Uncategorized

On Wednesday, market tech analysts Mitessh Thakkar and Shilpa Rout and Futures and Options analyst Chandan Taparia recommended these stocks for the short term.

The move in most of these steel stocks comes after the Directorate General of Trade Remedies (DGTR) recommended the imposition of a provisional safeguard duty on Flat Steel Products.

For FY26, Muthoot Finance has set a conservative guidance of 15% AUM growth but expects to exceed this target.

The reasons for their exits remain unclear. CNBC-TV18 reached out to the four officials for a comment, but they did not respond. A formal statement from Hero MotoCorp is awaited.

Following Pidilite’s analyst meet, Nuvama reiterated its confidence in the company, calling it a ‘compounding machine,’ while Citi maintained a ‘Sell’ recommendation on the stock.

An important date for Bajaj Housing Finance going forward will be April 15, as that is when its one-year shareholder lock-in period will end. 

The Federal Open Market Committee (FOMC) will meet on March 18-19, but markets will be focused on the dot plot projections rather than immediate policy changes.

Last week, ICICI Securities had double upgraded this Tata Group stock to “Buy” from its earlier rating of “Hold.” Alongside this upgrade, the brokerage had also raised its price target to ₹1,840 from ₹1,690 earlier. 

On the global front, spot gold hit a record high of $3,038.90 per ounce before stabilising at $3,035.12 per ounce.

India produced 23.8 million tonnes of sugar as of Saturday, accounting for 90.15% of the production estimate for 2024-25 (Oct-Sept), the Indian Sugar and Bio-Energy Manufacturers Association said on Tuesday.