Stock Market Today: RBI MPC Meet Outcome In Focus; Traders Expect Rate Cut 

Investors keenly await the outcome of the Reserve Bank of India Monetary Policy Committee meet outcome, scheduled later today. A 25-basis-point rate cut is expected. Inflation and growth projections will be crucial to get fresh cues about the central bank’s monetary policy going ahead.

Track live updates on RBI MPC Policy here.

Stock Market Live Update: CLSA On India Consumer 

  • Urban lags rural but urban is where distribution is being challenged

  • Home and personal care companies fared worse with 4% YoY sales growth and a slight decline in Ebitda

  • Food and beverage fared a little better with 7% YoY sales growth and slight growth in Ebitda

  • QSR companies fared better with high-teen growth. -Overall, discretionary

  • consumption did better than staples.

  • Prefers F&B over HPC.

Top picks are Eternal, Swiggy, DMart, Varun Beverages, Britannia and Nestle.

Bearish on Hindustan Unilever, Godrej Consumer, Marico, Jubilant Foodworks, Asian Paints and ABFRL.

Stock Market Today: Jefferies On India Financials 

  • RBI likely to cut rates

  • Inflation expected to stay below forecasts

  • Banking system liquidity highest in 3yrs

  • Sequential improvement seen in AngelOne numbers

  • Finance facility to buy health insurance gaining ground

  • IIFL Finance to higher bankers to beef up UHNI team

  • Zerodha sees 10-20% lower broking revenue in FY26

Stock Market Live: Morgan Stanley On Ashok Leyland 

  • Morgan Stanley updated its “Risk Reward” analysis for Ashok Leyland

  • Rated overweight; increased price target from Rs 284.00 to Rs 288.00.

  • Target increase as positive impact of stronger net cash position outweighed lower EBITDA estimates.

  • Cut their domestic MHCV volume estimates by 2% for FY26, anticipating slower demand.

  • Increased their export volume estimates due to continued strong performance internationally.

  • Overall, their total volume estimates remain broadly unchanged.

  • Weaker realizations in Q4FY25 toned down Average Selling Price estimates for FY26 and FY27.

  • Despite margin cuts EPS estimates for FY26 and FY27 remained largely unchanged

Gold Prices Rise On Hopes Of Fed Rate Cut 

Gold prices rose on Friday as unexpected increase in initial jobless claims raised hopes for a cut from the US Federal Reserve. Lower borrowing costs support bullion prices.

The Bloomberg spot gold was trading 0.32% higher at $3,363.38 an ounce as of 8:02 a.m.

Asia Market Update: Share Indices Rise On Hopes Of Improvement In US & China Trade Ties

Share indices in Asia-Pacific region rose on Friday as leaders of US and China held a call and agreed to further talk on trade related matters. Last week, concerns rose about two largest economies’ trade relation after US President Donald Trump accused China of violating terms of the deal done in Switzerland.

The CSI 300 and S&P ASX 200 were 0.20% and 0.11% higher as of 7:33 a.m.

US Market Update: Share Indices End Lower As Tesla Shares Slump

US share indices ended lower on Thursday as Tesla Inc stock slump weighed on heavyweight technology shares. Tesla Inc slumped over 14% because of virtual brawl between Elond Musk and President Donald Trump over the latest tax cut bill.

The Dow Jones Industrial Average fell 0.25% at 42,319.74. The S&P 500 fell 0.53% at 5,939.30. The Nasdaq 100 Futures fell 0.07% at 21,567.75

GIFT Nifty Implies Higher Open; Bajaj Finserv, Coal India, JSW Energy Shares In Focus

The GIFT Nifty was trading 0.06% or 15 points higher at 24,849.00 as of 6:34 a.m., which implied a higher open. Investors keenly await outcome of the Reserve Bank of India’s Monetary Policy Committee meeting, scheduled for later today.

Investors will keep an eye on Ashok Leyland Ltd., Bajaj Finserv Ltd., Coal India Ltd., JSW Energy Ltd., and Life Insurance Corp shares because of the news flow overnight.

The benchmark equity indices closed higher for second straight session on Thursday, after ending a three-day losing streak on Wednesday.

The NSE Nifty 50 ended 130 points, or 0.53% higher at 24,750, while the BSE Sensex closed 443.79 points, or 0.55% up at 81,442.

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