Top stocks to buy (AI image) Stock market recommendations: Bharti Airtel, and Kirloskar Oil Engines are the top stocks that Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities recommends buying for this week (starting May 18, 2026). The analyst also shares his views on Nifty and Bank Nifty:Nifty ViewAfter trading within a tight…
“Indian equity markets are expected to open on a negative note, with Gift Nifty trading around 23,539, down by 169 points, indicating weak opening cues for domestic indices. Nifty ended on a mildly negative note on 15th May 2026, closing at 23,643.50, down 46.10 points or 0.19%, amid profit booking from higher levels. The index…
Jateen Trivedi, VP Research Analyst – Commodity and Currency at LKP Securities, said gold maintained a firm upward bias last week, climbing almost 4 per cent on MCX and finishing near Rs 1,58,000. He noted that the rally was mainly driven by the recent 6 per cent increase in import duty, which pushed domestic prices…
MUMBAI: A packet of milk, a simple thali meal, packaged consumer goods, an air-conditioner that’s almost a non-negotiable purchase now for many households amid rising temperatures, a box of paint, gold jewellery, a restaurant feast or an air-ticket—the war has hit low income and middle class Indians, making them pay more for a lot of…
MUMBAI: Muthoot Fincorp has approved plans to raise up to Rs 4,000 crore through an initial public offering of equity shares and a share split, as part of a broader capital-raising programme cleared by its board on May 16, even as the company reported growth in its latest financial results.In an exchange filing, the company…
MUMBAI: Veteran banker KV Kamath is now the chairman of Jio Financial Services, helping guide its expansion in a crowded market. Kamath, credited with turning ICICI from a staid development financial institution into an aggressive retail powerhouse, remains upbeat on India and technology. Excerpts:PM Modi’s appeal to defer gold purchases and conserve fuel is seen…
Foreign investors have continued withdrawing from Indian equities, with net outflows reaching Rs 27,048 crore so far this month. The selling spree reflects the cautious stance among global investors amid shifting global macroeconomic conditions and ongoing geopolitical uncertainty.Data from the NSDL shows that Foreign Portfolio Investors (FPIs) have pulled out a total of Rs 2.2…
The Marshall Islands-flagged tanker Symi, an LPG carrier transporting nearly 20,000 tonnes of liquid propane and butane, has safely docked at Deendayal Port in Kandla. The vessel crossed the Strait of Hormuz on May 13, marking another crucial movement of energy supplies through the key maritime route amid the ongoing Middle East crisis. The vessel…
NEW DELHI: The boards of state-run power sector financiers Power Finance Corporation and REC Limited on Saturday decided to move ahead with the proposal to merge the two entities.In separate stock exchan-ge filings, both companies said their boards had cleared reserving the merger proposal for approval of President of India, as required under their Articles…
