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According to data from the Office for National Statistics (ONS) today (16 January), real GDP is estimated to have shown no growth in the three months to November compared with the previous three-month period. UK inflation lowers to 2.5% in December Services output increased by 0.1% over the month, after falling 0.1% in October, which was revised down from 0% in the ONS' previous release, but similarly to real GDP, showed no growth in the three months to November. Production output fell by 0.4%, continuing the downward trend from the previous month when it dropped by 0.6%, and overa...

foreign institutional investors (FIIs) have been net sellers, offloading about $23 billion from October 2024 to January 2025. The prevailing narrative attributes this to a weakening Indian economy. However, a closer examination reveals a more nuanced reality.

«So, the best thing to do at this point in time is to look for put options on the Nifty or create a bear spread using these two levels and participate on the downside,» says Rahul Sharma, JM Financial Services. Definitely, a gap up start for the Indian markets and good part is we are sustaining those levels but where do you see the markets headed? Are we in for a pre-budget rally maybe or the market can halt a bit before continuing the leg up? Rahul Sharma: So, this seems like a dead cat bounce of sort because the volumes especially if you simply track the Nifty volumes they have not been increasing in the last three trading sessions, that goes to show that the stronger hands are not really buying in this bounce back.

ACC Ltd. 2.62 per cent to Rs 2024.10 in Thursday's trade as of 10:40AM (IST). The stock hit a high price of Rs 2054.00 and low of Rs 2004.05 during the session.

MphasiS Ltd. 2.51 per cent to Rs 2850.00 in Thursday's trade. It hit a high of Rs 2872.00 and low of Rs 2807.75 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 2752.58, while the 50-DMA was at Rs 2949.77. 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.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Bank Nifty Today Live Updates: At current prices Bank Nifty, faces the below Resistance and Support levels As of the last recorded day, the Bank Nifty closed at 48,729.15. This figure reflects the performance of the banking sector and indicates the overall market sentiment towards banking stocks.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Nifty 50 Today Live Updates: At current prices Nifty 50, faces the below Resistance and Support levels As of the last recorded data, the Nifty 50 closed at 23,176.05. This figure reflects the index's performance on that particular day, indicating the overall market sentiment and performance of the top 50 companies listed on the National Stock Exchange of India.

Subscribe to enjoy similar stories. • Muthoot Finance Ltd: Buy ₹2,190; Stop ₹2,150; Target ₹2,300 After a sharp rise seen in GOLD, the associated gold financing stocks have been faring quite steadily. The rise of prices of this counter has been quite steady and the recent market correction did not take much sheen from the prices.

Subscribe to enjoy similar stories. Activist shareholders have revived the ‘core competence’ debate and are targeting conglomerates to get more out of their businesses. Heeding long-standing shareholder demands, the management of ITC Ltd has finally carved out its hotels business into a separate entity.

Subscribe to enjoy similar stories. On 15 January, the market continued to struggle, despite being in a heavily oversold position. Recent upticks are viewed as technical recoveries rather than a true shift in fundamentals.

DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve is missing the bigger picture again.

Bigg Boss 18 finale is just days away, with the final episode set to air on January 19. The season, filled with drama, controversies, and unexpected turns, has kept viewers on the edge of their seats. Among the standout moments this week was contestant Rajat Dalal addressing serious allegations against him during a media press conference inside the house.

U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year

According to data from the Office for National Statistics today (15 January), the downward trend was driven by restaurants and hotels, with the latter recording a 1.9% decline in prices over the month, as opposed to a rise of 3.1% in December 2023.  The CPI index was down from 2.6% in the 12 months to November, however it rose by 0.3% on a monthly basis. Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting Core CPI – excluding energy, food, alcohol, and tobacco – was up 3.2% in the 12 months to December 2024, 0.3 percentage points lower than in November (3.5%). ...

Macquarie has initiated coverage on two key players in the quick service restaurant (QSR) sector, Devyani International and Sapphire Foods, with «Outperform» ratings expressing a positive outlook on the sector in India. The brokerage firm has set a target price of Rs 230 for Devyani International, a Yum! Brands franchisee in India, and Rs 390 for Sapphire Foods.

Shriram Finance Ltd. 2.69 per cent to Rs 530.15 in Wednesday's trade as of 01:54PM (IST). The stock hit a high price of Rs 548.95 and low of Rs 529.45 during the session. The return on equity (ROE) for the stock stood at 15.04 per cent. Traded volume on the counter stood at 01:54PM shares and turnover at Rs 2.91 crore around that time. The stock of Shriram Finance Ltd. quoted a 52-week high price of Rs 730.43 and 52-week low prices of Rs 438.83, respectively.

Lupin Ltd. 1.44 per cent to Rs 2124.05 at 01:49PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 11,639 shares with a turnover of Rs 2.47 crore till 01:49PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 36.84, while the price-to-book value ratio stood at 5.16.

«The large private sector banks is one such pack, while there are of course near term headwinds, credit growth has slowed down, there are pockets of asset quality stress, and margins have been under pressure, we believe that the valuations for that largecap banking space specifically the private sector banks is possibly more than capturing in these kind of headwinds,» says Shibani Sircar Kurian, Kotak Mahindra AMC. The correction that we have been seeing recently, the kind of fall that we have seen across indices, be it the largecap, the midcap, smallcap, do you believe that the valuations have corrected enough to make these stocks attractive now? Do you believe the kind of correction we have seen in valuations is significant enough for us to now confidently say that only good days are ahead? Shibani Sircar Kurian: So, when you look at the correction that we have seen recently over the last couple of months, you must put it in context of what has happened in the last four years, especially since post COVID period. Our markets have had a significant uptrend and it has been a one-way move in the market and therefore, in that context, we must look at the last two months of correction and volatility as something that is possible, given that equity markets have seen such a one-way up move.

Indian Hotels Company Ltd. traded 2.41 per cent up at Rs 800.80 at around 10:15AM (IST) on Wednesday. The stock had closed at Rs 781.90 in the previous session. Equity benchmark Sensex traded 239.07 points at 76738.7 around the same time.

Stocks that were in focus include names like Angel One, which fell 3.1% and HDFC Life, which rose 0.2% and Network18, whose shares gained 3% on Tuesday.