Madhu Balaji

HSBC noted that higher energy prices may soon translate into increased fuel costs for consumers, especially after the conclusion of State elections

Global brokerage Morgan Stanley maintained an overweight rating and marginally raised its target price to ₹347 from ₹345, highlighting that the focus remains on profitable growth

Gains were primarily driven by stock-specific action following quarterly earnings announcements, with investors reacting positively to corporate results across sectors.

The market holiday comes a day after benchmark indices ended Thursday's session with notable losses, capping a volatile trading day influenced by global pressures and rising geopolitical concerns

The stock traded at ₹10,579 at 9:26 am as investors cheered strong export momentum, operating leverage benefits and upbeat management commentary on margins despite rising raw material costs

Consumption stocks weaken amid forex conservation concerns Jewellery and tourism-related stocks witnessed sharp selling pressure on Monday

Analysts said domestic inflows supported broader markets despite continued foreign investor selling, while geopolitical developments and crude oil prices remained key triggers for market direction

NSE and BSE remain closed for Bakri Id as global markets decline amid rising crude oil prices and geopolitical concerns.

Ankit Patel noted that Nifty Midcap 150 and Nifty Smallcap 250 saw nearly 30% y-o-y EPS growth in Q4, with brokerages forecasting over 25% earnings growth for smaller companies in FY27

Q4 Results Highlights Today: Stay tuned to businessline for the latest live updates on Q4 earnings.