03 Jan 2025 | 05:48:58 PM IST

Synopsis
A long bear candle was formed on Nifty’s daily chart that was placed beside the long bull candle of Thursday. Technically, this pattern indicates a profit booking in the market after a stellar rise on Thursday. Nifty is currently placed near the support of 23,900 levels, which is halfway to a long bull candle of Thursday and also support as per change in polarity.
On the weekly chart, a reasonable bull candle was formed with upper and lower shadows, which indicates a high wave type candle formation. The near-term uptrend remains intact for Nifty. A decisive move above Thursday’s high (24,226) could open renewed buying participation towards 24,400-24,500 levels. Immediate support is around 23,930-23,840 levels, said Nagaraj Shetti of HDFC Securities.
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REC overall loan disbursements up 18 pc to Rs 54,692 cr in Q3
State-owned REC Ltd on Friday said its overall loan disbursements increased by nearly 18 per cent to Rs 54,692 crore in the December 2024 quarter. The quantum of renewable energy loan disbursements grew 58.09 per cent Year-on-Year (YoY) to Rs 6,314 crore for the quarter ended December 31, 2024, a company statement said.
During the quarter, REC Ltd has disbursed loans worth Rs 54,692 crore, up 17.98 per cent YoY, according to the statement.
India’s Dabur estimates low-single digit sales growth in Q3
Dabur India, which makes products ranging from honey to toothpaste, estimated its revenue rose in the low single-digit percentage range in the third quarter due to subdued demand for healthcare and beverage products, it said on Friday.
Analysts, on average, had expected revenue growth to pick up to 4.8% in the October-December quarter, according to LSEG data, from a 5.5% decline in the previous quarter, which was the first drop in quarterly revenue since 2020.
Bank of Baroda Q3 update: Global business jumps 12% YoY to Rs 25.64 lakh crore
Bank of Baroda’s (BoB) Q3FY25 global business grew by 11.74% year-on-year to Rs 25.64 lakh crore versus Rs 22.94 lakh crore reported by the state lender in the year ago period.
In this, the global advances surged 11.65% YoY to Rs 11.72 lakh crore in the quarter ended December 31, 2024, up from Rs 10.49 lakh crore in Q3FY24, the company informed to the exchanges after market hours. Meanwhile, global deposits of the bank grew by 11.82% YoY in the said quarter to Rs 13.92 lakh crore versus Rs 12.45 lakh crore in the corresponding quarter of the previous financial year.
Gold hits three-week peak on softer dollar and safe haven inflows
Gold prices hit a three-week high on Friday, supported by a weaker dollar and safe-haven demand, as markets awaited potential policy changes from U.S. President-elect Donald Trump. Spot gold was steady at $2,658.11 per ounce, up 1.5% for the week, while U.S. gold futures held at $2,672.20.

Tech view: Nifty forms long bear candle on daily charts. How to trade on Monday
A long bear candle was formed on Nifty’s daily chart that was placed beside the long bull candle of Thursday. Technically, this pattern indicates a profit booking in the market after a stellar rise on Thursday. Nifty is currently placed near the support of 23,900 levels, which is halfway to a long bull candle of Thursday and also support as per change in polarity.
On the weekly chart, a reasonable bull candle was formed with upper and lower shadows, which indicates a high wave type candle formation. The near-term uptrend remains intact for Nifty. A decisive move above Thursday’s high (24,226) could open renewed buying participation towards 24,400-24,500 levels. Immediate support is around 23,930-23,840 levels, said Nagaraj Shetti of HDFC Securities.
In the open interest (OI) data, the highest OI on the call side was observed at 24,200 and 24,100 strike prices, while on the put side, the highest OI was at 24,000 strike price followed by 23,900.
Dollar near two-year high, stocks struggle
The dollar hovered near a two-year high on Friday, driven by expectations of stronger U.S. growth compared to other economies. The dollar index hit its highest since November 2022, with the euro at $1.0280 after touching its lowest since 2022. The pound and yen also remained at multi-month lows amid the dollar’s dominance.

Quadrant Future IPO to open on Jan 7 with price band of Rs 275-290 per share
Quadrant Future Tek Ltd on Friday said it has fixed the price band at Rs 275-290 per equity share for its Rs 290-crore initial public offering (IPO) that will open for public subscription on January 7. The IPO of Quadrant Futures Tek will conclude on January 9, while the bidding for anchor investors is to open for a day on January 6, the company said in a statement.
Investors can bid for a minimum of 50 equity shares and in multiples of 50 equity shares thereafter, it added.
IPO Mania: Investment bankers pocketed $1.3 billion in fees last year
Kotak Mahindra Bank led India’s investment banking fee rankings in 2024, earning $92.8 million and a 7.2% wallet share, according to LSEG data. Investment banking fees rose 1% YoY, while IPOs from Indian issuers hit a record $20.5 billion, a 176% surge from 2023, driven by a 40% increase in the number of IPOs.
India’s NSE leads China with most number for IPOs in Asia, beats US in capital raised
Leading bourse NSE has seen the most number of IPOs, across the mainboard and SME segment, in Asia and also the highest equity capital raised through the primary market globally in 2024.
There were 90 mainboard IPOs and 178 SME IPOs on NSE with companies raising Rs 1.6 lakh crore. This marks the highest number of IPOs recorded in any calendar year, demonstrating the growing confidence of investors in India’s capital markets.

Rupee falls 3 paise to close at record low of 85.78 against US dollar

Sector View: IT bleeds, media shines

Market Stats: Advance-decline ratio in favour of buyers

Top Nifty gainers and losers in today’s session
Price as on 03.37.08 PM, Click on company names for their live prices.
Sensex Heatmap: 20 of 30 Sensex stocks end in the red

Nifty below 24,050; Zomato tanks 4%, Adani Ports 2%

Sensex plunges 721 points

Stock Market LIVE Updates | Quadrant Future Tek IPO opens on Tuesday. Check price band, GMP, other details
Quadrant Future Tek plans an IPO to raise Rs 290 crore by offering 1 crore shares at a price band of Rs 275-290. The proceeds will support working capital, capital expenditure, and loan repayments. The IPO opens on January 7.
Stock Market LIVE Updates | Sensex tumbles 700 pts

Sensex Today | SRK, Amitabh Bachchan and other Bollywood superstars back this luxury realtor before an IPO
Sri Lotus Developers, backed by Bollywood stars like Shah Rukh Khan and Amitabh Bachchan, plans an IPO to raise Rs 792 crore. The company focuses on luxury and ultra-luxury real estate in Mumbai’s western suburbs, with strong project pipeline and growth.
Sensex Today | Stock Market LIVE Updates | IPO mania: Investment bankers pocketed $1.3 billion in fees last year
- India’s IPOs hit a record $20.5 billion in 2024, with Kotak Mahindra Bank leading investment banking fees at $92.8 million.
- M&A deals reached a record 2,756 transactions, though deal value dropped 11.4%, while bond offerings remained steady.

Stock Market LIVE Updates | These Nifty stocks hit 52-week highs

Stock Market LIVE Updates | Private banks on the backfoot; top underperformers
Price as on 02.46.54 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Nifty sustains above 24,000 despite volatility

Stock Market LIVE Updates | Top laggards from Nifty Bank pack
Price as on 02.31.42 PM, Click on company names for their live prices.
Stock Market LIVE Updates | India VIX eases over 1%

Stock Market LIVE Updates | Broader indices mirror benchmarks, trade in the red

Stock Market LIVE Updates | European stocks dip at end of holiday-shortened week
European stocks dipped 0.1%, with the STOXX 600 index on track for a 0.7% weekly rise, as traders focused on economic data and potential changes under a Trump presidency.

Sensex Today | Stock Market LIVE Updates: Sensex slides over 600 points

Stock Market LIVE Updates | Top Nifty losers at this hour
Price as on 01.44.54 PM, Click on company names for their live prices.
Stock Market LIVE Updates | 5 stocks witnessing long unwinding on Friday
Price as on 01.42.43 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Bajaj Housing shares may dive 21%, believes Kotak Equities. Initiates coverage with Rs 100 target; stock trades flat
Kotak Institutional Equities initiated coverage on Bajaj Housing Finance with a ‘sell’ rating and a ₹100 target, indicating a potential 21% downside due to expensive valuations.
Price as on 01.35.29 PM, Click on company names for their live prices.
Stock Market LIVE Updates: Nifty Oil & Gas top sectoral gainer, jumps nearly 2%; top gainers from the pack
Price as on 01.23.41 PM, Click on company names for their live prices.
Stock Market LIVE Updates | ITI shares soar over 13%, hit new record high in intraday trade
Shares of state-owned ITI Ltd surged 13.5% intraday to a record high of Rs 432.45 on the BSE. By 1 pm, the stock recorded a total traded value of Rs 2,197.98 crore with 533.35 lakh shares exchanged, pushing its market capitalization to Rs 41,029.87 crore.
Price as on 01.12.15 PM, Click on company names for their live prices.
Stock Market LIVE Updates | D-Mart’s Q3 update rub-off lifts Vishal Mega Mart shares 5% higher
Vishal Mega Mart shares jumped 4.9% on Friday to an intraday high of Rs 117.50 on the BSE, boosted by positive retail sentiment after Avenue Supermarts (D-Mart) reported a strong 17.5% YoY revenue growth for the December quarter, beating estimates.
Price as on 01.10.07 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Asian stocks gain after Wall Street opens 2025 with modest losses
Asian markets advanced on Friday, rebounding from Wall Street’s weak start to 2025. U.S. futures and oil prices also rose. Hong Kong’s Hang Seng gained 0.4% to 19,692.80, recovering from Thursday’s slump, while the Shanghai Composite fell 1.6% to 3,211.43. Japan’s market remained closed for the New Year holiday.

Stock Market LIVE Updates | Nalco in spotlight as alumina prices drop 5% today, down nearly 30% from peak: Report
Price as on 12.57.03 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Coforge, Paytm, Coromandel Intl, Uno Minda have high probaility of moving to MSCI Standard index, as per MOSL report
Stock Market LIVE Updates | These 5 stocks plunged over 50% from their 52-week highs
Price as on 12.41.18 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Nifty Pharma indx drops 1%; here are top laggrads from the pack
Price as on 12.29.41 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Crypto Price Today: Bitcoin breaks above $97,000; XRP, Cardano surge by up to 11%
- Bitcoin extended its rally, surpassing $97,000, moving toward the $100,000 resistance.
- Ethereum and major altcoins like XRP and Solana saw gains.
- Growing institutional interest, especially in US Bitcoin ETFs, boosted the market.
- Bitcoin’s dominance stands at 56.22%.

Sensex Today | Chola Securities initiates coverage on Tata Technologies, gives Rs 1,082 target
Chola Securities has initiated coverage on Tata Technologies with an “accumulate” rating and a target price of Rs 1,082, highlighting its strong position in automotive engineering. The company benefits from industry disruption, innovation, and robust financial growth. Shares were flat at Rs 905.
Price as on 12.15.23 PM, Click on company names for their live prices.
Stock Market LIVE Updates | YES Bank’s Q3 advances grow 12.6% to Rs 2.45 lakh crore, deposits up 14.6%
Yes Bank’s loans rose 12.6% YoY to Rs 2.45 lakh crore, and deposits grew 14.6% YoY to Rs 2.77 lakh crore by December 2024. CASA deposits surged 27.6%, and the Liquidity Coverage Ratio improved to 133.2%. Shares rose 1.6%.
Price as on 12.08.06 PM, Click on company names for their live prices.
Stock Market LIVE Updates | These 5 stocks plunge over 50% from their 52-Week highs, do you own any?
The markets have been volatile, with the Sensex and BSE500 index falling around 7% from 52-week highs. ETMarkets highlighted five BSE500 stocks, each down over 50% from their peaks, reflecting challenges for investors in fluctuating conditions.
Price as on 12.03.03 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Nifty pharma stocks trading with cuts

Sensex Today | Garware Technical Fibres 4:1 bonus issue record date today, shares slide nearly 5%
- Garware Technical Fibres shares fell 4.75%, hitting a 52-week low of Rs 885 after trading ex-bonus.
- The company is issuing bonus shares (4 new shares for every 1 held).
- Shares up 32.3% YoY, 12.6% in 6 months.
Price as on 11.50.52 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Gold Price Today: Gold prices surge Rs 1,400/10 gm this week, silver up by Rs 500/kg
- Delhi: 22K gold: Rs 57,792/8g, 24K gold: Rs 61,592/8g
- Mumbai: 22K gold: Rs 57,304/8g, 24K gold: Rs 61,040/8g
- Chennai: 22K gold: Rs 56,968/8g, 24K gold: Rs 60,768/8g
- Hyderabad: 22K gold: Rs 56,968/8g, 24K gold: Rs 60,664/8g

Stock Market LIVE Updates | Davin Sons Retail IPO subscribed 5.8 times so far on Day 2. Check details
- Davin Sons Retail’s SME IPO, priced at Rs 55 per share, has been subscribed 5.8 times.
- The issue, open until January 6, aims to raise funds for warehouse purchase, working capital, and general corporate purposes.
- Listing is set for January 9.
Sensex Today | Stock Market LIVE Updates | NFO Alert: WhiteOak Capital Mutual Fund launches thematic fund
- WhiteOak Capital launches Quality Equity Fund, focusing on long-term capital appreciation through companies with strong fundamentals.
- The NFO opens January 8-22, with a minimum investment of Rs 500.
- The fund allocates up to 100% in equity and related instruments.
Sensex Today | Stock Market LIVE Updates | Market Stats: Advance-decline ratio in favour of buyers

Sensex Today | Leo Dryfruits and Spices SME IPO Day 3: GMP, price band, subscription, key dates and other details
- Leo Dryfruits and Spices Trading’s SME IPO, which closed on January 3, was subscribed 24.88 times.
- The Rs 25.12 crore issue, priced at Rs 51-52 per share, aims to fund working capital and marketing activities.
- Allotment is on January 6, listing on January 8.

Stock Market LIVE Updates | Adani Ports posts 8% YoY growth in December cargo volumes
- Adani Ports handled 38.4 MMT of cargo in December 2024, marking an 8% YoY growth.
- Key drivers included increased container and liquid volumes.
- The company continues to expand its portfolio, benefiting from rising trade volumes and infrastructure advancements.
Price as on 11.17.21 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Top Nifty gainers and losers at this hour
Price as on 11.07.13 AM, Click on company names for their live prices.
Stock Market LIVE Updates | What’s next for Bitcoin in 2025? Experts prediction and insights
- Bitcoin enters 2025 with optimism after a strong 2024 performance.
- Key drivers include regulatory clarity, institutional adoption, and technological advancements.
- Experts predict significant growth, with potential Bitcoin values ranging from $150,000 to $200,000 by year-end.

Sensex Today | Stock Market LIVE Updates | RITES shares rally 4% on Rs 70 cr order win, collaboration with IRFC
- RITES shares surged 4% after announcing a Rs 69.78 crore order from SAIL for locomotive repairs.
- Additionally, its subsidiary REMC signed an MoU with IRFC to explore financing opportunities for power projects supplying the Railways.
Price as on 10.56.00 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Nifty Media trading in green

Sensex Today | Stock Market LIVE Updates | Nifty IT index trading nearly 1.5% lower. Check top drags
Top sectoral loser at this hour
Price as on 10.48.53 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Hero MotoCorp, Wipro among 5 stocks with short buildup
A short buildup happens when both open interest and trading volumes increase, while the stock price declines in the Futures and Options segment, indicating that traders expect further price drops and are establishing short positions.
Price as on 10.40.46 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Sensex drops 600 points

Sensex Today | ONGC shares surge 4% as Jefferies sees shares rallying up to 47%, maintains buy rating
Jefferies reiterated its “buy” rating on ONGC, setting a target price of Rs 375, citing a 47% upside. The brokerage highlights minimal earnings impact from recent stock correction, positive earnings outlook, and anticipated production growth in the KG basin.
Price as on 10.30.59 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Western Carriers (India) shares surge over 7%
The company has received work order from Vedanta Limited for the import, FG Domestic and export material handling contract at JSG Plant for a period of 4 years.
Price as on 10.26.54 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Nifty IT index slips 1%; TechM, Wipro among top laggard from the pack
Price as on 10.24.52 AM, Click on company names for their live prices.
Sensex Today | ITC Hotels to be 51st Nifty stock in dummy form till listing. Last day to buy today before demerger
After unlocking value for 36 lakh shareholders of the Kolkata-based diversified conglomerate, shares of ITC Hotels will be listed on the BSE and NSE on Monday. However, they will appear in a dummy version to minimize the impact of the demerger on Sensex and Nifty levels.
Investors will not be able to trade the dummy shares until the stock is officially listed in the coming weeks.

Given the vertical rise yesterday, a natural progression to 24400 or 24540 and more is in line. But given the red candle in the last hour, a pull back to 24090 or 23960 could be a better bet to re enter longs, unless we see opening moves taking us beyond 24400 right away.
– Anand James, Chief Market Strategist, Geojit Financial Services
Stock Market LIVE Updates | Citichem India shares make a flat D-Street debut on BSE SME platform
BSE – Rs 70 (No Change/Flat)
Sensex Today | HDFC Bank, Infosys among top drags as Sensex tumbles

Stock Market LIVE Updates: Sensex drops 500 points

Sensex Today | Stock Market LIVE Updates| Zee Ent. shares zoom 7% after Sebi rejects its settlement applications
Sebi rejected the settlement applications filed by Zee Entertainment Enterprises and Punit Goenka, and referred the matter for further investigation. The order also mentioned that the show-cause notices issued against Zee, Subhash Chandra, and Punit Goenka would be merged with the ongoing investigation. This comes after the termination of Zee’s deal with Sony and a notable decline in Zee’s stock.
Price as on 09.53.48 AM, Click on company names for their live prices.
Stock Market LIVE Updates | IRFC shares jump 3% on signing MoU with REMCL to finance renewable energy projects
Indian Railway Finance Corporation (IRFC) formed a significant partnership with Railway Energy Management Company Ltd (REMCL) to finance renewable energy projects for Indian Railways, aiming to reduce reliance on fossil fuels and achieve net-zero carbon emissions by 2030. IRFC shares have experienced substantial growth over the past two years.
Price as on 09.45.20 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | DMart shares extend gains, trade 15% higher
The company reported a 17% year-on-year (YoY) increase in standalone revenue for the quarter ending December 31, 2024. The company reported revenue of Rs 15,565.23 crore, up from Rs 13,247.33 crore in the same quarter last year.
As of December 31, 2024, DMart had a total of 387 stores.
Price as on 09.40.29 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Sharp Drop! Sensex falls over 350 points
The 30-share index fell to the day’s low of 79,575.14.

Stock Market LIVE Updates | Hero MotoCorp shares slide over 3% as December sales drop 17%
The company reported a 17.5% year-on-year decline in total sales for December, with volumes dropping to 3.24 lakh units from 3.93 lakh units in the same month last year.
Domestically, the automaker sold 2.94 lakh units in December, a 22% decrease compared to the 3.8 lakh units sold in the same period of 2023. However, exports saw a significant rise, increasing by 91% to 30,754 units, up from 12,110 units in December 2023, according to the company’s regulatory filing.
Price as on 09.33.29 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Avenue Supermarts shares surge over 10%
The company announced a 17% year-on-year (YoY) increase in standalone revenue for the quarter ending December 31, 2024. The company reported revenue of Rs 15,565.23 crore, up from Rs 13,247.33 crore in the same quarter last year.
As of December 31, 2024, DMart had a total of 387 stores.

Forex News | Rupee falls in early trade
Rupee falls 3 paise to 85.78 against US dollar

Stock Market LIVE Updates | Zee Ent., YES Bank, NHPC among top movers in morning trade
Price as on 09.20.44 AM, Click on company names for their live prices.
Opening Bell: Sensex drops 150 points, Nifty tests 24,150; DMart soars 10%, Hero Moto sheds 3%

Sensex Today | Stock Market LIVE Updates: Sensex rises 120 points, Nifty eyes 24,200 in pre-open session
Sensex Today | Stock Market LIVE Updates: Technichem Organics IPO allotment likely today: Check status, GMP, listing date and other details
The share allotment for the Technichem Organics IPO is expected to be finalized later today or tomorrow morning. Shares will be allocated through a lottery system, with the entire process overseen by the registrar.
Sensex Today | Stock Market LIVE Updates: IRFC shares in focus after MoU with REMCL to finance renewable energy projects
Shares of Indian Railway Finance Corporation (IRFC) will be in focus on Friday after the company signed a Memorandum of Understanding (MoU) with Railway Energy Management Company Ltd (REMCL), a joint venture between the Ministry of Railways and RITES, to finance renewable energy projects.
Sensex Today | Stock Market LIVE Updates: Zee Ent. shares in focus after Sebi rejects its settlement applications
Shares of Zee Entertainment Enterprises (ZEEL) will attract attention on Friday after the Securities and Exchange Board of India (Sebi) rejected the settlement applications submitted by the company and Punit Goenka on Thursday, and referred the case for further investigation.
Sensex Today | Stock Market LIVE Updates: Fabtech Technologies IPO opens today: Check key dates, GMP, price band and other details
Fabtech Technologies’ SME IPO opens for subscription today and will close on January 7. The company aims to raise ₹28 crore through the offering and list its shares on the BSE SME platform. Here are 10 important details investors should know before subscribing to the issue.
Sensex Today | Stock Market LIVE Updates: Positive Breakout: These 3 Nifty stocks cross above their 200 DMAs
On January 2, the closing prices of three stocks in the Nifty50 index surpassed their 200-day moving averages (DMA).
Sensex Today | Stock Market LIVE Updates: Credit growth set to fall, provisions costs to rise, says ICRA
Credit rating agency ICRA has revised its credit growth forecast for Indian banks, lowering it to 10.5%–11% for the current fiscal year ending March 2025, down from its previous estimate of 11.6%–12.5%. The revision is attributed to a decrease in banks’ exposure to unsecured retail and NBFC sectors, as well as banks scaling back their loan growth targets to manage their high credit-to-deposit (CD) ratio.
Sensex Today | Stock Market LIVE Updates: Banking liquidity in deficit in December, RBI moves cap call rate
In December, the banking system liquidity turned negative for the first time since June 2024, despite the implementation of both phases of the cash reserve ratio (CRR) reduction, which injected ₹1.16 lakh crore into the system.
Sensex Today | Stock Market LIVE Updates: Vedanta parent plans $1 bn raise to refinance high-cost debt
Vedanta Resources, the London-based parent company of India’s Vedanta metals group, plans to raise up to $1 billion to prepay and refinance high-interest debt, according to sources familiar with the matter.
Sensex Today | Stock Market LIVE Updates: Zomato’s dream run on D-Street may hit a bump or two
Zomato has become the first new-age startup to join the 30-member benchmark Sensex, and it has earned its place. The company’s stock more than doubled in 2024, primarily driven by the rapid growth of its quick commerce division, Blinkit, which is its fastest-growing business segment.
Sensex Today | Stock Market LIVE Updates: Strong sales, bright outlook ignite a rally in auto stocks
Automobile stocks were the top gainers in Thursday’s trading, driven by stronger-than-expected December auto sales from three companies, which helped alleviate concerns about a demand slowdown. The Nifty Auto index surged 3.8% on Thursday, marking its best single-day performance since June, following a 1.2% gain the previous day.
Sensex Today | Stock Market LIVE Updates: Bajaj Finserv and Bajaj Finance soar on rating upgrades
Bajaj Finserv and its subsidiary, Bajaj Finance, were among the leading gainers in Thursday’s trading session after Kotak Institutional Equities resumed coverage on the stocks, highlighting their strong business outlook.
Sensex Today | Stock Market LIVE Updates: Local indices hit Bull’s Aye! 2% bounce best in 6 weeks
On Thursday, key Indian equity indices outpaced most Asian markets, jumping nearly 2% and marking their largest single-day gain in six weeks. The surge was driven by significant gains in Bajaj Finserv and Bajaj Finance, along with a rebound in several oversold automobile stocks, prompting traders to cover their short positions.
Sensex Today | Stock Market LIVE Updates: Indo Farm Equipment IPO: Check allotment status, GMP, listing date and other details
Following a strong response to the Indo Farm Equipment IPO, the share allotment is expected to be finalised either later today or tomorrow morning. The shares will be allocated through a lottery system, with the process overseen by the registrar. On the allotment date, investors will be informed of the number of shares they have been allotted in comparison to their bids.
Sensex Today | Stock Market LIVE Updates | ZEEL In Focus
Market regulator Sebi rejected the settlement applications submitted by Zee Entertainment Enterprises (ZEEL) and Punit Goenka, and has referred the case for further investigation.
Sensex Today | Stock Market LIVE Updates | Avenue Supermarts In Focus
Avenue Supermarts, the operator of the DMart retail chain, reported a 17% year-on-year increase in its standalone revenue for the quarter ending December 2024.
Sensex Today | Stock Market LIVE Updates | GIFT Nifty signals a negative start
GIFT Nifty on the NSE IX traded lower by 111 points, or 0.46 per cent, at 24,186, signaling that Dalal Street was headed for negative start on Friday.
Stock Market LIVE Updates | Dollar at two-year high on growth outlook, euro tumbles
The U.S. dollar surged to a two-year high on Thursday, the first trading day of 2025, extending last year’s solid gains. This rise is driven by expectations that U.S. economic growth will outpace other countries, keeping U.S. interest rates relatively high.
The Federal Reserve has signaled a more cautious approach to lowering interest rates, as inflation continues to remain above its 2% annual target, and the economy stays robust.
Stock Market LIVE Updates | Oil prices settle up on China optimism as investors return from holiday
Oil prices settled up by more than $1 a barrel on Thursday as investors returned for the first trading day of 2025 with an optimistic eye on China’s economy and fuel demand after a pledge by President Xi Jinping to promote growth.
Swelling gasoline and distillate inventories in the U.S. pressured prices and capped gains.
Stock Market LIVE Updates | Wall Street ends lower on first trading session of 2025; Tesla weighs
Wall Street see-sawed to a lower close on Thursday amid choppy trading, as investors embarked on the new year facing the cross-currents of solid labor market data, a rising dollar and tumbling Tesla shares.
All three major U.S. stocks ended the session in negative territory, a reversal of an earlier rally but off session lows.
Sensex Today | Stock Market LIVE Updates | Forex news
- The euro was little changed at $1.0272
- The Japanese yen rose 0.2% to 157.26 per dollar
- The offshore yuan was little changed at 7.3352 per dollar
Sensex Today | Stock Market LIVE Updates | Global markets watch
- S&P 500 futures rose 0.2% as of 9:52 a.m. Tokyo time
- Hang Seng futures were little changed
- Nikkei 225 futures (OSE) fell 1.4%
- Australia’s S&P/ASX 200 rose 0.4%
- Euro Stoxx 50 futures fell 0.3%