Stock Picks May 26: L&T, Bajaj Finance, Bank of India
Mirae Asset ShareKhan recommends buying L&T, Bajaj Finance, and Bank of India on May 26, 2026, with detailed support, resistance, and target levels.
Category : Business
Stock Market Live: Sensex, Nifty May Open Lower on Iran Strikes
Stock market live updates: BSE Sensex and Nifty50 may see a negative start after fresh US strikes in Iran pushed crude oil prices higher, raising inflation concerns.
Sitharaman Flags Fuel, Fertiliser, Gold Imports Challenges
Finance Minister Nirmala Sitharaman highlighted that imports of fuel, fertiliser, and gold are creating external challenges for India amid the West Asia conflict, urging a focus on the three 'Fs'.
CNG Price Hiked Again: Now Rs 83.09 Per Kg in Delhi
CNG prices in Delhi have been hiked by Rs 2 per kg, reaching Rs 83.09 per kg. This is the second increase in a week, following a similar hike in petrol and diesel prices.
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EOW Registers Second FIR Against Anil Ambani Companies
Mumbai EOW filed a second FIR against Anil Ambani-linked companies for allegedly availing and diverting a Rs 150 crore loan from Axis Bank, cheating and criminal conspiracy.
Dwarka Expressway Drives 2,079% Real Estate Value Surge
Dwarka Expressway sees 2,079% property value rise, transforming Gurugram's real estate. Sector 88A emerges as a prime investment hotspot with infrastructure and connectivity.
Rubio, Lavrov Discuss Ukraine War and Iran
US Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov held a phone call to discuss the war in Ukraine and Iran, signaling ongoing diplomatic efforts.
RBI sets up committee for quantum-secure finance
The RBI has formed an expert committee to assess quantum computing's impact on finance, addressing both opportunities and cryptographic risks.
Rupee Rises 46 Paise to 95.23/$ on RBI, Oil Cues
The rupee gained 46 paise to close at 95.23 against the dollar after RBI governor's comments on undervaluation and intervention assurance, combined with softer crude oil prices.
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Tata Trusts Nominee Review Stalled by Charity Commissioner Freeze
Tata Trusts' plan to review board representation on Tata Sons faces a roadblock as a charity commissioner's freeze on Sir Ratan Tata Trust meetings also affects Sir Dorabji Tata Trust due to joint nominee rules.
FM: Indian economy robust despite West Asia conflict challenges
Finance Minister Nirmala Sitharaman said the Indian economy remains robust amid West Asia conflict, but rising prices of fuel, fertiliser, and forex pose challenges. She highlighted calibrated policy responses and government support for MSMEs and exporter
Sundaram Finance Eyes Gold Loan Business for Growth
Sundaram Finance is considering entering the gold loan segment under its 'Sundaram 75 Plan' to diversify. The NBFC sees rising demand for gold loans, especially among younger borrowers, and aims to expand its secured lending portfolio.
Kamaraj Road Closure Hits Bengaluru Shopkeepers Hard
The closure of Kamaraj Road in Bengaluru for a metro project has led to significant business losses for local shopkeepers, who report a sharp decline in customers and revenue.
India to standardize edible oil pack sizes for price clarity
The Indian government plans to introduce standard pack sizes for edible oils, such as 200ml, 500ml, 1-5 litres, to end confusion caused by varying weights like 650g, 810g, etc.
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Fuel Prices Surge: Fourth Hike Since May 15
Petrol price in Delhi crosses Rs 100 per litre for the first time in over four years. Diesel also jumps to Rs 95.20. Total hike of Rs 7.5 per litre since May 15.
Identify 150 Startups in 3 Months: Chandigarh Order
Chandigarh administration orders officials to identify 150 startups in three months to boost entrepreneurship and innovation in the region.
Tata Power Applies for Distribution Licence in Karnataka
Tata Power has applied for a power distribution licence in Karnataka, potentially challenging state-run ESCOMs that face cumulative losses of nearly Rs 40,000 crore.
Nalagarh Truck Union Freight Hike: Industrial Goods Dearer
The Nalagarh Truck Union has increased freight rates by 60 paise per km, making industrial goods costlier in the region. The hike is attributed to rising fuel prices and maintenance costs.
Time to Stop Slipping on Oil
India must reduce its dependence on imported oil to achieve energy security. The article discusses strategies like boosting domestic production, adopting renewables, and enhancing energy efficiency.
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Tata Power Challenges Karnataka's Power Monopoly with Bid
Tata Power applies for electricity distribution licence in Karnataka, ending state-run Escoms' monopoly. Experts say competition could lower tariffs and improve service quality.
Anmol Industries Targets Urban Markets for Growth
Anmol Industries, fourth largest biscuit maker, plans to focus on urban markets to increase turnover from Rs 2,000 crore. Bengal contributes 20% of revenue. MD announces omni-channel strategy.
Bengal CM Clears Land for Hasimara Civil Airport
West Bengal CM Suvendu Adhikari clears land acquisition for Hasimara civil airport, four years after Centre's sanction under UDAN scheme. The project aims to boost connectivity in north Bengal.
Puravankara Buys 14.57-Acre Land in Bengaluru
Puravankara Limited acquires a 14.57-acre land parcel in Bengaluru for Rs 170 crore. The land will be developed into a residential project with an estimated revenue potential of Rs 1,500 crore.
India Finalises LoR for 114 Rafale Jets from France
India has finalised the Letter of Request for 114 Rafale fighters from France. The deal, worth around Rs 3.25 lakh crore, includes 90 jets made in India under Make-in-India with 50% indigenous content.
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Toyota Invests Rs 1,200 Crore in BizIntel Hub
Toyota has signed an agreement to invest Rs 1,200 crore in the BizIntel Hub. The Chief Minister assured full support, calling it the first such facility globally.
Fuel prices surge nearly ₹3/litre in a week; Nagpur petrol nears ₹112
Petrol and diesel prices in Nagpur have risen by nearly ₹3 per litre in a week, with petrol at ₹111.70 and diesel at ₹98.90. Branded petrol touches ₹120.79. District collector assures adequate stocks and warns against hoarding.
UP Power Demand Hits Record 31,824 MW, Doubles in 15 Years
Uttar Pradesh's electricity demand has more than doubled over 15 years, reaching a record 31,824 MW in May 2026. Thermal power remains the backbone, with solar and hydro contributing. The BJP government accelerated procurement, with 62% of tie-ups in last
Tim Hortons to Hire 10,000 Local Workers, Reduce Foreign Labor
Tim Hortons announced scaling back foreign hiring and committing to 10,000 local hires as it expands, addressing past reliance on Temporary Foreign Workers.
Central Labour Dept Probes AIESL Technician Pay Amid Strike
The Central Labour Department is investigating pay conditions at AIESL, where striking technicians allege low wages and denial of relieving letters to resigning colleagues.
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FM Sitharaman Flags Fuel, Fertiliser, Gold Import Challenges
Finance Minister Nirmala Sitharaman highlighted challenges from fuel, fertiliser, and gold imports amid West Asia tensions, stressing the need to manage these 'three Fs' for economic stability.
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