The Indian market is set to trade higher on Thursday, tracking positive global cues. India VIX dropped 1.16% to 13.67, keeping volatility low. Derivative data suggests a neutral stance, with 22,500 as resistance and 22,000 as support. Analysts recommend stocks like Tata Motors, Bajaj Auto, and JSW Steel for short-term trades.

IRFC plans to boost margins by expanding lending beyond railway projects, exploring metro financing and refinancing World Bank loans. The PSU is also diversifying into power, mining, and telecom sectors. With Rs 4.6 lakh crore owed by Indian Railways, IRFC remains cautious on external borrowings. The stock has surged 318% in two years despite recent corrections.

When the closing price surpasses the VWAP, it suggests that the stock traded higher on average throughout the day, weighted by trading volume.

Indian benchmark indices Sensex and Nifty opened higher for the second consecutive session driven by gains in key sectors like auto, financial, and metal stocks. The gains were influenced by US President Donald Trump s temporary tariff reprieve on automobile imports from Mexico and Canada.

Motilal Oswal Financial Services recommends buying HDFC Life Insurance with a target price of Rs 800. HDFC Life reported a significant drop in income for the latest quarter but plans to sustain a balanced product portfolio and expand its market presence. The company expects minimal impact from regulatory changes and aims for stable margins.

Investors face challenges with the buy-the-dip strategy as markets remain volatile. Asset allocation, focusing on safe equities, and patience are recommended strategies. Experts suggest combining equities with other assets and maintaining a long-term perspective to navigate the bear market effectively.

Axis Securities has issued an overweight call on State Bank of India, setting a target price of Rs 1025 with the current market price at Rs 721.75. SBI reported a consolidated total income of Rs 167853.57 crore for the quarter ended 31-12-2024 and a net profit of Rs 18853.16 crore.

Motilal Oswal Financial Services recommends buying UltraTech Cement with a target price of Rs 13,700, projecting a 32% CAGR in PAT from FY25-27. With anticipated growth driven by demand recovery, government spending, and real estate growth, the company is set to benefit. Current market price is Rs 10,366.8 with promoters holding a significant stake.