Stock Market Today: Nifty, Sensex Rise At Pre-Open

At pre-open, the NSE Nifty 50 was trading 0.37% higher at 25,196.05, and the BSE Sensex was trading 0.24% higher at 82,643.09.

Yield On The 10-Year Bond Opens Flat

  • The 10-year bond yield opened flat at 6.34%

Source: Bloomberg

Rupee Opens Flat Against US Dollar

  • Rupee opened flat at 85.62 against US Dollar

Source: Bloomberg

Stock Market Today: CLSA Upgrades For BPCL, HPCL, Macrotech Developers

CLSA in its latest market strategy note highlighted key earnings changes and stock recommendations for the current and the subsequent financial years (FY26 and FY27). Among its top upgrades are Bharat Petroleum Corporation Ltd., Hindustan Petroleum Corporation Ltd. and Macrotech Developers Ltd.

Read the full article here.

Stock Market Live: CLSA On India Strategy 

  • Good quarter but EPS cuts continue

  • CLSA India universe grew at 7.7%YoY Vs expectation of 3.6% YoY.

  • Strong performance from metals, pharma, capital goods, cement and financials.

  • Consumption names posted a seven-quarter high in PBT growth.

  • International companies showed a more visible pick-up in pace of growth.

  • Nifty’s consensus EPS was lowered by 3.7%/2.5% for FY26/FY27 during the quarter.

  • FY26/27 earnings estimates are below consensus for Bharti, Reliance, banks, select material and autos.

  • Cross section of earnings growth and valuation chart shows Reliance, Apollo Hospitals and select financial stocks as favorably placed.

Gold Prices Fall In Asia Session As Hopes For A Ease In Trade Tension Rise

Gold prices declined in Asia session as traders became hopeful of a ease in trade tension amid ongoing talks between US and China. US has offered to relax some of the technology related exports in exchange for softer norm on China’s rare-earth exports.

The first day of trade talks between US and China concluded in London. US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer are leading the country’s delegation while China’s Vice Premier Hi Lifeng

Gold futures were trading 0.98% down at $3,322.35 an ounce as of 8:01 a.m.

Asia Market Update: Nikkei 225 & KOSPI Rise Nearly 1% As US & China Resumes Trade Talks 

Markets across Asia were trading higher early trade Tuesday as US and China’s officials have resumed talks regarding trade at London. President Donald Trump said that the US is receiving good reports from London. Traders await keenly for further details.

The Nikkei 225 and KOSPI were trading 0.94% and 0.92% higher, respectively as of 7:37 a.m. The CSI 300 and Hang Seng were trading 0.17% higher and 0.05% lower, respectively.

Stock Market Live: HSBC On India Life Insurance 

  • SBI Life Insurance has a target price of Rs 1,950 vs 1,800 earlier (+10%)

  • HDFC Life Insurance has a target price of Rs 870 vs 830 earlier (+14%)

  • ICICI Prudential Life Insurance has a target price Rs 720 vs 675 earlier (+13%)

  • Expect 13-14% growth on annualised premium equivalent

  • Slowdown in linked products playing out

  • HDFC Life has lowest exposure to linked products, SBI Life has highest

  • Margins have been impacted in FY25

  • Expect margins to remain range bound

  • Further scope for sector to give returns despite outperformance

  • Revise Target Prices and estimates

US Market Update: S&P 500 Pares Most Gains & Dow Jones Ends Flat As Focus Shift To US & China Talks 

US share indices finished Monday on a mixed note as most traders refrained from taking large bets while talks between US and China progresses. President Donald Trump said that negotiation with China at London are going well. US is receiving only good reports, as Bloomberg reported.

Dow Jones Industrial Average flat at 42,761.76. S&P 500 rose 0.09% at 6,005.88 and Nasdaq Composite rose 0.31% at 19,591.24.

GIFT Nifty Implies Higher Open; M&M Finance, Wipro, Tata Power Shares In Focus

The GIFT Nifty was trading 0.02% or 5 points lower at 25,228.00 as of 6:31 a.m. which implied a muted start for the Nifty 50.

Capri Global Capital Ltd., Mahindra & Mahindra Finance Ltd., Wipro India Ltd., and Tata Power Ltd. shares will likely be in focus because of the business related news flow overnight.

The benchmark equity indices closed higher for the fourth straight session on Monday on back of positive global cues, including robust US jobs data.

The NSE Nifty 50 ended 100.15 points or 0.4% higher at 25,103.2, while the BSE Sensex closed 256.22 points or 0.31% up at 82,445.21.

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