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Dr Agarwal's Health Care listing doesn't inspire confidence for investors. Ahead of the debut, the GMP is discounted to the IPO price. The issue was priced at Rs 398. The muted GMP is in line with a subdued subscription of just over 1x the company received for its IPO.

Stocks that were in focus include names like Power Grid, which fell 1.9% and Divis Laboratories, which gained 6% and Tata Chemicals, whose shares fell 1.7% on Monday.

earnings season is underway and about 129 companies will announce their results on Tuesday. Key results to watch out include from Titan, Asian Paints and Tata Power. Apart from the above, companies like Dhanlaxmi Bank, Eris Lifesciences, JK Tyre, JSW Holdings, Metropolis Healthcare, Max Financial, One Mobikwik, Torrent Power, V Mart and a few others will also declare their quarter results.

Garden Reach Shipbuilders Engineers (GRSE) shares will remain in focus on Tuesday after the company reported 11% year-on-year (YoY) growth in its net profit at Rs 98 crore for the quarter ended December 2024. The same stood at Rs 88 crore in the year-ago period. Revenue from operations, meanwhile, jumped 38% YoY to Rs 1271 crore in the reporting period, compared with Rs 923 crore in the year-ago period.

Trump said he has paused planned tariffs on Mexico for one month after the nation agreed to reinforce its northern border with 10,000 National Guard members to stem the flow of illegal drugs, particularly fentanyl.

You have not mentioned your period of stay, but I assume you have become a non-resident Indian and a resident of Portugal as you run a business there. I also assume you do not spend more than the specified threshold period (120 days/182 days) on your visits to India, and therefore do not become a resident under Indian income tax law. Assuming you are liable to pay tax in Portugal as a resident, you qualify as a tax resident of Portugal under the India-Portugal Double Taxation Avoidance Agreement (DTAA).

HFCL Monday reported an 11.95% year-on-year fall in its consolidated profit after tax (PAT) to Rs 72.58 crore in Q3FY25. The company had posted a consolidated PAT of Rs 82.43 crore in the corresponding quarter of the previous fiscal year (Q3FY24). HFCL’s consolidated revenue fell by 1.97% on-year to Rs 1,011.95 crore in the reporting quarter, compared to Rs 1,032.31 crore in Q3FY24. The consolidated revenue, however, declined strongly at 7.47% on-quarter.

Divi's Laboratories on Monday reported a 66% year-on-year (YoY) jump in net profit to Rs 594 crore for the quarter ended December 31, 2024 led by growth in custom synthesis and stable generics business. The company reported net profit of Rs 358 crore in the corresponding quarter of the previous year.

Donald Trump waging a tariff war on Canada, Mexico and China sent a chill into global markets as major European and Asian indices, including India's headline indices, reeled under selling pressure on Monday. Banks, energy and FMCG stocks fell most even as the IT sector tried to salvage some pride. Meanwhile, Saturday’s Budget announcements or rather the lack of them for capex-intensive sectors soured the D-Street sentiments. While the 30-stock S&P BSE Sensex finished at 77,186.74, declining by 319.22 points or 0.41%, the broader Nifty fell by 31.75 points or 0.52% to close at 23,361.05. Commenting on the day's action, Dr. Praveen Dwarakanath, Vice President of Hedged.in, highlighted that Nifty exhibited strength taking support from the middle of the Bollinger band after a sudden fall during the day.

Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). The company had earlier filed its IPO papers with Sebi on September 27, 2021. The IPO, with a face value of Rs 2, is a mix of fresh issue of shares up to Rs 185 crore and an offer-for-sale up to 13 million equity shares by Promoter and Other Selling Shareholders.

Jyoti Structures Ltd.(up 9.97%), KPI Green Energy Ltd.(up 5.00%) and Ravindra Energy Ltd.(up 0.23%) stood among the top gainers.

The company is aiming to raise Rs 14.60 crore via a fresh issue of 29.19 lakh shares.

Oriental Trimex Ltd.(up 1.52%) stood among the top gainers.

The Budget’s focus on sectors like agriculture, MSMEs, infrastructure, and social inclusion presents a tremendous opportunity to strengthen the nation’s financial fabric and deepen the role of insurance.

«So, we will keep on seeing such liquidity measures continue because in our opinion the tariff war is not temporary, that is the reason why I said Trump one and Trump two are very different,» says Anindya Banerjee, Kotak Securities. This further weakness in the rupee and touching its all-time low levels for today, how do you see this and what is next for rupee actually? Help us understand your analysis because in the last few quarters we are seeing a lot of intervention from the RBI as well. So, where do you see rupee headed and stabilising as well? Anindya Banerjee: See, the Indian rupee is now subjected to what is happening to almost all Asian currencies, almost all currencies against the US dollar. Because after Trump announced the high tariffs on Canada and Mexico also, he slapped fresh tariffs on China.

On the BSE, Sai Swami Metals and(down 18.81 per cent), Ceejay Finance(down 14.58 per cent), Looks Health Services(down 11.37 per cent), Aadi Industries Ltd.(down 10.62 per cent) and Ind-Agiv Comm(down 10.00 per cent) were among the stocks that plunged over 5 per cent during the session.

Benchmark NSE Nifty index fell 162.61 points to 23319.55 amid selling in frontline bluechip stocks.

Union Budget 2025 has unveiled measures aimed at bolstering infrastructure financing and maintaining fiscal prudence, which is expected to have a significant impact on the Indian bond market. A key highlight is the government's continued emphasis on enhancing credit access for the infrastructure sector through the National Bank for Financing Infrastructure and Development (NaBFID).

Simbhaoli Sugars Ltd.(up 3.04%), EID Parry(India)Ltd.(up 2.18%), Sakthi Sugars Ltd.(up 0.47%), Triveni Engineering & Industries Ltd.(up 0.39%) and Mawana Sugars Ltd.(up 0.23%) were among the top gainers.

Bitcoin (BTCUSD) retreated below $95,000 on Sunday over concerns about the potential impacts of U.S. tariffs imposed on products coming from Canada, Mexico and China.

ITC, Godfrey Phillips, and VST Industries will be in focus on Monday, February 3, after the Finance Minister kept excise duty/NCCD on cigarettes and other tobacco products unchanged in the Union Budget 2025–26. With no tax hike on cigarettes in the finance bill, Finance Minister Nirmala Sitharaman confirmed that tobacco taxation will remain steady.