Jefferies calls TBO Tek’s $125 million Classic Vacations buy a “classic opportunity,” boosting its price target to Rs 1,800. The deal expands luxury travel access, strengthens synergies, and is expected to drive earnings growth.

Indian stock markets saw a positive start on Monday. Dow Jones, S&P 500, and Nasdaq Composite indices showed gains at the opening bell. This rebound follows a decline in the previous session. Investors are optimistic that the Federal Reserve might reduce borrowing costs soon. The positive jobs data has fueled these expectations.

India’s consumption story is gaining momentum after GST cuts, with automakers, insurers, and FMCG firms set to benefit. Expert Mark Matthews highlights IT as undervalued, despite global uncertainties and tariff risks from the U.S. He believes India’s resilience and strategic positioning could support equities through consumption-driven growth and export sector recovery.

Vedanta’s Rs 17,000 crore bid for Jaiprakash Associates assets raises concerns over weak synergies, debt risks, and limited turnaround potential. Analysts question the addition of non-core, litigation-prone businesses, though the staggered payment eases cash flow pressure. Shares fell 2.2%, reflecting investor skepticism amid volatile markets.

​Synopsis: Indian indices ended slightly higher, aided by auto stocks, while IT and pharma dragged. GMDC, Netweb, MosChip surged; Apollo Micro, SpiceJet, and Vedanta fell amid earnings, bids, and sectoral concerns

Top NSE large-cap companies posted impressive ROEs in FY25, led by Interglobe Aviation at 130%, followed by Nestle India, Hindustan Zinc, Vedanta, TCS, and Britannia, reflecting strong profitability across sectors.

"RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock.