Industry Trends

Asian stocks today: Markets trade mostly in red; Nikkei sheds 1%, HSI remains flat

Asian markets opened lower Tuesday amid renewed trade tensions and political developments in Japan. Investors reacted to US President Trump's tariff threats and a potential parliamentary dissolution in Japan, which boosted government bond yields. Attention now shifts to US corporate earnings and inflation data ahead of the Federal Reserve's meeting.

Layoffs / Restructuring

Ola Electric Mobility shares tank 7%, down for 10th consecutive session. What’s triggering the fall today?

Ola Electric Mobility shares dropped significantly after CFO Harish Abichandani resigned, citing personal reasons. This marks the second executive departure in two months. The company also launched its first residential Battery Energy Storage System, 'Shakti', powered by its indigenous 4680 Bharat Cells, aiming to transform energy access for households and businesses.

Industry Trends

India bonds rise on bargain buying, state debt sale eyed

Indian government bonds saw a firming trend Tuesday, driven by bargain buying as the 10-year yield held below a crucial level. Reduced state debt supply for the week also bolstered sentiment. Traders anticipate limited market movement until the federal budget announcement on February 1, with focus shifting to a significant state debt sale later today.