Kalyan Jewellers Shares In Focus
Kalyan Jewellers Q3 Business Update (YoY)
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India operations revenue growth at 42%.
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Revenue growth driven by strong festive demand.
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Same-store sales growth at approximately 27%.
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International operations revenue growth at 36%.
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International markets contribution to consolidated revenue at around 11%.
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Digital-first jewellery platform Candere records 147% revenue growth.
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Total showrooms as of Dec. 31 at 469.
Trade Setup For Jan. 7: Nifty Maintains Positive Bias Despite Losses
The Indian stock market indices extended losses on Tuesday to end lower on expiry day. Despite this, analysts project that the NSE Nifty 50 is likely to maintain a positive bias in the upcoming sessions.
“From a technical standpoint, Nifty continues to hold above the breakout zone and remains above key short-term moving averages, thereby maintaining a positive bias,” said Rajesh Bhosale, equity technical analyst at Angel One.
Click here for the support and resistance levels of the day.
Nifty Today: What F&O Cues Indicate
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Nifty January futures down by 0.19% to 26285 at a premium of 108 points.
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Nifty January futures open interest up by 1.58%.
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Nifty Options on Jan 6: Maximum Call open interest at 26200 and Maximum Put open interest at 26,150.
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Securities in ban period: SAIL and Sammaan Capital
Dollar Check
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The US Dollar index is down 0.07% at 98.272.
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Euro was up 0.09% at 1.1700.
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Pound was up 0.05% at 1.3508.
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Yen was up 0.05% at 156.71.
Stock Market News Live: Global Check
US equities closed at fresh highs Tuesday, extending gains on investor confidence in artificial intelligence and expectations of easier monetary policy from the Federal Reserve.
The S&P 500 rose 0.6%, surpassing its previous closing peak from late December. The tech-heavy Nasdaq 100 advanced 0.9%, while the small-cap Russell 2000 jumped 1.4%.
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S&P 500 futures were unchanged as of 9:13 a.m. Tokyo time
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Hang Seng futures fell 0.1%
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Japan’s Topix fell 0.5%
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Australia’s S&P/ASX 200 rose 0.2%
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Euro Stoxx 50 futures rose 0.2%
Stock Market News Live: Global Check
Asian equities, off to their strongest-ever start to a year, eased on Wednesday as Japanese shares declined amid rising tensions with China.
The Nikkei 225 fell 0.4% at the open, pulling the MSCI Asia Pacific Index lower after four consecutive days of gains. The yen weakened slightly against the dollar. Futures also pointed to a softer open for Hong Kong stocks, following a 0.6% rise in the S&P 500 overnight that pushed it to a new closing record.
Stock Market Live Updates: GIFT Nifty Hints At Negative Opening
Good morning readers.
The GIFT Nifty was trading near 26,200 early on Wednesday. The futures contract based on the benchmark Nifty 50 fell 0.26% at 26,208.5 as of 6:49 a.m. indicating a negative start for the Indian markets. This comes as the Asian markets took a breather after four days of gains.
In the previous session on Tuesday, the benchmark ended lower. The NSE Nifty 50 ended 71.60 points or 0.27% lower at 26,178.70, while the BSE Sensex closed 376.28 points or 0.44% lower at 85,063.34.
. Read more on Markets by NDTV Profit.