Latest Stock Market News

Paytm has partnered with SBI Mutual Fund to launch the JanNivesh ₹250 SIP initiative. This scheme aims to promote financial inclusion by enabling small, regular investments. It supports the Government of India s vision for economic growth and anticipates growing the mutual funds market significantly.

Zomato s CEO Deepinder Goyal has introduced Nugget, an AI-supported customer support platform for its food delivery, Blinkit, and Hyperpure segments. Developed over three years, Nugget manages over 15 million interactions monthly and is open to global businesses. Zomato plans to rebrand as Eternal Ltd, consolidating its four main businesses under this new name.

Pashupati Advani addresses challenges for smaller NBFCs and predicts prospects for infrastructure, cement, and metals to lead economic recovery. He highlights government spending to boost consumption, the robust luxury market, and hesitancy on banks and IT. Key investment opportunities lie where the government is focusing, particularly in infrastructure and other essential sectors.

Abb India share price: The board of directors has proposed a final dividend of Rs 33.50 per share (1,675%) on 21,19,08,375 fully paid-up equity shares of Rs 2 each for the financial year ending December 31, 2024, pending approval from shareholders at the upcoming annual general meeting.

Ajax Engineering shares are in focus after Morgan Stanley sold over 7.58 lakh shares worth Rs 45 crore. The stock listed at a discount, but later recovered. Despite a weaker debut, analysts remain optimistic about the company s long-term growth, given its market position and the increasing demand for automated concrete solutions in India s boom.

Bharti Airtel share price: The telecom giant also announced that it has secured the new SEA-ME-WE 6 (Southeast Asia-Middle East-West Europe-6, or SMW6) submarine cable in Chennai.

ICICI Securities has reiterated a buy recommendation for Cello World with a revised target price of Rs 800. Cello World reported a revenue increase of 13.08% in the last quarter and a net profit of Rs 92.50 crore. Main products include Domestic Appliances and Export Incentives. Key risks involve higher input prices and rising competition.

We do believe that with the reduction in taxes to boost consumption as well as interest rate cut by the RBI will certainly give boost to private investments.

GMR Airports reported an 11% YoY increase in passenger traffic for January 2025 to 1.06 crore, though it declined 2% MoM. Aircraft movements rose 9% YoY to 63,767 but fell 1% MoM.

Gold prices saw a slight increase amid ongoing uncertainties surrounding U.S. President Donald Trump s tariffs, enhancing bullion s appeal as a safe-haven asset. Fed officials are expected to provide further insights on monetary policy, while Goldman Sachs has raised its gold price forecast due to higher structural central bank demand.