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Five Nifty50 stocks, including Kotak Mahindra Bank, Wipro, NTPC, Britannia Industries, and Titan Company, show strengthening momentum as their RSI values cross above 50, signaling potential upward movement and buying opportunities.

The impact on the economy will be offsetting each other and we will have to wait and see what the net result is. So, you are saying that, well, the dollar is going to strengthen and so will the dollar strengthen this is going to be bad for the budget and it is going to be bad for growth or at least for exports, well you are not saying that the deregulation is not going to offset all of that or that the tax cuts will not offset that.

Analyst recommendations suggest strong growth potential in the next year for stocks like SBI Life, Wipro, and Kotak Mahindra Bank, with projected upsides ranging from 16% to 28%. Notable brokerage firms such as Nomura, Jefferies, Motilal Oswal, and Macquarie provide these ratings based on robust performance metrics.

As India approaches Budget 2025, expectations are high for a focus on capital expenditure to drive economic recovery. Analysts highlight sectors like power, renewable energy, and defence for growth, recommending stocks such as Hitachi Energy, Siemens, and L&T. Despite recent market declines, experts see opportunities in select industries, urging investors to adopt a long-term, buy-on-dips strategy.

As of 31-Dec-2024, promoters held 68.57 per cent stake in the company, while FIIs held 7.45 per cent and domestic institutional investors had 5.4 per cent.

The cash burn is not a question here. The question here is that Blinkit has always focused on assortment, on user experience, and on trying to basically be better ahead of peers. Their focus remains to be on that and not on cash burn.

The stock traded at a P/E multiple of 57.44, while the price-to-book value ratio stood at 14.15.

Gold and silver futures saw higher trading on January 20, 2025, with gold at Rs 78,850/10 grams and silver at Rs 92,064/kg. Gold prices surged by Rs 2,400 and silver by Rs 3,700 in the last month. Amid geopolitical tensions and market volatility, analysts expect continued fluctuations in prices, with support and resistance levels identified for both metals.

As India prepares for the Union Budget, ITC investors watch for potential cigarette tax policies. Brokerage Nuvama predicts a modest tax hike, despite urban slowdown. ITC’s cigarette business shows growth potential, but FMCG struggles. Nuvama retains a ‘buy’ rating with a target price of Rs 571, implying a 29% upside from current levels.

A total of 3,112 shares changed hands on the counter till 11:03AM (IST).