News

Indian benchmark indices Sensex and Nifty 50 are likely to open higher on January 14, tracking cues from GIFT Nifty trading around 23,272, a short while ago this morning. Benchmark indices are expected to react to inflation data, Q3 earnings reports, and mixed global cues on Tuesday, January 14, 2025.

Investor focus will be on the release of December Wholesale Price Index (WPI) data later today.

Meanwhile, the retail inflation, measured by the consumer price index (CPI), eased to a four-month low of 5.22 per cent in December, down from 5.48 per cent in November, primarily due to a decline in food inflation.

On the result front, HCLTech, the country’s third-largest information-technology (IT) services firm, had net profits of Rs 4,591 crore in the third quarter (October-December) of FY25. Profits were up 5.5 per cent year-on-year (Y-o-Y) and 8.4 per cent sequentially.

Other companies reporting Q3 results include Shoppers Stop, SRM Energy, HDFC Asset Management Company and Network18 Media & Investments among others.

On the global front, Asia-Pacific markets displayed mixed performance on Tuesday following a similarly varied session on Wall Street. The Dow surged while the Nasdaq declined, reflecting a shift in investor sentiment away from technology stocks.

ASX 200 rose 0.55 per cent after enduring three consecutive days of losses. In contrast, Nikkei dropped 0.73 per cent and the Topix slipped 0.34 per cent. Kospi added 0.4 per cent.

In the US, the Dow Jones gained 0.86 per cent as investors pivoted towards non-technology stocks like Caterpillar, JPMorgan, and UnitedHealth. The Nasdaq Composite fell 0.38 per cent, while the S&P 500 edged up 0.16 per cent.

Back home, Top traded Volumes on NSE Nifty – Tata Steel Ltd. 38968332.00, NTPC Ltd. 29630336.00, Oil And Natural Gas Corporation Ltd. 20416370.00, Power Grid Corporation of India Ltd. 19474228.00, Bharat Electronics Ltd. 19429753.00, On NSE, total number of shares traded was 402.08 Crore and total turnover stood at Rs. 105027.76 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 459595 with a total turnover of Rs. 31901.86 Crore. Along with this total number of contracts traded in stock futures were 1781647 with a total turnover of Rs. 107301.49 Crore. Total numbers of contracts for index options were 84331877 with a total turnover of Rs. 11871299.52 Crore. and total numbers of contracts for stock options were 7957123 with a total turnover of Rs. 506399.50 Crore.

The FIIs on 13/01/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 11362.85 Crore and gross debt purchased stood at Rs. 399.84 Crore, while the gross equity sold stood at Rs. 12784.25 Crore and gross debt sold stood at Rs. 296.00 Crore. Therefore, the net investment of equity and debt reported were Rs. -1421.40 Crore and Rs. 103.84