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A lot of these impacts are yet to be seen. So, I would not be overjoyed by the markets going up just now. It is a normal phase when markets they fell about maybe 20%, but that is about it.
Category:
News and Media
Currently, Bank Nifty is trading at 51,600. In some time, we could see Nifty reaching levels of 54,000 in about one month, so we maintain positive bias with stop loss of 49,000.
Category:
News and Media
L&T shares rose 3% to Rs 3,515.9 after the companys board approved a Rs 12,000 crore fundraising plan and appointed Subramanian Sarma as Deputy Managing Director. Additionally, L&T secured an order worth Rs 2,500-5,000 crore for projects in Hyderabad and Chennai. Trendlynes target price for the stock is Rs 4,092, indicating a 17% upside from current levels.
Category:
News and Media
Jindal Stainless shares fell 4.3% after Nuvama cut its target price, citing weak exports and high imports impacting profitability. The company delayed its Jajpur expansion, while analysts remain optimistic despite a 28% correction. Near-term challenges persist, but long-term growth prospects remain intact.
Category:
News and Media
Adani Group stocks fell 21% in FY25, losing Rs 3.4 lakh crore in market value due to investor caution, regulatory issues, and FII sell-offs. Adani Green, Adani Enterprises, and NDTV saw steep declines, while broader market volatility and policy uncertainties also impacted valuations. The group denies all allegations.
Category:
News and Media
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