Latest Stock Market News

Following market volatility due to tariff concerns, analysts suggest focusing on domestic-oriented sectors like banking, power, and healthcare. India s lower export dependency and resilient macro setup offer a safe haven. Experts recommend a diversified portfolio with stocks like Reliance, TVS Motor, and ICICI Bank, anticipating growth and outperformance in a post-tariff environment.

State Bank of India has slashed its External Benchmark Based Lending Rate and Repo Linked Lending Rate by 25 basis points, following the RBI’s repo rate cut to 6.25%. Effective April 15, the move is set to ease EMIs for retail borrowers and could buoy rate-sensitive stocks. SBI shares had closed 1.7% higher ahead of the announcement.

Amid market volatility, experts suggest four stocks for potential short-term gains. Bharti Hexacom shows buying interest with a target of Rs 1,580. MedPlus Health exhibits a bullish trend, aiming for Rs 875. NTPC displays a trend reversal pattern, targeting Rs 430 and Rs 480. Kaynes Technology indicates a breakout, potentially reaching Rs 6,150-6,800. These recommendations are based on technical analysis.

Motilal Oswal Financial Services maintains a neutral stance on KEI Industries. The target price is set at Rs 3,000. KEI Industries faces potential competition from UltraTech Cement and Adani Group. Despite this, business fundamentals remain strong. The brokerage anticipates a 16% EPS CAGR over FY25-27E. The stock trades at 33x/28x FY26E/27E EPS. Promoters hold 35.02% stake, while FIIs own 25.

Ahluwalia Contracts shares surged 7.5% following a substantial contract win from Godrej Properties for their Riverine project in Noida. Valued at Rs 396.5 crore (excluding GST), the project involves core and shell construction across multiple towers and associated facilities, slated for completion within 25 months.

Indian markets are set to open higher on Tuesday , buoyed by strong global cues and a 2.08% jump in Nifty futures. India VIX dropped over 6%, reflecting lower volatility. Analysts see the Nifty trading between 22,200–23,300. Technical charts hint at bullish momentum, with expert stock picks including Reliance, Bajaj Finance, NTPC, Titan, and Laurus Labs.

Dr. Reddy’s Laboratories shares: In a regulatory filing, the pharmaceutical giant addressed a Business Standard article dated April 13, which alleged that Dr. Reddy’s had cut its workforce costs by 25% due to margin pressures related to Revlimid.

Indian benchmark indices Sensex and Nifty50 witnessed a significant surge on Tuesday morning, fueled by widespread buying across various sectors. This rally was triggered by U.S. President Donald Trump s decision to exempt electronics from proposed tariffs, providing relief to global equities. The Sensex jumped 2.06%, while the Nifty50 climbed 2.09%.

ICICI Securities suggests buying Navin Fluorine International shares. The target price is Rs 4,490. Navin Fluorine s Q4FY25E revenue is expected to grow. The HPP segment will likely see increased revenue. Specialty chemicals and CDMO revenues are also projected to rise. EBITDA margin may improve. Promoters hold 28.44% stake, while FIIs own 18.55% and DIIs 16.81%.

The rupee surged 39 paise to 85.71 against the US dollar, fueled by strong domestic equity markets and low crude oil prices. The US administration s decision to suspend additional tariffs on India until July 9 also boosted the rupee. Despite foreign capital outflows, a weak dollar index further strengthened the local currency.