Stock Market Today LIVE Updates, Jan 9: 
In the broader markets, the Nifty MidCap and SmallCap indices were flat

Stock Market LIVE Updates: Sensex off day's low, down 350 pts at 77,780; HUL, M&M lead recovery

Four devotees, including three women died and several more were injured in a stampede here on Wednesday night as hundreds of them jostled for tickets for Vaikunta Dwara Darshanam at Lord Venkateswara Swamy temple on Tirumala Hills, a police official said.
Hundreds of devotees turned up from across the country for the 10-day Vaikunta Dwara Darshanam commencing from January 10.
"Three women and a man died in the stampede," the official confirmed to PTI.
Meanwhile, videos of police administering CPR on a couple of woman devotees and injured persons being shifted in ambulances went viral.

Tirupati stampede

Markets regulator Sebi on Wednesday said it has issued guidelines on the regulatory framework for research analysts and investment advisers to bolster investor protection and ensure transparency.
These guidelines came after the regulator notified the research analyst (RA) rules and investment adviser (IA) norms in December last year.
The new norms encompass qualification standards, fee structures, deposit requirements, and client segregation protocols.
The regulator introduced fresh compliance mandates, particularly for entities utilising artificial intelligence (AI) tools in their services.
Under the revised framework, Sebi said research analysts are required to maintain a deposit based on their client base, ranging from Rs 1 lakh for up to 150 clients to Rs 10 lakh for over 1,000 clients.
These deposits aim to provide additional security for investors.
Also, investment advisers are mandated to follow a graded deposit system tied to client numbers.
Existing IAs must comply with

SEBI

Rising data usage, premiumisation may push existing users towards postpaid in FY26

Telecommunications

The initial public offer of Standard Glass Lining Technology Ltd got fully subscribed within minutes of opening for share sale on Monday and finally ended the day with 13.32 times subscription.
The public issue received bids for 27,75,00,862 shares against 2,08,29,567 shares on offer, translating into 13.32 times subscription, as per NSE data.
The quota for non-institutional investors garnered 25.42 times subscription while Retail Individual Investors (RIIs) part fetched 14.46 times subscription. Qualified Institutional Buyers (QIBs) portion received 1.82 times subscription.
Standard Glass Lining Technology on Friday said it has mobilised Rs 123 crore from anchor investors.
The issue, with a price band of Rs 133-140 per share, will conclude on January 8.
The Rs 410.05 crore public issue is a combination of fresh issuance of equity shares worth Rs 210 crore and an Offer For Sale (OFS) of up to 1.43 crore shares by promoters and other selling shareholders, according to the Red Herri

The Gini coefficient measures the extent to which the distribution of income among individuals or households within an economy deviates from a perfectly equal distribution

Inequality, economic inequality

Challenging the decision of the Biden Administration to investigate the activities of Indian billionaire Gautam Adani and his companies, an influential Republican lawmaker on Tuesday said such selective actions risk damaging critical alliance partners.
In a strongly worded letter to US Attorney General Merrick B Garland, Congressman Lance Gooden, member of the House Judiciary Committee, demanded answers on the Justice Department's selective prosecution of foreign entities and the potential harm such actions pose to US's global alliances and economic growth and that if there is any Geroge Soros connection to it.
The Department of Justice's selective actions risk damaging critical alliances with key partners like India, one of America's strongest allies in the Asia-Pacific region, Gooden said in his letter dated January 7.
Instead of pursuing cases with tenuous jurisdiction and limited relevance to US interests, the DOJ should focus on punishing bad actors at home, rather than chasing

Gautam Adani, Adani

The temporary work permits are the only real way to employ Indian immigrants in the US, since national caps make it nearly impossible for them to get a green card

H-1B Visa

Battery swapping will only increase the cost for a consumer to run the vehicle, say e2W players

electric two wheeler

The Board of School Education, Haryana (HBSE) has declared the upcoming Class 10 and 12 annual exams datesheet. Exams are set to begin in late February and end in early April 2025

HBSE board exams 2025

The Rashtrapati Bhavan (Circuit-1) will remain closed for the general public from January 21 to 29 due to the upcoming Republic Day Parade and Beating Retreat ceremony, according to an official statement issued on Thursday.
Circuit 1 takes the visitors on a tour of the main building of the Rashtrapati Bhavan, showing them the forecourt and premier rooms of the Bhavan and long drawing room among others.
The change of guard Ceremony will also not take place on January 11, 18 and 25 at the Rashtrapati Bhavan due to rehearsal for the Republic Day parade, said the statement issued by the president's office.
The change of guard ceremony, held in the forecourt of the Rashtrapati Bhavan, is a military tradition. It is held every week to enable a fresh group of the President's Bodyguards to take charge.

Rashtrapati Bhavan, Food, Droupadi Murmu

Finance Secretary Tuhin Kanta Pandey on Thursday took charge as Revenue Secretary in the Ministry of Finance.
The Appointments Committee of the Cabinet on Wednesday appointed Pandey, who was holding the charge of the Department of Investment and Public Asset Management (DIPAM) and Department of Public Enterprises (DPE), as the Revenue Secretary. The order also stated that Pandey will continue to be designated as the Finance Secretary.
In September last year, Pandey, a 1987-batch IAS officer from Odisha cadre, was appointed the Finance Secretary.
The Finance Ministry has six departments -- Revenue, Economic Affairs, Expenditure, Financial Services, DIPAM and DPE -- and the senior most bureaucrat in the ministry is designated as the Finance Secretary.
Before serving as Secretary in the DIPAM, Pandey held many significant positions in the Union government and the Odisha government, in addition to serving a stint in the Regional Office of the United Nations Industrial Development ...

tuhin kanta pandey

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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HBSE board exams 2025: Class 10th, 12th timetable out at official website

Rashtrapati Bhavan closed for visitors from Jan 21-29 for R-Day parade

Tuhin Kanta Pandey take charge as revenue secretary in finance ministry

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Stock Market Close Highlights: Sensex sheds 528pts, Nifty at 23,526; IT, financials shares dip

At least 6 killled, several injured in stampede at Tirupati temple

Sebi issues new guidelines for research analysts, investment advisers

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