Iran's judiciary will not show leniency to "rioters" despite acknowledging the public's right to protest. These demonstrations, sparked by economic issues, have spread across the country. The US has warned Iran of severe consequences if more demonstrators are killed. Meanwhile, Israel expresses solidarity with the Iranian people's aspirations for freedom. Protests are being closely monitored.
On Jan. 5, 2024, a door plug on Alaska Airlines jetliner blew out shortly after takeoff from Portland, Oregon, forcing the 171 passengers and six crew to don oxygen masks before the pilots made an emergency landing. No one was seriously hurt, but the sudden depressurization left a gaping hole in the Boeing 737 Max 9 aircraft.
Euro zone government bond yields held steady on Monday, after the U.S. strike on Venezuela and capture of President Nicolas Maduro at the weekend sparked a modest pickup in investor risk appetite that translated into gains in stocks and cryptocurrencies.
Gandhar Oil Refinery shares surged on heavy volumes, amid heightened investor interest possibly linked to USVenezuela geopolitical tensions. Trading activity spiked sharply, with over 21 lakh shares exchanged versus a two-week average of 20,000, reflecting strong momentum in the stock.
Nifty extended its bullish momentum by closing at a fresh record high, supported by a strong technical structure and positive momentum indicators. Analysts highlight sustained buying interest, favourable derivatives signals and a continued uptrend across timeframes, suggesting a buy-on-dips strategy remains suitable in the near to medium term.
Waaree Energies shares dropped amid heavy selling, with volumes sharply above the recent average. The decline comes days after the stocks inclusion in the NSEs F&O segment from the January series, which appears to have triggered increased trading activity and volatility.
Despite geopolitical shifts, equity market fundamentals remain strong, with technology and AI continuing to attract investor interest. Matt Orton of Raymond James advises focusing on growth, earnings expansion, and margin improvement, highlighting cyclical sectors like financials, industrials, and defense as key opportunities globally.
Defence stocks witnessed a sharp uptick on Monday after the US launched a major military operation in Venezuela over the weekend, heightening geopolitical tensions. Investor interest rose across HAL, BEL, BDL, Solar Industries, and MTAR as markets priced in expectations of higher global defence spending.
