News Overview

In the most recent bulk deal, foreign investor Smallcap World Fund offloaded 8.51 lakh shares, equivalent to a 0.57% stake in Polycab India, at a price of Rs 3,599.87 per share.

US consumer inflation for Dec-23 came in 30 bps higher at 3.4% as energy prices are back to haunt

Here is how the 10 biggest mutual fund AMCs by equity AUM, juggled stocks in December 2023

Brent crude prices were up $1.81, or 2.3%, at $79.22 a barrel, while U.S. West Texas Intermediate crude futures were trading $1.80, or 2.5% higher, at $73.82.

A quick check on the large cap, mid-cap, and small cap stocks that MFs bought and sold in December 2023.

BSE Sensex and Nifty 50 Display Positive Movement on January 11.

Here are some of the stocks that may see significant price movement today.

According to the CME Group's FedWatch Tool, traders are pricing in a 73.2% chance that the first 25 basis point cut will occur in March, with multiple additional cuts to come.

BSE midcap and smallcap indices both saw a 0.5% uptick.

IPO applications must be submitted by 5 pm today, with anticipated listing on BSE and NSE on January 16 and share allotment on January 12.