Sai Aravindh
Sai Aravindh
The Tata Group's IT arm will kickstart the fourth quarter earnings season for India Inc. on Thursday, April 10.
On Monday, FIIs sold equities worth ₹9,040.01 crore, while DIIs bought stocks worth ₹12,122.45 crore, the second-biggest single-day buying this year
The gauge of market volatility, Indiaa VIX, spiked nearly 60 per cent to the highest level since June 4
Only 40 companies in the Nifty 500 index saw their market increase in this period, and 13 among them were less than a 1 per cent rise
The surge in uncertainty followed a continued global stock rout after Beijing imposed a 34 per cent tariff on all US imports last Friday
"Tata Group shares have rallied in the last three years and outperformed stocks of other groups in Indian markets, said Kranthi Bathini, equity strategist, WealthMills Securities
This comes a day after US President Donald Trump unleashed tariffs on all trading countries, even as analysts expect the risk of recession and inflation to rise in the US
The key benchmark indices in India recovered to trade slightly lower after tumbling nearly one per cent during market opening
Analysts believe that if these policies persist, they could drive significant inflation in the US, weakening demand and increasing recession risks
Describing India's tariffs as "very, very tough," Trump stated that the 26% tariff was half of what India imposes on US products
Goldman Sachs maintained a 'buy' rating on the stock with a target price of ₹1,640 per share, an upside of 28 per cent
US President Donald Trump is set to announce his reciprocal tariffs plan on Wednesday during an event in the White House Rose Garden
In the upside scenario, Jefferies gave a target price of ₹430 apiece, which is a 79 per cent upside for the stock
Nifty 50 fell as much as 1.43 per cent, while Sensex crashed 1,294 points during the session
India VIX, the measure of market volatility in the domestic market, jumped as much as 10.36 per cent to 14.0, the biggest intraday jump since March 24 this year
Macquarie has assigned a 12-month target price of ₹10,000 per share under its bull-case scenario
Stocks to Watch on Friday: BSE, Infosys, UltraTech, BEL, Jindal Steel, HCLTech, Max Financial and Asian Paints are among the stocks to watch today, March 28, 2025
CLSA assigned a target price of ₹1,890 apiece for Bharti Airtel and ₹2,070 per share for Tata Communications
Stocks to Watch on Thursday: Infosys, NBCC, Bharat Forge, BSE, Wipro, JSW Infra, TVS Supply Chain Solutions and UPL are among the stocks to watch today, March 27, 2025
The brokerage initiated coverage with a 'neutral' rating on Tata Power and Torrent Power while having an 'underweight' stance on JSW Energy