Latest Stock Market News

The RBI s revised Priority Sector Lending (PSL) guidelines, effective April 1, 2025, aim to improve credit access to key sectors like housing, renewable energy, and MSMEs. Key changes include higher loan limits, expanded definitions for weaker sections, and revised targets for various banks. The new framework seeks to support national development, financial inclusion, and sustainable economic growth.

HDFC Securities has a Reduce call on Greenpanel Industries, lowering the target price from Rs 255 to Rs 210. Despite a 4.38% revenue increase in the latest quarter, concerns include below-average market demand and elevated timber prices. Promoters hold 53.13% stake in the company, with significant capacity expansion expected to improve margins by FY27.

Brigade Enterprises share price: Brigade Enterprises has acquired 4.4 acres in Whitefield, Bangalore for a premium residential project valued at Rs 950 crore. The development will feature top-notch amenities and is strategically located to benefit from Whitefield s connectivity and infrastructure, aligning with the company s vision for luxury living.

Indian markets are likely to open higher on Tuesday, driven by positive global cues. The Nifty futures gained 1.45%, closing at 23,720, with India VIX rising nearly 9%. Options data suggests a broad trading range between 23,000 and 24,000. Experts recommend stocks like Bajaj Finserv, Bharti Airtel, and Divi s Laboratories for short-term trading.

Britannia Industries shares are in focus as the company reports partial disruption at its Jhagadia plant due to a strike. Despite this, Q3FY25 earnings showed a 4.5% rise in net profit to Rs 582 crore. Analysts have set an average target price of Rs 5,287, indicating a 10% upside. The stock has fallen 23% in the last six months.

Indian benchmark indices have traded higher for the seventh consecutive session, driven by gains in banking and IT stocks. The BSE Sensex rose 265 points, while the Nifty50 gained 80 points, following U.S. President Donald Trump s indication of potential tariff exemptions for various countries.

JM Financial gives a buy call on Bharat Heavy Electricals with a target price of Rs 358. The current price is Rs 214.75. BHEL operates in the Engineering sector and has reported a total income of Rs 7385.00 crore and a net profit of Rs 116.44 crore for the quarter ended 31-12-2024. Promoters hold a 63.17% stake.