Week Financial News

Investing.com — European stock markets traded in a muted fashion Monday, at the start of an action-packed week full of event risk, including the Federal Reserve’s first meeting of the year.

ONGC (Oil and Natural Gas Corporation ) share price rose more than 5% during the intraday trades on Monday as it scaled 52-week highs. The stock was amongst the largest gainers in the Nifty-50 stocks.

RIL) on Monday rallied over 5% to hit a fresh 52-week high of Rs 2,826 on Monday with its market capitalisation crossing the threshold of Rs 19 lakh crore. RIL's December quarter results were largely in-line with market expectations with its O2C EBITDA dropping 14% QoQ to Rs 140.6 billion due to maintenance in multiple units combined with lower cracks & deltas. Jio’s EBITDA was up 1.4% QoQ to Rs 142.6 billion, while Retail EBITDA rose 8% QoQ to Rs 62.7 billion. RIL's profit after tax stood at Rs 19,641 crore in Q3FY24, down 1.2% QoQ and up 10.3% YoY and above market expectations of Rs 18,080 crore.

SJVN share price jumped nearly 15% to touch a 52-week high on Monday's trading session after the company won a 100 MW solar project in an e-reverse auction run by Gujarat Urja Vikas Nigam Ltd (GUVNL). SJVN share price today opened at ₹120.96 apiece on BSE.

A look at the day ahead in European and global markets from Kevin Buckland

(Exciting news! Mint is now on WhatsApp Channels. Subscribe today and stay updated with the latest financial insights! Click here!) As the market is expected to see volatility in the near term, experts recommend buying technically and fundamentally sound stocks at the current juncture. Based on the recommendations of several experts, below are 12 stocks that one can consider buying for the next three to four weeks.

FIFA-accredited stadium". The largest of the five, Asteroid 2008 OS7, was first spotted in 2008 by NASA. It will zoom past Earth on 2 February, 2024, at a distance of 1.77 million miles, which is relatively close in cosmic terms.

By Ankur Banerjee

Stock Market News: After an extended weekend, this week will see a number of noteworthy events for the domestic equities market, with the budget taking centre stage. Experts note that the finance minister's hint of a low-key, vote-on-account budget, however, points to a lack of big decisions.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for American Airlines, Exxon Mobil, Sunoco, Avis Budget, and Coinbase,

Investing.com — It’s set to be an action-packed week in markets with the Federal Reserve’s first meeting of the year, a flurry of big tech earnings and the latest U.S. jobs report. The Bank of England also holds its first policy meeting of 2024 while data out of China is expected to remain gloomy. Here’s what you need to know to start your week.

Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Fisker makes a deal; Tesla hits a sales speed bump; and Polestar shrinks.

U.S. stocks closed slightly lower on Friday as investors digested the latest batch of earnings and continued to assess the Federal Reserve’s rate plans for the months ahead.

OnePlus 12 series at the ‘Smooth Beyond Belief’ event on January 23. The two smartphones: OnePlus 12 and OnePlus 12R come with a powerful chipset, vibrant display and a 100W fast charger which is claimed to refill the battery in around 26 minutes. The OnePlus 12 is powered by the flagship Qualcomm Snapdragon 8 Gen 3 SoC while the OnePlus 12R is powered by last year's premium Snapdragon 8 Gen 2 chipset.

Market cap of 7 out of top 10 most valued firms decline by ₹1.16 lakh crore; HDFC Bank biggest laggard ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R R Kabel, Aditya Birla Sun Life AMC, Maharashtra Seamless, Nuvoco Vistas Corporation, Godfrey Phillips India, Jaiprakash Power Ventures, UTI Asset Management Company, Latent View Analytics, Garware Technical Fibres, CSB Bank, Restaurant Brands Asia, Muthoot Microfin, Mahindra Logistics, Heritage Foods, Venus Pipes & Tubes, Apollo Pipes, Jindal Drilling & Industries. L&T, Bajaj Finserv, Adani Total Gas, Dr Reddys Laboratories, Bajaj Holdings & Investment, SRF, Astral, PB Fintech, KPIT Technologies, Mahindra & Mahindra Financial Services, Coromandel International, Voltas, Star Health and Allied Insurance Company, Cochin Shipyard, Apar Industries, JBM Auto, Gillette India, Blue Star, Piramal Pharma, Shyam Metalics and Energy, Kaynes Technology India, KEC International, Arvind, VIP Industries, Jubilant Ingrevia, Triveni Engineering & Industries, Symphony, Strides Pharma Science, Jaiprakash Associates, TeamLease Services, J Kumar Infraprojects, New Delhi Television.

Investing.com — Here is your Pro report of the upcoming major earnings releases next week: Apple, Microsoft, General Motors, Amazon, and Mastercard.

Week Ahead: Interim Budget 2024, US Fed Policy, Q3 results, auto sales among key market triggers this week All the six new issues, which are scheduled to open for subscription next week, will together be raising over ₹500 crore via IPO. According to market experts, a surge in number of IPOs is foreseen over the next two months, with a temporary hiatus expected due to impending general elections. Presently, the Securities and Exchange Board of India (Sebi) is actively processing 25 draft offer documents submitted by diverse companies.

Destiny 2's competitive PvP mode, Trials of Osiris, is back with the Season of the Wish. This week's map and rewards bring new challenges and opportunities for players. Here's a breakdown of what to expect.

Investing.com — Here is your Pro Recap of the earnings reports you may have missed this week: Netflix, Tesla, IBM , and Humana.

BSE Sensex which logged its worst performance since the week ending October 27, dragged by information technology (IT) stocks. On the stock-specific front, IFCI, Mangalore Chemicals, Rail Vikas Nigam Ltd, MTNL, Borosil Renewables, HFCL, MSP Steel and Power, RailTel Corporation, JK Tyre & Industries, NBCC (India), Oswal Greentech, and others are among the smallcaps that logged a double-digit rise in their share prices last week. Domestic equity benchmarks Nifty 50 and Sensex have fallen about 1.3 per cent each over the three sessions this holiday-truncated week, logging their worst performance since the week ending October 27.

Germany’s struggle to revive its sluggish economy is about to take an experimental turn as a host of companies test out the merits of working less. A six-month program starting Feb. 1 will grant a day off every week for hundreds of employees while keeping them on full pay. The study aims to find out if labor unions are right that it could not only leave staff healthier and happier, but also more productive. “I’m absolutely convinced that investments in ‘new work’ pay off because they increase well-being and motivation, subsequently increasing efficiency,” said Sören Fricke, co-founder of event planner Solidsense, one of 45 companies taking part in the pilot. “The four-day week, if it works, won’t cost us anything either in the long run.”