The markets are trending higher today with the Nifty near 24,500 and the Sensex is up over 400 points intra-day. The small and midcap indices are also clocking smart gains. The BSE Midcap Index is up 0.5% and the Nifty Midcap 150 is also up as much intra-day.
Reliance Infra
The Anil Ambani Group stocks are in the limelight today. Reliance Infrastructure share price is up 2% in trade today. The stock has recovered significantly after the entire group stocks saw a sharp slide on the back of news about the ED probe in the Rs 17,000 crore bank loan fraud matter. News that the company has got the nod to recover Rs 28,483 crore via subsidiaries in 4 years boosted the stock price.
Adani Enterprises
The Adani Enterprises share price is up 5% in trade today. The uptick comes after 4 days of losing streak. The share price is down 3% in the last 5 days and has declined 11% so far in 2025. The big news for the company recently is that Gautam Adani has stepped down from key managerial positions in Adani Ports
Tata Motors
The Tata Motors share price is rallying in the back if the management’s confidence in tackling the rare earth supply concerns. In a media address after the Q1 numbers, CFO P Balaji expressed confidence is taking ‘lesson from the semi conductor crisis’ and reiterated that the company has not faced any production delay thus far due to the rare earth supply crunch.
Voltas
The share price of Voltas is also under pressure today after a weak Q1 performance. The company estimates a flat to moderate growth in FY26 amid Q1 pressure. The management reiterated its cautious approach by stating that it would bid only for projects with assured margins and secured funding to avoid repeats of past international losses.
PG Electroplast
Another AC stock that continues to be under pressure. PG Electroplast is down 13% after the share cut on Friday. That said most AC stocks continue to see selling pressure on tight demand in Q1. The early onset of monsoon led to lower demand for ACs this summer.