Latest Stock Market News

Reliance share price, Reliance target price, Reliance stock price, Reliance stock update, Reliance stock analysis, Description: Reliance Industries (RIL) gains momentum after six challenging months as brokerages highlight its potential to re-rate. Nine top firms project target prices up to ₹1,723, citing improved retail performance, EBITDA growth, and strategic catalysts.

Brokerage firms have initiated coverage on stocks like BSE, Dixon Technologies, Swiggy, Ixigo, Waaree Energies, and Vishal Mega Mart, expressing bullish views.

The market’s Trump-related rally may reverse as policy pragmatism takes precedence. Expectations for tariff implementations and a strong dollar are likely to soften, impacting the recent trade narrative.

Upcoming corporate actions for Angel One, Havells India, and more include dividends, stock splits, and bonus issues. Track record dates to secure your shareholder benefits.

Swiss Bitcoin advocates aim to enshrine the cryptocurrency in the constitution, positioning it alongside traditional reserves like the dollar, euro, and gold. Campaigners have begun gathering signatures to push for a national vote, challenging the Swiss National Bank’s stance.

Kotak Bank Q3 Results: India’s third largest private bank by market capitalisation Kotak Mahindra Bank on Saturday reported a 10% jump in its December quarter net profit at Rs 3,305 crore versus Rs 3,005 crore reported in the year ago period.

The Nifty 50 index has dropped 11.5% since its September 2024 peak, reflecting weak GDP growth and earnings. Defensive sectors like FMCG, IT, and Pharma have shown resilience, with FMCG poised for potential growth amidst low market weightage and historical trends.

PMSBazaar.com reported stellar 2024 performances in Alternative Investment Funds (AIF). Finavenue Growth Fund led with 132% returns, followed by Negen Undiscovered Value Fund (57%), and Carnelian Asset’s Structural Shift Fund (47%).

Alok Ranjan, Senior Fund Manager at ITI Mutual Fund, sees valuations normalizing and advises diversifying portfolios amid upcoming volatility. He emphasizes stock-picking opportunities in financials, IT, healthcare, and capital goods for medium to long-term gains.