Analysts are bullish on Bharti Airtel and Titan, citing strong quarterly results and positive outlooks. Ambuja Cements shows robust EBITDA, while Ajanta Pharma beats estimates with strong international growth prospects. Westlife Foodworld faces EBITDA concerns despite growth investments, with industry recovery remaining a key focus for investors.
Asian shares rebounded on Thursday, recouping earlier losses as positive US jobs data and a Wall Street rally boosted investor sentiment. Major Asia-Pacific markets traded higher, with Japan’s Nikkei 225 leading the gains. Investors also watched developments regarding US tariffs and monitored commodity prices.
Top stock market recommendations: Nuvama Professional Clients Group’s Deputy Vice President Aakash K Hindocha recommends buying Delhivery, Kalpataru Projects International, and Gravita India. He notes Nifty’s recent pullback near 26100 and Bank Nifty’s double inside bar formation.
The Supreme Court is hearing cases challenging President Trump’s reciprocal tariffs, implemented under the International Emergency Economic Powers Act. Justices expressed skepticism regarding the legality of using emergency legislation for broad tariff imposition, questioning potential infringement on congressional taxing authority. The ruling could significantly impact global trade and presidential powers.
A 25-year SIP of Rs 10,000 in top equity mutual funds has yielded crores, with Nippon India Growth Mid Cap Fund leading at Rs 8.81 crore. The analysis of 36 funds highlights the significant wealth creation potential of consistent long-term investing, showcasing impressive XIRRs.
India’s fuel exports saw a significant 21% drop in October, primarily due to refiners prioritizing domestic demand during the festive season and addressing refinery outages. Nayara Energy’s exports were also constrained by sanctions. While diesel exports declined, petrol sales saw a healthy increase, indicating mixed domestic consumption trends.
