Today's Headlines from :
*Economic Times*
📝 Formal employment numbers decline in November
📝 JSW Steel Q3 Results: Profit slumps 70% to Rs 719 crore on weak prices of steel
📝 CreditAccess Grameen Q3 Results: Company incurs Rs 100 crore loss on asset quality stress in microfinance
📝 At $623 billion, forex reserves touch 11-month low
📝 RBI penalises J&K Bank, Bank of India, Canara Bank
📝 Tata Electronics acquires 60 pc stake in Pegatron Technology India
📝 Everstone Capital acquires majority stake in bootstrapped SaaS firm Wingify for $200 million
📝 Nykaa incorporates new Oman subsidiary in Middle Eastern push
*Business Standard*
📝 Ola and Uber respond to CCPA notice, deny claims of fare disparity
📝 Torrent Pharma Q3 results: PAT up 14% at Rs 503 cr on strong India business
📝 DLF Q3FY25 results: Consolidated net profit rises 61% to Rs 1,058.73 cr
📝 IndiGo's profit drops by 18.3% due to rupee depreciation, grounded planes
📝 Ed-tech firm upGrad to build Institute of AI Excellence in Maharashtra
📝 Pure EV plans Rs 400 cr unit, in talks with Tamil Nadu, Karnataka, others
📝 Shriram Finance Q3 results: Net profit up 73% at Rs 3,248.64 crore
📝 Private sector activity slows to 14-month low of 57.9 in Jan: PMI data
📝 Sensex valuation falls to its lowest in over 2.5 years amid market selloff
📝 Rupee logs biggest weekly gain in over 17 months as dollar softens
📝 India sees 2nd-highest mobile downloads of GenAI apps in 2024, shows data
📝 Telcos block 20 global carriers allowing spoofed calls to reach India
📝 CDSCO flags 135 drugs for failing quality standards for December 2024
*Financial Express*
📝 GCPL Q3 profit falls 14%, misses estimates
📝 GeM facilitated Rs 4 lakh crore transactions till January
📝 Ericsson India sales fall 53% to Rs 11,732 crore in 2024
📝 India and US to sort out trade issues with talks: MEA
📝 Mitsubishi invests Rs 560 crore in Birla realty project
📝 Bank of India PAT rises 35% as bad loans decline
📝 Q-comm firms to spend big on marketing amid rising competition
📝 Amul reduces milk prices by Re 1 across India for one-litre packs
*Mint*
📝 Meta plans to invest up to $65 billion for capex in 2025: Mark Zuckerberg
📝 Auto component maker Phinia explores making alternative fuel systems in India
📝 European Commission calls for red-tape reforms to compete with US, China
📝 Leaders emphasise support for WTO, rule-based international trading
📝 Credit card additions slowdown in 2024, seen moderating as delinquencies rise
📝 Japan's central bank hikes interest rates 25 bps to a 17-year-high
📝 NBCC wins ₹230 crore order from GoI, IIM Visakhapatnam
📝 German business activity stabilises in January, PMI shows.
INTRADAY CALL UPDATE : CLOSE POSITIONS IN BANKNIFTY PUT OPT 48500 30JAN SER AT 408 SL HIT RECO LONGS GIVEN AT 515
Читать полностью…President Donald Trump called for
👍Lower interest rates
👍 Cheaper oil prices
🇺🇸 Markets on Thursday
#DowJones +0.92%
#Nasdaq +0.22%
S&P500 +0.53%
Result reactions
👎 American Airlines -8%, after the company issued weak guidance
Other Assets
💲 Dollar Index at 108.05
🇺🇸 10 year bond yield at 4.64%
⛽️ Brent Crude at 78.3$/barrel
🪙 Gold at $2,744/ounce
💸 Bitcoin at 103453$
Expectations from Fed
🏦 Federal Reserve will meet on Jan. 28-29
👉 Traders see a 96% chance that the Fed will keep interest rates unchanged -according to CME Group’s FedWatch Tool
Stocks making the biggest moves after hours
👎 Boeing -2% after the company released preliminary fourth-quarter financial results
👎 Semiconductor play ‘Texas Instruments’ -2% i after the firm issued a disappointing earnings forecast for the current quarter
👎 Transportation giant ‘CSX’ -2% after the company reported a revenue miss
🚀 Twilio +11% in extended trading after the firm issued a rosy profit forecast for the next few years
Zomato's Blinkit expansion, Dixon’s glitch, & the TanTrump impact: This week's Bull's Eye focuses on these key trends & stock moves!
Watch: https://www.youtube.com/watch?v=8SYSuLvqwz4
हिंदी में समझने के लिए: https://www.youtube.com/watch?v=22XOOVgSCbw&feature=youtu.be
Read here: https://bit.ly/4aqb9mJ (edited)
INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 23150 23JAN SER AT 128 RECO LONGS GIVEN AT 86
Читать полностью…IPO DAY 2 : Denta Water and Infra Solutions IPO Details : Issue Date : 22 JAN-2025 to 24 JAN-2025 Offer Price : 279-294 per equity share. Lot Size : 50 shares
Читать полностью…Securities in Ban For Trade Date 23-JAN-2025:
1 ABFRL
2 BANDHANBNK
3 CANFINHOME
4 DIXON
5 INDIAMART
6 LTF
7 MANAPPURAM
8 MGL
9 PNB
10 RBLBANK
*News Headlines from Business News Agencies:*
*Business Standard*
📝 India, US, West Asia to add 100 GW solar capacity in 2025: Wood Mac report
📝 Bank NPAs may dip to 2.4% by March 2025 despite retail stress: Fitch
📝 Net office leasing may rise 10-11% in FY25 across 6 major cities: Icra
📝 India, UK renew five-year partnership to strengthen health cooperation
📝 Master Builders Solutions targets Rs 500 crore annual turnover by 2028
📝 UltraTech Cement Q3 result: Profit down 17% at Rs 1,470 cr, revenue up 3%
📝 JLR owner says profits hurt by China's economic slowdown, local competition
📝 JSW Steel seeks syndicated loan of up to $900 mn from international lenders
📝 Mazagon Dock confirms the MoD opened its bid for Project 75(1) and is negotiating for 3 more submarines under Project 75
📝 Reliance to invest Rs 3.05 trillion in Maharashtra, creating 300k jobs
📝 BPCL sees March Russian oil intake down 20% as it awaits traders' offers
📝 India's digital economy set to overtake agriculture, mfg by 2030: MeitY
*Economic Times*
📝 Blackstone partners with Telangana govt to develop Rs 4,500 cr-Data Centre in Hyderabad
📝 Jindal India Renewable Energy scouts for acquisition to expand portfolio to 5 GW
📝 India set to raise farm budget by over 15%, biggest increase in six years
📝 General Atlantic CEO says he is optimistic on TikTok deal in the US
📝 Mahindra Lifespace acquires 8.2-acre land in Bengaluru for Rs 1,000 crore housing project
📝 US fintech firm Broadridge to boost India headcount by 26% in 3 years, top executive says
📝 JSW Defence signs MoU with Telangana for Rs 800 crore UAV manufacturing plant
📝 Indian exporters chasing quick buck stung as rupee slide unravels exotic trades
📝 DPIIT inks pact with Apna to boost startup talent
📝 IREDA board approves fundraising of up to Rs 5,000 crore via QIP
📝 Nuvama-Cushman & Wakefield JV raises Rs 1,700 crore for investment in office assets
📝 Centre may upgrade IRCTC to Navratna status: CMD
*Mint*
📝 Maruti Suzuki to hike prices from ₹1,500 to ₹32,500 across models from Feb
📝 India set to raise farm budget by over 15%, biggest increase in six years
📝 Govt should announce an MF product like budget 2013 to drive financial inclusion
📝 Govt's 'Open Network for Digital Commerce' to drive India's next wave of entrepreneurial innovation: Report
📝 Karamtara Engineering files draft papers with SEBI for ₹1,750 crore IPO
📝 BBVA Set to Name New Internal Chief for Banco Sabadell Deal
📝 US fintech firm Broadridge to boost India headcount by 26% in 3 years, top exec says
📝 HSBC's payments app closure puts around 400 jobs at risk, source says
📝 Infra.Market raises over $120 mn at $2.7 bln valuation, taps bankers for an IPO
📝 ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
📝 Budget should announce tax cuts for individuals to boost consumption: Barclays
*Instl. Investors EQUITY Cash Trades PROV. - 23/01/2025 : Rs. CRS. :*
*FIIS : SELL -5,462 (13,317-18,779)*
*DIIS : BUY +3,712 (14,412-10,700)*
INTRADAY CALL UPDATE : EXIT POSITIONS IN BANKNIFTY CALL OPT 48600 30JAN SER AT 555 RECO LONGS GIVEN AT 645
Читать полностью…Stallion India Listed Price : 120.00 ISSUE PRICE : 90.00 :
LISTING PREMIUM OF 33.33%
S&P 500 touches fresh record, bolstered by Trump optimism
What is driving optimism?
🤞 Investors expect Trump to ease regulation and lower corporate taxes, which could lift profits
🇺🇸 markets on Wednesday
#DowJones +0.3%
#Nasdaq +1.28%
S&P500 +0.6%
👍 Procter & Gamble +2% on the back of strong earnings
🚀 Netflix +9% after they surpassed 300 million paid memberships. Results boosted from hit series “Squid Game” & sporting events like Jake Paul and Mike Tyson boxing match
🤩 Oracle +6% & Nvidia +4% rallied on
Artificial intelligence optimism. President Trump announced a JV dubbed “Stargate”, with OpenAI, Oracle and Softbank to invest ″$500 billion, at least” in AI infrastructure within the United States.
Other Assets
🇺🇸 10 year yield at 4.60%
🪙 Gold hits $2756/ounce, near three-month highs
⛽️ Brent Crude cools to $79/barrel
💲 Dollar Index at 108, 3 week low
💸 Bitcoin at 103120$
INTRADAY CALL UPDATE : CLOSE POSITIONS IN BANKNIFTY PUT OPT 48700 30JAN SER AT 574 SL HIT RECO LONGS GIVEN AT 675
Читать полностью…