Latest Stock Market News

JM Financial has a hold call on Titan, setting a target price of Rs 3,550. Titan s Q3FY25 consolidated total income rose 21.92% QoQ and 24.95% YoY, with a net profit after tax of Rs 1047.00 crore. While revenue growth is expected to be strong, margin pressure and gold lease costs may lead to flat profit after tax year over year.

There is a significant focus on global diversification using Liberalised Remittance Scheme (LRS), Overseas Portfolio Investment (OPI)/ Overseas Direct Investment (ODI) route and integration of investments with migration decisions.

We do not predict market levels, what we focus on is valuations which are still above average. Small and mid-cap are expensive while large caps are in the fair value zone. We have an internal model for asset allocation which is used for equity allocation in some of our asset allocation strategies and that model is suggesting around 60-65% asset allocation to equity.

Indian pharmaceutical companies are crucial to the U.S. healthcare system, filling four out of every ten prescriptions in 2022. Reports indicate that Indian medicines saved the U.S. healthcare system USD 219 billion in 2022 and USD 1.3 trillion from 2013 to 2022. Over the next five years, Indian generics are expected to contribute an additional USD 1.3 trillion in savings.

Indian metal stocks faced a downturn following U.S. President Trump s increased import duties on Chinese goods, escalating trade war tensions. Lloyds Metals and Energy experienced the steepest fall, while Tata Steel, NMDC, NALCO, and SAIL also declined. The tariffs could divert Chinese steel exports to India, intensifying competition for local producers.

India s economy shows resilience amid tariff concerns, supported by domestic investor cash and weakening oil prices. DII buying has commenced, signaling a positive market outlook. Rate-sensitive sectors like BFSI and consumption are favored, while IT and defense require caution. Hospitality and aviation benefit from domestic tourism and lower crude prices.

Indian markets may consolidate on Wednesday amid muted global cues. Nifty50 bounced back from 21,800, forming a bullish candlestick. Analysts suggest a potential move toward 23,000, while India VIX signals heightened volatility. Experts recommend select stocks like Asian Paints and Berger Paints for short-term trades, advising cautious optimism ahead of the RBI policy outcome.

NBCC shares: NBCC has secured new work orders worth around Rs 120.90 crore in its regular business activities. The company has been awarded three major projects.

Indian benchmark indices Nifty50 and Sensex initiated Wednesday on a downturn, mirroring a global sell-off fueled by escalating trade tensions. Investors are keenly awaiting the Reserve Bank of India s policy decision, with expectations of a potential interest rate cut. Wall Street s overnight tumble, triggered by U.S. tariff confirmations on Chinese imports, further contributed to market unease.