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Gold February futures opened at Rs 78,298 per 10 grams, up 0.18%, while silver March futures rose to Rs 90,747/kg. Gold gained Rs 1,550 in a week, while silver remained flat. Volatility is expected due to the US inflation data and dollar fluctuations. Gold prices in major cities show variations, with pure gold in Delhi priced at Rs 61,328/8 grams.

Premier Energies has secured Rs 1,460 crore in orders from two Independent Power Producers (IPPs) and others. The orders include Rs 1,041 crore for solar modules and Rs 419 crore for solar cells, with supply scheduled to begin in May 2025. This development is expected to keep Premier Energies shares in focus on Wednesday, January 15.

Four large-cap stocks, including Britannia Industries, Hindustan Unilever, LTIMindtree, and HCL Technologies, showed weakening momentum with RSI trending down, indicating potential bearish opportunities.

JM Financial recommends buying Ixigo shares, setting a target price of Rs 180 by March 2026. Ixigo, a growing OTA, reported a consolidated total income of Rs 210.92 crore for the quarter ended September 2024. The company is a market leader in train-ticketing and is expanding its position in flight and bus ticketing.

During the December quarter, domestic mutual funds increased their stakes in several Adani Group stocks while foreign investors reduced their holdings. GQG Partners cut its stake in some Adani stocks, whereas LIC maintained its positions with minor adjustments. The market remains watchful following the Adani Group’s bribery scandal in the US.

The rupee initially gained but then slipped by 2 paise to 86.55 against the US dollar in early trade, influenced by high crude oil prices and foreign fund withdrawal. A retreating US dollar provided some support. Wholesale price inflation rose to 2.37% in December, while retail inflation decreased to 5.22%.

As of 31-Dec-2024, promoters held 0.0 per cent stake in the company, while FIIs held 21.32 per cent and domestic institutional investors had 10.43 per cent.

HDFC Asset Management Company reported a 31% jump in Q3FY25 profit, reaching Rs 641 crore. Its revenue grew 39%, driven by strong QAAUM growth. Despite a recent 15% stock decline, analysts project a 26% upside.

The stock quoted a 52-week high of Rs 896.75 and a 52-week low of Rs 430.85.