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Netweb Technologies shares surged 50% in six sessions to hit a record high, driven by a Rs 1,734 crore sovereign AI order, upbeat AGM outlook, robust Q1 earnings, and bullish technical signals. The stock has nearly doubled in the past six months.
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Indian stock market analysts suggest a positive outlook for the week, fueled by GST benefits and the approaching festive season. Brokerages recommend buying shares of Arisinfra Solutions, Navin Fluorine, Nykaa, and RIL. Further recommendations include IREDA and Power Grid, citing recent gains and project wins.
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Indian equity markets show cautious optimism amid global and domestic triggers. Chakri Lokapriya highlights falling INR, FII selling, and tariff uncertainty but points to fair valuations at 19–20x FY27 earnings. He stresses GST reforms as a structural positive that could drive earnings upgrades, boost demand, and attract fresh FII inflows.
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Tata Steel shares surged to their 52-week high on Monday, banking on strong sector tailwinds, including India’s extended safeguard duty, China’s production curbs, and positive brokerage views. Morgan Stanley upgraded the stock to Overweight with a Rs 200 target, citing favourable demand and pricing trends.
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Despite a GST rate cut lifting sentiment, FIIs remain cautious on Indian equities, says InCred Capital’s Pramod Amthe, stressing earnings as the key trigger. He sees opportunities in autos, financials, and consumer discretionary, with high-conviction picks like Maruti, Bajaj Auto, Bajaj Finance, Shriram Transport, and TCPL Packaging.
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