Author: Supriya Jena

Stock markets, including the equity, derivative, and SLB segments, will be closed on Wednesday, December 25, for Christmas. The multi-commodity exchange will also be closed all day.

Next year, there will be 14 days when the stock market is closed, which is 2 days fewer than this year, when there were 16 closures. The markets will be closed one day each in February, May, November, and December. In March and August, there will be two lockdown days each, while April and October will each have three days where trading won’t happen.

The next day the market will be closed is on Wednesday, February 26, in celebration of Mahashivratri.

Keep in mind that some holidays in 2025 fall on weekends. For instance, Republic Day on January 26, Shri Ram Navami on April 6, and Muharram on July 6 are all Sundays, and Bakri Id on June 7 is on a Saturday.

It’s important for investors and traders to remember these dates to plan their activities. For a detailed holiday calendar, you can check the official websites of BSE and NSE.

In today’s trading session, the domestic stock indices showed a positive trend. The Sensex, a major index, rose by 167 points (0.22%) to reach 78,714. The Nifty50 index also climbed up by 53 points (0.22%) to 23,806.50 around noon.

In terms of sectors, Nifty Auto, FMCG, IT, Pharma, Realty, Healthcare, Consumer Durables, and Oil & Gas were performing well. However, Nifty Bank, Financial Services, Media, and Metal sectors were not doing great.

(Disclaimer: The suggestions and views expressed by experts are their own and do not reflect the views of NiftyStat.)

Shares of Sagility India jumped by 5% to reach the upper limit of Rs 48.91 on the BSE after JPMorgan, a global investment firm, started covering the stock. They gave it an “Overweight” rating with a target price of Rs 54, meaning they think its value could go up by 16% from its last closing price on Monday.

JPMorgan praised Sagility for its strong role in the healthcare services market, focusing mainly on necessary expenses. This gives the company steady growth, even when the market is uncertain. They noted that Sagility is set to gain from the increasing trend of outsourcing services in the U.S. healthcare industry. As healthcare providers aim to save money and work better, Sagility’s services are becoming vital, making them a reliable partner.

According to JPMorgan, Sagility has valuable expertise and strong relationships with clients, which helps them succeed, especially in high-profit areas like data analysis. The report also mentioned Sagility’s solid financial performance, showing that they can stay profitable while growing. Their focus on essential healthcare spending helps them avoid the ups and downs of the market, providing steady income.

JPMorgan expects Sagility’s profits to grow at an impressive rate of 50% each year from FY24 to FY27, supporting their positive view on the stock. Last week, another firm called Jefferies started covering Sagility too, giving it a “buy” rating with a target price of Rs 52. They emphasized Sagility’s ability to achieve strong revenue growth in the near future.

In the past month, Sagility’s shares have increased by 74.5%, and they’ve risen 15.7% in just the last two weeks!

(Disclaimer: The opinions expressed by experts do not reflect the views of Niftystat.)

Top brokerage firms are giving fresh recommendations on some stocks that could grow well over the next year. Here’s what they’re saying:

JPMorgan on Sagility: Great Growth Ahead!
JPMorgan starts off with a positive rating for Sagility, giving it an “Overweight” status. They’ve set a target price of Rs 54, which is a 17% increase from its current price of Rs 46. Sagility is known for its unique role in the healthcare field and is expected to see strong earnings growth thanks to more healthcare services being outsourced in the US. With high profit margins and steady earnings predicted, Sagility is looking good for the future!

Mirae Asset Sharekhan Says “Yes” to Allied Blenders
Mirae Asset Sharekhan continues to support Allied Blenders and Distillers (ABDL), setting a target price of Rs 495, which is a 21% jump from the current price of Rs 406. The company is making yummy premium drinks like gin and vodka, which are getting popular. With improved profit margins and strong sales expected in the future, ABDL appears to be a solid choice for investors.

Elara Securities Upgrades InterGlobe Aviation: Buy Now!
Elara Securities thinks it’s a good time to buy InterGlobe Aviation (IndiGo). They raised their rating and set a target price of Rs 5,309, suggesting a 19% rise from the current price of Rs 4,440. Although India’s aviation market faced some slowdowns, it’s poised for a powerful recovery soon with new airports and returning flights. This makes IndiGo a stock to consider!

Always remember that financial advice can vary, and what experts say might not work for everyone. Always do your homework before investing!

Shares in Tata Investment Corporation, a part of the Tata Group, went up by 8% on Tuesday! Why? Because there are reports that Tata Group is planning to bring Tata Capital public with a big $2-billion Initial Public Offering (IPO).

Tata Group has given its approval to Kotak Investment Banking to start this process after a meeting. They also plan to hire more bankers by January! According to the Reserve Bank of India, Tata Sons and Tata Capital must become publicly listed before September 2025. Tata Sons owns about 93% of Tata Capital.

In the unlisted market, Tata Capital’s share price has jumped significantly, from Rs 450 last December to Rs 900 now. This puts the company’s value at Rs 3.5 lakh crore, based on 3.74 billion shares by the end of the financial year 2024.

If everything goes well, this will be the first public offer from Tata since Tata Technologies, which caught a lot of attention from investors. Tata Capital shares are in high demand even in the unlisted market, with prices above Rs 1,100, according to reports.

Tata Capital is an important financial company in the Tata Group and is part of Tata Sons. It offers various financial services like loans, wealth management, and more.

PG Electroplast, or PGEL, has exciting news! The company has signed an agreement with Whirlpool of India to produce some washing machines with the Whirlpool brand name. This partnership means that PGEL will build these washers at their factory in Roorkee.

PGEL is already known for making Whirlpool-branded air conditioners, and now they are expanding their work together. Vikas Gupta, PGEL’s Managing Director, expressed his happiness about this partnership. He believes it will help both companies grow and create better products for customers.

PG Electroplast is a major player in the manufacturing world, providing services for many big electronics and consumer brands in India. They specialize in making items like air conditioners, washing machines, air coolers, and LED TVs.

The news has had a positive impact on PGEL’s stock price. In fact, PGEL shares have skyrocketed by over 293% in the past year and about 304% this year alone. On Monday, their shares closed at Rs 964.15 on the BSE, reaching a 5% increase

Bharat Forge’s shares are likely to be in the spotlight today because the company has announced a big investment of $64.50 million in its subsidiary, Bharat Forge America (BFA).

According to a company statement, the Investment Committee met on December 23, 2024, and approved this investment. Here’s how they plan to use the money:

– $19.50 million will stay with BFA.
– $30 million will go into Bharat Forge Aluminum USA, which is fully owned by BFA.
– $15 million will be used for Bharat Forge PMT Technologie, another fully owned subsidiary of BFA.

This funding will help BFA and its subsidiaries pay off some of their existing loans.

Looking at the stock performance, Bharat Forge shares have gone up by 7.9% over the last year and about 4% in the current calendar year. However, its stock has dropped recently, down 26% in the last 6 months and 18.11% over the past 3 months.

Currently, Bharat Forge shares are showing a relative strength index (RSI) near 39, which is just above the “oversold” level, indicating that the stock might be a good opportunity. On Monday, the stock closed 1.3% higher at Rs 1,296.40 on the Bombay Stock Exchange.

NACDAC Infrastructure is making a big splash today as its shares start trading on the NSE SME platform! This company set a record as one of the most subscribed in the SME world, with people eager to buy its shares. Before the shares began trading, they had a grey market premium (GMP) of Rs 52, which means people were willing to pay a lot more than the issue price of Rs 42—about 140% more!

Because of rules, the most anyone can gain when the shares debut is capped at 90%. If trends hold up, the stock could have huge gains on its first day. It’s important to remember that grey market prices can change fast and only show how popular shares are before they officially list.

NACDAC Infrastructure aimed to raise Rs 10 crore through its IPO but got bids worth a massive Rs 14,386 crore—nearly 2000 times what they were looking for! They offered 20.8 lakh shares, but people wanted 411 crore shares! Retail and individual investors were especially excited, bidding 2500 and 2600 times, respectively.

The company said it would use the money for day-to-day needs and other business purposes. NACDAC is a construction company that does a lot of different jobs like building tall buildings, handling electrical work, creating steel structures, and making bridges. They focus on delivering quality and have over 10 years of experience, working on 63 projects worth almost Rs 97 crore.

In June 2024, NACDAC reported revenues of Rs 13.71 crore and a net profit of Rs 1.6 crore.