Market Update: Key Stocks to Watch Including Adani Enterprises and Tata Motors
Stocks in news: Adani Enterprises, Tata Motors PV, Tata Steel, Jio Financial, ITC Hotels
The Economic TimesImage: The Economic Times
Indian stock markets showed positive momentum, with a rebound led by banking stocks. Key companies like Adani Enterprises and Tata Motors reported significant developments, including a large block deal and a notable profit decline, respectively. Analysts are closely monitoring the Nifty's resistance levels amidst these changes.
- 01Nifty shows a rebound influenced by banking stocks.
- 02Adani Enterprises saw a large block deal worth ₹1,435 crore.
- 03Tata Motors reported a 32% YoY decline in net profit.
- 04Jio Financial had a block deal involving Goldman Sachs and Morgan Stanley.
- 05Hudco's net profit surged by 172% in Q4.
Advertisement
In-Article Ad
On Thursday, Indian stock markets traded positively, marking a second consecutive session of recovery, largely due to supportive global cues and selective buying in heavyweight stocks. The Nifty index is experiencing a relief rebound after recent declines, with banking stocks playing a pivotal role in this recovery. Analysts note that the earlier support zone of 23,800-23,900 may now serve as a key resistance level. Among the stocks in focus, Adani Enterprises witnessed a significant block deal where 58.9 lakh shares valued at approximately ₹1,435 crore were traded, involving GQG Partners and SBI Mutual Fund. Meanwhile, Tata Motors Passenger Vehicles reported a 32% year-on-year decline in consolidated net profit, amounting to ₹5,783 crore, and declared a final dividend of ₹3 per share for the fiscal year ending March 2026. In other news, Jio Financial Services, associated with Mukesh Ambani, saw a block deal where Goldman Sachs sold over 26.75 lakh shares for ₹62 crore, with Morgan Stanley as the buyer. The stock closed at ₹234.20, reflecting a slight increase. Additionally, Hudco reported a remarkable 172% increase in net profit for Q4, reaching ₹1,981 crore.
Advertisement
In-Article Ad
The fluctuations in stock prices and profits of major companies like Tata Motors and Adani Enterprises can affect investor sentiment and market stability, potentially impacting individual investors and stakeholders.
Advertisement
In-Article Ad
Reader Poll
How do you feel about investing in the current market?
Connecting to poll...
More about Adani Enterprises

आज के लिए प्रमुख शेयर: अदानी, एयरटेल, जियो फाइनेंशियल और अन्य कंपनियों में हलचल
Business Standard • May 15, 2026
GQG Partners Sells 58.9 Lakh Shares of Adani Enterprises for ₹1,435 Crore
The Economic Times • May 14, 2026
Adani Enterprises Reports Strong Q4 Results with Revenue Growth and Increased Margins
The Economic Times • Apr 30, 2026
Read the original article
Visit the source for the complete story.


