Strategists at Goldman Sachs Group Inc. are overweight and expect further gains driven partly by surging artificial intelligence-related demand and reasonable valuations.
Foreign Institutional Investors (FIIs) continued to remain net sellers during the week, offloading equities worth Rs 9,209.90 crore. In contrast, Domestic Institutional Investors (DIIs) provided support to the market, purchasing equities worth Rs 17,594.58 crore.
The Indian rupee ended almost flat at 90.16 per dollar on January 9 against January 2 closing 90.19.
While Friday’s employment report spurred another bout of buying in stocks, the data was soggy enough to keep some market observers from declaring a full-blown revival in growth.
Price movements turn erratic before the budget. But one thing stays clear: option prices become expensive (Volatility increases). You can benefit from this by going long straddle, buying an ATM Call and Put.
MTAR Technologies shares may have reacted to the deal, rising 6.84 percent to Rs 2,689.7 amid high volumes, despite sharp sell-off in equity markets.
The company is consolidating its operations in Vadodara, with US headcount slashed by over 80 percent, labs reduced from four to two sites, and overall workforce dropping 40 percent to around 246 by FY27 from 409 in FY24, driving R&D spend down to $14.3 million in FY25 from $20.4 million previously.
For the upcoming week, keep an eye on mixed manufacturing and inflation trends across regions, with several key data releases and rate decisions still to be announced
For the week, BSE Sensex and Nifty lost 2.5 percent each.
Catch Lovisha Darad in conversation with Jatin Gedia, Technical Research Analyst, Mirae Asset Sharekhan and Anil Rego, Founder and Fund Manager at Right Horizons
Analysts said export-linked stocks could see a rally if the court strikes down the tariffs.
Analysts find it likely that if push comes to shove and Russian crude has to be reduced further, discounted Venezuelan crude could enter India's sourcing mix in limited volumes, provided sanctions are lifted.
Andhra Cement's OFS for promoter Sagar Cements’ 8.14 percent stake sale opened on Friday at a premium to market price. The floor price for the OFS has been set at around Rs 72 per share, implying a premium of 8.9 percent to Andhra Cements’ closing price on Thursday.
Eternal shares have declined about 17 percent over the past three months, compared with a 3 percent rise in the benchmark indices.
Motilal Oswal is bullish on Mahindra and Mahindra recommended buy rating on the stock with a target price of Rs 4521 in its research report dated January 08, 2026.
Motilal Oswal is bullish on APL Apollo Tubes recommended buy rating on the stock with a target price of Rs 2260 in its research report dated January 08, 2026.
Deven Choksey, has come out with its report on Bharat Coking Coal Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on January 08, 2025.
Anand Rathi, has come out with its report on Bharat Coking Coal Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on January 08, 2025.
Steady volumes and disciplined execution drive operating leverage surprise
Friday’s rebound in BHEL shares reflects selective buying in beaten-down capital-goods stocks after Thursday’s sharp correction, which was triggered by policy-related concerns.
Markets saw a sharp sell-off as the Nifty slipped below key technical supports, breaking below its 21-day and 50-day moving averages near the 26,000 mark. A brief intraday rebound failed to hold, with the index ending near the day’s lows. The sell-off wiped out over ₹8 lakh crore of investor wealth in a single session and was broad-based, with all sectoral indices closing in the red. Metal stocks led the losses, while even Bank Nifty came under pressure. Heavyweights such as Reliance Industries, HDFC Bank and IT majors dragged the benchmark, as continued uncertainty over India–US trade weighed on export-oriented stocks. This morning, global cues were mixed. US markets ended mixed overnight ahead of key jobs data and Supreme Court ruling assessing the legality of Trump's tariffs. Asian markets too started mixed as China saw fastest pace of inflation in nearly 3 years in December. Catch Lovisha Darad in conversation with Aamar Deo Singh, Senior Vice President, Angel One and Mayuresh Joshi, Director - Research, Marketsmithindia.com.
CLSA says that NHPC's installed capacity could rise by as much as 64 percent year-on-year in FY26, setting the stage for a stronger earnings profile over the medium term. Also, NHPC’s board has approved fund-raising of up to Rs 2,000 crore via bonds.
Large companies are estimated to report subdued revenue growth rates in December quarter
UBS said that the recent correction in BHEL shares offers a positive read-through for the stock, citing robust order momentum. BHEL stock lost about 9 percent yesterday on concerns that easing restrictions on Chinese bidders could intensify competition in large government contracts.
On January 8, 2026, Foreign Institutional Investors (FIIs) were net sellers of Indian equities worth approximately Rs 3,367 crore, extending a selling streak for the fourth consecutive session. In contrast, Domestic Institutional Investors (DIIs) provided strong support, purchasing equities worth approximately Rs 3,701 crore