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To strengthen corporate governance at listed firms, Sebi has proposed a revised format for annual secretarial compliance report, eligibility criteria for the appointment of auditors and inclusion of monetary thresholds for Related Party Transactions (RPTs) approvals.

Modi trump meet: Markets will watch for any comments from US President Trump on the economy and geopolitics, as Prime Minister Modi visits the USA next week for talks with Trump and US officials, potentially impacting stocks. Additionally, investors may favor political stability following Delhi elections, with a BJP victory boosting confidence in governance and economic policies, likely prompting positive FII reactions.

The Multi Commodity Exchange (MCX) revised its trading hours, effective March 10, 2025, due to changes in U.S. daylight saving time. This follows SEBI s directive under Circular No. SEBI/HO/CDMRD/DMP/CIR/P/2018/146 and MCX s earlier circular from September 2024. Trading hours are updated for Non-Agri and Select Agri commodities, with modification times specified for each category.

Gokaldas Exports, based in Bengaluru, reported a significant 65% increase in profit after tax for Q3FY25, reaching Rs 50 crore. This rise aligns with a 79% increase in total income, following the company s recent acquisitions. The EBITDA margin for Q3FY25 stood at 11.9%, reflecting improvement and stability.

SBI Funds Management has invested Rs 212 crore in Ajax Engineering, acquiring 27.02 lakh shares through SBI Magnum Children s Benefit Fund and SBI Infrastructure Fund ahead of the latter s IPO. Ajax Engineering s IPO, valued at Rs 1,269 crore, will open for subscription from February 10 to 12 with a price band of Rs 599 to Rs 629 per share.

Advanced Sys-Tek Ltd has sought Sebi s approval for an IPO to raise Rs 115 crore and an OFS of 15.27 lakh shares by promoters Mukesh R Kapadia and Umed Amarchand Fifadra. The funds will support capital expenditure, long-term working capital, and general corporate purposes. Specializing in industrial automation, the company has completed over 200 installations globally.

Shanti Educational Initiatives Ltd (SEIL) has experienced a significant increase in net profit and total income for the October-December quarter of FY25. The company s total income rose to Rs 20.94 crore, while net profit jumped to Rs 1.95 crore, demonstrating strong financial growth across its entities.

Indian benchmark indices closed lower on Friday, but metal stocks outperformed as the Nifty Metal index jumped 2.7%, driven by rising global metal prices and a weaker dollar.

The Nifty remained range-bound, closing flat with a minor 0.22% gain. Resistance at 23,750-24,000 remains critical, while 23,500 acts as key support. Declining volatility and technical indicators signal indecision, warranting a cautious, selective investment approach in the coming week.

Foreign institutional investors (FIIs) sold Rs 9,090 crore in Indian equities this month, continuing their selling trend. Despite Rs 1,478 crore in primary market investments, total outflows in 2025 reached Rs 90,993 crore, driven by a strong dollar and high US bond yields.