Experts Financial News

ITC shareholders, shares of ITC Hotels would list on stock exchanges on Wednesday morning with brokerages expecting that the new stock could list between Rs 140-175 per share. «Comparable peers, Indian Hotels and EIH Ltd are currently trading at an FY26E EV/EBITDA multiple of 31.0x and 21.2x, respectively. Using an FY26E EBITDA estimate of Rs 1,458 crore, we anticipate ITCHL's listing to occur at an EV/EBITDA multiple of 20.0x-25.0x, implying a market capitalization range of Rs 29,163 crore to 36,454 crore. This would result in a potential listing price in the range of Rs 140-175 per share,» Deven Choksey said.

Sensex and Nifty 50, opened higher for the second consecutive session on Wednesday, led by IT and financial stocks, ahead of the U.S. Federal Reserve's rate decision later in the day and the Union Budget this weekend. As of 9:18 am, the BSE Sensex was up by 295 points, or 0.39%, at 76,182, while the Nifty 50 gained 77 points, or 0.33%, trading at 23,034.

Stocks that were in focus include names like Bajaj Auto, which rose 0.3% and Tata Motors, which gained 3% and Maruti, whose shares increased 0.9% on Tuesday.

earnings season is underway and about 94 companies will announce their results on Tuesday. Key results to watch out include from Bajaj Finance, Maruti, Tata Motors, Adani Power and Ambuja Cements. Apart from the above, companies like Blue Dart, CAMS, CarTrade Tech, Fino Payments Bank, Gujarat Fluorochemicals, Indian Bank, KPIT Technologies, Olectra Greentech, Quess Corp and a few others will also declare their quarter results.

Dr Agarwal's Healthcare IPO opened for subscription earlier today. The issue, which has a high OFS component worth Rs 2,727 crore out of the total offering of Rs 3,027 crore, will be available for investors to bid till January 31.

Trump to pause federal funding while his administration conducts an across-the-board ideological review to uproot progressive initiatives.

«We maintain our sell on rise stance for the index and emphasize the importance of robust risk management, particularly in broader market segments like midcaps and small caps, while awaiting clearer signals,» said Ajit Mishra – SVP, Research, Religare Broking.

Bajaj Finance, Maruti, Tata Motors, SBI Card, Suzlon Energy among others will be in focus due to various news developments and third quarter results. Bajaj Finance, Maruti, Tata Motors, Adani Power and Ambuja Cements Shares of Bajaj Finance, Maruti, Tata Motors, Adani Power and Ambuja Cements will be in focus as the companies will announce their third quarter results today.

Federal Reserve’s rate decision and US mega-cap earnings. Japanese and Australian shares rose. Most other major markets in the region are closed for Lunar New Year holidays. US equity futures declined after the S&P 500 rose 0.9% and Nasdaq 100 advanced 1.6% on Tuesday, as Nvidia Corp. rallied 8.9% following the largest one-day value loss in history. The dollar and oil gained after President Donald Trump talked about across-the-board tariffs.

David Sacks said there’s “substantial evidence” that Chinese upstart DeepSeek leaned on the output of OpenAI’s models to help develop its own technology.

Sebi) late Tuesday returned a letter by US-based Digvijay Laxmansinh Gaekwad, that had sought the regulator's permission to make a counteroffer to buy a stake in Religare Enterprises. Separately, two independent directors of Religare Enterprises questioned the company's decision to publish the letter written by Gaekwad to the capital markets regulator without verifying the sender's identity or signature, sources told ET.

FPIs have offloaded nearly Rs 2.18 lakh crore worth of Indian equities during this period. Several sectoral indices on the NSE, including auto, metals, oil & gas, energy, realty, media, and PSU banks, have plummeted more than 20% from their 52-week highs.

Deepseek, a large language model (LLM) trained at a fraction of the cost of its Western counterparts, has sent shockwaves through the global AI community leading to calls for India to build its own AI language models.

initial public offering of ₹3,027 crore comprising an offer for sale of ₹2,727 crore with the rest being a fresh issue that dilutes the promoter shareholding from 37.7% to 32.5%. Of the issue proceeds, ₹195 crore will be used to repay borrowings. Business: Incorporated in 2010, Chennai-based DAHC is India's largest eye care service chain run by fourth-generation ophthalmologists. It has the highest number of eye care facilities in the country at 193, and 16 in Africa which contributes around 10% of the total revenues. At the end of September 2024, the company had 737 doctors and earned 66% of its revenues from surgeries, 13% from diagnosis and non-surgical treatments and 21% through the sale of eye care-related products, opticals, contact lenses and accessories.

DeepSeek released a less capital-intensive AI assistant model, R1, Tech America let out an existential eek. R1 looks like ChatGPT, walks like ChatGPT, quacks like ChatGPT, but is not ChatGPT.

Chinese AI startup DeepSeek’s cost-efficient technology propelled it to overnight fame leaving industry insiders, investors and competitors stunned by the sudden disruption. Here’s a look at the underlying technology.

Project 2025 which is a 922 page policy manifesto developed by over 140 former US President Donald Trump administration officials has significantly influenced the early actions of US President Donald Trump during his second term, reported Salon.

It is interacting with potential underwriters for the share offering in London, where Hero Future's chairman, Rahul Munjal, has been spending considerable time to help expand the global footprint of the renewable energy generator, said the sources cited above.

Nassim Nicholas Taleb is undoubtedly one step ahead. He has now claimed that tough days are ahead for US investors who have blindly put in their money in US stocks through 2024 when the stock market was undergoing a dream bull run.