Markets witnessed a volatile session on Friday, with benchmark indices trading under pressure amid cautious global cues and policy aftermath reactions. While the broader index trend remains weak, mixed performance among heavyweight stocks is limiting the pace of decline. In this backdrop, analysts maintain a cautious stance and prefer a sell-on-rise approach until the Nifty decisively reclaims the 23,700 level.
In today's trade, shares of Adani Enterprises, Adani Energy, Hindustan Zinc, Maruti Suzuki, IDFC First Bank among others will be in focus due to various news developments.
GQG Partners has pared its holdings in two Adani Group companies through block deals worth about Rs 5,750 crore, with SBI Mutual Fund emerging as the buyer of the entire stake on Friday. According to NSE block deal data, GQG Partners Emerging Markets Equity Fund sold shares in Adani Enterprises and Adani Energy Solutions.
Tata Steel may have to defer the timeline of its 1.25-billion-pound UK project for transitioning to a low-carbon steel-making process by six to eight months, as the company is facing delays in "securing access to electricity". Before experiencing delays in securing power access, the company was looking to begin operations of the EAF project by late 2027 or early 2028.
General licence fees (royalty) paid by FMCG major Nestle India to its Switzerland-based group entity Societe des Produits Nestle S.A. were up 13.91 per cent to Rs 1,024.5 crore in FY26, according to the company's latest annual report.
The CBI has conducted searches at six locations in Chandigarh, Panchkula and Delhi-NCR in connection with an alleged Rs 661 crore fraud involving the siphoning of government funds from departments of the Haryana government and the Chandigarh administration, officials said on Sunday.
The country's largest carmaker Maruti Suzuki India Ltd on Friday said it plans to invest Rs 925 crore by FY31 towards green energy initiatives, including two biogas projects. The company will set up a 10 Tonnes Per Day (TPD) biogas plant at its Kharkhoda facility, which will be commissioned within FY 2026-27, Maruti Suzuki.
Hindustan Zinc has signed a Memorandum of Understanding (MoU) with The Energy and Resources Institute (TERI) to develop a 250-hectare ecological restoration project in Rajasthan, that is set to become world’s largest green cover area within industrial premises.
