Investyadnya.in
February 6, 2025 at 04:27 AM
Stock Market News (Quick Updates)
6th Feb 2025
Watch the full video here-
https://youtu.be/bvueb9-A_NE
World Market
US Economy
- ISM services index fell to 52.8 in January, below forecast
- Trade deficit widened to $98.4 billion in December
Gold Rally
- Gold prices hit record highs due to US-China trade war
- Investors worry about inflation and economic slowdown
China’s Services Sector
- Services PMI fell to 51.0 in January, signaling slower growth
- Employment weakened due to the Lunar New Year holiday
Indian Economy
OpenAI in India
- India is OpenAI’s second-biggest market, with users tripling
- Sam Altman praised India's AI growth and government initiatives
India’s Services Sector
- Services PMI dropped to 56.5 in January, slowest in over two years
- Inflationary pressures remained high despite strong hiring
Stock-specific News
Ola Electric Expansion
- Launched Roadster X electric motorcycles, starting at Rs 74,999
- Market share in electric two-wheelers rose to 30%
Swiggy Financials
- Net loss widened to Rs 799 crore in Q3FY25
- Gross Order Value grew 38% year-on-year
Info Edge Stock Split
- Announced 1:5 share split to enhance liquidity
- Revenue rose 15% YoY, net profit declined 6.25%
Avalon Technologies Growth
- Revenue grew 31% YoY to Rs 281 crore
- PAT increased 265% to Rs 24 crore