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I) Nifty: opened at 23099 and touched a high of 23169, then a low of 22981, and closed at 23155 with a total of +130 points in Positive.
II) Bank Nifty: opened at 48689 and touched a high of 48781, then a low of 48074, and closed at 48724 with a total of +153 points Positive.
III) CNX Finance: opened at 22607 and touched a high of 22679, then a low of 22367, and closed at 22650, with a total of +101 points in Positive.
IV) Nifty Mid Select: open 12034 and touched a high of 12054, then a low of 11750 and closed at 11918, With a total of -94 points in Negative.
1. Bombay Burmah:- Trading Corporation's stock rose by 5.34% on January 22, 2025, opening at a 3.04% gain and reaching an intraday high of Rs 2083.45. The company outperformed its sector by 5.09% for the day, though it has declined 5.48% over the past month.
2. Bajaj Holdings:- Shares of Bajaj Holdings & Investment Ltd. traded 5.34 percent in Wednesday's trade at 10:00 AM (IST). Around 3,120 shares changed hands on the counter.
1. Kaynes Technology:- Shares of Kaynes Technology India Ltd. are down another 8% on Wednesday, January 22, after a 9% drop during Tuesday's trading session.
2. Netweb:- has faced a significant decline in its stock performance, falling 5.47% on January 22, 2025, and experiencing a total drop of 17.85% over four consecutive days. The stock is trading below all major moving averages and has decreased by 26.89% in the past month.
Here are the key stock-specific headlines from the Indian stock market on January 22, 2025:
On January 22, 2025, India's benchmark indices experienced a modest recovery after a recent decline. The Nifty 50 rose by 0.29% to 23,092.46 points, and the BSE Sensex increased by 0.46% to 76,189.48 points. This uptick followed a sharp drop to a seven-month low due to concerns over potential U.S. tariffs. Large-cap stocks like HDFC Bank and Reliance Industries gained about 0.5%, contributing to the rebound.
Infosys Ltd. saw its stock rise by 3.01% in the IT sector, reversing a four-day decline and outperforming its sector by 1.24%. The stock reached an intraday high of Rs 1,852.
However, small-cap and mid-cap stocks continued to face challenges, with declines of 1.5%, each attributed to high valuations. Life insurer ICICI Prudential and electronics manufacturing services company Cyient DLM experienced significant decreases following disappointing financial results.
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