{
}
Analysts at BNP Paribas have set target prices for several major companies, with Reliance Industries at Rs 1,650 and Tata Consultancy Services at Rs 4,750. They project a Nifty target of 25,500 for CY25, citing challenges like food inflation and rising US bond yields, while favoring large-cap stocks and banks due to strong earnings growth prospects. Other notable targets include HDFC Bank at Rs 2,550 and Bajaj Finance at Rs 10,000, amidst a mixed earnings outlook and a potential slowdown in Indian equities.
The BSE Sensex has dropped over 10,000 points, or nearly 12%, from its all-time high, reflecting challenging global and local market conditions. BNP Paribas Securities forecasts a potential 10% upside for the NSE Nifty 50 index by 2025, favoring sectors like private banks, IT, and telecoms, while expressing caution towards pharma and metals. Among its top stock picks, SBI Life Insurance stands out with a projected upside of over 70%.
Zomato has become the first new-age company to join the Sensex, replacing JSW Steel, and now holds a 2.77% weightage, ranking 12th among the 30 components. With a market cap of Rs 2.64 trillion, it surpasses major brands like Hindustan Unilever and Nestlé, and its stock has surged 3.6 times since its IPO in July 2021. Analysts anticipate further stock value increases due to upcoming index rebalancing events.
Maruti Suzuki India FUT, Januar
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
bnpparibas sets target prices for major companies amid market challenges
Indian Rupee
United States Dollar
ICICI Bank Limited
Axis Bank Ltd
Bajaj Finance FUT, January 2025
Mahindra & Mahindra Ltd
Infosys Ltd
Reliance Industries Ltd
Metropolis Healthcare Limited
Tata Consultancy Services Limited
SBI Life Insurance Company Limited
Havells India Limited
Hindustan Unilever Limited
Maruti Suzuki India FUT, Januar
Aster DM Healthcare Limited
HDFC Bank Ltd
Bharti Airtel Ltd.
Larsen & Toubro Ltd
USA
IND
Show more
10:57 22.01.2025
bnpparibas predicts market recovery with strong upside in select stocks
Indian Rupee
United States Dollar
Havells India Limited
Axis Bank Ltd
Bajaj Finance FUT, January 2025
ICICI Bank Ltd
Maruti Suzuki India FUT, Januar
Infosys Ltd
Reliance Industries Ltd
Metropolis Healthcare Limited
HDFC Bank Ltd
Bharti Airtel Ltd.
Larsen & Toubro Ltd
USA
IND
Show more
09:35 22.01.2025
Zomato joins Sensex surpassing major brands in significant market milestone
18:46 23.12.2024
Trending
Subcategory
Startups & Entrepreneurship
Industry Trends
Corporate News
Private Equity Deals
Retail and Consumer Goods
Supply Chain Management
Global Trade Developments
CEO Changes
Government Economic Policies
Corporate Social Responsibility
Industry Mergers & Acquisitions
Workplace Trends
Energy Sector Developments
Venture Capital Investments
Fintech Startups
Finance Mergers & Acquisitions
AI Innovations
Market Analysis and Predictions
Intellectual Property Laws
Central Bank Actions
Countries:
Companies:
Apple Inc.
NVIDIA Corporation
Google Inc.
Amazon.com, Inc.
Tesla, Inc.
Salesforce, Inc.
Garuda Aerospace Ltd.
Huawei Technologies CO. Ltd.
Bharti Airtel Ltd.
XPeng Inc.
Microsoft Corporation
Venturewave Capital NO.1 Ltd.
Semler Scientific, Inc.
TENCENT
Wipro Ltd
OpenAI ERC USD
Orange S.A.
IDBI Bank Limited
Standard Chartered Bank
LENOVO GROUP
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Saudi Riyal
Japanese Yen
Malaysian Ringgit
British Pound Sterling
Mexican Peso
Brazilian Real
New Taiwan Dollar
Bahraini Dinar
Qatari Riyal
Pakistani Rupee
Kuwaiti Dinar
Vietnamese Đồng
South Korean Won
Algerian Dinar
People:
Donald Trump
Mark Zuckerberg
Bisrat Degefa
He Xiaopeng
Abdel Fattah El-Sisi
Anmol Singh Jaggi
Puneet Singh Jaggi
Sari Sabban
David Watkins
Simon Moon
Anas Algahtani
Matt Jones
Ayman Hamdan
Elon Musk
Allen Law
Xi Jinping
Anwar Hussain
Sultan Ibrahim ibni Sultan Iskandar
Prashant Joshi
Albinder Dhindsa