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Table of Contents
Indian Indices
I)Nifty: opened at 23637 and touched a high of 23822, then a low of 235562 and closed at 23742 with a total of +98 points in Positive.
II) Bank Nifty: opened at 50841 and touched a high of 51321, then a low of 50485, and closed at 51060 with a total of +200 points Positive.
III) Sensex Nifty: opened at 78265 and touched a high of 78759, then a low of 77898, and closed at 78507, with a total of +368 points in Positive.
IV) Nifty Mid Select: open 12911 and touched a high of 12946, then a low of 12820, and closed at 12934, With a total of +45 points in Positive.
NSE Advance and Decline
Nifty 500 Top Gainer Market
Tanla Platforms:- Tanla Platform's share price today soared as much as 11.5 percent to Rs 750 per share on the National Stock Exchange (NSE). At 1:40 PM, Tanla shares were trading near the day’s high on the NSE against a 0.4 percent rise in the Nifty today.
Century Plyboards:- saw a 5.75% decline in stock value on December 30, 2024, continuing a downward trend with a total drop of 7.78% over three days. The stock traded between Rs 700.85 and Rs 767.5, reflecting significant volatility, and is currently below all major moving averages.
Nifty 500 TOP LOSER Market
Godfrey Phillips:-Ltd. Saw a 3.06% decline on December 30, 2024, continuing a downward trend with a total drop of 7.45% over two days. The stock reached an intraday low of Rs 5,091.7 and is currently above its 200-day moving average but below shorter-term averages.
Sectoral Performance
Outperforming stocks vs. nifty 500over 1 week
Underperforming Stock vs Nifty 500over 1 week
Stock With Rising Volume
Headlines
Mahindra & Mahindra Ltd.: The company reported an 18% increase in December SUV sales to dealers, driven by strong demand for models like the 'Thar ROXX' and 'XUV 3X0'. This performance led to a 1.5% rise in Mahindra's share price, contributing to its status as the best-performing auto stock in 2024 with a nearly 74% increase. Reuters
Wipro Ltd.: Shares declined by 0.56% to ₹300.30, underperforming the BSE SENSEX Index, which rose by 0.47% to 78,507.41. Wipro's stock remains below its 52-week high of ₹319.95, with trading volumes significantly lower than the 50-day average. MarketWatch
Bharti Airtel Ltd.: The stock saw a modest increase of 0.50% to ₹1,596.05, slightly underperforming the broader market. It remains below its 52-week high, with trading volumes lower than the 50-day average. MarketWatch
Larsen & Toubro Ltd.: Shares rose by 1.64% to ₹3,667.20, outperforming the BSE SENSEX Index. The stock is below its 52-week high, with trading volumes lower than the 50-day average. MarketWatch
Tata Consultancy Services Ltd.: The stock increased by 0.38% to ₹4,112.80, underperforming the broader market. It remains below its 52-week high, with trading volumes significantly lower than the 50-day average. MarketWatch
Power Mech Projects Ltd.: The stock surged 5% following a ₹294 crore order from Adani Power, with trading volumes surpassing its one-month daily average. Moneycontrol
IREDA: Shares rallied 6% as Q3 loan disbursement jumped 41%, indicating strong financial performance. Economic Times
SJVN Ltd.: The stock jumped 3% after signing a ₹5,663 crore Memorandum of Understanding with the Bihar government, signaling potential growth opportunities. Economic Times
These movements reflect sector-specific developments and broader market trends influencing individual stock performances.
Key Indian Stock Market Movements on January 1, 2025
Techpreneur and adept trader, Sauravsingh Tomar seamlessly blends the worlds of technology and finance. With rich experience in Forex and Stock markets, he's not only a trading maven but also a pioneer in innovative digital solutions. Beyond charts and code, Sauravsingh is a passionate mentor, guiding many towards financial and technological success. In his downtime, he's often found exploring new places or immersed in a compelling read.
