Trent shares reached an intraday low of Rs 3,988, close to their 52-week low of Rs 3,931.
Morgan Stanley said the Aditya Birla Capital stock has done well in 2025 but there is scope for further re-rating on sustained execution.
European banks are under pressure from investors to reduce costs and improve returns, which continue to lag behind their US counterparts.
Avenue Supermarts' Q3 revenue rose 13% year-on-year but missed estimates.
Strong Q1 results from Accenture have brought Indian IT stocks back into focus after a long phase of underperformance. Accenture reported 6% YoY revenue growth, steady FY26 guidance, and a sharp 76% jump in AI bookings, helping revive global tech sentiment. However, experts remain cautious, noting that discretionary spending remains weak and GenAI adoption is yet to meaningfully lift overall IT budgets, a view echoed by Jefferies. Currency volatility, stretched AI valuations, and global macro risks also cap enthusiasm. Meanwhile, Morgan Stanley sees limited near-term impact from HCL Tech’s latest acquisition. While large-cap IT may stay range-bound, the view is that midcap IT stocks could outperform once demand visibility improves, even as domestic manufacturing remains the preferred overweight theme.
The RIL re-rating is anticipated across every quarter in Calendar 2026. In Q1, confidence in the chemicals business is seen improving, supported by structural changes in global chemical markets.
The Bharti Airtel stock has historically done well ahead of tariff hike events, after which it goes into a consolidation phase.
India delivered its weakest relative performance in more than three decades in 2025, but firms including Morgan Stanley, Citigroup Inc. and Goldman Sachs Group Inc. are now projecting a recovery
SoftBank-backed e-commerce platform Meesho is set to launch its IPO on Wednesday, 3 December, and closes on Friday, 5 December.
In today’s edition of What’s Hot, we break down the biggest brokerage calls and sector shifts shaping the market. BofA’s India Strategy flags front-loaded government capex and prefers rate cyclicals and defensives, while Jefferies turns bullish on Adani Enterprises after CoC approval for the Jaypee plan. HSBC launches coverage on Metals & Mining with a mixed stance, and Morgan Stanley updates outlooks on HDFC Bank, Axis, SBI, ICICI, and Kotak with mostly positive banking cues. Citi and Jefferies diverge sharply on Navin Fluorine, UBS stays upbeat on OMCs and Reliance, and Macquarie upgrades Hero MotoCorp. We also track fresh updates on Cummins, APL Apollo, NSDL, Pine Labs, Info Edge, Swiggy.
All eyes are on Tesla’s high-stakes shareholder meeting tonight — a vote that could redefine corporate history. Elon Musk’s proposed $1 trillion compensation package would make him the world’s first trillionaire, but not everyone is on board. Norway’s $1.9 trillion sovereign-wealth fund has voted against the deal, citing its staggering scale, while heavyweights like Morgan Stanley and Florida’s public pension fund back it. The outcome will decide whether Musk gains an extra 12 % stake — if he can drive Tesla to an $8.5 trillion valuation over the next decade. Will investors bet on Musk’s vision, or pull the brakes on this record-breaking payday?
Iran Crisis Hits Rice Prices: ₹2,000 Crore Of Indian Export Payments At Risk
Union Budget 2026: After Tax Cuts, What Next? Decoding Budget Expectations
Q3 Earnings: Is The Six-Quarter Weakness Finally Ending?
AI Deals, Margins & Growth: Decoding HCLTech And TCS Q3 Results




