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CLSA notes that Jaguar Land Rover (JLR) is currently trading at 1.2x FY27CL EV/EBITDA, well below its typical multiple of 2.5x. The brokerage’s sum-of-the-parts valuation suggests a per-share value of about Rs 320 for JLR at the current price, compared to a target valuation of Rs 450 per share.

I just want to wait and watch how this thing particular plays out before maybe committing a higher exposure to pharma sector.

Hexaware share price: Brokerage JM Financial has initiated coverage on the stock with a "buy" rating and a target price of Rs 820, suggesting an upside potential of 7% from the current levels.

Zen Technologies shares rebounded 10% on Wednesday after a 31% drop over two sessions, hitting an upper circuit at Rs 1,069.20. The company reported a sequential decline in profitability and revenue for Q3 FY25, with net profit falling 40.8% QoQ. Analysts remain positive, with target prices ranging from Rs 1,650 to Rs 1,970 despite recent setbacks.

​So, idea is to temper expectation, get back to basics and keep doing from long-term perspective stock picking and keep remain invested. I mean, nothing changes from the long-term conviction perspective on India story, it continues to remain strong.

Ajay Bagga, Market Expert, suggests that if the Ukraine war ends and oil prices crash, global markets might get a short-term boost. However, he anticipates another 5-10% correction in leading indices and advises investors to wait for clear recovery signs by September while considering selective stock purchases and fixed-income investments.

Bitcoin s market cap decreased to $1.886 trillion, with its dominance now at 60.36%. During this period, BTC volume surged by 48%, reaching $38.9 billion. Stablecoins made up $102.11 billion of this volume, or 94.18%, according to CoinMarketCap.

Adani Group stocks fell sharply on Wednesday, with Adani Enterprises dropping 4.3%, after reports emerged that the U.S. SEC sought Indian authorities help in its probe into the Adani family over alleged securities fraud and a Rs 2,300 crore bribery scheme. The SEC’s ongoing efforts to serve legal complaints triggered investor concerns, leading to a broad sell-off in Adani Group stocks.

Since late September 2024, the Nifty 250 Microcap universe has experienced significant declines, with some stocks plummeting up to 70%. Jai Corp leads the fall with a 69.98% drop, followed by substantial losses in Strides Pharma Science, Senco Gold, Electrosteel Castings, and TARC.