Trade Financial News

buy call on Maruti Suzuki India with a target price of Rs 14500. The current market price of Maruti Suzuki India is Rs 12141.8. Maruti Suzuki India, incorporated in 1981, is a Large Cap company with a market cap of Rs 384119.77 crore, operating in Auto sector. Maruti Suzuki's key products/revenue segments include Passenger Cars & Light Duty Utility Vehicles, Spare Parts & Components, Other Operating Revenue, Service Income, Scrap, Rental Income for the year ending 31-Mar-2024.

Sensex and Nifty opened flat on Budget day, when investors would be closely tracking Finance Minister Nirmala Sitharaman's plan to boost domestic consumption by cutting income tax rates. The BSE Sensex was up 32 points, or 0.04%, at 77,513, while the Nifty50 slipped 6 points, or 0.02%, to 23,502 around 9:19 am.

Vishal Mega Mart shares will be in focus on Saturday, February 1, after the supermarket chain reported a 28% year-on-year (YoY) increase in net profit to Rs 262.7 crore for the third quarter of FY25, up from Rs 205.3 crore in the same period last year. Revenue from operations rose 19.5% to Rs 3,136 crore, compared to Rs 2,623.5 crore in Q3 FY24.

silver March futures contracts were trading slightly higher at Rs 93,453/kg, up by 0.13% or Rs 125. Ahead of the Union Budget 2025, due to be presented later today, gold, on MCX, made yet another new all-time high of Rs 82,600/ 10 g on Friday and has surged by Rs 1,550/10 gram in this week alone. Meanwhile, silver prices have gone up by Rs 1,850/kg.

Nifty Smallcap 100 and Nifty Midcap 100 delivering returns of over 78% and 70%, respectively. But the tide seems to be turning as these indices enter a cooling-off phase. Currently, the Smallcap index has corrected by 20%, while the Midcap index is down 16% from their all-time highs. Is this just a healthy breather or a sign of deeper challenges? In this article, we’ll explore past corrections, current trends, and what they could mean for the investors.

«There is a little discontent among a lot of people, the common man, whether the left wing or the right wing, everybody feels something we are missing. Maybe this budget will open up something like that,» says Porinju Veliyath, Equity Intelligence India. What is it looking like? Could this be the big swing factor that could perhaps take the markets out of the kind of pain that we have been in? Porinju Veliyath: See, the market is going through some correction is fine, but cannot call it a huge pain.

buy call on NTPC with a target price of Rs 430 (Rs 495 earlier). The current market price of NTPC is Rs 319.9. NTPC, incorporated in 1975, is a Large Cap company with a market cap of Rs 310390.28 crore, operating in the Power sector. NTPC's key products/revenue segments include Generation Of Electricity, Other Operating Revenue, Consultancy Income and Lease Rentals for the year ending 31-Mar-2024.

V Anantha Nageswaran, Chief Economic Advisor, says there are some challenges in the path of India achieving 7% plus growth in FY26 is a significant and prolonged spillover from global market correction onto Indian markets. The other risk factor, once again, can be what happens to the monsoon, etc, and also whether hiring and compensation, etc, in the private sector continue to lag behind profitability growth. Those are all the risk factors that can make this estimate come towards the lower end of the range rather than towards the upper end of the range or even better than that. Is there a scope of overperforming? Is seven plus percent growth possible in FY26? V Anantha Nageswaran: Yes, indeed, it is possible. It all depends on the speed with which some of the global factors play out and also whether any significant spillover happens from global financial markets, etc. And, of course, as always, the monsoon will be critical as well, and the speed with which private sector is able to look at hiring and compensation practices afresh and if the deregulation agenda also gathers momentum, it will also influence sentiment in a positive way leading to more investments and more hiring, etc. So, there is scope for this number to be exceeded in reality in FY26.

The 25% tax that President Donald Trump plans to slap as soon as Saturday on imports from Canada and Mexico could drive up the price of everything from gasoline to pickup trucks to the guacamole dip that features so prominently at American Super Bowl p...

Subscribe to enjoy similar stories. Retail investors, high net worth individuals (HNIs) and proprietary traders have created derivatives positions that indicate that the stock markets could move within a 4% range on Saturday, when Union finance minister Nirmala Sitharaman presents the Budget for fiscal year 2025-26. The positions were created on a day the markets rose for the fourth straight session.

markets rallied for four days in the lead up to the Budget in anticipation of a pro-growth and fiscally prudent policy announcements. Now, all the focus will turn to Nirmala Sitharaman, where the finance minister will present a record eighth Budget. «Market expects reductions in individual tax and job generation to boost consumption. By cutting the fiscal deficit but continuing to boost infrastructure spending, the government may set the tone for a potential recovery in the consolidating market,» said Vinod Nair, Head of Research, Geojit Financial Services.

stock market will be open for a special trading session today, Saturday, February 1, 2025, as Finance Minister Nirmala Sitharaman presents the Union Budget for the fiscal year 2025-26. Both the National Stock Exchange (NSE) and the BSE confirmed in a circular issued earlier this week that trading will continue as per regular market hours. Market timings for Budget day On Budget day, the trading schedule will follow its usual timings. Pre-market trading will begin at 9:00 AM and run until 9:08 AM, after which equity market trading will take place from 9:15 AM to 3:30 PM.

Investors have been bracing for further tariff news after Trump has repeatedly warned about using the measure. Uncertainty over the impact of tariffs has muddled the outlook for the economy and inflation.

ITC, Sun Pharma, Vishal Mega Mart, Infosys, Hero MotoCorp, HUL, RVNL, IRCTC and a slew of other stocks that will be in focus on the Budget day. Stocks in news for Q3 results:

Trump said on Friday he would impose hefty new tariffs of 25% on goods from Mexico and Canada and 10% on imports from China, and nothing could be done by the three countries to forestall them.

President Donald Trump has repeatedly discussed imposing tariffs, both on the campaign trail and since taking office — and the first tranche, on goods from Canada, China and Mexico will take effect Feb. 1, the White House confirmed on Friday.

WASHINGTON — United States President Donald Trump will implement 25 per cent tariffs on Canadian imports on Saturday as promised, White House Press Secretary Karoline Leavitt said Friday.

The Canadian economy contracted by 0.2 per cent in November, the largest monthly decline in a year, Statistics Canada said on Friday.

It’s starting to look like we might not be able to dodge those tariffs after all.

Gold prices have reached a record high as investors buy the precious metal in response to growing concerns over US president Donald Trump’s tariff plans and broader economic uncertainty, reported Reuters.