Latest Stock Market News

JM Financial has cut Suzlon Energy’s target price to Rs 71 from Rs 80, citing execution challenges and a lower valuation multiple. Despite this, the firm sees a 29% upside. Suzlon is expanding manufacturing capacity to 4.5GW but faces hurdles like land availability and project execution risks.

Gautam Shah of Goldilocks Premium Research expresses confidence in select market sectors despite uncertainty in the Nifty s direction. He highlights opportunities in financial services, metals, power, infrastructure, and real estate, suggesting substantial gains in metal stocks over the next 6 to 12 months.

In FY25, sectors like media, energy, PSU banks, and realty are expected to perform poorly, while defence, financial services, and healthcare are projected to see gains. Media has witnessed a significant profit decline, while PSU banks, despite strong numbers, face challenges like NPAs. Positive views are held on metals, NBFCs, private banks, and technology for FY26.

The German financial services giant is looking to partner with Jio Financial Services (JFSL) after deciding to exit its 24-year-long joint venture with the Bajaj Group. Allianz is selling its 26% stake in Bajaj Allianz General Insurance Co and Bajaj Allianz Life Insurance Co to its Indian partner for $2.8 billion, potentially in multiple tranches.

India s IT sector experienced nearly a 2% decline, influenced by a significant drop in U.S. technology stocks. All major Indian IT companies saw their shares fall, with TCS and Infosys among the hardest hit. Citi Research remains cautious on the sector, citing high valuations and macroeconomic uncertainties.

Axis Securities recommends buying Orient Cement shares with a target price of Rs 389. The stock, currently priced at Rs 346.65, has shown strong bullish trends and is trading above key moving averages. The company s financials are improving, and an uptrend is expected within 3 to 4 weeks. Promoters hold 37.86% of shares.

The Federal Reserve is expected to hold interest rates steady on Wednesday, assessing the impact of Trump’s trade policies on an economy facing inflationary pressures and growth concerns. New tariffs and retaliatory actions have dented consumer sentiment, increasing uncertainty. Policymakers are likely to adopt a wait-and-see approach before committing to any policy changes.

​In fact, investors can have 70-80% of their portfolio within these four sectors and that can, I would say, high degree of them outperforming the broader indices or some of the other benchmarks.

Gold prices have surged by Rs 3,400 per 10 grams in just the past week. Both gold and silver saw gains in the international markets, driven by safe-haven demand amid renewed tensions in the Middle East.

Gensol Engineering s stock hit a new 52-week low following continuous declines, driven by credit rating downgrades and financial scrutiny. The company s CFO resignation, debt concerns, and regulatory investigations have further aggravated investor fears, despite efforts to reassure the market.