News

CLSA On Tata Motors

Outperform Call, Target Price At ₹805/Sh

Company Guides For 5%–7% EBIT Margin In FY26 vs 8.5% In FY25

Expects Neutral FCF In FY26 Vs £1.5 Bn In FY25

JLR Remains Cautious Due To Higher US Tariffs On EU/UK

JLR Remains Cautious Due To Slower BEV Demand Amid Regulatory Changes

JLR Remains Cautious Due To Pressure In China’s Premium PV Segment

Maintains FY26 Investment Guidance At £3.8 Bn

Aims For 10% EBIT Margin From FY27

Targetting £1.4 Bn Annual Cost Savings To Support Profitability

Jefferies On Tata Motors

Underperform Call, Target Price At ₹600/Sh

JLR Presented A Weak Outlook For FY26 At Its Investor Day, With Guidance Of 5%–7% EBIT Margin & Near-Zero FCF

JLR Remains Focused On Enhancing Its Brand Proposition And Internal Cost Controls

However, It Highlighted Multiple Challenges Including Trade & Tech Protectionism, A Weaker $, Tough China Macro, BEV Transition, Emission Regulations, & Warranty Costs.

Cut FY26–28E EPS By 12%–19%.

Morgan Stanley On Tata Motors

Equal-Weight Call, Target Price At ₹715/Sh

Geopolitical Headwinds: US Tariff Impact, Weaker Dollar & Technical Protectionism

China Remains Crucial For Profitability Along With US

Balancing BEV Demand Against Regulatory Challenges

Visha Mega Mart block deal size upsized; promoter to now sell up to ₹9,896 Cr worth of shares. Vishal Mega Mart, as of December 31, 2024, operates a total of 668 stores spread across cities. Shares of Vishal Mega Mart Ltd ended at ₹124.90, up by ₹1.15, or 0.93%, on the BSE.

The shares of Mastek will be in focus today after the company bagged a contract from NHS England To Provide NHS Board & SIRO Cybersecurity Training In Partnership With Templar Executives.

TRADE SET UP

The last 12 hours have seen further escalation in Iran/Israel hostilities

Trump to leave G7 summit early to return to Washington & oversee the crisis

Trump: Everyone should ‘immediately evacuate Tehran’

Trump’s evacuation comment in Asia hours spurs a turn in risk sentiment

S&P, Nasdaq futures slide around 0.5%

Brent Oil up around 1%, Gold prices up 0.4%

UST yields down by around 2 bps, Dollar Index up 0.2%

US increases its naval carrier presence in the region to two

Over 31 US Air Force refuelling tankers (KC-135s & KC-46s) have been moved

Nifty resistance at 24,968 (66% retracement) & 25,062 (78.6% retracement)

Nifty support stands at 24,832 (20-day MA) & then around 24,500

Bank Nifty pullback has been quite weak so far

Bank Nifty still below 40-HEMA (56,000), resistance at 56,100 & 56,403

Oil prices still remain significantly higher than where they were before the attacks began, which prompted record volumes of producer hedging as well as futures and options changing hands. Morgan Stanley has hiked its price forecasts, citing increased risk from the conflict.

 “Evacuate Tehran immediately!” — Trump criticises Iran for violating the nuclear agreement.

Biocon, NTPC, Zee Entertainment, Tanla Platforms, Vishal Mega Mart, Jindal Steel and Power, Sona Comstar, Macrotech Developers, IIFL Finance, Hyundai Motor, TCS, ONGC, ICICI Bank, Asian Paints and more, these are the stocks to watch out for.

Futures on Wall Street have declined on Tuesday morning Indian time after an uneasily positive session to start the truncated week. The Dow futures are currently down 220 points, while the S&P 500 and Nasdaq futures are down 35 and 130 points respectively.

US Markets LIVE Updates 

Welcome to CNBC-TV18’s Market Blog

Good morning, readers! Welcome to CNBC-TV18’s market blog, where we provide rolling live news coverage of the markets, lineup of TV guests, in-house editors, researchers and reporters.

Have a great day ahead. Good luck!NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.