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On Monday, major altcoins experienced declines, with XRP dropping 3%, BNB decreasing by 2.1%, Solana falling 2.2%, Dogecoin down by 3.75%, Cardano slipping 7%, Tron losing 5.2%, Avalanche declining by 5%, and Sui dropping 7.5%. As a result, the global crypto market cap fell by 0.9%, reaching $3.26 trillion.

The Barflex Polyfilms IPO is priced between Rs 50 and Rs 57 per share, with a minimum bid of 2,000 shares per lot. The offering allocates 50% of the shares to Qualified Institutional Buyers (QIBs), 35% to retail investors, and 15% to non-institutional investors.

Indian equity indices fell as HDFC Bank, ICICI Bank led losses. Five large-cap stocks, including Indian Oil, Tata Steel, Hero MotoCorp, LIC, and Coal India, hit 52-week lows amid global and domestic concerns.

So, if we look at the last four to five years, we have seen lots of challenges. We have seen COVID, we have seen all the supply chain issues, semiconductor issues for the auto industry. We have seen growth issues as well.

A total of 66,857 shares changed hands on the counter till 01:51PM (IST)

Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank, forecasts the rupee shifting towards 87 against the dollar. She projects GDP growth at 6.1% for FY25 with potential risks leading to a rate cut cycle starting in February 2025. Inflation could be around 5.3% due to rising food prices and a weaker rupee.

A total of 112,460 shares changed hands on the counter till 12:07PM (IST).

​Remember that anyway, the entire scope of indirect tax changes has moved out of the budget and into the GST Council. So, nobody tinkers with the excise duties because that has moved to GST, so that takes away a lot of the impact that sectors used to experience.

Stock markets often exhibit seasonal patterns, and one such analysis reveals that the Sensex has never posted positive returns during any of the Kumbh Mela festivals held in the last two decades.

Five stocks witnessed long unwinding on January 13, including CESC, Indian Hotels, Godrej Properties, L&T Finance, and HFCL, with declines in both open interest and stock prices.