Stock Market News (Quick Updates) 23rd January 2025 Watch the full video here- https://youtu.be/3rsGlVegy6I World Market Trump Announces AI Infrastructure Investments - Private companies to invest up to $500 billion in AI infrastructure, with a joint venture called Stargate creating 1,00,000+ jobs. - $100 billion to be deployed immediately, with Texas hosting the first data center project. China Faces Additional 10% Tariff - 10% tariffs on Chinese products to combat fentanyl inflow, announced alongside Canada and Mexico tariff hikes. - Tariffs to impact global supply chains, increasing US inflation risks. Skilled Immigration Backed by Trump - Support for H-1B visas to attract skilled professionals to the US. - Move benefits Indian IT firms with onshore projects. Indian Economy EPFO Sees Membership Growth - November 2024 enrollment rose 4.88% YoY, with significant additions in the 18-25 age group. - Net female member additions increased by 12.16% MoM and 11.75% YoY. Stock-specific News HUL Q3 Results Show Gains - Profit after tax rose 19% YoY to ₹3,001 crore, aided by a ₹509 crore one-time gain. - Flat volume growth with 6% YoY growth in the home care segment. HUL Announces Kwality Wall’s Demerger - Ice cream business to be spun off as a separate entity, with a 1:1 share distribution. - Aligns with Unilever’s global restructuring of its ice cream segment. Polycab India Q3 Results Impress - Revenue grew 20% YoY, with strong growth in Wires & Cables and EPC businesses. - Company projects 20-24% topline growth and ₹6,000-8,000 crore capex. HDFC Bank Q3 Misses Estimates - Net profit rose 2% YoY, missing expectations; NII grew ~8%. - Gross NPAs increased to 1.42% from 1.26% YoY. Pidilite Industries Q3 Shows Steady Growth - Revenue up 8% YoY, with 9% profit growth and improved operating margins. - Volume growth driven by both consumer and B2B segments. Persistent Systems Q3 Outperforms - Profit rose 30% YoY; revenue increased 15%. - Strong growth driven by AI and healthcare segments; 20+ AI patents filed. SEBI Proposes Small Ticket SIPs - SIPs with a ₹250 monthly minimum proposed to enhance financial inclusion. - Simplified customer identification and reduced costs for mutual fund investments.