Latest Stock Market News

Treasury Secretary Scott Bessent s efforts to contain 10-year Treasury yields face skepticism amid expected inflationary pressures from trade policies and rising federal deficits. Experts suggest that market forces, rather than government interventions, will largely determine long-term yield movements, highlighting the challenges in achieving sustainable lower borrowing costs.

The yen reached a nine-week high as markets expected more interest rate hikes in Japan this year. The U.S. dollar stayed stable ahead of new job data. Analysts noted possible complications in U.S. employment data due to population revisions. Trump administration s tariff policies added to investor concerns. Fed officials are monitoring these developments for future rate decisions.

Sensex and Nifty declined amid caution ahead of the RBI s monetary policy announcement and foreign fund outflows. Analyst Kushal Gandhi advises against purchasing LIC and M&M due to weak trends and increased volatility, but recommends purchasing Grasim as its intermediate trend shows signs of improvement.

Around 233 companies, including M&M, LIC, and Mazagon Dock, are set to announce Q3 earnings. M&M is expected to report a solid growth led by auto and farm segments, while LIC may see a slight increase in profitability but a drop in annual premium equivalent.

Life Insurance Corp is forecasted to show mid single-digit profit growth in Q3 FY24, despite a likely decline in annual premium equivalent. Analysts predict a 5% YoY profit increase, while APE might drop by 19%. The stock currently faces downward pressure, trading below key moving averages.

Shares of Aster DM Healthcare, GPT Infraprojects, Indian Toners & Developers, and Suraj Ltd will be in focus as February 10 is the record date for determining dividend eligibility. Investors must purchase shares by today under the T+1 settlement cycle to qualify for these dividends.

Eleganz Interiors SME IPO opens for subscription today, planning to raise approximately Rs 78 crore through fresh equity sale of 60.05 lakh shares. The issue price is set between Rs 123-130 per share, with bids open until February 11. Funds will be used for debt repayment, working capital, and corporate purposes.

IIHL s acquisition of Reliance Capital faces delays as deadlock over escrow agreements stalls the final Rs 4,300-crore funding. The stalemate concerns the unwinding mechanism during litigation, with NCLT intervention sought to resolve the issue.

Amid expectations of a softer rate cycle, several banks plan to raise the share of MCLR-linked loans to protect net interest margins from falling sharply when the RBI cuts the repo rate. This strategy aims to balance the impact while retaining customers.

Private sector banks are facing high turnover rates, especially in loan and credit card sales roles, with attrition more than doubling by December. TeamLease Services recorded a 103% attrition rate among front-line employees. Key challenges include junior staff seeking quick salary raises. RBI s deputy governor has urged banks to improve employee engagement and retention strategies.