Sensex Today | Stock Market LIVE Updates: Nifty nears the 24,800 mark; Shipping Corp shares extend gains

Jefferies on Max Financial

Buy Call, Target Price Raised To ₹1,830/Sh

Management Confident On Mid-teens APE Growth & Margin Gains In FY26

VNB Estimates Raised By 2%

Succession & Low Attrition Seen As Key, With Management Optimistic

Lower Risk From Banca Norms & Insurance Act Changes Are Positives

Axis-Max Life Offers Strong Risk-reward; Among Top Sector Picks

Jefferies On InterGlobe Aviation

Buy Call, Target Price At ₹6,300/Sh

Mgmt Reiterated Long-term Tailwinds For Aviation Growth In India

Focus Remains On Cost Leadership & Timely Fleet Orders, Amid Space Consolidation

Intl Segment Is A Key Growth Lever With New Fleet & New Routes

Co Is Expanding Its Geographic & Customer Profile Through Recent Initiatives

Jefferies on Indian Hotels

Buy Call, Target Price At ₹980/Sh

Management Highlighted The Scale-up & transformation Of IHCL Over The Past 8 Years

Reaffirmed A Positive Demand-supply Cycle For Hospitality In India

Maintained Double-digit Revenue Growth Guidance For FY26

Reiterated FY30 Targets Of Doubling The Portfolio & Consolidated Revenues

Expanding New/Reimagined Businesses & Targeting An Asset-light Mix Of 75%

Jefferies On HDFC Bank

Buy Call, Target Price At ₹2,380/Sh

Mgmt Expects Favourable Policy Actions To Aid Consumption & Credit Demand In H2FY26

Reiterated Loan Growth Guidance In-line With The Sector For FY26 & Ahead In FY27

NIMs Will Correct Near-term & Rise In FY27, Asset Quality Remains Healthy

See Recent Allegations On The Bank/CEO As A Non-event, Albeit Noisy

Bank Remains Among Top Sector Picks

Jefferies On Ambuja Cements

Buy Call, Target Price At ₹700/Sh

Mgmt Remains Confident Of Reaching A Cement Capacity Target Of 140 MTPA By FY28

Provided Updates On Scaling Up Cost-efficiency Targets Over The Next Few Years

Expects Industry Demand To Recover To 7–8% In FY26

On pricing, Management Indicated Improvement In Recent Months

Jefferies On BSE

Hold Call, Target Price Raised To ₹2,900/Sh

Mgmt Awaits Clarity On Any Changes To F&O Expiry Days

Mgmt Expects No Material Volume Impact

Continues To Target Onboarding Clients Focused On Longer-dated Expiries In F&O Segment

Transition To Common Contract Note Can Improve Liquidity & Market Share

New Derivative Instruments And Growth In Data Services To Aid Profitability

Expect 30% PAT CAGR Over FY25–28