In a surprising turn, TVS Motor Company shares took a hit even after robust quarterly earnings showcasing impressive profit and revenue growth. While Nomura sees a golden opportunity with a Buy rating and a target price of Rs 3,970, thanks to promising new product launches and increasing export activities, Motilal Oswal echoes this sentiment, emphasizing the company s solid product pipeline.

Tata Steel shares hit a 52-week high of Rs 187, rising 3% on Wednesday and extending their rally for a sixth straight session. The uptrend follows bullish calls from brokerages, including Motilal Oswal, which upgraded the stock to Buy with a target of Rs 210, citing improving realizations, operating efficiencies, and strong domestic demand.

Adani Group stocks surged on Wednesday, adding ₹48,550 crore in market value as strong Q2 earnings from Adani Green Energy and Adani Total Gas fueled broad gains across the conglomerate. Adani Green’s shares jumped 14%, boosting its market cap by ₹14,464 crore after posting a 111% YoY profit surge to ₹583 crore, driven by new capacity additions in Gujarat and Rajasthan.

MCX on Wednesday issued a post-incident statement confirming normal trading operations after a disruption caused by a trading gateway issue in the previous session. The exchange said it has implemented corrective measures, is reviewing its systems for stronger resilience, and will inform participants before shifting back from the DR site.

The Government of Singapore’s India portfolio, valued at over Rs 2 lakh crore, saw 12 stocks soar up to 60% in 2025, led by gains in Acutaas Chemicals, Bajaj Finance, and Eicher Motors.

Coal India Q2 Results: Coal India reported a significant 30% year-on-year drop in net profit for the second quarter ended September 2025, reaching Rs 4,354.24 crore. Revenue from operations also saw a slight decrease of 3.2%, totaling Rs 30,186.7 crore for the period.

The mutual fund industry faced an unexpected shock as SEBI proposed a fresh cut in total expense ratios (TER) for AMCs. This move, impacting AMCs, brokerages, and distributors, sent shockwaves through the sector, leading to sharp stock reactions. Experts anticipate a dent in profitability, with a 3-5% impact on AMCs profit after tax.

Dipan Mehta of Elixir Equities believes SEBI s mutual fund fee revamp will have minimal impact on fund houses and brokerages. He sees the Lenskart IPO as a subscribe and flip opportunity, while favoring public sector banks over private ones. Mehta is optimistic on renewable energy and auto stocks but cautious on commodities and consumer staples.

Jefferies warned that Sebi’s proposed mutual fund fee revamp could trim AMC profits by up to 10% from FY27. The brokerage said cuts to exit load charges, brokerage fees, and total expense ratios may pressure earnings at top players like HDFC AMC and Nippon Life AMC.

Imagine Marketing, the parent company of boAt, has secured regulatory approval for its stock market debut. The Indian wearables brand s initial public offering is valued at 15 billion rupees. This significant move includes a fresh issue of shares and a sale by existing investors. The Warburg Pincus-backed firm is set to list on the stock exchange soon.