1)Reliance Russia Oil Rumours Explained: Why the Stock Fell
2)Venezuela Stock Market Rally Despite Political Crash
3) Govt enters the cab business
4) Sai Silks Stock 7% fall
5) Zomato Gig Workers Update
6) Jewellery Companies Benefit From Rising Gold and Silver Prices
7)Warning for Retail Traders – Loan-Based Trading Losses
1) Reliance Russia Oil Rumours Explained: Why the Stock Fell :
On Tuesday, Reliance Industries clarified rumours reported by Bloomberg claiming that the company was receiving three vessels of oil from Russia.
Reliance responded on Twitter stating that they have not received any oil from Russia in the last three weeks, and that there are no oil deliveries scheduled from Russia in January as well. The company also mentioned that false rumours were creating negative sentiment around the stock.
This clarification confirmed that Reliance is not buying Russian oil even at discounted prices. Because of this, the market expects lower refining margins, and as a result, Reliance stock moved down.
2)Venezuela Stock Market Rally Despite Political Crash:
The Venezuela stock market index has risen by nearly 80%, even amid strong political developments involving the country.
Despite actions taken by Donald Trump against the Venezuelan president, markets have moved higher. Many people in Venezuela believe that the current president has been inefficient in managing the country and the economy.
Due to this belief, there is a growing perception that a possible change in leadership could bring better economic conditions, and this optimism is being reflected in the strong stock market rally.
3) Govt enters the cab business :
The Bharat Taxi app has been introduced and started by the Government of India in Delhi.
The pricing is similar to Uber and Ola, but in this app there is no dynamic surge pricing.
Also, drivers get higher commission compared to Uber and Ola, which could attract more drivers to the platform.
4) Sai Silks Stock 7% fall :
Sai Silks stock fell 7% on 5th December due to a decline in Q3 revenue, which dropped from ₹449 crore to ₹411 crore.
Investors were initially attracted due to the low PE valuation, but the company was unable to maintain expected growth, which led to the stock price decline.
5) Zomato Gig Workers Update :
Zomato CEO made multiple tweets stating that the average gig worker earnings increased to ₹102/hour in 2024, compared to ₹92/hour earlier.
According to the estimates, in 2025, delivery partners can earn an average of ₹26,000 per month in a basic scenario by working 10 hours a day and 26 days a month.
After deducting around 20% fuel costs, workers may still be able to save up to ₹20,000 per month.
6)Jewellery Companies Benefit From Rising Gold and Silver Prices :
Jewellery companies are posting strong results due to the continuous rise in gold and silver prices.
Jewellery companies earn a significant portion of their revenue through making charges, which are usually calculated as a percentage of the gold price. Even though the work involved remains the same, higher gold prices automatically increase making charges.
For example, if gold prices double, the making charges also double, which directly benefits jewellery companies and supports higher revenue growth.
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Titan posted 40% revenue growth in its jewellery business
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Kalyan Jewellers reported 41% growth
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Senco Gold emerged as the standout performer with 51% YoY growth
7)Warning for Retail Traders – Loan-Based Trading Losses :
A 30-year-old trader lost around ₹2 crore in trading. This money was raised by taking a personal loan, an overdraft loan from Bajaj Finance, and additional loans from NBFCs.
This is a strong warning for retail participants. Do not take loans and enter trading blindly. In stock market trading, only around 10% of people make profits in the long run.
Over the last 2–3 years, total losses for retail investors are estimated to be more than ₹2 lakh crore. Trading without proper risk management can destroy financial stability
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