ICICI Direct valued Nifty at 29,500, based on a 21 times price-to-earnings multiple on FY28 earnings. It sees Sensex at 98,500. It expected markets to deliver healthy double-digit returns over the next 12 months.
Domestic brokerage firm Ventura Securities has shared its view on Suzlon Energy. It sees Suzlon as a structurally strong wind energy play, but with limited upside in the near-term.
In the past 20 years, there have been seven instances of calendar year returns being negative for the small cap index including 2008, 2011, 2013, 2018, 2019, 2022 and 2025.
Waaree Energies announced the acquisition of 5.37 million Series B preferred shares of USH for $30 million. This may provide Waaree with an ownership interest in USH’s 100-ktpa polysilicon plant in Oman.
Axis Bank's valuations at 1.5 times estimated FY27 adjusted book value should cushion any downside, said a broking firm.
The BSE metal index too zoomed 579 points to a high of 35,422. Nifty metal index rose 178 pts to 10,699 in early deals today.
GE Vernova share price today: The stock climbed 11.02 per cent to hit a high of Rs 3,250 on BSE. With this, the scrip is up 54.60 per cent year-to-date.
Rising for the fourth straight session, Infosys rose 3.19 per cent to hit a high of Rs 1,692 apiece. In the process, the m-cap of the IT firm briefly breached Rs 7 lakh crore mark.
Granules India shares ended 0.3% higher at ₹583.3 in the last session.
SEBI said it has come across a media article incorrectly reporting about changes in short selling framework, which would become applicable from December 22, 2025.
Traders have been looking at renewable energy counters lately, trading in names like Waaree Energies, Suzlon Energy and Premier Energies.
VBL has acquired a 100 per cent stake in Twizza, which manufactures and distributes its own branded non-alcoholic ready-to-drink (NARTD) beverages in South Africa.
MOFSL said Shriram Finance's valuation has re-rated from around 1.5 times to 2.6 times FY26E price to book value (P/BV). Yet at around 1.9 times FY27E P/BV (post money), valuations stayed attractive, it said.
An analyst from Arihant Capital Markets said that YES Bank is maintaining the lower top lower bottom formation which is a sign of weakness with the stock having taken support at the 150-days SMA.
Infosys ADRs surged as much as 56 per cent to hit a high of $30 on the NYSE during Friday’s trade before paring gains to settle at $20.22, up 5.42 per cent. The stock had risen 5.27 per cent on Thursday.
Stocks including Tata Steel, Indian Hotels, Tata Chemicals, RITES, Fortis Healthcare, REC, IRB Infra, KIMS, Granules and more will be in the spotlight on Monday, December 22.
Mishra said the market’s trajectory during the week was guided by a mix of macroeconomic indicators, movements in the currency market, and evolving global cues.
On Friday, the stock rose nearly 23 per cent to touch an intraday high of Rs 2,662. It eventually closed at Rs 2,586.70 apiece, marking a gain of 19.48 per cent.
On Friday, shares of Fortis Healthcare settled 2.80 per cent higher at Rs 890.65 on the BSE. The counter has gained nearly 25 per cent year-to-date.
Infosys addressed investor concerns following a sharp, temporary surge in its American Depositary Receipts on the New York Stock Exchange, which led to two volatility-related trading halts.
A sudden and unexplained spike in Infosys Ltd’s ADRs on US exchanges has been traced to a possible data-feed error and algorithm-led trading, rather than any earnings, deal, or guidance-related trigger.





