX fell as CERC named Grid India as market coupling operator, shifting price discovery away from exchanges, with feedback due May 16, 2026 and procedures in six months.
Indian Energy Exchange shares slipped after CERC issued draft market coupling regulations naming Grid India as operator, raising concerns about centralised price discovery and IEX’s dominance.
Reliance Industries touched a fresh 52-week high after JPMorgan reiterated its overweight view, while multiple brokerages highlighted 2026 catalysts across Jio, retail and new energy.
ICICI Securities reiterated a BUY on ICICI Prudential Life with a ₹705 target, citing H2FY26 retail APE recovery and FY26 VNB margin of 24.7%.
IEX shares fell as CERC proposed market coupling with Grid India as operator, raising concerns over price discovery, market share, and transaction-fee earnings ahead of January 2026.
BHEL will consider Q3 FY26 unaudited results on 19 January 2026, with the stock in focus after strong multi-year returns, Q2 profit growth, and new order wins.
Yes Bank reported Q4FY26 net profit of ₹1,068 crore, up 44.7% YoY, as NII rose 15.9% and deposits grew 12.1% to ₹3,18,969 crore.