Market Watch: Top Stock Picks, Google's India Bet, Tata Group's Dynamics, Railways' New Flexibility
Today's market watch brings a mix of investment opportunities, corporate updates, and regulatory changes. Stockbrokers recommend several shares for intraday trading and long-term investments. Meanwhile, Google's India expansion plans are underway, and the Tata Group faces internal dynamics. Indian Railways also introduces a new passenger-friendly measure.
Stock markets are abuzz with recommendations. IDFC First Bank, Lodha, SRF, and Titagarh Rail are tipped for intraday trading. For a one-year hold before Diwali 2025, a Midcap metal company and a bank (identified by a brokerage firm) are favoured. Share price targets are set for TVS Motor, SBI Card, Paytm, Tube Investments, Bank of India, Metropolis, Airtel, Brigade Enterprises, Dilip Buildcon, LTIMindtree, and Mahanagar Gas.
Google's India investment plans are progressing. The tech giant aims to spend $10 billion, with a data center cluster slated for Mumbai. This announcement was made in 2023, and the project is expected to boost India's digital infrastructure.
Tata Group leaders Noel Tata and Nirmala Sitharaman recently met Home Minister Amit Shah, amidst reports of infighting within the conglomerate. Tata Motors' demerger record date is next week, and analysts are keenly watching the business split.
In corporate news, Anil Ambani faces a setback as the Bombay High Court ruled against Reliance Communications in a dispute with State Bank of India.
Indian Railways has introduced a passenger-friendly measure. It now allows confirmed train ticket holders to change their travel dates under certain rules, providing more flexibility to travelers.
Today's market watch offers investors a range of opportunities, from intraday trading to long-term investments. Google's significant investment in India's digital infrastructure is expected to boost the country's tech sector. Meanwhile, the Tata Group's internal dynamics and Anil Ambani's legal setback continue to unfold. Indian Railways' new measure aims to enhance passenger convenience.
