Stock Market News

5paisa Research Team || Gold prices in India experienced a slight uptick today, as compared to their prices on Saturday and Sunday. Although there is a slight upward movement, gold price today is similar to its price on Friday, 27 December. On Monday, December 30, the price of 24K gold in India was ₹7,800/ gm while 22K gold was ₹7,150/ gm as of 11:28 AM. In this article, we look at the gold prices today in cities such as Mumbai, Chennai, Bangalore, Hyderabad, Lucknow, and Delhi as well as the primary drivers of these movements. Invest in

5paisa Research Team || Continuing yesterday’s trend, gold prices in India experienced a slight uptick today. On December 27, 2024 (at 12:17 pm), the price of 24K gold in India was ₹7,800/ gm while 22K gold was ₹7,150/ gm. In this article, we look at the gold prices today in cities such as Mumbai, Chennai, Bangalore, Hyderabad, Lucknow, and Delhi as well as the primary drivers of these movements. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wr

5paisa Research Team || Gold prices in India experienced a slight uptick today, reflecting changing domestic and global market dynamics. On December 26, 2024, the gold rate displayed minor variations across major cities. In this article, we look at the latest gold prices in cities such as Mumbai, Chennai, Bangalore, Hyderabad, Lucknow, and Delhi while discussing the key drivers of these trends. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap

5paisa Research Team || Oil prices remain close to a two-week high, supported by rising tensions between Western countries and key oil producers, Russia and Iran. Although prices dipped slightly on Monday after big gains last week, the market is still nervous about possible supply disruptions. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; align-items: center; justify-content: space-between; background

5paisa Research Team || Honda and Nissan announced on Monday that they have initiated discussions regarding a potential merger. This move represents a significant shift in Japan's automotive sector, reflecting the growing competitive pressure from Chinese electric vehicle (EV) manufacturers. If successful, the merger would form the world's third-largest automotive group by vehicle sales, following Toyota (7203.T) and Volkswagen. The integration aims to enhance resource sharing and bolster their ability to compete with industry leaders like Tesl

5paisa Research Team || President-elect Donald Trump has issued a warning to the European Union, threatening tariffs if its member nations fail to increase their purchases of American oil and gas. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; align-items: center; justify-content: space-between; background: #fff; box-shadow: 0 0 2px rgb(51 55 57 / 42%); border-radius: 4px; padding

5paisa Research Team || Suraksha Clinic and Diagnostic Limited, a prominent player in India's diagnostic services sector, is set to launch its Initial Public Offering (IPO), aiming to raise ₹846.25 crores through an offer for sale of 1.92 crore shares. With its well-established network of diagnostic centres and advanced technological infrastructure, the company plans to solidify its position in the fragmented diagnostics market, particularly in eastern and northeastern India. The company will not directly receive Suraksha Clinic and Diagnostic

5paisa Research Team || Oil prices remained relatively stable in early trading on Tuesday after falling sharply in recent sessions, driven by concerns over China’s stimulus plan and oversupply in the market. As traders await further direction from OPEC's monthly report, both Brent and U.S. West Texas Intermediate (WTI) crude futures showed only slight movements, reflecting uncertainty in the oil market. Brent crude futures were down by just one cent, trading at $71.82 per barrel, while WTI crude saw a modest rise of three cents, reaching $68

5paisa Research Team || Credila Financial Services, formerly known as HDFC Credila Financial Services, has submitted pre-filed draft documents to the Securities and Exchange Board of India (SEBI) in preparation for an initial public offering (IPO). Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; align-items: center; justify-content: space-between; background: #fff; box-shadow: 0 0 2px rgb(51 55 57 /

5paisa Research Team || Carraro India Limited, a specialised manufacturer of agricultural and construction equipment components operating since 1997, marked a subdued entry into the public markets on Monday, 30th December 2024. The company, which has established itself with two state-of-the-art manufacturing facilities in Pune spanning 162,000 square meters and partnerships with 278 suppliers globally, commenced trading on both BSE and NSE amid measured investor response. i Don’t Miss Out on the Next Big IPO – Invest With Just a Few Clicks

5paisa Research Team || Fabtech Technologies Cleanrooms Limited is set to launch its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹27.74 crore. The IPO consists entirely of a fresh issue of 32.64 lakh shares with a price band of ₹80-85 per share. Fabtech Technologies IPO opens for subscription on January 3, 2025, and closes on January 7, 2025. Allotments will be finalized by January 8, 2025, and listing is planned for January 10, 2025, on the BSE SME platform. i Don’t Miss Out on the Next Big IPO – Inves

5paisa Research Team || Davin Sons Retail Limited is set to launch its Initial Public Offering (IPO), presenting a fixed-price issue of ₹8.78 crore. The IPO consists entirely of a fresh issue of 15.96 lakh shares at ₹55 per share, with no offer for sale component. Davin Sons IPO opens for subscription on January 2, 2025, and closes on January 6, 2025. Allotments will be finalised by January 7, 2025, and listing is planned for January 9, 2025, on the BSE SME platform. i Don’t Miss Out on the Next Big IPO – Invest With Just a Few Clicks

5paisa Research Team || Shares of Reliance Power Ltd garnered attention on Monday morning after the company disclosed to stock exchanges, BSE and NSE, that its subsidiary, Rosa Power Supply Company, had formalized definitive agreements on December 27. These agreements facilitate access to a rupee term loan of ₹3,760 crore from Power Finance Corporation Ltd (PFC), to be availed in multiple tranches, contingent on meeting standard pre-conditions. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-w

5paisa Research Team || The share price of Ola Electric Mobility declined by over 3%, reaching ₹87.35 during early trading on Monday, December 30, following the resignation of two senior executives: Chief Marketing Officer (CMO) Anshul Khandelwal and Chief Technology and Product Officer (CTO) Suvonil Chatterjee. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; align-items: center; justify-content: space-between;

5paisa Research Team || Vodafone Idea (Vi) shares surged by 7% after the Department of Telecommunications (DoT) waived the requirement for bank guarantees worth Rs 33,000 crore for past spectrum auctions. This move primarily benefits Vodafone Idea, which urgently needs funding to enhance its 4G services and roll out 5G to compete with industry leaders like Jio and Airtel. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; alig

5paisa Research Team || Jitendra Bagga has resigned from his position as Vice-President of Central Operations at Zepto after a nine-month tenure, according to sources cited by Moneycontrol. Bagga was responsible for overseeing mother hubs (MH) and line haul (LH) operations within the company’s warehousing division. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; align-items: center; justify-content: space-betwee

5paisa Research Team || The Bajaj Finserv Gilt Fund-– Direct (G) is an open-ended debt scheme from Bajaj Finserv Mutual Fund, designed to generate credit risk-free returns by investing in sovereign securities issued by the Central or State Governments, as well as securities guaranteed by the Government of India. The scheme may also include investments in reverse repos, triparty repos, treasury bills, or similar instruments as per RBI regulations. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .

5paisa Research Team || ICICI Prudential Rural Opportunities Fund - Direct (G) is an open-ended equity mutual fund scheme that seeks to provide long-term capital appreciation by investing in equity and equity-related instruments of companies that are expected to benefit from the growth and development of rural India. This thematic fund focuses on rural-centric sectors such as agriculture, consumer goods, infrastructure, and allied industries. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-war

5paisa Research Team || Mirae Asset Small Cap Fund - Direct (G) is an open-ended equity mutual fund that focuses on investing in small-cap companies with high growth potential. Managed by Mirae Asset Investment Managers, the fund seeks to generate long-term capital appreciation by identifying and investing in emerging businesses with robust fundamentals and scalable business models. It aims to provide investors an opportunity to benefit from the growth trajectory of smaller companies, which often have the potential to outperform their larger co

5paisa Research Team || Bandhan Nifty Alpha Low Volatility 30 Index Fund – Direct (G) is an open-ended equity index fund that aims to replicate the performance of the Nifty Alpha Low Volatility 30 Index. This unique index is designed to provide a balance between high alpha (excess return over the benchmark) and low volatility, focusing on stocks with superior risk-adjusted returns. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap;

5paisa Research Team || Food delivery platform Swiggy Ltd. disclosed a net loss of ₹625.5 crore for the September quarter, marking its first quarterly report since going public last month. Swiggy recorded revenue of ₹3,601 crore in the September quarter, an increase from ₹2,763 crore in the same period last year and ₹3,222 crore in the June quarter. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; align-items: center;

5paisa Research Team || Siemens reported its financial results for the July-September quarter on Tuesday, November 26, showing a 45.4% increase in net profit, which reached ₹830.7 crore, up from ₹571.3 crore in the same period last year. The company’s revenue from operations for the quarter grew by 11.2%, totaling ₹6,461 crore, compared to ₹5,807.7 crore in the previous year’s quarter. Siemens Q2 Results Highlights • Revenue: Rose by 11% to ₹6,461 crore, compared to ₹5,807.7 crore in the year-ago period. • Net Profit: ₹830.7 cro

5paisa Research Team || Godavari Biorefineries' shares dropped 4.42% to ₹293.80 after the company reported a consolidated net loss of ₹74.99 crore in Q2 FY25, compared to a net loss of ₹65.14 crore in Q2 FY24. The company's revenue from operations fell by 33.73% year-on-year to ₹320.05 crore for the quarter ended 30 September 2024. Additionally, it recorded a pre-tax loss of ₹64.11 crore in Q2 FY25, marginally improving from a pre-tax loss of ₹65.14 crore in the same quarter of the previous year. Godavari Biorefineries Q2 Results Highlights

5paisa Research Team || Waaree Energies has announced its financial results for the quarter ended on September 30, 2024. The company reported a 14.7% rise in net profit to ₹361.6 crore, compared to ₹315 crore in the same period last year. Revenue increased slightly by 1% to ₹3,574.3 crore from ₹3,537.2 crore in Q2 FY24. The company's primary business segment, Solar Photovoltaic Modules, recorded a nearly 10% decline in revenue, amounting to ₹3,053.24 crore in the July-September quarter, down from ₹3,392.40 crore in the same period last year.

5paisa Research Team || The Indian rupee experienced a record low on Monday, driven by concerns over a slowing economy after GDP growth reached its lowest level in seven quarters. Broad declines in other regional currencies further intensified the pressure on the domestic currency. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; align-items: center; justify-content: space-between; background: #fff;

Tanushree Jaiswal || The recent decline of the rupee against the US dollar, enhancing India's export competitiveness, might be a deliberate result of strategic central bank measures to address the perceived overvaluation of the rupee. This perception arose after the real effective exchange rate (REER) surged to nearly a four-year peak in June. After appreciating against the dollar in June, the rupee has continued to depreciate through July and early August. Money market analysts attribute this trend to potential actions by the Reserve Bank o

Tanushree Jaiswal || The Indian rupee is expected to reach a record low at the opening on Wednesday, ahead of significant U.S. inflation data and new interest rate projections from Federal Reserve officials. Non-deliverable forwards suggest the rupee will start trading at 83.58-83.60 to the U.S. dollar, down from 83.5650 in the previous session and surpassing the all-time low of 83.5750 set in April. On Tuesday, the rupee fell below the long-standing support level of 83.50-83.55. The rupee has faced challenging days recently. Weighed down by

Tanushree Jaiswal || The Foreign Exchange Derivatives market in India is undergoing a substantial disruption on April 5, due to the implementation of newly announced regulations by the Reserve Bank of India (RBI). It is anticipated that the implementation of these regulations, which mandate an underlying foreign-exchange exposure for currency derivatives trading on stock exchanges, will significantly affect the market, specifically affecting retail traders and speculators, who make up a substantial proportion of the participants. To comply w

5paisa Research Team || The Engineering Export Promotion Council (EEPC) of India has proposed the introduction of a faceless GST audit system to further enhance the ease of doing business in the country. This forward-thinking recommendation, included in EEPC India’s Budget 2025 proposals, is expected to streamline compliance procedures and reduce operational costs, especially for Micro, Small, and Medium Enterprises (MSMEs). Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { di

Tanushree Jaiswal || The attractiveness of buybacks from information technology (IT) companies is expected to diminish following the Budget 2023-24 announcement, which states that income from share buybacks will now be taxed as dividends for the recipient investor. Analysts anticipate this change will make buybacks less appealing due to increased compliance burdens and potentially higher taxes. Under the current system, companies are charged an additional income tax for buybacks. However, starting October 1, 2024, the income from share buyba

Tanushree Jaiswal || The Union Budget for 2024-25, unveiled today, marks the inaugural budget of the new coalition government, meeting high expectations from both industry stakeholders and the general public. The budget's central theme aligns with the ambitions of a youthful nation—focusing on employment, skills development, MSMEs, and the middle class. As the world's fastest-growing large economy, the budget needed to not only reinforce fiscal stability but also set the stage for sustained economic growth, a delicate balance the finance mi

Tanushree Jaiswal || The Union Budget for the fiscal year 2025 places a strong emphasis on the financial sector's vital role in fostering economic growth. This is achieved through several strategic announcements designed to enhance credit flow to key sectors and optimize outcomes in three critical areas: credit expansion, financial inclusion, and stressed assets resolution. The DFM Troika: Digital, Financial Inclusion, and MSME Support Measures Digital Initiatives First, the budget underscores technology initiatives in agriculture, par