Latest Stock Market News

SAIL shares: SAIL shares rose by 1.6% to Rs 117.25 on the BSE as the company plans to operationalize its 4 MTPA Tasra coking coal mines by the second half of 2026, potentially increasing its crude steel production capacity to 35.65 MTPA by 2031.

Ola Electric Mobility shares will be in focus as the company begins deliveries of its S1 Gen 3 scooter range across India. Prices start at Rs 79,999 for the S1 X (2kWh) and go up to Rs 1,69,999 for the S1 Pro+ (5.3kWh). The Gen 3 platform offers 20% more peak power, an 11% cost reduction, and a 20% increase in range over the Gen 2.

Vodafone Idea shares: The telecom joint venture between the UK’s Vodafone Plc and India’s Aditya Birla Group has informed the Department of Telecommunications (DoT) that its current financial condition prevents it from providing a bank guarantee of Rs 6,091 crore or making a cash payment of Rs 5,493 crore to cover a shortfall from the 2015 spectrum auction.

Sensex and Nifty traded higher on Monday for the sixth straight session, driven by gains in banking and IT stocks. Positive foreign capital inflows of Rs 7,470 crore on Friday, the largest in four months, have enhanced investor sentiment following a period of significant selling by foreign portfolio investors since late September.

ICICI Securities has recommended a buy on JSW Steel with a target price of Rs 1230, highlighting the company s growth prospects and recent financial performance. JSW Steel reported a total income of Rs 41,525 crore and a net profit of Rs 713 crore for the quarter ended 31-12-2024. Promoters hold 44.85% stake, and FIIs own 25.59%.

Market Expert Sunil Subramaniam highlights the role of Domestic Institutional Investors (DIIs) in driving recent market recovery, aided by a substantial cash reserve and upcoming tax cuts. He suggests investing in rate-sensitive sectors, primarily banking and consumer discretionary stocks, due to favorable economic conditions including anticipated interest rate cuts and improved liquidity.

Apollo Hospitals shares: Apollo Hospitals reported a 52% year-on-year (YoY) rise in its consolidated net profit, reaching Rs 372 crore for the December 2024 quarter, boosted by higher sales. The company had posted a net profit of Rs 245 crore in the corresponding quarter of the previous fiscal year.

NCC shares: Over the past year, NCC s shares have fallen by 13.15%. Year-to-date, the stock has declined by 25.73%. In the last six months, the price has dropped by 34.57%, and over the past three months, it has decreased by 28.27%. However, in the last month, the stock has seen a recovery, rising by 10.25%.

Devang Mehta from Spark Private Wealth believes the market will consolidate and improve within the next one or two quarters, with positive indicators in earnings, capex, inflation, and industrial production. Discretionary consumption, real estate, and NBFCs like Bajaj Finance show promise, anticipating good spending and growth despite recent market corrections.