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Santosh Rao believes the Trump agenda is likely to favor market growth for the next two to three quarters. A positive signal comes with the Gaza ceasefire and promising economic indicators. The market sentiment is optimistic, and potential interest rate cuts are anticipated in the latter half of the year.

The Relative Strength Index of the stock stood at 39.7 on Thursday.

The point is, you always had in between bad years. So, people say that if you do it for five years, it looks very good. You make it seven years, it looks ordinary, because 19 and 20 were very bad. So that is what you cannot just randomly.

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The Nifty Auto index was trading 0.55 per cent at 22837.05.

HDFC Life, IRFC among 5 stocks with long buildup

Updated at : 2025-01-16 13:10:02

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On January 16, five stocks saw long buildup: HDFC Life, Adani Enterprises, Adani Green Energy, IRFC, and HUDCO, with increased open interest and price rises signaling bullish trends.

Shree Cements shares 1.3% as Sensex rises

Updated at : 2025-01-16 13:10:02

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A total of 58 shares changed hands on the counter till 11:51AM (IST)

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GAIL shares 0.42% as Nifty gains

Updated at : 2025-01-16 13:10:02

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The stock quoted a 52-week high price of Rs 246.35 and low of Rs 155.85.

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Stocks that were in focus include names like RIL, which rose 1.07% and Infosys, which gained 0.6% and Axis Bank, whose shares fell 2.5% on Wednesday.

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