News

Jio Financial shares in focus after likely block deal
Jio Financial shares : The company reported a slight 0.32% increase in consolidated net profit for Q3 FY25, with earnings of Rs 294.78 crore compared to Rs 293.82 crore in the same period last year. Revenue from operations rose by 5.98% to Rs 438.35 crore for the quarter ending December 2024.

Motilal Oswal sees over 20% upside in Polycab India; Is it time for valuation multiple de-rating in C&W market?
UTCEM’s entry into the C&W market is viewed as a strategic move by the Aditya Birla Group, aiming to position itself as a top 2-3 player in every sector it enters. While this capital allocation might raise concerns, Motilal Oswal suggests that UTCEM’s primary focus on cement remains unchanged.
Stocks to buy in 2025: HDFC Life, Varun Beverages among top 5 stocks that could give 18-40% return
Several leading brokerage firms have recently shared their investment recommendations on a range of companies across different sectors, highlighting attractive growth prospects and potential upside in the next 12 months.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

China curbs US stock listings for homegrown companies: Reports
China's securities regulator is tightening control over U.S. listings of small homegrown companies, citing concerns over market manipulation and significant losses for U.S. investors, following reports of price-rigging practices.

NTPC Green Energy shares crack 10% this week, fall below Rs 100 mark after 3-month lock-in period ends
NTPC Green share price: Year-to-date (YTD), NTPC Green Energy shares have dropped by 24.95%, showing a substantial decline over the period. The stock has fallen by 21.54% over the past three months and by 11.5% in the last month alone.

F&O exclusion: UBL, PVR Inox among 16 stocks to exit derivatives segment tomorrow; last day to trade
Starting February 28, 2025, 16 stocks including United Breweries and PVR Inox will exit the derivatives segment, trading only in the cash market. February 27 is the last day to trade their F&O contracts. The exclusion follows the December 20 announcement by NSE.

Stock Radar: SRF gives a breakout from Pole & Flag pattern to hit fresh highs in February 2025; what should investors do?
SRF Ltd experienced a breakout from a Pole & Flag pattern in January 2025, reaching record highs by February 2025. Despite a brief dip, experts predict a continued upward trend, with targets above 3000 levels. The stock remains strong, trading above key moving averages on weekly charts.
BULL'S EYE
Top 5 ELSS funds with up to 23% returns in 3 years
New NPS fees from January 2025: Full breakdown of charges
Top 5 aggressive hybrid equity funds with up to 38% returns in 1 year
Know why this may be the right time to buy a house
SC says no to Ganesha in Idgah Maidan
Can rent agreements be made for more than 11 months?
Law on wages: 5 things that are set to change
SBI ups rates of repo rate linked home loans
SBI has increased its home loan external benchmark lending rate (EBLR) to 7.05 percent, while the
Taliban official: At least 100 dead, wounded in Afghan blast
Market Movers
Adv: '+data.paidAds[0].brandtext+'
'; conObj.innerHTML = conText; conObj.style.display = 'block'; } }
Bandhan Bank, IndusInd Bank, NBFC stocks rally up to 8% as RBI lowers risk weights
Shares of IndusInd Bank, Bandhan Bank, and NBFCs surged up to 8% after the RBI eased risk-weight norms on loans to NBFCs, effective April 1. The move, reversing a tightening measure from November 2023, is seen as a positive for the sector, especially for lenders with microfinance exposure. Analysts expect further adjustments in the RBI's risk-weight framework.

UltraTech Cement shares slide 5% on entering wires & cables segment. What brokerages say?
UltraTech Cement share price: Jefferies suggests that any immediate negative market reaction to this move should be seen as a buying opportunity. While the new segment targets a similar customer base as cement, the sales channels are different.

Stocks to buy today: Jefferies sees 48% upside in Jubilant FoodWorks; Morgan Stanley remains overweight on Titagarh
Jefferies has maintained a 'Buy' rating on Jubilant FoodWorks, expecting strong growth fueled by industry trends in the Quick Service Restaurant (QSR) sector and strategic efforts to revitalize its dining business.

Wired for a shock: Polycab, KEI, Havells shares crash up to 15% on UltraTech entry
Polycab share price: Shares of wires and cables manufacturers plunged as UltraTech Cement announced its foray into the industry. Polycab India and KEI Industries hit 10% lower circuits. UltraTech plans to become a holistic building solutions provider with Rs 1,800 crore capex, sparking fears of margin pressures and competition.

Valuations still hot as 60% NSE500 stocks trade above 5-year PE levels. What should investor strategy be?
Despite a five-month market downturn, 60% of NSE500 stocks are still trading above their 5-year PE levels, suggesting overvaluation. Analysts advise focusing on quality stocks in banking, financial services, FMCG, and metals for long-term gains, with balanced portfolio allocation.

Big red flag? Promoter holding in Nifty stocks crashes to 22-year low as insiders cash out
Promoters of Nifty50 firms are selling their stakes at an unprecedented rate, leading to promoter ownership hitting a 22-year low of 41.1% in the December quarter. As they cash out at peak valuations, institutional investors, particularly domestic mutual funds, are stepping in to fill the void.
Key takeaways from Ajay Argal on what could trigger next market rally
The markets have remained turbulent in recent months, driven by heightened volatility, global economic uncertainties, and sectoral shifts. Nifty has witnessed a significant correction from its peak, reflecting investor concerns over stretched valuations, rising interest rates, and external macroeconomic headwinds.Despite this correction, fund manager Ajay Aragl of Franklin Templeton, in an interaction with ETNow stated he believes that the market’s downturn may be more of a time correction rather than a sharp price collapse. With valuations still slightly above historical averages, the market may require a period of stabilization before regaining strength. Here are the key takeaways:

Sensex gains over 100 points, Nifty surpasses 22,550, financials lead amid mixed global cues
Among the top gainers from the Sensex pack, Bajaj Finance, IndusInd Bank, Bajaj Finserv, Tata Steel, and HDFC Bank rose by up to 2%. On the other hand, UltraTech Cement, Kotak Bank, Power Grid, and NTPC opened in the red. Sector-wise, the Nifty Bank and Financial Services indices gained 0.45% and 0.65%, respectively.
Jim Rogers’ Market Outlook: Preferred investments vs red flags
Diversification is crucial in the stock market as it helps reduce risk by spreading investments across various assets. A well-diversified portfolio minimizes losses from market volatility and enhances long-term stability and returns and veteran investor and commodity expert Jim Rogers does exactly that.Rogers, in an interaction with ETNow, shared his views across various asset classes and how he is bullish on silver, agriculture, and oil & natural gas. He further threw light on other themes where he remains cautious and what he finds interesting.