Experts Financial News

markets weighed U.S. President Donald Trump's declaration of a national energy emergency on his first day in office and eyed his tariff policies. Brent crude futures fell 36 cents, or 0.5%, to $78.93 per barrel at 0730 GMT. U.S. West Texas Intermediate crude futures dropped 46 cents, or 0.6%, at $75.37.

Bharat Dynamics Ltd (BDL) have recovered by 32% after they made a low of Rs 917 earlier in November 2024, falling from its peak of Rs 1,794.70 made in July 2024. After resuming a northward journey, the stock broke above its downward trendline and started making higher highs and higher lows, taking support on an upward-moving trendline.

Revenue from operations during the third quarter could rise just 1% year-on-year (YoY), according to an average estimate of four brokerages. Profit after tax (PAT) may decline 29% YoY.

CBDT), has clarified that past investments made under certain tax treaties with countries like Mauritius, Cyprus, and Singapore will not be affected by a new rule called the Principal Purpose Test (PPT).

U.S. President Donald Trump signed an executive order hours after being sworn in that could lead to children born in the country no longer being deemed as citizens regardless of their parents’ status.

Jio Financial Services (JFSL) will remain in focus on Wednesday, January 22, following the announcement that the company and its joint venture partner, US-based BlackRock, have infused Rs 117 crore into their mutual fund business. Both JFSL and BlackRock have subscribed to 5.85 crore equity shares, each priced at Rs 10, in Jio BlackRock Asset Management Private Limited, a 50:50 joint venture between the two entities. This investment totals Rs 117 crore, as per a regulatory filing.

Ajay Bagga, Market Expert, says the markets have decided that Trump will implement tariffs, and they are advising to sell now and ask questions later. This is what we are currently observing. There’s nothing particularly concerning about India, aside from our sluggish economy, decreasing earnings, and some policy spending that didn’t happen last year, but we hope will improve next year. The overall economic situation in India hasn’t changed to justify today’s 2% drop, but this is typical when you are connected to the global market. What is it that you are making of this free fall in the market? It is almost smacking of capital protection and I am sure viewers are wondering whether or not to book out their gains. Ajay Bagga: I would say that if you believe in the India story on a two-year, four-year, six-year basis, then we are still looking very good. Right now, there is a huge change in global politics, global messaging and Trump, by design, practices indisciplined messaging. The morning started well. The dollar was down one percent. The dollar index was down one percent at the start of the US day and then in the Oval Room, while signing some agreements, a journalist asked him about tariffs and then he held forth that maybe we will put 25% on Canada and Mexico, maybe we will do it on 1st February and that is where the markets took a swing back.

“The investment philosophy of the fund is centered on acquiring growth-oriented companies at median or below-median valuations,” says Abhishek Jaiswal, Fund Manager at Finavenue. In an interview with ETMarkets, Jaiswal said: “We prioritize long-term investments, focusing on industry cycles that are expected to be favorable over a 3-5 year horizon. The fund has a proven ability to identify proxy investment opportunities and market-dominant players,” Edited excerpts: Thanks for taking the time out. Your fund Finavenue Growth Fund has more than doubled in 1 year. What worked for you?

Hong Kong stocks weakened on Wednesday after U.S. President Donald Trump hinted at potential new tariffs on Chinese imports, ending a brief reprieve for the markets. The blue-chip CSEI 300 Index declined 1.1% in early trade, the biggest retreat in nearly two weeks, and the Shanghai Composite Index lost 0.9%.

The South Korean government has announced it will reduce indirect subsidies for biomass energy

₹66 crore from anchor investors prior to its IPO. The IPO consists entirely of a fresh issuance of 75 lakh equity shares, totaling ₹220.5 crore at the highest end of the price band.The fresh issuance proceeds amounting to ₹150 crore will be allocated for working capital needs, with a portion designated for general corporate activities.SMC Capitals serves as the exclusive book-running lead manager for the issue.Since its establishment in 2016, Denta Water and Infra Solutions Ltd has become a significant player in the water engineering, procurement, and construction (EPC) sector.The company has successfully completed 32 water management projects, including 11 as the primary contractor, one through a consortium/joint venture arrangement, and 20 as a subcontractor in collaboration with the main contractor.Stay tuned for more updatesDenta Water IPO GMP today or Denta Water IPO grey market premium is +165.

Stocks climbed as President Donald Trump struck a better-than-feared tone on global trade and speculation grew that his policies will further boost Corporate America. Bonds continued to unwind the recent surge in yields that roiled markets. The dollar wavered. Over 400 shares in the S&P 500 rose, with the gauge up almost 1% as Trump is expected to announce a new investment push for artificial intelligence led by Softbank Group Corp., OpenAI LLC, and Oracle Corp. A closely watched exchange-traded fund tracking companies with AI exposure hit a three-year high. Small caps climbed on bets they will benefit from a protectionist stance. Trump’s flurry of executive orders helped boost space shares, while weighing on electric-vehicle makers. An ETF focused on big Chinese firms gained as the US president so far refrained from announcing tariffs on the Asian nation.

IndiaAI Mission — for procurement of 10,000 graphics processing units, people aware of the development told ET.

Agritech startup DeHaat has acquired farm advisory platform AgriCentral from Olam Agri through a business transfer agreement (BTA) in an all-cash deal, the companies said without disclosing the financial terms.

Financial planners recommend multi-cap funds with a fixed allocation to large, mid-, and smallcap stocks for long-term investors looking to create wealth and meet long-term goals. This category currently has 29 schemes managing assets of Rs 1.82 lakh crore.

HDFC Bank, HUL, Tata Technologies, JSW Steel, PNB Housing among others will be in focus due to various news developments and third quarter results. HDFC Bank, HUL, Tata Communication Shares of HDFC Bank, HUL and Tata Communication will be in focus as the companies will announce their quarterly results later today.

Here's breaking down the pre-market actions:

children of immigrants who are on work visas in the country. Lawyers and experts told ET that for the children, the order creates a phase of being 'stateless' for a brief period as they may be without authorisation since there is no visa category for children of temporary immigrants.

Budget 2025: The government may announce the third phase of the Green Energy Corridor project in the upcoming budget, said people familiar with the matter. GEC-III, details of which are being finalised, will seek to facilitate evacuation of renewable power to ensure supply for industries such as green hydrogen and steel. This is part of the government's strategy to further enhance renewable energy capabilities.

online food delivery and quick-commerce platform operator Zomato tanked by over 10% on Tuesday after its consolidated net profit in the December quarter dropped 57% from a year ago. Swiggy shares also declined 8% with Zomato's disappointing earnings rubbing off on its smaller rival. Zomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer acquisition efforts in the quick commerce (QC) business. Swiggy has not reported its October-December results yet.