Latest Stock Market News

Gold February futures fell by 0.27% to Rs 79,813, while silver March futures dropped 1% to Rs 90,680. Last week, both metals gained due to US President Trump’s stance on interest rates and Chinese tariffs. Gold hit a 3-month high. Experts expect volatility this week due to the dollar index and US FED meetings.

​Fundamentally, things are not all that bad post the kind of correction we have seen. Valuations have become reasonable on the largecap side at least if we see across the board and mid and smallcaps in selected pockets.

Central Depository Services (India) Limited (CDSL) shares plummeted by 9.4% intraday following their Q3 results, which showed a 21.5% increase in consolidated profit after tax to Rs 130 crore. While their year-on-year income saw a significant increase, quarter-on-quarter figures showed a decline. CDSL continues to lead as a major market infrastructure institution in India.

Robert Kiyosaki predicts the "biggest stock market crash in history" will occur in February 2025, as mentioned in a recent tweet. While he anticipates shockwaves through traditional markets, he sees this as an opportunity for savvy investors. Kiyosaki believes capital will flow into alternative investments like Bitcoin, which he expects to experience explosive growth amid market instability.

Sandip Sabharwal discusses market outlook with volatility expected from tariff news, budget, and F&O expiry. Opportunities lie in sectors like banks, aviation, FMCG, and large-caps, focusing on strong fundamentals.

Shares of Mazda Ltd will be in the spotlight today due to a 1:5 stock split taking effect on January 28, 2025. Investors need to purchase shares by January 27 to be eligible. The split will convert shares from a face value of Rs. 10 to Rs. 2 each, maintaining total holdings value.

DLF saw a 61% YoY increase in Q3 consolidated net profit to Rs 1,059 crore. The company reported Rs 12,093 crore in new sales bookings, boosted by its latest offering in Gurugram. Jefferies and CLSA both rated DLF positively, citing strong performance and robust demand.

Gurmeet Chadha advises investors to consider banks over NBFCs in the current market due to better stability and reasonable valuations. He highlights opportunities in the banking sector, auto component players, and recycling names. He also stresses the importance of waiting for broader economic indicators to pick up for better investment decisions.