The market is likely to consolidate further with a negative bias. Below are some short-term trading ideas to consider on January 8.
Stocks to Watch, 8 January: Stocks like Tata Steel, NCL Industries, Infosys, Gland Pharma, Cipla, IRB Infrastructure Developers, Meesho, Adani Green Energy, Angel One, MOIL, and Midwest will be in focus on January 8.
The S&P 1500 Homebuilding Index slid as much as 2.3%, with 15 of 18 members trading lower. Builders KB Home and DR Horton Inc. were among the worst performers. Building-materials supplier Louisiana-Pacific Corp. declined more than 5%.
Consolidation with range-bound trade is expected to continue for a few more sessions before the index stabilises and rebounds.
Wealth Guardian acquired 0.6 percent stake in TV Today Network.
According to SEBI, the decision to defer the rollout was taken after feedback from industry participants, who highlighted operational challenges in setting up the required systems and processes for smooth implementation within the original timeline.
While India's economy is projected to grow at 7.4 percent in 2025-26, the expansion remains narrowly driven by a couple of services sectors, leaving the vast majority of workers in agriculture and mass-employment sectors behind
The past year saw FII/FPIs remain as net sellers, offloading Indian equities worth Rs 2.92 lakh crore. On the other hand, DIIs added strength to the market with their buying spree reaching Rs 7.85 lakh crore.
Sri Lotus said that it has signed a development agreement with Abhishek Bachchan for the land parcel in Gujarat’s GIFT City.
Tight supply conditions and rising prices, combined with expanding demand for AI training and inferencing, are supporting gains in digital storage stocks
Weekly options data suggest that the Nifty 50 is expected to face resistance near 26,200 in the near term, with support placed at 26,100–26,000 levels.
Defence stocks: The rising geopolitical tensions globally may have boosted hopes for higher defence orders, in turn boosting the defence stocks.
HSBC said if the company's earnings before interest and tax margins are below the mark of 10% that could disappoint the market
Gabion Technologies IPO | Investors have put in bids for 50.21 crore equity shares against offer size of 25.77 lakh shares via 1.2 lakh applications.
During the session, the stock rose as much as 5.26% to an intraday high of Rs 411.30, after opening 2.39% higher.
Emcure Pharma share price: Emcure Pharmaceuticals has witnessed a strong bullish breakout from its consolidation phase, supported by a clear surge in volumes, an analyst said.
Jefferies says 2025 marked India’s worst relative equity year in 30 years, but argues the rupee has bottomed and positions India as a 'reverse AI trade' that could outperform if global tech momentum unwinds.
Consumer durables, IT, pharma gained 0.5-1.8%, while auto, oil & gas, realty, telecom shed 0.5 each.
Dixon Tech share price: However, a decisive move above Rs 12,600 is required to improve the short-term outlook for the stock, an analyst said.
The Warburg Pincus deal in Lemon Tree might trigger an open offer, the channel reported.
Catch Lovisha Darad in conversation with Ashish Bahety, Technical and Derivative Research Analyst, ProfitMart Securities and Kuunal Shah, Associate Fund Manager, Carnelian Capital
JPMorgan upgraded both Tata group stocks to 'Neutral' from 'Underweight' as automaker clients resume R&D programs after trade deals ease tariff uncertainties
Bank Nifty slipped below the 60,000 level to touch an intraday low of 59,771.95. The index reversed the previous day’s gains and was trading lower by over half a percent.
The project will be the largest ingot and wafer manufacturing facility in the country
Damage caused by US tariffs has so far been muted but that won’t last
