Priority Jewels Ltd. Share Price

CSB Bank: Reducing Dependence on Gold Loans

Nifty Mid-Cap 150 Index Technical Outlook

Nifty Midcap 150 Index appears to be undergoing a potential topping process after a prolonged multi-year uptrend. The index has faced repeated rejection around the 22,550–22,600 resistance zone, indicating that higher levels are attracting strong selling pressure. The recent rise toward the 23,600+ zone, followed by a sharp reversal, further strengthens the possibility of distribution at elevated levels. The key message for investors is that the market character appears to be shifting from “buy on dips” to “sell on rise.” Smart investors should therefore avoid aggressively chasing rebounds and instead use meaningful pullbacks toward higher resistance levels as opportunities to reduce exposure and book profits, particularly in weak and highly valued mid-cap stocks. The most important technical reference on the weekly chart is the rising green uptrendline, which has supported the index through several major corrections. As long as this trendline remains intact on a weekly closing basis, the long-term bullish structure cannot be considered completely broken. However, a decisive weekly breakdown below this rising trendline would be a major bearish trigger. If the index subsequently fails to reclaim the broken trendline, it could confirm a transition from correction to a broader trend reversal. Such a breakdown could trigger aggressive profit-booking, stop-loss selling and liquidation across mid-cap stocks. Therefore, investors should watch the green trendline extremely carefully. Above the trendline: remain cautious. On pullbacks: use rallies to reduce risk. Below a decisive weekly breakdown: turn defensive. A confirmed trendline breakdown could potentially trigger a major crash-like correction in mid-cap stocks, making capital preservation the priority.

Equitas SFB may raise FY27 loan growth guidance above 25%

JSW Energy secures 3,200 MW Salboni turbine orders

JSW Energy secured equipment contracts for its entire 3,200 MW Salboni Thermal Power Project. This completes turbine-generator placement for all four 800 MW units, mitigating critical supply-chain risks. The agreement with associate entity Toshiba JSW Power Systems finalizes the equipment ordering for both phases of the project. This matters because it leverages backward integration to keep capital costs competitive and shields the project from industry-wide power equipment shortages, supporting the company's expanded 32.4 GW locked-in generation capacity. I am watching the Phase II commissioning timeline by late FY27 and the billing milestones tied to the 25-year Power Purchase Agreement with the West Bengal State Electricity Distribution Company. The market is currently hyper-focused on JSW Energy's aggressive renewable and pumped hydro pivot, pricing the stock purely as a green energy transition play. What the consensus is missing is the strategic supply chain moat this thermal completion represents. Global lead times for supercritical steam turbines have stretched to 3 to 4 years due to manufacturing bottlenecks. By raising its stake in Toshiba JSW to 20.7% in July 2026, JSW is not just buying hardware; it is securing priority allocation. This captive supply chain de-risks the execution of its massive 32.4 GW pipeline, ensuring steady, predictable cash flows that are absolutely critical to funding its capital-intensive 29.6 GWh energy storage build-out without costly project delays. Accumulate for steady pipeline execution and de-risked capital allocation. Disclosure: I do not hold positions in this stock. This is for educational purposes only and does not constitute investment advice.

BEML wins Rs 5,400 crore bullet train contract

IndiGo Gains on Fee Changes and Lower Crude Oil

IndiGo gained 1.55% as fee revisions and easing crude oil prices supported sentiment. Traders are tracking ₹5,060–₹5,280 resistance and key support zones. IndiGo shares recovered from recent lows as passenger fee revisions and easing crude oil prices supported investor sentiment. InterGlobe Aviation (