ITC, Godfrey Phillips shares crack up to 8% on New Year’s Day. What’s the bad news?

Tobacco stocks like ITC and Godfrey Phillips saw significant drops on Thursday. This follows the finance ministry's notification of an additional excise duty on tobacco products. The new levies, effective February 1, will be applied over and above the GST rate. This change replaces the existing compensation cess. Companies may need to increase prices due to these higher taxes.

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Bangladesh: Osman Hadi’s brother blames Yunus government for killing, says murder aimed at stopping elections

Bangladesh News: The brother of slain Inqilab Moncho convenor Sharif Osman bin Hadi has blamed the interim government for his murder, demanding accountability. Former Prime Minister Sheikh Hasina echoed these sentiments, citing a breakdown in law and order. Protests erupted in Dhaka, with the government promising a fast-tracked trial under the Speedy Trial Tribunal.

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US: Trooper, suspect killed in shooting in Delaware

The trooper, who was not named, was working an overtime assignment at the reception desk when the 44-year-old gunman walked in, approached the trooper and fired, state police said at a news conference Tuesday night.

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Here’s the bad climate news you missed this year

Global climate efforts face challenges beyond political headlines. Reduced pollution, while good for health, accelerates warming. Green hydrogen projects are stalling, failing to meet early expectations. Higher interest rates make renewable energy less competitive. These issues, alongside dry spells affecting hydropower and deforestation for biofuels, present significant hurdles.

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Zepto IPO, Swiggy QIP bad news for Eternal investors? Jefferies analysts decode

Jefferies has reiterated its Buy rating on Eternal with a target price of Rs 480, citing strong growth prospects, improving unit economics and limited impact from Swiggy’s fundraising and Zepto’s potential IPO on competitive dynamics.

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Adani Green insider trading: Sebi ends case against Pranav Adani without any direction or penalty

Sebi has dropped insider trading charges against Pranav Adani and two others, ruling their Adani Green trades occurred after news of the SB Energy acquisition became public, making the information no longer price sensitive.

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Trump's new Ukraine plan: Major implications for global markets; Europe bristles, good news likely for India

President Trump, who says the war has “gone on too long,” has been calling on European leaders to accept his plan. On Wednesday he spoke with French President Emmanuel Macron, German Chancellor Friedrich Merz, and British Prime Minister Keir Starmer, and hinted he might travel to Europe this weekend to push negotiations forward.

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Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV

Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce leverage and hedge portfolios. Long-term investors can find opportunities in specific sectors like metals. Stocks like Vedanta and Motherson are highlighted for potential.

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Paras Defence shares soar 10% as Q2 net profit jumps 50% to Rs 14 crore

Paras Defence and Space Technologies shares surged following strong September quarter results, with net profit jumping 50% and revenue climbing 22%. The company also secured a significant Rs 35.68 crore order from the Ministry of Defence for Portable Counter-Drone Systems, alongside a Rs 3.95 crore order for Radio Frequency Jammers. This positive news has propelled the stock to new highs.

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and Nvidia's chip allocation boosting tech stocks. Despite a foggy monetary policy outlook due to scarce economic data and a government shutdown, market sentiment was supported by positive trade news and dovish Fed commentary.

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Sensex, Nifty slip 0.7% as Fed’s cautious outlook damps investor sentiment

Indian stock markets experienced a decline on Thursday. The NSE Nifty and BSE Sensex closed lower. This downturn followed the US Federal Reserve's decision to cut interest rates by 25 basis points. However, the Fed indicated no further rate cuts are expected this year. This news impacted investor sentiment globally and in India. Foreign portfolio investors sold shares.

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