Latest Stock Market News

Rail Vikas Nigam Ltd (RVNL) shares will be in focus on February 5 after receiving a Rs 404.4 crore contract from East Coast Railway for the Koraput-Singapur Road Doubling Project. The project includes the construction of 27 major bridges, including 22 major bridges and five road-over bridges (ROBs), along with earthworks and other tasks between Tikiri and Bhalumaska stations.

ICICI Securities has reiterated a buy rating for ONGC with a revised target price of Rs 365, citing growth potential in the KG basin and recovery in subsidiary earnings. ONGC reported Q3FY25 net profit of Rs 10148.32 crore, with higher EBITDA outperforming estimates, though PAT fell short due to lower other income and higher depreciation.

While it may seem that the Budget did not have a large capex push, it actually rose by 10.1% from the RE 2024-25 capex of ₹10.18 lakh crores to BE 2025-26 capex of ₹11.21 lakh crores.

India’s main exports to America are IT Services and Pharma. I have never heard any American politician say that they want these two industries to move back to America. Hence I don’t understand the apprehension in India regarding American tariffs.

Major stock indexes closed higher on Tuesday, driven by energy stocks and optimism over U.S.-China trade talks after Trump delayed tariffs for Canada and Mexico. Corporate earnings were strong, with 76.8% of S&P 500 companies exceeding expectations. Palantir shares surged 24%, while Alphabet dipped post-market. Advancing issues outnumbered decliners on both NYSE and Nasdaq.

Gold prices hit an all-time high above $2,848 per ounce as safe-haven demand surged following China’s response to U.S. tariffs introduced by President Trump. The intensifying trade war and inflation concerns boosted bullion as a hedge against rising prices and geopolitical unrest. Investors are also eyeing upcoming U.S. employment data for further economic insights.

The Australian and New Zealand dollars held gains as Chinese markets resumed trade amid the U.S.-China trade war. Traders focused on the People s Bank of China s yuan midpoint rate. Currency volatility eased, with the euro, Canadian dollar, and Mexican peso rebounding. Despite tariff tensions, market sentiment remained resilient due to delayed U.S. tariffs on Mexico and Canada.

Alphabet plans to spend $75 billion on AI buildout in 2025, significantly surpassing Wall Street s expectations. This substantial investment includes building servers and data centers. Meanwhile, the company s cloud revenue growth has slowed, raising investor concerns over profitability and capital spending efficiency.

China’s markets resume after a holiday amid a fresh trade dispute with the U.S. and volatility in the global artificial intelligence sector. Key indicators include Beijing s responses to tariffs and economic support measures. Chinese AI stocks could surge due to DeepSeek’s new AI model, despite global market concerns driven by Trump s tariffs.