Trending Investment News: January 20, 2025
Your daily dose of financial news in a minute plus expert advisor views.
🗞️Motilal Oswal AMC Refutes Allegations on Social Media
Recent social media claims allege wrongdoing by fund managers of Motilal Oswal AMC in Kalyan Jewellers shares and subsequent terminations. The fund house strongly denies these accusations.
Expert Opinion:
“We categorically deny the baseless, malicious, and defamatory allegations circulating on social media against MOAMC and its officials,” stated the fund house. “Such baseless attacks on our integrity are completely unacceptable. MOFSL has built its reputation on ethical practices over nearly four decades.”
🗞️Adani Energy Solutions Secures Major Projects
Adani Energy Solutions has added two new transmission projects, boosting its order book to ₹54,700 crore—more than triple its value at the start of FY24.
Expert Opinion:
“Securing such projects showcases Adani Energy’s dominance and commitment to India’s energy infrastructure development. This growth reflects strategic execution and rising opportunities in the sector,” said energy analyst Arvind Mehta.
🗞️Market Cap of Leading IT Firms Shrinks by ₹1.71 Lakh Crore
Six of the top 10 valued companies witnessed a combined valuation drop, with Infosys and TCS being the hardest hit last week.
Expert Opinion:
“This decline reflects a cautious market amid global economic uncertainties. Investors should monitor IT sector earnings closely in the coming quarters,” said economic strategist Anisha Roy.
🗞️Budget 2025: ICRA Proposes Capex and Tax Relief
ICRA suggests the government target a capital expenditure of ₹11 lakh crore in FY26 and provide inflation-adjusted tax relief to lower-income groups to boost consumer spending.
Expert Opinion:
“For FY26, prioritizing capex while maintaining fiscal discipline can support infrastructure growth and long-term GDP stability,” said ICRA Chief Economist Aditi Nayar.
🗞️India’s Mobility Market to Cross $600 Billion by 2030
The Google-BCG report highlights significant growth in electric, shared, and connected mobility, contributing $100 billion to the industry.
Expert Opinion:
“India’s auto sector is at a pivotal moment. Companies must integrate EV and AI innovations while addressing the unique demands of diverse consumer groups,” said Natarajan Sankar, MD & Partner, BCG.
🗞️Kalyan Jewellers Stock Rebounds After Clarification
Kalyan Jewellers’ stock price jumped over 7% following Motilal Oswal AMC’s clarification denying bribery allegations. The stock hit an all-time high earlier this year but has since corrected by 36.86%.
Expert Opinion:
“These allegations appear baseless and malicious, designed to tarnish reputations. We remain committed to ethical practices,” stated Motilal Oswal AMC.
🗞️Trump Coin Boosts Donald Trump’s Wealth
The launch of Trump family crypto tokens has reportedly elevated Donald Trump’s net worth, with the tokens valued at $13 billion. Critics have raised ethical concerns, while supporters applaud the strategic crypto move.
Expert Opinion:
“Trump tokens demonstrate the growing influence of niche cryptocurrencies in wealth generation, but transparency and regulation remain crucial,” said crypto analyst Priya Jain.
🗞️Punjab & Sind Bank to Raise ₹2,000 Crore via QIP
The bank plans to raise ₹2,000 crore this quarter through QIP, reducing the government’s stake by 3-4% and improving its capital adequacy ratio.
Expert Opinion:
“With this move, the bank aims to enhance its capital structure while maintaining adequate fiscal discipline,” said Swarup Kumar Saha, MD & CEO, Punjab & Sind Bank.
🗞️ Market Updates: Key Indices & Commodity Rates
Sensex: Closed at 76,639.58, down by 403.24 points (-0.52%)
Nifty 50: Settled at 23,203.20, decreasing by 108.60 points (-0.47%)
Gold Rates: ₹8,080.30 per gram for 24-carat (↑₹55)
Silver Rates: ₹98,700 per kg (↑₹2,000)