Category: Business & Economy

  • Stock Market Highlights: Today’s Biggest Gainers and Losers

    Stock Market Highlights: Today’s Biggest Gainers and Losers

    NEW DELHI: Today in the stock market, some companies hit their 52-week lows, including InfoBeans Tech, Punjab Chemical, Shanti Overseas, Signet Industries, and Compucom Software. Meanwhile, the NSE Nifty index grew by 128.1 points, closing at 22,957.25, and the BSE Sensex increased by 535.24 points, finishing at 75,901.41.

    On a brighter note, stocks like Reliance Naval & Engineering, Navkar Builders, Blue Coast Hotel, Tera Software, and United Polyfab Gujarat reached new 52-week highs today.

    In the Nifty 50 index, some of the biggest winners were Bajaj Finance, Axis Bank, Shriram Finance, Bajaj Finserv, and HDFC Bank. However, not all stocks were successful; Sun Pharma, Britannia, Hindalco, Grasim Industries, and BEL were among the day’s biggest losers.

  • Sensex and Nifty Rise After RBI’s Liquidity Boost: Market Update

    Sensex and Nifty Rise After RBI’s Liquidity Boost: Market Update

    On Tuesday, the stock market opened positively with both the Sensex and Nifty up after hitting their lowest points in seven months the day before. The 30-share BSE Sensex increased by 382.53 points, or 0.51%, reaching 75,748.70. Meanwhile, the NSE Nifty rose by 55.90 points, or 0.24%, to hit 22,885.05.

    Some stocks that did well in this early trading include Infosys, Axis Bank, ICICI Bank, HDFC Bank, Bajaj Finance, and Tata Consultancy Services. On the flip side, some companies like Sun Pharmaceuticals, Reliance Industries, and UltraTech Cement saw their stock prices fall.

    On Monday, the market dropped significantly, with the Sensex falling by 824.29 points, closing at 75,366.17, and the Nifty losing 263.05 points to finish at 22,829.15.

    Experts are feeling optimistic after the Reserve Bank of India (RBI) announced that it would inject liquidity into the banking system. This means the RBI plans to provide an extra ₹1.5 trillion, which can help boost the market.

    “This suggests that the market is ready for a rebound,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. He also mentioned that banks may benefit from these changes, with expectations of a potential interest rate cut in the future.

    To support this liquidity boost, the RBI will buy government securities worth ₹60,000 crore through three auctions. Each auction, set for January 30, February 13, and February 20, will provide ₹20,000 crore. Additionally, a $5 billion USD/INR swap auction will also take place.

  • FMCG Shares Drop as Market Takes a Hit: Key Gainers and Losers

    FMCG Shares Drop as Market Takes a Hit: Key Gainers and Losers

    In New Delhi, shares of fast-moving consumer goods (FMCG) fell on Monday. Some companies did well, including:

    – Nakoda Group Of Industries Ltd. (up 5.09%)
    – Euro India Fresh Foods Ltd. (up 4.42%)
    – Adani Wilmar Ltd. (up 3.72%)
    – Hatsun Agro Products Ltd. (up 1.55%)
    – Britannia Industries Ltd. (up 1.47%)
    – Others like Hindustan Unilever Ltd. and Dabur India Ltd. also saw small gains.

    But many companies suffered losses, like:

    – Dangee Dums Ltd. (down 10.03%)
    – LT Foods Ltd. (down 7.28%)
    – Gopal Snacks Ltd. (down 6.14%)
    – Several other brands faced similar drops.

    The NSE Nifty50 index fell by 263.05 points, closing at 22829.15. The BSE Sensex also dropped by 824.29 points, ending at 75366.17.

    In the Nifty pack, some of the top gainers were:

    – ICICI Bank Ltd. (up 1.56%)
    – Britannia Industries Ltd. (up 1.47%)
    – Mahindra & Mahindra Ltd. (up 1.08%)

    Sadly, tech stocks took a hit:

    – HCL Technologies Ltd. (down 4.52%)
    – Wipro Ltd. (down 3.80%)
    – Tata Motors Ltd. (down 2.87%)

    It was a tough day for many shares, but a few managed to stay positive!

  • DeepSeek Shakes Up AI: The Game-Changer No One Saw Coming

    DeepSeek Shakes Up AI: The Game-Changer No One Saw Coming

    Recently, exciting advancements in artificial intelligence (AI) have been making headlines. Companies like Perplexity have released new assistants for Android phones, and OpenAI has introduced a capable AI agent that can browse the web to help users. Meanwhile, Google has developed Gemini, which now connects with smart home devices. Meta, known for its social media platforms, is also investing in a huge data center for AI.

    However, the real game-changer appears to be a smaller, lesser-known company from China called DeepSeek. They have influenced important aspects of AI, like training costs, access to technology, and overall capability, raising concerns among big players like Google, OpenAI, and Meta.

    DeepSeek’s latest model, called V3, was trained for just $5.5 million—far less than the hundreds of millions that larger companies have spent on similar projects. Their CEO, Liang Wenfeng, has built a solid team from top tech firms in China, and the company aims to make AI more affordable and accessible.

    Interestingly, DeepSeek’s AI assistant has shown some unusual censorship behavior. When asked about human rights in China, the AI initially provided detailed responses but then retracted them, saying it couldn’t discuss that topic. However, it freely discussed other issues like China’s economy, showing selective filtering of information.

    In 2023, DeepSeek launched several new AI models, including one with 671 billion parameters, making it one of the largest generative AI models available. Marc Benioff, CEO of Salesforce, praised DeepSeek, mentioning that its success demonstrates that the real value in AI comes from the data used, not just the technology being sold.

    The AI economics are shifting rapidly due to DeepSeek’s much lower costs. For example, their DeepSeek R1 API charges only $0.55 per million input tokens compared to OpenAI, which charges around $15 per million. This change makes AI integration more accessible for many people and businesses.

    DeepSeek is also innovating how AI models work. Instead of using the same large amount of resources for every task, their models activate only the parts that are needed, which improves speed and efficiency.

    However, questions remain about DeepSeek’s relationship with the Chinese government and how they acquire their technology. There’s speculation about their access to advanced hardware since U.S.-China trade restrictions limit some tech companies’ resources. Still, DeepSeek continues to grow, showing the world that innovation can come from unexpected places

  • Stock Market Crashes Today: Major Losses Across Key Sectors

    Stock Market Crashes Today: Major Losses Across Key Sectors

    Today, on Monday, January 27, 2025, the stock market faced a major crash during the early morning trading. The biggest drops were seen in media, healthcare, and smaller tech companies.

    By 10:30 AM IST, the popular BSE Sensex index was down by 764.08 points, or 1%, bringing it to 75,426.38. The Nifty index also dropped by 237.00 points, or 1.03%, reaching 22,855.20.

    What stocks took the biggest fall?
    Out of the 30 stocks tracked by the Sensex, Zomato Ltd faced the biggest decline, dropping 3.38% to ₹208.50. Power Grid Corporation of India Ltd fell by 2.96% to ₹287, and HCL Technologies Ltd decreased by 2.47% to ₹1,749.20. Only four out of the 30 Sensex stocks saw gains, including ICICI Bank, Hindustan Unilever, Nestle India, and Maruti Suzuki.

    How did different sectors perform?
    Looking at the Nifty sectors, the Media Index dropped the most, falling by 4.29% to 1,572.90. Healthcare followed, decreasing by 3.86% to 39,200.65, and the IT & Telecom sector dropped by 3.46% to 10,325.50.

    How did the week finish on Friday?
    Last week ended with a decline as well, with the Sensex closing down 329.92 points, or 0.43%, at 76,190.46. The Nifty index also fell by 113.15 points, or 0.49%, to 23,092.20.

    In the previous session, Mahindra & Mahindra dropped the most, down by 2.92% to ₹2,801.00. Zomato also fell by 2.75% to ₹215.80, while Tata Motors decreased by 2.48% to ₹733.90.

    Among Nifty sectors last week, media stocks fell 2.60% to 1,643.40, and the healthcare index dropped 2.37% to 40,773.75. The media index saw Zee Entertainment drop by 3.44%, while Syngene International in the healthcare sector fell by a shocking 5.97%.

    What does this mean?
    The markets are seeing tough times as many investors remain cautious. Keep an eye on how things evolve in the next few days!

  • Power Stocks Fall: Britannia and ICICI Bank on the Rise

    Power Stocks Fall: Britannia and ICICI Bank on the Rise

    On Monday morning in New Delhi, many power stocks fell sharply. Here are some of the biggest losers: Orient Green Power Company went down by 7.97%, ACME Solar Holdings dropped by 7.58%, and GE Power India fell by 7.03%. Other companies like Jyoti Structures, Inox Wind, and Gujarat Industries also saw their stock prices decrease.

    The NSE Nifty50 index was down by 161.8 points to 22,930.4, and the BSE Sensex dropped 533.63 points to 75,656.83 at around 10:19 AM.

    On the bright side, some big names like Britannia Industries, ICICI Bank, and Hindustan Unilever managed to gain some value. Britannia’s stock rose by 1.93% and ICICI Bank increased by 1.48%.

    However, other companies like Bharat Electronics and HCL Technologies faced declines of 2.91% and 2.38%, respectively

  • Today’s Stock Market Recap: Gainers, Losers, and 52-Week Highs!

    Today’s Stock Market Recap: Gainers, Losers, and 52-Week Highs!

    Today, some stocks are not doing well on the market. Companies like CreditAccess Grameen, Ador Welding, K P Energy Ltd., Godavari Biorefineries, and Indoco Remedies hit their lowest price in the past year. As of 09:59 AM (IST), the NSE Nifty index dropped by 121.3 points, landing at 22,970.9, while the BSE Sensex fell by 369.37 points to 75,821.09.

    On a brighter note, some stocks reached their highest prices in a year. Companies like ARSS Infra, Reliance Naval & Engineering, Associated Alcohols & Breweries, NDR InvIT Trust, and United Polyfab Gujarat did well today.

    In the Nifty 50 index, Britannia, ICICI Bank, HUL, L&T, and Nestle India are among today’s top gainers. Meanwhile, stocks like BEL, Power Grid, HCL Tech, JSW Steel, and BPCL experienced the biggest losses.

  • WTO Leaders Affirm Commitment to Stronger Global Trade Rules at Davos

    WTO Leaders Affirm Commitment to Stronger Global Trade Rules at Davos

    At a meeting held in Davos, Switzerland, the World Trade Organization (WTO) called for a stronger global trading system. This comes as countries face rising tensions and economic challenges. 23 WTO member countries met informally alongside the World Economic Forum Annual Meeting, where they discussed the importance of rules in trade.

    Swiss Federal Councilor Guy Parmelin hosted the gathering, which included WTO leader Ngozi Okonjo-Iweala and representatives from private businesses. They talked about the current issues affecting global trade and stressed that clear rules and stable conditions are crucial for the economy during difficult trade times.

    The ministers also looked ahead to the upcoming 14th WTO Ministerial Conference in Yaounde, Cameroon, next year. They agreed to maintain the importance of the WTO as a guiding body for international trade, especially given the growing geopolitical tensions today.

    Parmelin highlighted the need to adapt WTO rules to modern challenges and ensure a working system for resolving trade disputes. Many ministers expressed the need to start significant discussions on agricultural trade and extend a ban on customs duties for electronic transactions during the next meeting.

    The ministers also emphasized the link between trade and environmental issues, recognizing that a strong multilateral trading system is key to global business success and prosperity. They support initiatives to enhance trade, emphasizing cooperation in areas like e-commerce.

  • Trump Plans to Lower Interest Rates Globally

    Trump Plans to Lower Interest Rates Globally

    US President Donald Trump spoke to the World Economic Forum in Davos, Switzerland, and announced that he wants interest rates to go down right away. He said, “I’ll demand that interest rates drop immediately.” He suggested that this change should not only happen in the United States but also in countries around the world. Trump believes that interest rates everywhere should follow the US lead. This comes as he also mentioned plans for the largest tax cuts in American history during his first talk at the forum.

  • Top Stock Market Gainers and Losers: Trading Insights

    Top Stock Market Gainers and Losers: Trading Insights

    NEW DELHI: On Thursday, several companies were popular among traders because of high trading volumes. The top gainers included:

    – Vodafone Idea: 35.52 crore shares traded
    – Easy Trip Planners: 9.36 crore shares traded
    – YES Bank: 8.33 crore shares traded
    – Zomato: 7.56 crore shares traded
    – Rama Steel Tubes: 6.40 crore shares traded
    – Suzlon Energy: 4.96 crore shares traded
    – Go Digit General Insurance: 4.73 crore shares traded
    – Kalyan Jewellers Industries: 4.43 crore shares traded
    – Wipro: 3.99 crore shares traded
    – NMDC: 3.62 crore shares traded

    In the stock market, the NSE Nifty index went up by 50 points, reaching 23,205.35. Similarly, the BSE Sensex increased by 115.39 points, finishing at 76,520.38.

    However, not all companies did well. The top losers included:
    – Bharat Petroleum Corporation Ltd.: down 2.29%
    – Kotak Mahindra Bank Ltd.: down 1.19%
    – HCL Technologies Ltd.: down 1.14%
    – Power Grid Corporation of India Ltd.: down 1.08%
    – Reliance Industries Ltd.: down 1.06%