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Gold remains near its record high as investors look to the Trump administration for clarity on tax and trade policies. Spot gold stabilized at $2,755.68 per ounce after peaking at $2,763.43. U.S. President Trump hinted at potential tariffs on Chinese and European imports. The Federal Reserve’s upcoming meeting may influence gold prices, with interest rates expected to remain unchanged.

Benchmark Sensex rebounded nearly 567 points, and Nifty regained the 23,150 level on Wednesday due to value buying in IT and banking shares amidst firm global trends. Key stocks in focus included Bharat Dynamics, Cyient DLM, and Newgen Software, which saw notable declines. Expert recommendations provided caution and target levels post-market resumption.

Netflix shares surged 13% to a record high, driven by a massive subscriber boost of 18.9 million in the holiday quarter, partly due to successful sports events. The company announced price hikes to enhance revenue, unveiled strong content like "Squid Game" season two, and secured major sports rights, aiming for further growth.

Stallion India Fluorochemicals shares will debut on Thursday with a grey market premium (GMP) of Rs 39. The IPO saw a remarkable subscription of 188 times. Funds from the IPO will be used for working capital and other corporate purposes. Analysts suggest it as a viable medium to long-term investment, considering its financial performance.

You look at all these companies, Kaynes, Dixon, these all trade at very high multiples and therefore they need to continue to deliver very high growth rates of revenue which they are failing and therefore, one has to wait. We will wait by the sidelines until some amount of acceleration of top line comes back.

India is facing a cyclical economic slowdown with growth predicted at 6.5% this year, down from 8% in FY24. Pankaj Murarka, CIO of Renaissance Investment, sees modest recovery ahead and the slowest earnings growth for Nifty Index companies in five years at about 8-9%. He is shifting investments from engineering and capital goods to private sector financials and IT.

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CLN Energy has launched its IPO, aiming to raise approximately Rs 72 crore by offering 28.92 lakh shares at a price band of Rs 235-250. Proceeds will fund machinery, working capital, and corporate purposes. The company, a leading manufacturer of lithium-ion batteries and EV components, expects to complete allotment by January 28, with listing set for January 30.

A former chef, Russian translator and intelligence man, Tangen told Arijit Barman in an interview in Davos that the world is in the grip of unprecedented volatility.

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