Latest Stock Market News

Gold prices reached a new peak on Friday and marked a fifth consecutive weekly gain due to concerns over U.S. tariff threats and anticipation of a crucial inflation report. Spot gold increased to $2,795.92 per ounce, rising nearly 1% for the week. Investors are keenly awaiting the December U.S. personal consumption expenditures price index report.

The yen is poised for its best monthly start of the year since 2018, due to expectations the Bank of Japan will continue raising rates. Meanwhile, the Mexican peso and Canadian dollar face uncertainty ahead of potential U.S. tariffs. The euro, Australian and New Zealand dollars are set to decline as their respective central banks consider easing measures.

Intel exceeded December-quarter expectations, but its current-quarter forecast missed predictions. The company struggles with low demand for data center chips and awaits a new CEO. Interim Co-CEO Michelle Johnston Holthaus announced a halt on a new AI chip design. Intel faces competition from Nvidia and AMD, and concerns over tariffs impacting sales.

Retail investors took advantage of the market selloff earlier this week by buying various technology stocks, including Nvidia, Tesla, Broadcom, and Apple, according to Vanda Research. This surge of investment, fueled by the recent decline in stock prices, led to an inflow of roughly $4.25 billion into U.S. markets over a few days, reaching post-election levels.

Vivek Bhutoria of Federated Hermes is closely monitoring upcoming Indian federal budget and central bank rate decision to assess the impact on Indian stocks. Despite current challenges like slowing growth, tight liquidity, and weak earnings, potential fiscal measures and monetary easing could stabilize the market.

Benchmark indices Sensex and Nifty closed higher for the third consecutive day on Thursday due to buying in heavyweight stocks like Nestle India, IndusInd Bank, and Bajaj Finance. Technical analysts recommend holding Nestle India and Bajaj Finance, while advising investors to exit IndusInd Bank.

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

​As I said earlier that this correction would actually take a bit longer to sort of come back because this is accompanied by earnings decline. So, we have to see the earnings declines through and then, we will see a achhe din for markets overall.

Investors looking to qualify for dividend payouts from 8 companies, including Mahanagar Gas Ltd and Garden Reach Shipbuilders & Engineers, need to purchase shares before the ex-date of February 3. Companies such as Godrej Consumer Products and The Great Eastern Shipping Company have announced interim dividends, making this an important date for income-seeking investors.

HM Electro Mech shares are set to debut on BSE SME with an 8% premium. The IPO, priced at Rs 75, was oversubscribed 91 times. The company focuses on turnkey projects in pumping machinery and has diversified into electrification and EPC projects.