Friday, January 10, 2025 | 06:43 AM ISTEN Hindi

MARKET WRAP: Sensex up 227 pts, mid-cap rally continues; metal stocks gain

All that happened in the markets today

SI Reporter New Delhi

Mutual funds drive markets to lifetime highs

8:43 AM

RBL Bank: Regaining investor confidence an uphill task post Q3 results

RBL Bank posted its weakest-ever asset quality in the December quarter (Q3), prompting analysts to downgrade their earnings expectations by 10-15 per cent. This, however, does not seemed to have soured the Street’s mood, which remained optimistic on Thursday. READ MORE

8:38 AM

Derivatives strategy by HDFC Securities: Buy Infosys' January Futures

Buy INFY JANUARY 780 Call at Rs 11

Stop Loss: Rs 4

Target: Rs 25

Lot Size: 1,200

Rationale:

-- We have seen Long build up in the Infy Futures’ yesterday where we have seen rise in Open Interest with price rising by 1.8 per cent. READ MORE

8:36 AM

Outlook & trading strategies for Copper, Silver by Tradebulls Securities

Gold once again has taken support at $1,530 and recovered from there, making a temporary bottom. There are a number of strong drivers supporting gold prices this year, including geopolitical and trade tensions, high global debt and dovish central banks. Gold is still lagging compared to equities. The key support levels to watch are $1,545 in April gold COMEX. READ HERE

8:33 AM

Nifty outlook and top trading ideas by Jay Anand Thakkar of Anand Rathi

BUY NIFTY | TGT: 12,300 | SL: 12,090

Nifty closed in the positive territory on Thursday, and, with that, the first leg of downside seems to have got over and a bounce back has resumed. The index is likely to bounce till 12,300 levels in the short-term after which it is again likely to correct. Hence, for a bounce, one can buy Nifty for the target of 12,300 with a stop loss of 12,090. READ MORE

8:28 AM

Bulk deals on BSE as on Thursday

Click here for complete list

8:27 AM

Bulk deals on NSE as on Thursday

Click here for complete list

8:25 AM

FII/FPI & DII trading activity on NSE, BSE and MSEI

8:23 AM

Rupee check

(Source: Bloomberg)

8:20 AM

Oil check

Oil prices were steady on Friday, but on track for a fall of up to 5 per cent for the week on growing concern that fuel demand will weaken as the spread of a respiratory virus from China that has killed 25 so far dents travel and darkens the economic outlook.

Brent crude futures were 4 cents lower to $62 a barrel by 0225 GMT, its lowest since December 4, after falling 1.9 per cent the previous session. For the week, Brent is down 4 per cent.

US West Texas Intermediate futures were down by 1 cent to $55.58 a barrel, its lowest since November 29. The contract fell 2 per cent on Thursday and is 5 per cent lower for the week.