Information technology stocks witnessed selective accumulation after the recent bout of profit booking. Frontline IT names saw mild recovery as investors looked for value at lower levels.

Shares of Tata Steel edged higher in the latest session, outperforming the broader indices. The stock showed resilience as metal counters remained relatively stable despite global commodity volatility.

State Bank of India continued to witness buying interest in recent trade, with the stock holding firm near its 52-week high. The counter remained active despite a range-bound broader market, indicating sustained institutional confidence.

Market participants attribute the resilience to stable asset quality trends and healthy credit growth outlook. PSU banking stocks have been seeing selective accumulation in recent sessions.

Analysts expect the stock to remain stock-specific in the near term, with investors closely tracking loan growth momentum and margin trajectory.

Shares of Tata Steel edged higher in the recent session, outperforming the broader market trend. The stock rose marginally even as the Sensex closed in the red, highlighting relative strength in the metal major.

In a significant development, the Delhi High Court dismissed a petition challenging the market regulator’s clearance for the National Stock Exchange (NSE) IPO. The court observed that the plea appeared aimed at obstructing the listing process.

Brokerage commentary suggests India Inc’s December quarter earnings broadly met expectations, with several pockets showing steady momentum. Select companies have seen earnings upgrades post results season.

Hindalco Industries may remain on investors’ radar after a brokerage downgrade citing concerns over aluminium price trends and rising capex. Analysts expect EBITDA to moderate over the medium term amid industry headwinds.

Delhivery is advancing its EV deployment strategy through a new partnership aimed at strengthening green logistics initiatives. The move aligns with the firm’s ESG-focused roadmap.

While near-term financial impact may remain limited, the transition toward electric fleets could improve operating efficiency and sustainability positioning over time.

Highway Infrastructure received a new order worth about Rs.155 cr from NHAI, providing incremental visibility to its EPC order book. The project relates to highway development works.

Lupin announced a licensing agreement in Canada, aimed at strengthening its specialty pharma portfolio in regulated markets. The move supports the firm’s strategy to expand presence in high-value geographies.

Analysts believe the partnership could support medium-term revenue visibility from North America. Investors will watch product approvals and launch timelines for further cues.