On Friday, shares of Kotak Mahindra Bank rose 3.35% to close at Rs 422.35 apiece on the BSE. The uptrend was also over the counter of the divestment player, with IDBI Bank shares settling 3.86% higher at Rs 106.92 per share.
The Union government and Life Insurance Corporation of India (LIC) together hold around 90 per cent stake in IDBI Bank. As part of the transaction, the government is divesting its 30.48 per cent stake, while LIC is offloading 30.24 per cent.
Union Budget 2026: Budget focusses on growth priority through investments, fiscal deficit trajectory
Stocks including Adani Group stocks, BSE, Hero MotoCorp, Groww, Mphasis, IDBI Bank, MOIL, Hyundai Motor, Blue Star and more will be in the spotlight on Monday, February 02.
Ahead of the union budget 2026-26, market participants will have a sharp focus on expectations around disinvestment and asset monetisation to fund higher capital expenditure. =
Stocks including Reliance Industries, Bharat Coking Coal, YES Bank, HDFC Bank, Vedanta, ICICI Bank, Tech Mahindra, Wipro, BHEL and more will be in the spotlight on Monday, January 19.
An analyst from Arihant Capital said that YES Bank is making a higher top higher bottom formation on the daily charts and the stock has started outperforming the benchmark indices.
Stake sales in FY27 will focus largely on public sector banks and the disinvestment of IDBI Bank is likely to be completed in the first quarter of FY27 now.
MOFSL said it sees a clear prioritisation of capex, which should grow at 10.3 per cent YoY and remain close to 3.1 per cent of GDP, with higher allocations for defence and allied industries.
On Indian Renewable Energy Development Agency Ltd (IREDA), Pradip Halder noted that the stock has corrected over 50 per cent from its all-time high. He advised existing investors to maintain a strict stop loss at Rs 128.
Select stocks like Waaree Energies, Aditya Infotech, BLS International, Hindustan Zinc, KPR Mills, ITC Hotels and others have seen fresh interest from the various brokerage firms.





