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On Tuesday, gold and silver ended on a positive note in both domestic and international markets. The gold April futures contract finished at Rs 80,899 per 10 grams, up by 0.92%, while the silver March futures contract closed at Rs 91,051 per kilogram, gaining 0.91%.

I would not look at too much into one quarter here and there, but the expansion of the market, irrespective of what is happening to mid or smallcap, of course, if they are frothy they are correcting.

Netweb Technologies share price: The rally came after the company reassured investors, stating that the emergence of DeepSeek would actually drive broader AI adoption, opening up new opportunities rather than posing a competitive threat.

Kotak Multicap Fund has a Nifty500 50:25:25 as its benchmark which means that the benchmark has 50 percent weight in large cap, 25 percent in midcaps and 25 percent in smallcaps.

GMR Airports share price: Revenue from operations grew by 19.2% year-on-year to Rs 2,653.2 crore in Q3 FY25, up from Rs 2,226.7 crore in Q3 FY24, primarily driven by higher passenger numbers and tariff adjustments. Expenses also increased to Rs 1,661.5 crore from Rs 1,558.1 crore, reflecting the impact of ongoing expansion projects.

Mahanagar Gas Ltd (MGL) reported a 30% YoY decline in net profit for Q3FY25, mainly due to reduced gas allocation under the administered price mechanism (APM). Despite this, revenue from operations grew by 17.8%, and EBITDA fell by 21%. Brokerages maintain "Outperform" ratings, with CLSA setting a target price of Rs 1,710 and Macquarie at Rs 1,280.

The Indian market is expected to trade higher on Wednesday, supported by positive global cues. Nifty futures gained 0.63% on Tuesday, with key options data indicating a broader range between 22,500 to 23,500. Experts recommend stocks like JK Cement, Indian Bank, Varun Beverages, Tata Steel, and HDFC Life for short-term trading, with specific targets and stop losses.

HDFC Securities has issued a reduce call on Indian Oil Corporation (IOC) with a target price of Rs 124 due to margin pressures from increasing petchem supplies, lower refining margins, and moderation in auto fuel marketing margins. Despite a rise in quarterly total income, IOCL reported weaker earnings impacted by low refining margins and inventory loss.

ITC Hotels, which has been demerged from ITC effective from January 6, has been a dummy entity in indices with a static price of around Rs 260.