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Trump removed country-specific exemptions and quota agreements, along with hundreds of product-specific tariff exclusions. A White House official confirmed that the new tariffs will be implemented on March 4. The tariff rate will revert to 25% on imports from countries like Canada, Brazil, Mexico, South Korea, and others that had previously benefited from carve-outs.

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Bata India’s shares may attract attention on February 11, after reporting a 1.3% YoY increase in net profit to Rs 58.7 crore for Q3FY25. The company’s revenue rose 1.7% YoY to Rs 919 crore. Operating profitability also improved, with EBITDA growing 9.4% to Rs 99.52 crore, signaling a positive financial performance despite challenging market conditions.

ICICI Securities upgrades J B Chemicals & Pharmaceuticals to ADD with a target price of Rs 1815. J B Chemicals, established in 1976, reported a consolidated total income of Rs 971.49 crore for the quarter ended 31-12-2024. They expect earnings CAGR of 18.5% over FY24?27E. Promoter holding stands at 53.66% and FII at 14.64% as of 31-Dec-2024.

Foreign Institutional Investors (FIIs) have withdrawn $10 billion from India s stock market in the first 30 days of 2025, leading to significant outflows. Experts suggest a strategy of investing in quality largecap stocks, gold, silver, and debt. Geopolitical risks and FIIs movements indicate continued market volatility.

RVNL shares will be in focus on February 11 after the company emerged as the lowest bidder for a Rs 335.4-crore contract from South Western Railway. The contract involves the survey, design, supply, installation, testing, and commissioning of Kavach equipment and other associated works across 790 route kilometers (RKM) in the Hubballi and Mysuru divisions.

Gold April futures surged past Rs 86,000/10g on MCX, hitting an all-time high amid global uncertainty and safe-haven demand. Silver traded at Rs 95,373/kg. US tariffs, China s gold-buying pilot program, and a stronger dollar influenced prices. Experts predict volatility ahead. Gold and silver have key support and resistance levels, with buy recommendations for silver.

Indian benchmark equity indices Sensex and Nifty declined for the fifth day in a row due to weak global sentiment, particularly in banking and auto stocks. Both indices have dropped 1.5% over the past four sessions, influenced by US tariff uncertainties and foreign outflows, as well as the Indian rupee hitting an all-time low.

The Indian market is expected to trade higher on Tuesday, driven by positive global cues. Nifty futures closed 0.67% lower at 23,457 levels on Monday, while India VIX rose 5% to 14.44. On the options front, the maximum Call OI is at 24,000, and the maximum Put OI is at 22,500, indicating a broader trading range.

These 3 stocks closed above VWAP on February 10

Updated at : 2025-02-11 10:20:02

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A shift above the VWAP suggests a potential bullish trend, according to stockedge.com s technical scan data.

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