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Indian Indices

I) Nifty: opened at 23783 and touched a high of 24226, then a low of 23751 and closed at 24188 with a total of +445 points in Positive.

II) Bank Nifty: opened at 51084 and touched a high of 51672, then a low of 50922, and closed at 51605 with a total of +544 points Positive.

III) Sensex: opened at 78657 and touched a high of 80032, then a low of 78542, and closed at 79943, with a total of +1436 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 +160 points in Positive.

NSE Advance and Decline

Nifty 500 Top Gainer Market

1. Eicher Motors:- Royal Enfield exported 11,575 motorcycles during the month as compared to 6,096 during the same period last year, a rise of 90%
2. Bajaj Finserv:-Bajaj Finance Share Price: Citi expects Bajaj Finance to maintain stable loan growth, supported by a 3-5 basis point improvement in net interest margin, boosting profitability. While credit costs are projected to rise slightly to 2.2-2.5%, the note added that the company’s strong fundamentals remain solid.

Nifty 500 TOP LOSER Market

1. Petronet LNG:- Petronet LNG share price: Petronet LNG's shares tanked by 8.5% on Thursday, January 2, after critical comments from the Petroleum and Natural Gas Regulatory Board (PNGRB) concerning tariff-related issues. Further, Citi issued a bearish report on the stock, placing it under a 90-day negative watch. The PSU has now issued a clarification on this.

2. Suzlon Energy:- Shares of Suzlon Energy Ltd hit an upper circuit of 5% in the afternoon session on Wednesday. A series of developments for Suzlon Energy triggered the rally in the multi-bagger stock. The multi-bagger stock hit an upper circuit of 5% at Rs 65.34 against the previous close of Rs 62.23 on BSE. 

Sectoral Performance

Outperforming stocks vs. nifty 500 over 1 week

Underperforming Stock vs Nifty 500 over 1 week

Stock With Rising Volume

Headlines

Here are some of today's notable stock-specific headlines from the Indian stock market:

• Kotak Mahindra Bank: Shares rose by 2.68% to ₹1,836.00, outperforming the BSE SENSEX Index, which increased by 1.83% to 79,943.71. Despite this gain, the stock remains ₹117.00 below its 52-week high of ₹1,953.00. MarketWatch
• Reliance Industries Ltd.: The stock increased by 1.64% to ₹1,241.65, slightly underperforming the broader market. It is still ₹367.30 below its 52-week high of ₹1,608.95. MarketWatch
• Titan Co. Ltd.: Shares surged by 4.22% to ₹3,391.40, outperforming the market. However, the stock is ₹493.60 below its 52-week high of ₹3,885.00. MarketWatch
• Ashok Leyland: The stock advanced by 2% following a rise in December sales. Reuters
• CSB Bank: Shares climbed 4% after reporting a 26% increase in gross advances for the December quarter. Reuters
• Sandur Manganese: After approval to increase iron ore production, the company's stock added 3%. Reuters

Overall, the Indian stock market experienced gains today, led by the financial and IT sectors, with the Nifty 50 up 0.4% and the BSE Sensex gaining 0.38%.

Reuters

Key Stock Movements in Today's Indian Market

Reuters

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