Investyadnya.in
February 4, 2025 at 04:49 AM
Stock Market News (Quick Updates) 4th Feb 2025 Watch the full video here- https://youtu.be/DVZXI72c2Po World Market Stocks and Tariffs - Dow Jones recovered losses after Trump paused tariffs on Mexico. - U.S. automakers and Mexican stocks rebounded following the pause. U.S. Manufacturing Growth - ISM PMI rose to 50.9, marking the first expansion in over two years. - Strong new orders and job growth contributed to the recovery. Indian Economy India’s Manufacturing PMI - PMI rose to 57.7 in January 2025, driven by strong exports. - Business confidence and job creation reached record highs. Rupee Hits Record Low - Rupee fell 67 paise to 87.29 per USD amid global trade concerns. - Foreign fund outflows and strong USD demand contributed to the decline. Stock-specific News Bajaj Finance Surge - Stock rose over 5% on hopes of RBI rate cut and consumption push. - Company improved asset quality, reducing unsecured loan exposure. Divi's Labs Q3 Performance - PAT surged 64.5% to Rs 589 crore on strong API demand. - Revenue grew 25% as global drugmakers diversified supply chains. Power Grid Q3 Results - Net profit declined 4% to Rs 3,862 crore. - Revenue increased 3%, and an interim dividend was declared. Premier Energies Growth - Revenue surged 140.6% YoY to ₹1,713 crore. - Company plans major capacity expansion by 2026.
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