10 quotes to kickstart your week with energy
Gujarat Toolroom shares surged 5% to Rs 18.08 after announcing a 5:1 bonus share issue in its upcoming board meeting. This would be the company's first-ever bonus issue, subject to shareholder approval.
A total of 1,001 shares changed hands on the counter till 10:25AM (IST)
A total of 6,883 shares changed hands on the counter till 10:20AM (IST).
Mutual fund investors are advised to review their portfolios at the end of the year. They should compare the performance of funds against benchmarks and peers over the medium and long term. Evaluating factors like credit quality and interest rate risks is important for debt funds. NFOs might not always be beneficial. Investors should consider proper asset allocation and diversification.
The 30-share BSE Sensex was up 385.21 points at 78892.62
Here’s a quick breakdown of how each zodiac sign deals with a breakup.
A total of 3,807 shares changed hands on the counter till 10:15AM (IST).
Prime Minister Modi commended Maharashtra's efforts for balanced development in remote and Maoist-hit regions, following CM Fadnavis' visit to Gadchiroli. Numerous Naxal insurgents surrendered, and development initiatives were launched, marking a step towards ending Naxalite dominance and improving living conditions.
The NSE Nifty index was trading 119.95 points up at 23862.85
The rupee fell 11 paise to 85.75 against the US dollar, affected by the rising dollar index and US bond yields. Persistent foreign fund outflows and low volumes due to the holiday season further impacted the rupee. The domestic stock market showed gains, while the dollar index remained steady. GST revenue saw a 7.3% increase in December.
Kotak Mahindra Bank shares rose 2.6% after Citi and Jefferies upgraded the stock to “buy,” with target prices of Rs 2,070 and Rs 2,120, citing strong loan growth, improving delinquency, and potential upside catalysts.
Axis Securities recommends buying HDFC Bank shares with a target of Rs 2200. Current market price is Rs 1783.3. The bank offers various revenue segments including interest and investments. HDFC Bank reported a net profit after tax of Rs 17825.91 crore in the latest quarter. Promoters and FIIs hold significant stakes in the company.
The stock quoted a 52-week high price of Rs 8984.30 and low of Rs 4868.50.
Lords Chloro, Transrail Lighting L, Premier Poly, Visa Steel Ltd and ARSS Infra, hit their fresh 52-week highs at 10:04AM.
Eleven Supreme Court lawyers will defend former ISKCON priest Chinmoy Krishna Das in a bail hearing on January 2. He faces sedition charges for allegedly disrespecting Bangladesh's national flag. Protests erupted after his arrest, resulting in violence and the death of a lawyer. The Ministry of External Affairs expressed concern over the escalating situation.
These environmental challenges are more significant threats to U.S. commerce than Chinese influence. Sustained access to the canal will depend on addressing climate change impacts.
A pickup truck deliberately drove into crowds on New Orleans' Bourbon Street on New Year's Day, killing 15 and injuring 30 in a terror attack. This incident continues the alarming trend of vehicle-ramming tactics seen globally. Authorities continue to investigate how to better secure public areas to prevent such attacks.
A total of 27,262 shares changed hands on the counter till time (IST).
Campus Activewear stock peaked at Rs 371 on September 25, 2024, but dropped over 13% to Rs 322 by December 31. It found support above the 200-DMA in October and December, forming an Inverse Head & Shoulders pattern. A breakout from this bullish pattern signals a potential reversal to an uptrend.
In 2024, External Affairs Minister S. Jaishankar emphasized India’s foreign policy as a global friend, with a commitment to deeper partnerships and global unity. He highlighted key meetings, including with the US Secretary of State and Qatar's Prime Minister, and marked the Quad’s 20th anniversary, underscoring its significance in the Indo-Pacific region.
NTPC Ltd generated 326 billion units of power from April to December, a 3.8% increase compared to the previous year. Its coal stations achieved a plant load factor of 76.2%. NTPC added 2,724 MW of capacity, bringing its total to 76,598 MW. The mining division produced 30.88 million tonnes of coal, up 23% from last year.
Delhi HC ruled that a man cannot avoid alimony for his child even if his wife can provide support. A father will pay maintenance until the child graduates or starts earning. Additionally, the suicide of businessman Puneet Khurana amid claims of marital discord is under investigation. Both families are participating in the probe.
