Jindal Steel shares: JSPL secured the block with a revenue-sharing bid of 10%, which will reduce its reliance on external coal supplies and ensure a consistent supply of raw materials for its steel production. This acquisition enhances the company’s backward integration strategy, helping to mitigate risks associated with supply chain disruptions and price volatility.

BSE shares price: Shares of BSE surged by 13.7% following NSE s decision to defer its plan to change the weekly expiry day for equity derivatives. SEBI s proposal for uniform expiry days aims to reduce volatility, potentially benefiting BSE in the near term. BSE s market share in equity derivatives has been gradually increasing.

A shift above the VWAP suggests a potential bullish trend, according to stockedge.com s technical scan data.

Samvardhana Motherson shares: Shares of Samvardhana Motherson International Ltd advanced by 3.8% due to the company s announcement that new US tariffs on imported products, including automotive components, would not significantly impact its financials. The stock recovered from earlier losses, influenced by a positive outlook from CLSA.

Force Motors shares gained 7.5% after it announced a contract to supply 2,978 Gurkha light vehicles to the Indian Defence Forces. This order underscores Force Motors dedication to enhancing defense capabilities and the trust placed in the company by the military.

BEML has secured a Rs 405 crore contract from Bengaluru Metro Rail Corporation for manufacturing and launching metro cars, along with providing personnel training and 15 years of maintenance. Motilal Oswal Financial Mutual Fund acquired a 2.66 lakh-share stake in BEML. The stock has gained 13.6% recently, with a target price of Rs 3,838, indicating a 22% upside.

Indian equity indices Sensex and Nifty50 experienced a decline on Friday, driven by losses in M&M and Infosys despite positive foreign inflows. The Sensex was down 117 points while the Nifty50 gained 25 points. Notably, FPIs purchased Indian shares worth Rs 11,111 crore on Thursday, marking the highest single-day inflow in six months.

The Indian market is expected to consolidate on Friday, influenced by muted global cues. Nifty futures closed with modest gains, while India VIX fell. Experts suggest a broader trading range between 23,000 to 24,000 zones. Various analysts have provided stock recommendations for short-term traders, including ONGC, Jindal Steel, DLF, Hero MotoCorp, and IEX with specific targets and stop losses.

Hindustan Aeronautics Limited (HAL) has amended its contract with the Indian Air Force (IAF) for the delivery of Tejas Mk1 Final Operational Clearance (FOC) fighter jets, increasing the contract value to Rs 6,542.20 crore. Despite delays in production, the Tejas Mk1A program progresses with the first engine delivered by GE Aerospace. HAL’s Q3 profit saw a 14% increase.