Cupid shares staged a strong recovery, bouncing back significantly after a recent steep correction. This rebound is attributed to short covering and renewed investor confidence in the company’s long-term fundamentals. Cupid had previously clarified to stock exchanges that it was unaware of any undisclosed material events causing the unusual share price movement.Read More

Hindustan Copper shares have reached a new 52-week high. Global copper prices are climbing, driven by anticipated US import tariffs. This situation is pushing US copper prices higher than those on the London Metal Exchange. Experts predict copper prices will remain strong, supported by demand from sectors like AI and electric vehicles.Read More

Select Nifty stocks like Kotak Bank, ICICI Bank, BEL, Trent and Grasim saw meaningful EPS upgrades in December, signalling early stability in earnings expectations despite broader market caution.Read More

Trent shares fell sharply on Tuesday, erasing Rs 13,000 crore in market value, as investors reacted to a sharp slowdown in growth metrics. Despite 17% revenue growth, weakening same-store sales and a sustained drop in revenue per square foot signalled deteriorating productivity, overshadowing the retailer’s aggressive expansion across Zudio and Westside.Read More

Five initial public offerings are set to launch this week, with early grey market premiums indicating strong investor interest. Bharat Coking Coal’s IPO is particularly noteworthy, with potential listing gains of over 70% suggested by its grey market premium. Gabion Technologies also shows promising early signals with a 37% GMP.Read More

Reliance Industries shares fell 3.7% on Tuesday, reaching an intraday low of Rs 1,518.30, amid a significant spike in trade volumes. The company stated it expects no Russian crude oil deliveries in January, denying a report about vessels heading to its refinery. This comes as US President Trump threatened tariffs on India if it doesn’t...Read More

US action in Venezuela may not trigger sharp oil price moves anytime soon, says Invesco’s Arnab Das. Rebuilding Venezuela’s oil sector will take years, while dollar dominance remains intact. Gold continues to benefit from geopolitical uncertainty, and US tariff comments on India are seen more as pressure tactics than immediate trade threats.Read More

Indian equity markets are consolidating near record highs, supported by domestic flows but hindered by a lack of foreign investment. Persistent selling and uncertainty over a trade deal are keeping indices range-bound, with muted expectations for IT earnings and a need for more data on retail slowdown.Read More

China’s stock markets reached over a decade high on Tuesday, driven by strong performance in non-ferrous metals and financials. Investor sentiment remains positive ahead of the Lunar New Year, with the Shanghai Composite Index hitting its highest point since July 2015. Tech stocks also extended gains, reflecting optimism for continued growth.Read More

The rupee edged up 18 paise to 90.12 against the US dollar, supported by a weaker greenback and lower crude oil prices. However, US President Trump’s tariff threats on India, FII outflows, and weak domestic equity markets capped sharper gains, with the rupee facing potential further depreciation.Read More