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Jitendra Gohil of Kotak Alternate Asset Managers believes the earnings downgrade due to slowed growth is largely factored in, with a 2-3% cut possible. He also highlights potential recovery in the rural consumption and real estate sectors, while suggesting a rotation towards largecap stocks due to valuation comfort, and an expected stability from upcoming government-stimulus measures.

NBCC (India) shares surged 10.4% to Rs 96.95 amid a spike in trade volume, reaching Rs 344.12 crore. Despite a 63% rise over the past year, the stock has fallen in the last 3-6 months. It remains above short-term moving averages but below long-term EMAs. The government holds a 61.75% stake in NBCC.

Experts outline their expectations for the Union Budget 2025, focusing on reforms in the insurance sector, increased capital expenditure for economic growth, rationalizing capital gains tax frameworks, and reducing GST on insurance premiums. These measures aim to drive financial inclusion, boost manufacturing, and promote investor-friendly policies.

​Some of them have kind of changed strategically, they have moved omni channel, they moved from online to offline, they have done those kind of things, those kind of innovations. But even after that, I think Trent, Zudio as a story is very much here to stay.

On the technical charts, the RSI of the stock stood at 38.63.

Water and infrastructure solutions company Denta Water and Infra Solutions Ltd on Friday said it has fixed a price band of Rs 279 to Rs 294 per share for its initial share-sale opening for public subscription on January 22.

The stock traded at a P/E multiple of 11.38, while the price-to-book value ratio stood at 1.21.

The Indian insurance market once struggled with limited data, relying on broad categories for pricing and product development. However, technologies like AI, ML, and KYC mandates now provide granular customer data, enabling more effective segmentation strategies and personalized offerings, transforming the industry’s approach to policy creation and pricing.

Prominent financial institutions predict substantial upside for stocks including NTPC, Swiggy, Zomato, Mahanagar Gas, and HDFC Life Insurance by 2025. Notable upsides are 48% for NTPC, 50% for Swiggy, 63% for Zomato, 24% for Mahanagar Gas, and 43% for HDFC Life.

​In other words, fiscal policy will be very stimulative and you can see that the bond market has reacted to that already with yields rising quite fast and I think that that has had a negative impact on equities.