DID U KNOW : 🇺🇸 US government debt
January, 2005: $7.3 trillion
January, 2009: $11.9 trillion
January, 2014: $17.3 trillion
January, 2019: $21.9 trillion
January, 2024: $34 trillion
January, 2025: $36.3 trillion
INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY PUT OPT 49900 30JAN SER AT 858 RECO LONGS GIVEN AT 747
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN RELIANCE IND AT 1270 RECO LONGS GIVEN AT 1258
Читать полностью…DAY 2 OF IPO : Quadrant Future Tek IPO Details : Issue Date : 07 JAN-2025 to 09 JAN-2025 Offer Price : 275-290 per equity share. Lot Size : 50 shares
Читать полностью…Securities in Ban For Trade Date 08-JAN-2025:
1 BANDHANBNK
2 HINDCOPPER
3 MANAPPURAM
4 RBLBANK
🇺🇸 Markets decline as megacap tech slip & strong economic data leads to fears on Fed rate action. Uncertainity on Trump 2.0 adds to nervousness!
🇺🇸 Markets on Tuesday
#DowJones -0.4%
#Nasdaq -1.9%
S&P500 -1.1%
Economic Data Strong
💪 (ISM) Institute for Supply Management’s non-manufacturing (PMI) increased to 54.1 last month from 52.1 in November
💪 Job openings rose 259,000 to 8.098 million by the last day of November.
Source: JOLTS report
Stronger economic data makes market nervous on Fed rate action
👉 U.S. rate futures market have priced in a 95% chance of a pause in rate cuts this month
👉 Futures have implied just 37 basis points of cuts in 2025 vs 2 cuts expected under the Fed’s “dot plot” or rate forecasts
Another fear is incoming Trump administration’s tariff plans could boost inflation 😱
Reaction to strong eco data: 10-year Treasury yields jumped to 4.69%, highest level since April
Big Losers
👎 Nvidia -6.2% from record highs
👎 Tesla -4% after Bank of America downgraded the electric vehicle maker given its high valuation & risks associated
👎 Meta Platforms -2%
Other Assets
💲 Dollar index jumps to 108.55
🪙 Gold +0.5% at $2,647/ounce
⛽️ Brent Crude at 77$/barrel
💸 Bitcoin slips to 97100$
Flows in Cash Market on 7th January 2025
👎 FII net sold ₹1491 cr
👍 DII net bought ₹1615 cr
INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY CALL OPT 49600 30JAN SER AT 1115 TARGET HIT RECO LONGS GIVEN AT 1000
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY PUT OPT 23650 09JAN SER AT 158 RECO LONGS GIVEN AT 111
Читать полностью…LAST DAY OF IPO : Standard Glass Lining IPO Details : Issue Date : 06 JAN-2025 to 08 JAN-2025 Offer Price : 133-140 per equity share. Lot Size : 107 shares
Читать полностью…*News Headlines from Business News Agencies:*
*Business Standard*
📝 Centre notifies procedure for export of certified organic products
📝 JSW Group in talks to acquire Everstone Capital's 8% stake in MG India
📝 Signature Global names Sanjeev Kumar Sharma as its chief financial officer
📝 Vodafone Idea planning phased 5G rollout with new tariff plans: CEO Moondra
📝 Tesla supplier Panasonic Energy to cut dependence on China for EV batteries
📝 Auto retail sales dip 12% in December despite a good show in CY 2024
📝 Race to acquire Haldiram Snacks: Temasek secures term sheet, leads bid
📝 Housing sales up 7% in 2024 across top 8 cities at 350K units: Knight Frank
📝 IT company HCLTech marginally hikes salaries of junior-level employees
📝 Freight rates up 11% in two weeks over Christmas and New Year rush
📝 Big four's Indian arms outpace global counterparts in FY24 revenue growth
📝 FinMin to hold meeting with MFI players on Wed amid rising bad loans
*Economic Times*
📝 Alkem Laboratories to sell Pithampur unit for Rs 149 crore
📝 Exim Bank said to have raised over $750 million via 10-year bonds
📝 Maruti Suzuki unveils ‘e For Me’: A vision for India’s electric future
📝 India poised to be healthcare custodian of world, says Torrent's Samir Mehta
📝 Akasa Air appointed Belson Coutinho as the chief operating officer
📝 Gems, jewellery sector urges govt to reduce GST to 1% in upcoming Budget
📝 Indian diamond exports hit by slump in Chinese demand, HMPV concerns add to uncertainty
📝 Indian banks' profitability to moderate in FY26, India Ratings says
📝 Wagh Bakri Tea to invest Rs 100 cr for setting up new manufacturing unit in Gujarat
📝 Botanic Healthcare raises Rs 250 crore from Stakeboat Capital & other investors
📝 GFGNL to deliver 25000 fiber to home connections in rural areas for greater internet connectivity
📝 Zydus Lifesciences joins hands with CVS Caremark for diabetes drugs template formulary
*Mint*
📝 India's GDP growth likely to grow by four-year low of 6.4% in FY25: Govt est
📝 Microsoft plans to invest $3 billion on AI, cloud infrastructure in India
📝 L&T's power transmission arm wins large orders in India, Saudi Arabia
📝 ASK Property Fund, India Sotheby's to launch first luxury real estate fund
📝 Government targets 4.5% fiscal deficit by FY26
📝 India’s central bank should lead the policy easing cycle that its economy needs
📝 Space race: Toyota invests $44 million in Japanese rocket startup
📝 Mobikwik Q2 results: Firm posts loss of ₹3.5 cr vs profit YoY, revenue at ₹291 cr
📝 Duty cut on smartphone parts to hit electronics ecosystem, trigger job loss: GTRI
📝 Nvidia CEO pitches robotics, cars as growth areas to CES audience
📝 Globe Capacitors Partners with PolyCharge to Bring NanoLam™️ Technology to India
New additions in FNO market from February 2025 series , effective from January 31, 2025
Castrol India
Gland pharma
NBCC
Phoenix Mills
Solar Industries
Torrent Power
🇮🇳The Indian economy is slowing down.
🇮🇳India’s GDP Growth Likely Slowed To 6.4% In FY25 Compared To 8.2% in FY24 as per the Government Estimates
🇮🇳This is a 4 year low in growth
🇮🇳This is also the slowest annual GDP growth rate since the pandemic, when it fell down to -5.8% during the financial year 2020-21.