Paytm stock saw a 3% rise on February 6 despite a recent plunge due to RBI restrictions and downgrades from brokerages. Analysts see potential for gains with attractive valuations but caution retail investors to be wary. The company's future depends on its ability to migrate wallet customers to other banks, according to an expert. Existing investors are advised to hold.

The first TOD hub in Delhi, located at Karkardooma, is making progress with its economically weaker section housing component set to be completed by Feb 28. The complex will have 498 flats and 22 floors with basement parking. The project includes features like green space, precast blocks, dual flushing system, and rainwater harvesting. The overall cost of the project is Rs1,168.5 crore.

The Delhi Development Authority (DDA) has amended its regulations to allow private companies to purchase residential flats in bulk for use as staff quarters or hostels in the NCR region. This move aims to promote development and growth in upcoming areas like Narela, where discounts of up to 25% are being offered for MIG flats. Additionally, discounts of 15% and 25% are being offered.

The Sensex and Nifty traded flat on Feb 7 after early gains were wiped out due to profit booking in heavyweights. Investors are waiting for the RBI's monetary policy outcome on Feb 8 for direction. The market is seeing a bounce back led by IT, autos, and pharma sectors. However, excessive speculation in low-grade stocks is a concern. Technical experts advise caution and suggest staying invested.

The Board of the Association of National Exchange Members of India (ANMI) has given an in-principle approval to extend the trading hours for index futures, sources told CNBC-Awaaz on February 7. Brokers Industry Standards Forum (ISF), which comprises ANMI, CPAI, and BBF, will soon send a letter to Sebi, the sources added. CPAI is Commodity Participants Association of India and BBF is BSE Brokers.

Five stocks are under the F&O ban list on Wednesday, February 7 viz. Ashok Leyland, Hindustan Copper, India Cements, Indus Towers, National Aluminium Company (NALCO), UPL and Zee Entertainment Enterprises (ZEEL).Ashok Leyland is the latest entrant. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL.

State lender Canara Bank's Board of Directors will meet on February 26 to consider the proposal of sub-division or split of the equity shares of the bank, the company informed exchanges ahead of the market opening on Wednesday.The approval from the Company's board on the stock split will be subject to prior approval of the Reserve Bank of India (RBI) and other statutory or regulatory approvals.

The rupee is expected to remain stable against the US dollar in the next year, with slight gains due to interventions by the Reserve Bank of India. However, other Asian currencies are predicted to perform better. The RBI may cut interest rates later this year, but at a slower rate than the US Federal Reserve, and the rupee is expected to appreciate modestly over the longer term.

Oil prices ticked higher on Wednesday, as growth in U.S. oil production is expected to remain largely steady through 2025, easing worries of excess supply. Brent crude futures rose 38 cents, or 0.5%, to $78.97 a barrel as of 0013 GMT, while U.S. West Texas Intermediate crude climbed 41 cents, or 0.6%, to $73.72. Both contracts had gained slightly on Monday. U.S. domestic production.

The S&P 500 closed slightly higher on Tuesday, as investors scrutinized a mixed bag of earnings at big U.S. companies and digested comments from Federal Reserve policy makers for clues about its first planned interest-rate cut. Minneapolis Fed President Neel Kashkari said the central bank is not done yet with inflation although he noted it had come down quickly with three-month and six-month.

There is no specific sector or technology we focus on, and our investment themes are not rigidly-defined borders. We find outliers executing in markets that matter the most interesting and invest there. In the Indian context, while our broad investing lens that cuts across sectors has not changed significantly over the past decade, our approach has definitely deepened.

Godrej Consumer Products Limited (GCPL) stock surged on Feb. 1 due to the launch of their new product - Goodknight Agarbatti. This is India's first legal anti-mosquito incense stick, which will target the Rs 1,200 crore market currently dominated by unorganised players who do not follow regulations set by the Central Insecticides Board (CIB). GCPL plans to capture over 50 percent of this market.

BBMP is introducing an IVRS system to remind over 6 lakh property tax defaulters in Bengaluru of their obligation to pay dues. This will help ease the burden on revenue officials and allow for hassle-free follow-up with citizens. The system will also be used to collect feedback and handle citizen complaints through Sahaya 2.0 and other portals.

Most emerging market currencies are not likely to make up for their losses against the US dollar in the next six months due to reduced expectations for rate cuts from the Federal Reserve. Better than expected US economic data and hawkish comments from Fed policymakers have led to a 3% increase in the dollar index, hurting emerging market currencies. In a recent poll of FX strategists.

ITC announced an interim dividend of Rs 6.25 per share for the financial year 2023-24 in its board meeting on January 29, 2024, along with unaudited financial results for the quarter and nine months ending December 31, 2023. The company reported a flat revenue of Rs 17,651 crore but a 13% increase in net profit. The current dividend yield is 2.97% with a quarterly.