Bear Run on D-Street: Sensex Crashes 824 Points, Nifty Below 22,850 Amid Global Weakness!

📰Daily Market Wrap-Up by Stock Whisperers-January 27

Author

thestock whisperers
January 27, 2025

27-January-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • Sensex closed at 75,366.17, down 824.29 points (1.08%).

  • Nifty fell 263.05 points (1.14%) to 22,829.15.

  • The midcap index dropped by 2.7%, while the smallcap index plunged by 3.5%.

  • All sectoral indices ended in the red, with Media (-4.7%) and IT (-3.4%) being the worst performers.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): ₹-5,015.46 crore (Net Sellers)

  • Domestic Institutional Investors (DII): ₹6,642.15 crore (Net Buyers)

Foreign Institutional Investors (FII) continued heavy selling, while Domestic Institutional Investors (DII) supported the market with net purchases.

📊📑 Important Observations and Market Sentiments: Editor Special

  1. Broader market weakness persisted due to tepid earnings and global uncertainty.

  2. FIIs remained cautious due to moderation in economic growth and INR depreciation.

  3. Market volatility will likely remain high ahead of key events like the FOMC meeting, monthly expiry, and the Union Budget.

  4. The global tech sector faced additional pressure as China’s DeepSeek AI startup disrupted sentiment with its cost-efficient AI development.

❓ DO YOU KNOW?

China’s AI startup DeepSeek has triggered fears in global tech markets by showcasing cutting-edge AI technology that rivals the US and Japan’s tech giants, causing a selloff in Nasdaq futures.

📰Stock News:

Key Stock Movements and News

  • Top Gainers:

    • ICICI Bank, Britannia Industries, M&M, HUL, SBI

  • Top Losers:

    • HCL Technologies, Tech Mahindra, Wipro, Hindalco Industries, Shriram Finance

  1. Coal India: Net profit fell 17% to ₹8,491 crore; declares interim dividend.

  2. Adani Total Gas: Q3 net profit declined 19% to ₹142 crore; revenue rose 13%.

  3. Canara Bank: Net profit grew 12% to ₹4,104 crore, but shares dropped 5% due to a 3% fall in NII.

  4. Adani Wilmar: Q3 net profit more than doubled to ₹411 crore; revenue surged 31%.

  5. HeidelbergCement India: Stock jumped 10% on acquisition buzz by UltraTech Cement.

  6. Delhivery: Announced a partnership with HPCL for lubricant distribution.

  7. Adani Power: Board to discuss a ₹5,000 crore QIP proposal and doubling of NCD issue.

Your Weekly Stock Markets Rundown: All Eyes on Trump’s Policy Roller-Coaster & India's Upcoming Budget!

January 27-31, 2025

  • Global Focus: The new Trump administration has taken center stage, with global markets reacting to potential shifts in US trade, immigration, and economic policy.

  • India’s Union Budget: The Union Budget 2025-26, to be presented on February 1, is in the spotlight, with experts warning of possible market weakness as FIIs seek higher interest rate environments.

  • Corporate Earnings: Several high-profile companies in India will report their Q3 earnings, including Coal India, Tata Steel, Infosys, Maruti Suzuki, and Sun Pharma.

  • Central Bank Policies: The US Fed and Bank of Japan's interest rate decisions could significantly impact global markets, with the Fed potentially holding or hiking rates to combat inflation.

👀Stocks to Focus:

  1. Adani Wilmar: Strong Q3 performance driven by robust edible oil and FMCG growth.

  2. HeidelbergCement India: Possible acquisition by UltraTech Cement could drive gains.

  3. Delhivery: Collaboration with HPCL for lubricant distribution adds growth potential.

  4. Adani Power: Upcoming proposals on QIP and NCD issues may keep it in focus.

📝Summary:

Markets faced sharp selling pressure due to weak global cues and tepid earnings. Sectoral and broader indices underperformed, led by Media and IT stocks. Investors are advised to stay cautious amidst heightened volatility but keep an eye on fundamentally strong stocks for accumulation opportunities.

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Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.