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The NSE Nifty index traded 174.35 points down at 23170.4, while BSE Sensex was 729.04 points at 76344.4 as of 10:27AM(IST)on January 21.

Marico Ltd. 0.28 per cent to Rs 659.25 at 10:27AM (IST) in Tuesday's trade. The stock has hit a high of Rs 665.05 and low of Rs 658.15 so far during the session. The stock had closed at Rs 657.35 in the previous session. The counter has had a total traded volume of 10324 shares so far with a value of Rs 0.69 crore on the NSE. It traded at a price-to-earnings multiple of 54.07 and a price-to-book ratio of 16.73.

While uncertainty eased slightly, concerns regarding tariffs still lingered in the background, as the traders began to adjust their expectations, betting that even if tariffs were imposed, they would likely be less aggressive, traders said.

Bitcoin hit a new all-time high above $109,000 ahead of the inauguration of Donald Trump on Monday, as investor optimism grows that the incoming president will adopt policies that benefit the crypto market.

Bitcoin (BTCUSD) set a new record high ahead of Donald Trump’s inauguration Monday but pared those gains as the new U.S. president, who has been a vocal supporter of the cryptocurrency market, made no mention of it during his inaugural address or other appearances after taking office.

Subscribe to enjoy similar stories. Donald Trump started his new presidential term with an unexpected show of restraint. Just a couple of months ago, Mr Trump had warned that he would announce hefty new levies on his first day back in the White House.

Oberoi Realty shares will be in the spotlight on Tuesday, 21 January, after the company reported a 71.70% year-on-year (YoY) increase in net profit for Q3 FY25, reaching Rs 618.38 crore, up from Rs 360.15 crore in Q3 FY24. The Mumbai-based real estate firm's consolidated revenue from operations stood at Rs 1,411.08 crore for Q3 FY25, a 33.92% YoY rise from Rs 1,053.64 crore in Q3 FY24. On a sequential basis, revenue grew by 7%.

buy call on Reliance Industries with a target price of Rs 1,600. The current market price of Reliance Industries is Rs 1306.6. Reliance Industries, incorporated in 1973, is a Large Cap company with a market cap of Rs 1770034.38 crore, operating in the Diversified sector. Reliance Industries' key products/revenue segments include Petrochemicals, Other Services, Oil & Gas, Others and Income from Retailing for the year ending 31-Mar-2024.

Vodafone Idea shares will remain in focus on Tuesday, January 21, after the Supreme Court upheld a Bombay High Court’s order that asked the income tax authorities to refund excess prepaid tax of Rs 1128 crore to the telecom company. Vodafone had sought refund of prepaid taxes with interest amounting to around Rs 1600 crore for the assessment year 2016-17, which comprised of tax deducted at source and advance tax.

Pashupati Advani, Founder, Global Foray, says the Q-comm space is getting bigger because new players are coming in. The moat is there, but not big enough that people cannot approach it. The quick commerce business is supposedly the new play and Blinkit is very strong in that space. Advani does not know what is going to happen, but it is going to be a bit of slugging, a bit of loss. There was no chance that Zomato would continue to chug along at this kind of pace. Of course, there seems to be a one-time adjustment right now, maybe it was on account that ticketing businesses of Paytm that they acquired. I guess with structural stories like Zomato, it is a factor of how much you want to pay for the business, it is all about valuations. Pashupati Advani: I think Zomato has built a moat, but I do not know if the moat is big enough because there have been a whole bunch of new players that are trying to get in and using price, they are taking away, they are chiselling away some of the market share. As they say, the jury is out. We do not know what is going to happen finally. But this space is here to stay. They are getting more efficient. China has been doing 30-minute deliveries. Probably before Covid they were doing it. So, there is no reason why we cannot do 30-minute deliveries on everything. Zomato is definitely a big player and it is here to be in this space.

Donald Trump said Monday he may impose 25 percent tariffs on Canada and Mexico as early as February 1, while promising punitive measures on other countries as part of new US trade policy.

Dixon Technologies shares will remain in focus on Tuesday, January 21, after the firm reported a 124% jump in its December quarter consolidated net profit at Rs 217 crore versus Rs 97 crore reported in the year ago period. The revenue from operations in Q3FY25 stood at Rs 10,461 crore which was 117% higher from Rs 4,821 crore reported by the company in the corresponding quarter of the previous financial year.

Tata Technologies will report its third quarter later on Tuesday. The company likely had a subdued quarter with flattish revenues and expected decline in the bottomline. JM Financial estimates the revenues to rise by a marginal 0.3% year-on-year (YoY) to Rs 1,301 crore, while another brokerage Kotak Equities sees the same to grow by 0.2% YoY to Rs 1,292 crore.

Stocks that were in focus include names like Tata Technologies, which rose 0.77% and Paytm, which declined 0.7% and Dixon Tech, whose shares jumped 1.72% on Monday.

Stallion India Fluorochemicals IPO received overwhelming response from investors as the issue was subscribed nearly 188 times. This strong demand was led by non-institutional investors and institutional investors, even though retail investors were not too far behind. The share allotment for Stallion India Fluorochemicals will be available for investors late on Tuesday. Investors can check the Laxmi Dental IPO allotment status through BSE and also via the registrar's website.

Subscribe to enjoy similar stories. How should India advance its interests in the Trumpian world that was inaugurated on Monday? As US president, Trump is expected to alter American and global norms on trade, migration, climate change, relations between government and business, the use of military might and more. His avowed goal is to make America great again (MAGA).

Canadian leaders expressed relief that sweeping tariffs were not applied to Canadian products on the first day of Donald Trump’s presidency and that he did not mention America’s major trading partner during his inaugural speech

Tata Technologies, Reliance Power, Cipla, Vodafone Idea, Vedanta among others will be in focus due to various news developments. Tata Technologies, I-Pru Life, Indiamart Shares of Tata Technologies, I-Pru Life and Indiamart will be in focus as the companies will announce their third quarter results today.

Kotak Mahindra Bank and Wipro. Analysts expect the market to trade within a broad range and stock/sector specific action to continue as the Q3 result season is picking up pace. Here's breaking down the pre-market actions:

Asian stocks advanced with US equity futures after President Donald Trump held off from imposing sweeping trade tariffs in his first day in office. Shares climbed from the open in Australia, Japan and South Korea, with the MSCI Asia Pacific Index rising as much as 0.8%. US futures extended their rally from Monday when the cash market was closed. Asian currencies strengthened as Bloomberg’s gauge of the dollar dropped for a second day. Treasuries climbed.

Subscribe to enjoy similar stories. The Nity50 opened with a significant gap up of 102 points at 23,306.20. However, sellers intervened and pulled the index down 136 points to 23,170.65.