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Indian Shares Gain on Optimistic CPI Data, MTNL Soars 14%

**Indian markets opened strong** as U.S. CPI data stokes interest rate cut hopes. The BSE Sensex and NSE Nifty saw moderate gains, led by key sectors. Notably, MTNL surged 14% following land monetization. However, some stocks, like IndusInd Bank and Ola Electric, faced declines.

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AI Rating:   6
The report discusses the recent opening of Indian stock markets on a positive note, largely attributed to tamer-than-expected U.S. CPI data, which boosts optimism regarding potential Federal Reserve interest rate cuts. This sentiment generally fosters a supportive investment climate, resulting in index gains. The **BSE Sensex increased by 190 points (0.2%)**, while the **NSE Nifty rose by 47 points (0.2%)**. Among individual company performances, **MTNL experienced a notable surge of 14%** after reports indicated it earned **2,134.61 crore** from the monetization of land and building assets, a significant boost that positively reflects on revenue generation and overall financial health. This type of revenue growth can enhance investor confidence in MTNL greatly. Additionally, **Bharat Electronics gained 2.4%**, fueled by securing a **Rs 2,463 crore** contract with the Ministry of Defence. This contract can contribute positively to both revenue growth and net income, depicting strong operational performance. Conversely, some companies faced declines. **IndusInd Bank's shares dropped by 2.3%**, which can be viewed negatively by investors, indicating potential concerns over performance or market sentiment. Similarly, **Ola Electric Mobility** indicated expectations for its auto business to breakeven by the next quarter, leading to a 1% fall in its shares, which may be viewed as a cautious outlook on profit margins or operational effectiveness. Also, **Power Finance Corporation's shares fell 1%** after its board approved a substantial borrowing plan of **Rs 1,40,000 crore** for 2025-26, which may raise concerns over future debt levels and the associated risks of profit margins.
Stocks:  MTNL BHEL ONGC ADANIGREEN