Stock Market Live: Nifty, Sensex Off Days Lows

The NSE Nifty 50 and BSE Sensex were trading off the day’s low as of 10:18 a.m. as the Nifty 50 was trading 0.73% down at 23,259.70, and the Sensex was trading 491.85 points down at 76,894.21.

Stock Market Live: Standard Glass Lining Shares Debut At A Premium

Shares of Standard Glass Lining Technology Ltd. debuted on the BSE at Rs 176 apiece, a premium of 25.7% over the issue price of Rs 140 per share. The stock listed on the National Stock Exchange at Rs 172 per share, marking a premium of 22.86%.

Stock Market Live: Most IT Stocks Down Ahead Of HCLTech Results

Most IT stocks were down on Monday, led by 4% decline in midcap player Coforge. Only TCS, Infosys and L&T Technology Services were trading in green. This comes ahead of HCLTech’s results.

Stock Market Live: Broader Markets Underperform Benchmark Indices

Broader markets underperformed benchmark indices. The BSE Midcap and Smallcap indices were trading 1.55% and 1.59% lower, respectively.

Stock Market Live: PCBL Shares Fall Nearly 9%

The shares of PCBL Ltd. fell nearly 9% on Monday after reporting a decline in third-quarter net profit. Its profit saw a 37.1% decline in net profit to Rs 93.1 crore.

Stock Market Live: Just Dial Shares Fall Over 7%

The shares of Just Dial Ltd. fell over 7% on Monday after reporting a decline in third-quarter net profit. The stock has seen a volatile 2025 so far after it reported a 50% rally in the previous year.

Read full story here.

Market Can Go Down Another 5-7%, says Manish Sonthalia of Emkay Investment Managers

First kind of capitulation that started on Friday and is continuing. It is to do with uncertainty around budget and regime change in the US.

“It is just a correction,” said Manish Sonthalia, Director & CIO at Emkay Investment Managers. Markets needed a reason to correct and uncertainty around budget and regime change in the US are few of the reasons. The markets can go down another 5-7% percent, but not anymore, he told NDTV Profit. He further added that he doesn’t see markets sustaining below the 22,000-mark for very long.

Stock Market Live: All Sectors Trade In Red

All major sectors like Nifty realty, Nifty oil and gas, Nifty auto and Nifty metal were in the red. While Nifty Realty saw a drop of 2.06%, Nifty IT was down 0.57% after being in green on Friday.

Stock Market Live: HDFC Bank, RIL Lead Declines

IndusInd Bank Ltd. was the only stock in the positive, while HDFC Bank Ltd., Reliance Industries an ICICI Bank weighed the most on Nifty 50.

Stock Market Live: Nifty, Sensex Open Lower

The NSE Nifty 50 and BSE Sensex declined on Monday ahead of HCL Tech results. The Nifty 50 opened 236.10 points or 1.01% down at 23,195.40, and the Sensex was 749.01 points or 0.97% down at 76,629.90.

Stock Market Live Update: Nifty, Sensex Trade Lower Pre-Open

At pre-open, the NSE Nifty 50 was trading 236 points or 1.01% lower at 23,195.40. The BSE Sensex was 749.01 points or 0.97% lower at 76,629.90.

Rupee Vs Dollar Today: Indian Currency Hits 86 For The First Time

Rupee weakened by 5 paise to open at 86.20 against the US Dollar. It closed at 85.97 on Friday.

Source: Bloomberg

The dollar index is 0.16% higher at 109.83. Brent crude is up 1.50% to $80.96.

BSE Share Price Target: Goldman Sachs Initiates Coverage

Goldman Sachs on Monday initiated coverage on BSE with a ‘neutral’ rating and a target price of Rs 5,060 per share, a 1% potential upside.

BSE is the second-largest stock exchange and is poised to benefit from strong growth tailwinds, the brokerage said in its report. It also added that robust nominal growth in listed earnings is expected to boost trading revenues.

Retail participation and derivatives to provide structural long-term growth opportunities, said Goldman Sachs.

Rupee Vs Dollar: Check Today’s Trading Range

The Indian Rupee ended flat at 85.97 on Friday, after trading within a intraday range of 85.86 to 85.97.

The currency is expected to open around 86.11 and is likely to trade in a range of 86 to 86.30 amid broad Dollar Strength, according to India Forex And Asset Management Pvt.

Meanwhile, the 1-year forward yield came off 15 basis points to 2.55% as the Reserve Bank of India conducted buy-sell swaps. On the other hand, the 3-month at-the-money-forward (ATMF) implied volatility rose by 6 basis points to 3.33%.

Avenue Supermarts Q3 Results Review: What Brokerages Say

The profit margin of Indian supermarket chain Avenue Supermarts Ltd. is set to come under pressure amid its margin focus while the competition in the industry is on the rise, analysts noted after the third quarter earnings missed expectations.

DMart has deployed increasing discounts across segments to protect bill size and growing footfall despite rising competition from quick commerce, Nuvama Institutional Equities said in a report.

“Margins would continue to be under pressure amid the high competition and management’s focus on market share followed by margins,” Nuvama said.

The brokerage cut its profit estimates for fiscal 2025 and 2026 by 11% and 17.4%, respectively, on account of lower margins. It maintained its ‘hold’ with and lowered its target to Rs 4,212 apiece, from Rs 5,040 per share earlier. This implies an upside of 13% from previous close.

Nifty Today: What F&O Cues Indicate

  • Nifty January futures down by 0.56% to 23,515 at a premium of 84 points.

  • Nifty January futures open interest down by 0.72%.

  • Nifty Options Jan. 16 Expiry: Maximum call open interest at 24,500 and maximum put open interest at 22,000

  • Securities in ban period: Bandhan bank, Hindustan copper, Manappuram Finance, RBL Bank, LTF

Dollar Check

The US Dollar index is up 0.03% at 109.52.

  • Euro was up 0.03% at 1.0241.

  • Pound was down 0.16% at 1.2187.

  • Yen was up 0.13% at 157.56.

Stock Market Live: Global Check

Stocks in the Asia Pacific region began the week cautiously as uncertainties mounted on future rate cuts by the Federal Reserve following the latest US jobs data.

While Japan’s market is closed on Monday for a holiday, South Korea’s Kospi was down 17 points or 0.71% at 2,497. Future contracts in Mainland China and Hong Kong pointed to a negative start.

The equity benchmark in China is seeing their worst start to a year since 2016 after falling over 5% in the first seven trading sessions of 2025.

Stock Market News Live: Global Check

All three main US stock market indices ended lower on Friday, with the Dow Jones Industrial Average closing 696 points lower, or 1.63%. The S&P 500 shed 1.54%. The Nasdaq Composite lost 1.64%.

Brent crude was trading 1.73% higher at $81.14 a barrel. Gold spot was trading 0.17% lower at $2,685.29 an ounce as of 7:36 a.m.

Stock Market News Live: GIFT Nifty Above 23,300

The GIFT Nifty was trading above 23,300 early Monday. The futures contract based on the benchmark Nifty 50 was 0.04% or 9.50 points lower at 23,318 as of 7:15 a.m.

Indian equities seesawed through gains and losses but closed lower for the second consecutive day on Friday as financials, pharma and energy stocks weighed. Gains in information technology stocks helped soften the decline.

The NSE Nifty 50 ended 95 points or 0.4%, lower at 23,431.5, while BSE Sensex closed 241.3 points or 0.31%, down at 77,378.91.

. Read more on Markets by NDTV Profit.GIFT Nifty, the futures contract based on the benchmark Nifty 50, was 0.04% or 9.50 points lower at 23,318 as of 7:15 a.m.  Read MoreMarkets, Business, Notifications 

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