Investyadnya.in
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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