KEY ECONOMIC INDICATORS
WORLD ECONOMIC INDICATORS
|
Stocks
|
Change
|
|---|---|
|
🇮🇳 Nifty 50
|
+ 0.59%
|
|
🇮🇳 Sensex
|
+ 0.59%
|
|
🇮🇳 India VIX
|
+ 4.22%
|
|
🇺🇸 S&P 500
|
+ 1.0%
|
|
🇺🇸 Nasdaq
|
+ 1.51%
|
|
🇺🇸 Dow Jones
|
+ 0.78%
|
|
🇪🇺 Euro Stoxx
|
+ 0.8%
|
|
🇨🇳 China A50
|
+ 0.69%
|
|
🇨🇳 DJ Shanghai
|
+ 0.29%
|
|
🇬🇧 FTSE 100
|
+ 0.49%
|
|
🇯🇵 Nikkei 225
|
+ 1.16%
|
|
🇮🇩 IDX Composite
|
+ 0.22%
|
|
🇸🇦 Tadawul All Share
|
+ 0.39%
|
TOP GAINERS ON THE INDIAN STOCK MARKET
|
Stocks
|
Change
|
|---|---|
|
Kotak Mahindra Bank
|
+ 9.15%
|
|
Wipro
|
+ 6.49%
|
|
Bajaj Finance
|
+ 3.58%
|
|
Bajaj Finserv
|
+ 3.18%
|
|
NTPC
|
+ 2.96%
|
TOP LOSERS ON INDIAN STOCK MARKET
|
Stocks
|
Change
|
|---|---|
|
Tata Consultancy
|
– 1.18%
|
|
Mahindra & Mahindra
|
- 0.99%
|
|
Maruti Suzuki
|
- 0.80%
|
|
Tata Motors
|
- 0.67%
|
|
ITC
|
- 0.58%
|
OVERVIEW
The Indian stock market saw positive movement on January 20, with the Nifty index closing at 23,203.2, marking a 0.59% increase. Throughout the session, the Nifty reached a high of 23,391.1 and a low of 23,170.65. Similarly, the Sensex closed 0.59% higher at 76,619.33, rising 454.11 points from its opening. The Nifty Midcap 50 outperformed the Nifty 50, gaining 1.05%, while the Nifty Small Cap 100 also showed a strong performance, closing 1.09% higher.
The performance of private lenders with rising bad loans caused a dip in investor confidence, particularly affecting RBL Bank and Axis Bank. RBL Bank’s shares fell by 5.8% after reporting a significant jump in non-performing loans. Axis Bank also saw a drop of 1.1% on the back of its forecast for prolonged retail asset quality issues. However, Kotak Mahindra Bank surged 9% after reporting a decline in loan slippages.
The banking sector had a strong rally overall, with Kotak Mahindra Bank leading the charge with a 9.21% gain, making it the top performer. The Nifty Private Bank index rose by 2.38%. Meanwhile, PSU banks also experienced strong performance, with the Nifty PSU Bank index jumping nearly 2%.
The metal sector was also buoyed by positive global cues, with the Nifty Metal index rising 1.08%, driven by hopes for easing US-China tensions. On the flip side, the Nifty Auto and FMCG indices were the sectoral laggards, falling 0.52% and 0.11%, respectively.
In commodities, gold prices saw a slight increase, with 22-carat gold priced at ₹7,450 per gram and 24-carat gold at ₹8,123 per gram. Crude oil prices remained stable, holding below $76.9 per barrel as geopolitical tensions eased.
Overall, the session reflected strong sectoral performances, particularly in banking and metals, despite concerns over rising bad loans and global economic uncertainties.