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Cyient has launched Cyient Semiconductors, a wholly-owned subsidiary, marking its entry into the semiconductor space. Leveraging 25 years of experience, the new unit will provide ASIC turnkey solutions for global clients across various sectors. The company aims to support India s self-reliance in the semiconductor sector, aligning with the national agenda.

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

China and Hong Kong stocks plummeted at the opening bell on Wednesday as the U.S.-China trade war intensified. The U.S. imposed 104% tariffs on Chinese goods, effective later that day, triggering market declines. In response, Chinese state holding companies increased share investments, and numerous listed firms announced share buybacks to stabilize the market.

These companies span various sectors and have maintained impressive payout ratios—making them compelling picks for dividend-focused investors.

Ashi Anand of IME Capital suggests IT spending clarity may take one to two quarters, with no significant discretionary spending changes expected due to economic uncertainties. While quick commerce holds long-term potential, QSR s growth hinges on discretionary spending increases as India s per capita GDP rises.

NALCO tops the mid-cap list with a dividend payout of Rs 10 per share in the past 12 months, delivering a dividend yield of 7%.

Prashant Jain of 3P Investment Managers suggests a diversified portfolio approach due to low valuation dispersion, noting no sector trades below 15-year average multiples, with premiums mainly in capital goods and consumer discretionary. He anticipates India s economy to grow around 6% with corporate profit growth of 10-12%, while cautioning against overpricing narratives like Atmanirbhar Bharat.

Bharat Petroleum Corporation (BPCL) and Sembcorp Green Hydrogen India have formed a 50:50 joint venture to develop renewable energy and green hydrogen projects across India. This collaboration aims to produce and sell renewable energy, green hydrogen, and its derivatives, potentially including green ammonia.

Vodafone Idea has allotted 3,695 crore equity shares to DIPAM, converting spectrum auction dues into equity, resulting in the government holding a 48.99% stake. SEBI granted an exemption for the acquisition, aiming to improve the telecom provider s liquidity. The company s paid-up equity share capital has significantly increased following this allotment.