Indian equities advanced as easing retail inflation boosted investor sentiment, with the Sensex jumping 0.68% and the Nifty rising 0.59%. Reliance Industries became the first Indian company to top Rs 20 lakh crore in market value. The Adani Group is finalizing a mega fundraise of Rs 60,000 crore for infrastructure projects.

Amazon's founder Jeff Bezos sold $4 billion worth of company shares, taking advantage of a 7% capital gains tax in Washington state and saving himself millions of dollars. With the stock up 13% this year, Bezos has made use of a previously established trading plan to sell stocks after moving to Florida where there is no capital gains tax.

📌Wipro has invested $66 million in the US-based Aggne Global Inc. to strengthen its consulting and services capabilities in the insurance sector. 📌Moody’s has reaffirmed its investment grade rating at Baa3 on Adani Ports. 📌Sula Vineyards has registered net profit at Rs 43 crore for the October–December period of FY24.

Asian shares fell, dollar and Treasury yields rose as traders discounted the likelihood of rate cuts by the Federal Reserve this year after U.S. inflation exceeded expectations. Global stocks have been pressured since last year's strong rally on hopes for rate cuts by major central banks, with Japan's Nikkei also declining after recent gains aided by a weaker yen.

Gold prices remained low at about $2,000 per ounce after a strong U.S. inflation report reduced expectations for multiple interest rate cuts from the Federal Reserve. Traders now predict that the first rate cut won't happen until June, causing stock markets to fall and the dollar to strengthen. Investors are now focusing on upcoming economic data and speeches from Fed officials.

Asian shares tracked a negative lead from Wall Street on Wednesday, while the dollar and Treasury yields jumped as traders pared back expectations for the pace and scale of rate cuts by the Federal Reserve this year. The latest shift in rate expectations came after an upside surprise in U.S. inflation on Tuesday which showed the consumer price index (CPI) rising 3.1% on an annual basis.

Sula Vineyards, India's largest wine producer, saw a 9% increase in third-quarter profit due to higher demand for premium brands and wine tourism. The company's net profit rose to 429.8 million rupees, with a 4% rise in revenue from its main wine segment and a 16% rise in revenue from wine tourism. Total revenue was at 2.18 billion rupees, with an increase in EBITDA margins.

According to a survey by KKR & Co., family offices decreased their stock holdings from 31% to 29% in 2023, turning toward tangible investments such as real estate and timber. This shift coincided with rising interest rates and the S&P 500's record high gains of 24%. Investment officers are now focusing on private credit, infrastructure, and private equity for the future.

Wall Street's main indexes slid at open on Tuesday after a hotter-than-expected consumer inflation reading drove U.S. Treasury yields higher, squashing market speculations for imminent interest rate cuts. The Dow Jones Industrial Average fell 98.21 points, or 0.25%, at the open to 38,699.17. The S&P 500 opened lower by 53.90 points, or 1.07%, at 4,967.94, while the Nasdaq Composite dropped 343.67

FYERS, a brokerage platform, is now displaying real-time updates on the uptime and downtime of its functions such as trading, market data feed, login, and exchange connectivity. This will help traders better manage risk and avoid financial losses from tech issues. CEO Tejas Khoday believes this will combat misinformation and mass panic and increase trust in the platform.

Moody's has changed the outlook on debt papers of four Adani Group companies to stable, affirming the ratings of all eight companies. This comes after S&P upgraded Adani Ports and Adani Electricity. This change follows concerns over capital access and governance practices due to a report by Hindenburg Research. However, the group has shown continued access to debt capital and equity market.

IRCTC, the catering and ticketing arm of Indian Railways, reported a net profit of Rs 300 crore for the December quarter, a growth of 17.4% from the year-ago period. Its revenue also increased by 21.8%, reaching Rs 1,118.3 crore. The company's EBIDTA was at Rs 394 crore with a margin of 35.2%. This shows a steady growth in the company's financial performance.

-Paramount Global is laying off about 800 employees, or roughly 3% of its workforce, CNBC reported on Tuesday, citing a person familiar with the matter.The affected workers will be notified Tuesday, the report quoted Chief Executive Officer Bob Bakish as saying in an internal memo to employees."These adjustments will help enable us to build on our momentum and execute our strategic vision.

Rakesh Jhunjhunwala, India's Big Bull, was known for his optimism and confidence in the Indian market. His close aide Hiren Ved says that Jhunjhunwala would have advised investors to be cautious while buying, but not to sell. He believed in staying committed to the bull market even when it slows down. Jhunjhunwala also championed PSU banks, stating that they were undervalued.

Zee Entertainment Enterprises Ltd is focusing on cost reduction, synergy improvement, and quality enhancement after its merger with Sony Pictures fell through. It aims to regain margins by optimizing spends, increasing value delivery to advertisers, and exploring alternative content monetization. Despite a dip in net profit, domestic ad revenue increased due to cricket.