Bharti Airtel tests 200-DMA; this brokerage expects 10% upside in stock

Analysts at Bajaj Broking believe that Bharti Airtel generated a breakout above the 4-month consolidation range of ₹1,740 – ₹1,930 and expect the stock to target ₹2,125 levels in the coming months.   Bharti Airtel stock hits 200-DMA   Bharti Airtel stock today hit the 200-day moving average for the first-time since February 25, 2026.…

India’s core sector growth rises to 1.7% in April on steel, cement output

These eight sectors expanded by 1 per cent in the same month last year. The pace of expansion was 1.2 per cent in March   Production growth in eight core infrastructure sectors rose 1.7 per cent in April, driven by higher output of steel, cement and electricity, according to government data released on Wednesday. These…

RBI injects ₹79,256 crore into banking system via overnight VRR auction

The liquidity injected was much lower than the notified amount of ₹1 trillion, despite the sharp drop in surplus liquidity in the banking system due to advance tax payments The Reserve Bank of India (RBI) on Monday infused ₹79,256 crore transient liquidity into the banking system through overnight variable rate (VRR) auction.   The RBI…

Infosys shares: Buyback worth Rs 18,000 crore opens tomorrow; check entitlement ratio, eligibility and target price

Infosys plans to repurchase 10 crore fully paid-up equity shares of face value Rs 5 each, representing up to 2.41 per cent of its total paid-up equity share capital. The buyback price has been set at Rs 1,800 per share. Infosys Ltd‘s Rs 18,000 crore share buyback programme will open for subscription on Thursday (November…

‘Examining implications’: India on US move to revoke Chabahar port waiver

The revocation of the sanctions waiver comes as a challenge for India, as it is involved in the development of a terminal at Chabahar Port   India on Friday said it is currently examining the implications of the United States (US) revoking the sanctions waiver for Iran’s Chabahar port. In a press briefing, the Ministry…