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Nifty closing lower despite relative strength in the broader market. The Nifty faced selling pressure throughout the session, ending the day at 23,203, while the volatility index (India VIX) rose by 1.82%, signaling increased market uncertainty. Technically, the Nifty formed a hammer candle on the daily chart, suggesting some buying interest at lower levels but remains below its 250-day Simple Moving Average (SMA) of 23,560. This, coupled with a doji formation on the weekly chart, points to indecision. While the Nifty Midcap and Smallcap indices closed with modest gains, the overall market sentiment remains cautious.

RedNote is filled with Americans who find that its users are obsessed with Luigi Mangione. Luigi Mangione, the alleged CEO killer, has caused a stir on China's RedNote social network.

Indian equity market has been witnessing a steady decline over the past four months. After reaching a new all-time high on September 27, 2024, the benchmark Nifty 50 index has fallen by 11.5%. This correction is because of several factors, like weaker-than-expected GDP growth and lower-than-expected quarterly earnings, which have dampened investor sentiment. As a result, there has been a notable shift in investor sentiment from a «risk-on» to a «risk-off» approach, favoring defensive sectors over aggressive ones. This sentiment shift is reflected in the performance of sectoral indices since the Nifty 50's peak. Defensive indices such as Nifty IT, Nifty Pharma, Nifty Healthcare, and Nifty FMCG have demonstrated resilience, with comparatively smaller drawdowns during the broader market decline.

skills-based hiring practices by removing degree requirements, a significant increase compared to the global figure of 19 per cent, said World Economic Forum (WEF) in its Jobs Report 2025.

They added that Jio's low (1.3 million net) mobile user additions despite it not raising tariffs for feature phone users last July was a «negative surprise».

Subscribe to enjoy similar stories. For a fleeting moment, the sky turns deep grey. The last wisps of peachy twilight disappear.

China’s population has fallen for the third straight year, pointing to further demographic challenges for the world’s second most populous nation that is now facing both an aging population and an emerging shortage of working age people able to support...

Subscribe to enjoy similar stories. China’s population continued to decline last year—though births edged up for the first time in eight years—falling for a third straight year as deaths outpaced births. China had seen birth numbers plummet since 2017, the year after it ended the one-child policy, despite Beijing’s encouragement of couples to have three children.

From this critical support level, the stock strongly rebounded, forming a «Three White Soldiers» candlestick pattern on the daily chart, accompanied by significant volume.

Indian Hotels Company Ltd. traded 0.78 per cent up at Rs 805.30 at around 12:32PM (IST) on Friday. The stock had closed at Rs 811.70 in the previous session. Equity benchmark Sensex traded 373.53 points at 76669.29 around the same time.

Cummins India Ltd. 0.31 per cent to Rs 2916.50 in Friday's trade as of 11:01AM (IST). The stock hit a high price of Rs 2960.00 and low of Rs 2906.05 during the session. The return on equity (ROE) for the stock stood at 26.02 per cent. Traded volume on the counter stood at 11:01AM shares and turnover at Rs 0.43 crore around that time. The stock of Cummins India Ltd. quoted a 52-week high price of Rs 4169.50 and 52-week low prices of Rs 1949.65, respectively.

Voltas Ltd. 0.37 per cent to Rs 1594.40 in Friday's trade. It hit a high of Rs 1615.10 and low of Rs 1578.70 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1598.81, while the 50-DMA was at Rs 1717.02. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Tata Power Company Ltd. traded 0.05 per cent up at Rs 368.75 at around 11:11AM (IST) on Friday. The stock had closed at Rs 368.95 in the previous session. Equity benchmark Sensex traded 679.21 points at 76363.61 around the same time.

Subscribe to enjoy similar stories. Redington Ltd: Buy at ₹216.40; Target ₹227-232; Stop loss ₹209. The stock performed well yesterday, rallying 4.67% and successfully closing above the important ₹211 level.

Mayuresh Joshi, Head-Equity, Marketsmith India, says global circumstances, including Trump's potential return to office and global inflation trends, are largely beyond our control. While recent data showed some improvement, uncertainty remains, particularly regarding its effects on bond yields and interest rates. Currently, the situation is inconsistent, and corporate earnings may continue to weaken, posing challenges for emerging markets. A selective approach is essential this year, focusing on specific sectors and individual stocks, making it a market driven by stock selection. We can safely say we are out of the woods once a large chunk of earnings is behind us because that, in some sense, is the true litmus test? Mayuresh Joshi: Absolutely, right. Out of all the large emerging markets that we track, earnings is going to be a big concern, and specifically because of that, earnings downgrades. India, Hong Kong, and China are something that we put under pressure as far as the market outlook is concerned. And therefore, how this earnings season plays out specifically and what corporates have to say in terms of the outlook ahead for 2025 is going to be extremely critical.

NSE SME platform later today. If the GMP trends are taken into account, the stock is likely to see a healthy listing. Currently, Sat Kartar Shopping GMP is around Rs 40 and compared with the IPO price of Rs 81, this is a premium of 49%.

Stocks that were in focus include names like SBI Life, which rose 3% and DMart, which gained 1% and LTIMindtree, whose shares jumped 2.5% on Thursday.

Subscribe to enjoy similar stories. Today's market session began with a gap-up opening at 23,377 (+163 points). The index subsequently declined 119 points from the opening level to 23,272 but rebounded to close at 23,311.

Subscribe to enjoy similar stories. Indian benchmark indices Nifty and Sensex sustained their upward momentum for a third consecutive session on 16 January, driven by robust gains in metal, energy, and public sector bank stocks. This positive trend followed the softer-than-expected US inflation data for December, boosting hopes for additional interest rate cuts by the US Federal Reserve in 2025.

Rachel Reeves, the U.K.’s new chancellor of the exchequer, had a goal in mind when she flew to Toronto last August to meet with the heads of some of Canada’s largest pension funds.