Typically, markets remain closed on Diwali, except for this one-hour trading session. During this time, investors and brokers make their first transaction of the year, symbolizing prosperity and growth. While the short session lasts for only an hour, it’s filled with sentiment-driven moves, often leading to increased volatility. Coal India | SBI Securities sees over 20% upside potential in Coal India with a price target of ₹593, driven by the company’s ambitious production goals—aiming for 838 million tonnes in FY25 and a notable 1 billion tonnes in FY26, following record production and offtake of 773.6 million tonnes and 753.5 million tonnes in FY24. Coal India is advancing its infrastructure via 72 First Mile Connectivity projects to boost mechanized coal transport, supported by a capex of ₹24,750 crore. Additionally, it’s enhancing cost efficiency by phasing out unviable underground mines and diversifying into non-coal minerals like graphite, a critical resource for electric vehicle...