Reported Standalone quarterly numbers for Sarthak Global are: Net Sales at Rs 0.09 crore in December 2023 down 79.84% from Rs. 0.44 crore in December 2022. Quarterly Net Loss at Rs. 0.04 crore in December 2023 down 183.8% from Rs. 0.05 crore in December 2022. EBITDA stands negative at Rs. 0.03 crore in December 2023 down 127.27% from Rs. 0.11 crore in December 2022.

Reported Standalone quarterly numbers for Steel City Securities are: Net Sales at Rs 13.57 crore in December 2023 up 2.18% from Rs. 13.28 crore in December 2022. Quarterly Net Profit at Rs. 2.61 crore in December 2023 down 25.84% from Rs. 3.52 crore in December 2022. EBITDA stands at Rs. 4.05 crore in December 2023 down 18.02% from Rs. 4.94 crore in December 2022.

Inventure Growth and Securities reported a significant increase in its standalone quarterly net profit, net sales, and EBITDA for December 2023. The company's EPS also saw an improvement from the previous year. The stock has given positive returns over the past 6 months as well as the last 12 months.

Suryakripa Finance reported a 71.53% increase in net sales at Rs. 5.90 crore and a 2856.34% increase in net profit at Rs. 0.21 crore in the December quarter of 2023 compared to the same period in 2022. EBITDA also saw a significant growth of 2700%. The company's EPS has increased to Rs. 2.10 from Rs. 0.07.

Gulf Oil Lubricants India reported standalone quarterly numbers showing a 4.63% increase in net sales to Rs. 817.26 crore in December 2023 from the same period in 2022. Quarterly net profit also saw a significant jump of 28.86%, reaching Rs. 80.74 crore, while EBITDA increased by 22.46%. The company's EPS has risen to Rs. 16.46 in December 2023.

Benchmark indices rebounded nearly 1% on Tuesday following positive global trends. The 30-share Sensex climbed 454 points to settle at 72,186 and the Nifty gained 157 points to close at 21,929.Stocks that were in focus included names like YES Bank, which rose 11.62%, PB Fintech, which fell 6.15%, and Fortis Healthcare, whose shares increased 4.3% on Tuesday.

A number of life insurance companies have urged the Insurance Regulatory and Development Authority of India (IRDAI) to roll back some provisions related to the surrender charges in the draft product regulations released in December, people with knowledge of the matter told Moneycontrol on condition of anonymity. Call for review of proposed product regulations In a meeting with the regulator.

Gold prices were steady as investors waited for updates from Federal Reserve officials on potential interest rate cuts. Fed officials noted that if the economy continues to perform well, rate cuts could be on the horizon but the fight against inflation is not over. The market will focus on comments from Fed officials this week and next week's inflation report for more information.

Bharat Petroleum Corp Ltd featured in Moneycontrol's analyst tracker as a contrarian downgrade, indicating a recent stock price increase despite a decline in analysts' optimism. In the last month, the oil marketing firm's stock surged 22 percent. But 'buy' recommendations decreased from 25 to 22, while 'hold' and 'sell' calls rose to 5 and 7 from 4 and 5, respectively.

Chinese regulators have rolled out a raft of intense measures to crack down on short-selling as it works to lift its stock market from the rout seen last week. US miner Piedmont Lithium has become another company to cut jobs to save costs. Apple won a lawsuit against a Silicon Valley startup. All this and much more on World Street. Watchdog in Action China's securities regulator said on Tuesday.

Asian stocks firmed on Wednesday as investors waited to see if Beijing's increasingly frantic efforts to prop up its sagging share markets would actually work, while bonds enjoyed a reprieve from recent selling. In recent days, China's regulators have announced further curbs on short selling and state investors said they were expanding their stockbuying plans.

DBS Group, Singapore's largest bank, maintained net interest income guidance for 2024 and reported a 2% increase in fourth quarter net profit, surpassing expectations. CEO Piyush Gupta stated that despite expected challenges, the bank's strengths will sustain performance. The bank also expects double-digit fee income growth and slightly lower net interest margin for the full year.

Foxconn, a Taiwanese electronics company, is planning to set up a chip assembly and testing plant in India in partnership with HCL Group. The initial investment for the project is Rs 1,200 crore, and it will be located on Foxconn-owned land. This move comes as Foxconn aims to expand its operations in India amidst tensions and uncertainty in its primary location, China.

Asian stocks rise as investors wait to see effectiveness of China's efforts to boost markets. Bonds see a reprieve. Uncertainty remains about government's long-term approach and potential for short-term market bounce. Fed speakers signal progress on inflation, but no clear timing for rate cuts. US dollar eases, gold stabilizes, and oil prices find support.

Adam Neumann, founder of WeWork, wants to buy back the company amidst bankruptcy proceedings. He stepped down as CEO in 2019 due to controversy and a failed IPO but still received a $480 million payout. Now, he aims to inject cash and potentially acquire WeWork or its assets through his new venture Flow Global. Will this be the solution for WeWork's financial struggles or a risky move?