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SP, Nasdaq begin 2024 with lower close as Apple, big tech weighs January 3rd, 2024 06:30
The lackluster session follows a year where Wall Street#39;s three major indexes notched double-digit gains on the back of optimism around artificial intelligence and stabilizing inflation. The SP 500 ended last week within 1% of a record closing high reached in early 2022.

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Record borrowing by Indian states to widen spread over govt bond yield: Traders January 3rd, 2024 06:30
Earlier in the day, states raised 160 billion rupees ($1.92 billion), the lowest for a weekly auction, via 10-year bonds at around 7.74%.

Stockarchitect
Sebi slaps Rs 6 lakh fine on Maheswari Datamatics for violating market rules January 2nd, 2024 23:30
In its order passed on December 29, Sebi found Radhey Shyam Jhanwar was an associate person of MDPL during the inspection period and hence was required to possess the National Institute of Securities Markets (NISM) certification.

Stockarchitect
Wall Street opens lower, kicking off 2024 on cautious note January 2nd, 2024 22:30
The Dow Jones Industrial Average fell 123.32 points, or 0.33%, at the open to 37,566.22.

Stockarchitect
Apple shares slip 3% after Barclays downgrade January 2nd, 2024 22:30
Barclays is the second brokerage to have the equivalent of a "sell" rating on the stock, which now has its most number of bearish recommendations in at least two years, per LSEG data. Apple has been grappling with a demand slowdown since early last year and has forecast holiday-quarter sales below Wall Street estimates. Its performance in China has also been a worry after the revival of local rival Huawei.

Stockarchitect
Adani-Hindenburg case: Supreme Court to pronounce judgment tomorrow January 2nd, 2024 22:30
The judgement would be delivered by a bench headed by Chief Justice DY Chandrachud, which had reserved its order on a batch of pleas last month.

Stockarchitect
Jyoti CNC Automation to launch Rs 1,000 crore-IPO on January 9. Check details January 2nd, 2024 22:30
The company had filed its draft red herring prospectus (DRHP) with the market regulator in September 2023. The IPO is completely a fresh issue worth Rs 1,000 crore. The price band for the public offer will be announced soon. The share allotment for the IPO will be finalised on January 12 and the listing date is fixed as January 16.

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Bulk Deals: Amansa Holding picks Rs 119.87 cr shares in STAR, Radhakishan Damani buys 1.4% stake in VST Ind January 2nd, 2024 22:30
SBI Mutual Fund picked additional 2.25 lakh shares at same average price in VST Industries

Stockarchitect
EaseMyTrip board approves proposal to raise funds of upto Rs 1000 crore January 2nd, 2024 20:28
The company said the board meeting was held on Tuesday. ​In December last year, platforms, the company said it has recently secured a non-controlling,13% stake in Eco Hotels and Resorts Limited, a BSE listed entity.

Stockarchitect
Furloughs to weigh on Q3 revenue of IT companies, says Motilal report. HCL top buy January 2nd, 2024 20:27
​A combination of adverse macros and a higher-than-expected number of furloughs could bog down revenue conversion of top Indian IT companies, a Motilal Oswal report said ahead of the earnings season which begins on January 11 when Tata Consultancy Services (TCS) and Inforsy will announce their December quarter results.

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