Produced by: Prashanti Moktan Designed by: Manoj Kumar
The Supreme Court will pronounce its verdict today (January 3) on a batch of pleas seeking a court-monitored investigation into the allegations made against Gautam Adani-led Adani Group by US-based short-selling firm Hindenburg Research
Dhampur Sugar board is set to meet today (January 3) to consider its first ever share buyback offer either via the tender offer route or through the open market. said in its exchange filing
Kaushalya Logistics IPO will close for subscription today (January 3). The Kaushalya Logistics IPO price band has been set at Rs 71 to Rs 75 per share. Kaushalya Logistics IPO GMP was Rs 60 as of 6:30 pm on Jan 2. Kaushalya Logistics shares will list on the NSE SME platform with the tentative listing date of January 8
A host of SME IPOs have their listing today (January 3). Shares of Shri Balaji Valve Components and Manoj Ceramic Ltd will list on the BSE SME platform. Meanwhile, Akanksha Power and Infra Ltd IPO listing and Sameera Agro and Infra Ltd IPO listing will be done on the NSE SME platform today
On January 2nd, benchmark indices closed above 21,650 after a volatile session, forming a hammer candlestick with a lower shadow, indicating continued bullish strength in the market. Analysing the daily chart, Nifty is sustaining a robust bullish trend, with support levels identified at 21,550 and 21,450… In terms of sector performance, the pharma index exhibited a 2.5 percent increase, while the auto, bank, and Information Technology sectors witnessed a 1 percent decline each,” said Mandar Bhojane, Equity Research Analyst, Choice Broking
"On Jan 2, the market extended the last hour sell-off as seen on Jan 1, taking negative cues from Asian peers due to weak Chinese manufacturing data and mounting tensions in the Red Sea, which has the potential to disrupt global trade and crude supplies. Ahead of the impending results season, investors are adopting a profit booking strategy. Auto stocks declined on below-expected volume numbers, while pharma stocks were the standout due to catch-up in the US economy,” said Vinod Nair, Head of Research at Geojit Financial Services
"A bearish candle has emerged on the daily Nifty chart, indicating a potential bearish trend in the near future. Sentiment is expected to stay bearish as long as it remains below 21,750. Any upward movement toward 21,750 could encounter selling pressure. However, a clear breakout above 21,750 could shift sentiment in favour of the bulls. Support is established at 21,500 on the lower end,” said Rupak De, Senior Technical Analyst at LKP Securities
"The Bank Nifty witnessed sustained bearish pressure throughout the trading day, leading to a close below the crucial support level of 48,000. To resume the upward trend and regain positive momentum, the index needs to achieve a breakout above the resistance at 48,300, targeting levels of 49,000/50,000. The immediate support for the index is positioned at 47,600, coinciding with its 20-day moving average (20DMA). A decisive breach below this level could intensify the downward momentum,” said Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
Realme India has announced that it will share a new update on an upcoming phone at 7:30 am today (January 3). Realme is expected to launch Realme 12 series or the Realme GT 5 Pro in India
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today in major cities