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. 

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.

Centre approves extension requests from Maharashtra, Rajasthan and Telangana

HCL Tech exceeded expectations in Q3FY25, reporting robust net profit and margin growth, despite slightly below-estimate dollar revenue growth. The company raised its FY25 revenue guidance and maintained a lead over TCS in revenue growth metrics.

HCL Tech exceeded expectations in Q3FY25, reporting robust net profit and margin growth, despite slightly below-estimate dollar revenue growth. The company raised its FY25 revenue guidance and maintained a lead over TCS in revenue growth metrics.

WeWork India raised ₹500 crore via a rights issue to repay debt and reduce capital costs, progressing toward a debt-free status. The company operates 63 centres across 8 cities and plans a 2025 IPO.

Anand Rathi Wealth will issue bonus shares in a 1:1 ratio, doubling shareholder equity. Q3FY25 net profit surged 33% YoY to ₹77.3 crore, while AUM grew 39% YoY to ₹76,402 crore.

Indian indices continued their downtrend, with Sensex falling 1.36% and Nifty 1.47%. Realty, metal stocks, and banks faced significant losses, while Nifty holds 23,000 as key support.

Spanning 200-250 acres, the project aims to set a new benchmark for agricultural markets in the State

Delta Corp reported a 3.6% YoY rise in Q3FY25 net profit to ₹35.73 crore, despite a 7.5% decline in revenue to ₹194.33 crore. Sequentially, net profit grew 32.4%, with expenses rising to ₹177.64 crore.

On the financial front, the company’s revenue from operations for FY24 stood at Rs 6,028.10 crore. This was Rs 5,836.72 crore in FY23 and Rs 4,668.57 crore in FY22. Its profit was Rs 62 crore in FY24 and Rs 104 crore in FY23. 

Adventures in kitchen-sink bond market indicators

Rising cash from operations reflects stronger profitability and better resource management. Here are the top five Nifty 50 companies with consistent annual growth in cash flow over the past five years.

Complete Circle Capital raised $3 million in its first funding round, led by Mankind Pharma’s promoter family and Narinder Bajaj. Funds will drive AI-powered platform development, client service enhancements, and nationwide expansion to 25 locations.

Gross tax receipts stood at ₹20.64 lakh crore, with corporate taxes accounting for 47.07% of the receipts and non-corporate taxes yielding over 50.6% of the collections.

Gross tax receipts also taper slightly from 20.3% a month ago to 19.94%.

Gross tax receipts stood at ₹20.64 lakh crore, while corporate taxes accounted for 47.07% and non-corporate taxes yielded over 50.6% of the collections, CBDT data shows; net direct taxes from corporates were up just 8.12% over last year

JSW Cement received final observation from Sebi to raise Rs 4000 crore through an IPO. The IPO includes a fresh issue and an offer for sale. Proceeds will finance a new cement unit, repay debt, and for general purposes. The cement demand in India is expected to grow significantly in the next few years.

The Sensex plummeted 1,048 points to 76,330 on Monday, with 10 BSE largecap stocks hitting 52-week lows. This signals potential opportunities or underlying company challenges amid market volatility.

In its latest guidelines, the RBI instructs banks to give borrowers the option to change floating rates to fixed rates on personal loans when interest rates are reset.

Seven smallcap and multicap PMS funds delivered over 5% returns in December 2024, led by Equitree Capital’s Emerging Opportunities fund with 7.2%. However, several star-managed schemes, including Marcellus and Abakkus funds, posted losses.

The life insurance industry saw a 4.8% year-on-year growth in Retail Annualized Premium Equivalent (APE) for December 2024, hindered by a 13% decline in LIC’s Retail APE due to new surrender regulations, while private sector growth rose by 11.4%. SBI Life led as the fastest-growing private insurer.

HCL Tech declared a fourth interim dividend of ₹18 per share, including a ₹6 special dividend marking 25 years of public listing. Q3FY25 net profit rose 5.5% YoY to ₹4,591 crore, with revenue growth at 5%.

Nifty showed a bearish breakout from a symmetrical triangle, breaching key support at 23,260. Analysts project further downside to 22,700–22,800, with 23,000 as a critical support level. Pullbacks remain sell-on-rise opportunities.

HCL Tech Q3 Results: IT services company HCL Technologies on Monday reported 6% growth in its consolidated net profit at Rs 4,591 crore for the quarter ended December 2024. The same stood at Rs 4,350 crore a year ago.

Gold prices rallied for a fifth straight session, rising Rs 110 to Rs 80,660 per 10 grams in the national capital on Monday, according to the All India Sarafa Association. The precious metal had settled at Rs 80,550 per 10 grams in the previous session on Friday.

RVNL share price: The stock has crashed 44.64 per cent from its all-time high value of Rs 647, seen on July 15 last year. Despite the mentioned fall, RVNL has gained 62.28 per cent in the past one year.

Indian government bond yields marched higher on Monday, with the benchmark yield logging its biggest single-session rise in over seven months, as U.S. Treasury yields continued to rally after robust economic data, while a tumbling rupee also weighed on sentiment.

Sectorally, selling was seen in consumer durables, power, utilities, and real estate stocks.

Zomato has a leadership positioning in food delivery & quick commerce, said Bernstein.

Data showed the BSE Smallcap index and the BSE Midcap index are now down 13-14 percent from their one-year high levels. Sensex is down 11 percent from its 52-week high.  

Data showed the BSE Smallcap index and the BSE Midcap index are now down 13-14 percent from their one-year high levels. Sensex is down 11 percent from its 52-week high.  

Major stocks fell sharply, led by Waaree Renewable (-20%), Just Dial (-13.6%), and Adani Wilmar (-10%), reflecting corporate developments and broader market weakness.

Overall consumer prices were 4.6% higher in December for urban residents compared to 4.9% in November

Overall consumer prices were 4.6% higher in December for urban residents compared to 4.9% in November

The Nifty Pharma index closed 2.13 per cent at 21903.35.

According to the latest mutual fund analysis by ETMarkets, 23 stocks have experienced a price increase of over 50% in the current fiscal year (FY25) and are owned by more than 100 mutual fund schemes.

Winding and conductivity products maker Vidya Wires has filed draft papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).

Indian stock markets have been volatile due to foreign investor outflows, global consolidation, and dollar appreciation impacting emerging markets. The domestic liquidity from DIIs provides stability. Key drivers include US economic policies, domestic earnings, and the upcoming Union Budget. Stock-specific strategies and long-term opportunities exist, especially in IT, consumer, and high-risk sectors like IREDA and Zomato.

The domestic stock market has fallen in past six Kumbh festivals,  with the average fall for Sensex standing at 3.42 per cent. The average length of Kumbha festival is 52 days and Sensex has delivered negative returns in all of the past six instances.,

Both Jio Financial and Bajaj Housing shares took a sharp beating today, in line with the overall slump in domestic benchmarks. Jio Financial fell 5.54 per cent to hit an intraday low of Rs 265.10 and shares of Bajaj Housing slipped 5.87 per cent to hit an all-time low of Rs 111.55.

Mr. Ramesh in his X post, said “When Mr. Narendra Modi took over at PM he was about to turn 64 and the rupee was at ₹58.58 to the dollar.”

Congress flags fall in rupee value throughout Modi’s tenure; CPI(M) says slump shows the state of disrepair the economy is in; Trinamool accuses govt. of fooling people

Vetri Subramaniam suggests hybrid solutions and SIPs to navigate market uncertainty, highlighting elevated valuations in midcaps and industrials. He advises caution in equity allocations, focusing instead on balanced, long-term strategies amid shifting market dynamics.

ITC share price today: ITC stock slipped 1.35% to Rs 438.85 on BSE against the previous close of Rs 444.85 on BSE. Market cap of the firm stood at Rs 5.49 lakh crore

M&M is transitioning from consistent performance to transformational growth under CEO Anish Shah. With disciplined capital allocation, global expansion, and diversification beyond autos, M&M aims to leverage India’s high-growth sectors and unlock its true valuation potential.

Amid the rising pressure in the Indian stock markets, season Dalal Street investor Dolly Khanna has been trimming her stake in as many as five companies, including a potential exit.

For 2021-22 and 2022-23, taxpayers can still file their updated income tax return by March 31, 2025.

European shares were dragged lower by technology and healthcare stocks on Monday, as global equities faced pressure after U.S. jobs data reinforced bets the Federal Reserve will be cautious in cutting interest rates this year.

On Monday, the BSE Sensex was trading at 76,444.80, down 934.11 points or 1.21 per cent. Nifty at 23,104, down 327.50 points or 1.4 per cent. Midcap and Smallcap indices plunged 4 per cent each.

Elara Capital initiates coverage on Vishal Mega Mart with a "buy" rating and a Rs 140 target price, citing strong growth potential, efficient operations, and expansion plans. Risks include slower growth and supply chain challenges.Caption: Poised for 19.2% revenue CAGR and loyal customer growth, Vishal Mega Mart targets 846 stores by FY27, backed by efficient operations and mass-market appeal.

Strong support at 23,000-23,200, a level that has historically held.

As RNOR, only income that is received, deemed to be received, accrues, arises or is deemed to accrue or arise in India is taxable.

Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank, forecasts the rupee shifting towards 87 against the dollar. She projects GDP growth at 6.1% for FY25 with potential risks leading to a rate cut cycle starting in February 2025. Inflation could be around 5.3% due to rising food prices and a weaker rupee.

Mumbai couple Mufaddal Kagalwala and Sakina Gandhi enjoyed a white Christmas, traveling off-season across Hungary, Slovakia, Austria, and the Czech Republic—all for under ₹3.5 lakh.

A total of 66,857 shares changed hands on the counter till 01:51PM (IST)

Tata Neu Infinity HDFC Bank Credit Card: The card gives up to 1.5% Neu Coins on UPI transactions. It also gives up to 5% Neu Coins on specified Tata brands. The card can provide good value on Tata brands by combining instant discounts, card benefits, and NeuPass benefits.

Retirement requires careful financial planning during working years. By saving and investing wisely, individuals can build a substantial corpus. The earlier one starts saving, the greater the benefits of compounding, ensuring a secure and fulfilling retirement free from financial stress.

So, if we look at the last four to five years, we have seen lots of challenges. We have seen COVID, we have seen all the supply chain issues, semiconductor issues for the auto industry. We have seen growth issues as well.

Travel credit cards are ideal for frequent travellers seeking exclusive perks, offering rewards and cashbacks on various expenses. However, users should be cautious of unplanned spending to avoid financial burdens.

Step aside, King Arthur

Financial literacy is crucial for loan success, enabling borrowers to comprehend terms, compare offers, and avoid pitfalls. It promotes responsible borrowing, enhances credit health, and empowers individuals to make sound financial decisions.

Indian equity indices fell as HDFC Bank, ICICI Bank led losses. Five large-cap stocks, including Indian Oil, Tata Steel, Hero MotoCorp, LIC, and Coal India, hit 52-week lows amid global and domestic concerns.

While Microsoft is carrying out performance-related job cuts, employee headcount in India will not be reduced, per reports

SMC Global Securities said that Infosys recently reached its 52-week high of Rs 2,006.45, but retraced to around the Rs 1,880 level since then due to profit-taking.

The Barflex Polyfilms IPO is priced between Rs 50 and Rs 57 per share, with a minimum bid of 2,000 shares per lot. The offering allocates 50% of the shares to Qualified Institutional Buyers (QIBs), 35% to retail investors, and 15% to non-institutional investors.

IREDA share price: The stock cut most of its gains as the session progressed and was last seen trading 0.35 per cent up at Rs 201.90. At this price, the scrip has jumped 65.36 per cent in a year.

On Monday, major altcoins experienced declines, with XRP dropping 3%, BNB decreasing by 2.1%, Solana falling 2.2%, Dogecoin down by 3.75%, Cardano slipping 7%, Tron losing 5.2%, Avalanche declining by 5%, and Sui dropping 7.5%. As a result, the global crypto market cap fell by 0.9%, reaching $3.26 trillion.

Investors may focus on sectors like FMCG and utilities that rely on domestic demand and are less affected by currency fluctuations. Export-driven sectors such as IT and pharmaceuticals, might also offer opportunities as they benefit from rupee depreciation. It may be wise to avoid companies with significant foreign debt and may consider diversifying into other assets.

The multibagger defence stock slipped 9.26% to Rs 2230 on BSE. Market cap of the firm fell to Rs 20,471 crore on BSE. 

Goldman Sachs said the slowdown in real GDP growth in Q2 FY25 (Q3 CY24) was mainly driven by fiscal tightening and macro-prudential tightening by the RBI to curb unsecured lending growth.

The SME IPO of Sat Kartar Shopping, offering 41.72 lakh shares to raise Rs 34 crore, has been oversubscribed 12.7 times by January 11, with strong participation from retail and non-institutional investors. The price band is Rs 77-81 per share. The issue closes on January 14, with shares likely to be listed on January 17.

Shares of Biocon surged as much as 5 per cent during the trading session on Monday after the USFDA cleared Malaysia unit to end regulatory hurdles for the pharma player.

The stock quoted a 52-week high price of Rs 2843.00 and low of Rs 1867.15.

Waaree Renewable share price: The stock slumped 20 per cent to hit its lower circuit level of Rs 951. At this price, it has cracked 28.20 per cent in four trading days.

The Nifty 50 index has fallen 11% from its peak, signaling a sharp correction in Indian equities. Despite the decline, Kotak Institutional Equities remains cautious, citing stretched valuations, limited earnings growth, and unfavorable global conditions. The brokerage predicts modest earnings growth and warns that mid-cap, small-cap, and narrative-driven stocks could face deeper corrections.

On the technical charts, the RSI of the stock stood at 25.41.

Stock broking platform Groww is in talks with investment banks regarding an upcoming IPO, targeting a $6-8 billion valuation. The fintech company aims to raise around $700 million. Recently, Groww relocated its parent entity to India from the US, leading to a tax payment of Rs 1,340 crore.

Five stocks witnessed long unwinding on January 13, including CESC, Indian Hotels, Godrej Properties, L&T Finance, and HFCL, with declines in both open interest and stock prices.

Stock markets often exhibit seasonal patterns, and one such analysis reveals that the Sensex has never posted positive returns during any of the Kumbh Mela festivals held in the last two decades.

A total of 7,679 shares changed hands on the counter till 12:23PM (IST).

Mr. Trump has pledged to raise tariffs on Chinese goods and close some loopholes that exporters now use to sell their products more cheaply in the U.S.; if enacted, his plans would likely raise prices in America and squeeze sales and profit margins for Chinese exporters

The Relative Strength Index of the stock stood at 31.13 on Monday.

The stock traded at a P/E multiple of 5.75, while the price-to-book value ratio stood at 1.14.

​Remember that anyway, the entire scope of indirect tax changes has moved out of the budget and into the GST Council. So, nobody tinkers with the excise duties because that has moved to GST, so that takes away a lot of the impact that sectors used to experience.

A total of 112,460 shares changed hands on the counter till 12:07PM (IST).

Tata Motors share price: The stock has climbed 5.67 per cent from its 52-week low value of Rs 718, seen on December 23 last year.

A total of 161,591 shares changed hands on the counter till 12:02PM (IST)

A total of 1,441,246 shares changed hands on the counter till 11:56AM (IST).

Lakshmi Iyer, CEO of Kotak Alternate Asset Managers, attributes pressure on the Indian rupee to a combination of Trump’s policies, FPI pullout, and rising oil prices. She notes that these factors, along with strong US macro data, are impacting Asian currencies, and suggests RBI’s interventions may be necessary despite declining forex reserves.

The stock traded at a P/E multiple of 55.77, while the price-to-book value ratio stood at 14.15.

I tend not to think about it in terms of triggers. The fact of the matter is, we are in currently a slightly weak patch in terms of economic growth. Certainly, there will be some improvement that should come through in terms of growth in the second half of the year.

A total of 2,701 shares changed hands on the counter till time (IST).

Oil prices surged to their highest level in over three months, fueled by concerns that U.S. sanctions on Russia could reduce its oil output. Goldman Sachs indicated that Brent prices could exceed $85 per barrel if Russian production continues to decline.

A total of 569,998 shares changed hands on the counter till 11:36AM (IST)

A total of 5,986 shares changed hands on the counter till 11:31AM (IST)

HCL Tech is expected to be the growth leader among Tier I, with about 4.6-5.5 per cent sequential constant currency (CC) growth, due to seasonality of its software business.

While digitalisation has revolutionised the accessibility and administration of pension schemes in India, AI-driven predictive models can allow pension fund managers to make more informed decisions about investment strategies, risk management, and asset allocation.

A total of 206,138 shares changed hands on the counter till 11:21AM (IST).

The Nifty Pharma index was trading 1.31 per cent at 22088.10.

Adani Wilmar share price: The company is a joint venture between the Adani Group and Wilmar International, is a prominent FMCG player in India, known for its essential kitchen products. Despite its strong market presence, the stock has faced challenges, declining by 26% over the past year.

The Nifty IT index was trading 0.43 per cent at 44418.45.

​We have seen over the years like there are so many companies who multiply in value despite such phases of underperformance.

The stock quoted a 52-week high price of Rs 2403.45 and low of Rs 1367.45.

The rupee was at 86.36 per U.S. dollar as of 10:15 a.m. after hitting its all-time low of 86.39 earlier in the day

Inox Wind shares hit a record high of Rs 262.10 on September 23, 2024. Since then, the stock has corrected 41.53% till date.

A total of 246,376 shares changed hands on the counter till 11:06AM (IST).

The Nifty Auto index was trading 1.38 per cent at 22701.20.

Oil prices hit their highest in four months as U.S. sanctions impact Russian crude exports to China and India. Brent and WTI have risen significantly, with tighter supplies expected. New sanctions target Russian oil producers and tankers, affecting global oil trade dynamics. Analysts predict short-term price increases due to these supply disruptions.

IREDA share price: On January 9, IREDA announced its results for the quarter ending December 2024, reporting a 27% year-on-year (YoY) increase in net profit, which rose to Rs 425.38 crore from Rs 335.53 crore in the same period last year.

Conference call and webcast scheduled for 8.00 a.m. EST   TORONTO , Jan. 13, 2025 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) announced today its fourth-quarter and full-year 2024 earnings will be issued via news release on Thursday, February 6, 2025 .      Steve Hasker , president and chief

A total of 14,277 shares changed hands on the counter till time (IST).

The other companies which could potentially benefit just because of the valuation correction would be the consumer names which we have been talking of that consumer names are more near the bottom and to that extent, they should be accumulated now and they always tend to outperform in a risk-off mode in any case.

A total of 3,801 shares changed hands on the counter till 10:50AM (IST)

The stock quoted a 52-week high price of Rs 6764.80 and low of Rs 4518.35.

The Nifty Bank index was trading 0.52 per cent at 48480.50.

Mumbai-based 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.

A total of 285 shares changed hands on the counter till time (IST).

Here we list out the key features and discounts offered by three major credit cards offered by Kotak Mahindra Bank

Sensex, Nifty crash today: Stocks such as Zomato, M&M, Tata Steel, Adani Ports, HDFC Bank Kotak Mahindra Bank and Asian Paints led the losers on Sensex, falling up to 2.80% in early deals.

A total of 5,277 shares changed hands on the counter till 10:35AM (IST).

PCBL shares fell 11.32 per cent to hit a low of Rs 346.90 on BSE. ICICI Securities said lower volumes in carbon black, particularly in specialty carbon black and Aquapharm’s tepid performance hurt numbers. 

Ideally, credit score should be checked at least once in a year. There is a wrong perception that checking the score too often leads to an adverse impact on it

A total of 640 shares changed hands on the counter till 10:30AM (IST).

On the technical charts, the RSI of the stock stood at 63.35.

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The 30-share BSE benchmark Sensex tanked 843.67 points to 76,535.24 in early trade. The NSE Nifty dropped 258.8 points to 23,172.70.

Rupee also plunged sharply and was trading at 86.36 to an U.S. Dollar as compared to its previous close of 86.04 at the forex retail spot market. 

On the technical charts, the RSI of the stock stood at 31.54.

Brokerages suggest that liquor stocks, particularly United Spirits and Radico Khaitan, may see an upside potential of up to 19% due to strong Q3 earnings forecasts, a softer base effect, beneficial regulatory changes in Andhra Pradesh, and a rise in demand for premium products.

Gold February futures opened almost flat at Rs 78,375/10g on MCX, while silver March futures fell slightly. Over the past week, both gold and silver prices have risen significantly. With ongoing volatility in the dollar index and upcoming US inflation data, fluctuations in gold and silver prices are expected.

A total of 15,164 shares changed hands on the counter till time (IST).

A total of 3,306 shares changed hands on the counter till 10:00AM (IST)

Hyderabad-based Standard Glass Lining Technology sold its shares in the price band of Rs 133-140 apiece, which could be applied for a minimum of 107 shares and its multiples to raise 410.05 crore.

​So, it is kind of a counterplay, but there are two major concerns and we should wait for Jan 20th to see how it unfolds. But broadly, there is a concern around what are the tariffs going to be. If the tariffs are imposed across the board or even selectively, it is inflationary.

A record surge in crude oil prices, sustained outflow of foreign capital, and a negative trend in domestic equity markets also kept the Indian currency under pressure, forex traders said.

A record surge in crude oil prices, sustained outflow of foreign capital, and a negative trend in domestic equity markets also kept the Indian currency under pressure, forex traders said.

A record surge in crude oil prices, sustained outflow of foreign capital, and a negative trend in domestic equity markets also kept the Indian currency under pressure, forex traders said.

The rupee declined to 86.54 as of 12:55 p.m. IST, its weakest level on record, down nearly 0.7% on the day

The rupee declined to 86.54 as of 12:55 p.m. IST, its weakest level on record, down nearly 0.7% on the day

The fall of 58 paise, or 0.67%, in one session was the steepest since February 6, 2023 when the unit had lost 68 paise.

Motilal Oswal Financial Services (MOSL) has reaffirmed its confidence in Avenue Supermarts, highlighting its leadership transition and long-term growth prospects, despite challenges in certain segments.

Some credit card operators give an option to cardholders to get the annual fee waived if you spend beyond a pre-defined threshold

HDFC Asset Management Company (AMC) is set to report its Q3 results on January 14, with analysts forecasting a revenue growth of 34.6% to 36.4% YoY and a net profit rise of 16.6% to 23.9% YoY. QAAUM is expected to surge by 42% to 48.8% YoY, driven by strong equity AUM growth.

Zomato led the Sensex losers, falling 1.75 per cent to Rs 238.75. Mahindra & Mahindra, Adani Ports, HDFC Bank, Axis Paints, Tech Mahindra, Tata Steel and ITC fell over 1 per cent each.

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PCBL reported a 37% YoY decline in net profit for Q3 FY25 at Rs 93 crore, despite a 21% revenue increase to Rs 2,010 crore. EBITDA rose 15% YoY to Rs 328 crore. CB sales volume grew 5%, while shares increased 47.5% over the past year.

Indian blue-chip indices ended up significantly lower due to a robust US jobs report that reduced prospects of early interest rate cuts by the Federal Reserve. The BSE Sensex fell by 654 points, and Nifty50 dropped by 193 points, while the market capitalisation of all listed companies on BSE decreased by Rs 4.53 lakh crore.

Indian blue-chip indices Sensex and Nifty opened lower after a strong US jobs report. This raised concerns about fewer interest rate cuts by the Federal Reserve. Market capitalization of listed companies declined. US Treasury yields surged, and FIIs continued selling. Oil prices hit a more than three-month high, extending their rally on expected reduced Russian supplies.

Indian blue-chip indices Sensex and Nifty opened lower after a strong US jobs report. This raised concerns about fewer interest rate cuts by the Federal Reserve. Market capitalization of listed companies declined. US Treasury yields surged, and FIIs continued selling. Oil prices hit a more than three-month high, extending their rally on expected reduced Russian supplies.

Indian blue-chip indices Sensex and Nifty opened lower after a strong US jobs report. This raised concerns about fewer interest rate cuts by the Federal Reserve. Market capitalization of listed companies declined. US Treasury yields surged, and FIIs continued selling. Oil prices hit a more than three-month high, extending their rally on expected reduced Russian supplies.

Indian blue-chip indices Sensex and Nifty opened lower after a strong US jobs report. This raised concerns about fewer interest rate cuts by the Federal Reserve. Market capitalization of listed companies declined. US Treasury yields surged, and FIIs continued selling. Oil prices hit a more than three-month high, extending their rally on expected reduced Russian supplies.

Two financial companies- Angel One and Anand Rathi Wealth- are set to announce their results for the December 2024 quarter on Monday, January 13, 2025.

Axis Securities has set a target price of Rs 2110 for HCL Technologies. The current market price is Rs 1951. HCL Technologies has strong revenue visibility with multiple long-term contracts. It reported a total income of Rs 29318 crore and a net profit of Rs 4237 crore for the latest quarter.

The Indian market is expected to trade lower on Monday due to weak global cues. Nifty may see weakness towards 23250 zones with resistance at 23600. Experts recommend buys in stocks like Bharat Dynamics and Bharti Airtel, while suggesting sells in PEL and Axis Bank.

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

Nischal Maheshwari believes the banking sector is undervalued with opportunities in large private banks. He is also positive on the FMCG sector, especially staples, and the IT industry. Maheshwari cautions waiting in the MFI sector. Cement is expected to improve in the next two quarters while chemicals remain uncertain. Capital market stocks should be held on to for now.

The Indian rupee reached a record low against the U.S. dollar, falling past 86, driven by a stronger-than-expected U.S. jobs report that diminishes the likelihood of significant Federal Reserve rate cuts this year. The robust U.S. employment figures add to bearish pressures on the rupee.

Just Dial shares slipped 3.75% to Rs 1034.60 on Friday against the previous close of Rs 1074.95 on BSE.

Brokerages have initiated coverage on several stocks, including Swiggy, Hyundai Motor, Tata Technologies, GMM Pfaudler, and JSW Energy, with up to 98% upside potential

Though institutional sales remained net positive, the impact of FII sales was evident, with upswings steadfastly facing resistance throughout the week. All days this week, except for one day, saw lower lows asserting a bearish bias.

Anshul Saigal predicts market volatility due to FIIs withdrawing capital but sees long-term growth for India. He expects a recovery in earnings within one to two years, especially in sectors like consumer durables, IT, and capital goods. Margin improvements and special situations may provide opportunities for positive surprises. Focus on earnings growth is crucial to navigate market volatility.

Waaree Energies shares slipped 1.26% on Friday to Rs 2566.40 against the previous close of Rs 2599.20. The market cap of the firm stood at Rs 73,728 crore .

Reliance Industries shares have dropped 23% since July, mainly due to weak retail business and declining refining margins. However, analysts, including Goldman Sachs, believe the sell-off is overdone, with shares nearing their worst-case scenario. Other global brokerages like Jefferies, Morgan Stanley, and CLSA have issued buy ratings, with target prices reaching Rs 1,690.

Unmesh Sharma from HDFC Securities provides a market outlook, emphasizing opportunities in largecaps impacted by FPI selling and the potential for outsized returns in selective midcaps and smallcaps. He also highlights a positive outlook for the BFSI sector, industrials, chemicals and IT due to valuation differentials, liquidity improvements, and capex cycles.

Stocks including HCL Technologies, DMart, Adani Wilmar, Indian Overseas Bank, Ola Electric, ICICI Lombard, Biocon, PCBL, and more will be in the spotlight on Monday, January 13.

Ola Electric Mobility remains in focus due to an ongoing investigation by the Central Consumer Protection Authority, recent management exits, and growing consumer complaints. Additionally, the company plans to launch new products and expand its service network. CEO Aggarwal’s social media announcements have also attracted regulatory attention.

The Indian economy is expanding, which is helping small and medium-sized enterprises (SMEs) to grow. Many of these enterprises are expected to list and move to the main board of the BSE. This progress will increase their liquidity, credibility, and access to financing. BSE plans to enhance customer experience amid rising competition from fintech players.

Shares of Avenue Supermarts will be in focus as Q3 revenue jumped 17.5% YoY to Rs 15,565 crore, with profit rising 6.5% YoY to Rs 785 crore. However, EBITDA and PAT margins decreased. The company also announced leadership changes, with Anshul Asawa appointed as CEO Designate, and Neville Noronha stepping down in January 2026.

An analyst from Arihant Capital is observing that prices of Suzlon Energy are making a lower low formation on the daily charts, which is a sign of weakness.

Indobell Insulation shares will debut on exchanges. The grey market premium suggests an 85% premium over the issue price. Indobell manufactures insulation products for various industries. It provides tailored solutions and export services. The company generates significant revenue from customized products and is exploring more clients for future growth opportunities.