News Overview

Spot gold was stable at $2,625.48 an ounce. On Thursday, U.S. gold futures dropped 0.1% to $2,639.60.

In his New Year's speech on Tuesday, Chinese President Xi announced that the nation would adopt more aggressive policies to spur growth in 2025.

In early trading, the dollar index, which compares the value of the US dollar to six other currencies, was at 108.53

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LMEL recorded an annual growth of 22% in DRI at 238,000 tonnes in the nine months. Iron ore production went up by 5% on year-on-year basis at 8.6 million tonnes.

These orders are regarding short reversal of input tax credit on common services associated with exempted supplies and excess claim of input tax credit under the reverse charge mechanism

Asian markets opened mixed on January 2.

Here are some of the stocks that may see significant price movement today: NMDC, Tata Motors, RailTel Corporation, etc.

Term deposits saw a big jump, increasing by 28.10% to ₹25,365 crore from ₹19,802 crore.