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February 3, 2025 at 01:50 AM
Stock Market News (Quick Updates) 3rd Feb 2025 Watch the full video here- https://youtu.be/6WW6fSjmG5U World Market Oil Prices Decline - Oil prices fell, marking second week of losses. - US may impose tariffs on Canada and Mexico. Trump's Tariff Impact - New tariffs imposed on imports from China, Mexico and Canada. - Canada and Mexico plan retaliatory measures. Shein Returns to India - Shein relaunched in India after a 5 year ban. - Partnership with Reliance Retail facilitates re-entry. Indian Economy GST Revenue Rises - GST collections up 12.3% YoY in January. - Domestic sales & imports contributed to the growth. UPI Transactions Surge - UPI volume hits record 16.99 billion in January. - Transaction value increased to ₹23.48 trillion. Stock-specific News Market Drivers This Week - RBI rate decision & corporate earnings will drive markets. - Global trends and budget impact also influence markets. Auto Sales Mixed - Maruti sales up 4% while Hyundai and Tata dip. - Mahindra leads growth with 18% increase. Aarti Industries Profit Down - Aarti Industries' net profit fell by 63% YoY. - Higher finance costs and expenses impacted margins. Vinati Organics Q3 Jumps - Vinati Organics Q3 net profit jumps 22% QoQ. - But net profit declined YoY by 10.21% Neogen Chemicals Results - Neogen revenue increases 22.5% YoY. - EBITDA margins expand but PAT declines QoQ.
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