Indian manufacturing firm Zetwerk Pvt is planning an initial public offering in Mumbai, aiming to raise at least $500 million. The company is working with several banks and could be valued at around $5 billion. Zetwerk aims to list this year and is backed by investors including Peak XV Partners and Lightspeed India Partners.

Indian headline indices broke a four-session losing streak due to gains in banks and auto stocks, despite pressure on IT stocks. The December CPI inflation eased to a four-month low, contributing to the positive market sentiment. Analysts highlighted the formation of a bullish Harami Cross pattern on the Nifty chart.

Shanti Gold International has submitted draft papers to Sebi for an IPO to issue 1.8 crore new equity shares. Funds will be used for a new Jaipur facility, working capital, debt payment, and corporate purposes. The company, known for gold jewellery, reported increased revenue and profit in FY24. Choice Capital Advisors is the lead manager.

The dollar reached near its strongest level in over two years as economic data led investors to reduce expectations for Federal Reserve rate cuts. Traders await U.S. inflation data amid tariff concerns. Treasury yields and the euro experienced fluctuations, with market attention on upcoming policy decisions and economic indicators.

Stallion India Fluorochemicals has set a price band of Rs 85-90 per share for its IPO launching on January 16, targeting Rs 199.45 crore at the upper end. The IPO includes a fresh issue and an OFS by promoter Shazad Sheriar Rustomji. Funds will support working capital, new facilities, and general corporate purposes. The company reported Rs 14.

The daily chart continues to display a negative pattern with lower tops and bottoms, indicating a potentially further downward trend. The current upside bounce could lead to another lower-top formation in the short term. If Nifty moves higher, it could face a strong resistance at the recent down gap from January 13 around the 23,350 levels. According to Nagaraj Shetti of HDFC Securities, the near-term trend remains weak, and the bounce could present a sell-on-rise opportunity near 23,350, with immediate support at 23,050 levels.

Indian markets ended a four-day losing streak, with Sensex rising 169 points and Nifty gaining 90 points. Eased inflation and bullish technical patterns fueled optimism despite IT sector losses.

Gold prices in New Delhi dropped by Rs 80 to Rs 80,580 per 10 grams, ending a five-day gain, while silver prices fell notably by Rs 1,300 to Rs 91,700 per kg amid weak global trends and low demand. Investors are monitoring US economic data for further insights.

The 30-share BSE benchmark Sensex rose 169.62 points or 0.22% to settle at 76,499.63. During the day, it surged 505.6 points or 0.66% to 76,835.61

The BSE Sensex and Nifty closed higher on Tuesday, with the Sensex rising 170 points (0.22%) to 76,499.63 and the Nifty adding 90.10 points (0.39%) to finish at 23,176.

Saba ranked

Surya Roshni share price: The stock, which slipped to a one-year low of Rs 230.95 in early trade, settled 20 per cent higher at Rs 280.60. It saw high trading volume on BSE as around 2.19 lakh shares changed hands.

Indian markets rebounded on Tuesday, with the Sensex gaining over 160 points and Nifty50 surpassing 23,100. Momentum, PSU, and metal stocks led gains, while FMCG and IT lagged.

Persistent challenges such as high interest rates, affordability gaps, and liquidity constraints continue to affect homebuyers.

The local unit has plunged more than Re 1 in the past two weeks from the closing level of 85.52 on December 30.

Failing to have a Will could result in assets being inherited by persons you may not have intended or may be fragmented amongst multiple people

The Nifty IT index closed 2.13 per cent at 43061.20.

Punjab & Sind Bank, Indian Overseas Bank, UCO Bank, Central Bank, and Bank of Maharashtra have received approval to raise Rs 2,000 crore each, with fund-raising starting in small tranches from Q4, ET Now reported. Additionally, the government has directed DIPAM to divest stakes in five PSU banks through the offer-for-sale route.

Kalyan Jewellers shares, which closed at Rs 787.75 on January 2 fell to Rs 572.65 on the January 13, slipping 27.30% during the period.

The Nifty Pharma index closed 1.37 per cent at 22203.90.

Central Bank soared 20 per cent to hit its upper circuit level of Rs 56.24. IOB shares settled 19.56 per cent higher at Rs 54.34. UCO Bank, PSB and BoM shares jumped 18 per cent, 14.67 per cent and 12.26 per cent, respectively.

​Sandeep Tandon stays bullish on energy and utility stocks, despite a 20-25% correction in largecap energy names. He expects strong performance in these sectors until 2030-2032.

Confused about Hindu Undivided Family (HUF) units? This guide answers the most common questions about their tax advantages, formation, income types, and legal intricacies. Get expert insights on how to effectively manage your HUF for maximum tax savings and compliance.

Brokerage firm Bernstein has updated its India model portfolio, adding five new stocks and removing four.

After a 4-day losing streak, Indian benchmark indices turned positive on Tuesday, supported by PSU Banks, metals, and auto stocks. The Sensex and Nifty rose marginally, with the Nifty PSU Bank and Metal indices surging while the IT sector lagged.

After a 4-day losing streak, Indian benchmark indices turned positive on Tuesday, supported by PSU Banks, metals, and auto stocks. The Sensex and Nifty rose marginally, with the Nifty PSU Bank and Metal indices surging while the IT sector lagged.

Indian equity benchmarks rose, but four Nifty 500 stocks hit 52-week lows, including MRF, LIC, Adani Wilmar, and AIA Engineering, reflecting declines in the last year ranging from 5% to 27%.

The Indian rupee hit an all-time low of 86.6475 on Tuesday due to strong dollar bids, partially spurred by maturities in the NDF market. RBI intervention helped limit losses. The rupee saw its sharpest decline in nearly two years on Monday due to a robust dollar, influenced by optimistic U.S. job reports affecting interest rate cut expectations.

The Indian rupee hit an all-time low of 86.6475 on Tuesday due to strong dollar bids, partially spurred by maturities in the NDF market. RBI intervention helped limit losses. The rupee saw its sharpest decline in nearly two years on Monday due to a robust dollar, influenced by optimistic U.S. job reports affecting interest rate cut expectations.

Bombay High Court had given an interim relief by ordering the tax department to extend the revised and belated ITR filing deadline to January 15, 2025 to enable taxpayers to claim 87A tax rebate.

The revenue from operations in Q3FY25 reached Rs 935 crore, marking a 39% increase compared to Rs 671 crore in the same quarter of the previous financial year.

Ixigo initially leveraged its platform to successfully cross-sell flight and bus ticketing services to its existing lower-tier customer base. This strategy has proven highly effective, with nearly 94% of transactions on their app originating from or destined for lower-tier cities. As a result, Ixigo now enjoys the highest monthly active user traffic among all domestic online travel agencies, solidifying its position in the market.

Jio Financial Services Ltd and Zomato Ltd are likely to be included in the Nifty50 Index in the upcoming rejig of the benchmark index, suggests a report from JM Financial.

Crypto prices show recovery after a drop, with Bitcoin rebounding to $94,856, up 1.2%. Ethereum slips 0.9%. Bitcoin finds support at $89,200, and institutional moves, like BlackRock’s Bitcoin ETFs, boost sentiment. Altcoins such as Dogecoin and XRP gain, while stablecoins dominate the market volume at 92.61%. Bitcoin’s market cap rises to $1.879 trillion.

HCLTech CEO C Vijayakumar and CFO Shiv Walia elaborate on their Q3 performance and forecast. They report improvements in the spending and demand environment. While services revenue met expectations, software revenue was slightly lower. The company aims to enhance margin and revenue through strategic initiatives. HCLTech anticipates steady growth in Q4 despite some moderation due to project completions.

Silver ETFs offer Indian investors a modern, efficient way to invest in silver without the hassles of physical ownership. With Rs 14,000 crore invested, these ETFs provide security, convenience, and diversification. Silver’s dual role as a precious metal and industrial commodity makes it a versatile investment, especially during inflation. Silver ETFs can hedge against market volatility and enhance portfolio stability.

Quant funds are ideal for long-term investors, those seeking stability, and risk-averse individuals. Utilizing data-driven models, they offer diversification, consistency, and efficient risk management, but can be complex and depend heavily on the accuracy of their underlying data.

Shares of Adani Power zoomed 19.29%, Adani Green Energy soared 14.54%, Adani Energy Solutions surged 14.38%, Adani Total Gas jumped 13% and NDTV rallied 12.50% on the BSE

Mahanagar Gas sees natural gas as the fuel of the future for Mumbai.

The stock quoted a 52-week high price of Rs 1700.00 and low of Rs 1055.65.

The Relative Strength Index of the stock stood at 28.59 on Tuesday.

The rupee has been weak, but the RBI is managing it in a controlled manner. They have taken steps to correct its overvaluation and support domestic growth. This includes allowing the rupee to depreciate, which helps in making exports more competitive. Global factors and domestic conditions suggest this trend may continue.

On the technical charts, the RSI of the stock stood at 42.25.

VIL has partnered with HCLSoftware, the software business unit of HCLTechologies Ltd, aiming to make its 4G and 5G networks smarter and more efficient.

VIL has partnered with HCLSoftware, the software business unit of HCLTechologies Ltd, aiming to make its 4G and 5G networks smarter and more efficient.

A total of 29,864 shares changed hands on the counter till 01:53PM (IST).

M Financial’s report highlights that Zomato is likely to receive inflows of approximately $620 million, translating to 226.6 million shares, with an estimated trading volume impact of 3.8 days. Similarly, Jio Financial Services is projected to attract around $356 million in inflows, corresponding to 109.2 million shares, impacting trading volumes for an estimated 6.1 days.

​So, buy-on decline to continue over here, but just for intraday perspective, overall swings will continue and one needs to be totally hedged in such kind of a market scenario. Till the time India Vix does not cool off, this is going to be there for some time now.

The Relative Strength Index of the stock stood at 49.43 on Tuesday.

Oil prices eased slightly on Tuesday but remained near four-month highs as new U.S. sanctions on Russian oil remained the focal point. Brent futures dipped 53 cents, while WTI crude fell 44 cents. Market attention is also on upcoming U.S. inflation data, which could impact Federal Reserve interest rate decisions and overall oil demand.

Oil prices eased slightly on Tuesday but remained near four-month highs as new U.S. sanctions on Russian oil remained the focal point. Brent futures dipped 53 cents, while WTI crude fell 44 cents. Market attention is also on upcoming U.S. inflation data, which could impact Federal Reserve interest rate decisions and overall oil demand.

Retail inflation data released on Monday showed that consumer price index based inflation eased to 4-month low of 5.22% in December on easing food prices

Retail inflation data released on Monday showed that consumer price index based inflation eased to 4-month low of 5.22% in December on easing food prices

A total of 4,494 shares changed hands on the counter till 01:38PM (IST).

China stocks saw their biggest gain in over two months with the Shanghai Composite index rising 1.75% and the CSI300 index adding 1.74%, driven by a rally in local chip firms. This followed the US announcing further tech export restrictions to China. Investors are now keenly awaiting a Beijing press conference for potential economic support measures.

Laxmi Dental is selling its shares in the price band of Rs 407-428 apiece, which could be applied for a minimum of 33 equity shares and its multiples to raise a total of Rs 698.06 crore.

The Indian market is set to recover in 3QFY25. Key sectors like BFSI, capital goods, technology, healthcare, and real estate will lead the growth. IPCA Labs and Coforge are expected to perform well. Overall corporate earnings are expected to grow, although the metals and cement sectors may face challenges.

A total of 6,495 shares changed hands on the counter till time (IST).

PSUs, defense, and railway stocks have shown mostly negative returns in the fortnight before the budget over the last six years. PSU stocks performed poorly in five out of six budgets, while railway and defense stocks have also been lackluster, except during the 2024 interim budget.

As of 30-Sep-2024, promoters held 0.0 per cent stake in the company, while FIIs held 24.75 per cent and domestic institutional investors had 14.91 per cent.

FD interest rates: On one-year deposits, the Federal bank offers 7 percent and 7.5 percent to general and senior citizens. On two-year deposits, the bank offers 7.15 percent and 7.65 percent to general and senior citizens.

Credit cards have become a necessity for managing expenses, offering convenience and flexibility. While they can help save money, users should be mindful of their spending to avoid debt. Explore the best credit cards for 2025 and stay updated with bank policies.

The Relative Strength Index of the stock stood at 20.1 on Tuesday.

The Barflex Polyfilms IPO opened for subscription on January 10 and will close on January 15. Allotment is expected to be finalized on Thursday, January 16. The IPO is set to list on the NSE SME, with a tentative listing date of Monday, January 20.

The stock quoted a 52-week high of Rs 719.80 and a 52-week low of Rs 486.75.

The stock quoted a 52-week high of Rs 894.15 and a 52-week low of Rs 450.55.

All these data points put together if I look at, then I expect a pullback rally. Pre-budget pullback rally or maybe post budget pullback rally is on the cards.

Historically, such bottoms have led to strong recoveries, with markets offering 40-50% returns over the next one to one-and-a-half years.

A total of 2,991 shares changed hands on the counter till 01:03PM (IST).

The stock quoted a 52-week high of Rs 3414.40 and a 52-week low of Rs 2490.00.

NTPC’s regulated business ensures stable earnings with a 15.5 per cent return on equity (RoE) for thermal projects. It achieved a plant load factor (PLF) of 77.25 per cent for coal plants in FY24.

The stock quoted a 52-week high price of Rs 3893.00 and low of Rs 2380.05.

Waaree Renewable shares rose 19.23% in the afternoon session today. Market cap of the firm  stood at Rs 11,675 crore on BSE.

A total of 9,404 shares changed hands on the counter till 12:42PM (IST)

A will may be suitable for simple estates with straightforward asset distribution needs while a private family trust is ideal for managing substantial wealth. However, they complement each other and are usually used together.

A total of 19,078 shares changed hands on the counter till 12:37PM (IST).

Brokerages are optimistic about certain BSE midcap index stocks from sectors like auto, financial, and IT. These stocks, including names like Ashok Leyland, PI Industries, and KPIT Technologies, have strong analyst ratings and are expected to deliver returns of up to 55%.

A total of 14,578 shares changed hands on the counter till 12:27PM (IST).

A total of 39,698 shares changed hands on the counter till 12:22PM (IST).

Promoters held 51.46 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 10.89 per cent and 5.4 per cent, respectively.

Adani Power Ltd logged most of the surge, rising 18.85 per cent to hit a day high of Rs 535. It was followed by Adani Green Energy Ltd, which jumped 13.67 per cent to hit a high of Rs 1,011.55.

Shares of Quadrant Future Tek hit an upper circuit of 20 per cent during the trading session on Tuesday as the latest debutant of Dalal Street saw a strong demand from investors.

The Relative Strength Index of the stock stood at 26.48 on Tuesday.

So, there is ample opportunity for RBI to intervene and RBI has to keep intervening because at least after the Trump administration comes in, the volatility in the currency can increase in case Donald Trump presses ahead with his America first policy, which can be ultra protectionist.

A total of 397,915 shares changed hands on the counter till 12:07PM (IST)

The Relative Strength Index of the stock stood at 31.3 on Tuesday.

A total of 373,442 shares changed hands on the counter till time (IST).

Tata Communications shares climbed 4.5% to Rs 1704.90 against the previous close of Rs 1631.25 on BSE.

A total of 4,500 shares changed hands on the counter till time (IST).

Personal loans generally have higher interest rates and lower principal amounts, making it challenging to repay, especially for those earning Rs. 20,000. Various lenders offer loans up to Rs. 5 lakh, but evaluating finances and maintaining a good credit score is crucial to avoid debt traps.

The stock quoted a 52-week high of Rs 6448.75 and a 52-week low of Rs 3350.05.

BNP Paribas remains optimistic about Hindustan Unilever, Britannia Industries, and Titan Company despite challenges in the consumer staples sector. The sector faces branding and distribution disruptions, weak sales growth, and earnings downgrades. Experts predict subdued Q3 FY25 performance, but strategic picks offer opportunities. Hindustan Unilever, Britannia Industries, and Titan Company are preferred in the consumer discretionary space.

As of 31-Dec-2024, promoters held 43.91 per cent stake in the company, while FIIs held 13.27 per cent and domestic institutional investors had 1.87 per cent.

A total of 70,087 shares changed hands on the counter till 11:31AM (IST).

Adani Power led a surge in Adani Group stocks on January 14, with shares rising up to 17% in volume. Adani Power rose 16.86% to Rs 526.05, while Adani Energy Solutions surged 11.4%, and other stocks like Adani Total Gas and Adani Green Energy hit upper circuit limits. The rally coincided with a broader market recovery led by banking and auto stocks.

Adani Power Share Price: On Tuesday, January 14, Adani Group stocks such as Adani Power, Adani Energy Solutions, Adani Total Gas, and Adani Green Energy saw significant surges in volume and prices. Adani Power rose as high as 19.3%. The overall market sentiment was positive, with gains in banking, auto, and energy sectors. The BSE Sensex and Nifty50 also traded higher.

Adani Energy Solutions stock zoomed 12.63% to Rs 775.45 on Tuesday against the previous close of Rs 688.45. Market cap of the firm climbed to Rs 92,895 crore.

A long buildup occurs when both open interest (OI) and trading volumes rise alongside an increase in the underlying stock price, signaling a bullish trend in the Futures and Options segment.

Arvind Sanger believes largecap quality companies in India are good hiding places amidst speculative excess in mid and smallcaps. In the US, dollar strength continues due to good economic growth and rising inflation. He notes concerns about earnings in India slowing down, unlike the US, where high multiples in tech firms may create correction risks.

A total of 4,663 shares changed hands on the counter till 11:16AM (IST)

Even likes of Jio Finance, you are getting into good price correction. So, certainly, whatever the requirement of money that we require in our funds, we currently take up this kind of activity and position ourselves in buying these companies.

The stock emerged as the biggest laggard among the BSE Sensex and NSE Nifty firms

A total of 53,592 shares changed hands on the counter till 11:11AM (IST)

The Nifty Realty index was trading 1.31 per cent at 912.80.

EMI cards enable consumers to make big purchases by converting them into EMIs. They offer benefits such as cashback and zero down payment. However, users must be cautious of hidden fees and interest rates that can increase overall costs.

On REC, ICICI Securities said the company is a pioneer in the non-power book lending with over 40 per cent CAGR since FY22 against 15 per cent CAGR on the overall book, which provides confidence on its execution capabilities in new segments.

A total of 500,046 shares changed hands on the counter till 11:06AM (IST).

It is often emphasised by the experts that individuals should check their credit score on a regular basis in order to spot the mistakes if they arise

Typically, loans against credit cards carry a higher rate of interest but they are given as pre-approved loans

Nippon India Growth Fund: This mutual fund scheme has shown a CAGR of 13% to 23% in 30 years. Investing consistently allows for compounding returns, with a ₹1 lakh investment potentially growing to crores in established funds.

A total of 444,187 shares changed hands on the counter till 10:50AM (IST)

A total of 2,985 shares changed hands on the counter till 10:45AM (IST).

The Nifty Pharma index was trading 0.06 per cent at 21916.55.

SIPs offer a smart way for investors to benefit from market dips. As the NAV of mutual funds decreases, investors acquire more units at lower costs. This strategy leverages rupee cost averaging and the power of compounding for long-term wealth creation. Automated contributions ensure financial discipline and consistency in investments.

A total of 109,760 shares changed hands on the counter till 10:40AM (IST)

Shares of PFC and REC surged up to 4.5% after ICICI Securities initiated coverage with "Buy" ratings and target prices of Rs 550 for PFC and Rs 600 for REC. The brokerage highlights a Rs 43 lakh crore pipeline for power generation projects and energy transition funding as key growth drivers. Strong asset quality and government support bolster their outlook.

Honasa Consumer Ltd dived 56 per cent each, as Q2 print was hit by inventory correction, weaker than expected performance in Mamaearth and challenging demand scenario.

Sensex and Nifty rebound in early trade after sharp decline, with HCL Tech earnings disappointing investors

A total of 371,164 shares changed hands on the counter till 10:30AM (IST)

In a knee-jerk reaction to its quarter earnings for the December 2024 quarter, Shares of HCL Technologies Ltd cracked more than 9 per cent during the trading session on Tuesday.

In a dynamic financial landscape, striking the right balance among fixed income priorities requires strategic choices and a clear understanding of trade-offs.

Global brokerage firms have provided their latest views on key Indian stocks, recommending investments in AB Capital, Biocon, LIC, ICICI Lombard, and Avenue Supermarts for the year 2025. Upgrades and revised target prices suggest potential returns ranging from 20% to 48% across diverse sectors.

HDFC Asset Management Company Ltd is set to announce its results for the quarter and nine-months ended on December 31, 2024 on Tuesday, January 14.

The stock quoted a 52-week high price of Rs 9194.95 and low of Rs 4868.50.

HDFC Securities has given an add call on Avenue Supermarts with a target price of Rs 3950. The company reported a consolidated total income of Rs 15996.69 crore in the latest quarter. Its standalone revenue grew 17.5% YoY. Neville Noronha will step down as MD and CEO by January 2026. Anshul Asawa will be the next CEO.

As of 30-Sep-2024, promoters held 44.7 per cent stake in the company, while FIIs held 28.39 per cent and domestic institutional investors had 9.52 per cent.

Indian stock markets, including equity, derivatives, and MCX, will remain open on Makar Sankranti (January 14). The BSE and NSE holiday calendars for 2025 include 14 trading holidays. February 26, Mahashivratri, will be the first market closure. Benchmark indices, Sensex and Nifty50, opened higher on January 14, rebounding from previous lows due to gains in banking, auto, and energy sectors.

Indian stock markets, including equity, derivatives, and MCX, will remain open on Makar Sankranti (January 14). The BSE and NSE holiday calendars for 2025 include 14 trading holidays. February 26, Mahashivratri, will be the first market closure. Benchmark indices, Sensex and Nifty50, opened higher on January 14, rebounding from previous lows due to gains in banking, auto, and energy sectors.

Indian stock markets, including equity, derivatives, and MCX, will remain open on Makar Sankranti (January 14). The BSE and NSE holiday calendars for 2025 include 14 trading holidays. February 26, Mahashivratri, will be the first market closure. Benchmark indices, Sensex and Nifty50, opened higher on January 14, rebounding from previous lows due to gains in banking, auto, and energy sectors.

On the technical charts, the RSI of the stock stood at 44.95.

Quadrant Future Tek IPO saw a strong debut, listing at a 29% premium over its issue price, driven by high demand from non-institutional and retail investors. Specializing in cables and train control systems, the company is well-positioned to benefit from the growth in the Indian railways sector, particularly the KAVACH project.

Mayuresh Joshi discusses the impact of strong US economic data on global markets and Indian equities, highlighting a robust dollar, FII pullbacks, and potential future earnings growth. He notes emerging markets, including India, facing premium valuation challenges, yet holds a cautiously optimistic view on Indian market resilience.

On Monday, the rupee logged its steepest single-day fall in nearly two years and ended the session 66 paise down at its historic low of 86.70 against the U.S. dollar.

Quadrant Future Tek sold its shares in the price band of Rs 275-290 apiece, which could be applied for a minimum of 50 shares and its multiples to raise a total of 290 crore.

The rupee appreciated 21 paise to 86.49 against the US dollar, supported by easing inflation and crude oil prices. Despite ongoing foreign fund outflows, domestic equity markets showed recovery. The rupee previously hit its lowest level, influenced by the strong dollar and global market trends.

HDFC Life is anticipated to see a 21% year-on-year increase in profit to Rs 443 crore in the third quarter. However, the value of new business growth is likely to be between 19-21% YoY, with a predicted decline in margins. Investors will monitor product mix, surrender value regulation changes, and bank channel sales guidance.

Sensex climbed 437.73 points or 0.57 per cent to 76,767.74. Nifty stood at 23,219.55, up 133.60 points or 0.58 per cent. In the broader market, every two stocks advanced for even one that declined.  

Sensex climbed 437.73 points or 0.57 per cent to 76,767.74. Nifty stood at 23,219.55, up 133.60 points or 0.58 per cent. In the broader market, every two stocks advanced for even one that declined.  

The multibagger stock rose 3.41% to Rs 628.30 today. Market cap of the firm rose to Rs 51,728 crore.

The multibagger stock rose 3.41% to Rs 628.30 today. Market cap of the firm rose to Rs 51,728 crore.

The multibagger stock rose 3.41% to Rs 628.30 today. Market cap of the firm rose to Rs 51,728 crore.

JSW Energy shares rose 4.39% after the company became the successful applicant to acquire KSK Mahanadi Power Company, which owns a 3,600 MW thermal plant. The acquisition, pending regulatory approvals, will increase JSW Energy’s total thermal generation capacity to 7.5 GW and overall capacity to 28.2 GW, bringing it closer to its 2030 target.

Axis Securities gives an overweight call on Aurobindo Pharma with a target price of Rs 1,500. The current market price is Rs 1173.85. The company is a large cap firm in the pharmaceutical sector with a market cap of Rs 67529.80 crore. Key products include pharmaceuticals and export incentives. The company reported a net profit of Rs 816.

Sensex and Nifty50 opened higher on Tuesday, rebounding from seven-month lows with gains in banking, auto, and energy stocks. Zomato soared over 3% following a significant block deal, while HCL Tech dropped nearly 8% after disappointing quarterly revenue results, leading early trade movements.

Sensex and Nifty50 opened higher on Tuesday, rebounding from seven-month lows with gains in banking, auto, and energy stocks. Zomato soared over 3% following a significant block deal, while HCL Tech dropped nearly 8% after disappointing quarterly revenue results, leading early trade movements.

The Indian market is expected to open higher on Tuesday, supported by positive global cues. Nifty futures closed lower on Monday, with options data suggesting a broader trading range between 22,500 and 23,500. Experts recommend several stocks for short-term traders, including Biocon, Marico, Jindal Steel & Power, and Tata Communications, based on technical analysis and target prices.

Gold February futures opened flat at Rs 78,230/10 gram, while silver March futures dropped to Rs 90,240/kg. Gold has risen by Rs 1,200/10 grams in a month, while silver fell by Rs 940/kg. Prices slipped due to stronger US job data, the dollar index, and inflation concerns. Analysts expect volatility ahead of US inflation data.

The domestic market is going through a correction phase, impacting even top stocks, with most showing significant declines. Only a few IT stocks have managed to perform well. The downturn is attributed to poor corporate earnings and foreign capital outflows. Analysts forecast further challenges but anticipate recovery in the latter half of 2025.

Shares of Bartronics India will be in focus as their promoter, Kinex India, plans to sell 1.92 crore shares (6.29% stake) through an OFS on January 14 and 15, 2025. The OFS is aimed at achieving the minimum public shareholding requirement.

Based on the historical performance analysis of different factors, typically, during periods of heightened market volatility, the Quality and Low Volatility factors have historically demonstrated relative outperformance.

The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

JM Financial expects BHEL’s net revenue to rise 25 per cent YoY, driven by robust order book in power segments and pick-up in execution.

BEL shares: Bharat Electronics Limited (BEL) secured additional orders worth Rs 561 crore, boosting its order book to Rs 10,362 crore for FY25. The company reported a 34% rise in net profit for Q2FY25, with a 15% increase in revenue. BEL’s stock shows a bearish trend, trading below key moving averages, though analysts suggest a 28% upside potential.

BEL shares: Bharat Electronics Limited (BEL) secured additional orders worth Rs 561 crore, boosting its order book to Rs 10,362 crore for FY25. The company reported a 34% rise in net profit for Q2FY25, with a 15% increase in revenue. BEL’s stock shows a bearish trend, trading below key moving averages, though analysts suggest a 28% upside potential.

Delta Corp reported its Q3FY25 revenue from operations at Rs 194.33 crore, down 7.5% from the previous year. However, the company saw a net profit increase of 3.6% to Rs 35.73 crore. On a sequential basis, Q3 net profit grew by 32.4%. Over the past six months, shares declined by 21%.

Delta Corp reported its Q3FY25 revenue from operations at Rs 194.33 crore, down 7.5% from the previous year. However, the company saw a net profit increase of 3.6% to Rs 35.73 crore. On a sequential basis, Q3 net profit grew by 32.4%. Over the past six months, shares declined by 21%.

Motilal Oswal Financial Services recommends buying Senco Gold, setting a target price of Rs 1,450. The company reported a 7.01% quarterly and 30.91% yearly income increase as of 30-09-2024. With substantial growth in smaller towns, new subsidiaries, and additional store openings, Senco Gold shows promising investment potential in the Gems and Jewellery sector.

Delta Corp shares ended 7.28% lower to Rs 110.25 on Monday against the previous close of Rs 118.90 on BSE.

When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which the stock was traded throughout the day, with the average being weighted by trading volume.

Angel One Share Price: Co reported an 8% YoY rise in Q3FY25 net profit to Rs 281.47 crore, with revenues growing 19.2%. The company declared a Rs 11 interim dividend and posted a 33.5% sequential decline in profit. Client base grew 7.4% QoQ, and gross client acquisition declined by 30.3%. The stock target price suggests a 39% upside.

Chinese and Indian refiners adapt to U.S. sanctions on Russian oil, seeking alternative supplies from Mideast and Africa

The company has reported an operating EBIT (earnings before interest and tax) of Rs 5,821 crore for the third quarter, which was up 4% YoY and nearly 9% QoQ (quarter-on-quarter).

Vinod Karki of ICICI Securities explains that the market correction is due to the rise in US bond yields. He highlights the temporary factors affecting economic growth and anticipates improvement in the latter half of the year. Large financial companies and commodities are seen as valuable sectors. The fiscal and current account deficits are moving favorably.

Stocks including HCL Technologies, Life of Insurance Corporation, Angel One, Bharat Electronics, Indian Hotels, HDFC AMC, JSW Energy and more will be in the spotlight on Tuesday, January 14.

BR Goyal Infrastructure raised around Rs 85 crore through its IPO, which was subscribed by a decent 118 times. The non-institutional investors led the bidding as the category subscription stood at 257 times.

The issue was subscribed by an overwhelming 340 times at close, where the non-institutional investors category was booked 620 times. The retail investors played second fiddle with 314 times subscription in the category reserved for them.

I am still actually quite bullish on defence, on Indian infrastructure, on the financialization tools so whether it is companies in the financial market spaces providing services directly to customers or providing services to brokers and intermediaries, those continue to be in our radar. We are also interested in domestic consumption.

​So, if you see FMCG stocks have not done anything in the last three-four years because that is where consumption has hit the most because of higher GST or whatever may be the reason, but these stocks have gone nowhere.

An analyst from Master Capital said that Dabur is trading near a critical support zone around Rs 490-500, a level that has historically acted as a strong base for the stock.

Quadrant Future Tek sold its shares in the price band of Rs 275-290 apiece, which could be applied for a minimum of 50 shares and its multiples to raise a total of 290 crore.

HCL Tech upgraded its FY25 growth guidance to 4.5–5 per cent, with 50 basis points (bps) of inorganic contribution, essentially translating to organic revenue growth guidance of 4–4.5 per cent from 3.5–5 per cent CC YoY earlier. 

Indian stocks are likely to see another quarter of losses due to economic slowdown and inflation affecting corporate earnings and foreign flows. The benchmark NSE Nifty 50 Index is expected to drop by at least 5% through March. The market has been under pressure due to foreign outflows and concerns over geopolitical tensions.

Brent LCOc1 futures slipped 22 cents, or 0.27%, to $80.79 a barrel by 0122 GMT, while U.S. West Texas Intermediate (WTI) crude fell 16 cents, or 0.2% to $78.66 a barrel.

With President-elect Donald Trump set to step back into the White House next week, the focus has been on his policies that analysts expect will boost growth but add to price pressures.

Avax Apparels And Ornaments shares debut on BSE SME platform today, following positive public response. The IPO, which raised Rs 2 crore, shows a 14% premium in the grey market. The company deals in wholesale trading of knitted cloth and online retail of silver ornaments. It received bids 250 times over the offered shares.

HDFC AMC is likely to announce strong third quarter results with significant growth in revenue and profitability. Kotak Equities estimates a 21% increase in profit and revenue on a year-on-year basis. However, weak market performance might impact other income. HDFC AMC shares have dropped 16% in the last month.

Recent economic data have indicated a resilient economy with nagging price pressures, which has pressured equities. Comments from Fed officials have pushed bond yields higher. The S&P 500 had weekly losses in four of the last five weeks.

The bullion fell about 1% in the last session as a strong U.S. dollar, buoyed by robust jobs data last week, dampened investor appetite for the precious metal.

A dollar gauge fell for the first day in six, with the New Zealand dollar leading gains among the Group-of-10 peers. US contracts rose after the S&P 500 closed slightly higher on Monday, wiping out a slide that approached 1% earlier in the session.

IT services company HCL Technologies reported 6% growth in its consolidated net profit at Rs 4,591 crore for the quarter ended December 2024.

The panic in equities was sharper in the broader market with mid-cap and small-cap indices tumbling nearly 4% each. Analysts said the markets are oversold but the undertone is cautious ahead of Donald Trump taking charge as US President on January 20.

The panic in equities was sharper in the broader market with mid-cap and small-cap indices tumbling nearly 4% each. Analysts said the markets are oversold but the undertone is cautious ahead of Donald Trump taking charge as US President on January 20.

If the tariff war escalates and the Reserve Bank of India relaxes its intervention strategy in the foreign exchange market, the rupee could hit the 87 mark even before the end of this fiscal year, they cautioned.

ICICI Prudential continues to recommend investing in hybrid and multi-asset allocation schemes given the strong fundamentals and high valuations.

So far this year, the Nifty fell 2.36%, Nifty Midcap 150 declined 4.14%, Smallcap 250 dropped 9% and Microcap 250 shed 8.36%.

In comparison, the benchmark Nifty is 12% below its peak level on September 27, while the Nifty Smallcap 100 and Nifty Midcap 100 indices are trading 14% below their highs.