KEY ECONOMIC INDICATORS
WORLD ECONOMIC INDICATORS
|
Stocks
|
Change
|
|---|---|
|
🇮🇳 Nifty 50
|
+ 0.59%
|
|
🇮🇳 Sensex
|
+ 0.42%
|
|
🇮🇳 India VIX
|
+ 1.3%
|
|
🇺🇸 S&P 500
|
- 0.05%
|
|
🇺🇸 Nasdaq
|
- 0.27%
|
|
🇺🇸 Dow Jones
|
- 0.14%
|
|
🇪🇺 Euro Stoxx
|
+ 1.17%
|
|
🇨🇳 China A50
|
- 0.21%
|
|
🇨🇳 DJ Shanghai
|
+ 0.22%
|
|
🇬🇧 FTSE 100
|
+ 0.74%
|
|
🇯🇵 Nikkei 225
|
+ 0.32%
|
|
🇮🇩 IDX Composite
|
+ 1.17%
|
|
🇸🇦 Tadawul All Share
|
+ 0.32%
|
TOP GAINERS ON THE INDIAN STOCK MARKET
|
Stocks
|
Change
|
|---|---|
|
State Bank of India
|
+ 1.64%
|
|
Bajaj Finserv
|
+ 1.47%
|
|
Bharti Airtel
|
+ 1.46%
|
|
Tata Motors
|
+ 1.43%
|
|
IndusInd Bank
|
+ 1.41%
|
TOP LOSERS ON INDIAN STOCK MARKET
|
Stocks
|
Change
|
|---|---|
|
HCL Technologies
|
- 1.87%
|
|
Wipro
|
- 1.54%
|
|
Nestle India
|
- 1.38%
|
|
Infosys
|
- 1.21%
|
|
Hindustan Unilever
|
- 1.15%
|
TOP NEWS
Zee Media Stock Rides High on Redemption News
Gensol Engineering Surges on EV Deal Buzz
HDFC Life Rises After Q3 Numbers Beat Expectations
Kalyan Jewellers Faces Derivatives Ban Amid Stock Slump
SBI on a Roll as Investors Eye Upcoming Quarterly Results
Infosys ADR Takes a Hit Despite Revenue Growth Outlook
Jio’s Stellar Quarter Highlights 5G Dominance and AI Ambitions
OVERVIEW
Indian markets extended their winning streak for a third straight session on January 16, fueled by a mix of global and domestic catalysts. Softer-than-expected U.S. inflation data for December boosted hopes of an earlier-than-anticipated rate cut by the Federal Reserve. Adding to the optimism were robust earnings reports from major U.S. banks like JP Morgan and Citibank and news of a ceasefire agreement between Israel and Hamas. Domestically, a strong Q3 showing from HDFC Life Insurance energized the life insurance sector, while PSU banking stocks led the charge across broader indices.
The Nifty 50 gained 0.42%, closing at 23,311, and the Sensex mirrored the sentiment with a 0.42% rise to settle at 76,042. Midcap and small-cap stocks outshined the blue-chip indices, with the Nifty Smallcap 100 and Nifty Midcap 100 climbing 1.67% and 1.08%, respectively.
U.S. inflation figures showed a monthly increase of 2.9%, while core CPI came in lower than expected at 0.2%. These numbers lent support to riskier assets, even as some Fed officials voiced concerns about economic policy impacts.
Global markets also found encouragement in China’s stronger-than-expected growth data, driving gains in European indices like Germany’s DAX (+1.1%) and France’s CAC 40 (+1%). Meanwhile, oil prices posted their fourth consecutive weekly gain, with Brent crude rising 0.3% to $81.50 per barrel amid continued U.S. sanctions on Russian crude trade.
In precious metals, gold prices in India edged higher, with 24-carat gold at ₹8,025.3 per gram and silver reaching ₹96,700 per kilogram, marking notable gains on the day.
With both global and domestic factors aligning positively, the market sentiment remains bullish as investors eye the next moves from central banks and earnings reports in the coming weeks.