Shares of small-cap stock Pradhin Limited hit its upper circuit on Wednesday, despite a weak market, before recovering to an extent to close at ₹29.30 on January 8.The Small-cap stock under ₹50 announced that the board of directors has scheduled a board meeting on January 17, 2025, to consider a stock split, up to a 100 per cent dividend declaration.
Open FlipShapoorji Pallonji group firm Afcons Infrastructure Ltd on Wednesday (January 8) said it has issued a corrigendum to its earlier communication dated January 3, 2025, regarding the receipt of a ₹1,084.54 crore contract from the Defence Research and Development Organisation (DRDO) for infrastructure work on an EPC basis, scheduled for completion within 36 months.
Open FlipDogecoin (CRYPTO: DOGE) had a spectacular year in 2024 with a gain of 250%. It outperformed many other popular cryptocurrencies, including XRP (Ripple), Bitcoin, and Ethereum. Dogecoin Price data by YCharts. As you can see, most of those cryptocurrencies didn't take off until around November. That's when Donald Trump won the U.S. presidential election, after running a crypto-friendly campaign.
Open FlipSouth Mumbai, defined as all areas south of Mahim in the west and Sion-Chembur in the east, has long been considered out-of-bounds for the salaried class, even among the higher end of the scale, due to historically high home prices. However, observers say that an increasing number of projects in close proximity to south Mumbai, and some in south Mumbai itself, can be purchased for upto Rs 4 crore.
Open FlipDelta Corp shares jumped nearly 5% on January 8 as Supreme Court agreed to hear online gaming industry's pleas against GST show cause notices on January 10.At 12 pm, Delta Corp shares were trading 6% higher at Rs 116.43 apiece. The industry is seeking stay on show cause notices with concerns over potential coercive action by tax authorities, reported CNBC-TV18.
Open FlipFabtech Technologies Cleanrooms IPO allotment: Investors are keenly eyeing the allotment of Fabtech Technologies Cleanrooms IPO following the closure of its initial public offer (IPO). Fabtech Technologies Cleanrooms IPO allotment status date is likely January 8, 2025. The public offer, which ran for subscription from January 3 to January 7, witnessed a strong demand for its shares.
Open FlipBenchmark indices Nifty and Sensex staged a recovery on January 8, turning mildly positive as a rebound in IT stocks lent support. The closing figures for ✅Sensex stood at 78,144.82, lower by 54.29 points or 0.069 percent, while✅ Nifty was at 23,675.50, down by 32.40 points or 0.14 percent. Gains in Reliance Industries propelled the oil and gas sector higher.
Open FlipMankind Pharma has granted 56.31% of its equity shares in Bharat Serums and Vaccines Ltd (BSV), a wholly owned subsidiary, to Catalyst Trusteeship Ltd. This forms one of the conditions for securing its listed NCDs worth ₹5,000 crore. The Deed of Trust has been executed on October 10, 2024 between the group company Mankind Pharma and Catalyst Trusteeship.
Open FlipThe National Stock Exchange of India is expanding its colocation facility in Mumbai, adding 200 full rack equivalent units, bringing total capacity to over 1,200 racks, with plans to increase it to 4,000 racks in two years. This expansion aims to cater to growing demand from market participants for enhanced infrastructure.
Open FlipStock price information displayed on a board at the London Stock Exchange Group British stock funds suffered their worst year on record last year, delivering a fresh blow to Rachel Reeves’s attempt to revive the City. A net £9.6bn was withdrawn from funds invested in companies listed on the London Stock Exchange in 2024, according to data provider Calastone.
Open Flip📈 Domestic benchmark indices closed on a flat note on 8 January, 2025 📢 At 3:30 PM, the Sensex declined 50.62 points or 0.06% at 78,148.49, and the Nifty was down by 18.95 points or 0.08% at 23,688.95. 📊 Among sectoral, Nifty IT (⬆️0.60%) turned out to be the best performer while Nifty Midcap 100 (⬇️1.05%) saw considerable selling.
Open FlipIndonesia has kept a ban on the sale of Apple Inc.’s iPhone 16s, saying the company’s $1 billion plan that includes building a local AirTag factory is insufficient to meet local investment requirements. Domestic content rules require Apple to produce part of their smartphones or components onshore, while the AirTag is only an accessory, Minister Agus Gumiwang Kartasasmita said in a briefing.
Open FlipBitcoin is set to rally into March due to a $612 billion liquidity boost in the US, mitigating potential disappointment over Trump's crypto policies. Bitcoin fell nearly 6% in the 24 hours leading up to 8:00 am UTC on Jan. 8, falling below the $100,000 mark, which has served as a psychological resistance since Dec. 19, Cointelegraph Markets Pro data shows.
Open FlipMid-cap and small-cap stocks, historically favoured for high returns, have declined over 📌2% in January 2025. Despite past strong performance, analysts warn of potential headwinds like regulatory scrutiny and slower earnings growth, suggesting a cautious investment approach focused on quality stocks.
Open FlipCitigroup Inc. predicts a 10% return for India's $5 trillion stock market in 2025, driven by economic growth and robust corporate earnings, setting a target of 26,000 for the NSE Nifty 50 index, with domestic flows expected to buffer against weak urban demand and rising global yields. Individual investors snapped up 1.5 trillion rupees worth of stocks on the National Stock Exchange of India Ltd.
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