Latest Stock Market News

Adani Power’s stock has fallen 12.26% over the past year and 24.32% in the last six months. However, the shares have bounced back with a 14.36% increase in the last three months and a 3.72% gain over the past week.

Bitcoin plunged to $85,000, down 22% from its January peak, prompting Robert Kiyosaki to reaffirm his bullish stance on the cryptocurrency. Despite the drop, Kiyosaki views it as an opportunity to buy more, emphasizing that the true issue lies with the global monetary system, not Bitcoin itself. He continues to favor Bitcoin, gold, and silver over fiat currency.

Robert Kiyosaki remains bullish on silver, calling it the best investment as it trades 50% below its all-time high. He predicts silver could double to $70 an ounce, emphasizing inflation s impact on fiat currency. He advises investing in gold, silver, and Bitcoin over traditional savings, citing government-driven wealth erosion.

Japan s Nikkei share average slightly rose 0.15% after previous declines, despite chip company Advantest falling. Nvidia s firm results did not significantly impact market sentiment. Advantest and Socionext had mixed performances. Major movements included Seven & I Holdings falling and Nissan Motor rising amid CEO replacement speculations.

On Wednesday, both gold and silver closed on a positive note in domestic and international markets. The gold April futures contract settled at Rs 85,874 per 10 grams, gaining 0.26%, while the silver March futures contract settled at Rs 94,641 per kilogram, rising by 0.84%.

Leading brokerage firms have recommended several stocks with significant growth potential in the next 12 months. Notable mentions include Varun Beverages, HDFC Life Insurance, and HealthCare Global Enterprises, which are expected to provide returns ranging from 18% to 42%. These recommendations highlight attractive investment opportunities across diverse sectors.

Axis Securities recommends a buy on Varun Beverages with a target price of Rs 710, highlighting the company s strong growth momentum bolstered by strategic acquisitions, expansion of product portfolio, and increased distribution reach. Financial results show a dip in quarterly income but significant year-on-year growth, with current promoter holdings at 60.2%.

For the size of UltraTech, the balance sheet and the presence it has in the cement looks like a small investment of about Rs 1,800 crore. So, I do not think for UltraTech, it is going to move the needle too much.

Starting February 28, 2025, 16 stocks including United Breweries and PVR Inox will exit the derivatives segment, trading only in the cash market. February 27 is the last day to trade their F&O contracts. The exclusion follows the December 20 announcement by NSE.

NTPC Green share price: Year-to-date (YTD), NTPC Green Energy shares have dropped by 24.95%, showing a substantial decline over the period. The stock has fallen by 21.54% over the past three months and by 11.5% in the last month alone.