Latest Stock Market News

Amid a 10% decline in Nifty from its September peak, the year 2025 may favor asset allocators. While stock markets may offer limited gains, the recent correction presents a chance to accumulate blue-chip stocks for long-term growth. Precious metals like gold and silver can hedge against inflation, and a 3-5 year duration offers optimal returns on debt.

Significant gains were seen in JLR’s flagship models, with the Range Rover up by 22%, Range Rover Sport up by 17%, and Defender up by 13% year-on-year. These high-margin models made up 70% of the total wholesale volumes.

​ The Indian market enters 2025 with optimism tempered by caution. GDP growth is projected at 6.5%-7%, driven by domestic consumption and industrial expansion, positioning India as a resilient investment destination.

Reliance Industries shares are in focus as Morgan Stanley sets a target price of Rs 1,662, indicating 31% growth potential. The brokerage cites the improving outlook for RIL’s refining business, anticipated growth in retail profitability, and the underappreciated potential of RIL’s New Energy segment. Additionally, Jefferies and Bernstein revised their target prices, reinforcing positive sentiment.

Motilal Oswal Financial Services suggests buying Kalyan Jewellers shares, aiming for a target price of Rs 875. Currently, the price is Rs 682.75. Kalyan Jewellers has shown significant growth with increased revenue and added new showrooms. The company has a strong shareholding base with promoters having 62.9% stake. The positive performance was driven by demand during festive and wedding seasons.

Brokerage firm InCred Equities is positive on several large-cap stocks.

This IPO aims to raise Rs 698 crore through a combination of fresh equity issuance and an offer for sale (OFS).

Manappuram Finance Share Price: Morgan Stanley highlighted that the RBI has lifted restrictions on Asirvad Micro Finance with immediate effect. Morgan Stanley has factored in approximately 10% provisions for the MFI loan book for FY25-27 due to the previous embargo. The valuation assigned to Asirvad MFI in the sum-of-the-parts (SOTP) valuation has now been removed.

Indian benchmark indices, Sensex and Nifty50, opened lower on Thursday, influenced by negative global cues ahead of the December-quarter earnings season. Major laggards included SBI, L&T, Zomato, Adani Ports, and UltraTech Cement, while Kotak Mahindra Bank, M&M, Asian Paints, and Infosys opened higher. The earnings season, starting with Tata Consultancy Services, is expected to direct market movements.

On the options front, the maximum Call Open Interest (OI) is positioned at the 24,000 strike, followed by the 24,100 strike. Meanwhile, the maximum Put OI is concentrated at the 23,500 strike, with additional positioning at the 23,000 strike.