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These 3 stocks showing RSI Trending Up on March 25

Updated at : 2025-03-26 11:40:02

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​It is an uptrend signal if the RSI value has crossed above 50 from below.

Foreign investor sentiment has improved as we close FY2025, with FIIs pumping in Rs 19,000 crore in the last few days after a steep correction. A stronger rupee, cooling inflation, and favorable valuations have restored confidence. While short covering is a factor, expectations are that FII sentiment could further improve by mid-2025, driven by India’s strong economic fundamentals.

Indian benchmark equity indices traded lower as investors awaited clarity on impending U.S. tariffs. The BSE Sensex and Nifty50 saw modest gains driven by foreign capital inflows and optimism over domestic macroeconomic factors. Asian stocks followed Wall Street higher, while concerns over U.S. trade policy loomed.

Suzlon Energy s shares have dropped 31% in the last 6 months, underperforming the Nifty 50 index. However, Motilal Oswal remains bullish, initiating coverage with a ‘buy’ rating and a target price of Rs 70, indicating a 21.5% upside. Suzlon leads global wind energy with 20.9 GW capacity across 17 countries, including 15 GW in India.

Hong Kong s updated roadmap for regulating virtual assets could serve as a model for the US SEC. By applying traditional finance standards to digital coins, the city aims to boost reliability and efficiency. Significant progress includes licensed platforms for crypto trading and banks embracing tokenization. Institutional-grade custody remains crucial for both retail and institutional investors.

Markets have stabilized after a period of panic, with stock pickers advised to focus on sectors like infra, engineering, hospitals, and tourism. Specific stocks in consumption areas might offer 15-20% returns in the next 6-12 months, while gold financers remain promising due to high gold prices.

JSW Steel has become the world’s most valuable steelmaker, surpassing Nucor Corp, after its market capitalisation crossed $30 billion. The stock hit an all-time high amid strong performance by Indian steelmakers, driven by government-backed industry protection measures. JSW Steel now holds a higher valuation than Tata Steel, Jindal Steel & Power, and SAIL.

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ICICI Securities recommends buying Manappuram Finance with a target price of Rs 260. The current price is Rs 235.2. Manappuram Finance, a Mid Cap company operating in the NBFC sector, has reported a consolidated total income of Rs 2562.63 crore for the quarter ended December 2024. The company s revenue and growth prospects are outlined up to FY27.

Auto sales have been weak recently, especially in the two-wheeler sector, but Maruti could benefit if consumer demand revives. Auto components face uncertainties due to US tariffs, but infra stocks remain promising with robust order books. Moreover, exchange stocks like MCX present attractive long-term opportunities despite potential regulatory risks for IEX.

Zomato shares dropped 5% to Rs 199.90 on the BSE after BofA Securities downgraded the stock to "neutral" and cut its price target to Rs 250, citing profitability concerns in quick commerce and food delivery. BofA expects Zomato’s EBITDA for FY26 and FY27 to be 20-50% below street estimates, raising concerns about its financial outlook.

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