Latest Stock Market News

Five Nifty500 stocks, including Varun Beverages and Abbott India, formed a bullish White Marubozu pattern on February 24, indicating strong buying momentum and potential further gains, signaling investor confidence in these stocks.

JM Financial recommends holding Torrent Pharmaceuticals with a target price of Rs 3,320, up from its current Rs 3,044.3. The company, a major player in the pharma sector since 1972, shows expected domestic growth at 12-13%. Key factors include price hikes, new product launches, and tender wins in Germany and Brazil.

The Indian market is expected to consolidate on Tuesday due to mixed global cues. Nifty futures closed lower, and options data suggests a trading range between 22,000 to 23,000. Experts recommend stocks for short-term traders, with buy recommendations for Cholamandalam Investment, Kotak Mahindra Bank, SBI Cards, and Amber Enterprises, while advising sell positions on Infosys, Grasim Industries, and Tech Mahindra.

China and Hong Kong stocks declined on Tuesday due to a sell-off in tech heavyweights and increased U.S. tariff risks. The Hang Seng Tech Index dropped 0.03%, with Alibaba and Baidu slipping. The decline follows concerns over new U.S. semiconductor curbs on China and overnight drops in U.S.-listed Chinese stocks. The market consolidation reflects geopolitical and investment policy uncertainties.

Tata Investment share price: Shares of Tata Investment Corporation surged by 8.3% after Tata Capital received board approval for its long-awaited IPO. The listing, including 23 crore new shares and an offer-for-sale mechanism, is anticipated to unlock value in Tata Group s financial services portfolio.

When asked about potential investment opportunities, he highlighted key stocks that present favorable risk-reward scenarios, as well as those facing downside risks

Akzo Nobel share price: The business transfer takes place prior to the sale of the Dutch paint maker s India unit. Furthermore, Akzo Nobel NV, the parent company, will transfer the intellectual property rights of its decorative paints business in India, Bangladesh, Bhutan, and Nepal to Akzo Nobel India for Rs 1,152 crore.

The third quarter ended December 2024 witnessed certain stake increases by LIC in multiple companies.

​This time, the reactions were not so benign as in if the results were not good, the reactions were quite drastic on the negative side. So that is what is happening. The markets are in a cautious mode. The markets want that the companies deliver the growth.

The Nifty Auto index was trading 0.7 per cent up at 21703.4.