Trade Financial News

crypto markets – be it the massive institutional adoption, the growing retail investor confidence in crypto and most importantly, the way 2024 changed the perception towards crypto. Over the years, crypto moved from being a niche financial product to a key discussion of mainstream politics in the US showing its growing influence on economies. With the foundation set strong in 2024, the crypto market has a pipeline that shows promise to make 2025 an even better year than 2024 for the crypto market. As we move into a new year, let's look back at some of the major events that brought the crypto market to where it is today and what the coming year holds for the digital asset space.

«So, especially, the thought process was that the Middle East capex is slowing down, the oil capex of Aramco, that will slow down. However, having said that, they delivered very strongly on the 2Q numbers and what we are saying that 3Q numbers may be at a record level versus other quarters,» says Priyankar Biswas, BNP Paribas. What the expectations are when it comes to the Q3 of this year, clearly the ports and logistics sector are expected to be a bit softer? Priyankar Biswas: Yes, that is correct. At least for the port space, we are seeing a fair bit of softness. So, we have actually put out something today on this aspect. So, what we are witnessing is that port volumes, so the big players like Adanis and the Gujarat Pipavavs and even the major port volumes are very much out in the public domain. And we can see there is already a softness that is being witnessed all across the board.

ACC Ltd. traded 1.91 per cent in Thursday's trade at 02:09PM (IST). Around 5,062 shares changed hands on the counter. The stock opened at Rs 2011.90 and touched an intraday high and low of Rs 2011.90 and Rs 1950.05, respectively, in the session so far. Shares of the company of ACC Ltd. quoted a 52-week high of Rs 2843.00 and a 52-week low of Rs 1867.15.

Gold gave back a little more of its year-to-date gains in December, finishing down 1% on the month, but up 26% on the year.

Kaynes Technologies' (KAYNES) position as a fast-growing, diversified, and backward-integrated player in the electronics manufacturing services (EMS) sector, Motilal Oswal has increased its target price to Rs 9,100, signaling a 31% upside. Kaynes is the only rapidly growing (over 50% growth guidance), well-diversified (catering to over seven end-user industries), and backward-integrated player (OSAT/PCB facilities to commence by FY26) within the EMS space, with a strong focus on value addition (42% box-build share in FY24).

₹31,087 crore in Q3FY25, registering a growth of 129% from ₹13,558 crore during the year-ago period. Its loan disbursements increased 41% YoY to ₹17,236 crore, while loan book outstanding grew by 36% YoY to ₹69,000 crore.

Subscribe to enjoy similar stories. ₹10 trillion is the amount of wealth that was lost on Monday this week as fear of the outbreak of a new virus i.e. Human Metapneumovirus (HMPV), gripped the market.

Colgate-Palmolive(India)Ltd.(up 2.79%), Dabur India Ltd.(up 1.82%), Godrej Consumer Products Ltd.(up 1.59%), Marico Ltd.(up 1.57%), Honasa Consumer Ltd.(up 1.51%), Bajaj Consumer Care Ltd.(up 1.27%), Jyothy Labs Ltd.(up 1.23%), Bikaji Foods International Ltd.(up 1.19%), Dangee Dums Ltd.(up 1.13%) and Hindustan Unilever Ltd.(up 1.11%) were among the top gainers.

SRF Ltd. 10.85 per cent to Rs 2606.15 in Thursday's trade as of 10:00AM (IST) even as the benchmark Nifty ruled at 23634.45, 54.5 points. The scrip had closed at Rs 2350.90 in the previous session. The stock quoted a 52-week low of Rs 2088.55 and a high of Rs 2697.45. The company quoted a market-cap of Rs 78479.95 crore on the BSE.

The BSE Sensex fell more than 200 points while the Nifty50 slipped below 23,650 in the first 15 minutes of trade.

Phoenix Mills Ltd.(up 0.39 per cent) were among the top gainers.

While India has experienced annualized growth of 25% in recent years, HSBC notes that this pace is unsustainable. The brokerage firm has significantly reduced its FY25 earnings growth forecast for the Nifty 50 from 15% to just 5%.

Colgate-Palmolive (India) Ltd. rose 3.0 per cent to Rs 2874.95 in Thursday's trade. It hit an intraday high of Rs 2890.00 and low of Rs 2777.55, respectively, during the day. The stock quoted a 52-week high price of Rs 3893.00 and low of Rs 2380.05.

Axis Securities has an overweight call on Bharti Airtel with a target price of Rs 1,880. The current market price of Bharti Airtel is Rs 1587.5. Bharti Airtel, incorporated in 1995, is a Large Cap company with a market cap of Rs 969654.35 crore, operating in Telecommunications sector. Bharti Airtel's key products/revenue segments include Service Revenue and Sale of Products for the year ending 31-Mar-2024.

Union Budget 2025 Expectations Live Updates: The industries are looking forward to the Union Budget 2025 and expecting changes from Finance Minister Nirmala Sitharaman.What do industries expect from Finance Minister Nirmala Sitharaman ahead of the upcoming Union Budget 2025? Take a look.The Finance Minister is expected to present the Union Budget 2025 on February 1, 2025, at 11 a.m. However, there has been no official confirmation from the government.

Following the standard T+1 settlement cycles in Indian stock markets, today marks the final trading day for investors to purchase Shriram Finance shares to be eligible for the stock split.

The focus for markets in 2025 has been on U.S. President-elect Donald Trump's policies as he steps back into the White House on Jan. 20, with analysts expecting his policies to both bolster growth and add to price pressures.

Parmeshwar Metal will debut on the BSE SME platform on Thursday. The company's GMP was robust at Rs 44 in the grey market ahead of the listing. Considering the upper price band of Rs 61, the stock is expected to see a listing premium of 72% over the issue price.

investors stayed on the sidelines ahead of the earnings season amid lower economic growth projections. Stocks that were in focus include names like Delta Corp, which rose 3% and Waaree Energies, which declined 3% and Tata Technologies, whose shares gained 0.37% on Tuesday.

Davin Sons Retail will debut on the BSE SME platform on Thursday. Ahead of the listing, the company's shares were trading with a GMP of Rs 5 in the grey market. Considering the upper price band of Rs 60, the stock is expected to see a listing premium of 9% over the issue price.

Standard Glass Lining IPO is likely to be finalised later today or tomorrow morning. Investors will get shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE or even on the registrar's website.