In the current environment, steady reforms combined with clearer earnings visibility will be crucial for reviving foreign investor participation, said Kotak Life's Radhavi Deshpande.
Biggest Nifty losers were Adani Enterprises, Adani Ports, Eternal, Interglobe Aviation, Cipla, while gainers included Dr Reddy's Labs, Tech Mahindra, ONGC, Hindalco, HUL. All the sectoral indices ended in the red with capital goods, power, realty, PSU Bank, media down 2-3%. The BSE midcap index shed 1.5 percent and smallcap index fell 2 percent.
The Nifty needs to scale above 25,300 on a closing basis for further uptrend toward 25,450–25,500, the next key hurdle. Meanwhile, the 200 DEMA (25,164) can act as an immediate support for the index, followed by 24,900 as a crucial support.
The market is expected to consolidate with range-bound trading as long as it trades below the current week’s high. Below are some short-term trading ideas to consider.
Stocks to Watch, 23 Jan: Stocks like InterGlobe Aviation, Bandhan Bank, Premier Energies, Tanla Platforms, Syngene International, Suryoday Small Finance Bank, Gujarat State Petronet, Bluestone Jewellery and Lifestyle, Go Digit General Insurance, DLF, Le Travenues Technology, and Home First Finance Company will be in focus on January 23.
This relief rally was on expected lines but, according to experts, needs a strong and sustainable close above 25,850 for continuation of the said uptrend. Until then, consolidation and volatility may be seen in the short term, given the bearish sentiment and elevated VIX.
KRM Ayurveda IPO | The Delhi-based company is raising Rs 77.49 crore via initial share sale of 57.4 lakh shares.
Major deals were also seen in Landmark Cars, the premium automotive retailer, which finished at all-time closing low of Rs 361.15, down 2.05 percent, extending downtrend for sixth consecutive session.
The public issues of Shayona Engineering, and Hannah Jospeh Hospital will remain open for subscription till January 27.
For the year so far, FIIs have been net sellers of shares worth Rs 36587 crore, while DIIs have net bought shares worth Rs 50718 crore.
DLF's EBITDA stood at Rs 848 crore. Cumulative net collections for the nine- month period stood at Rs 10,216 crore, reflecting 21 percent YoY growth. In Q2 FY26, DLF had reported a net profit of Rs 1180.09 crore.
The sharper fall in silver ETFs compared to silver futures on MCX is largely a function of how Indian silver had moved into a speculative premium ahead of the Budget, an analyst said.
The increase in central public investment, mainly in roads, railways and defence, has seen a sharp increase over the last few years. This trend is expected to continue
Revenue during the quarter rose nearly 11 percent for Orient Electric, led by a 12.6 percent growth in the electric consumer durables segment.
The monthly options data suggested that the Nifty 50 is expected to trade in a broader range of 25,000–26,000 levels.
Speaking at the launch of the Avendus-Hurun U40 list, Apurva Sahijwani, MD & CEO of Avendus Wealth Management, highlighted the unusual market environment
The campaign, titled ‘Change the Soch – Kanyakumari to Kashmir Drive’, comes at a time when participation from retail investors outside large urban centres remains uneven
On the sectoral front, except realty, consumer durables, all other indices ended in the green with FMCG, power, metal, media, PSU Bank, pharma gained 1-2%.
The firm’s revenue from operations meanwhile rose 6% YoY to Rs 23,471.9 crore during the quarter under review.
Net profit however fell 2% YoY to Rs Rs 552.31 crore during the October-December quarter of FY26.
The Nifty PSU Bank index is currently outperforming the broader Nifty Bank index, jumping more than 2% led by gained in the shares of Bank of India, Indian Bank and others.
Canara HSBC reported a 10% YoY rise in pre-tax profit for the third quarter.
NBFC told to get its accounts audited for a specified block period under Section 142(2A) of the Income Tax Act, 1961
The company said it is exploring strategic collaborations with formulation innovators for research and development.
Catch Lovisha Darad in conversation with Aamar Deo Singh-Sr Vice President, Angelone and Sneha Poddar, VP -Research, Wealth Management, Motilal Oswal Financial Services Ltd
