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Japan s Topix index hit an eight-month high, driven by financial stocks following stronger-than-expected inflation data, raising expectations for BOJ interest rate hikes. The index rose to 2,817.58, with Mitsubishi UFJ and Mizuho Financial leading gains, supported by the banking sector s performance.

Gurmeet Chadha, CIO of Complete Circle Consultants, mentions Polycab s valuation and market dynamics in the wires and cables industry. Despite new entrants like UltraTech and Adani, Chadha sees long-term growth potential due to rising power demand and infrastructure revival. He also highlights opportunities in defence, shipbuilding, financials, consumer discretionary spending, auto, and energy sectors.

JM Financial recommends buying Suzlon Energy with a target of Rs 71. Suzlon shows promising growth with its 5.9GW order book and expansion plans. The company posted robust financial results, with total income increasing significantly in the latest quarter and a net profit of Rs 387.76 crore. The manufacturing capacity is expected to grow, boosting investor confidence.

RIL shares: Reliance Strategic Business Ventures has entered into a share purchase agreement with Welspun Corp Limited (WCL) to acquire a 74% stake in Nauyaan Shipyard for Rs 382.73 crore.

A shift above the VWAP suggests a potential bullish trend, according to StockEdge.com s technical scan data.

Hero Motocorp shares: Euler Motors, operating in 30 cities across India, specializes in the design, manufacturing, sales, and servicing of electric three-wheelers. The company recently broadened its portfolio by launching its first electric commercial four-wheeler.

Sudip Bandyopadhyay of Inditrade Capital highlights the positive impact of auto price hikes on margins despite cost inflation, praises Bajaj Auto and Maruti, and advises caution with Ola Electric and Tata Motors. Opportunities in midcaps, defence electronics, cement, power, BFSI, and realty (including Phoenix, Oberoi Realty, and DLF) are noted.

Given the present uncertainty, we need to wait and watch on how the tariff situation evolves. However, it is likely that in the event of the imposition of the tariff, Indian companies may contemplate transferring all or part of these additional costs, as no other supplier can match the competitive pricing of Indian manufacturers.

Gold remains stable below its recent record high, driven by geopolitical uncertainty and signals of potential rate cuts by the Federal Reserve. Recent violence in Gaza and economic turbulence have also contributed to gold s rising appeal as a safe-haven asset.

U.S. stocks closed slightly lower on Thursday amid volatile trading as investors weighed new economic data and the Federal Reserve s policy statement against ongoing tariff concerns. The Fed kept interest rates unchanged and signalled future cuts, while economic indicators hinted at a slowing economy and cooling consumer sentiment.