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Indian markets are likely to open higher on Tuesday, driven by positive global cues. The Nifty futures gained 1.45%, closing at 23,720, with India VIX rising nearly 9%. Options data suggests a broad trading range between 23,000 and 24,000. Experts recommend stocks like Bajaj Finserv, Bharti Airtel, and Divi s Laboratories for short-term trading.

Britannia Industries shares are in focus as the company reports partial disruption at its Jhagadia plant due to a strike. Despite this, Q3FY25 earnings showed a 4.5% rise in net profit to Rs 582 crore. Analysts have set an average target price of Rs 5,287, indicating a 10% upside. The stock has fallen 23% in the last six months.

Indian benchmark indices have traded higher for the seventh consecutive session, driven by gains in banking and IT stocks. The BSE Sensex rose 265 points, while the Nifty50 gained 80 points, following U.S. President Donald Trump s indication of potential tariff exemptions for various countries.

JM Financial gives a buy call on Bharat Heavy Electricals with a target price of Rs 358. The current price is Rs 214.75. BHEL operates in the Engineering sector and has reported a total income of Rs 7385.00 crore and a net profit of Rs 116.44 crore for the quarter ended 31-12-2024. Promoters hold a 63.17% stake.

Foreign investors net purchased $515 million worth of stocks during the week ending March 21, according to data compiled by Bloomberg. This inflow, which includes passive flows from the FTSE All World Index rebalancing, contributed to the NSE Nifty 50 Index wiping out its year-to-date losses on Monday.

Ajay Bagga, market expert, highlights signs of economic recovery in India, mentioning the end of an earnings recession and a return of government capex. The Nifty and Bank Nifty indices gains signal investor optimism. He s confident about continued FII flows, financials, and industrials, with positive expectations for PSU banks despite past challenges.

IREDA shares rose 4% to Rs 176.80 on the BSE, ahead of its board meeting to discuss the borrowing plan for FY 2025-26. The company had earlier notified in a filing that the meeting, scheduled for the same day, would consider matters related to the borrowing plan as per SEBI s regulations.