Market Bizzz

Jefferies Financial reported a 22% profit increase, driven by investment banking, but missed analyst estimates due to loan losses from collapsed companies. Despite geopolitical disruptions, the firm anticipates a strong 2026 for mergers and acquisitions, fueled by AI investments and a favorable regulatory climate.

Oil prices saw a significant drop as hopes for a ceasefire in the Middle East grew. Reports suggested a U.S. proposal aimed at ending the conflict was sent to Iran. This news led to profit booking in crude oil futures. However, ongoing military activity and concerns over the Strait of Hormuz persist.

Powerica Limited’s Rs 1,100 crore IPO opens Tuesday, aiming to raise funds for debt repayment and corporate needs. The company, a key diesel generator set provider with strong OEM ties, offers shares at Rs 375-395. Despite a muted grey market premium, analysts suggest subscribing for long-term potential driven by data center demand.

Sai Parenteral’s IPO opens Tuesday, aiming to raise Rs 409 crore through a mix of fresh equity and an offer for sale. The company has set a price band of Rs 372-392 per share. Ahead of the launch, the grey market premium indicated a muted listing, suggesting a flat debut.

Oil prices climbed Tuesday as supply worries returned. Iran denied talks with the US, contradicting President Trump’s statements. Brent crude rose to $101 a barrel, and WTI to $89.71. This rebound follows Monday’s sharp selloff. Concerns over the Strait of Hormuz, a vital shipping route, persist. Disruptions continue to impact energy infrastructure in the region.

Oil prices are holding steady. Investors are watching threats between the US and Iran. Potential Iranian oil supply is expected. Brent crude is near $111 per barrel. West Texas Intermediate is around $98. Prices could rise further if the conflict continues. Experts predict Brent could reach $120 or even $150 per barrel.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Markets ended the week marginally lower, with the Nifty breaching key support levels and slipping below moving averages. Rising volatility and oversold RSI indicate continued weakness. While some sectors like Energy and Pharma show relative strength, a cautious approach is advised until stabilization emerges.

Abu Dhabi Investment Authority’s India portfolio rose 7% in FY26, with six stocks delivering gains of up to 110%. However, performance remained uneven as several holdings declined sharply. The sovereign fund added three new stocks in Q3, highlighting selective positioning amid volatile market conditions and divergent stock performance.

Indian stock markets closed higher Friday, boosted by IT, auto, and metal sectors, though banking stocks capped gains. Analysts express caution due to ongoing West Asian conflict, elevated oil prices, and persistent FII outflows. Nifty and Bank Nifty face resistance, with support levels identified. Auto and IT sectors show weakness, while specific stock recommendations are provided.