Market News

Top picks include FMCG majors ITC, Hindustan Unilever (HUL), and Britannia, alongside private banking heavyweights Kotak Mahindra Bank and ICICI Bank.

A greater focus on executing large-scale projects and high-margin segments such as EP, Industrial, and operation and maintenance augurs well for VA Tech's margins.

In its latest note, Morgan Stanley has pointed out that there are significant headwinds for Suzlon going forward, particularly when it comes to new orders and execution.

Hindalco Industries, IRCTC, and Mahindra & Mahindra are among the companies that will declare results this week.

The brokerage retain Accumulate rating on Hero MotoCorp and revises target price.

The Rs 2,800-crore Fractal Analytics IPO will remain open for subscription from Feb. 9 to Feb. 11.

Asian stocks rose following a Wall Street rally, led by Nikkei's 5.7% surge after Prime Minister Takaichi's election win, boosting market optimism and cyclicals over tech.

Brokerages broadly agreed that SBI's loan growth—running in the mid-teens year-on-year—was among the strongest in the large-bank universe.

SBI Chairman CS Setty says the positive environment created by recent trade deals and the Union Budget will support the economy and boost credit demand.

Analysts have tweaked share price targets and future outlook after some of these companies announced their December quarter results.

P N Gadgil Jewellers, Trident, Sri Lotus Developers and Realty and Bajaj Electricals are some of the other names that will announce quarterly results on Monday.

The GIFT Nifty, an early indicator of Nifty's performance in India, rose 0.2% to 25,935.50 as of 7 am.

Nirmal Bang remains positive on SBI, maintaining its Buy rating as it expects steady loan growth, strong profitability and resilient asset quality to drive longterm performance.

Oil prices fell as easing Middle East tensions reduced supply disruption risks, with Brent below sixty eight dollars and WTI near sixty three dollars a barrel.

Brent crude futures dropped 89 cents, or 1.31%, to $67.16 a barrel. U.S. West Texas Intermediate declined 79 cents, or 1.24%, to $62.76 a barrel.

HDFC Securities recommends 'Buy' call for Hero MotoCorp, Siemens, 'Add' J Kumar among others — Check full list

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Kalyan Jewellers Ltd., Tata Steel Ltd., SJVN Ltd., Indian Renewable Energy Development Agency Ltd., and Sula Vineyards Ltd. are some of the stocks to watch on Monday.

In Mumbai, the financial heart of the country, 24-carat gold is retailing at approximately Rs155,000 per 10 grams.

Vedanta tops the list among the dividend-paying companies with a one-year yield of 6.64%.