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Financial & Morning Market Updates – 18 March 25
Strong Global cues, strong Indian consolidation and good buying in Indian Heavyweight particularly from banking and financial sector led to strong close yesterday.
As per analyst, the present consolidation phase will end once the markets cross the hurdle of 20 day Exponential Moving Average near 22600.
Yesterday ₹ showed further strength and appreciated 24 paise to reach 86.81 against US dollar. Presently dollar is at its 5 month low.
New Demat acct opening has hit new low and reached its lowest level since May 2023. Only 23 lakh new acct has been opened in February against 28 lakh in January 2025.
Advance Tax collection grew by 2.5% yoy in the current March Qtr.
Bajaj Allianz Insurance have broken their 24 year old partnership and will now be sole owner of Bajaj Allianz general and life insurance by acquiring 26% stakes.
India’s export continue to fall and shrank by around 11% in February. Imports dipped by 16.3%.
As per Manish Sonthalia, Emkay Investment, Nifty50 is expected to give returns of 10 to 12 % growth. Nifty may reach 24500-25000 between Dec 2025- Mar2026.
BYD unveiled a new system for its electric car , which charges 470km range battery in 5 minutes and car can reach speed of 100 kmph in 2 seconds. A new challenge for Indian Electric car makers TATA and Mahindra!!
If someone says , “It’s Liquor and Cigarette sales, which shows signs of Recession” is now turning true in US. Signs of Economic anxiety is seen in US as sales of 50 ml liquor bottles have risen suddenly compared to full size bottle. And same trends are seen in cigarette sales , where smokers are opting for buying single packs over full cartons, signalling a shift towards cost conscious spending.
Amazing but important signs and development in US😊
Do you know…, Indian UPI now works in seven countries ie UAE, Nepal, Bhutan, Singapore, Mauritius, France and Sri Lanka.
India’s smartphone exports jumped by 54% in FY 24-25 till February.
Stock News
Power Finance has declared interim dividend of Rs 3.5 with ex date as 19 March.
IRFC has approved interim dividend of Rs 0.8 per share with ex date as 21 March
Indusind raises 11000 cr via CDs to boost investors confidence
Tata motors is increasing all commercial vehicle price by 2% wef 01 Apr 25
Maruti is increasing, ALL CAR PRICES by 4% wef 01 Apr 25. So if u r planning to buy Maruti car, Buy before 01 Apr 25 and save money.
Founder of Spicejet Ajay Sharma will infuse fresh capital of 294 cr into Spicejet.
NBCC bags order for Rs 44.5 cr from MGIRI, Wardha
Ircon- badri rai & co JV wins Rs 1096 cr EPC contract from Meghalaya Govt.
Torrents gets nod for 67% stake in IPL franchise Gujarat Titans.
ONGC recieves Rs 113.2 mn rupees tax demand from Joint Commissioner Stare tax Jodhpur.
Moody’s puts Indusind Banks credit assessment on review for downgrade.
NMDC declares it’s interim dividend of Rs 2.30 per share with record date of 21 March.
Markets Today
US markets ended on positive note and Asian Markets are in Green.
Indian markets are also set to open good in Green.
A opening of around 100 points + up is expected at around 22600+.
And today’s close of market… If above 22600, will give a final call of end of consolidation phase and good prospect of move up to 22800-23000 levels ahead.
On down side, a strong support lies at 22350-22400 levels
Stock Recommendations
ET & other brokerage co has given some strong recommendation as per their Analyst.These stock are expected to give 27% to 72% returns
Tata Motors
CMP- 661
Tgt- 840
Brokerage – HSBC
Varun Beverage
CMP-507
Tgt- 675
Brokerage – JM financial
Kirloskar Oil Engines
CMP-668
Tgt – 1150
Brokerage – Motilal Oswal
Bajaj Finance
CMP-8580
Tgt- 8978
Recommended by ET
NTPC
CMP-332
Tgt- 348
Recommended by ET
Voltas
CMP- 1460
Tgt- 1540
Recommended by ET
PVR Inox
CMP- 901
Tgt- 1610
Brokerage- JM financial
Gold/Silver
Gold held steady at 91000 levels. Next gold rates will now depend on US Federal policy decision on Wednesday
Silver too traded flat.
Investor’s focus should now shift to accumulation of quality stocks in staggered manner from medium term prospective.
Please dont look for “Quick Money Stocks”, instead look for “Strong fundamental stocks” .
A good list of Large caps stocks are already on way up and limited mid cap stock will help u grow out of this volatility!!
Happy Investing!!
Disclaimer: All investments are subject to market risks. Please check the fundamentals and other stock market parameters carefully in detail before investing. Also, it is always good to consult a qualified financial advisor for stock market investments. Opinions and Recommendations above are Authors’ personal, you are should carry out your own checks & balances and due diligence before investment.
