Ambuja Cements shares may attract attention after receiving unconditional approval from the Competition Commission of India (CCI) for its acquisition of Orient Cement. The company will acquire 37.90% and 8.90% of Orient Cement s share capital through a share purchase agreement and make an open offer for 26% of the expanded capital at Rs 395.40 per share.

Low PE stocks, including TCS, Infosys, SBI, and others, present significant long-term investment potential. Trading below industry averages, these stocks could offer substantial returns up to 57%, as predicted by brokers. Diverse sectors within the Nifty100 index promise growth, supported by Trendlyne data.

Indian benchmark indices gained on Wednesday following the longest losing streak in three decades. The BSE Sensex rose by 504 points, and the Nifty 50 was up by 154 points, led by Mahindra & Mahindra, ICICI Bank, and others. The Nifty IT and Auto indices also saw significant increases.

BSE share price: The expiration date for monthly contracts has been moved to the last Monday of the expiry month for all the specified contracts. Furthermore, Nifty s weekly contracts will now expire on Mondays as well.

Reliance Industries Ltd (RIL) faces attention after its subsidiary, Reliance New Energy Battery Storage Ltd (RNEBSL), was penalized Rs 3.1 crore for missing a deadline under India’s PLI scheme for battery cell manufacturing. The penalty relates to a delay in achieving a key milestone in the development of a 10 GWh battery manufacturing facility in Gujarat.

Power Grid Corporation of India won three inter-state power transmission projects under a tariff-based bidding process. These include transmission systems for Rajasthan Renewable Energy Zone phase-5, Gujarat s Banaskantha power station, and Kurnool-IV REZ phase-I. Despite securing these projects, Power Grid reported a 4.1% decline in net profit for December 2024 quarter.

The markets are very nervous precisely because there is a lot of uncertainty and as we all know markets do not like uncertainty. And the new administration has provided plenty of it. So, what do we do in such situations?

Jefferies, JPMorgan, and Morgan Stanley have expressed positive views on Varun Beverages, M&M Financial Services, and Polycab India, respectively, maintaining favorable ratings and increasing target prices.

Motilal Oswal Financial Services has issued a buy recommendation for EPL with a target price of Rs 270, citing expected healthy sales growth and margin expansion. As of Q3 2024, EPL reported a consolidated total income of Rs 1027 crore and a net profit after tax of Rs 94.20 crore.

Jim Walker, Chief Economist at Aletheia Capital, discusses the likely slowdown in the US economy, potential changes in US trade policies, and the impact on global markets. He emphasizes India s promising growth, stable policies, and the need for deregulation. Additionally, he mentions the appeal of gold and copper investments amid economic uncertainties.