Latest Stock Market News

Pashupati Advani of Global Foray anticipates positive surprises in companies with lower tariffs and those leveraging arbitrage opportunities. He discusses the implications of tariff uncertainty on equity markets and the economic outlook for the US. Advani also highlights the challenges in the EV market and suggests food distribution stocks like Godrej Consumer could perform well in the future.

HDFC Bank shares will be in focus after Sebi issued a warning letter for regulatory non-compliance. The bank will address the issues. Earlier, Sebi had issued a warning for non-compliance in 2024. Analysts recommend buying HDFC Bank shares with a target price of Rs 2,009 and a potential 12% upside.

Despite recent market volatility, several companies in India have shown renewed interest in IPOs, indicating market stabilization. Experts believe this signifies the absence of a prolonged negative return phase and highlights a strong Indian economic outlook bolstered by positive indicators and sectoral growth.

Bitcoin and other major cryptocurrencies declined following President Trump’s announcement of new tariffs on US trading partners, causing a general dip in risk assets. Cryptocurrencies initially held steady but later fell as traders processed the news, underscoring their vulnerability during times of market uncertainty.

Donald Trump announced tariffs on exporters to the US, including 20% on the European Union and 24% on Japan. This caused stocks to drop, with traders worried about economic impacts. Analysts believe the tariffs will slow trade and increase prices, potentially creating a buying opportunity if negotiations lead to reduced rates.

Axis Securities has identified seven large and mid-cap stocks with the potential to rally up to 40%. Key names include ICICI Bank, SBI, Varun Beverages, HDFC Bank, Bharti Airtel, Cholamandalam Investment & Finance, and Hero MotoCorp. The brokerage highlights strong growth prospects, improved margins, and strategic expansions as key factors driving their positive forecasts.

Looking at two decades of data for the Nifty, we see that March was positive 70% (14/20) of the time. Of these 14 instances, 64% of the time, April was also positive. So, it seems like there is some spillover effect, i.e. bullish, of how March does on how April fares.

India s market correction influenced by both domestic and global factors presents a strong entry point for long-term investors. Focusing on quality stocks and avoiding sectors like automobiles and pharma could yield better returns. Investors are advised to allocate a significant portion to gold amidst global uncertainties.

Bharti Airtel shares: Airtel will leverage Nokia s automation framework to enable seamless service launches and efficient lifecycle management for core network functions. This will improve its capacity to introduce new services more quickly while lowering network operational expenses.