CPI, Chips and Court Rulings: What could move US markets this week
Global markets return to action as investors track US inflation data, AI-driven chip earnings, court rulings on tariffs and major bank results. Geopolitical tensions and shifting rate expectations are set to shape sentiment across equities, currencies and bonds this week.
Tejas Networks shares plunge 8%, hit 52-week low as Q3 loss widens, revenue tanks 88% YoY. Check details
Tejas Networks has hit a troubling 52-week low in its share prices following a significant loss reported for the December quarter. This decline can be attributed to a drastic reduction in sales figures and challenges with deferred purchase orders from BSNL.
Gold jumps to record high on Fed subpoenas and Iran tensions
Gold surged to a record high as the US Justice Department threatened the Federal Reserve with a criminal indictment, while escalating protests in Iran heightened geopolitical tensions. This, coupled with expectations of further US interest rate cuts, boosted bullion’s appeal. Silver also neared its all-time peak, reflecting broader market uncertainties.
Negative Breakout: These 11 stocks cross below their 200 DMAs
In the Nifty500 pack, the closing prices of 21 stocks fell below their 200-day moving averages on January 9, according to StockEdge.com’s technical scan data. Of these, we have highlighted 11 stocks that slipped more than 2%. Trading below the 200 DMA is considered a negative signal as it indicates that the stock’s price is […]
Fed’s Powell says administration has threatened criminal indictment over his Senate testimony
Federal Reserve Chair Jerome Powell revealed Sunday that the Trump administration has threatened him with a criminal indictment. This follows grand jury subpoenas served to the Fed on Friday, which Powell described as a “pretext” to pressure him in a dispute over interest rates. The subpoenas are related to his testimony before the Senate Banking […]
Asian stocks open higher after US gains, oil rises
Asian equities opened higher, mirroring US stock gains driven by benign jobs data. Oil prices climbed as protests intensified in Iran, raising geopolitical concerns. Despite lingering uncertainties, global markets exhibit a fragile calm, with tech shares potentially boosted by strong Taiwanese semiconductor revenue.
Nifty in a bear hug, needs to break above 26,100 levels: Analysts
Indian equity markets face a bearish outlook as the Nifty breaks key supports. Analysts predict further declines, with the Nifty potentially testing the 25,300 to 25,350 levels. Sentiment is unlikely to improve without a strong rebound above 26,100. Investors are advised to adopt a sell-on-rise strategy.
TCS to log a steady Q3 amid AI pivot, IT spending trend in focus
Tata Consultancy Services and HCL Technologies will announce their December quarter results. Both companies are expected to show modest revenue increases. Analysts are watching for management insights on IT budgets for 2026 and the impact of artificial intelligence. Client spending and order pipelines will be crucial indicators for future growth.
India’s risk-reward prospects fine but not stellar; China threat a worry: Bhanu Baweja, UBS Investment Bank
Gold and silver are predicted to rise significantly. US equities are expected to deliver decent but moderate returns in 2026. India’s equity market faces challenges, with valuations not yet corrected and high earnings expectations. China’s growing market share in emerging economies is a concern. US tariffs may lead to slight inflation, impacting consumers.
Oil marketers may gain, producers may drain in Q3
Oil marketing companies are poised for strong earnings growth in the December quarter, driven by robust refining margins and improved fuel price spreads. Upstream producers, however, face pressure from lower crude oil prices, while city gas distributors are expected to report healthy volumes and expanding margins despite some headwinds.