Market Expert Sunil Subramaniam highlights the role of Domestic Institutional Investors (DIIs) in driving recent market recovery, aided by a substantial cash reserve and upcoming tax cuts. He suggests investing in rate-sensitive sectors, primarily banking and consumer discretionary stocks, due to favorable economic conditions including anticipated interest rate cuts and improved liquidity.

Apollo Hospitals shares: Apollo Hospitals reported a 52% year-on-year (YoY) rise in its consolidated net profit, reaching Rs 372 crore for the December 2024 quarter, boosted by higher sales. The company had posted a net profit of Rs 245 crore in the corresponding quarter of the previous fiscal year.

NCC shares: Over the past year, NCC s shares have fallen by 13.15%. Year-to-date, the stock has declined by 25.73%. In the last six months, the price has dropped by 34.57%, and over the past three months, it has decreased by 28.27%. However, in the last month, the stock has seen a recovery, rising by 10.25%.

Devang Mehta from Spark Private Wealth believes the market will consolidate and improve within the next one or two quarters, with positive indicators in earnings, capex, inflation, and industrial production. Discretionary consumption, real estate, and NBFCs like Bajaj Finance show promise, anticipating good spending and growth despite recent market corrections.

HDFC Securities has upgraded V-Mart Retail to a Buy rating with a target price of Rs 3,500. The Mid Cap retail company reported a standalone total income of Rs 1,030.11 crore for the quarter ending 31-Dec-2024, up 55.43% from the last quarter. The company’s stock price correction and improved rural cycle have influenced the rating.

Meanwhile, a long bull candle formed on the daily chart with a minor upper shadow, indicating a continuation of strong upside momentum. The Nifty has decisively broken above the down-sloping trendline resistance at 23,000 on the daily chart and 23,250 on the weekly chart, a positive signal for further gains.

Oil prices remained stable on Monday as investors evaluated the potential impact of ceasefire talks between Russia and Ukraine on global oil supply. Prices were influenced by recent U.S. sanctions on Iran and OPEC+ production adjustments, with market participants cautious about future production trends.

Global exchange rates fluctuate as traders await U.S. tariff announcements. The dollar remains strong near a three-week high, influenced by rising Treasury yields, while the euro and yen show minor shifts. Goldman Sachs analysts predict some dollar strength due to expected higher tariffs. Other currencies, including the euro and Turkish lira, also experience movements amid political and economic developments.

Gold prices saw a slight increase on Monday due to worries regarding U.S. President Trump s new tariffs and possible Federal Reserve interest rate cuts. Gold futures rose to $3,030.70. Last week, gold hit a record high amid trade tensions. Additionally, physical gold demand in India decreased with rising spot prices, while other precious metals also experienced minor gains.