The Nifty resumed its corrective decline on Monday, falling 108 points to close at 25,585, its lowest level in the ongoing correction and nearly 3 percent below its record high. The market opened with a gap-down and remained under pressure through the session, dragged by weak earnings from index heavyweights such as Reliance Industries and ICICI Bank. Broader markets also mirrored the weakness, with midcaps and smallcaps underperforming, even as an IMF upgrade to India’s growth outlook offered limited support. This morning, global cues were muted. Asian markets started this morning on a subdued note, while US Futures pointed to a muted start for the Wall Street. Catch Lovisha Darad in conversation with Sudeep Shah—Head of Technical & Derivative Research, SBI Securities and Mayuresh Joshi, Director - Research, Marketsmithindia.com.
The expected foreign capital infusion from Emirates NBD is critical for RBL Bank’s next leg of growth to come true.
The economic multiplier from an infrastructure buildout beats alternative deployment of funds. The next phase should be about synchronising infrastructure investment with larger economic goals
The precious metals edged lower, after rising sharply in the previous session following Trump’s pledge to put tariffs on eight European nations that opposed his Greenland ambitions.
Foreign institutional investors (FIIs) extended their selling streak for the 10th consecutive session on January 19, offloading equities worth approximately Rs 3,262 crore, while domestic institutional investors (DIIs) remained net buyers with purchases of around Rs 4,234 crore.
All the sectoral indices ended in the red with Realty index falling 5%, while auto, IT, media, metal, PSU Bank, pharma, oil & gas, consumer durables fell 1.5-2.5 percent. BSE Midcap and smallcap indices declined 2.5% each. Biggest Nifty losers were Eternal, Bajaj Finance, Coal India, Adani Enterprises, Jio Financial, while gainers included Tata Consumer Products, Dr Reddy's Lab and HDFC Bank.
“Index returns have been so-so, portfolio returns not even so-so,” Prasad said in Kotak Institutional Equities’ latest report which analysed both direct equity holdings and investments through mutual funds and portfolio management schemes.
Over the past one month, aluminium prices rose 6.53 percent to $3,135.25 per tonne, while zinc and lead gained 4.48 percent and 4.30 percent respectively. Copper prices were last seen near $5.87 per lb, with daily gains of 0.70 percent, according to January 19 data.
Advanta Enterprises IPO | The proposed IPO will be entirely an Offer-for-Sale (OFS) of 3.61 crore equity shares, with no fresh issue component.
Support for Nifty 50 is placed at 25,450; below this level, a fall toward 25,300 cannot be ruled out. On the higher side, the index may attempt to claw back above 25,600; above this, 25,700–25,800 are the levels to watch.
The market is expected to consolidate and trade within the previous week’s range. Below are some short-term trading ideas to consider.
Stocks to Watch, 20 January: Stocks like LTIMindtree, Tata Capital, Havells India, Ceat, Oberoi Realty, Bansal Wire Industries, Sai Silks Kalamandir, Aditya Birla Fashion and Retail, Aditya Birla Lifestyle Brands, UPL, and Ola Electric Mobility will be in focus on January 20.
Given the Nifty 50 has slipped below all key moving averages (except the 200 DEMA) and momentum indicators are weakening, a bearish to sideways trade may be seen in the next few sessions.
Malabar Gold held 2.89 percent stake in Tribhovandas Bhimji Zaveri as of December 2025.
Shadowfax Technologies IPO | ICICI Prudential AMC was the largest investor in the anchor book, acquiring 1.53 crore equity shares for Rs 190 crore through its four schemes.
For the month so far, FII/FPIs have net sold Rs 26,048 crore while DIIs have net bought Rs 34,075 crore.
Armour Security IPO | The New Delhi-headquartered company is raising Rs 26.5 crore via initial public offering (IPO) at the upper end of price band of Rs 55-57 per share.
Amagi Media Labs IPO shares will be listed on both NSE and BSE on January 21,
Weekly options data suggest that the Nifty 50 is expected to trade in the 25,500–25,800 range in the short term.
ICICI Securities said the investment strengthens Maruti Suzuki'ss long-term growth visibility and reinforce its competitive moat through scale, capacity readiness and an expanded service ecosystem
Except FMCG, all other sectoral indices ended in the red
Catch Lovisha Darad in conversation with Rajesh Bhosale, Senior Technical and Derivative Analyst, Angel One and Sandeep Bagla, CEO, TRUST Mutual Fund
BHEL achieved a revenue of Rs 2,150.74 crore in October-December, up from Rs 1,688.64 crore in the year-ago period.
Stakeholders expect higher capex-led growth, deeper regulatory simplification, eased FDI norms, faster dispute resolution, and enhanced GIFT-IFSC incentives to boost investment, sustain fiscal discipline, and strengthen India’s financial competitiveness globally
Hindustan Zinc Q3 FY26 Financial Results: Net profit jumps over 46 percent year-on-year. Q3 earnings were driven by higher revenues, record production, firm commodity prices and sharply lower costs.