The majority of PSU stocks are trading positive so far in FY26, signaling renewed investor confidence. The BSE PSU Index has posted an impressive 6.1% gain, slightly outpacing the benchmark Sensex, which rose 5.8% during the same period.Out of 62 listed PSU stocks on the BSE, 47 have delivered positive returns so far this fiscal. Notably, 31 of these winners have clocked in double-digit gains, signaling strong investor interest in the government-backed sector. Topping the charts are 11 PSU stocks that have surged over 25%, with one turning multibagger, and another close to doubling investors' money. These standout performers reflect renewed market confidence in the PSU space, often seen as a barometer of the broader economy.However, it hasn't been a smooth ride for all. On the flip side, five PSU stocks have seen a sharp decline of over 10%, including names like General Insurance Corporation of India, REC, Central Bank of India, UCO Bank, and Punjab & Sind Bank. Despite these laggards, the overall sentiment around PSUs remains upbeat, buoyed by ongoing government reforms and sectoral tailwinds (Data Source: ACE Equity).
Adani Power shares have gained 23% this year, driven by new project wins, regulatory approvals, and an upcoming stock split on September 22. Analysts see strong momentum with upside toward Rs 700730, supported by technical patterns and enhanced retail participation, while investors weigh near-term opportunities versus potential volatility.
Over the past 2 weeks, eight penny stocks have delivered strong gains, rising between 25% and 52%. These top performers were identified through a targeted screening that focused on companies with a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a recent trading volume of at least 5 lakh shares. The strategy highlights low-priced, actively traded small-cap stocks showing robust upward momentum. (Data Source: ACE Equity)
Over a dozen companies are gearing up to launch their IPOs over the next two to three weeks, aiming to raise nearly Rs 10,000 crore, buoyed by supportive policy measures, including GST 2.0 reforms, and the RBI's monetary policy easing through rate cuts.
Indias IPO market gears up for October with Tata Capitals Rs 17,000-crore issue and LG Electronics Rs 15,000-crore debut, together worth Rs 32,000 crore. These mega offerings, amid a record fundraising year, will test investor appetite during the festive season.
Indian markets extended their winning streak with Nifty closing positive for the eighth straight session, supported near 25,000. Analysts expect consolidation with scope for an upmove toward 25,500. Experts recommend five stocks for Monday: RailTel, Cochin Shipyard, Bajaj Finance, Data Patterns, and Astra Microwave.
Sectoral and thematic mutual funds have offered upto 6% return in last week. There were 578 funds in the said time period, of which 543 gave positive returns, 33 gave negative returns and two failed to deliver returns. Here are the funds which delivered returns over 3.50%. (Source: ACE MF)
Sectoral and thematic mutual funds delivered up to 6% returns last week, with 543 of 578 funds in the green. Top performers included Invesco Global Consumer Trends FoF, Mirae Asset Hang Seng TECH ETF FoF, HDFC Defence Fund, Edelweiss schemes, and HSBC Global Emerging Markets Fund.
The Nifty is on the cusp of a potential breakout from a Symmetrical Triangle pattern on the daily charts a formation that typically signals a strong directional move. The index continues to trade above both its short-term and long-term moving averages, which have begun to slope upward, offering a bullish undertone to the markets technical setup.With momentum indicators also turning constructive, domestic brokerage firm Motilal Oswal has highlighted its top three picks, based on the technical outlook, that traders can keep on their radar.
Nifty nears breakout from Symmetrical Triangle with bullish signals. Motilal Oswal highlights National Aluminium, Power Grid, and Tata Chemicals as top trading picks, backed by strong technical patterns, support zones, and rising momentum indicators.
