Excessive spending on credit cards can spoil credit score: HDFC’s market value reduced by ₹ 70,479 crore, market fluctuations expected this week.

Excessive spending on credit cards can spoil credit score: HDFC’s market value reduced by ₹ 70,479 crore, market fluctuations expected this week.


New Delhi51 minutes ago

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Yesterday’s big news was related to the stock market. In terms of market valuation, the value of 5 of the country’s 10 largest companies has decreased by Rs 1.86 lakh crore in last week’s trading. Whereas, the combined value of top 5 companies has increased by Rs 1.03 lakh crore.

At the same time, there may be ups and downs in the stock market this week. Many big companies of the country will release their third quarter results within a week. Apart from this, there are many other factors which will decide the movement of the market.

Before tomorrow’s big news, today’s major events to keep an eye on…

  • The stock market may see a decline today.
  • Today the retail inflation data for December 2024 will come.
  • Lakshmi Dental Limited’s IPO is open for investment from today.
  • There has been no change in the prices of petrol and diesel.

Now read tomorrow’s big news…

1. Forecast of market fluctuations this week: Many factors like Q3 results of companies, inflation data will decide the movement of the market.

There are expectations of fluctuations in the stock market this week. During this period, companies like Reliance, Infosys, HCL Tech, Tech Mahindra, Wipro, Kotak Mahindra Bank, Axis Bank will release the results for the third quarter of the financial year 2024-25.

After the sharp decline in the market last week, the market is expected to strengthen in the week starting from January 13, but the earnings data of the companies, monthly inflation data of America and Europe, quarterly growth data of China and announcement of crude oil prices will not be available. Like many factors will decide the movement of the market.

Click here to read the full news…

2. Value of 5 in top-10 companies fell by ₹ 1.86 lakh crore: HDFC’s market cap decreased by ₹ 70,479 crore, stock market fell by 1845 points last week.

In terms of market valuation, the valuation of 5 out of the top-10 companies of the country has decreased by Rs 1.86 lakh crore in last week’s trading. During this period, the country’s largest private sector bank HDFC and FMCG company ITC were the top losers.

The market cap of HDFC Bank has decreased by Rs 70,479 crore to Rs 12.67 lakh crore. At the same time, the value of ITC has fallen by Rs 46,481 crore to Rs 5.57 lakh crore.

Click here to read the full news…

3. Missing mutual fund SIP affects investment: To avoid missing SIP, fix the date immediately after salary.

Systematic Investment Plan i.e. SIP is a disciplined way of investing regularly in mutual funds. Every month Rs 26 thousand crores are coming into various mutual fund schemes in the country through SIP.

In most cases, the amount is auto-debited from the bank at the scheduled time. But sometimes due to circumstances or negligence, investors default in paying SIP installments. In such a situation, what effect will missing SIP have on your investment?

Click here to read the full news…

4. Excessive spending on credit cards can spoil your credit score: Avoid spending more than 30% of the limit, do not apply too much for loan.

Credit card usage is increasing rapidly in the country. Many times people pay bills with credit cards in the hope that this will increase their credit score. However, some people find it frustrating that their credit score remains stagnant or continues to fall despite consistent spending.

Here are some of the major reasons why a customer’s credit score may not improve despite making bill payments on time. Credit scores range from 300 to 900. Scores below 650 are considered poor.

Click here to read the full news…

5. No parking fee on EV in the entire state for 1 year: Tax will increase on petrol and diesel cars worth more than Rs 25 lakh, subsidy will be available on EV.

After a wait of one and a half years, the Urban Development and Housing Department has prepared the draft of the state’s new EV Policy-2025. The policy can be issued by the end of this month.

According to the draft, EVs will get exemption in parking charges for one year in the entire Madhya Pradesh. This also includes malls and private shopping complexes. Apart from this, subsidy will also be available on initial EV. For this, you will have to go to the EV portal and claim vehicle subsidy online.

Click here to read the full news…

Also see who are the top 10 richest people in the world…

The market was closed on Saturday and Sunday due to weekly holiday, so know the condition of share market and gold and silver on Friday…

Know the latest price of petrol, diesel and gas cylinder…



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