UPS Financial News

Donald Trump’s election back into the office has begun with his loud announcements on heightened tariffs which has sparked concerns around the world. He recently targeted Mexico, Canada, and China, stating that if they fail to address the issue of illegal migration and drug smuggling into the US, he will impose a 25% tariff on all goods from Canada and Mexico; and “an additional 10% tariff, above any additional tariffs” on goods from China. While Trump has left India out of his initial tariff plans, he has made an announcement that if the BRICS (Brazil, Russia, India, China, and South Africa) countries create their own currency or back an existing currency to replace the United States dollar, the US will impose a 100% import tariff on these countries. As the world navigates through a realm of likely scenarios, when it comes to how the US exercises tariffs, there is China and then the rest of the world!

Canara Bank traded 0.32 per cent up at Rs 109.45 at around 12:08PM (IST) on Monday. The stock had closed at Rs 109.10 in the previous session. Equity benchmark Sensex traded 12.81 points at 81696.31 around the same time.

infrastructure development are driving up land prices in key micro-markets, particularly with the growth of satellite townships across the country. This trend is especially noticeable in and around the Mumbai Metropolitan Region (MMR), Bengaluru, and the Delhi NCR. Efforts to reduce congestion in these cities and their surrounding areas have resulted or is expected to witness an incease of 1.4X to 3.9X appreciation in land prices. “It is the right time for investors to invest in a location which is expanding rapidly and experiencing high land price appreciation, driven by existing & upcoming infrastructure initiatives. Investors can enjoy high returns and explore various rental yield options including second homes, holiday homes etc. and expand their real estate portfolio by investing in one of the top growth markets in India, “says Swapnil Anil, Managing Director, Advisory Services, Colliers India.

According to a TOI report, agents, who claim to navigate the system’s quirks, charge Rs 15,000 to Rs 20,000 for faster access to visa slots. For applicants with urgent needs, the costs can soar even higher. Shwetang Parikh (name changed), whose appointment was pushed to August 2025, said he paid Rs 75,000 to secure an earlier slot. «It’s frustrating. Despite trying everything, I had no choice but to pay as I needed to travel for work,» he told TOI. Visa consultants reveal that these agents exploit last-minute cancellations and newly opened slots. «Some agents constantly monitor the system to grab earlier appointments, charging hefty fees for the service,» explained a consultant. Social media platforms are rife with advertisements for such expedited services, fueling the trend.

«The broader markets on its part is way too expensive than historical numbers. One-and-a-half times deviation from the mean when you come to valuations on the small and midcap index whether it is 2007 levels or 2017, 18, 19 when you saw massive rally in the broader market. So, there is room for cautiousness to be exercised, not that I am very bearish on the market but I think some caution is warranted,» says Manish Sonthalia, Emkay Investment Managers. This market has made a very decent comeback. IT index at an all-time high. Bank Nifty marching towards an all-time high. Has that sharp correction or the sharp correction which hit us in October, November, do you think that is over? Manish Sonthalia: So, I am not in the camp who believe that the worst has been over, not that the markets will fall, but the markets can fall and this is based on whatever we are seeing at the ground level. Earnings slowdown, consumer leverage actually blowing off.

Shares are mostly lower in Asia, with South Korea's benchmark down 2.3%, after U.S. stocks rose to records on Friday

The Onion's bid to buy conspiracy theorist Alex Jones' Infowars is scheduled to return to a Texas courtroom

Sandip Sabharwal, asksandipsabharwal.com, says the key to FMCG stocks is to buy them early because the biggest feature of many of these stocks is that they do not raise equity. Most old investors tend not to sell. So, whenever there is positive news flow, new investors come in and then the stocks move up. They are reasonably priced. Start slowly nibbling into these stocks The FIIs clearly seem to be making a comeback, I do not know for how long, but at least it is a healthy buy figure so far this month. But does it seem like the rough patch of September, October is behind us or will the litmus test be in January when we have the next quarterly earnings? Sandip Sabharwal: So, FII flows have been erratic. Earlier, at the beginning of the fourth quarter, the flows started to become a bit positive, then they became quite negative. So, tracking these flows to make investment decisions is going to be difficult and that is what some investors should not be doing. So, when some selling creates opportunities to buy and if you are bullish on the markets, then we should be buying, so that is the perspective.

Sundaram Brake(up 20.00%), AdityaBirlaMoney(up 19.97%), Kridhan Infra (up 19.86%), Rajdarshan Ind(up 18.96%), Indo Asia Fin(up 18.65%), Crown Tours(up 18.13%), Ventura Text(up 17.62%), Indo Us Bio-Tech(up 16.23%) and J. Taparia Proj(up 15.36%) were among the stocks that surged over 15%.

SIP investments fared in 2024. The analysis of SIP performance showed that most of the schemes did exceptionally well and grew investors' wealth by more than 50% in 2024. On the other hand, only one scheme eroded investors' wealth by delivering negative returns in 2024. The SIP returns generated by equity mutual funds varied between 60% and -1% in 2024. Over 150 equity mutual funds gave more than 20% XIRR on SIP investments made on January 1, 2024. There were around 268 equity mutual funds in the mentioned period.

Tata Power Company Ltd. traded at Rs 441.80 on BSE at 10:15AM (IST) on Monday, 0.53 per cent from previous close. The stock quoted a 52-week low price of Rs 292.25 and a high of Rs 494.85.

buy call on Inox Wind with a target price of Rs 245. The current market price of Inox Wind is Rs 206.4. Inox Wind, incorporated in 2009, is a Small Cap company with a market cap of Rs 26854.24 crore, operating in the Power sector. Inox Wind's key Products/Revenue Segments include Wind Turbine Generator, Sale of services and Other Operating Revenue for the year ending 31-Mar-2024.

REC Ltd. traded at Rs 562.90 on BSE at 10:09AM (IST) on Monday, 0.71 per cent from previous close. The stock quoted a 52-week low price of Rs 389.05 and a high of Rs 653.90.

buy call on Lemon Tree Hotels with a target price of Rs 164. The current market price of Lemon Tree Hotels Ltd. is Rs 136.65. Lemon Tree Hotels, incorporated in 1992, is a Mid Cap company with a market cap of Rs 10829.22 crore, operating in Tourism & Hospitality sector. Lemon Tree Hotels' key Products/Revenue Segments include Income from Rooms, Restaurants & Other Services and Other Operating Revenue for the year ending 31-Mar-2024.

RBI guidelines and the rates at which they are able to lend in foreign currency,” says Bhavik Thakkar, CEO Abans Investment Managers. In an interview with ETMarkets, Thakkar said: “For NRIs since rates have gone down in global major economies, India FCNR rates relatively becomes attractive, if it further goes up, it may benefit them more,” Edited excerpts:

Upcoming phone launches this week: It's going to be an exciting week with a number of new smartphone launches lineup starting with the Redmi Note 14 series debut today, followed by the Moto G35 5G on December 10 and Vivo X200 on December 12. Here's a look at all the new phones launching this week.Redmi Note 14 series is all set to debut in India during a launch event today.

Subscribe to enjoy similar stories. Android 15 is officially here, but why does it not feel like a big upgrade? Android 15 builds upon the existing Material You design language introduced in Android 12. While there are subtle UI improvements, it's not a dramatic visual overhaul.

Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, recommends staying away from paint stocks. As far as the overall FMCG scenario is concerned, some stocks like HUL, Britannia, and others have corrected and look attractive at current valuations. Earlier rural demand was subdued and the companies suffered. Once rural demand picked up, unfortunately urban demand was subdued and they were suffering. But the festive season as well as the next quarter should be good for the FMCG companies and consumption is coming back at least as far as FMCG is concerned. General FMCG, whether it is HUL or Dabur or some of the other companies, even Godrej Consumer, look good at current levels. These market-related themes have really come back to the fore. I mean, yesterday you had a big breakout on the likes of an Angel One. You had a BSE hold out very well, CDSL, etc. Anything that you find interesting here? Sudip Bandyopadhyay: BSE definitely looks interesting. The valuation is not cheap. But the way CDSL is moving up and BSE holds a significant stake in CDSL, that adds to the momentum. Of course, the new changes which have been introduced by SEBI benefits BSE more than it does NSE and that is also adding a kind of fat to the fuel. So, BSE definitely, and overall market infrastructure companies from a long-term investor's point of view definitely look attractive. Somebody can buy it and decide to hold it for a long time, and they will keep getting decent returns from these companies even at current levels.

buy call on Ashok Leyland with a target price of Rs 255. The current market price of Ashok Leyland is Rs 232.9. Ashok Leyland, incorporated in 1948, is a Large Cap company with a market cap of Rs 68298.36 crore, operating in the Auto sector. Ashok Leyland's key Products/Revenue Segments include Commercial Vehicles, Spare Parts & Others, Sale of services, Engine & Gensets, Ferrous Castings, Scrap, Export Incentives, Other Operating Revenue for the year ending 31-Mar-2024.

Subscribe to enjoy similar stories. In 1914, Henry Ford startled his industrialist peers in the US. He raised the wages that Ford Motor Company paid its workers to $5-a-day, twice the market rate, on the rationale (or at least rhetoric) that they too should be able to afford the $440 Model-T cars they rolled off its assembly lines—a factory innovation that crushed unit production cost, cracked open a mass market and whose later adoption for military hardware gave the US an edge in warfare that made it the world’s top power.

Gold prices inched higher on Monday as investors awaited U.S. inflation data, set for release this week, for insights into the Federal Reserve's monetary policy.