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buy call on JSW Energy with a target price of Rs 810. The current market price of JSW Energy is Rs 657.05. JSW Energy, incorporated in 1994, is a Mid Cap company with a market cap of Rs 114898.30 crore, operating in the Power sector. JSW Energy, key products/revenue segments include Power, Power Generation, Sale of services, Sale of Products, Interest, Other Operating Revenue for the year ending 31-Mar-2024.

KEC International shares will be in focus on Thursday after the firm secured turnkey orders worth Rs 1,704 crore from Power Grid Corporation of India in its Transmission & Distribution (T&D) business. The projects include the design, supply, and installation of 765 kV transmission lines and GIS substations, further bolstering KEC’s leadership in the T&D sector.

Oil prices edged lower in Asian trading on Thursday, after a surprise jump in U.S. gasoline stocks ahead of the nation's Thanksgiving holiday sparked worry over demand in the top consumer of the motor fuel. Brent crude futures fell by 4 cents, or 0.1%, to $72.79 per barrel by 0220 GMT, while U.S. West Texas Intermediate crude futures were a cent lower at $68.71 a barrel.

Godrej Properties will be in focus on Thursday after the company launched its qualified institutional placement (QIP) on Wednesday to raise up to Rs 6,000 crore by selling equity shares to investors, supporting its growth plans. Last month, the company's board approved the issuance of securities to raise the same amount. In a regulatory filing, Godrej Properties announced that the QIP Placement Committee had authorized the issue to open on November 27, 2024.

SME IPO of Agarwal Toughened Glass will open for subscription today and will close on December 2. The company aims to raise Rs 62.64 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

Sebi scrutiny, the IPO of C2C Advanced Systems received robust response from investors with a subscription of over 100 times. The company is likely to finalise the allotment on November 29. To check the status of C2C Advanced Systems IPO allotment through the registrar, which is Link Intime India in this case, kindly follow the below steps.

Adani Group stocks will be in focus on Thursday after the conglomerate clarified on Wednesday that its executives, including Gautam Adani and his nephew Sagar Adani, have not been indicted on bribery charges by US authorities. The group noted that the US actions have caused «significant repercussions including… international project cancellations, financial market impact and sudden examination from strategic partners, investors, and the public». Adani Green Energy Ltd said group founder chairman Gautam Adani, his nephew Sagar Adani, and senior executive Vneet Jaain have not been charged with violations of the US Foreign Corrupt Practices Act (FCPA) over bribery, nor is the civil complaint filed by the US Securities and Exchange Commission (SEC) based on this. Instead, they have been charged on three counts in the criminal indictment-alleged securities fraud conspiracy, wire fraud conspiracy and securities fraud, the company said in the Adani Group statement that was issued on Wednesday.

Vedanta Ltd. shares will be in focus on Thursday after Moody's Ratings said it has upgraded the corporate family rating of Vedanta Resources Ltd (VRL) following its successful liability management exercises. The rating agency has upgraded the corporate family rating of the company from B3 to B2. Moody's has also upgraded the rating on the senior unsecured bonds issued by Vedanta Resources to B3 from Caa1. «The rating upgrade follows VRL's successful liabilities management exercises, with the company raising USD 800 million in its second bond issuance since September 2024,» Nidhi Dhruv, Moody's Ratings Vice President and Senior Credit Officer said.

Dipan Mehta, Director, Elixir Equities, says from a fresh investment angle, avoid ABB, Hitachi, and Siemens. All of these companies’ existing investors may remain invested, but this is not the time to make a fresh investment. These are great stocks to buy when there is a down cycle in the capex cycle and these companies’ earnings are stagnating or even growing negatively, but not at these times when the stocks have rallied as they have. For now, it is a hold for Mehta. Dipan Mehta further says that investors who are underweight on PSUs banks or defence or engineering companies, this corrective phase is a good opportunity to get at least equal weight. What do you make of this counter because Ola Electric has been vulnerable to a lot of volatility just in the last couple of weeks. What are you making of this counter and fundamentally, how does this stock look to you? Dipan Mehta: One cannot really comment exactly why the stock is up 20%. There is no specific fundamental news that has come to my notice at least, except that they are keeping on launching new models and they are addressing their complaint-related issues. But apart from that, I do not know why the stock is up 20%.

bond yields slipped as traders took to the sidelines ahead of the US Thanksgiving holiday. Shares in Japan swung between gains and losses while those in Australia climbed alongside Hong Kong equity futures. Contracts for US stocks edged up after the S&P 500 fell 0.4% Wednesday, retreating from a record high in the prior session. The Nasdaq 100 dropped 0.9% as tech stocks weighed on the US market. Nvidia Corp. and Tesla Inc. were among the hardest hit big-tech companies.

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Adani Wilmar Ltd.(up 8.37%), LT Foods Ltd.(up 5.29%), JHS Svendgaard Laboratories Ltd.(up 4.96%), Bikaji Foods International Ltd.(up 3.82%), Marico Ltd.(up 3.43%), Zydus Wellness Ltd.(up 2.82%), Euro India Fresh Foods Ltd.(up 2.72%), Hindustan Foods Ltd.(up 2.52%), Colgate-Palmolive(India)Ltd.(up 2.20%) and Heritage Foods Ltd.(up 2.14%) stood among the top gainers.

On the BSE, Nova Pub(down 14.68 per cent), WABCO India(down 13.73 per cent), Inani Marbles(down 10.00 per cent), 3P Land Holdings(down 9.99 per cent) and Amanaya Ventures(down 9.96 per cent) stood among the top losers in today's trade.

NTPC Green Energy's market capitalisation breached the Rs 1 lakh crore mark on Wednesday as the stock shot up 10% following a lacklustre listing. NTPC's renewable energy arm was listed at Rs 111.50 on the NSE, a 3.2% premium over the issue price of Rs 108. The stock generated considerable interest on its opening day with over 26 crore shares changing hands around 1:15 pm.

«We expect pickup in government-led spending and easing of liquidity, which will start aiding growth from next quarter onwards. Last 18 months to 24 months, we have seen a lot of stock run up and sectors run up in Indian markets,» says Satish Kothari, SageOne Investment Advisors. In the last two months, we have seen a 3000 points correction in the benchmark and a recovery of nearly 1000 points from the lows. So, how are you positioning yourself amidst such volatility? What is your market view at current juncture if you could just take us through that? Satish Kothari: The Indian markets have cooled off in the last two months primarily driven by Q2 FY25 earnings, which were quite weak and FIIs selling and rising geopolitical uncertainties. The broader outlook for near-term continues to be a bit uncertain, driven by external global environment and investors will watch out for how Q3 FY25 earnings pans out for corporate India. However, when we look at Indian macro environment, it continues to be strong and stable.

Marico Ltd. traded 2.68 per cent at Rs 645.45 at 02:01PM (IST) on Wednesday, even as BSE benchmark Sensex 333.4 points to 80337.46. The stock had settled at Rs 628.55 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 719.80 and Rs 486.75, respectively.

Bitcoin has experienced significant volatility, dipping to an intraday low of $90,770 before recovering to $93,500 on Wednesday. Its market dominance dropped to 57.36% amid profit-taking and market turbulence fueled by Trump’s trade policy announcements. At 12:19 p.m., Bitcoin traded 0.6% lower at $93,461 over the last 24 hours, while Ethereum, the second-largest cryptocurrency, rose 0.46% to $3,426. «The recent price drop has been attributed to the expiry of options and reduced term premiums from U.S. Treasury bonds, which somewhat decreased the appeal of using Bitcoin as a hedge against the traditional market,» said Shivam Thakral, CEO of BuyUcoin.

Federal Bank Ltd. traded 0.18 per cent at Rs 213.15 at 02:08PM (IST) on Wednesday, even as BSE benchmark Sensex 382.97 points to 80387.03. The scrip had settled at Rs 213.55 in the previous session. The stock quoted a 52-week high price of Rs 214.40 and 52-week low of Rs 139.45, respectively. As per BSE data, total traded volume on the counter till 02:08PM (IST) stood at 151412 shares with a turnover of Rs 3.21 crore.

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Ambuja Cements Ltd. traded 3.0 per cent at Rs 508.30 at 11:40AM (IST) on Wednesday, even as BSE benchmark Sensex 31.88 points to 80035.94. The stock had settled at Rs 493.45 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 706.85 and Rs 415.65, respectively.

Lupin Ltd. 0.66 per cent to Rs 2022.05 in Wednesday's trade as of 11:47AM (IST). The stock hit a high price of Rs 2040.00 and low of Rs 2012.95 during the session.