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Market Recap 21-1-2025

Sebencapital

Published
21/01/25
Market Recap 21-1-2025



Indian Indices

I) Nifty: opened at 23421 and touched a high of 23426, then a low of 22976, and closed at 23024 with a total of -320 points in Negative.

II) Bank Nifty: opened at 49532 and touched a high of 49543, then a low of 48430, and closed at 48570 with a total of -779 points Negative.

III) CNX Finance: opened at 23003 and touched a high of 23009, then a low of 22492, and closed at 22548, with a total of -337 points in Negative.

IV) Nifty Mid Select: open 12363 and touched a high of 12371, then a low of 12003 and closed at 12013, With a total of -343 points in Negative.


NSE Advance and Decline


Nifty 500 Top Gainer Market

1. Global Health:-  Global Health shares (NSE: MEDANTA) have been recovering well, opening at ₹1,001.10 on Jan 21, 2025. It is down by a small margin from the previous close of ₹1,001.60. The stock has been highly volatile over the past few weeks, with a trading volume of 441,628 shares and a market capitalization of about ₹27,824 crores. The stock price has reached a high of ₹1,049.00 and a low of ₹1,001.10 during the last trading session.


Nifty 500 TOP LOSER Market

1. Newgen Software:- For the December quarter, Newgen Software reported a 5.5% growth in its topline compared to the September quarter, while its net profit for the period grew by 26.5%.

2. Dixon Technologies:- Out of the 31 analysts who have coverage on Dixon, 16 of them have a "buy" rating on the stock, six of them say "hold", while the other nine have a "sell" rating on the stock.


Sectoral Performance


Outperforming stocks vs. nifty 500 over 1 week


Underperforming Stock vs Nifty 500 over 1 week


Stock With Rising Volume


Headlines

  • Indian shares decline amid uncertainty over U.S. tariff plans: Indian benchmark indexes fell as investors reacted cautiously to U.S. President Donald Trump's announcement of potential 25% trade tariffs on Mexico and Canada. The Nifty 50 dropped by 0.66% to 23,192.9 points, and the BSE Sensex declined by 0.85% to 76,415.35. Reuters
  • Reliance Industries underperforms market: Reliance Industries Ltd. experienced a decline of 2.46% in its stock value, closing at 1,272.95 Indian rupees. This drop occurred amidst a generally negative trading day for the market, as evidenced by the BSE SENSEX Index falling by 1.60% to 75,838.36. MarketWatch
  • Axis Bank outperforms competitors despite losses: Axis Bank Ltd. shares fell by 1.87% to 969.75 Indian rupees amid a tough trading session for the stock market. Despite this decline, Axis Bank outperformed some competitors, including State Bank of India and ICICI Bank Ltd. MarketWatch
  • SEBI considers 'when-listed' securities trading: The Securities and Exchange Board of India (SEBI) is exploring the possibility of allowing 'when-listed' securities to be traded on the country's stock exchanges. These securities can be traded after a company's initial public offering (IPO) closes before officially being listed on the stock exchange. Reuters

These developments reflect the current trends and regulatory considerations impacting the Indian stock market.

Sources

  • Indian stocks dipped as U.S. tariff uncertainties loomed. Nifty 50 fell 0.66% to 23,192.9, and Sensex dropped 0.85% to 76,415.35. Reliance Industries underperformed, losing 2.46% to 1,272.95 INR, while Axis Bank declined 1.87% to 969.75 INR but outperformed peers like SBI and ICICI. SEBI is considering trading 'when-listed' securities post-IPO but pre-listing. These updates reflect global influences and regulatory shifts in India's stock market. (Sources: Reuters, MarketWatch)

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Written by Sauravsingh

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.

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