Stocks to buy today: OFSS, Tata Motors among top 6 trading ideas for 11 June 2025
The Indian market is likely to trade higher on Wednesday, tracking positive global cues.
The Nifty future closed negatively with losses of 0.13% at 25,150 levels on Tuesday. India VIX fell nearly 5% to close at 13.98.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
75% of Dogs Have Anxiety. This Bed Can Help Yours Too
MrFluffyFriend
Shop Now
Undo
On the options front, the maximum Call OI is placed at 25,200 and then towards 25,500 strikes, while the maximum Put OI is placed at 25,000 and then towards 24,500 strikes.
Call writing is seen at 25,150 and then towards 25,200 strikes, while Put writing is seen at 25100 and then towards 25,000 strikes.
'Options data suggests a broader trading range in between 24,600 to 25,600 zones while an immediate range between 24900 to 25300 levels,' Chandan Taparia, Analyst-Derivatives at
Motilal Oswal Financial Services Limited
, said.
Live Events
'Nifty formed a bearish candle on the daily chart on Tuesday with a longer lower shadow, which shows buying at lower levels and continuing its sequence of higher highs for the last five sessions,' he said.
'Now the Nifty50 has to hold above 25,000 zones for an up move towards 25,200 then 25,400 levels while on the downside supports shifting higher at 25,000 then 24,850 zones,' recommended Taparia.
We have collated stocks from various experts for traders who have a short-term trading horizon:
Expert: Nagaraj Shetti, Technical Research Analyst, HDFC Securities Ltd told ETBureau
OFSS
:
Buy| Target Rs 9950| Stop Loss Rs 9250
Equitas Small Finance Bank
:
Buy| Target Rs 75| Stop Loss Rs 68
VIP Industries:
Buy| Target Rs 388| Stop Loss Rs 360
Expert: Kunal Bothra, Market Expert told ETNow
Tata Motors
:
Buy| Target Rs 775| Stop Loss Rs 715
Axis Bank
:
Buy| Target Rs 1270| Stop Loss Rs 1210
Exide Industries
:
Buy| Target Rs 418| Stop Loss Rs 395
(
Disclaimer
: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
21 minutes ago
- Time of India
QSR firms' margins under pressure, food delivery firms show improvement
The Quick Service Restaurants (QSRs) are facing pressure on margins due to factors like inflation, while the food delivery firms have seen improvement in their margins, according to a report. QSR firms have also slowed the pace of store expansion, the report from banking firm BNP Paribas said. Further, the report mentioned that now food aggregators such as Swiggy and Zomato have become larger over the last few years and provided reach to the restaurants smaller than QSR chains. "This, we believe, has resulted in increased competition for the listed QSR companies. Over the last four years, margins of food delivery firms have increased, while QSR margins have remained under pressure," it said. Moreover, online food aggregators have launched their own dark kitchen brands , Bistro and Snacc, respectively, offering 10-15 minute food delivery through dedicated apps. "This intensifies competition in the Indian QSR market , compelling existing players to innovate on speed, menu and delivery efficiency to maintain market share and remain profitable," it said. Amidst continued demand slowdown, QSR companies are refraining from taking any major price hike and focusing on value propositions for customers. "Though discounts are now being customised to target specific customers, the pressure on margins remains due to lower ADS (average daily sales) and rising delivery mix," it said. Moreover, rapid store expansion, coupled with higher operating costs, has kept EBITDA margin expansion at bay. "However, aggregators continue to improve their margins, even as margin pressure on QSR companies persists," it said. Though QSR firms have "incremental positives" such as reduction in income tax and lowering bank interests, which will help to trigger the demand, however, they "have been reluctant to raise prices due to weak demand". "Aggregate sales of Indian listed QSR chains increased by 10 per cent in FY25 vs 9 per cent in FY24. This was well below food delivery firms' gross order value (GOV) growth at 19 per cent in FY24 and 18 per cent in FY25," it said. QSR companies, such as Jubilant Foods, are facing raw material inflation, but due to weak demand, they have been reluctant to raise prices. However, " food delivery margins have improved sharply over FY22-25, indicating better pricing power," it added. In Q4FY25, the QSR companies continued their double-digit revenue growth momentum. Three of the top five listed QSR players delivered double-digit revenue growth, with Jubilant Foods leading at 19 per cent year-on-year. "However, growth was still below the 13 per cent CAGR (compound annual growth rate) achieved over FY20-25. The companies attribute it to a tougher urban consumer demand environment and reduced outside food consumption, but expect it to rebound, led by income tax rate cuts and other government initiatives," it said. PTI
Time of India
28 minutes ago
- Time of India
Air India crash: Boeing 787 Dreamliner goes down in Ahmedabad, Boeing stock plunges 7% amid global safety fears
Air India Flight 171 goes down in Ahmedabad, Boeing stock plunges 7% as safety fears explode: Boeing is once again under intense scrutiny after one of its aircraft— a 787 Dreamliner operated by Air India —crashed during landing in Ahmedabad, India, early today. The incident has sparked investor panic, raising global concerns over the safety of Boeing aircraft, especially the 787 model. The flight was reportedly en route from London to Ahmedabad when it suffered a critical failure during landing. Multiple emergency services were deployed to the site. As of now, details on casualties or survivors have not been confirmed publicly, but the incident has sent shockwaves through the aviation industry and rattled investor confidence in Boeing. According to CNBC-TV18 and ForexLive, this is the first fatal crash involving a 787 Dreamliner, which makes the event particularly alarming. Boeing's share price dropped to around $173 in early trading, marking one of the company's steepest single-day declines in months. How much did Boeing stock drop after the crash? Stock Reaction : Boeing stock plunged by 7% shortly after reports of the crash surfaced. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Price Movement : Shares dropped from around $186 to $173 within hours on June 12, 2025 . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Linda Kozlowski, 67, Shows Off Her Perfect Figure In A New Photo Today's NYC Undo Why did Boeing stock plunge after the Air India Dreamliner crash? The sudden drop in Boeing stock is largely driven by fears surrounding the safety of the 787 Dreamliner. Over the past decade, Boeing has faced multiple setbacks with the 787 series—from battery fires to structural and manufacturing flaws. This latest crash could mark a turning point, as it has resulted in actual loss of aircraft and possibly life, though that part is still developing. Investors are now questioning whether more regulatory actions or flight groundings could follow. Historically, similar incidents—like the two fatal crashes involving the 737 MAX—led to worldwide grounding of the aircraft and billions in losses for Boeing. The company has barely recovered from that episode, and this crash has revived those fears. Live Events Adding to the pressure is the fact that the Indian Directorate General of Civil Aviation (DGCA) and FAA are expected to begin a deep investigation. If any fault is found in the aircraft design, software, or Boeing's manufacturing processes, it could have long-lasting financial and reputational consequences. What does this mean for Boeing's 787 Dreamliner program? The crash of Air India Flight 171 puts a harsh spotlight back on Boeing's 787 Dreamliner line. Despite being touted for its fuel efficiency and long-haul comfort, the Dreamliner has been plagued by a series of technical issues. In 2023 and early 2024, whistleblowers raised alarms about loose fasteners, improper fuselage fittings, and overlooked safety inspections during assembly. Earlier this year, the FAA launched a 90-day audit into Boeing's quality control processes after multiple reports of inconsistent safety checks. The Dreamliner was already under the microscope, and this crash could push regulators to take firmer action—possibly grounding parts of the 787 fleet until further inspections are complete. Air India, owned by the Tata Group, had recently begun expanding its international fleet, including heavy investments in Dreamliners. Now, the Indian airline may have to reconsider its fleet strategy if public confidence doesn't return quickly. Are analysts and regulators losing confidence in Boeing again? Before today's crash, some analysts were starting to turn bullish on Boeing, with several firms including Jefferies and Bank of America recently raising their price targets. The appointment of new CEO Kelly Ortberg earlier this year was also seen as a positive step toward improving the company's safety culture. But this new crash is testing that optimism. Industry experts warn that even a single fatal incident—especially involving a model already under scrutiny—can have huge ripple effects on orders, deliveries, and share performance. From a regulatory standpoint, this crash could spark not only investigations in India but also a global review of 787s currently in service. Given the growing list of prior incidents—from battery fires in 2013 to the 2024 reports of incomplete inspections—this event might be the tipping point. Why did the Boeing 787 crash in Ahmedabad and what do we know so far? Flight AI 171 had just taken off from Ahmedabad, reportedly heading toward London, when it encountered trouble. According to initial reports, the pilot sent out a mayday distress call before losing contact. The aircraft then crashed into a residential building, leading to casualties both onboard and possibly on the ground. DGCA and FAA investigations are underway, and Boeing has said it's 'gathering more information.' The exact cause is still unknown, but this event has already prompted global concern over the 787 fleet. How did the stock market react to the Air India Boeing 787 crash? The crash triggered an immediate reaction in the stock market. In U.S. premarket trading, Boeing shares plunged 7–8%, with figures ranging from –7.5% to –8.1% reported. By the time U.S. markets opened around 11:46 AM UTC, Boeing's share price had slightly recovered, sitting at $214.00, reflecting a -0.8% intraday drop. The impact wasn't limited to Boeing alone. Suppliers and partners also took a hit: GE Aerospace, which makes the 787's GEnx engines, dropped ~4.7% Rolls-Royce, another engine supplier, fell ~2.5% Spirit AeroSystems, responsible for fuselage sections, slid ~2.9% Is this Boeing 787 Dreamliner crash a one-off or part of a bigger safety issue? This tragedy brings back painful memories of Boeing's troubled past, especially the 737 Max crashes in 2018 and 2019, which killed 346 people. Though the 787 Dreamliner has had a solid safety record until now, it wasn't free from scrutiny. Earlier concerns involved: 2013 battery fires, leading to a global FAA grounding of the Dreamliner fleet 2019–2024 manufacturing complaints, with whistleblowers accusing Boeing of shortcuts and quality lapses in 787 assembly A broader cultural shift inside Boeing, where critics allege cost-cutting took priority over engineering, particularly after the McDonnell Douglas merger This crash, being the first fatal accident involving the 787, may prompt fleet-wide inspections, depending on what the investigation uncovers. What are regulators like the FAA and DGCA likely to do next? The DGCA (India) and the FAA (U.S.) have both launched investigations, and their findings could have serious global implications. If any design or manufacturing flaws are discovered, it could lead to: Temporary groundings of the 787 Dreamliner fleet Enhanced safety inspections New regulatory mandates Boeing has previously undergone 90-day FAA audit plans and paid over $1.1 billion in 2024 to settle past regulatory issues linked to the 737 Max tragedies. With this new incident, global aviation safety bodies such as EASA may also become involved. Will Boeing recover, or is this another major setback for the aviation giant? Investor sentiment is split. Analysts from Jefferies and Bank of America had recently upgraded Boeing to a 'Buy', citing improved production discipline, delivery backlog, and better leadership under CEO Kelly Ortberg. Some saw the $260 target price as realistic. But with the Air India crash, even optimistic forecasts are now under review. On platforms like Reddit, aviation communities are deeply divided. Some believe the drop is a "knee-jerk reaction" and a rebound could follow. Others argue trust in Boeing's long-term safety is still fragile, and this crash could reignite global skepticism. What should flyers and investors watch for next? The Boeing 787 Dreamliner crash of Air India AI 171 is a turning point. The industry is watching for: The outcome of DGCA and FAA investigations Boeing's internal response and possible 787 fleet reviews Any signs of recurring safety or manufacturing flaws How the stock market reacts in the coming days as new information surfaces For now, Boeing's $214 share price may hold steady, but its long-term trajectory depends on whether this crash is ruled an isolated technical failure—or a symptom of deeper systemic issues. FAQs: Q1: What happened to Air India flight AI 171 on June 12, 2025? Air India AI 171, a Boeing 787, crashed near Ahmedabad after takeoff, killing at least 30. Q2: Is Boeing 787 Dreamliner safe after the AI 171 crash? The crash has raised global safety questions, and investigations by FAA and DGCA are ongoing.
Time of India
28 minutes ago
- Time of India
UK GDP shrinks 0.3% in April; Trump's duties and tax expiry hit growth, exports to US plunge by record £2 billion
Britain's economy contracted 0.3% in April, the steepest monthly decline since October 2023, as US President Donald Trump's sweeping tariffs and the expiry of a property tax break combined to derail output, official data showed on Thursday. The contraction was sharper than the 0.1% drop forecast in a Reuters poll and followed modest 0.2% growth in March. The blow to GDP came mainly from the services sector, which shrank by 0.4%, led by a slump in real estate and legal activity following the end of a temporary property transaction tax break. That alone accounted for two-thirds of the GDP decline. Exports to the US fell by £2 billion in April — the largest monthly drop on record — as Trump's tariffs on global imports, including a 10% levy on goods and higher rates on aluminium and steel, began to bite. Britain remains the only major economy with a bilateral trade deal aimed at shielding it from some of these duties, but core tariffs remain in place, Reuters reported. "The GDP numbers are clearly disappointing," UK Finance Minister Rachel Reeves said, just a day after announcing a multi-year public spending review worth over £2 trillion. Economists cited not just the tariff shock but also domestic fiscal tightening and the delayed effects of past interest rate hikes as factors behind the slowdown. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo 'Looking through the noise and data quality issues, we expect the underlying pace of growth to remain underwhelming,' said Matt Swannell of the EY ITEM Club. Despite a strong Q1 performance — with 0.7% growth, the highest among G7 economies — the Bank of England last month lowered its 2026 growth forecast to 1.25%, projecting that the US tariff regime would reduce UK output by 0.3% over the next three years. The weak April data complicates the BoE's monetary policy outlook. While a rate cut is unlikely at next week's meeting due to persistent inflation concerns, many economists now expect the central bank to ease policy in August. 'The door is probably closed on a cut next week, but these downbeat figures increase the likelihood of a policy loosening later this summer,' said Suren Thiru, economics director at ICAEW. Sterling fell nearly half a cent against the dollar after the data release, and government bond yields slipped to a one-month low. Among major sectors, construction was the only bright spot, growing 0.9% in April. Industrial production fell 0.6%, with manufacturing down 0.9%. The Office for National Statistics (ONS) also reported that the UK's goods trade deficit widened to £23.2 billion in April from £19.9 billion in March, exceeding expectations. Analysts remain cautious about the path forward. 'The drag from US trade policy has added to a range of domestic headwinds,' said Swannell, warning that the seasonal volatility seen since the pandemic may continue to skew month-to-month GDP readings. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
