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Venugopal Garre from Bernstein emphasizes recovery trading focusing on sectors like financials and utilities, which underperformed last year. With easing measures, tax cuts, and macro recovery on the horizon, there s potential for these sectors to improve. A diverse selection of larger companies is being made, aiming for specific stocks that show signs of normalisation.

Venugopal Garre projects a 12% Nifty return, shifting to a constructive outlook on India’s macroeconomy. He expects consumer sentiment to rise post-budget but sees selective investment opportunities in recovery trades like financials and consumer durables. While FIIs remain cautious, domestic institutions are set to play a larger role in driving market growth.

This marks Info Edge s first stock split, although the company had issued bonus shares in 2010 and 2012 at a 1:1 ratio. Over the past three years, Info Edge has also distributed Rs 66 per share in dividends.

Zomato s potential inclusion is anticipated to attract a substantial inflow of funds, estimated at $702 million, which could increase demand for its shares. The inclusion is expected to involve 261.8 million shares.

Citigroup Inc. and HSBC Holdings Plc are among the banks that have lowered their profit forecasts after the latest earnings reports from major Indian companies, including Adani Enterprises Ltd. and Tata Motors Ltd., fell short of expectations.

Bharti Airtel s third quarter earnings are expected to experience significant growth due to the consolidation of Indus Towers. Analysts predict a 109% YoY increase in net profit and a 17% rise in revenues. EBITDA is projected to grow by 15% YoY, with ARPU estimated between Rs 244-249. Factors to watch include 5G adoption, capex trajectory, and future tariff hikes.

Titagarh Rail Systems surged 6.9% after announcing management restructuring and new business divisions—Ship Building and Maritime Systems (SMS) and Safety and Signaling Systems (SSS). The company aims to expand in shipbuilding and railway safety sectors, leveraging its joint venture with MERMEC.

Angel One shares surged 6.3% after reporting a 28.3% YoY rise in option premium ADTO to Rs 85,000 crore. The client base grew 47.5% YoY to 30.13 million. However, overall ADTO declined 29.8% YoY, with cash and F&O turnover falling. Commodity ADTO surged 81.9% YoY to Rs 65,500 crore.

Asian Paints shares fell 5% after weak Q3 earnings, with net profit down 23% YoY. Brokerages slashed target prices, citing competition, pricing pressures, and demand slowdown. Some expect further declines, while Macquarie remains optimistic. The stock has dropped 27% in six months, with analysts divided on recovery prospects.