Latest Stock Market News

NIIT Q3 Results 2025: NIIT reported a 7% YoY decline in Q3 FY25 PAT to ₹13.4 crore, despite 15% revenue growth to ₹98.1 crore and a significant 18% YoY EBITDA increase to ₹9.2 crore.

Adani Power’s FY27 valuation may seem steep, but its strong profit growth-to-RoIC ratio and industry-leading revenue and EBITDA performance set it apart, according to Ventura Securities. The brokerage added that under a bull case scenario for FY27, the stock could reach a target price of Rs 990, reflecting its competitive edge over peers.

Indian benchmark indices closed in the red on Friday, reversing early gains as concerns over a potential slowdown in corporate earnings overshadowed optimism about lower U.S. interest rates and declining oil prices.

The Indian rupee rose on Friday and posted its biggest weekly rise more than a year, helped by relief in the Asian forex space over U.S. President Donald Trump not levying tariffs immediately on taking office.

A short buildup happens in the Futures and Options segment when open interest and trading volumes increase while the stock price declines.

Indian benchmark indices ended lower on Friday, led by declines in pharma, real estate, and auto stocks. Capri Global, KFin Technologies, and Mphasis reported strong earnings, while Cyient and Tejas Networks saw sharp drops.

JSW Steel Q3 Results: The profit for the same period last year was Rs 2,415 crore. Revenue from operations too declined 1% YoY to Rs 41,378 crore.

Global brokerages are optimistic about HDFC Bank, following its Q3 results. HDFC Bank reported a 2.2% year-on-year growth in its net profit for the December quarter. Several firms have issued buy ratings with price targets indicating potential upsides, including Macquarie (38%), Morgan Stanley (18%), IIFL (14%), BofA (21%), and Nuvama (17%).

​The government knows that there is a slowdown, but still the government capex, government spending has not picked up. Now what is leading to that, why this stagnation is there, and what is their thought process it will become clear in a week when the budget comes in.

Despite weak Q3 earnings, Bharat Petroleum (BPCL) draws attention from global brokerages. CLSA upgraded BPCL to ‘Hold’ with a target of Rs 270, while Morgan Stanley maintains an ‘Overweight’ rating with a target of Rs 419. BPCL posted a 20% YoY profit increase, but missed market expectations. Shares surged 14% over the past year.