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Motilal Oswal Financial Services recommends buying Reliance Industries shares with a target price of Rs 1605. Current market price is Rs 1229.9. Reliance Industries has underperformed recently but is expected to recover. Factors like gigafactories in New Energy and listing of Reliance Jio are key triggers. Company has reported a net profit of Rs 21804 crore.

Fed to hold rates steady and brace for Trump

Updated at : 2025-01-29 11:20:02

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This pause in rate cuts follows three consecutive reductions since September, which lowered the Fed’s benchmark rate by a full percentage point. The current target range stands at 4.25% to 4.5%.

​Also, if you look at the economic activity, since COVID we have been at breakneck speed. Even on that count, we needed a breather and this period has given, last say two quarters have given us a period where we are kind of taking a breather on even economic activity, that also sets the platform very nicely for future growth.

Sunil Subramaniam, a market expert, emphasizes the importance of employment generation and bottom-of-the-pyramid financial support in the upcoming Budget. He indicates potential post-Budget market rallies if these measures are fulfilled, as well as the significance of selective buying in large-cap stocks, consumption, banking, and auto sectors with a focus on EVs and auto components.

These 4 stocks show RSI Trending Up on January 28

Updated at : 2025-01-29 10:05:02

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An uptrend signal occurs when the RSI value crosses above 50 from below.

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Bharat Heavy Electricals Ltd (BHEL) reported a strong financial performance for the quarter ended December 31, 2024, with a 123.5% YoY increase in net profit to Rs 134.7 crore, driven by a 32.2% rise in revenue from operations. Despite a dip in stock price recently, analysts maintain a "Hold" recommendation, with a target price of Rs 229, indicating a 22% upside from current levels.

By staying true to our philosophy of identifying and investing early in under-researched companies with significant potential, we have consistently focused on long-term business ownership rather than short-term market fluctuations.

Swaminathan Aiyar and Maneesh Dangi discuss the global shift from manufacturing to services, highlighting the challenges that tariffs and mechanization pose for job creation in manufacturing. In India, manufacturing struggles despite support measures, while the services sector thrives. The political reluctance to reduce non-wage costs hinders formal employment growth in the manufacturing sector.

Benchmark indices rebounded as the RBI decided to inject liquidity into the financial system. Key stocks like Bajaj Auto, Tata Motors, and Maruti saw notable gains. Analysts suggest strong buying opportunities for these stocks at current levels. Bajaj Auto and Tata Motors have potential upside while Maruti shows promising trends for both short and long term.

Housing and Urban Development Corporation (HUDCO) has announced an interim dividend of Rs 2.05 per share, with a record date of January 30, 2025. Investors must purchase shares by the end of January 28 to qualify for the dividend payout, set to complete within 30 days of the declaration.

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