1. Nifty50 ended with a slight loss of -0.49%, closing at 23,092.20. On Monday, it rose: +0.61%; Tuesday: -1.37%, Wednesday: +0.57%, and Thursday: +0.22%.
2. Sectoral performance was mixed. Nifty FMCG gained +1.50%, while Nifty IT rose +0.78%. However, Nifty Realty (-7.93%), Nifty Media (-3.26%), and Nifty Auto (-3.02%) witnessed significant selling pressure.
3. Midcaps and Smallcaps underperformed. Nifty Midcap 100 declined by -2.46%, closing at 53,262.95, and Nifty Smallcap 250 fell by -4.18%, closing at 16,001.70. India VIX surged by +6.33%, closing at 16.7450. USD/INR depreciated by -0.42%, closing at 86.19. Gold: 2775.54 with +2.71% increase; Crude Oil: 78.67 fell -2.53%.
4. This week's stock gainers were led by Wipro (+13.53%), Kotak Mahindra Bank (+7.26%), UltraTech Cement (+6.67%).
5. Some stocks faced hurdles this week, led by Trent Ltd. (-11.68%), SBI Life Insurance (-6.50%), Dr. Reddy's Labs (-6.49%).
6. Dr. Agarwal's Health Care Limited IPO will go live from January 29, 2025 to January 31, 2025. Min lot size is 35 Shares and price band: โน382 to โน402.
7. In other news, JSW Steel and IndiGo reported lower Q3 profits. Tata Electronics acquired a stake in Pegatron's India arm. Sri Lanka revoked a power purchase deal with Adani.
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