UPS Financial News
29.01 / 11:19
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blues
Sensex rises! These stocks rallied over 15% on BSE in today's trade
stocks rallied as much as 15% in Mumbai trading on Wednesday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the green amid brisk buying in frontline bluechip counters. Stocks that surged in excess of 15% included, Syrma SGS Technology(19.99%), Ami Organics(19.99%), Inox Wind Ltd.(19.79%), Gala Global Prod(18.83%), KIFS Financial(17.28%), Chemfab Alkalis(17.21%), Indo Farm Equipment(16.81%), DIC India Ltd(15.98%), Deepak Fertilisers(15.91%) and Ramgopal Poly(15.63%).
29.01 / 11:19
UPS
Analysis
Food
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recommendations
Tata Consumer Q3 preview: Topline to grow by up to 17% YoY. Tea business may hit profitability
Tata Consumer Products is expected to report a double-digit growth in its topline for the quarter ended December 31, 2024 led by strong domestic business, as per three top brokerages. The revenue from operations in the reporting quarter is seen to grow by 15-17% according to estimates by three brokerages. Meanwhile, the company's profitability is expected to take a hit on the back of a sharp spike in tea prices.
29.01 / 11:19
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Analysis
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blues
Updates
Stock market update: Nifty Auto index advances 1.45%
Shares of TVS Motor Company Ltd.(up 5.53 per cent), Tata Motors Ltd.(up 3.33 per cent), Exide Industries Ltd.(up 2.84 per cent), Bajaj Auto Ltd.(up 2.71 per cent) and Samvardhana Motherson International Ltd.(up 2.21 per cent) ended the day as top gainers in the pack.
29.01 / 11:09
markets
UPS
Platform
Trade
reports
Updates
AJ Bell Investments AUM rises 38% as platform business hits £89.5bn AUA
In its quarterly trading update today (29 January), the firm reported a 3% increase in AUA, aided by £1.4bn in net inflows over the last three months of 2024, up from £1.3bn in the same period a year prior. Favourable market movements also contributed around 2% of opening AUA, it noted. Additionally, AJ Bell Investments closed the year with a 38% increase in assets under management to £7.2bn, marking a 6% rise for the quarter. AJ Bell launches £30m share buyback scheme as revenue surges 23% Net inflows into the investment division stood at around £400m for the last quarter of 20...
29.01 / 10:29
UPS
Trade
President
War
country
Relationships
After talking tough during campaign, Trump appears to ease up on China
On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term
29.01 / 10:25
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UPS
Analysis
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reports
Balrampur Chini, Dhampur Sugar and other sugar stocks rally up to 11% as govt approves ethanol price hike
Balrampur Chini Mills and Dhampur Sugar Mills, soared up to 11% on Wednesday following the government's approval of a price hike for ethanol, a key byproduct of sugar production. Balrampur Chini Mills saw a rise of 5.3%, reaching Rs 504.95 on the BSE, while Dhampur Sugar Mills surged nearly 11%, climbing to Rs 157.9. Shree Renuka Sugars also gained 7.3% to Rs 38.40. Other sugar stocks also saw notable gains, including Bannari Amman Spinning Mills, which climbed 4% to Rs 43, while Uttam Sugar Mills, Dalmia Bharat, and EID Parry India also saw increases, with gains of 6.13%, 2.97%, and 4.05%, respectively.
29.01 / 09:39
29.01 / 09:39
markets
UPS
Analysis
Trade
Experts
performer
KPIT Technologies shares skyrocket 11% on announcing Q3 results, dividend
Shares of KPIT Technologies shot up by 11.4% to their day’s high of Rs 1,404.65 on the BSE after reporting impressive financial results for the third quarter for FY25 and announcing an interim dividend of Rs 2.50 per share. Here are further details:
29.01 / 09:39
29.01 / 09:39
markets
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Digital
Strategy
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PAM
budget 2025
Income tax relief on Capital Gains Deposit Scheme: Can Budget 2025 offer clarity to taxpayers to easily claim exemption on LTCG of house sale?
capital gains in specified ways. Taxpayers should remember that tax-saving exemptions on capital gains are available on long-term capital gains (LTCG) only. No exemptions are available if the capital gains are short-term in nature. For capital gains from the sale of a house property to be long-term, the house or immovable property must be sold after two years from the purchase or construction date.
29.01 / 09:11
markets
COST
UPS
Google
CEO
NVIDIA
reports
Elon Musk not convinced with China's DeepSeek that rattled the US tech market. His one-word reply is the proof
DeepSeek sent shockwaves with an AI model with capabilities rivalling the creations of Google and OpenAI. DeepSeek grabbed the giant global tech firms by the horns, which has surprised the worldwide markets. This breakthrough technology caused a significant drop in the market value of US chipmaker Nvidia, with over $500 billion wiped off its market cap on January 27, 2025.
29.01 / 07:43
29.01 / 07:43
markets
COST
UPS
economy
President
reports
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday
29.01 / 07:09
29.01 / 07:07
markets
UPS
Digital
Strategy
Experts
PAM
8 equity mutual funds turned Rs 1,000 monthly SIP to over Rs 1 crore in 2-3 decades
equity mutual funds turned a Rs 1,000 monthly SIP into up to Rs 2.31 crore over more than 25 years. Around 33 equity funds have completed 25 years in the market, and about 13 have been around for more than 30 years.
29.01 / 07:07
UPS
security
Analysis
Research
Trade
Experts
hospital
ITC Hotels shares fall 5% after listing. Should you buy, sell or hold?
ITC Ltd to unlock value for 37 lakh shareholders, ITC Hotels shares listed at Rs 188 on BSE but hit 5% lower circuit minutes after as ITC shareholders who were not comfortable owning the hotels business tried to exit. Given growth tailwinds in the hospitality business, favourable demand-supply mismatch, and the company's strategic expansion plans, analysts say investors should hold on to ITC Hotels shares to play the longer game.
29.01 / 07:07
UPS
Strategy
Analysis
economy
wellness
trends
Trade
ITC Hotels’ demerger marks new era of stakeholder value creation: Sanjiv Puri
«Last 24 months, it has been 30 hotels. And there is a plan to scale up to 200 hotels in the next few years. But I am sure it is going to be at least, because we have seen that we are able to accelerate the pace going forward,» says Sanjiv Puri, Chairman, ITC. First of all, congratulations for the listing. Now, this demerger has happened. The company is now part of the stock exchange. What is your vision for ITC Hotel now? Sanjiv Puri: Firstly, thank you very much. So, this is a legacy over several decades where we have today a very strong foundation. Of course, iconic properties, iconic cuisines. We are very well known for our service standards.
29.01 / 06:13
markets
UPS
Analysis
Trade
Experts
Updates
Stock market update: Sugar stocks up as market rises
Bannari Amman Sugars Ltd.(up 5.69%), Dhampur Sugar Mills Ltd.(up 5.58%), Magadh Sugar & Energy Ltd.(up 5.56%), Dwarikesh Sugar Industries Ltd.(up 4.87%), Uttam Sugar Mills Ltd.(up 4.59%), Rajshree Sugars & Chemicals Ltd.(up 4.17%), Shree Renuka Sugars Ltd.(up 4.11%), Dalmia Bharat Sugar and Industries Ltd.(up 4.09%), KCP Sugar & Industries Corporation Ltd.(up 3.95%) and Sakthi Sugars Ltd.(up 3.92%) were among the top gainers.
29.01 / 06:13
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Target
Analysis
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recommendations
Exide Industries shares jump over 5% post Q3 earnings
Exide Industries rose more than 5% to Rs 361.3 in Wednesday's trade on the BSE, despite a 22% decline in consolidated net profit to Rs 158 crore for Q3 FY25, compared to Rs 203 crore in the same period last year. Revenue from operations rose to Rs 4,017 crore in the third quarter, up from Rs 3,980 crore in the year-ago period.
29.01 / 06:13
markets
UPS
Analysis
Trade
Experts
Updates
Pharmaceuticals
Stock market update: Nifty Pharma index advances 1.0% in an upbeat market
Laurus Labs Ltd.(up 4.73 per cent), Glenmark Pharmaceuticals Ltd.(up 2.98 per cent), Ajanta Pharma Ltd.(up 2.82 per cent), Biocon Ltd.(up 2.77 per cent) and Granules India Ltd.(up 2.64 per cent) were among the top gainers.
29.01 / 06:11
UPS
Death
track
country
Inside
hospital
Terminal Alberta senior chooses MAID in memory of late wife: ‘I have no regrets’
Alexander Hart Tsang knows his time is coming to an end.“I can feel it in my body. Its deteriorating,” the 78-year-old Edmonton senior said.“I know my whole body — inside — is shutting down.”Over the last 16 years, he’s battled liver cancer.Alexander has undergone radiation, chemotherapy, immunotherapy and other medical procedures — but nothing cured him.“I didn’t get cancer overnight.
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