Experts Financial News

MOIL Ltd.(up 7.95%), Sandur Manganese & Iron Ores Ltd.(up 1.98%), NMDC Ltd.(up 1.60%), KIOCL Ltd.(up 1.59%) and Gujarat Mineral Development Corporation Ltd.(up 0.93%) stood among the top gainers. Aro Granite Industries Ltd.(down 6.54%), 20 Microns Ltd.(down 6.29%), Madhav Marbles & Granites Ltd.(down 4.61%), Pokarna Ltd.(down 2.05%), Oriental Trimex Ltd.(down 2.00%), Lexus Granito(India)Ltd.(down 1.34%), Coal India Ltd.(down 0.72%), The Orissa Minerals Development Company Ltd.(down 0.40%) and Ashapura Minechem Ltd.(down 0.34%) were among the top losers of the day.

The 30-share BSE benchmark Sensex declined 199 points or 0.27% to settle at 73,129.

DLF Ltd. dropped 2.6 per cent to Rs 785.5 at 02:12PM (IST) in Tuesday's trade. The scrip hit a high of Rs 805.9 and low of Rs 777.65 so far during the session.

Info Edge (India) Ltd. traded at Rs 5206.15 on BSE at 02:06PM (IST) on Tuesday, down 2.52 per cent. The stock quoted a 52-week low price of Rs 3310.0 and a high of Rs 5332.8.

Jyoti CNC Automation jumped nearly 13% after a decent debut on the exchanges on Tuesday. The stock was last trading at Rs 418 apiece, up 27% over the issue price of Rs 331. The premium listing was in line with expectations, which can be attributed to the company's market leadership and a substantial presence in the global CNC machine manufacturing market. The focal points in the company's business model are its client base, healthy margins and a proxy play on the defense sector.

Kedar Kadam, Director - Listed Investments at Waterfield Advisors is of the view that new large schemes may or may not be announced in this Interim Budget, but some existing popular schemes could see expansion/extra resources to boost implementation rates. In an interview with Mint, Kadam also shared his views on the domestic market and economy.

MphasiS Ltd. traded at Rs 2601.4 on BSE at 01:31PM (IST) on Tuesday, down 1.16 per cent from previous close. The stock quoted a 52-week low price of Rs 1660.65 and a high of Rs 2788.35.

Lupin Ltd. traded 2.39 per cent down at Rs 1379.0 at 01:36PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 333.8 points to 72994.14.

Federal Bank on Tuesday reported its highest-ever standalone net profit at Rs 1,007 crore for the quarter ended December, up 25% from Rs 804 crore reported by the private lender in the year-ago period. Sequentially it was up 5.5% versus Rs 954 crore reported in Q2FY24. The private lender also reported its highest-ever net interest income (NII) at Rs 2,123 crore.

In the ever-evolving landscape of cryptocurrency, Bitcoin price has seen a notable uptick, trading at $42,806 with a 0.55% increase on Tuesday. This surge has been accompanied by growing interest in US-based crypto products, particularly following the approval of spot ETFs.

YES Bank share price jumped over 6 per cent to hit its fresh 52-week high of ₹26.25 in intraday trade on NSE on Tuesday, January 16. YES Bank share price opened at ₹24.95 against the previous close of ₹24.75 and jumped 6.1 per cent to the level of ₹26.25. Around 12:35 pm, YES Bank shares were 4.44 per cent up at ₹25.85 on the NSE.

ICICI Lombard General Insurance Company Ltd. traded 0.39 per cent up in Tuesday's trade at 01:15PM (IST). Around 11,103 shares changed hands on the counter.

Tata Elxsi Ltd. slipped 1.16 per cent to Rs 8618.2 in Tuesday's trade as of 01:10PM (IST). It hit a high of Rs 8729.95 and low of Rs 8616.0 during the session.

died. The number of children among them, more than 3,000, exceeds the annual death toll for children in all wars in each of the preceding three years. The Economist estimates, from satellite imagery, that over a tenth of Gaza’s housing stock has been destroyed, leaving more than 280,000 people without homes to which they can return.

₹1.12 lakh crore against FY 2022-23 budget allocation of ₹1.04 crore. FY 2023-24 budget included ₹68,804 crore allocation for school education, ₹44,094.62 crore allocation for higher education and ₹37,453 crore allocation for the Samagra Shiksha Abhiyan (SSA). Here are some suggestions from experts, from investments in skill development to infrastructure ahead of elections.

₹449.75 in early trade on Tuesday, January 16 a day after the company's announcement regarding dividend payment. Aster DM Healthcare share price opened at ₹448.10 against the previous close of ₹398.85 and soon jumped 12.8 per cent to the level of ₹449.75 on Tuesday.

Transport Corporation of India with a target price of Rs 990. The current market price of Transport Corporation of India is Rs 832.15. Transport Corporation of India Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 6431.15 Crore) operating in Logistics sector.

PNB Housing Finance with a target price of Rs 1025. The current market price of PNB Housing Finance Ltd.

The Nifty future closed positive with gains of 0.88% at 22140 levels on Monday. India VIX was up by 5.27% from 13.10 to 13.79 levels. Volatility was slightly on the rise and created momentum at lifetime high zones. Positive setup was seen in OFSS, Glenmark, Aurobindo Pharma, Granules, ONGC, Indian Hotels, Rec Ltd, BEL, Bharti Airtel, PFC, Godrej Properties, IRCTC, RIL, UBL, Apollo Hospital etc. On the weekly options front, the maximum Call OI is placed at 22500 strikes and then towards 22300 strikes while the maximum Put OI is placed at 22000 strikes and then towards 21800 strikes. Call writing is seen at 22800 strikes and put writing is seen at 22000 strikes. “Options data suggests a broader trading range in between 21500 to 22500 zones while an immediate trading range in between 21800 to 22300 zones,” Chandan Taparia, Senior Vice President | Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a bullish candle on the daily scale on Monday with a long lower shadow which indicates that every small decline is being bought in the market,” he said. “Now the index has to hold above 22000 zones, for an up move towards 22222 then 22350 zones while on the downside support exists at 21950 and 21850 zones,” recommended Taparia. We have collated a list of stocks from the F&O basket along with cash market from various experts for traders who have a short-term trading horizon:

Gold fell slightly on Tuesday as the U.S. dollar and Treasury yields jumped, with investors awaiting comments from a host of Federal Reserve speakers this week for more clarity on the central bank's interest rate trajectory.

Sensex closed above the 73,000 level for the first time while broader Nifty scaled the 22,000-point peak on Monday as key stock indices stayed on the record-breaking run. Stocks that were in focus included names like Just Dial, which rose 1.82%, HDFC Life, which declined 3.55%, and Wipro, whose shares jumped 6.37% on Monday. Here's what Kushal Gandhi, Technical Analysts at Stoxbox, recommends investors should do with these stocks when the market resumes trading today.