On Business Today TV's "What's Hot," Expert Prashanth Tapse from Mehta Equities discussed festive market cheer amid Nifty's positive start at ~26,135. Key highlights included Shriram Finance's surge following MUFG Bank's ~₹39,618 crore investment for a 20% stake, with brokerages like Jefferies, Motilal Oswal and Citi issuing buy ratings and targets up to ₹1,100, citing capital boost and growth potential. They cautioned on volatility from ₹11,900 crore share unlocks in 16 recent IPOs. Tapsee recommended five "Santa stocks" for 2026 gains: Reliance Industries, Ather Energy, CEAT, Polycab, and Lenskart.
Arpit Beriwal of Motilal Oswal says rollovers are steady with Nifty and Bank Nifty gaining around 1–1.5% month-on-month. He highlights autos as the strongest sector in the current volatile market. Maruti is forming a solid base near 15,500 and could move towards 16,300–16,500, while Eicher Motors has broken out above 7,050 on the weekly chart and may head to 7,500–7,600 in the December series. In energy, Reliance looks strong for 1,600–1,620. Ashok Leyland shows swing potential with support at 144 and targets near 152–160. Strategy: stay long on autos, NBFCs and capital market stocks, while taking tactical shorts in railways, realty and consumer durables due to selective market breadth.
In a massive loan fraud investigation, the Enforcement Directorate (ED) has targeted Anil Ambani and his once-powerful Reliance ADA Group, accusing them of orchestrating an elaborate web of financial deceit between 2017 and 2019. The younger Ambani brother, who parted ways with Mukesh in 2005 to forge an empire in telecom, power, infrastructure, and finance, now stands accused of siphoning funds through quid pro quo arrangements with Yes Bank, evergreening of loans, backdated approvals, zero due diligence, and routing money via shell companies. While Reliance Infrastructure and Reliance Power have emerged debt-free and are pivoting to green energy and defence sectors, the shadows of past collapses refuse to fade: bankrupt Reliance Communications (declared fraud by SBI for massive defaults), lender-seized Reliance Capital, and Reliance Home Finance. A stunning surge in Reliance Home Finance’s corporate lending within a single year—disbursed to dubious borrowers sharing identical addresses—triggered SEBI’s scathing report. The ED has unearthed fake bank guarantees, undisclosed foreign accounts in Jersey, BVI, and Cyprus, and hawala trails under FEMA. With assets worth thousands of crores already attached, a Look Out Circular (LOC) in force, top executives under intense grilling, and arrests like that of Partha Sarathi Biswal already executed, the noose is tightening around the tycoon who once declared zero net worth. As raids and inter-agency probes escalate, India waits to see if this spells the definitive collapse of Anil Ambani’s empire.
Stocks including Aditya Birla Capital, ITC, Indus Towers, Adani Energy, Indian Oil, Mazagon Dock, RVNL, NTPC Green, telecom companies and more will be in the spotlight on Tuesday, October 28.
Nilesh Shah, MD & CEO of Envision Capital and Devina Mehra, Founder and CMD of First Global, stressed that while IPOs can offer opportunities, they are often overvalued and not guaranteed to deliver immediate gains.
The Indian stock market continues to remain volatile amid the rising tariff concerns and global economic cues, but expects domestic resilience.
Stocks including Reliance Industries, Hexware Technologies, ICICI Bank, NTPC, Afcons Infra, Federal Bank, Lemon Tree Hotels and more will be in the spotlight on Friday, August 29.
ED said the woman was in contact with Angarai Natarajan Sethuraman, a former director of the now-defunct Reliance Capital Limited, regarding "illegal liaising work"
An Analyst from Arihant Capital said that Waaree Energies is forming a higher top–higher bottom structure on the daily charts, indicating a continuation of the prevailing uptrend.
Stocks including Wipro, M&M, Bajaj Auto, Axis Bank, Lupin, LTIMindTree, Tata Communications, Jio Financial Services and more will be in the spotlight on Friday, July 18.
Canara Bank has withdrawn its fraud classification against Anil Ambani’s loan account after initially declaring Reliance Communications ‘fraudulent’ over alleged misuse of funds. The bank had accused the company of diverting loans meant for capital expenditure and debt repayment.





