Benchmark indices continued to trade in the positive, driven by positive sentiment following mild US inflation data. Concerns eased about the US Fed's interest rate, as US core inflation data for December came in lower than expected, boosting hopes for further easing by the Federal Reserve. Railway stocks surged amid reports that the Union Budget 2025-26 could see a significant 15-18% hike in budgetary allocation for the Ministry of Railways. As per report, the government may allocate Rs 2.9-3 lakh crore as gross budgetary support (GBS) for Indian Railways in 2025-26.
| Sensex | 77042.82 | +318.74 | +0.42% |
| Nifty 50 | 23311.80 | +98.60 | +0.42% |
| Nifty Bank | 49278.70 | +527.00 | +1.08% |
| Dow Jones | 43221.55 | +703.27 | +1.65% |
| SGX | 23388.50 | +126.50 | +0.54% |
NIFTY 50 FUT
CORPORATE NEWS
- India's merchandise exports dip by 1% to $38.01 billion in December
- Exide Industries invests Rs 150 crore in EESL
- Deep Industries acquires 100% equity stake of INDRA
- Zen Technologies secures design registration for 60 mm Mortar Training Simulator
- Adhata Global enters into Terms Sheet with Signature Pannel
- Standard Capital Markets raises Rs 56 crore through NCDs
- Rail Vikas Nigam bags LoA worth Rs 3622.14 crore
- Gensol Engineering enters into strategic tie-up with Refex Green Mobility
- Garuda Construction wins order worth Rs 1087.34 crore
- Refex Industries’ arm enters into strategic tie-up with Gensol Engineering
- Sun Pharma to acquire 100% stake in Antibe
- Gland Pharma gets EIR from USFDA for Hyderabad facility
- Waaree Technologies receives order for supply of Solar offgrid Combo
- Delhivery launches Rapid Commerce - a sub 2-hour delivery service for brands
- LT Foods incorporates step-down subsidiary company
- Gail (India) inks settlement agreement with SEFE Marketing & Trading Singapore
- DMR Hydroengineering hikes stake in DM Consulting Engineers
- Punjab & Sind Bank reports over 2-fold jump in Q3 net profit
- Garuda Construction wins order worth Rs 1087.34 crore
- Swiggy to incorporate subsidiary
- Shalby’s step down arm receives USFDA’s approval for Duraniom
CORPORATE ACTIONS
| Symbol | Face Value | Purpose | Ex-Date | Record Date |
| CESC | 1 | Interim Dividend - Rs 4.50 Per Share | 16-Jan-25 | 16-Jan-25 |
| PCBL | 1 | Interim Dividend - Rs 5.50 Per Share | 16-Jan-25 | 16-Jan-25 |
| TCS | 1 | Interim Div-Rs 10/Share Spl Div-Rs 66/Share | 17-Jan-25 | 17-Jan-25 |
| HCLTECH | 2 | Interim Div-Rs 12/Share Spl Div-Rs 6/Share | 17-Jan-25 | 17-Jan-25 |
| JAIBALAJI | 10 | Stock split from Rs 10/-Share To Rs 2/-Share | 17-Jan-25 | 17-Jan-25 |
| KITEX | 1 | Bonus 2:1 | 17-Jan-25 | 17-Jan-25 |
| GLOBE | 2 | Rights 1:2 @ Premium Rs 1/- | 17-Jan-25 | 17-Jan-25 |
| NAVA | 2 | Stock split from Rs 2/-Share To Re 1/-Share | 20-Jan-25 | 20-Jan-25 |
| ANGELONE | 10 | Interim Dividend - Rs 11 Per Share | 21-Jan-25 | 21-Jan-25 |
KEY SUPPORT & RESISTANCE LEVELS
| Company | LTP | Resistance | Support | ||
| R1 | R2 | S1 | S2 | ||
| NIFTY 50 | 23,352.25 | 23644 | 23936 | 23025 | 22698 |
| NIFTY BANK | 49,386.40 | 50004 | 50621 | 48695 | 48004 |
| FINNIFTY | 22,984.85 | 23272 | 23559 | 22663 | 22341 |
| HDFCLIFE | 641.70 | 650 | 658 | 633 | 624 |
| BEL | 277.5 | 281 | 284 | 274 | 270 |
| SBILIFE | 1515.35 | 1534 | 1553 | 1494 | 1473 |
| SHRIRAMFIN | 546.95 | 554 | 561 | 539 | 532 |
| ADANIPORTS | 1,154.05 | 1168 | 1183 | 1138 | 1122 |
| ONGC | 263.35 | 267 | 270 | 260 | 256 |
| ADANIENT | 2433 | 2463 | 2494 | 2399 | 2365 |
| HINDALCO | 602.50 | 610 | 618 | 594 | 586 |
| RELIANCE | 1275 | 1291 | 1307 | 1257 | 1239 |
| GRASIM | 2,359.00 | 2388 | 2418 | 2326 | 2293 |
| SBIN | 767 | 777 | 786 | 756 | 746 |
| NTPC | 327 | 331 | 335 | 322 | 318 |
| COALINDIA | 381 | 386 | 391 | 376 | 370 |
| AXISBANK | 1,044.00 | 1057 | 1070 | 1029 | 1015 |
| BHARTIARTL | 1634 | 1654 | 1675 | 1611 | 1588 |
| APOLLOHOSP | 6,800.95 | 6886 | 6971 | 6706 | 6611 |
| INDUSINDBK | 977.5 | 990 | 1002 | 964 | 950 |
| TATAMOTORS | 775.45 | 785 | 795 | 765 | 754 |
| BAJAJFINSV | 1695.9 | 1717 | 1738 | 1672 | 1648 |
| MARUTI | 12094 | 12245 | 12396 | 11925 | 11755 |
| ULTRACEMCO | 10,650.00 | 10783 | 10916 | 10501 | 10352 |
| ICICIBANK | 1252.95 | 1269 | 1284 | 1235 | 1218 |
| BAJFINANCE | 7253.05 | 7344 | 7434 | 7152 | 7050 |
| TATASTEEL | 127.70 | 129 | 131 | 126 | 124 |
| KOTAKBANK | 1,806.00 | 1829 | 1851 | 1781 | 1755 |
| SUNPHARMA | 1,770.00 | 1792 | 1814 | 1745 | 1720 |
| HDFCBANK | 1654.85 | 1676 | 1696 | 1632 | 1609 |
| M&M | 2979.75 | 3017 | 3054 | 2938 | 2896 |
| JSWSTEEL | 909.70 | 921 | 932 | 897 | 884 |
| BPCL | 268.15 | 272 | 275 | 264 | 261 |
| LT | 3,515.00 | 3559 | 3603 | 3466 | 3417 |
| TECHM | 1,680.00 | 1701 | 1722 | 1656 | 1633 |
| BAJAJ-AUTO | 8,589.00 | 8696 | 8804 | 8469 | 8349 |
| TITAN | 3321 | 3363 | 3404 | 3275 | 3228 |
| POWERGRID | 298.4 | 302 | 306 | 294 | 290 |
| CIPLA | 1443 | 1461 | 1479 | 1423 | 1403 |
| EICHERMOT | 5060.95 | 5124 | 5187 | 4990 | 4919 |
| ASIANPAINT | 2219 | 2247 | 2274 | 2188 | 2157 |
| BRITANNIA | 4,844.90 | 4905 | 4966 | 4777 | 4709 |
| TCS | 4,215.00 | 4268 | 4320 | 4156 | 4097 |
| HEROMOTOCO | 4,076.00 | 4127 | 4178 | 4019 | 3962 |
| HINDUNILVR | 2349.5 | 2379 | 2408 | 2317 | 2284 |
| ITC | 432.90 | 438 | 444 | 427 | 421 |
| NESTLEIND | 2,174.00 | 2201 | 2228 | 2144 | 2113 |
| WIPRO | 288.85 | 292 | 296 | 285 | 281 |
| INFY | 1,920.05 | 1944 | 1968 | 1893 | 1866 |
| TATACONSUM | 938 | 950 | 961 | 925 | 912 |
| HCLTECH | 1,790.15 | 1813 | 1835 | 1765 | 1740 |
| DRREDDY | 1,307.00 | 1323 | 1340 | 1289 | 1270 |
| TRENT | 6,230.00 | 6308 | 6386 | 6143 | 6056 |
