Stocks to buy: Raja Venkatraman's recommends two energy stocks for 12 January
Subscribe to enjoy similar stories. Stock market recap: Stock markets recap: Frontline indices, the Sensex and the Nifty 50, ended in negative territory for the fifth consecutive session on Friday, 9 January, as renewed concerns over US tariffs, caution ahead of the Q2 results season, and relentless foreign capital outflow continued to pressurise market sentiment. The Sensex crashed 605 points, or 0.72%, to end at 83,576.24, while the Nifty 50 declined 194 points, or 0.75%, to close at 25,683.30.
The BSE Midcap index dropped 0.90% while the Smallcap index plunged 1.74%. Five sessions of sell-off have dragged the Sensex down by 2,186 points, or 2.5%. The Nifty 50 has also suffered a cumulative loss of 2.5% over the past five days.
India’s energy storage sector is at a pivotal moment, shaped by the twin imperatives of integrating surging renewable capacity and maintaining grid stability as peak power demand approaches 300 GW. With renewable capacity already exceeding 254 GW and accounting for about 26% of electricity generation—touching a record 51% on a single day—energy storage has emerged as the linchpin in India’s push towards its 500 GW non-fossil capacity target by 2030. Renewable energy momentum India crossed the 50% non-fossil capacity mark in 2025, reaching around 262–263 GW of installed non-fossil power—five years ahead of its Nationally Determined Contribution (NDC) targets.
Combined installed and pipeline capacity now stands at roughly 507 GW. The country added nearly 50 GW of renewable capacity in 2025 alone, supported by investments of about ₹2 trillion, led by around 35 GW of solar installations between January and November. This expansion has taken total installed power capacity to about 510 GW, with
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