Latest Stock Market News

ICICI Securities Vinod Karki suggests India s growth prospects are improving relative to China and the US, potentially attracting more investment. He highlights value in financials and commodities, driven by growth and pricing improvements. Karki anticipates bilateral trade agreements will prevent a severe global recession, favoring industrial, financial, and discretionary consumption sectors for investors.

Bajaj Housing Finance is expected to announce strong Q4 results, with Kotak Equities projecting a 61% profit surge to ₹613 crore and a 34% NII increase to ₹844 crore. AUM growth is anticipated to be around 5.6% QoQ, while NIM is expected to remain stable. Ventura suggests a positive uptrend for Bajaj Housing stock, setting a target of ₹170.

Mobius also said India has a unique opportunity to take over global supply chains, but added that this would require urgent liberalization of its investment and trade frameworks.

ICICI Securities downgrades Tata Elxsi to Reduce with a revised target price of Rs 4250, citing muted Q4FY25 results and structural macroeconomic concerns. Despite new large deals and optimism for Q1FY26, revenue contracted by 5.3% QoQ. The brokerage maintains its estimates, tweaking FY26E EPS slightly, while recommending Reduce based on a 30x forward PE.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Equity markets always come along with their fair share of excitement and volatility. For a long-term investor, these events provide a clear opportunity to add quality stocks to their portfolio and be part of businesses that will show growth when the tide turns over.

I think on fundamentals alone the broader financial services sector presents attractive opportunities in insurance, wealth management etc. where we are seeing the structural trend in financialization playing out. Our investing style remains sector agnostic though.

Tata Communications shares: The board has recommended a final dividend of Rs 25 per share (250% on a face value of Rs 10) for FY25. The dividend will be paid after shareholder approval at the upcoming annual general meeting.

Cyient DLM shares: For the quarter ending March 2025, the company reported consolidated revenue of ₹428 crore, reflecting an 18.3% year-on-year increase. EBITDA rose by 50.9% YoY to ₹57.4 crore, with the EBITDA margin expanding by 290 basis points to 13.4%.