PAYTM share price has managed to take support from Rs 769 - 775 zone and the stock closed Friday's session at Rs 810.90.
News in Focus
ICICI Securities has reiterated its BUY recommendation on Power Grid Corporation of India (PWGR), with a revised target price of Rs 361.
LIC Share price declined 2.15 percent on Friday but as the Life Insurance major reported strong quarterly numbers over the weekend, we can expect focus on LIC stock on Monday.
IRFC share price closed 2 percent lower on Friday. The stock opened the session at Rs 135 and touched intraday high at Rs 136.2 before sliding to low at Rs 133.
Expedia Group's stock has seen a significant surge following its robust Q4 earnings, with the company reintroducing a dividend after a five-year break and achieving accelerated revenue growth.
ICICI Securities maintains a 'BUY' recommendation on Swiggy, setting a target price of Rs 740, reflecting a 77% potential upside from the current price of Rs 418.
Main Regional Stories
Tata Steel share price jumped 4.24 percent on Friday after RBI announced reduction in interest rates. Tata Steel has managed to close above a major resistance level, as discussed by TopNews in previous technical chart analysis.
The Securities and Exchange Board of India (SEBI) has launched a significant investigation into an alleged scam by Asmita Patel Global School of Trading (AGSTPL), led by popular YouTuber and self-proclaimed stock market expert Asmita Patel.
NMDC, SAIL, NALCO, REC, NTPC shares witnessed buying as many Public Sector companies announced quarterly numbers. IREDA, NHPC and Coal India closed almost flat while trading volume in these counters was still strong.
The UK gambling industry is poised for significant growth, with market expansion projected to reach USD 3.51 billion by 2029, driven by a compound annual growth rate (CAGR) of 5.4%, according to a Technavio report.