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Stocks to Watch Today, February 4: Adani Enterprises, IEX, Varun Beverages, Aditya Birla Capital, NBCC and more
Feb 4, 2026 • etnownews

Stocks to Watch Today, February 4: Adani Enterprises, IEX, Varun Beverages, Aditya Birla Capital, NBCC and more

Stocks to Watch Today: Indian stock markets are set for an action-packed session as investors track Q3 earnings results, corporate announcements, volume growth updates, management changes, and strategic partnerships across key sectors. From Bajaj Finance Q3 results, Aditya Birla Capital earnings, Varun Beverages profit growth, to fresh developments at Adani Enterprises, Jio Financial Services, NBCC India, and Indian Energy Exchange (IEX), several stocks are likely to remain in focus today.Market participants will closely monitor Q3 profit growth, revenue expansion, net interest income (NII) trends, order wins, leadership exits, export outlooks, and new-age digital finance launches, as these corporate updates could drive stock-specific action, intraday volatility, and sectoral momentum. Here’s a comprehensive snapshot of stocks to watch today in India, including Q3 results highlights and major corporate announcements that may influence share prices on Dalal Street.Stocks in Focus: Q3 results SnapshotCompanyProfit (Rs crore)Profit ChangeRevenue / NII (Rs crore)Revenue / NII ChangeAditya Birla Capital983+41%14,181+30%Bajaj Finance4,066 vs 4,308−6%NII: 11,317 vs 9,382+21%Castrol India244.7 vs 271.4−9.8%1,439.9 vs 1,353.9+6.4%JK Lakshmi Cement57 vs 74.7−23.7%1,588.4 vs 1,496.8+6.1%Kansai Nerolac Paints121.4 vs 680.9−82.2%1,982 vs 1,921.9+3.1%Mankind Pharma408.8 vs 380.2+7.5%3,567.2 vs 3,198.8+11.5%Nazara Technologies8.8 vs 13.7−35.4%406 vs 534.7−24%Pidilite Industries623.84 vs 557+12%3,709.9 vs 3,368.9+10.1%Sheela Foam52.57 vs 16.8+212.9%1,074.4 vs 967.1+11.1%V2 Retail102.06 vs 51.2+99.4%929.2 vs 590.9+57.2%Varun Beverages Ltd260 vs 195.64+32.9%4,334.79 vs 3,817.61+13.54%Stocks to Watch Today: Corporate AnnouncementIndian Energy Exchange (IEX)Power Trading Volumes Rise Sharply in JanuaryIndian Energy Exchange reported a 19 per cent year-on-year increase in electricity traded volumes, reaching 13,050 million units in January, reflecting strong demand on the power exchange platform.Exide IndustriesExide Eyes Export Boost from Europe Tie-UpExide Industries expects to generate additional export revenue of Rs 400–500 crore from the next financial year, supported by an exclusive partnership with a European company and improved trade prospects following the India–US trade agreement.Ambuja CementsAmbuja MD Ajay Kapur Steps Down After SuperannuationAdani Group-owned Ambuja Cements announced that its Managing Director, Ajay Kapur, has stepped down from his role upon reaching retirement age.NBCC IndiaNBCC Bags New Construction Orders Worth Rs 271 CroreNBCC India has secured fresh construction contracts, including a Rs 39.19 crore order from the Institute of Cost Accountants of India and a Rs 232.13 crore project from Uttarakhand’s Department of Fisheries.Adani EnterprisesAdani Partners with Leonardo to Enter Helicopter ManufacturingAdani Enterprises has entered into a strategic collaboration with Italy-based aerospace firm Leonardo to develop an integrated helicopter manufacturing ecosystem in India, strengthening its footprint in the growing aerospace sector.Jio Financial Services Jio BlackRock Launches Affordable Digital Wealth PlatformJio BlackRock Investment Advisers has rolled out a technology-driven wealth management platform, offering personalised investment guidance starting at Rs 350 annually, targeting India’s vast and underpenetrated investor base.Indian Railway Finance Corporation (IRFC) IRFC Ties Up for Port and Connectivity FinancingIRFC has signed a tripartite MoU with V.O. Chidambaranar Port Authority and Sagarmala Finance Corporation to explore structured financing options for the Outer Harbour Project and other port-led and multimodal infrastructure initiatives.(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)

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Adani Enterprises Q3 results FY26: Profit zooms 90x to Rs 5627 cr, revenue rises 9% YoY - Gautam Adani-led firm's quarterly earnings details
Feb 4, 2026

Adani Enterprises Q3 results FY26: Profit zooms 90x to Rs 5627 cr, revenue rises 9% YoY - Gautam Adani-led firm's quarterly earnings details

Adani Enterprises Q3 results FY 2026: Adani Enterprises Ltd (AEL), the flagship company of Gautam Adani-led Adani Group, announced its results for the quarter and nine months ended December 31, 2025, today, February 3. The company’s profit after tax surged 90x around 9601 per cent to Rs 5,627 crore in Q3 FY26 against Rs 58 crore in the same quarter of the previous financial year. The massive surge in the profit after tax (PAT) is attributable to the owners of the parent and includes one-time gain of Rs 5,632 crore on AWL stake sale.Total Income reported an 8 per cent YoY gain to Rs 25,475 crore in the reporting quarter against Rs 23,501 crore in the year-ago period. AEL's revenue from operations stood at Rs 24,820 crore in Q3 FY26, up 9 per cent over Rs 22,848.42 crore reported in the corresponding period of the last financial year.EBITDA increased 15 per cent YoY to Rs 4,297 crore in the October-December 2025 period against Rs 3,723 crore in the same period of the last financial year.For the nine months this fiscal (FY26), consolidated EBITDA reached Rs 11,985 crore while revenue stood at Rs 69,756 crore, the company said in a statement. AEL has strengthened its track record of consistently delivering operational and execution excellence during the quarter with the commencement of operations at the greenfield Navi Mumbai airport in less than five years of acquisition.The flagship company has also successfully delivered outcomes within timelines by completing two HAM road projects and the inauguration of the integrated new terminal building at Guwahati airport.The company successfully completed a rights issue, raising Rs 24,930 crore, seeing oversubscription by 30 per cent from the market. It also raised Rs 1,000 crore through its third public issue of NCDs in January 2026, the Adani Enterprises said in the statement. Adani New Industries (ANIL-Green Hydrogen Ecosystem) saw module sales continue to track over 1 GW per quarter, as domestic solar module sales surged 40 per cent to 997 MW during the quarter.Adani Solar (ANIL) is now the only Indian company in the top 10 global solar manufacturers.While AEL water business received a letter of intent (LoA) to develop the Mithi river project, ACX data centre operationalised 14.4 MW capacity, and now has an operational capacity of 50+MW.Adani Enterprises Q3 results FY26 HighlightsConsolidated financial highlights 9M FY26 (YoY)Revenue at Rs. 69,756 crEBITDA at Rs. 11,985 crPBT at Rs. 3,581 cr excluding exceptional gain of Rs. 9,215 cr for AWL stake sale andCement units to Ambuja Cements LtdAAHL Airports' EBITDA surpasses FY-25 full year EBITDA by 7% in nine monthsCapital market highlightsSuccessfully completed Right Issue raising Rs. 24,930 cr, sees oversubscription by 30% from marketRaised Rs. 1,000 cr through its 3rd public issue of NCDs in January 2026Business highlightsNavi Mumbai International Airport commenced operations from 25th DecemberTwo HAM Road projects operationalised, now have nine operational projectsAdani Solar (ANIL) only Indian company in Top 10 global solar manufacturersAEL water business received LoA to develop Mithi river projectACX data center operationalizes 14.4 MW capacity, now operational capacity 50+MW“With resilient execution and a clear strategic focus, Adani Enterprises has delivered a robust operating performance in the first nine months of FY26, reflecting the strength of our incubator model and the depth of our diversified infrastructure portfolio," said Gautam Adani, Chairman of Adani Group."The commencement of operations at the Navi Mumbai International Airport represents a landmark achievement, reinforcing our commitment to building nationally critical assets at scale and speed. Our continued progress across airports, renewable manufacturing, data centres and transport infrastructure, alongside strong capital market support through our successful rights issue and NCD offerings, positions us well to accelerate the next phase of growth. As India advances towards becoming a $5 trillion economy, AEL remains steadfast in its mission to incubate globally competitive businesses that combine economic value creation with sustainability, technological leadership and long-term national impact,” Adani said.Adani Enterprises Q3 results: Business UpdatesAdani New Industries (ANIL - Green Hydrogen Ecosystem)Module sales continue to track over 1 GW per quarter. Domestic Solar Module sales surge 40% to 997 MW during the quarter on YoY basisWind division started 3.3MW WTG model supply, 12 sets supplied during the quarterAdaniConnex Pvt Ltd (ACX - Data Center)Pune data center phase I with 9.6 MW capacity operationalHyderabad data center phase II 4.8 MW capacity operationalAdani Airports Holdings Ltd (AAHL - Airports)Greenfield Navi Mumbai International Airport commenced operations from December 25, 2025 with phase I capacity of 20 mn pax per annumNew Integrated terminal building inaugurated at Guwahati airportDuring the quarter 7 new routes, 9 new flights and 1 new airline addedAdani Road Transport Ltd (ARTL - Roads)Operationalized two HAM road projects, now have nine operational projects--Vijayawada Bypass project in the state of Andhra Pradesh--Badakumari Karki project in the state of Odisha

HAL Shares Price: PSU stock plunges 8% as aerospace firm misses AMCA fighter jet race
Feb 4, 2026

HAL Shares Price: PSU stock plunges 8% as aerospace firm misses AMCA fighter jet race

HAL Share Price Target: Shares of Hindustan Aeronautics Limited (HAL), India’s state-owned aerospace and defence giant, nosedived 8 per cent on Wednesday, February 4, after news that the company is no longer in contention to develop India’s next-generation stealth fighter jet under the Advanced Multirole Combat Aircraft (AMCA) programme.HAL, a key constituent of the BSE 100, has a market capitalisation of Rs 2,80,674.84 crore as of February 4. The firm operates under the Ministry of Defence, making it one of India’s prominent public sector undertakings in the aerospace and defence sector.HAL Out of AMCA RaceAccording to The Economic Times, Larsen & Toubro, Bharat Forge, and Tata Advanced Systems have been shortlisted to manufacture India’s next-generation fighter jets, while HAL was excluded from the final list.The final winner for the AMCA programme is expected to be selected within the next three months, following submission of detailed commercial proposals for prototype manufacturing. Shortlisting criteria included technical expertise, manufacturing capabilities, order book position, and financial strength, alongside the ability to absorb the AMCA design and demonstrate experience in development, engineering, manufacturing, integration, and testing. Companies with large outstanding order books were reportedly at a disadvantage, ET said.The selected company will partner with the Aeronautical Development Agency (ADA) to build five AMCA prototypes, with an indicative budget of Rs 15,000 crore earmarked for prototype development. Production orders are expected to be several times larger once the aircraft is successfully inducted into the Indian Air Force.HAL Share Price MovementAs of 1:00 pm on February 4, HAL shares were trading 6.2 per cent down at Rs 4,195.15, having touched an intraday low of Rs 4,100.15 from the previous close of Rs 4,471.95.HAL Stock performanceShares of Hindustan Aeronautics Limited (HAL) have seen mixed performance across timeframes. The stock dropped 9.23 per cent in 1 week and 10.36 per cent over 3 months, but gained 12.58 per cent in 1 year and surged 760.24 per cent over 5 years, reflecting strong long-term growth.How Competitors ReactedLarsen & Toubro Ltd (L&T) traded 1 per cent higher at Rs 4,078, reaching an intraday high of Rs 4,108.Bharat Forge surged over 2 per cent to Rs 1,572.30 following the news.(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)

Rs 252 Dividend! ITC, Gillette India, Great Eastern Shipping and 11 others - Record date on Feb 4
Feb 4, 2026

Rs 252 Dividend! ITC, Gillette India, Great Eastern Shipping and 11 others - Record date on Feb 4

Dividend Paying Stocks India: A number of companies have declared interim dividends for their shareholders for the financial year 2026-27. The cash rewards were declared over a period of time along with quarterly results. Notably, the record date of the corporate action has been fixed, and this story lists all dividend stocks with record date on February 04, 2026. Dividend Stocks February 2026As per BSE corporate actions data on its official website, 14 companies have a dividend record date on Wednesday (Feb 4). ITC, Gillette India Ltd, Great Eastern Shipping Company Ltd, Coromandel International Ltd, Flair Writing Industries Ltd and 9 others are on the list. In total, Rs 252.10 will be given by these companies. The data has been sourced from the BSE website as of February 3, 2026. Dividend Paying Stocks India (Record Date on February 4, 2026)Alldigi Tech Dividend 2026 The company declared an interim dividend of Rs 30. Apcotex Industries Dividend 2026 Interim Dividend of Rs 2.50 has been announced for shareholders. Carborundum Universal Dividend 2026 Interim dividend of Rs 1.50Coromandel International Dividend 2026Interim dividend of Rs 9 for shareholders.Crizac Dividend 2026Interim Dividend for FY26 Rs 8. Dolat Algotech Dividend 2026 Interim dividend of Rs 0.10 Flair Writing Industries Dividend 2026 Interim dividend of Rs 0.50. Great Eastern Shipping Company Dividend 2026 Interim dividend of Rs 9 for financial year FY26. Gillette India Dividend 2026 An interim dividend of Rs 120 and a special dividend of Rs 60 has been announced. Indian Energy Exchange Dividend 2026 Interim dividend of Rs 1.50. ITC Dividend 2026 Interim dividend of Rs 6.50. KPIT Technologies Dividend 2026 Interim dividend of Rs 2.25. MAS Financial Services Dividend 2026 Interim dividend of Rs. 1.25. What is the record date? The record date is the cutoff date set by the company to determine which shareholders are eligible to receive the dividend. If your name appears in the company's register of shareholders as of the close of business on the record date, you qualify for the dividend. What is the difference between interim and final dividends? An interim dividend is declared and paid during the financial year (often quarterly or half-yearly). A final dividend is declared after the year-end results and approved at the AGM. Both are treated similarly for eligibility and taxation. If you sell shares on the record date, are you still eligible? Yes, as long as you were a shareholder on the record date (end of day), you remain eligible-even if you sell on or after that date. The dividend entitlement is based on ownership as per the company's books on the record date. (Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)

SC raps Meta, WhatsApp over 2021 privacy policy; says 'you can't play with privacy of citizens'
Feb 4, 2026

SC raps Meta, WhatsApp over 2021 privacy policy; says 'you can't play with privacy of citizens'

The Supreme Court on Tuesday strongly criticised Meta Platforms and its messaging service WhatsApp over the 2021 privacy policy, making it clear that the right to privacy of Indian citizens cannot be compromised for commercial gains, reported PTI.Hearing a batch of appeals related to the Competition Commission of India’s (CCI) action against WhatsApp, the top court took exception to the platform’s “take-it-or-leave-it” approach, under which users were compelled to accept expanded data-sharing terms with Meta in order to continue using the service.A three-judge bench observed that private data cannot be monetised at the cost of constitutional rights and warned that companies operating in India must strictly adhere to the country’s legal framework. “You cannot play with the privacy of our citizens. If you want to do business here, you must follow the Constitution,” the court remarked, sending a clear message to global technology companies, as per PTI report.Policy forced users into consentWhatsApp’s 2021 policy update removed earlier opt-out options and mandated data sharing with Meta’s ecosystem, including Facebook and Instagram. The CCI later ruled that the policy amounted to an abuse of dominant market position, arguing that users had no meaningful choice but to accept the terms if they wished to continue using the platform.The regulator imposed a penalty of Rs 213.14 crore on WhatsApp and also ordered restrictions on data sharing for a period of five years. While the National Company Law Appellate Tribunal later stayed some of the operational restrictions, it upheld the fine, acknowledging concerns around user consent and competition.Court flags surveillance and targeted adsDuring the hearing, the Supreme Court expressed concern over how user data could be used for behavioural profiling and targeted advertising. The bench noted instances highlighted in court where individuals reportedly received advertisements linked to sensitive personal conversations, raising serious questions about the boundary between private communication and commercial exploitation.The judges also questioned the validity of consent obtained through complex terms that ordinary users — including small traders, rural users and first-time internet adopters — may not fully understand.Privacy vs big tech monetisationThe court emphasised that consent obtained through coercive policies cannot be treated as informed or voluntary. It underscored that messaging platforms enjoy deep access to personal lives and must therefore be held to higher standards of accountability.As an interim measure, the Supreme Court restrained WhatsApp from sharing user data with Meta or third parties until further orders, signalling its firm stance on safeguarding digital privacy.The case is being closely watched as it could set a landmark precedent on how global technology firms handle user data in India, reinforcing the principle that privacy is a fundamental right not a negotiable business asset.

Apple’s first foldable iPhone design leaked; 7.8-inch display and touch ID can be highlight
Feb 4, 2026

Apple’s first foldable iPhone design leaked; 7.8-inch display and touch ID can be highlight

Apple’s first foldable iPhone design Leak Signals a Major Shift in iPhone EvolutionApple’s long-rumoured entry into the foldable smartphone segment appears to be edging closer, as a newly surfaced design leak offers an early look at what could be the company’s first foldable iPhone. The leaked visuals, shared online, hint at a premium, book-style foldable device that could mark one of the most significant design shifts in the iPhone’s history.According to The Times of India, the leaked design suggests that Apple is working on a foldable iPhone that opens like a book, bringing a tablet-sized display into a smartphone form factor. The report notes that the device “may offer a design similar to Samsung’s Galaxy Z Fold series, but with Apple’s own refinements.”Refined Layout and Familiar Apple Design LanguageThe leak indicates that Apple is maintaining its minimalist approach while rethinking button placement to accommodate the foldable form. The Times of India reports that the volume buttons are positioned on the top edge, aligned toward the right, a layout reminiscent of the iPad mini. Meanwhile, the power button, which is also expected to house Touch ID, and the camera control buttons remain on the right side of the device, while the left edge is completely clean.On the exterior, the foldable iPhone is said to feature an iPhone Air-style camera plateau with two horizontally aligned cameras, a microphone, and a flash. Notably, the report adds that the camera module may be finished in black regardless of the phone’s body colour, giving the device a distinct visual identity.Display changes and biometric shiftDisplay-related changes appear to be a key focus of Apple’s foldable plans. The Times of India notes that the leaked design shows a smaller Dynamic Island, enabled by a single punch-hole front camera, which would increase usable screen space on both the outer and inner displays.In a notable departure from recent iPhone models, the foldable iPhone is also expected to bring back Touch ID, potentially integrated into the power button. This move could offer users an alternative to Face ID, especially when using the phone in folded or partially folded modes.The report further suggests that the inner foldable display could measure around 7.8 inches, effectively turning the iPhone into a compact tablet when unfolded.Build, colours and launch timelineFrom a materials standpoint, Apple is expected to rely on a combination of titanium and aluminium, ensuring durability while keeping the device lightweight — a crucial factor for foldable smartphones. As per The Times of India, the foldable iPhone may initially launch in white and one additional colour option, aligning with Apple’s understated aesthetic.While Apple has not confirmed any official timeline, industry speculation cited by The Times of India points to apossible 2026 launch, giving the company ample time to refine hinge durability and display technology before entering the foldable market.Strategic move into foldablesApple’s entry into foldable smartphones could significantly reshape the segment, which is currently dominated by Android manufacturers. By focusing on design consistency, biometric flexibility, and a refined user experience, Apple may aim to position its foldable iPhone as a premium productivity-focused device rather than a novelty.As The Times of India highlights, while these details remain based on leaks, they collectively suggest that Apple is preparing a carefully engineered, late-entry foldable iPhone — one designed to meet the company’s exacting standards rather than rushing to market.

What is PM Surya Ghar Muft Bijli Yojana? Over 26 lakh households benefiting from the scheme - Eligibility, benefits, and how to apply - Explained
Feb 4, 2026

What is PM Surya Ghar Muft Bijli Yojana? Over 26 lakh households benefiting from the scheme - Eligibility, benefits, and how to apply - Explained

PM Surya Ghar Muft Bijli Yojana: The government has announced that PM Surya Ghar Muft Bijli Yojana is now benefitting over 26.14 lakh households from free electricity through rooftop solar installations. According to the latest data released by the PIB under the Ministry of New and Renewable Energy, a total of 20,85,514 rooftop solar systems have been installed across the country since the scheme’s launch in February 2024. This has translated into direct benefits for 26,14,446 households and the disbursement of Rs 14,771.82 crore in Central Financial Assistance (CFA) as of December 31, 2025.Key Highlights of Progress as of 31 December 2025Gujarat: 5,15,052 installations benefiting 7,41,819 households, CFA: Rs 3,845.60 croreMaharashtra: 3,91,887 installations benefiting 6,34,782 households, CFA: Rs 2,787.59 croreUttar Pradesh: 3,26,386 installations benefiting 3,29,847 households, CFA: Rs 2,234.63 croreKerala: 1,77,392 installations benefiting 1,82,071 households, CFA: Rs 1,275.36 croreRajasthan: 1,19,006 installations benefiting 1,22,027 households, CFA: Rs 823.12 croreWhat is PM Surya Ghar Muft Bijli Yojana?PM Surya Ghar Muft Bijli Yojana is a major government scheme that the Indian Government launched in 2024 to promote the use of solar energy on the rooftops of residential homes. Through this scheme, qualified households can put up a solar panel on the rooftop of their home that is connected to the grid and be allowed free electricity for a maximum of 300 units every month.The Ministry of New and Renewable Energy (MNRE) is in charge of executing this project, which has a budget of Rs 75,000 crore, envisaging the welfare of one crore households all over the country. Besides, it is a win-win situation for the users as they can cut down or completely do away with their electricity bills and, at the same time, contribute to the national effort to switch to clean and sustainable energy sources.ObjectivesEncourage Use of Renewable EnergyProvide Cheap Energy Access to CitizensHelp India Comply with Global Energy AgreementLower Greenhouse Gas EmissionsEconomic Empowerment of the PeoplePromotion of Local Solar Panel ManufacturingKey benefits of PM Surya Ghar Muft Bijli YojanaThe PM Surya Ghar Muft Bijli Yojana offers various financial, environmental and sustainable benefits for households in India.1. Free Electricity for up to 300 Units in a MonthFamilies will get free electricity for up to 300 units in a month under the programme. This will save families thousands of rupees on their yearly bills. It will ease the burden of escalating energy costs for families in the middle and lower classes.2. Attractive Government SubsidyUp to Rs 78,000 has been set aside by the government to assist with the cost of installation for rooftop solar panels. This subsidy helps reduce the overall cost of the installation and will be credited to the beneficiary's bank account after they are verified, ensuring full transparency.3. Sustained Financial BenefitSolar panels will last for 20–25 years and require very little maintenance and will produce energy throughout that period. Households will recover the cost of installation within a few years and can then obtain free electricity thereafter.4. Gain from Surplus Power GenerationUsers can sell excess electricity back to the grid, as allowed by net metering regulations. This further decreases reliance on traditional energy sources and will enable homeowners to earn money or credits.5. Promotes Clean and Green EnergyThe programme supports India in transitioning to renewable energy sources and decreasing greenhouse gas emissions and pollution. Switching to solar power allows families to contribute to a clean, greener energy future.Eligibility CriteriaApplicants must fulfil the following criteria to be scheme beneficiaries:Indian CitizenshipThe applicant should be an Indian citizen and a permanent resident of the state or union territory where it is proposed to set up the rooftop solar.Residential Property OwnershipOnly the owners of residential houses are allowed. The property must have a rooftop that is suitable for the installation of solar panels. Tenants or renters cannot apply unless the property owner gives them consent.Valid Electricity ConnectionApplicants should be the holders of a domestic electricity connection in their name, and it should be active. This connection has to be with a recognised DISCOM (Distribution Company) in the particular state.Rooftop Availability and FeasibilityThe house has to ensure that there is enough roof space, which is properly exposed to sunlight and without any shade so that the solar panels can be affixed there.Income CategoryAlthough the programme is accessible to all qualified homeowners, the priority is given to low- and middle-income families to provide them with free electricity benefits that are fair.Non-Availing of Similar BenefitsApplicants should not have obtained any other central or state subsidies for rooftop solar systems previously. It provides for the fair allocation of the scheme’s benefits.Bank Account for Subsidy TransferAfter the completion of the installation and subsequent verification, the subsidy amount will be given directly to the recipient through their valid bank account linked with Aadhaar, which is mandatory.Compliance with Technical StandardsThe installation of the rooftop solar system should be carried out by vendors approved by MNRE, and the system must be in line with the safety regulations and performance standards set by BIS and DISCOM.Documents RequiredTo apply for the scheme, applicants need to keep the following documents ready for online submission:Aadhaar Card – For identity verification and beneficiary authentication.Recent Electricity Bill – To confirm the connection details and consumption.Property Ownership Proof – Sale deed, registry, or property tax receipt showing ownership.Bank Passbook or Account Details – For direct transfer of the government subsidy.Passport-Size Photograph – For applicant identification and records.PAN Card – For financial verification and subsidy processing.Mobile Number & Email ID – For registration, OTP verification, and communication.Vendor Consent Form (if applicable) – For installation approval through an MNRE-registered vendor.How to Apply for PM Surya Ghar Muft Bijli Yojana?Users of electricity from renewable energy can use a free rooftop solar electricity opportunity by following these six simple steps:Step 1: Explore the Official Portal - Tap into the official website URL: https://pmsuryaghar.gov.in.Navigating to the site, you will see “Apply Now” or “Register” options; click on any one of these.Step 2: Set Up Your Account - Creating an account is done by your mobile number and email ID. The OTP that is sent to your mobile number should be used for verification. Step 3: Fill Personal and Property Details - To identify yourself, give your Aadhaar number, electricity connection details, and the place where you want to set up the solar panel.Step 4: Upload the Documents - Allow us to access your documents, such as Aadhaar Card, electricity bill, property ownership proof, bank details, and photo after scanning and then uploading them.Step 5: Choose a Vendor with Approval - Select an MNRE-approved solar installation dealer from the portal's vendor list. Vendors are accountable for installation, inspection, and upkeep.Step 6: Send In Your Application - Once you are through with entering all the data and have it double-checked, click “Submit”. It will be possible for you to keep a record of the transaction by means of an application ID that will be your confirmation receipt.Step 7: Validation and Green Light - The application, together with papers, is to be checked by DISCOM officers and other authorised personnel. Once granted, installation will be scheduled.Step 8: Solar Panel Installation - According to the set standards of MNRE and DISCOM, the vendor that you have selected will be installing the rooftop solar system. You should confirm that the installation is being carried out properly and also take pictures of the installation for proof.Step 9: Subsidy Release - If everything is in order after the installation verification, the government subsidy shall be given to the applicant’s bank account, which is linked with the scheme.Step 10: Take Advantage of Free Electricity - Once the activation process is over, you will be able to exploit up to 300 units of free power every single month and keep an eye on your energy output through net metering.

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Nifty today: Gift Nifty signals tepid start; check support, resistance levels - MCX, Bandhan Bank, CEAT top picks by analyst
Feb 4, 2026 • etnownews

Nifty today: Gift Nifty signals tepid start; check support, resistance levels - MCX, Bandhan Bank, CEAT top picks by analyst

Nifty Today Prediction: A day after the India–US trade deal announcement sparked a euphoric rally, Indian equities are set for a tepid start on Tuesday, February 4. Early indicators signal to a flat opening today, with GIFT Nifty trading just 13 points or 0.05 per cent higher at 25,800 around 8 AM.Overnight, Wall Street ended sharply lower as tech selloff dragged down stocks from record levels investors worried about AI disruption. The S&P 500 fell 0.84 per cent to 6,917.81 and the Nasdaq 100 slid 1.55 per cent to end at 25,338.62. The bluechip Dow Jones lost 0.34 per cent to settle at 49,240.00.Asian stocks too were on shaky ground on Wednesday morning, tracking steep losses in the US markets. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.2 per cent while Japan's Nikkei fell 1.23 per cent. South Korea's technology-heavy KOSPI fell 0.14 per cent while stocks in Taiwan shed 0.68 per cent. Hong Kong shares dropped 0.45 per cent.Nifty Support And Resistance Today Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said that Nifty witnessed massive uptick on Tuesday on the news of India-US trade deal. On the daily chart, Nifty formed a long red candle after opening higher. Nifty closed higher by leaving unfilled gap within 25108-25641 levels (533 points of unfilled gap). "This is significant breakout of bulls after few weeks of sharp downward correction. As per gap theory, if said opening gap remains unfilled for the next 3-4 sessions, then that could be considered as a bullish breakaway gap, which are normally formed in the middle of a sustained uptrend," the expert said."The underlying trend of the market remains positive. As long as Nifty stays above 25600, there is a higher probability of it heading higher towards the hurdle of 26000 and next 26300 in the near term. Immediate support is placed at 25600," he added. According to Om Mehra, Technical Research Analyst, SAMCO Securities, selling pressure emerged during Tuesday's trade at higher levels after the initial gap-up. The index may have reclaimed all the major moving averages, it however, slipped below the Supertrend level near 25,850, suggesting that the recovery has not yet fully transitioned into a sustained uptrend.Nifty has immediate support at 25,500, followed by 25,400. On the upside, 25,900 remains the first resistance, followed by the 26,000, the expert said. "The sharp intraday swings witnessed during the session suggest that volatility may remain elevated, with two-sided moves likely in the coming session," the analyst added.Earlier on Tuesday, both the benchmark indices Sensex and Nifty 50 zoomed 2.5 per cent each after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent. The 30-share BSE barometer closed at 83,739.13, up 2,072.67 points or 2.54 per cent, logging its best single-day gain in the past eight months. Likewise, the 50-share NSE Nifty zoomed 639.15 points or 2.55 per cent to settle at 25,727.55.Stocks To Buy Today Meanwhile, ET NOW panelist Kunal Bothra has recommended three stocks to buy today for short-term. The three stocks are: MCX, Bandhan Bank and CEAT.MCX Target Price: Rs 2560, Stop loss at Rs 2375Bandhan Bank Target Price: Rs 161, Stop loss at Rs 151CEAT Target Price: Rs 4000, Stop loss at Rs 3820(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)