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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