DEMERGED ENTITY Siemens Energy lists at ₹2,840/sh vs discovery price of ₹2,478/sh ---------- KOTAK: Kotak Inst says markets have been bullish for the past 4 years. Lower oil price fiscal benefits now fading. Expects 12% Nifty 50 earnings growth in FY26. Positive on banks and NBFCs, though valuations now fair. Remains constructive on BFSI; notes consumer segment valuations remain elevated. ------ SCI , GE SHIPPING ; TANKER RATES DOUBLE AS SHIPOWNERS STEER CLEAR OF STRAIT OF HORMUZ -