Oil prices saw a slight dip today after a four-day rally. Venezuela has restarted oil exports, easing some concerns. However, ongoing protests in Iran are creating worries about potential supply disruptions from the OPEC nation. Analysts suggest these protests could tighten global oil balances. Meanwhile, US crude inventories unexpectedly rose, adding to the mixed market...Read More
Bharat Coking Coal’s Rs 1,071 crore IPO, oversubscribed 147 times, is set for allotment today. Investors can check status via Kfin Technologies or BSE. Refunds are expected January 16, with listing on BSE and NSE also slated for the same day. A strong grey market premium of Rs 10.6 suggests robust listing expectations.Read More
Yajur Fibres is set to list on the BSE SME platform with grey market indicators suggesting a muted debut, as the Rs 120 crore IPO saw modest investor response. The company, specializing in processing bast fibres into cotton-like materials for sustainable textiles, plans to utilize IPO proceeds for expansion and working capital.Read More
Armour Security India’s initial public offering opens on Wednesday. The Rs 26.51 crore issue is entirely new shares. It closes on January 19, with market debut on January 22. Early signals show a modest positive sentiment. The company provides private security and facility management services. Funds will support growth and working capital needs.Read More
Amagi Media Labs IPO saw a mild uptick in grey market premium to nearly 6% on its second day, following a lukewarm response on Day 1 with only 6% subscription. The company operates in the connected TV and programmatic advertising space, with funds aimed at expansion and technology enhancement.Read More
ICICI Lombard General Insurance saw a profit drop in the December quarter. Higher claims and weaker underwriting performance affected results. Despite this, premium income grew, outpacing industry growth. Analysts offer mixed views on the stock. Goldman Sachs maintains a Neutral rating with a reduced target price. Morgan Stanley retains an Equal-weight rating, expecting GST rate...Read More
Asian shares saw a modest rise, with Japan’s Nikkei extending its record run on a weaker yen amid reports of a snap election. US equities dipped as JPMorgan’s earnings missed guidance, and inflation data reinforced expectations of a Federal Reserve rate pause. Traders await a potential Supreme Court ruling on President Trump’s tariffs.Read More
Indian markets closed slightly lower on the weekly expiry day amidst mixed signals. Analysts advise a cautious approach, suggesting selling on rises until the Nifty reclaims the 26,000 level. A breach of the 100-day EMA near 25,600 could lead to further declines. Several companies like Infosys and HDFC AMC will announce their third-quarter results today.Read More
Benchmark indices experienced volatility on expiry day, with Nifty and Sensex closing lower. Analysts suggest a levels-based trading strategy for day traders due to the non-directional market texture. Buying interest was observed near lower levels, indicating continued bullish participation despite the day’s decline.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.