Experts Financial News

Bharat Forge Ltd. 2.23 per cent to Rs 1267.60 at 12:12PM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 16,702 shares with a turnover of Rs 2.13 crore till 12:12PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 63.93, while the price-to-book value ratio stood at 7.33.

Bandhan Bank Ltd. traded 2.53 per cent in Monday's trade at 12:07PM (IST). Around 760,641 shares changed hands on the counter. The counter opened at Rs 158.85 and touched an intraday high and low of Rs 159.70 and Rs 153.00, respectively, in the session so far. The stock of Bandhan Bank Ltd. quoted a 52-week high of Rs 263.15 and a 52-week low of Rs 153.00.

HDFC Bank will remain in focus on Monday after its deposit growth outpaced loan growth for the quarter ending December 2024. While deposits grew by 15.8% on year, its loans grew by 3%, provisional numbers released by the lender showed. Total gross advances stood at Rs 25.42 lakh crore as of December 31, 2024, a growth of around 3.0% over Rs 24.69 lakh crore at the end of December 31, 2023.

Manohar Lal Khattar on Sunday, urged farmers to come forward for talks without conditions, stating that the central government has already extended an invitation for the dialogue amid ongoing farmers' protest.

price discovery process for ITC Hotels which is getting demerged from the parent company. Today, January 6, marks the record date for the much-anticipated demerger of ITC Ltd.'s hotel business, affecting approximately 36 lakh shareholders of the Kolkata-based conglomerate.

Shibani Sircar Kurian, Senior EVP, Sr. Fund Manager & Head -Equity Research, Kotak Mahindra AMC, says larger IT stocks are fairly in line with market valuations and therefore, she continues to be positive on the sector as a whole. However, this quarter, one should watch out for commentary in terms of deal flow as well as expectations going forward. The rupee depreciation will help in terms of margins and therefore margins should remain largely stable. As far as auto stocks are concerned, commodity costs remaining under control are helping in terms of margins, but the main thing to watch out for will be volume growth over the next couple of months as such. Is it going to be ‘happy days’ for FMCG? Will staples finally bottom out or will pressure continue? Shibani Sircar Kurian: It has been a mixed bag as far as the consumer and staples pack goes. What we have been noticing and what management commentary over the last few quarters has been is that while the urban demand has been somewhat slowing down, there is an uptick that we are seeing on the rural side. Overall, it is still a fairly mixed bag in terms of growth. Even if you saw the last quarter numbers, the volume growth numbers were fairly muted.

Big Tech and social media companies are concerned that a proposed committee may recommend curbs on certain data categories, although IT Minister Ashwini Vaishnaw has assured the data Rules published Friday don't amount to a back-door entry for data localisation requirements.

Beijing last year struggled to lift the economy out of a slump fuelled by a property market crisis, weak consumption and soaring government debt.

Swiggy and Flipkart, is looking to take public more startups from its portfolio this year, partners at the India office of the US-based venture fund told ET. Accel closed its eighth India-focused fund of $650 million, boosting total commitments in the country to $3 billion.

Irdai) met with promoters of large insurance companies, including Sanjiv Bajaj, Uday Kotak, and Keki Mistry, and urged them to present a clear road map for listing their insurance companies within the next two to three years, sources aware of the development told ET. «Prominent industry leaders, including Sanjiv Bajaj, Uday Kotak, and Keki Mistry, along with senior representatives from the SBI and other banks, attended meetings with Irdai,» said an industry executive, who declined to be named. «The regulator insisted on meeting promoters and not just managing directors and CEOs, as they take responsibility for charting out a timeline and strategy.»

Tata Sons has directed the management of all group companies, especially new businesses such as Tata Digital, Tata Electronics and Air India, to independently manage their debts and liabilities, discontinuing the practice of providing letters of comfort and cross-default clauses to lenders, officials aware of the development told ET.

front-running has come under the spotlight once again after Sebi uncovered a front-running by stock market operator Ketan Parekh along with other entities. Ruchita Sonawane takes a closer look at what is front-running and how it happens. What is Front-Running?

Nifty expected to touch 24,400-24,500 in the near future. This implies an upside of as much as 2% over Friday’s closing of around 24,000. The action will most likely be stock-specific, while analysts said the downside is a good time to accumulate large-cap stocks. DHARMESH SHAH HEAD OF TECHNICAL, ICICI SECURITIES

Joe Biden was gearing up to stop Japanese steel-maker Nippon Steel from acquiring Pittsburgh-based US Steel, top Japanese officials repeatedly warned that quashing the merger would hinder economic ties between the allies.

ORIX Corporation India Ltd expects automobile leasing market in India to account for 7-8 per cent of the overall vehicle sales in the next 5-7 years, up from about 2 per cent currently with more younger people joining the workforce, its Managing Director and CEO Vivek Wadhera. With good traction in its business, the company expects 30-35 per cent higher profit this fiscal year compared to the last year, Wadhera told PTI in an interaction.

The Canadian equity market will continue building on its strength from 2024 despite lingering political uncertainties, experts forecast. But investors should prepare for more volatility and be patient as the pace of gains is expected to be a bit slower.

Consumer Electronics Show, as vendors behind the scenes will seek ways to deal with tariffs threatened by US President-elect Donald Trump.