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Markets Today- 27 Jan 25
Tough week ended for sure… With Trump ruling the markets not only in India but world over. Trump was riding Bear instead of Bull for Markets😊
Nifty IT sector gained the most with gain of 3.3% last week and Nifty Realty lost maximum with loss of 9%
And This week is gonna be full of actions…We are into Budget week now… Lots of ifs and buts will move and pull market. A special trading session on Budget day ie saturday will have lots of impact too… Lots of expectations by market in this budget. A big stimulus measures will be required to pull it off from this volatility.
US Fed meeting is also scheduled this week which will further have impact on US and Indian markets.
After Trumps swearing in, Dow Jones is down for first time, it’s down by 0.32%. Asian markets are trading mixed.
II
Nifty levels….
Bullish above 23150
Bearish below 22975
Sideways momentum is expected today. Stay strong.
Some Shakers and movers msgs of markets
A survey recently released has confirmed that 83% of SIP investors have stopped their SIPs in the last 4 months of Market volatility!! Hope you are not the one among them? ❌
ICICi bank managed to beat the bloomberg estimates as it reports incr of 15% profits✅
IDFC bank reports 53% decline in profit YOY❌
Yes Bank net profit rose 165% in Q3 results. Next tgt for share climbs to Rs 21.5 and second tgt as Rs 25(Hensex securities)✅
Bank of India faces Rs 10 million fine by RBI for regulation breach❌
Kalyan Jewellery imposed penalty of Rs 3.4 million by CGST Thane for inadmissible Input tax credit❌
Shri ram finance Q3 profit surges by 14.4%✅
NTPC declares Rs 5 per share dividend for ex date 31 Jan 25.✅
Shant Pumps Q3 profit jumper over 2 times YOY.✅
Mindspace REIT Q3 sales rise by 8.7% but profit dips 1.71% 🟡
NTPC
NTPC reports 3% incr in YOY net profits in Q3✅
All those planning to buy.. So called cheap properties in Dubai should rethink as ED has issued notices to all Indian buyers of Dubai properties to check violations of foreign exchange laws and fund source. So those who are unable to give fund details may have to face problem❌
NTPC Green reports 18% incr in net profit for Q3. ✅
NTPC’s arm NTPC Renewable Energy Ltd won 300 MW solar project from NHPC✅
Projection says Tata Steel may slip into losses in Q3 to weak show and forex loses. One may take necessary action before declaration of Q3 results ie 29 Jan 25.❌
Vedanta Groups firm Hindustan Zinc is likely to be debt free by 2026 as per Ventura securities✅
So this week Q3 results have made Brokerage firms , release new Research reports for the Stocks
ICICI Bank – BUY
CMP- 1209
Tgt 1481
Dr Reddy- Hold
CMP1224
Tgt – 1354
Nippon Life – BUY
CMP 620
Tgt 786
Ujjivan Small Fin Bank- BUY
CMP- 33
Tgt 47.2
Coforge – SELL
CMP- 9234
Tgt- 7072
Zensar- EXIT now
Gold broke 83000 barrier last week and now is trading at 83100 levels. Silver is marginally high.
So a important week to decide market moves ahead with Fed rates and Budget lined up this week. Staying systematic with ur investments is the key to float out of this volatility!!
Happy Investing
Note: 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.
