Latest Stock Market News

Emkay Global Financial Services has recommended a Buy on Vedanta with a target price of Rs 575, up from the current market price of Rs 452.75. Vedanta showed strong financial performance with a consolidated total income increase of 2.21% quarter-on-quarter and 9.57% year-on-year, alongside a net profit of Rs 4,876 crore.

Metals and mining are prioritized for investment due to the global need for these resources. Domestic consumption, financials, and certain export sectors, including auto components and IT, require careful analysis. Bullish strategies are recommended after significant market corrections.

This occurrence is often interpreted as a potential bullish signal by traders and investors. Potentially indicating positive sentiment in the market

The Indian market is expected to open lower on Thursday as global cues remain weak following U.S. President Trump’s announcement of a 26% tariff on Indian imports. Analysts suggest a broader trading range for Nifty while highlighting key support and resistance levels.

The Trump administration s 26% tariff on Indian imports has led to a significant decline in Nifty Auto index stocks, impacting major companies like Balkrishna Industries and Tata Motors. This move is expected to pressure India s auto export sector, potentially affecting GDP and leading to cost increases and supply chain disruptions.

Rajeev Agrawal from DoorDarshi India Fund explains that Trump’s tariffs will start high to push negotiations and significantly impact the US consumer first. India, with a 26% tariff, is less affected compared to competitors like China, Bangladesh, and Vietnam, potentially benefiting India s export market. Short-term economic slowdown and inflation in the US are expected outcomes.

Gold futures at MCX surged to a lifetime high of Rs 91,423/10 grams due to safe-haven buying as the U.S. imposed new tariffs on Indian goods. Despite this, silver futures saw profit booking and fell by Rs 1,400 to Rs 98,361/kg.

Dabur India shares dropped after announcing flat consolidated revenue and a decline in operating profit margin for Q4 FY25 due to inflation and operating deleverage. Rural markets showed better growth, while brands like Homemade and Badshah performed well. Overall FMCG business faced challenges.

Donald Trump s recent tariffs have shaken global markets, but India remains relatively resilient, with its Sensex and Nifty showing minimal declines. Despite a 26% tariff, India s exports, particularly in IT services and pharmaceuticals, remain competitive. The country is poised to gain from China s tariff woes, although challenges remain, especially with potential U.S. recession risks and trade policy uncertainties.