Latest Stock Market News

JM Financial recommends buying Chalet Hotels with a target price of Rs 960, given its strong performance in the last quarter with a 21.21% increase in total income. Chalet Hotels, a mid-cap company in the Tourism & Hospitality sector, has also seen significant growth driven by economic trends and a strong propensity for travel.

Arvind Sanger discusses India s market performance amid global economic uncertainties, highlighting the role of domestic actions by the government, regulators, and central bank. He suggests patience for Indian investors, with opportunities in domestic consumption and high-quality financials, while noting potential challenges for Indian IT stocks due to AI advancements.

Deepak Shenoy, Founder of Capital Mind, predicts market volatility in the coming month due to global tariffs on steel and aluminium. He advises investors to be cautious, watch for positive trends, and avoid rushing into investments. He highlights sector-specific opportunities and emphasizes careful stock selection rather than a blanket market approach.

Anupam Rasayan India s shares will be in focus following a 10-year LOI with a Korean multinational for specialty chemicals worth $106 million, expected to commence from FY26. This deal highlights the company s strong R&D capabilities and presence in high-growth markets. CEO Gopal Agrawal emphasizes the company s commitment to innovation and reliability in global supply chains.

Syngene International announced acquiring its first biologics facility in the U.S. from Emergent Manufacturing for $36.5 million. This acquisition will boost Syngene s bioreactor capacity to 50,000 liters, enhancing its large molecule discovery and manufacturing capabilities. While the move is strategic, it may temporarily affect operating margins.

IndusInd Bank shares: The bank reported a 39% decline in its standalone net profit for the December quarter, falling to Rs 1,401 crore compared to Rs 2,298 crore in the same period last year. However, the profit after tax (PAT) exceeded analysts expectations, which had forecasted Rs 1,282 crore.

Citi analysts downgraded U.S. stocks to neutral and upgraded China to overweight, predicting the U.S. economy s growth might lag in the coming months. According to Dirk Willer, this change reflects a clearer view that U.S. exceptionalism is pausing. The overall equities stance remains neutral.

Mayuresh Joshi of Marketsmith India highlights potential triggers for Reliance s stock recovery, including de-merger news, sustainable telecom ARPU increases, and a possible Chinese recovery in downstream product prices. Additionally, he mentions prospects for the chemical and two-wheeler sectors, emphasizing agrochemicals and the potential impact of rural recovery on two-wheeler demand.

Japanese shares plunged over 2% on Tuesday, influenced by Wall Street s losses amid fears of a U.S. recession and a stronger yen. The Nikkei index fell to its lowest since mid-September, while the Topix hit its lowest since late October. Exporters like Toyota and Sony saw significant declines.