Inflation and the U.S. presidential election will be the biggest drivers of global markets this year, while liquidity challenges are a growing focus, according to traders surveyed by JPMorgan. Some 27 percent of traders see inflation as having the biggest impact, followed by 20 percent for the November election, the survey published on Tuesday showed.

Amid raging speculation over the return of the BJP-led government for the third straight term and expectation of a pick-up in private capex, domestic institutions are waiting on the sidelines to raise their stakes in banks and financials. Banking stocks are seen as reasonably valued bets at a time when the market simmers on high valuations, said analysts.

InGovern Research has advised shareholders of Sanghi Industries to vote in favour of the resolutions related to the company getting into material related-party transactions with ACC, Ambuja Cements and Adani Enterprises.Gujarat-based Sanghi Industries, in which Ambuja Cements acquired a majority stake last year, has called for an extraordinary general meeting on Feb 8, Thursday.

Investing in a tax-saving Fixed Deposit (FD) with a bank stands out as a highly favored choice among investors seeking to leverage the benefits of Section 80C within the ambit of the Income Tax Act. Many individuals opt for this investment avenue for tax-saving purposes due to its perceived lower risk when compared to equities. It's crucial to note, though, that the tax-saving advantages.

TVS Supply Chain Solutions Ltd has reported a consolidated profit after tax for the October-December 2023 quarter at Rs 10 crore, the company said. The Global supply chain solutions provider had posted a consolidated PAT at Rs 17.2 crore, during the corresponding quarter of last year. Revenue from operations during the quarter under review on consolidated basis stood at Rs 2,221.8 crore.

The Indian market has been consolidating in a narrow range of 21,500 to 22,000 for over one and a half months. This consolidation in the markets is healthy as the market has run too much too fast.However, two stocks have formed a good setup on the technical charts and can give returns in the short term. The view taken for the stocks is four to six weeks.

Power Grid Corp is expected to record a modest y/y growth in Q3 revenue on slow capacity build-up, while its net profit may fall because of a rise in transmission costs. The company is set to announce its Q3FY24 results on Feb 7. The PSU power transmission company is expected to see its fiscal third quarter revenue grow 2% y/y to Rs 11,811 crore, according to an average of 3 brokerage estimates.

Larsen & Toubro (L&T) on Tuesday said it has bagged a large project to construct a bridge across the Brahmaputra in Assam. As per L&T classification, contracts worth Rs 2,500-5,000 crore fall in the category of large orders. ”The transportation infrastructure business of L&T Construction has won a project contract, to construct the Palashbari to Sualkuchi cable-stayed bridge.

ChrysCapital Management Co. is looking to raise as much as $300 million for a new fund that will allow the buyout firm to hang on to its minority stake in India’s main stock exchange. The Indian private equity company is working with a team at UBS Group AG for a so-called continuation fund that will give it more time and capital to hold its investment in National Stock Exchange of India Ltd.

Paytm Payments Bank has no intention of challenging the Reserve Bank of India (RBI) in court and is instead working with the banking regulator to ensure compliance and address concerns flagged by it, the company told Moneycontrol. On January 31, the RBI directed Paytm Payments Bank to stop onboarding new customers.

HSIIDC will auction 450 square metre industrial plots in Barwala Industrial Area Phase-I on Feb 23 with a reserve price of Rs 7,00,950. Interested buyers can register on the HSIIDC portal till Feb 15 to participate in the e-auction. This move aims to increase commercial activities in the area and boost economic growth.

Shares of Varun Beverages jumped over 3% to the day's high of Rs 1,350 on the NSE on Tuesday following the company's strong December quarter earnings and positive stock reviews by a clutch of top brokerages. Jefferies and Nuvama reiterated their buy ratings while Kotak Institutional Equities recommended an add view. VBL which follows the January-December calendar reported its Q42023 profit.

Shares of Bharti Airtel rose 5.6% to Rs 754.65 after the company reported its earning results for the quarter ending December. On Monday, the company reported its net profit at Rs 2,442.2 crore, an increase of 54% year on year. Its revenue stood at Rs 38,339 crore, which was 6.3% higher from Rs 36,062 crore in the year-ago period. In the last five days, the company’s stock has fallen 0.9%.

Foreign portfolio investors (FPI) sold a record amount of Indian financials in January – the sector in which they have the largest holdings – after the country’s largest lender HDFC Bank posted disappointing earnings, according to National Securities Depository data. The monthly selling in financials, worth about 300 billion rupees, snapped the FPI buying streak in Indian equities.

Benchmark indices in China and Hong Kong popped strong gains on February 6 as the measures undertaken by Chinese regulators to arrest the stock market cheered investors. China's benchmarks CSI 300 index settled 3.5 percent higher at 3,311.69, while the Shanghai Composite close 3.1 percent up at 2,789.49. Both indices registered their biggest single-day gains since 2022.