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ITC Hotels, which has been demerged from ITC effective from January 6, has been a dummy entity in indices with a static price of around Rs 260.

Nifty is on track to end January with its fourth consecutive month of decline, a rare event not seen in the last 23 years. Analysts are looking to the Budget for potential revival, with expectations of tax cuts and increased infrastructure spending. Historical data shows a market bounce back post-Budget.

I think he is going to try not to be any more hawkish than he was in December, but he is also going to try not to appear dovish in any way shape or form and really emphasise data dependency.

Motilal Oswal Financial Services recommends buying Reliance Industries shares with a target price of Rs 1605. Current market price is Rs 1229.9. Reliance Industries has underperformed recently but is expected to recover. Factors like gigafactories in New Energy and listing of Reliance Jio are key triggers. Company has reported a net profit of Rs 21804 crore.

This pause in rate cuts follows three consecutive reductions since September, which lowered the Fed’s benchmark rate by a full percentage point. The current target range stands at 4.25% to 4.5%.

​Also, if you look at the economic activity, since COVID we have been at breakneck speed. Even on that count, we needed a breather and this period has given, last say two quarters have given us a period where we are kind of taking a breather on even economic activity, that also sets the platform very nicely for future growth.

Sunil Subramaniam, a market expert, emphasizes the importance of employment generation and bottom-of-the-pyramid financial support in the upcoming Budget. He indicates potential post-Budget market rallies if these measures are fulfilled, as well as the significance of selective buying in large-cap stocks, consumption, banking, and auto sectors with a focus on EVs and auto components.

An uptrend signal occurs when the RSI value crosses above 50 from below.

Bharat Heavy Electricals Ltd (BHEL) reported a strong financial performance for the quarter ended December 31, 2024, with a 123.5% YoY increase in net profit to Rs 134.7 crore, driven by a 32.2% rise in revenue from operations. Despite a dip in stock price recently, analysts maintain a "Hold" recommendation, with a target price of Rs 229, indicating a 22% upside from current levels.

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