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PNB Housing Finance reported a 43% increase in net profit for the December quarter, reaching Rs 483 crore. The NBFC saw a rise in total income and interest income, along with improvement in gross NPAs. However, the capital adequacy ratio slightly declined.

Marc Faber advises against investing in popular American stocks like Tesla and Nvidia, citing their high prices and uncertain futures. He predicts a weak US dollar, benefiting European and emerging markets. Faber also points to overlooked opportunities in Hong Kong and Latin America and emphasizes the importance of gold as a hedge against paper money devaluation.

IndiaMart Intermesh share price: On a sequential basis, revenue increased by 1.6%, rising from Rs 332 crore in the July-September quarter. However, profit after tax (PAT) declined by 1.6%, compared to Rs 127 crore reported in Q2FY25.

Dalmia Bharat share price: The country’s fourth-largest cement producer by capacity reported a consolidated profit of Rs 66 crore for the October-December period, a decline from Rs 266 crore in the same period last year. However, the bottom line showed improvement compared to Rs 49 crore in the September quarter, aided by a recovery in prices.

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China and Hong Kong stocks fell on Wednesday after U.S. President Trump hinted at new tariffs on Chinese imports. The blue-chip CSEI 300 Index dropped 1.1%, and the Shanghai Composite Index decreased by 0.9%. The Hang Seng Index lost 1.5%. Analysts predict continued pressure on sentiments due to potential further measures from Trump.

Jio Financial Services share price: Both JFSL and BlackRock have subscribed to 5.85 crore equity shares, each priced at Rs 10, in Jio BlackRock Asset Management Private Limited, a 50:50 joint venture between the two companies. This investment amounts to Rs 117 crore, according to a regulatory filing.

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The success of our fund can be attributed to the three-bucket strategy we follow, wherein we allocate 20% to unlisted securities, 40% to anchor investments, and 40% to listed securities.

These 4 stocks closed above VWAP on January 21

Updated at : 2025-01-22 11:20:03

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A shift above the VWAP suggests a potential bullish trend, according to StockEdge.com’s technical scan data.

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