Siemens shares also fell 4% as China's CRRC is also competitor to them in Railway contracts. L&T, ABB India shares fall up to 4%
Catch Lovisha Darad in conversation with Nilesh Jain, Head VP- Derivative and Technical Research, Centrum Broking Ltd and Ashutosh Mishra, Head-Research , Inst Equity, Ashika Stock Broking
The stock declined 3.85 percent to an intraday low of Rs 820.85 per share on the National Stock Exchange.
Notably, the broader markets had outperformed benchmarks yesterday, closing in the green while Sensex and Nifty ended the session in the red.
43% of respondents in the Moneycontrol Poll said AI surge is a risk to global markets but Indian markets will be an outperformer on a relative basis
LG Electronics share price: Analysts said that the stock may see some short-term volatility, though the long-term outlook remains positive.
Markets head into the Union Budget expecting moderate capex growth above 8 percent and targeted rural support, but remain split on whether the government will meet its fiscal deficit target.
Profit booking in IT shares comes ahead of the start of the third quarter earnings season on January 12, when TCS and HCLTech are scheduled to announce their results.
The shares of these export-oriented companies significantly declined as they derive a significant portion of their revenue from the American market.
Majority of respondents in the latest Moneycontrol Market Poll say Indian equities are reasonably valued, even as opinions remain split on earnings growth and IPO impact.
While 2025 was about proving what agentic AI could do, 2026 is expected to be defined by scale and measurable business outcomes
With a reasonably high RoA, the valuation looks reasonable despite the stock’s outperformance
Copper, aluminium, gold and silver saw a massive surge recently, before beginning to decline as investors may have resorted to profit booking at elevated levels.
A clear majority of respondents, at about 57%, remain positive on Indian equities outperforming global markets in 2026, yet expectations are grounded
Deposits above 1 lakh and up to Rs 10 lakh will now earn 5% interest as compared to 7% earlier
Overall, the poll suggests market experts remain constructive on Indian equities in 2026, betting on relative outperformance driven by domestic growth and improving earnings visibility, even as foreign inflows remain a key variable to watch.
Torrent also plans to raise Rs 1,500 crore via commercial paper to fund its acquisition of a controlling stake in JB Chemicals & Pharmaceuticals
The Flexi-cap fund has also completely deployed its cash with cash holdings at 0.92 percent, down from 2.6 percent in November
BSE, NSE today: BSE listed companies erased market cap of more than Rs 8 lakh crore amid broad-based selling pressure.
This holiday applies to 29 municipal corporations, including Mumbai City and Mumbai Suburban districts under the Brihanmumbai Municipal Corporation
Silver prices extended decline, falling up to Rs 4,000 per kilogram within an hour. Silver ETFs also dropped, mirroring the fall in the precious and industrial metal.
Meesho share price: The stock has now fallen more than 35% from its December high of Rs 254.40 apiece.
BSE Sensex and NSE Nifty extended opening losses on Thursday following weak global cues and continued FII outflows. Broader markets also came under pressure, with the Nifty Midcap 100 and Nifty Smallcap 100 indices slipping. Selling pressure intensified in IT and metal stocks.
The Nifty50 extended its losing streak to a third straight session but managed to recover from the day’s lows to close near 26,140, holding on to the crucial 26,100 support. After a weak start and a volatile session marked by a tussle between buyers and sellers, a late rebound helped pare losses. IT, consumer durables and pharma stocks led the gains, while auto, oil & gas and realty stocks remained under pressure. Broader markets outperformed, with midcap and smallcap indices rising around 0.4%, as global cues and upcoming US jobs data stayed in focus. This morning, global cues were largely lower. US markets ended on a weak note, with Dow and S&P 500 retreating from record highs. Meanwhile, Asian markets were mixed this morning. Catch Lovisha Darad in conversation with Chandan Taparia, Senior Vice President, Head - Derivatives & Technical Research, Motilal Oswal and Nitin Bhasin, Head of Institutional Equities, Ambit.
Copper's record-breaking price surge, driven by severe supply constraints, tariff-induced hoarding, and structural demand from electrification and AI, is fundamentally challenging its traditional role and valuation in global markets
