Government notifies direct listing of Indian companies on GIFT City#39;s exchanges on January 24, 2024 at 10:57 am

As per the government notification, the eligible exchanges are the India International Exchange and NSE International Exchange.

Bajaj Auto Q3FY24 net profit up 37% YoY at Rs 2,042 crore on robust sales, price hikes on January 24, 2024 at 11:01 am

The company that the revenue growth was led by “acceleration in the domestic business� on the back of “sharp execution and impactful activation� during the festive season

Technical View: 21,500 mark crucial for Nifty upside on FO expiry day, Bank Nifty defends 200-day EMA on January 24, 2024 at 11:04 am

The options data indicated that 21,700-21,800 is expected to be next key resistance area, in case the index shows further uptrend in following session, with support at 21,300 area.

Gainers and Losers: 10 stocks that moved the most on January 24 on January 24, 2024 at 11:15 am

Among sectors, auto, Information Technology, capital goods, FMCG, metal, oil gas and power up 1-2 percent

Steel stocks up after China announces plans to cut bank reserve requirement ratio on January 24, 2024 at 11:48 am

China is the largest consumer of metals in the world, and the market is betting that a reduction in interest rates will spur economic activity in the nation, particularly in infrastructure and housing

Karnataka signs MoUs worth Rs 23,000 crore at WEF meet: Minister on January 24, 2024 at 9:09 am

A Karnataka delegation, which he led, engaged in over 50 meetings with global industry leaders in Davos.

Govt aiming to increase scrap share in steel making to 50% by 2047 to aid green steel initiative: Jyotiraditya Scindia on January 24, 2024 at 9:28 am

The steel minister emphasised on usage of scrap in steel making as manufacturing the metal through scrap and other waste products is less polluting and termed it as a step “towards green steel initiative”.

Zee#39;s failed merger with Sony leaves MFs, insurers poorer by Rs 3,130 crore on January 24, 2024 at 9:33 am

As of the December 2023 quarter, Mutual Funds held a 32.49% stake with 312.07 million shares, while insurance companies had a 10.66% stake with 102.41 million shares in Zee.

Flash PMI for India launched, January services print at 6-month high of 61.2 on January 24, 2024 at 9:42 am

The flash Purchasing Managers#39; Index for any given month will be released approximately one week in advance of the final number.

Sensex, Nifty rebound from day’s lows but near term worries persist on January 24, 2024 at 9:49 am

Some volatility was seen during the day as monthly and weekly futures and options (FO) contracts for Nifty were set to expire today. Quarterly earnings showdown of key companies also helped set the mood of the market.