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Citi s positive outlook is based on several key factors. The brokerage expects Indus Towers to experience strong growth over the next 1-2 years, primarily driven by new network rollouts from major telecom operators like Vodafone Idea and Bharti Airtel.

HDFC Securities has an Add call on Sonata Software with a target price of Rs 570, citing challenges like margin declines and account-specific issues affecting Q4. Despite healthy deal wins, the IITS growth engine is slowing. Promoters hold 28.17% stake, while FIIs own 12.29%. The company s revenue aspiration for FY27 seems ambitious amidst near-term growth struggles.

An uptrend signal occurs when the RSI value crosses above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are rising, indicating strengthening momentum in the stock price.

Shares of Easy Trip Planners fell by 5% after reporting a 26.3% decline in net profit for Q3 FY25, down to Rs 33.6 crore. Revenue from operations declined by 6.5% to Rs 150.5 crore. Gross booking revenue saw strong growth, particularly in non-air segments and the Dubai market.

Indian benchmark indices were down for the ninth consecutive session, with the BSE Sensex dropping 299 points and the Nifty50 declining 74 points. Key index players like Reliance Industries and Infosys weighed the market, while sectors like Auto and IT also saw declines. Noteworthy losses were reported by Rail Vikas Nigam Ltd and Easy Trip Planners.

ICICI Securities has upgraded Honasa Consumer to a buy with a target price of Rs 400. Honasa Consumer, a Small Cap FMCG company, reported a consolidated total income of Rs 536.72 crore for the quarter ending December 2024. The earnings estimates for the company remain unchanged, and key risks include competition and execution challenges.

The Nifty50 formed a triple bottom around 22,780 on the daily scale, indicating strong support. However, the red candle on both the daily and weekly charts signals a lack of strength in the upside recovery, according to experts.

Over the past four months, nearly two-thirds of recent IPOs have maintained their value, despite a general market decline. Strong investor interest and confidence in the future potential of newly listed companies have helped them weather the downturn better than established stocks.

The Indian rupee slightly appreciated on Monday, primarily aided by the strength of other regional currencies, although its rise was curbed by importers dollar demands and potential equity outflows. The rupee s 1-month implied volatility decreased, while Asian currencies benefited from a weaker dollar due to falling US retail sales and delayed trade tariffs.

JM Financial recommends buying Yatra Online shares with a revised target price of Rs 140 within a year. Yatra Online saw significant growth in total income from last year. Adjustments due to Globe Travels consolidation have influenced revenue and EBITDA forecasts. Promoters hold 64.46% stake, while FIIs and DIIs own smaller percentages.