Latest Stock Market News

The NSE of India will include six new stocks in the Futures and Options segment from January 31, 2025. The stocks are Castrol India, Gland Pharma, NBCC, Phoenix, Solar Industries India, and Torrent Power. Details about market lot and scheme of strikes will be announced on January 30, 2025.

Pace at which PEs are leaning into India, Japan and ANZ is striking, said top Asian dealmaker. Global capital according to him is truly diversifying in the region as new opportunities spring up across the region. Beijing’s recent fiscal stimulus to spur domestic growth and demand may have opened up a window of opportunity not seen in the last few years.

Sensex rose 200+ points, Nifty50 crossed 23,700. Metals and healthcare drove gains; IT lagged. PTC Industries, Firstsource Solutions, and Amber Enterprises hit fresh highs.

Purnartha launched the Purnartha One Strategy (POS), a customizable, multi-asset, multi-cap portfolio targeting stable returns and wealth preservation. Using VMS and QnQ frameworks, it blends equities, debt, commodities, and REITs, benchmarked against the NIFTY Multi Asset Index.

Sat Kartar Shopping’s SME IPO opens on January 10 to raise Rs 33.80 crore at Rs 77-81/share, with listing on January 17. Funds will support acquisitions, marketing, and tech investments. The Ayurvedic D2C brand reported ₹127.9 crore revenue in FY24.

The Nifty IT index closed 0.68 per cent at 43375.85.

Gold prices climbed Rs 700 to Rs 79,700 per 10 grams in the national capital on Tuesday due to fresh buying by jewellers and retailers and depreciation in rupee, according to the All India Sarafa Association.

The SME IPO of BR Goyal Infrastructure opens today and closes on January 9, aiming to raise Rs 85 crore through a fresh equity sale. Priced at Rs 128-135 per share, with a GMP at Rs 35, the company focuses on infrastructure projects across several Indian states.

Tata Consumer Products shares are nearing a breakout from consolidation, forming a rounding bottom pattern supported by high trading volumes. Analyst Hardik Matalia suggests potential upward momentum towards Rs 1,050. Key levels to watch include the 950 support and 970 resistance, with a Bull Call Spread strategy recommended for potential gains.