Experts Financial News

Goldman Sachs remains optimistic about Mahindra & Mahindra (M&M), raising its target price and emphasizing strong demand in the SUV and tractor segments.

₹599 to ₹629 per share. The company announced on Friday that it has raised over ₹379 crore from anchor investors, just ahead of the initial share-sale launch.

The recent market correction, especially in the mid cap/small cap segment, has certainly made select businesses worth adding to portfolios, says Chandraprakash Padiyar, Senior Fund Manager, Tata Asset Management. «We have deployed quite aggressively in our funds during the current correction – however the deployment has been in select businesses and not across the board,» he says.

Manickam Tagore on Monday moved an adjournment motion in the Lok Sabha to discuss and demanded a discussion on the arrest of 14 Indian fishermen by the Sri Lankan Navy.

Australian government will urge the United States to grant exemptions on steel tariffs and has raised the issue with President Donald Trump's administration, Prime Minister Anthony Albanese said in parliament on Monday.

Indian Army, along with the Assam Rifles and in coordination with the Manipur Police and other security forces, nabbed eight cadres and recovered 25 weapons, ammunition, and warlike stores in a series of joint operations conducted in multiple districts of Manipur, officials said on Monday.

In an interview with ETMarkets, Ambani said: “The Budget was satisfactory and largely in line with expectations. While some may perceive slower growth in the government’s capital expenditure on roads and railways for FY26, the overall capex has been maintained at the desired levels, as a percentage of GDP and total expenditure,” Edited excerpts:

The short-term trend in pharma stocks appears positive, and pharma ETF could be a good option for a short-term long position, says Rupak De, Senior Technical Analyst at LKP Securities. In this chat with ET Markets, he also shares 3 stock ideas for the week — Kotak Mahindra Bank, JSW Steel and Godfrey Phillips. Edited excerpts:

Indian market is likely to consolidate on Monday tracking muted global cues. The Nifty future closed in the negative with losses of 0.28% at 23,622 levels on Friday. India VIX closed 3% lower at 13.68 in the previous trading session.

Tata Steel and JSW Steel among others may remain in focus on Monday after US President Donald Trump announced his plans to impose new 25% tariffs on all steel and aluminium imports. This may impact companies like Tata Steel, JSW Steel, Jindal Steel and Power, SAIL, Jindal Stainless and NMDC.

VA Tech Wabag will be in focus on Monday after the water technology company announced winning a Rs 3,251 crore ($317 million) consortium order for the Al Haer Independent Sewage Treatment Plant (ISTP) in Riyadh, Saudi Arabia. The company has won the engineering, procurement, and construction (EPC) order of a 200 MLD independent sewage treatment plant (ISTP), including connections to outfall delivery facilities.

Life Insurance Corporation of India (LIC) shares will be in focus on Monday after the company reported a 16% year-on-year (YoY) growth in consolidated net profit for the December quarter, reaching Rs 11,009 crore compared to Rs 9,469 crore in the same period last year. The net premium income in Q3FY25 stood at Rs 1,07,302 crore, down 9% from Rs 1,17,432 crore reported in the corresponding quarter of the last financial year.

Delhivery shares will remain in focus on Monday after the company reported a 114% year-on-year (YoY) jump in its December quarter net profit at Rs 25 crore versus Rs 12 crore reported in the year ago period making it the third consecutive profitable quarter for the company. The revenue from operations in the reported quarter stood at Rs 2,378 crore, witnessing an 8% jump over Rs 2,194 crore reported in the corresponding quarter of the previous financial year.

Ajay Bagga, Market Expert, says Prime Minister Modi's visit to the US next week is a good sign. It is anticipated that India will sign some defense agreements and announce equipment purchases. Additionally, there are already signs of tariff relief on US products. We can expect a handshake that may draw attention to the markets. Although the recent earnings season was not strong, the upcoming quarter appears more promising, and with the rate cut, rate-sensitive sectors should perform better. What is your take on the markets overall? How much of the positives in terms of the Union Budget as well as the RBI monetary policy coming as per expectation is now priced in and what will drive the markets ahead because January has been quite wobbly. In February, we seem to be stabilising a bit but what is the way forward? Ajay Bagga: The Union Budget, on balance, was a good one. In terms of the RBI policy, the positive was the rate cut. What disappointed the market and led to some amount of sell off in the banking stocks. The Budget on balance has been positive for the markets. Infrastructure spend has been maintained. Fiscal deficit goes down, creating some space for RBI to cut rates and consumption gets a boost.

hold call on Info Edge (India) Ltd. with a target price of Rs 8,000. The current market price of Info Edge (India) Ltd. is Rs 7983.75. Info Edge (India), incorporated in 1995, is a Large Cap company with a market cap of Rs 104330.77 crore, operating in the Services sector. Info Edge's key products/revenue segments include Sale of services for the year ending 31-Mar-2024.

Bank of India (RBI) may cut interest rates further by 50 basis points (bps) in 2025 and shift its stance from «neutral» to «accommodative,» according to a report by Bank of Baroda.

Gold prices firmed on Monday, and hovered near a record high hit in the previous session, as investors sought refuge in the safe-haven asset after U.S. President Donald Trump's decision to impose fresh tariffs sparked concerns of a global trade war.

Trump also said he will announce reciprocal tariffs on Tuesday or Wednesday, applying them to all countries and matching the tariff rates levied by each country. The move adds to jitters over a global trade war, with China's retaliatory duties on U.S. goods due to take effect on Monday.

Oil prices ticked higher on Monday even as investors weighed U.S. President Donald Trump's latest tariff threat, this time on all steel and aluminium imports, which could dampen global economic growth and energy demand. Brent crude futures climbed 40 cents, or 0.5%, to $75.06 a barrel by 0133 GMT while U.S. West Texas Intermediate crude was at $71.38 a barrel, up 38 cents, or 0.5%. The market posted its third consecutive weekly decline last week on concerns about a global trade war.

tax incentives serve as crucial catalysts for developing saving habits, others argue for a free-hand approach, suggesting that individuals should be left to make financial choices without government manipulation through the tax code.

mutual funds. We examine the key fundamentals of Canara Robeco Bluechip Equity Fund, its portfolio and performance to help you make an informed investment decision.