Latest Stock Market News

Titan shares are under scrutiny following a slight dip in Q3 net profit to Rs 1,047 crore, despite a 25% increase in total income. Analysts are optimistic about Titan s growth, with Macquarie maintaining an Outperform rating and Goldman Sachs giving a Buy rating due to strong jewelry segment performance.

Sudip Bandyopadhyay highlights promising sectors such as specialty chemicals, with undervalued companies like SRF and Deepak Nitrite showing recovery. He prefers Vedanta for its potential value unlocking in metals. Though supportive of a rate cut by RBI, he stresses liquidity creation s immediate impact. He remains positive on the long-term power sector investments like NTPC and BHEL.

The IPO of Ajax Engineering, a concrete equipment manufacturer, will open for public subscription on February 10, with a price band of Rs 599-629 per share. The offering consists solely of an offer-for-sale of 2.01 crore equity shares, with proceeds allocated to selling shareholders. Key sellers include Kedaara Capital, Krishnaswamy Vijay, and others.

Rail Vikas Nigam Ltd (RVNL) shares will be in focus on February 5 after receiving a Rs 404.4 crore contract from East Coast Railway for the Koraput-Singapur Road Doubling Project. The project includes the construction of 27 major bridges, including 22 major bridges and five road-over bridges (ROBs), along with earthworks and other tasks between Tikiri and Bhalumaska stations.

ICICI Securities has reiterated a buy rating for ONGC with a revised target price of Rs 365, citing growth potential in the KG basin and recovery in subsidiary earnings. ONGC reported Q3FY25 net profit of Rs 10148.32 crore, with higher EBITDA outperforming estimates, though PAT fell short due to lower other income and higher depreciation.

While it may seem that the Budget did not have a large capex push, it actually rose by 10.1% from the RE 2024-25 capex of ₹10.18 lakh crores to BE 2025-26 capex of ₹11.21 lakh crores.

India’s main exports to America are IT Services and Pharma. I have never heard any American politician say that they want these two industries to move back to America. Hence I don’t understand the apprehension in India regarding American tariffs.

Major stock indexes closed higher on Tuesday, driven by energy stocks and optimism over U.S.-China trade talks after Trump delayed tariffs for Canada and Mexico. Corporate earnings were strong, with 76.8% of S&P 500 companies exceeding expectations. Palantir shares surged 24%, while Alphabet dipped post-market. Advancing issues outnumbered decliners on both NYSE and Nasdaq.

Gold prices hit an all-time high above $2,848 per ounce as safe-haven demand surged following China’s response to U.S. tariffs introduced by President Trump. The intensifying trade war and inflation concerns boosted bullion as a hedge against rising prices and geopolitical unrest. Investors are also eyeing upcoming U.S. employment data for further economic insights.