Latest Stock Market News

Gold prices experienced a dip of Rs 400 per 10 grams on Thursday due to profit booking, following a record high of Rs 95,935. Experts remain bullish, citing ongoing uncertainties, but caution against potential hurdles like tariff agreements. Analysts suggest a buy on dips strategy, anticipating resistance around Rs 99,000, while closely monitoring international prices and key support levels.

FIIs increased stakes in 10 Nifty500 mid-cap stocks in Q4 FY25, with notable hikes in IndusInd Bank, AWL Agri, and UPL, indicating growing foreign interest in select sectors.

Hero MotoCorp has announced a temporary production halt at four plants—Gurugram, Dharuhera, Haridwar, and Neemrana—from April 17 to 19 for maintenance and supply alignment. Production will resume on April 21. Despite a recent stock dip, the company reported strong FY25 sales, including a 200% surge in EVs and robust premium and global growth.

Angel One shares: The brokerage firm reported a 38% decline in profit after tax (PAT) on a quarter-on-quarter basis, falling from ₹281.5 crore in Q3 FY25.

The deal includes the transfer of 25.90 acres of freehold land and a constructed building, DLF Tech Park, with a gross leasable area of 10.54 lakh square feet in Kolkata.

"RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock.

Axis Securities suggests buying Jyothy Labs shares. The target price is Rs 405. The company s financials show a slight dip in quarterly income but an increase year-over-year. Growth is expected due to product mix improvements and cost management. Revenue, EBITDA, and PAT are projected to rise. Rising palm oil prices pose a potential risk.

HDFC Life s Q4FY25 performance is anticipated to show strong growth, with brokerages projecting a 10-17% YoY increase in annualised premium equivalent (APE), potentially reaching ₹5,510 crore. The value of new business (VNB) is also expected to rise by 10-14%. Sharekhan estimates a 31% YoY surge in profit after tax, while Nuvama is most bullish on APE and VNB growth.

Indian benchmark equity indices opened lower on Thursday, weighed down by IT stocks following Wipro s revenue decline forecast amid tariff concerns. The BSE Sensex fell by 0.39%, and the Nifty50 slipped by 0.49%. This downturn was further influenced by US Federal Reserve Chair Jerome Powell s warning about the risks of tariffs on growth and prices.

Amidst market volatility triggered by Donald Trump s policy shifts, Indian investors are navigating uncertainty in 2024. Experts advise a diversified risk management strategy, emphasizing long-term investments in sectors like cement, infrastructure, and rural consumption, which are less sensitive to global events. Defensive sectors and diversified conglomerates offer stability.