Latest Stock Market News

MarketSmith has identified 10 Indian companies that align with Warren Buffett s investment principles. These firms exhibit strong revenue growth, high pre-tax margins, high Return on Equity (ROE), and robust balance sheets with minimal or no debt. Technical analysis indicates that some stocks need to cross key moving averages to make further significant moves.

Axis Securities has an overweight call on Hero MotoCorp with a target price of Rs 5285, noting Hero s strategies in the EV market and international expansion. Financials show a consolidated total income of Rs 10566.31 crore for the latest quarter and a net profit of Rs 1200.12 crore. Risks include macroeconomic uncertainty and increased competition.

IndusInd Bank shares dropped 20%, hitting a 52-week low of Rs 720.50, after multiple brokerages downgraded the stock following an accounting discrepancy in its forex derivatives portfolio. The bank revealed a potential Rs 15.8 billion post-tax hit, raising concerns about governance and earnings visibility. The selloff follows a filing that disclosed valuation discrepancies, with an impact expected in Q4FY25.

Indian government bond yields dipped slightly due to a sharp decline in U.S. Treasury yields, but the impact was limited due to expected heavy supply from states. The benchmark 10-year yield adjusted to 6.6960%. Treasury yields declined after President Trump s comments raised recession concerns. Indian states plan to raise 495.

The rupee gained 1 paisa to 87.30 against the US dollar in early trade on Tuesday, aided by a weaker dollar and lower crude oil prices. Domestic equity markets remained volatile amid recession fears in the US and trade uncertainties. The dollar index fell 0.20%, while Brent crude saw a slight rise. US-China trade tensions further impacted market sentiment.

Leading brokerages have recommended stocks including Tata Steel and Pidilite Industries for potential growth by 2025. Pidilite Industries is expected to see a 33% upside, and Tata Steel a 19% upside. Recommendations also cover Hindalco, Happy Forging, and IndusInd Bank with anticipated returns ranging from 19% to 20%.

Geoff Dennis believes the technology sell-off is part of a classic contrarian or rotation year, compounded by fears of a US recession, tariff uncertainties, and limited Fed leeway for rate cuts. He advises caution as uncertainty mounts and suggests the environment may favor previous losers over last year s tech winners.

Hindustan Zinc shares: The issuance will be carried out through a private placement, aimed at institutional investors and high-net-worth individuals (HNIs). A total of up to 50,000 debentures will be offered across all tranches, including 10,000 STRPP 1 debentures, 10,000 STRPP 2 debentures, and 30,000 STRPP 3 debentures.

Morgan Stanley prefers cyclicals over defensives and small/midcap stocks over largecaps in India, predicting a stock pickers market. Despite skepticism about India’s growth, analysts believe India is well-positioned with strong services exports, policy support, and low goods exports. The brokerage expects recovery driven by government spending, easing monetary policy, and improving services exports, with green shoots emerging in recent data.

Global challenges continue to impact market sentiment, indicating ongoing volatility in the near term. Concerns over U.S. trade policies have added further pressure on domestic equities.