From FII selling to fears around HMPV virus, here's why the Indian markets crashed on Monday, January 7, 2025

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Markets Today Highlights: All sectoral indices ended in the red, with Nifty PSU Bank being the worst hit, ending down by 4 per cent, dragged by Union Bank of India, and Bank of Baroda

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Stocks to Buy Today for Upside, Jan 6, 2025: TATAMOTORS has witnessed a steep correction of nearly 40 per cent from its peak of Rs 1,179 in the past five months and has plummeted to oversold terrain

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The new-gen Hyundai Creta crossed 100,000 unit sales within six months in 2024, with annual sales of 186,919 units. The SUV accounted for 31 per cent of the brand's overall sales during the year

Creta

A senior British politician pushed back Friday on Elon Musk's criticism of the government's handling of a historic child grooming scandal.
In recent days, Musk has shared and reacted to posts on his X platform that have been critical of the British government after it rejected a call for a public inquiry into the grooming scandal in the north of England town of Oldham.
Though Health Secretary Wes Streeting said Musk's views were was "misjudged and certainly misinformed, he urged the world's richest man and close confidant of US President-elect Donald Trump to work with the government on tackling the issue of child sexual exploitation.
The government has argued that Oldham must follow in the footsteps of other towns and commission its own inquiry into the historical abuse of mainly girls.
A 2022 report into safeguarding measures in Oldham between 2011 and 2014 found that children were failed by local agencies, but that there was no cover-up despite legitimate concerns that the ...

Elon Musk

The brand, which started in 2020, is known for its ingredient-based skincare products and raised funds in its Series A from Unilever Ventures and Sequoia Capital India

Hindustan unilever, HUL

In smaller Indian cities and towns, where opportunities for advancement are few and dwindling, the nounis emerging as something of a social and cultural phenomenon

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The vaccines allowed Covid to be treated as an aberration, but we must not forget what it really was: A preview of the kind of planetary challenges that await us

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The police said that Kangpokpi Superintendent of Police Manoj Prabhakar was injured in the attack

Manipur Security, Security

Food and Consumer Affairs Minister Pralhad Joshi on Monday said the government will soon take a decision on increasing the minimum support price (MSP) of sugar.
The MSP of sugar remains unchanged at Rs 31 per kg, a rate established in February 2019. However, industry bodies have demanded  for an increase due to rising production costs and economic pressures faced by sugar mills.
"There is a demand. The department is seized of the matter. We will take a decision whether to increase or not shortly," Joshi told reporters on the sidelines of an event here.
Indian Sugar and Bio-Energy Manufacturers Association (ISMA) and National Federation of Cooperative Sugar Factories (NFCSF) are pushing for an increase in the MSP to Rs 39.14 per kg or even Rs 42 per kg to better reflect production costs and support the financial health of sugar mills in India.

The oil marketing companies (OMCs) in their second tender for supply of 0.88 billion litres of ethanol in 2024-25 supply year have for the first time said that preference would be given to ethanol produced from cooperative sugar factories, officials

Jan Suraaj Party founder Prashant Kishor was on Monday arrested for his illegal fast unto death and sent to jail upon refusal to accept bail, granted by a court here with conditions that were deemed "unreasonable".
The 47-year-old, who was last week booked for holding 'Aamaran anshan' (fast unto death) at Gandhi Maidan, in violation of a Patna High Court order that forbids any such demonstration at a place other than Gardani Bagh locality in the city, declared that he would continue his agitation from behind bars.
Senior lawyer Y V Giri, who is actively associated with Kishor's party, said the bail was granted with an unreasonable condition that Kishor must give a written undertaking, which would have been tantamount to admitting guilt.
The former poll strategist, who started his fast unto death on January 2, demanding, among other things, cancellation of the Combined Competitive Examination conducted last month by the Bihar Public Service Commission (BPSC), was rounded up along wit

Prashant Kishore, Prashant

There are more than 1.55 crore registered voters in Delhi, showing an increase of 1,67,329 electors in over two months, according to the final electoral roll published on Monday.
The Office of Delhi Chief Electoral Officer (CEO) published the Special Summary Revision (SSR), 2025 ahead of the assembly elections.
The total number of voters in the city are 1,55,24,858, including 83,49,645 male voters, 71,73,952 female voters and 1,261 third-gender voters.
According to a statement from the office of Delhi CEO, over 5.1 lakh applications for new voter registration were received in the last 20 days, an unprecedented surge after the official claims and objections period ended on November 28, 2024.
The updated roll reflects a net increase of 1,67,329 voters since the draft publication on October 29, 2024, the statement said.
The Delhi electoral roll has witnessed a rise of 8,06,739 voters since the 2024 Lok Sabha elections. On January 22, 2024, before the Lok Sabha polls, the total number

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The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Govt to soon take decision on increasing MSP for sugar: Pralhad Joshi

Prashant Kishor arrested for 'illegal' fast, refuses bail over conditions

Over 15.5 mn registered voters in Delhi, 167,329 added in 2 months

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HMPV virus, Trump inauguration, FII selling: Why Sensex crashed 1400 points

Stock Market Crash Highlights: Sensex sheds 1,258 pts in broad sell-off, Nifty at 23,616; VIX up 15%

KEC, Tata Motors: Osho Krishan of Angel One picks 2 stocks to buy today

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