13 января 2025 года
Economictimes.indiatimes.com
Dunkin' stores in Nebraska and New Mexico are experiencing a doughnut shortage. The issue is due to a manufacturing error. A manager confirmed it was a national problem. This shortage is reminiscent of a similar issue in 2021. Dunkin' has over 13,200 restaurants globally and was acquired by Inspire Brands in 2020.
A total of 5,277 shares changed hands on the counter till 10:35AM (IST).
A total of 640 shares changed hands on the counter till 10:30AM (IST).
The 30-share BSE Sensex was down 299.4 points at 77079.51
PB Fintech shares dropped 6.7% after Morgan Stanley downgraded the stock to "Underweight" with a target of Rs 1,400, citing concerns over valuation and slower-than-expected profit emergence. Despite strong business growth in FY25, Morgan Stanley predicts moderation in FY26. The downgrade reflects challenges faced by PB Fintech's credit marketplace, Paisabazaar, and its overall outlook.
Mark Zuckerberg criticizes Apple for lacking innovation, relying mainly on iPhones' success, and imposing high fees on developers. He also highlights issues with device compatibility and calls Apple's VR headset overpriced. Zuckerberg believes Apple is vulnerable to competition due to stagnant product development.
Here is a list of motivational quotes to start our day on a positive note.
Aditya Birla Capital shares rose 3.5% after Morgan Stanley upgraded the stock to 'overweight' with a target price of Rs 247, implying 42% upside. Despite a 24% decline over the past three months, Morgan Stanley projects strong recovery with 20% AUM CAGR and 18% EPS CAGR by FY27, supported by solid fundamentals and strong funding access.
On the technical charts, the RSI of the stock stood at 31.54.
The NSE Nifty index was trading 171.71 points down at 23259.8
Brokerages suggest that liquor stocks, particularly United Spirits and Radico Khaitan, may see an upside potential of up to 19% due to strong Q3 earnings forecasts, a softer base effect, beneficial regulatory changes in Andhra Pradesh, and a rise in demand for premium products.
Trent, M&M, Apollo Hospital, BPCL and Wipro were among the top losers on NSE.
Motilal Oswal Financial Services recommends buying Coal India with a target price of Rs 480, citing the company's strong growth prospects driven by increased production and favorable economics. Coal India reported a consolidated total income of Rs 32,177.92 crore for Q2 2024. Promoters hold 63.13% while FIIs and DIIs own 8.58% and 22.54%, respectively.
Gold February futures opened almost flat at Rs 78,375/10g on MCX, while silver March futures fell slightly. Over the past week, both gold and silver prices have risen significantly. With ongoing volatility in the dollar index and upcoming US inflation data, fluctuations in gold and silver prices are expected.
The India Meteorological Department reported a minimum temperature of 9.6°C and issued a yellow warning for dense fog in Delhi. The thick fog disrupted air and rail traffic, and poor air quality persisted with an AQI of 274. Travelers faced delays at Delhi's IGI Airport.
A total of 15,164 shares changed hands on the counter till time (IST).
Hyundai Motor India Ltd CEO Tarun Garg expects acceleration in the EV market in India around 2025 and 2026 with the launch of Creta EV. Expecting significant EV penetration growth by 2030, Hyundai plans to offer four EVs in various segments. Charging infrastructure and in-car payment systems are being developed to support this transition.
The 30-share BSE Sensex was down 556.53 points at 76822.38
Godrej Properties Ltd has announced the launch of 'Godrej Madison Avenue,' its first premium residential project in Hyderabad. The project, located at Kokapet, will cover 3 acres and offer around 12 lakh square feet of saleable area. The estimated booking value is Rs 1,300 crore.
Interarch Building Products shares surged 3.7% on January 13 after securing Rs 221 crore worth of projects from Tata Projects in the semiconductor and lithium-ion battery sectors. These projects, located in Assam and Gujarat, align with India’s push for enhanced domestic manufacturing. The company aims to support India's tech and sustainable energy goals, reinforcing its market position.
Elon Musk claims human-generated data for AI models is running out. This shortage could force a reliance on synthetic data, which may lower AI accuracy and reliability. However, careful management and validation of synthetic data could enhance AI models, overcoming data shortages while maintaining quality and trustworthiness.
A total of 3,306 shares changed hands on the counter till 10:00AM (IST)
Oil & Natural Gas Corporation (ONGC) is showing signs of recovery after a 20% fall from its peak. Experts suggest short-term traders to buy the stock, targeting Rs 295 in 3-4 weeks. The stock has reclaimed crucial short-term moving averages, indicating bullish momentum.
The NSE Nifty index was trading 205.8 points down at 23225.7