Top stock picks | Grasim, KPIT Tech, Bandhan Bank, Godrej Properties on the radar

On Tuesday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.

On Tuesday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.

Bullion rose as much as 0.4% to top $3,400 an ounce, following a 1.4% slide on Monday, which was the biggest daily decline in a month.

Brokerage firm Kotak Institutional Equities has retained its ‘Reduce’ stance on the stock, as its awaits clarity on end-use of growth capital and a broad-based recovery in the linear TV ad environment.

Interestingly, the block deal comes just a day after the shareholder lock-in had ended for the company, making as many as 256.2 crore shares or 56% of the company’s outstanding equity eligible to be traded.

This is the company’s second land acquisition this month in the Kharadi–Wagholi belt, taking the estimated cumulative revenue potential from the two developments to approximately ₹7,300 crore.

Before the auto tariff imposition, the standard US import duty on passenger vehicles was 2.5%, which means, although the new tariff rate will be lower than the reciprocal tariffs, they will be higher than the earlier standard rate.

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The two companies are also exploring joint product development for Indian and global markets, either by adapting existing Indra products or create new ones to meet customer needs, Axiscades said in its exchange filing.

US Stock Market Live: Futures on Wall Street have declined on Tuesday morning Indian time after an uneasily positive session to start the truncated week. The Dow futures are currently down 100 points, while the S&P 500 and Nasdaq futures…

As part of the proposal, consequential amendments will be made to the company’s Memorandum of Association and Articles of Association. Shares of Jindal Steel and Power Ltd ended at ₹920.50, down by ₹0.20, or 0.022%, on the BSE.