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Benchmark indices closed lower on Monday amid concerns over US tariffs. Key stocks in focus included Power Grid, which showed weakness, Divis Laboratories, which demonstrated strength, and Tata Chemicals, which tested crucial support zones. Recommendations for cautious trade approaches were provided for each stock.

Titan is expected to see strong sales growth in Q3 due to festive demand and wedding season, though profitability may be muted by inventory loss. Asian Paints, however, may report a decline in revenue and net profit due to lower volumes and adverse pricing trends.

Garden Reach Shipbuilders Engineers (GRSE) reported an 11% YoY growth in net profit to Rs 98 crore for December 2024. Revenue jumped 38% YoY to Rs 1271 crore. An interim dividend of Rs 8.95 per share for FY 2024-25 was approved. Meanwhile, GRSE shares declined 5.3% on Monday.

Dr Agarwal s Health Care s upcoming listing worries investors due to a discounted grey market premium and muted subscription. Despite being India s largest eye care chain, with a 25% market share in FY24, and significant revenue and efficiency growth, market conditions appear challenging. Analysts recommend a long-term investment view for potential gains.

​​The ICAI had come out with a guide on digital assurance to provide guidance to its members to adopt enhanced use of technology in audit by implementing the use of digitally available audit evidence and information.

​​Finance costs increased 25% on year to Rs 2,496 crore from Rs 1,997 crore a year ago. Provisions also increased 12% to Rs 388 crore in the quarter. The lending portfolio grew by 27% year-on-year to Rs 1.46 lakh crore. Loans to retail, SME and HNI constitute 64% of the loan portfolio.

The rupee opened at 87.03/$1 on Monday and weakened to 87.285/$1 in early trading, before it erased some losses toward the end of the trading session. The rupee had closed at 86.6/$1 on Friday.

Garden Reach Shipbuilders Engineers (GRSE) reported 11% year-on-year (YoY) growth in its net profit at Rs 98 crore for the quarter ended December 2024. The same stood at Rs 88 crore in the year-ago period.

Indian markets declined as global cues weakened following Donald Trump s tariffs on Canada, Mexico, and China, raising trade war concerns. The US Dollar s rise pressured the Indian rupee to a record low of 87.29. Investor sentiment remained fragile with key market factors including global cues, corporate earnings, and the upcoming MPC meeting influencing direction.

Stocks in Australia and Japan gained, while contracts for Hong Kong stocks also looked up. US futures rose after the S&P 500 on Monday trimmed most of its slide that earlier approached 2%.