Latest Stock Market News

TVS Motor share price: The company launched the vehicles in Oaxaca, with plans to make them available to consumers next month through Motomex, its official distributor in the area.

Power Finance Corporation (PFC) shares are in focus after the company signed an agreement to provide Rs 26,800 crore in financing to Madhya Pradesh’s power utilities. The funding will support critical infrastructure projects, including solar power plants and thermal units. PFC shares have a target price of Rs 609, with analysts recommending a "Strong Buy."

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The 200 DEMA is a trend indicator that smooths out price data, giving more weight to recent prices, over a long-term (200-day) period.

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GE Power share price: GE Power initially secured the main contract in April 2022, valued at Rs 863.4 crore ($113 million), to supply and install electro-mechanical packages for 3 x 320 MW + 2 x 160 MW (totaling 1,280 MW) vertical Francis pump turbine fixed-speed machines.

Nifty is concluding February with its fifth successive monthly drop, the longest since its inception in 1996, eroding Rs 85 lakh crore in investor wealth since September. Despite continued foreign outflows, historical patterns suggest FII selloffs tend to subside within a few quarters.

Nifty has suffered five consecutive monthly losses, marking its longest losing streak since its inception in 1996. Analysts suggest that March s positive seasonality, seen in seven out of the past ten years, may offer hope. However, global developments and a lack of short-term trend drivers could impact recovery.

ET Bureau has put together a list of top 10 stocks that are trading above their 200 DMA in a weak market, potentially sustaining their long-term upward momentum

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JM Financial recommends buying Global Health shares, targeting Rs 1465 from the current price of Rs 1207.05. With a strong three-year expansion plan, Global Health aims to add ~3,000 beds by 2028. They forecast a 19% CAGR in revenue and significant EBITDA growth. Promoters hold 33.03% stake, FIIs 12.48%, and DIIs 10.51%.

Sandip Sabharwal shares his insights on the market, including midcap valuations, sectors like cement, wires and cables, and financials. He discusses UltraTech s diversification, the sustainability of high PE ratios, and potential rate cuts. He also comments on the aviation sector s recovery and the strong demand in the consumer durables segment for ACs.

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Markets have faced a slow decline in February, causing fatigue among retail traders. Rohit Srivastava of Strike Money Analytics suggests a market bottom may be near, highlighting historical trends showing bottoms around February-March. He advises monitoring institutional positioning and post-expiry movements, which could trigger recovery, particularly in financial stocks.

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