Company has secured a large order from Aditya Birla Group company for the construction of an 850 KTPA (kilo tonne per annum) greenfield alumina refinery plant in Odisha.

Metal and Energy Sectors Lead Gains; Auto and Financial Services Underperform in Mixed Market Session

The Sensex and Nifty are showing little movement due to market volatility

The partnership is a major boost for the Indian rail industry, and it will help to make India a global leader in the production of high-speed trains.

On Friday, the Sensex fell by 123.52 points to close at 60,682.70, while the Nifty 50 dropped by 36.95 points to close at 17,856.50

On Thursday, the Sensex increased by 142.43 points to close at 60,806.22, while the Nifty 50 gained by 21.75 points to close at 17,893.45

On Tuesday, the Sensex dipped by 220.86 points to close at 60,286.04, while the Nifty 50 decreased by 43.10 points to close at 17,721.50

On Friday, the Sensex gained by 909.64 points to close at 60,841.88, while the Nifty 50 increased by 243.65 points to close at 17,854.05

The following Small-Cap stocks are likely to be in focus on Friday, January 27, 2023:

Among the Nifty top gainers were Tata Motors, Maruti Suzuki, Bajaj Auto, HCL Technology and Britannia while, Axis Bank, Dr Reddy Labs, Hindalco, Power Grid Corporation and Grasim were among the top losers

On Wednesday, the Sensex increased by 390.02 points to close at 61,045.74, while the Nifty 50 gained 112.05 points to close at 18,165.35

On Monday, the Sensex declined by 168.21 points to close at 60,092.97, while the Nifty 50 slipped by 61.75 points to close at 17,894.85.

Among the Nifty gainers were Hindalco, Sun Pharma, BPCL, Ultra Tech Cement and HDFC Bank while Bharti Airtel, Cipla, Divis Labs, Apollo Hospital and HUL were among the top losers.  

Indices witnessed a good rally towards the end as Nifty gained over 100 points to close at 17,800. The benchmark index surged a per cent while Sensex jumped 659 points.

Indices closed lower ahead of important US CPI data. Nifty closed flat while Sensex shredded 35 points. Nifty Midcap and Nifty Smallcap slipped 0.15 per cent & 0.51 per cent, respectively.

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Nifty managed to close above 16200 after a sharp sell-off in the last one hour. In the end, the benchmark index closed lower by 0.32 per cent while Sensex lost about 37 points.

On Wednesday, the headline equity indices, Sensex and Nifty ended slightly lower after a positive opening in the morning session of the trade.  

On Tuesday, the headline equity indices i.e. Sensex and Nifty ended on a lower note after gaining almost 0.50 per cent in the afternoon session.  The European markets have opened in the green whereas the Rupee crossed the Rs 77 per dollar mark and is trading at Rs 77.33.  

At 11.45 am on Thursday, the core equity indices i.e., Sensex and Nifty 50 were trading higher by 1.30 per cent each after reaching their day’s high of 1.57 per cent. This surge in their levels comes after Federal Reserve Chairman finally hiked the funds' rates by 50 basis points on Wednesday.   

Fed Chairman also made clear that it is not planning to hike the rates by 75 basis points in the upcoming meeting in June.   

On Monday morning the markets fell sharply, as the Asian markets globally plunged by 3 per cent amidst weaker global cues. The International Monetary Fund, on Saturday, said that the war between Russia and Ukraine will have a severe effect on the global economy as the commodities prices have already surged, coupled with the harm to human life and the unprecedented sanctions on Russia. 

The stock is also meeting Mark Minervini’s trend template. It is trading above 40, 30 & 10-weekly averages and all of them are trending up. At the same time, there is the desired sequence.

Nifty Metal has been extremely bullish lately as it gained nearly 11 per cent in just 18 trading sessions.

At noon on Tuesday, the core equity indices i.e., Sensex and Nifty 50 were seen extending losses amidst weaker global cues with the Sensex giving up 58,000-level mark. The Sensex was at 57,943.41 down by 701.41 points or 1.20 per cent, while Nifty was at 17,617.13 down by 189.11 points or 1.06 per cent from the last trading session.   

At noon on Monday, the core equity indices i.e., Sensex and Nifty 50 were seen extending losses amidst weaker global cues with the Sensex giving up 58,000-level mark. The Sensex was at 57,943.41 down by 701.41 points or 1.20 per cent, while Nifty was at 17,617.13 down by 189.11 points or 1.06 per cent from the last trading session.   

At 1 pm Thursday, the core equity indices i.e., Sensex and Nifty 50 were trading lower for the second day. The Sensex was at 58,645.72 down by 142.30 points or 0.24 per cent, while Nifty was at 17,522.60 down by 40.65 points or 0.23 per cent from the last trading session.   

The markets reacted positively to the Budget wherein, Sensex surged up to almost 974 points, marking the day’s high and is now at 58,159.13, up by 144.96 or 0.27 per cent higher than the last trading session.