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Z-Morh tunnel in Sonamarg located in Jammu and Kashmir on Monday. Union Minister Nitin Gadkari, Jammu and Kashmir Chief Minister Omar Abdullah and J-K LG Manoj Sinha were present at the inaugural ceremony.

Prime Minister Narendra Modi on Monday said he will keep the promises he made to the people of Jammu and Kashmir and right things will happen at the right time. Modi was addressing a public meeting after inaugurating the strategically important Z-Morh tunnel here. His remarks shortly came after Chief Minister Omar Abdullah sought restoration of statehood to Jammu and Kashmir during his speech at the event.

Elara Capital on Monday said it has initiated coverage on the hypermarket chain Vishal Mega Mart with a ‘buy’ rating at a target price of Rs 140 per share, which implies a potential upside of over 35% from the stock’s current levels. The brokerage has cited the company's strong balance sheet, efficient operations, and significant growth potential in India's expanding retail market. On Monday, Vishal Mega Mart shares were trading 5% lower at Rs 103.05 on the BSE. The company, which operates supermarket chains across 30 states and Union Territories in India, has shown strong momentum since its listing on December 18. The company debuted at Rs 110 on BSE, delivering an immediate 41% premium to IPO investors, while on NSE, the shares opened at Rs 104, representing a 33.3% premium.

Bank of India is marketing its first dollar syndicated loan since 2012 of as much as $400 million, people familiar with the matter said, at a time when more Indian borrowers are tapping global credit markets.

VVER-1000 reactor vessel for the sixth power unit of the Kudankulam NPP, which is being built in India according to a Russian design, is being transported to the construction site. The equipment weighing 320 tons was manufactured at the Atommash plant (Rosatom's Machine-Building Division) and shipped to the customer on the eve of 2025.

Prayagraj has been fortified with a seven-ring security plan to ensure the safety of pilgrims, as per a TOI report.

European shares were dragged lower by technology and healthcare stocks on Monday, as global equities faced pressure after U.S. jobs data reinforced bets the Federal Reserve will be cautious in cutting interest rates this year. The pan-European STOXX 600 was down 0.5% by 0812 GMT, extending its declines following a near 1% drop on Friday when data showed U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1%.

The Biden administration is expected to propose a limit on nicotine in cigarettes, a move aimed at curbing smoking addiction. The proposal could be released as soon as Monday, according to the NBC News. It will not affect e-cigarettes or nicotine replacement products.

Fitch Ratings on Monday said India's steady GDP growth outlook, improved banking sector's financial health and expected interest-rate cuts in 2025 will support credit access for corporates in FY26. The credit metrics of rated Indian corporates is expected to improve in the next financial year (April 2025-March 2026) driven by wider EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margins, despite high capex intensity.

Jeff Bezos' Blue Origin prepared for the inaugural launch of its New Glenn rocket from Florida early on Monday but extended the mission countdown to study unspecified last-minute issues, as it neared a pivotal debut in Earth orbit to break into the satellite launch market, reported news agency Reuters.

Bombay High Court on Monday said the trial in the last year's Badlapur school sexual assault case should be fast-tracked and conducted expeditiously as the victim girls are very young. In August last year, a male attendant sexually assaulted the two girls — aged four and five — inside the toilet of their school located in Badlapur area of Maharashtra's Thane district.

Kalkaji constituency. Before commencing her rally, Atishi, accompanied by AAP leader Manish Sisodia, visited Gurudwara Shri Guru Gobind Sahib in Giri Nagar. Earlier in the day, she offered prayers at the Kalkaji Temple, dedicated to Maa Kali, seeking blessings for her campaign.

Subscribe to enjoy similar stories. Domestic metal and mining companies with strong volume track records, superior product mixes and near-term expansion plans are expected to hold fort against swings in global prices and geopolitical uncertainties in the remainder of FY25, experts said ahead of the December quarter earnings season (Q3FY25). Jindal Steel and Power Ltd (JSPL) and aluminium manufacturer Hindalco Industries Ltd have emerged as the top picks in the ferrous and non-ferrous metal categories, respectively.

PB Fintech, the parent company of Paisabazaar and Policybazaar, tumbled 6.7% in Monday’s intraday trade to a low of Rs 1,730.50 after global brokerage firm Morgan Stanley downgraded PB the stock’s rating to «Underweight» with a target price of Rs 1,400. Morgan Stanley has previously assigned an «Equal Weight,» rating to the stock. Additionally, the stock's target price indicates a potential for a 24% downside from Friday's closing price.

MOIL Ltd.(up 2.87%), Lexus Granito(India)Ltd.(up 1.24%), Ashapura Minechem Ltd.(up 0.31%), Aro Granite Industries Ltd.(up 0.23%) and Coal India Ltd.(up 0.05%) were among the top gainers.

On the BSE, Betex India(down 12.24 per cent), Goblin India(down 12.00 per cent), Sangam Renewables(down 11.67 per cent), Vishvprabha Ventures(down 11.23 per cent) and Purple Entertainment(down 10.21 per cent) were among the stocks that plunged over 5 per cent during the session.

ICICI Lombard General Insurance Company Ltd. traded 0.3 per cent in Monday's trade at 10:30AM (IST). Around 640 shares changed hands on the counter. The scrip opened at Rs 1860.15 and touched an intraday high and low of Rs 1886.20 and Rs 1860.15, respectively, in the session so far. The stock of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high of Rs 2285.85 and a 52-week low of Rs 1354.80.

Stocks that rallied over 10% included, J. Taparia Proj(12.85%) and Keerthi Ind(10.80%).