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Avenue Supermarts Ltd. traded 0.75 per cent up at Rs 3588.25 at around 10:20AM (IST) on Thursday. The stock had closed at Rs 3561.20 in the previous session. Equity benchmark Sensex traded 386.06 points at 78893.47 around the same time.

Sandur Manganese & Iron Ores Ltd.(up 2.34%), 20 Microns Ltd.(up 2.20%), KIOCL Ltd.(up 1.91%), Aro Granite Industries Ltd.(up 1.69%), Ashapura Minechem Ltd.(up 0.96%), Gujarat Mineral Development Corporation Ltd.(up 0.81%), Lexus Granito(India)Ltd.(up 0.73%), Pokarna Ltd.(up 0.57%), NMDC Ltd.(up 0.54%) and The Orissa Minerals Development Company Ltd.(up 0.24%) were among the top gainers.

Nifty bulls, with many anticipating another year of double-digit gains in 2025. However, the second half of 2024 served as a stark reminder to new investors of a timeless truth: Dalal Street is far from a one-way ride. The undercurrents of risks are growing stronger as investors will have to deal not only with global headwinds of geopolitical tensions and trade frictions but also the enemy within — slowing domestic growth, elevated valuations and earnings pressure.

Kotak Mahindra Bank and NTPC, highlighting their growth potential and strategic advancements for the year 2025. Citi has upgraded Kotak Mahindra Bank to a 'Buy,' citing strong loan growth momentum, improved delinquency trends, and a favorable medium-term outlook.

The Nifty future closed positive with gains of 0.42% at 23,907 levels on Wednesday.

BSE Sensex rose more than 300 points while the Nifty50 closed above 23700 levels. Sectorally, buying was seen in telecom, power, capital goods and auto stocks while selling was seen in metal and realty stocks.

CSB Bank shares rose 6.5% to an intraday high of Rs 334.15 on the BSE on Thursday following its Q3 FY25 financial update, which showed robust growth. Total deposits rose by 22.17% year-on-year (YoY) to Rs 33,406 crore as of December 31, 2024, compared to Rs 27,345 crore in the same period last year. This growth was primarily driven by a 28.10% YoY rise in term deposits to Rs 25,365 crore from Rs 19,802 crore. CASA deposits also increased by 6.60% YoY to Rs 8,041 crore, up from Rs 7,543 crore in the previous year.

Hem Securities has a buy call on JSW Energy with a target price of Rs 744. The current market price of the stock is Rs 651.3. JSW Energy, incorporated in 1994, is a Mid Cap company with a market cap of Rs 113596.21 crore, operating in the Power sector. JSW Energy's key products/revenue segments include Power, Power Generation, Sale of services, Sale of Products, Interest, Other Operating Revenue for the year ending 31-Mar-2024.

Axis Securities has a buy call on Aditya Birla Sun Life AMC with a target price of Rs 1045. The current market price of ABSL AMC is Rs 852.3. Aditya Birla Sun Life AMC, incorporated in 1994, is a Small Cap company with a market cap of Rs 24601.79 crore, operating in the Financial Services sector. Aditya Birla Sun Life AMC's key products/revenue segments include Fees & Commission Income for the year ending 31-Mar-2024.

Reliance Power shares will remain in focus on Thursday after its subsidiary, Sasan Power Ltd, made a bullet payment of $150 million to IIFCL, UK, fulfilling its debt obligation on December 31, 2024 This repayment will strengthen Sasan Power's debt coverage metrics, improve liquidity, and enhance its credit rating, according to a company statement issued on Wednesday.

The BSE Sensex rose 120.10 points, or 0.15%, to 78,627.51, while the Nifty50 advanced 20.61 points, or 0.09%, to 23,763 as of 9:31 am.

buy call on Metro Brands with a target price of Rs 1,460. The current market price of Metro Brands Ltd. is Rs 1239. Metro Brands, incorporated in 1977, is a Large Cap company with a market cap of Rs 33146.01 crore, operating in Leather sector. Metro Brands' key products/revenue segments include Footwear and Other Operating Revenue for the year ending 31-Mar-2024.

NMDC, India's largest iron ore miner, is in the spotlight after reporting a 5.1% year-on-year (YoY) increase in iron ore production for December 2024, reaching 4.71 million tonnes (MT) compared to 4.48 MT in the same month last year. However, the company's iron ore sales declined by 6.7% YoY to 3.91 MT, down from 4.19 MT in December 2023.

Pashupati Advani, Founder, Global Foray, says he has been analyzing struggling and stable sectors. The auto sector saw a decline in 2024, highlighting potential opportunities in underperforming areas. Auto sales are down, but decisions can wait. Other affected sectors include oil, gas, and, to a lesser extent, energy and commodities, may see a turnaround this year. Public sector companies and banks are also facing challenges, presenting opportunities as they remain 10% to 20% below peak values. Overall, the market appears stable. However, with investments returning to the US and optimism surrounding Donald Trump's presidency, this shift may not benefit other regions. What is your outlook on the markets and which are the big themes that you are tracking at this point? Pashupati Advani: I have just been reading which are the sectors that have been hit and the ones that are not hit. One is the auto sector, which was down in 2024. I am one of those who believe that you should look at sectors that have not done well and see if there are any hidden gems. So, one is autos. We see that there is pressure in auto sales. There is still a little bit of time before you go into that.

Ahead of the listing, the company's shares were trading with a GMP of Rs 6 in the grey market, reflecting a bullish trend in the unlisted market.

record date for its 1:2 bonus share issuance set for tomorrow, January 3, KPI Green Energy shares are expected to garner significant attention in Thursday's trading session. Therefore, the investors must purchase shares today to qualify for the aforementioned bonus issue.

The retail portion of the issue was subscribed at 45.76 times, while the issue was subscribed 131.84 times in the non-institutional investors category. The allocation for qualified institutional bidders was booked 11.96 times.

Tata Motors are expected to remain in focus on Thursday as the company reported a 1% year-on-year growth in its December 2024 sales numbers at 76,599 units versus 76,138 units in the year ago period. Meanwhile, Tata Motors domestic and international sales for Q3FY25 stood at 2,35,599 vehicles, compared to 2,34,981 units during Q3FY24. It was up by 0.26% on a YoY basis.

Garware Technical Fibres may grab attention in Thursday’s trading session as the stock is approaching its record date tomorrow for the purpose of determining the shareholder eligibility for its 4:1 bonus share issuance. This makes today the last day to buy the shares of the company to be able to qualify for the said bonus issue.

KPI Green Energy and Ceenik Exports among a few other companies are likely to remain in focus today as they are approaching their record dates for the purpose of determining the shareholder eligibility for bonus share issuance. Therefore, today marks the last day for the investors to purchase the shares of these companies in order to qualify for the aforementioned bonus issues.

RailTel Corporation of India shares will remain in focus on Thursday after the company received a Rs 78.43-crore order from Bharat Coking Coal Ltd (BCCL). «This is to inform that RailTel Corporation of India Ltd has received the work order from Bharat Coking Coal Limited for Works amounting to Rs 78,43,30,164 (Including Tax),» RailTel said in an exchange filing.