Indian Economy share price target

Lifestyle Inflation Index: How lifestyle inflation rate has moved. Trade: Foreign Trade (April-January). Automobiles: Q3FY24 Review Healthy volumes on strong PV sales, 2W revival. IRMENERG: Management meet takeaways Volume growth potential

In January 2024, both the Consumer Price Index (CPI) inflation and the Wholesale Price Index (WPI) inflation fell. The Purchasing Managers' Index (PMI) indicates growth compared to the previous month. Industrial production rose YoY in December 2023.

The unemployment rate fell for the third consecutive month in January 2024. Foreign Institutional Investment (FII) outflows surged, and mutual funds recorded outflows. Crude oil prices rose, while consumption fell marginally. India's trade deficit narrowed sharply YoY.

AMBER: Persistent near-term challenges; cut to SELL. CPI and IIP: Still some pain points on inflation. Credit Composition: Study on personal loans. HMCL: Healthy quarter but positives priced in. TMX: Improving order outlook; maintain HOLD. BANDHAN: Recovery on track. IGL: Legacy UP, new GAs can offset slowdown, reiterate BUY. ZYWL: Seasonally weak quarter

LICI: Solid quarter; valuations overdone cut to HOLD. ALKEM: Good quarter; cut to SELL on stretched valuations. Monthly Chartbook: Fiscal consolidation to hold key. PWGR: In-line quarter, FY25 capex hiked; maintain BUY. TATACONS: Strong run continues. DIVI: Healthy margin recovery, heady valuations. TPW: Dull quarter; high valuations maintain HOLD. ESCORTS: Weakness persists - maintain SELL. TRCL: Tepid quarter, high capex overhang retain SELL. Metals & Mining: Ferrous read-across: Steel recovery in CY24 - ArcelorMittal

LPC: All-round beat; margins sustain raise to HOLD. Monetary Policy Review: RBI remains on hold. KKC: Powering ahead; maintain BUY. STRCEM: Cost savings commendable, growth intact. NEST: Broad-based growth across product categories

AIAE: Soft quarter, volume growth uncertain; cut to HOLD. BOB Essential Commodities Index: How prices look in Jan'24. SYRMA: Margin slide continues; retain HOLD. BRIT: Faster volume growth to boost profitability

MPC members for the 6th consecutive time kept policy rates on hold, by keeping repo rate unchanged at 6.5%, SDF at 6.25% and MSF and bank rate at 6.75%

Monthly Economic Buffet: Economic Round-up January 2024. SBIN: Pension one-off hurts profitability. JSTL: Progressing on expansion but valuations fair. ACEM: Healthy quarter, sustainability key; retain HOLD. ALPM: Healthy quarter; PAT beat on low tax rate. CPBI: Margin stress across segments. VSTT: Poor demand dampens performance