Trade Financial News

Indian Hotels Company Ltd. traded 0.78 per cent up at Rs 805.30 at around 12:32PM (IST) on Friday. The stock had closed at Rs 811.70 in the previous session. Equity benchmark Sensex traded 373.53 points at 76669.29 around the same time.

«It is just that there is so much uncertainty it is not really worth us thinking about how much or where, but I do think that he has to surprise the markets and he will have to be quite firm early on because it is useful as a tool of negotiating to really be aggressive early and then be able to use that to negotiate with other countries in terms of policies that he wants them to abide by,» says Marko Papic, Chief Strategist, BCA Research. Let us talk about Donald Trump. He takes charge next week. What do you expect from him? You think he is going to follow up on his pledges about tariffs, tax cuts, and immigration. What is your own sense and do you think it was just perhaps rhetoric? Marko Papic: Macro investing is pretty difficult because not only do you have to get the direction of markets correctly, but also what is the most important issue that the market will focus on? The market cannot focus on everything at the same time and I think that too many investors are trying to combine all of Trump's policies and figure out their inflation, market, and economic impact. I think that the market is going to continue to focus as it has been on fiscal policy, that means how much will President Trump and his cabinet expand the budget deficit and thus far the market has assumed that the US will continue to spend at a pretty significant clip.

The NSE Nifty index traded 197.5 points down at 23114.3, while BSE Sensex was 726.88 points at 76315.94 as of 11:06AM(IST)on January 17.

L&T Technology Services Ltd.(up 2.31 per cent) were among the top gainers.

Cummins India Ltd. 0.31 per cent to Rs 2916.50 in Friday's trade as of 11:01AM (IST). The stock hit a high price of Rs 2960.00 and low of Rs 2906.05 during the session. The return on equity (ROE) for the stock stood at 26.02 per cent. Traded volume on the counter stood at 11:01AM shares and turnover at Rs 0.43 crore around that time. The stock of Cummins India Ltd. quoted a 52-week high price of Rs 4169.50 and 52-week low prices of Rs 1949.65, respectively.

Voltas Ltd. 0.37 per cent to Rs 1594.40 in Friday's trade. It hit a high of Rs 1615.10 and low of Rs 1578.70 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1598.81, while the 50-DMA was at Rs 1717.02. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

were among the top gainers.

Tata Power Company Ltd. traded 0.05 per cent up at Rs 368.75 at around 11:11AM (IST) on Friday. The stock had closed at Rs 368.95 in the previous session. Equity benchmark Sensex traded 679.21 points at 76363.61 around the same time.

Bannari Amman Sugars Ltd.(up 1.28%), Simbhaoli Sugars Ltd.(up 0.83%) and DCM Shriram Industries Ltd.(up 0.12%) were among the top gainers.

Union Budget 2025 Expectations Live Updates: From ordinary taxpayers, to tech, healthcare, insurance, and finance sectors, among others — all stakeholders are holding high hopes for Union Finance Minister Nirmala Sitharaman's eighth Budget speech in February.Notably, she completed Pre-Budget Consultation with various stakeholders, unions and other representatives on January 6, ahead of beginning work on Budget 2025-26.FM Sitharaman 8th Budget SpeechIn Sitharaman's eighth Budget speech, likely next month, the industry is expecting significant announcements ranging from income tax breaks, GST rationalisation, industry-specific policies and more, aimed at reviving the economy and boosting consumer sentiments.This will be Sitharaman's second full-fledged Budget in Modi 3.0, and her eighth budget presentation in Parliament. She has presented six annual and two interim budgets under the NDA government's consecutive terms in power.When is the Union Budget 2025 Speech?As per convention over the past years, the finance minister is expected to give her Budget speech in Parliament at 11 am on February 1, 2025.

Subscribe to enjoy similar stories. A little more than a year after legendary Enron short-seller Jim Chanos threw in the towel on activist short selling, the equally famous Hindenburg Research is calling it a day. Short selling, short-trade research and public activism are all key to the functioning of the stock market.

Tube Investments of India Ltd. 2.61 per cent to Rs 3410.45 at 10:10AM (IST) in Friday's trade. The stock has hit a high of Rs 3410.50 and low of Rs 3321.70 so far during the session. The stock had closed at Rs 3323.60 in the previous session. The counter has had a total traded volume of 2696 shares so far with a value of Rs 0.91 crore on the NSE. It traded at a price-to-earnings multiple of 57.06 and a price-to-book ratio of 14.15.

«On the other side, the consumer facing businesses both the Jio platform as well as retail, Jio platform in particular I think because of the better mix as far as the customers are concerned and at the same time higher ARPU that they have been blocking have produced good numbers,» says Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd. What were you pleasantly surprised by, the refining business or the strength in the retail business? Deven Choksey: Well, I guess, the refining business, we were very clear that the O2C business would probably have relatively better quarter compared to the second quarter.

buy call on REC with a target price of Rs 600. The current market price of REC is Rs 485.2. REC, incorporated in 1969, is a Large Cap company with a market cap of Rs 127211.05 core, operating in Term Lending Institutions sector.

Stocks that rallied over 10% included, IEL Ltd.(14.51%), Bajaj Healthcare(13.74%), Silverpoint Infratech(12.04%), Hindustan Motor(10.62%), TGB Banquets(10.33%) and Metal Coatings(10.07%).

Info Edge (India) Ltd. traded 1.72 per cent in Friday's trade at 10:15AM (IST). Around 1,230 shares changed hands on the counter. The counter opened at Rs 7687.35 and touched an intraday high and low of Rs 7776.95 and Rs 7622.05, respectively, in the session so far. The stock of Info Edge (India) Ltd. quoted a 52-week high of Rs 9194.95 and a 52-week low of Rs 4868.50.

Cameron Brandt of EPFR Global says there is a strong inclination to return to emerging markets. However, the current appeal of the United States, at least in the short term, is so compelling that it is challenging for investors to overlook it in favor of emerging market narratives. The aspects of these narratives that hold credibility have recently experienced significant price increases. This interest is particularly focused on the major emerging markets in Asia, including India, China, Korea, and Taiwan, where substantial capital has been directed. What is the sense that you are getting? Is the dollar going to peak out anytime soon? Cameron Brandt: My sense is certainly that it has further to go and as much as there is a consistent theme for mutual fund and ETF flows, it is towards US mandated equity and bond funds.

Macrotech Developers Ltd.(up 5.25 per cent), Prestige Estates Projects Ltd.(up 1.48 per cent), DLF Ltd.(up 1.46 per cent), Oberoi Realty Ltd.(up 1.38 per cent) and Godrej Properties Ltd.(up 1.12 per cent) were among the top gainers.

₹1.76 lakh crore. Stay tuned to our Jio Financial Services Q3 Results Live blog for the latest updates.Jio Financial Services Q3 Results Live: The meeting of the Board of Directors of the Company is scheduled to be held on Friday, January 17, 2025, to consider and approve the standalone and consolidated unaudited financial results of the Company for the quarter and nine months ended December 31, 2024.Jio Financial Services Q3 Results Live: Jio Financial Services, the billionaire Mukesh Ambani-owned non-banking finance company (NBFC), will announce its Q3 results today.

Subscribe to enjoy similar stories. This is the story of how a small oversight—failing to report trades in his income tax return (ITR) due to lack of awareness—spiralled into a massive tax dispute. The protagonist, a farmer from a small town near Bengaluru, is now facing a staggering ₹69 crore tax demand.

Reliance Industries' telecom and digital businesses, posted a 26% on-year rise in net profit in the fiscal third quarter, on the back of the tariff hikes of July 2024, subscriber additions and strong data usage growth. The rate hikes partly helped Jio grow average revenue per user(ARPU) 4.2% on-quarter to ₹203.3. But the full beneficial impact of the price hikes will be staggered, and likely to come through Q4FY25 and Q1FY26, since Jio has a higher share of subscribers on longer-validity plans compared to Bharti Airtel or Vodafone Idea, said analysts.