Latest Stock Market News

Anand Rathi maintains its Buy rating on Sharda Cropchem, citing expectations of double-digit revenue growth and stable margins, with a target price of Rs 730, indicating a 30% upside potential.

Reliance Industries (RIL) shares have plummeted by 25% from their peak in July 2024, leading to massive losses for investors. Analysts see potential in a recovery due to expected growth in retail and Jio s strong performance, though the oil and gas sector s outlook remains weak.

The Nifty Auto index was trading 0.68 per cent up at 21101.4.

Despite strong earnings and a resilient residential upcycle, realty stocks remain under pressure, with Nifty Realty down 29% from its peak. FIIs continue to sell, and experts remain cautious on recovery. Regulatory risks, high interest rates, and unsold inventory add concerns. However, long-term investors may find opportunities as the sector stabilizes.

Ed Yardeni of Yardeni Research highlights the instability in Washington s policies, leading to market volatility. Despite this, Germany and other European nations are prompted to boost their defence and economic stimulus. China s additional consumer stimulus might result in better global economic growth. The US economy remains resilient, but uncertainty from the trade war persists.

Bitcoin fell 4.7% despite Trump’s executive order establishing a strategic Bitcoin reserve funded from seized assets. Investors reacted negatively as no fresh government purchases were planned. Ethereum dropped 6%, altcoins declined up to 10%. BTC rebounded after support at $84,700, with short-term consolidation expected.

Indian government bond yields are expected to remain largely unchanged on Friday as market participants await U.S. economic data. The data may influence the Federal Reserve s interest rate decisions. Local bond yields could see an increase due to the RBI s decision on bond purchases. Broad-based movement is likely next week after the U.S. jobs data release.

Vivek Paul of BlackRock, believes that India presents strong structural growth opportunities that make it a long-term winner

Additionally, another important indicator, the 20-period disparity index, is currently at 4%, a range that has historically preceded market recoveries.