Latest Stock Market News

Voltas shares 1.99% as Nifty gains

Updated at : 2025-01-16 15:10:02

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A total of 15,270 shares changed hands on the counter till 02:08PM (IST).

Brokerage firms, including Yes Securities and Emkay, have provided positive recommendations on key stocks like Angel One and Dixon Technologies. They highlight significant upside potential over a one-year period, such as a 26% rise for Angel One, 22% for Dixon Technologies, and 28% for Devyani International, encouraging investors to consider these stocks carefully.

​But there is a whole lot that has combined to probably disappoint the markets but then there is probably a whole lot of monitorables that can turn it around as well for Reliance over the next 12 to 18 months.

HDFC AMC shares 1.34% as Sensex rises

Updated at : 2025-01-16 13:20:03

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On the technical charts, the RSI of the stock stood at 46.9.

Avenue Supermart shares 1.08% as Nifty gains

Updated at : 2025-01-16 13:20:03

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The stock quoted a 52-week high price of Rs 5484.00 and low of Rs 3400.00.

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A total of 19,043 shares changed hands on the counter till 01:02PM (IST)

The Indian market is expected to trade higher on Thursday, supported by positive global cues. India VIX dipped, indicating reduced investor concerns. Derivatives data shows cautious sentiment with key resistance at 23,300 and support at 23,200. Experts recommend a "Buy near support, sell near resistance" strategy. Stocks like BSE, Elecon Engineering, and Power Grid are suggested for short-term trading.

TCS shares will trade ex-dividend on the record date, January 17. When shares are traded ex-dividend, they no longer include the value of the upcoming dividend payment, which determines shareholder eligibility for the payout.

Indian benchmark indices, Sensex and Nifty50, opened higher on Thursday for the third consecutive day, driven by US core inflation data that rose less than expected in December, boosting hopes for further Federal Reserve rate cuts. The Sensex rose by 431 points to 77,155, while Nifty50 gained 123 points to 23,336. Other Asian markets also saw gains.

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