Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles of Association.
Ola Electric shares fell sharply on Friday, snapping a four-day winning streak as investors assessed the EV maker’s proposed rights issue and ongoing funding needs. Despite a recent recovery, the stock remains well below its peak. Brokerages including Citi and Kotak continue to maintain bearish views, citing operational and cash-burn concerns.
Nifty’s short-term structure has weakened significantly after the break below the previous seven-day lows and the 23,070 swing-low zone, accompanied by rising volumes, said Hitesh Tailor, Technical Research Analyst at Choice Broking Private. He sees the benchmark index finding immediate support at 22,800–23,000, while resistance is seen at 23,250–23,300.
Welspun Corp shares rose after its US subsidiary secured a record $412.5 million HFIW pipe order, lifting its global order book to $4.7 billion and strengthening its US manufacturing footprint.
Newly-listed ESDS Software Solution hit the 5% lower circuit at Rs 1,758 after Q1 FY27 net profit fell 57% sequentially to Rs 29.3 crore. Despite stellar post-IPO gains, analysts advise fresh investors to avoid chasing elevated valuations and suggest allotted investors book partial profits.
Meta shares have rebounded as investor optimism grows around Muse, its AI agent aimed at creating revenue beyond advertising. The company faces scrutiny over heavy AI spending, privacy concerns and competition, but Muse’s early downloads, retail partnerships and integration with smart glasses could help Meta monetize its vast user base.
PB Fintech shares plunged a record 36% to a 52-week low, wiping out around Rs 31,430 crore in market value after IRDAI proposed changes to insurance commission structures. While Jefferies flagged a potentially material near-term earnings impact, it retained its ‘Buy’ call on the stock.
After a three-year rally featuring 106 multibaggers, over half of the Nifty 500 stocks are down in 2026 amid $30 billion in FII outflows and geopolitical risks. As broader market valuations stretch, analysts advise caution, with leading fund managers highlighting better risk-reward comfort in largecap equities.
Leading US bond fund managers overseeing nearly $700 billion are adopting a cautious stance as Treasury yields near 5% and corporate debt valuations remain stretched. Investors are prioritizing high-quality, short-duration assets and selective security picking over aggressive rate bets amid risks from rising AI-related debt issuance and persistent inflation.
The bond market has witnessed unprecedented yield levels, peaking at heights not seen in two decades, leading to increased borrowing costs for individuals and businesses alike. Rising inflation plays a pivotal role as U.S. Treasury yields climb, pushing mortgage rates upward for eager homebuyers. This trend affects interest rates, investment flows, and could lead to larger interest payments for taxpayers as government borrowing escalates.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.