On January 15, Indian stock markets are likely to open on a weaker note, tracking negative cues from global markets. Gift Nifty futures were trading 0.06% lower at 23,290 around 8:30 AM, signaling a cautious start for domestic equities.
This comes after Indian equity markets managed to snap a four-day losing streak on Tuesday, closing the session on a positive note. The BSE Sensex gained 169.62 points, or 0.22%, to settle at 76,499.63, while the Nifty 50 rose by 90.10 points, or 0.39%, to close at 23,176.05.
Despite the rebound in the previous session, market sentiment remains fragile. Traders will closely watch key economic data and corporate earnings to gauge market direction. LIVE Feed
Jan 15, 2025, 1:50 pm IST
Market Outlook Today By Sameet Chavan, Head Research, Technical and Derivative - Angel One
Indian equities experienced a brief respite following the turmoil of the previous session. As indicated by developments in GIFT NIFTY, the benchmark index opened the day on a positive note, gaining around 80 points. However, trading remained lackluster with narrow and limited movements throughout the day. Ultimately, the Nifty50 index closed with a modest increase of 0.40 percent, finishing just below the 23200 zone.
Despite the seemingly insignificant developments in the benchmark, there has been a notable uplift in the broader markets, emphasizing stability after the downturn. This upward movement is encouraging, even though the overall outlook remains somewhat bleak. Until a positive crossover emerges from the key technical indicators, the prevailing sentiment continues to lean toward caution. At the higher end, the bearish gap of 23340-23345 is expected to offer some intermediate resilience, while 23500-23600 appears to be a significant obstacle. On the lower end, 23100-23000 is likely to provide a cushion against any setbacks, and the lower boundary of the 'Falling Wedge' around 22900 will be an important zone to monitor for a couple of trading sessions.
A follow-up buying emergence could probably provide a strong momentum to the market sentiments, especially with the overly sold parameters. However, it is important to maintain a stock-centric investment strategy and proceed with caution. Additionally, it is advisable to wait for the benchmark index to surpass its identified resistance levels before making any substantial commitments, which can help mitigate risks and ensure a more informed investment decision.
Jan 15, 2025, 12:53 pm IST
HDFC Asset Management: Yield inches up while cost remains under control, ADD
“Revenue Yield - Revenue yield inched up on sequential basis. Operating Expenses – While expenses were under control for the quarter, management guided for reasonable growth for the same. We maintain ‘ADD’ rating on HDFCAMC with a revised price target of Rs 4485,” said Yes Securities in a note.
Jan 15, 2025, 12:23 pm IST
Angel One: Management expects a bounce back going ahead, BUY
“Regulatory aspects – Management revises negative impact from regulatory changes from 13-14% of revenue to 18-20% (2) Traditional businesses – Some degree of underlying business traction has continued for Angel One (3) We maintain ‘BUY’ rating on Angel One with a revised price target of Rs 3,000,” said Yes Securities.
Jan 15, 2025, 11:44 am IST
Adani Group in Advanced Talks to Acquire Majority Stake in Emaar India
The Adani Group is reportedly in advanced discussions with Dubai-based Emaar Properties to acquire a majority stake in its Indian subsidiary, Emaar India, in a deal valued between Rs 4,000-5,000 crore. The proposed transaction is expected to involve the acquisition of 70-100% ownership in Emaar India, primarily through Adani Realty, an unlisted arm of the Adani Group.
The final valuation of the deal is still under negotiation, with sources suggesting it could reach Rs 5,000 crore, depending on the agreed terms, according to a report by Mint.
Jan 15, 2025, 10:35 am IST
Aditya Birla Fashion Approves Preferential Issue of Equity Shares
Aditya Birla Fashion & Retail Limited (ABFRL) announced that its board has approved the issuance of equity shares on a preferential basis, subject to shareholder and other necessary approvals. Issuance of 4,08,72,580 equity shares with a face value of Rs 10 each at an issue price of Rs 317.45 per share (including a premium of Rs 307.45), aggregating up to Rs 1,297.5 crore, under the Promoter/Promoter Group category. Issuance of 3,96,97,838 equity shares with a face value of Rs 10 each at an issue price of Rs 272.37 per share (including a premium of Rs 262.37), aggregating up to Rs 1,081.25 crore, to Qualified Institutional Buyers (QIBs) under the Non-Promoter category.
Jan 15, 2025, 10:34 am IST
Minda Corporation to Acquire 49% Stake in Flash Electronics India
Minda Corporation's Board of Directors has approved the acquisition of 2,55,40,578 equity shares, each with a face value of Re 1, representing 49% of the issued and paid-up equity share capital of Flash Electronics (India).
Jan 15, 2025, 10:03 am IST
: Stock Market Live Updates: Infosys and Tennis Australia Create New Generative AI Innovations at the Australian Open 2025
Infosys, a global leader in next generation digital services and consulting, in partnership with Tennis Australia, has unveiled its latest suite of AI-driven features and platforms for Australian Open (AO) 2025, marking another milestone in the seven year partnership between the two organizations. It further advances their joint vision of creating a more immersive experience of tennis through AI-driven technology innovations. A unique breakthrough is ‘Beyond Tennis’ powered by Infosys, the world’s first generative AI-powered tennis league. This fan-driven digital experience will provide year-round interactivity, allowing users to connect with virtual tennis players, train their teams, and compete in AI-generated tournaments.
Jan 15, 2025, 9:59 am IST
Stock Market Live Updates: Indian Rupee and Dollar
The Indian rupee started the day lower at 86.55 against the U.S. dollar, with a dip from its previous closing level. On Tuesday, the rupee briefly touched a fresh intraday low of 86.69 per dollar but closed at 86.64.
Jan 15, 2025, 9:42 am IST
Stock Market Live Updates: Q3 Earnings Reports Set to be Released Today
On Wednesday a number of prominent companies are scheduled to announce their Q3FY25 earnings or quarterly results. Investors and market analysts will be closely watching the performance reports from a diverse range of sectors. Among the key players releasing their results today are HDFC Life Insurance Company, Oracle Financial Services Software, L&T Technology Services, Bank of Maharashtra, Ceat, Maharashtra Scooters, Transrail Lighting, Oriental Hotels, NELCO, Aeroflex Industries, Reliance Industrial Infrastructure, Krishana Phoschem, Indiabulls Enterprises, Mahindra EPC Irrigation, DB (International) Stock Brokers, MRP Agro, TCI Industries, Jagsonpal Finance and Leasing, Kamadgiri Fashion, and Viji Finance.
Jan 15, 2025, 8:55 am IST
Stock Market Live Updates: Wall Street Ends Mixed
The U.S. stock markets witnessed mixed movement on Tuesday, with the S&P 500 edging higher and the Nasdaq dipping into negative territory after a volatile trading session. Investors remained cautious as they evaluated the latest inflation data, which could influence the Federal Reserve’s future monetary policy decisions. The Dow Jones Industrial Average (DJIA) saw a strong rebound, climbing 221.16 points, or 0.52%, to close at 42,518.28, driven by gains in financials and industrials. The Nasdaq Composite, which is heavily weighted with tech stocks, declined by 43.71 points, or 0.23%, to end at 19,044.39. Meanwhile, the S&P 500 posted a modest gain of 6.69 points, or 0.11%, closing at 5,842.91.
Jan 15, 2025, 8:51 am IST
Stock market live updates : Asian markets Updates
Asian markets are trading higher, taking positive cues from Wall Street’s overnight performance. Major indices across the region are in the green, signaling a cautious yet optimistic sentiment among investors. Shanghai Composite is trading almost flat at 3,241.37, up 0.01%, while Nikkei gained 154.31 points to reach 38,628.61, marking a 0.4% rise. The Hang Seng Index (HSI) also edged up by 34.92 points to 19,254.7, reflecting a 0.18% increase. Meanwhile, Shenzhen Composite bucked the trend, slipping 0.41% to 10,123.21. South Korea’s KOSPI is up by 0.23% at 2,503.1, and Australia’s ASX 200 remains flat at 8,231.4, with only a marginal gain of 0.4 points.
Jan 15, 2025, 8:48 am IST
Stock Market Live Updates: Markets at the Previous Close
After four consecutive sessions of losses, Indian equity markets rebounded on Tuesday, January 14, 2025. The BSE Sensex rose by 169.62 points (0.22%) to close at 76,499.63, while the NSE Nifty 50 gained 90.10 points (0.39%) to settle at 23,176.05. Sectorally, the rebound was broad-based, with most indices ending in the green. The Nifty PSU Bank index led the gains with a 4.20% increase, followed by advances in the Nifty Auto, Metal, Media, Financial Services, and Oil Marketing Companies (OMCs) indices, which recorded gains of up to 3.98%. However, the Nifty IT and FMCG sectors lagged, closing in the red. In the broader market, the BSE Midcap index rose by 2%, and the Smallcap index was up by 1.7%, indicating positive sentiment among mid and small-cap stocks. Among individual stocks, Adani Enterprises was the top gainer on the Nifty 50, surging by 7.05%, followed by Shriram Finance, Hindalco, Adani Ports, and NTPC. Conversely, HCL Technologies was the top loser, declining by 8.52%, with Hindustan Unilever, Apollo Hospitals, Titan, and Infosys also among the laggards.
Jan 15, 2025, 8:41 am IST
Stock Market Live Updates: All Focus on Sensex, Nifty for Market Direction
Good morning! Welcome to our Stock Market Live Blog, your one-stop destination for all the latest updates from Dalal Street. With Sensex and Nifty leading the action, we’ll keep you posted on every market move, key trends, and expert insights throughout the day.
Stay tuned for real-time updates, stock recommendations, buzzing stocks, and more as we navigate the day’s market swings together!
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Story first published: Wednesday, January 15, 2025, 8:37 [IST]