Latest Stock Market News

TCS shares: The deal is structured as a call option, enabling the company to fully acquire the target entity after two years. The main goal of the acquisition is to obtain land and buildings that will be used as a delivery center, thereby expanding the company’s real estate portfolio and operational capacity.

Infosys shares dropped over 3% after Morgan Stanley downgraded its rating, highlighting concerns about slowing revenue growth and valuation pressures. Despite the weakening rupee, Indian IT stocks face challenges due to potential U.S. economic slowdown and trade policy uncertainties. Investor sentiment remains cautious amid mixed analyst outlooks.

ICICI Securities has downgraded the rating of IndusInd Bank from Buy to Reduce, setting a new target price of Rs 850. The bank s current market price is Rs 720.5. This decision was influenced by concerns over potential management changes and an expected period of slow growth. IndusInd Bank s key products include interest and income from investments.

TVS Motor shares: In a regulatory filing on Tuesday, TVS Motor announced that IFQM had issued fresh shares to new investors, causing the automaker s stake to fall below the 20% threshold required for associate status under the Companies Act, 2013.

Vedanta has repaid a high-cost $900 million loan, reducing net debt by $550 million and saving $90 million annually in interest. The repayment was funded by a $1 billion QIP and a new $350 million facility at a lower rate. Vedanta s net debt-to-EBITDA ratio has significantly improved, with further debt reductions by its parent company.

Hitachi Energy India s Rs 2,000 crore qualified institutional placement (QIP) offering was subscribed two times. The issue saw participation from notable institutions including Norges Bank and various domestic insurance firms. Shares fell 4.2% on the BSE. Proceeds from the QIP will be used for capital expenditure, working capital, and general corporate purposes.

Bharti Airtel has signed an agreement with Elon Musk s SpaceX to offer Starlink s high-speed internet services in India. This collaboration marks a significant step in expanding satellite connectivity, enabling reliable broadband even in remote areas. The partnership aims to explore various solutions, including Starlink equipment at retail stores and enhancing Airtel’s network using SpaceX s technology.

India s stock market could face further corrections in 2025, with uncertainties around valuations and potential for growth. While some experts see economic recovery through easing monetary policy, fiscal boosts, and agricultural recovery, others remain cautious about a steep rally, citing concerns over mid- and small-cap segments.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources