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European stocks extended their recent run of gains on Wednesday, with strong holiday-quarter performance from Adidas pushing German shares to record highs and healthcare stocks posting strong gains.

As of 31-Dec-2024, promoters held 60.2 per cent stake in the company, while FIIs held 25.26 per cent and domestic institutional investors had 4.08 per cent.

The stock quoted a 52-week high of Rs 5033.20 and a 52-week low of Rs 2844.45.

Tata Technologies secured four major contracts in Q3 and implemented salary increases, minimizing the 150 basis point impact. Despite a 1.5% decline in automated business, the company showed resilience with a 1.7% growth in constant currency terms. The aerospace sector saw a 39% growth, fueled by investments and partnerships with Airbus.

Leading brokerage firms have identified top stock picks for the next 12 months, including APL Apollo, Can Fin Homes, Zomato, Hindalco, and Aavas Financiers, with potential returns ranging from 17% to 56%. Their target prices suggest significant upside potential, making them promising investment opportunities in various sectors.

I think so and you will be amazed to know that in the last 25 years, we track data all the way back from 2000, January is known for its challenging times, it is known for its market tops.

Waaree Energies share price fell 7.7% amid concerns over the new US administration’s potential tariffs on solar imports, affecting renewable energy stocks. The anticipated policy changes under President Trump, including higher tariffs and a shift towards fossil fuels, could hinder solar capacity growth and impact Indian exporters. However, US manufacturing plants may mitigate some risks for companies like Waaree.

PNB Housing Finance reported a 43% increase in net profit for the December quarter, reaching Rs 483 crore. The NBFC saw a rise in total income and interest income, along with improvement in gross NPAs. However, the capital adequacy ratio slightly declined.

Marc Faber advises against investing in popular American stocks like Tesla and Nvidia, citing their high prices and uncertain futures. He predicts a weak US dollar, benefiting European and emerging markets. Faber also points to overlooked opportunities in Hong Kong and Latin America and emphasizes the importance of gold as a hedge against paper money devaluation.