GIFT NIFTY 24697.50 [-0.92%]     DOW JONES FUTURES 40545.79 [0.78%]     NASDAQ 17990.50 [0.38%]     FTSE 100 9284.83 [0.77%]     NIKKEI 225 45354.99 [-0.87%]     HANG SENG 26128.20 [-1.35%]     SHANGHAI 3828.10 [-0.65%]     ASX 200 8146.65 [0.00]    
LT↑2.34% [85.1]     TATAMOTORS↑1.30% [8.6]     ITC↑1.25% [5]     SAMMAANCAP↑1.04% [1.41]     EICHERMOT↑0.88% [61]     RELIANCE↑0.38% [5.2]     DIVISLAB↓-3.80% [-224.5]     M_M↓-3.79% [-133.5]     INDUSINDBK↓-3.78% [-28]     LTF↓-3.19% [-7.77]     UPL↓-3.16% [-21.1]     TATASTEEL↓-2.89% [-4.98]    

Latest Stock Market News

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Tata Motors share price: Morgan Stanley assigned an Equal-Weight rating to the stock, setting a target price of Rs 853 per share. The target price suggests an upside potential of nearly 38% from the stock s closing price on Tuesday.

Shares of Varun Beverages rose due to Jefferies adding the stock to its high conviction list, driven by strong summer demand and attractive valuation. Despite recent competition concerns, Jefferies and CLSA maintain a positive outlook on the company s strong earnings and brand loyalty.

Sandeep Tandon, CIO of Quant MF, discusses the commonality of market corrections even in a bull market. He highlights the importance of handling these corrections with maturity. Tandon is positive about India s near-term market outlook due to favorable currency movements and lower crude prices, despite global trade tension concerns stemming from Trump s policies.

Apollo Hospitals shares are in focus after announcing a partnership with Ion Beam Applications to introduce the Proteus One proton therapy system in India. The company will invest Rs 250 crore over three years to expand its oncology services. This move is expected to increase treatment capacity by 350 patients annually, reinforcing Apollo s leadership in proton therapy across South Asia and the Middle East.

Ola Electric share price: Ola Cell Technologies signed a Program Agreement with the Ministry of Heavy Industries under the Production Linked Incentive (PLI) Advanced Chemistry Cell (ACC) scheme, with IFCI designated as the Project Management Agency (PMA) for the project.

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Biocon share price: Shares of Biocon Ltd rose 3% after Biocon Pharma received FDA approvals for cancer drugs Lenalidomide and Dasatinib, enhancing its US oncology market presence. The company also got tentative approval for Rivaroxaban. Despite recent stock declines, analysts suggest a potential 22% upside. Biocon s Q3 profits dropped sharply due to a previous one-time gain.

Coforge share price: Coforge shares surged by 7% following the announcement of a 1:5 stock split and the acquisition of two companies, Rythmos Inc. and TMLabs Pty Ltd, through its subsidiaries. This strategic move marks significant alterations in their equity share and expansion efforts.

Indian market to trade higher on Wednesday, influenced by positive global trends. Nifty formed a bullish candle but showed lower lows in the last four sessions, indicating shifting resistance. Experts recommend specific stock buys with designated target prices and stop losses for short-term trading.

These 4 stocks closed above VWAP on March 4

Updated at : 2025-03-05 10:20:03

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