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Markets Today- 30 Jan 25
Indian Markets showed some further gains towards consolidation.
Midcap and small cap lead the rally where the indices soared by 3.3%
Budget anticipation run seen in markets leading to small but valuable gains.
Also Markets expectations of Rate cut by RBI has pushed market up.
US Fed rate hype has also ended today, with US fed decided to maintain their rates. So as a result US market was down by 0.3 %.
A flattish negative start to day is expected. A small reaction to no change in US Fed rate cut is expected in morning trades.
So question again which is up every one’s mind is….., Are we out of Bearish phase?
And answer is still NO..their are some technical levels which Nifty has to cross and consolidate to come out of this Bearish phase. A sustainable move above 23350-400 levels and consolidations here should negate this bearish pattern.
But yes, Buying time is perfect for stocks you always eyed for, slowly and gradually before you miss the Bus.
Increasing SIP value, adding SIP etc will be perfect way to get back into market.
Lots of buzz coming out of Highway ministry, Railways,Renewable energy, Defence, Insurance etc wrt Budget allotment/announcement. Keep an eye and BUY on these sector stocks which will have great impact on budget day.
Some stock news which can make or break during day
Ambuja Cement net profit up by 157% in Q3✅
Adani Power Net profit rose by 7%✅
Tata motors Net profit fell by 22%❌
Bajaj Fin Net profit rose by 17%✅
Afcons infra bags project worth 1285 cr✅
Indraprastha Gas has announced 1:1 Bonus issue and today is last day to buy. ✅
Mindspace REIT announce Acquisition of property in Raidyurg✅
Triveni Turbine bags a deal worth Rs 2.9 billion from NTPC✅
So here are Today’s Research report released by Various Brokers for BUY/SELL/HOLD
Interglobe Aviation – BUY
CMP- 4293
Tgt- 4814(12% up)
LTI Mindtree – BUY
CMP- 5882
Tgt- 6673(13.5% up)
Emami- BUY
CMP- 572
Tgt- 785( 37% up)
Tata Steel BUY
CMP- 130.8
Tgt- 155(18.5% up)
Colgate Palmolive- HOLD
CMP- 2731
Exit- 2850
Tata Motors- SELL
CMP- 752
Tgt reduced to 720
TVS motor- BUY
CMP- 2465
Tgt- 2650(up 7.5%)
JSW Energy -BUY
CMP- 475
Tgt- 770( up 62%)
JTL Industry – BUY
CMP- 94
Tgt – 115 (up 22%)
Federal Back -BUY
CMP- 186
Tgt- 225 ( up 21%)
Ami Organics- BUY
CMP- 2258
Tgt 2613 (up 16%)
Yatharth Hospital- BUY
CMP 409
Tgt- 620( up 51%)
DLF- BUY
CMP- 745
Tgt 954( up 28%)
360 one wam- BUY
CMP- 1028
Tgt 1350 ( up 31%)
Bajaj Fin – BUY
CMP- 7759
Tgt 9000 (16% up)
Bignews for REIT lovers, Blackstone , India’s largest commercial property owner is all set to ready it’s REIT IPO. Approx Rs 7000 cr IPO next month. IPO may come up in June. If you are into real estate stock market, a big Real estate investment opportunities lies ahead.
Q3 results of 133 companies incl some important stocks lined up for today… Like L&T, GAIL, Dabur, Adani Enterprise, Adani Ports, BEL, Goacarbon, LT, pricol, UFO , Alankit etc
Prediction wise, experts say, L&T is gonna report Solid growth in earning today. So. Morning is ideal time to accumulate L&T , if u can.
Tata consumer Q3 results is expected to be double digit but profitability may be hit.
Gold is going high n high. Yesterday it had touched 83700 levels and is now trading at 83500 levels. A solid 7 % gains in last one month alone and 15% gains in 6 months.
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.