Latest Stock Market News

India s cryptocurrency market is expanding rapidly, driven by financial inclusion and digital innovation. However, regulatory uncertainty and high taxes hinder growth. Clear policies, education, and supportive regulations can unlock crypto’s economic potential, fostering blockchain adoption and financial efficiency.

JPMorgan cut Coal India s target price to Rs 395 from Rs 430, citing weak power demand, oversupply-driven lower coal prices, and rising competition. The stock fell 1.7% post-announcement. Coal India’s Q3 net profit declined 17% YoY to Rs 8,506 crore. The stock has dropped 18.67% in a year.

Markets regulator Sebi has cautioned public against buying and dealing with any property belonging to HBN Dairies & Allied Ltd. The cautionary statement comes after Sebi discovered that some individuals or entities are interfering with the auction process by spreading false rumours, pretending to be Sebi officials, and trespassing on HBN properties.

The sharp drop in US consumer sentiment and persistent inflation concerns have triggered a selloff in Indian IT stocks, which have fallen up to 28% in a month. Experts cite tariff concerns, weak earnings, and FII outflows as key risks but recommend accumulating large-cap IT stocks for long-term stability.

Ajay Argal of Franklin Templeton anticipates a potential market recovery driven by increased consumption. He highlights the impact of budget tax cuts and upcoming finance commission settlements. Argal suggests maintained investments in growth stocks and a disciplined approach, emphasizing the importance of time in the market over attempting to time the market.

Mahindra & Mahindra, CIE Automotive, Federal Bank, and InterGlobe Aviation are highlighted as investment ideas for 2025 by leading brokerages including Jefferies, Motilal Oswal, and Citi. The recommendations suggest potential upsides ranging from 15% to 52%, with high growth prospects across these stocks for the next 12 months.

Axis Securities is optimistic about the retail and FMCG sectors, highlighting potential gains of up to 42%. Top stock picks include Trent, Ethos, Varun Beverages, and DOMS, with factors like store expansion, strategic acquisitions, and operational efficiency driving anticipated growth.

Gold prices surged near record highs amid safe-haven buying, geopolitical uncertainty, and Trump’s tariff policies. Silver remained volatile due to industrial metal weakness. Analysts suggest buying gold on dips. The dollar index and bond yields influence future trends. Gold rates vary across Indian cities, with 24-carat gold priced higher.

C Vijayakumar, CEO of HCLTech, emphasizes the transformative potential of AI and the need for proactive adaptation in the IT services industry. He highlights the importance of growth and relevance over protecting existing revenue bases and the continued investment in capabilities to stay competitive.

In an interaction with ET Now, Siddharth Vora, Executive Director at Prabhudas Lilladher shared his insights on how investors should position their portfolios amid ongoing market volatility.