Expecting Bharat Electronics’ (BEL) market share to grow in the coming years, domestic brokerage firm Motilal Oswal has shared its optimistic view on the stock, maintaining a ‘buy’ rating on the same with a target price of Rs 360, indicating potential growth of 27.5%. The shares of BEL closed 2.2% higher at Rs 282.15 on the BSE today.

Hindalco Industries Ltd on Friday said that it aims to replace diesel vehicles with electric vehicles across all plants in the country as part of its goal to become a net-zero carbon emission company. The company stated that it has flagged off a fleet of electric bulkers at its Aditya Aluminium plant in Odisha for supplying one million tonnes of fly ash to the cement industry in the state.

The Reserve Bank of India’s (RBI) report released on January 17 said stickiness in food inflation warrants careful monitoring of second-order effects. “Headline inflation eased for the second successive month in December, although the stickiness in food inflation warrants careful monitoring of second-order effects,” the RBI bulletin said.

SEBI disposes of proceedings against IIFL Securities without issuing directions, following an inspection for compliance with SEBI regulations from April to July 2022. IIFL Securities admitted to technical and venial nature of lapses, which did not cause prejudice to clients or markets, and had already paid a ₹11,00,000 penalty in a separate adjudication proceeding.

The Centers for Medicare and Medicaid Services (CMS) released its second round of drug negotiation targets, a list of 15 drugs under Medicare Part D, including Novo Nordisk's (NVO) blockbuster GLP-1s. Novo was trading down 4% on the news Friday. Diabetes drug Ozempic and weight loss drug Wegovy top the list, along with a number of others like Merck's (MRK) diabetes drug Janumet.

On Friday, bitcoin topped $100,000, as U.S. inflation data re-energized hopes that the U.S. Federal Reserve might slash interest rates. The world’s second-largest cryptocurrency, ethereum, and XRP, also posted gains this week. Ethereum is currently trading at more than $3,425 at the time of writing. XRP, too, saw a breakout price exceeding $3, allowing it to reach a seven-year high.

Global brokerage firm UBS has upgraded its rating on APL Apollo Tubes Ltd from "neutral" to "buy" reflecting its growing optimism about the company's performance and market dynamics. Additionally, the broking firm raised its target price from ₹1,600 per share to ₹1,900, which is a potential upside of 23% from the previous close on Thursday.

HDFC Life Insurance's Q3FY25 results showed 11.6% YoY growth in Gross Written Premium, driven by broad-based growth, although lagging estimates. Value of New Business grew 9.1% YoY, while PAT rose 13.7% YoY. KR Choksey lowers FY26E and FY27E estimates, but maintains a BUY rating with a target price of INR 820 per share.

Global brokerage firm UBS has revised its outlook on SBI Cards and Payment Services Ltd upgrading its rating from 'Sell' to 'Neutral' citing signs of stabilization in delinquencies and improved underwriting practices. Additionally, the broking firm raised the target price of SBI Cards to ₹800 from ₹600, a potential upside of 6% from Thursday's closing level.

Infosys reported better-than-expected Q3 revenue growth of 1.7% QoQ CC, driven by pass-through revenue and acquisition benefits, with EBITM expanding to 21.3%. The company raised its FY25 revenue growth guidance to 4.5-5% and reported strong deal wins and pipeline growth. Despite sequential decline expectations in Q4, the outlook is positive, maintaining a BUY rating and target price of Rs 2,150.

SBI Life Insurance on January 17 reported a net profit of Rs 550.82 crore for the October-December quarter (Q3) of the financial year 2025. This marks an increase of nearly 71 percent from the Rs 321.75 crore net profit the company had reported in the corresponding year of the previous financial year 2024. SBI Life’s net premium income also saw a strong growth.

Axis Bank's credit growth slows to 9% YoY, driving elevated provisions, but operational costs decline, containing earnings miss at 4%. Management expects unsecured loan stress to remain high near-term, but agricultural portfolio stress to ease. The stock, trading at 1.3x Dec-26E ABV, is retained as a BUY with a target price of Rs1,300.

China's new homes prices stopped falling MoM in December for the first time in 18 months, official data showed on Friday, after the government rolled out multiple rounds of stimulus to lift the property sector from a prolonged slump. That stood in contrast to a 0.1% decrease in November, as calculated by Reuters based on data from China's NBS. On an annual basis, new home prices fell 5.3%.

The initial share sale of Landmark Immigration Consultants, which offers global education consultancy for students planning to study abroad, has seen a 5.97 times subscription on January 17, the second day of bidding. The issue will close on January 20. The company entered capital markets to raise Rs 40.32 crore via initial public offering of 56 lakh shares which comprises of solely fresh issue.

SEBI has directed mutual funds to disclose the Information Ratio, a measure of risk-adjusted returns, for equity-oriented schemes, aiming to provide investors with a comprehensive view of a scheme's performance. The ratio will be calculated and displayed daily on mutual fund websites, helping investors make informed decisions.