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Tata Motors Passenger Vehicles is set to make waves with an ambitious EV expansion, planning five new electric models by FY30, including the premium Avinya range. A significant Rs 16,000-18,000 crore investment will fuel new launches, expand the lineup, and build extensive charging infrastructure, aiming to solidify market leadership and drive mass adoption of electric mobility across India.
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Adani Ports revised its FY26 EBITDA and cargo volume targets upwards following the acquisition of Australia’s North Queensland Export Terminal (NQXT). The company now projects Rs 22,350–23,350 crore EBITDA and 545–555 million metric tonnes cargo throughput by FY26, reinforcing its 2030 goal of 1 billion metric tonnes.
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Five Nifty50 stocks showed improving momentum on 23 December as their RSI levels moved above the key 50 mark from lower zones. This RSI upswing signals an early bullish bias, indicating strengthening price action. Rising momentum helps traders spot potential buying opportunities at an early stage.
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U.S. stocks climbed Tuesday, with the S&P 500 reaching a record high following robust GDP data. Strong economic growth pushed bond yields higher, benefiting growth stocks like Nvidia and Alphabet. Despite some weaker economic indicators, the market anticipates a potential “Santa Claus rally” as the year concludes.
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