Market outlook: 👉 federal court has struck down Donald Trump's reciprocal tariffs, ruling they exceeded legal authority. A three-judge panel concluded Trump overstepped the 1977 Emergency Powers Act, rendering the tariffs unlawful. The ruling permanently blocks the duties after a lawsuit by five U.S. import-reliant businesses. While an appeal remains possible, the decision casts uncertainty over ongoing trade negotiations. 👉Bank of Korea cuts policy rate by 25 bps to 2.5%, lowest since Aug 2022, amid tariff challenges and political turmoil — marking its fourth cut in the current easing cycle #crude: OPEC+ nations have decided to keep crude output quotas steady, maintaining their current group-wide production agreement. The alliance — including OPEC and non-OPEC producers like Russia — will continue formal cuts of 2 million barrels per day through 2026. Technical View: Same levels.. Key resistance zone 25123. Immediate support zone 24534 Broker Radar 📌 📌HSBC's hold call on #infoedge: Target price at ₹1,670/sh, Q4 results missed estimates on margin weakness, which may continue in coming quarters. Value #naukri at $6 bn 📌HSBC's reduce call on #narayana: Target price at ₹1,220/sh, operational beat vs our est in #q4, mainly on better-than-expected pick up in new #cayman Unit 📌Nomura's buy call on #sanseraengg: Target price at ₹1,643/sh, #q4 margin in-line; diversification to pick up pace across Ads, A1 forging. Capex will normalise to ₹350 cr in FY26. Expect #ustariff uncertainty to remain an overhang on near-term demand 📌Jefferies' buy call on #nuvama: Target price at ₹8,000/sh, #q4 revenue rose by 30% YoY & profit by 39%, both ahead of est. Key positive is net flows were healthy at 5% of ops. Profit growth was led by the #cap mkts segment 📌Jefferies' buy call on #maxfin: Target price at ₹1,700/sh, #axismaxlife’s CEO sought early retirement from Sep-25 that comes as a tad setback. Smooth succession will be key and internal elevation may be preferred. Correction may be an opportunity to add Stocks in news 🗞️ 👎Cummins: Net Profit Down 7.2% At ₹521.37 Cr Vs ₹561.52 Cr (YoY), Revenue Up 6.1% At ₹2,457 Cr Vs ₹2,316.15 Cr (YoY), EBITDA Down 4.5% At ₹519.9 Cr Vs ₹544.27 Cr (YoY), Margin At 21.16% Vs 23.50% (YoY) 🤙Sail : Net Profit Up 11%At ₹1,251Cr Vs ₹1,126 Cr (YoY), Revenue Up 4.9%At ₹29,316 Cr Vs ₹27,958.52 Cr (YoY), EBITDA Flat At ₹3,483 Cr Vs ₹3,483 Cr (YoY). Margin At 11.88% Vs 12.46% (YoY) 🤙Nuvama Wealth Management. Net Profit Up 1.4% at ₹255.3 Cr Vs ₹251.7 Cr (QoQ), Revenue Up 8.3% at ₹1,119.8 Cr Vs ₹1,034.4 Cr (QoQ), EBITDA Down 1.2% at ₹574.7 Cr Vs ₹581.8 Cr (QoQ), Margin at 51.32% Vs 56.25% (QoQ), Recommends Interim Dividend Of ₹69/Share 👎Cohance Lifesciences: Net Profit Down 21.4% at ₹42 Cr Vs ₹53.4 Cr (YoY), Revenue Up 59% at ₹402 Cr Vs ₹253 Cr (YoY), EBITDA Flat at ₹73.6 Cr (YoY), Margin at 18.29% Vs 29.07% (YoY) 👎Bata : Net Profit Down 27.7% at ₹46 Cr Vs ₹63.6 Cr (YoY), Revenue Down 1.2% at ₹788.2 Cr Vs ₹797.8 Cr (YoY), EBITDA Down 2.1% at ₹178.3 Cr Vs ₹182 Cr (YoY). Margin at 22.62% Vs 22.83% (YoY) 👎Bharat Rasayan: Net Profit Down 62.3% at ₹25 Cr Vs ₹67 Cr (YoY), Revenue Down 1% at ₹306.5 Cr Vs ₹309.6 Cr (YoY), EBITDA Down 42% at ₹40.2 Cr Vs ₹69.3 Cr (YoY) Margin at 13.12% Vs 22.37% (YoY) 👍MishraDhatu: Net Profit up 21.4% at ₹56.2 cr vs ₹46.3 cr (YoY), Revenue up 1.3% at ₹410.6 cr vs ₹405.5 cr (YoY), EBITDA up 16.2% at ₹93.4 cr vs ₹80.4 cr (YoY), Margin at 22.75% vs 19.83% (YoY) 🤙Deepak Nitirite : Net Profit Down 20.3% At ₹202.4 Cr Vs ₹254 Cr (YoY), Revenue Up 2.4% At ₹2,179.7 Cr Vs ₹2,126.2 Cr (YoY), EBITDA Up 5% At ₹316.5 Cr Vs ₹301 Cr (YoY), Margin at 14.52% Vs 14.16% (YoY) 👍Avanti Feeds: Net Profit Up 39.6% at ₹157 Cr Vs ₹112.6 Cr (YoY), Revenue Up 7.9% at ₹1,385 Cr Vs ₹1,284 Cr (YoY), EBITDA Up 36.4% at ₹176.7 Cr Vs ₹129.5 Cr (YoY). Margin at 12.76% Vs 10.09% (YoY) 👍Insecticides India: Net Profit Up 84.8% at ₹14 Cr Vs ₹7.5 Cr (YoY), Revenue Up 31.7% at ₹359 Cr Vs ₹273 Cr (YoY), EBITDA at ₹28.5 Cr Vs ₹8.8 Cr (YoY). Margin at 7.94% Vs 3.22% (YoY) 👎IndusInd : SEBI impounds 19.7 Cr in IndusInd Insider Case. Bank account notices issued ₹14.4 Cr for Arun Khurana, ₹5.2 Cr for Sumant Kathpalia 👍RITES enters into an MoU with Shree Cement for development of rail infra & allied services 🤙DLF: The company's arm incorporated a wholly-owned subsidiary in GIFT City, Gujarat. 🤙Radico Khaitan: The company withdrew the ‘Trikal’ brand name for a new range of single-malt whiskey. The brand name had previously drawn criticism from religious quarters due to label on the bottle having a geometric face with circular pattern on the forehead. 🤙Gensol Engineering: The National Company Law Tribunal in Ahmedabad has ordered the freezing and attachment of all bank accounts and lockers belonging to Gensol Engineering and its associated entities. 👍Hero FinCorp gets SEBI nod for ₹3,668 crore IPO