Daily Market Update: 14th January 2022

 Key Highlights of the Day

• India’s WPI inflation cools down to 13.56% in December 2021
• Paytm tests fund managers’ resolve as stock halves since debut
• Technical glitches and errors galore in the income tax portal
• India grants financial assistance of over $900 million to Sri Lanka to overcome forex crisis
• North Korea hackers stole $400 million in cryptocurrency in 2021

SENSEX: 61223.03 (-12.27)  

NIFTY: 18255.75 (-2.05)

Nifty Bank: 38370.40 (-99.55)

NIFTY IT: 38826.85 (+219.85)

 

Top Gainers

TATA Cons. Prod: 762.50 (+4.42%)

TCS: 3968.15 (+1.80%)

IOC: 123.30 (+1.77%)

 

Top Losers

Asian Paints: 3364.40 (-2.66%)

Axis Bank: 721.20 (-2.57%)

HUL: 2363.70 (-2.09%)

Daily Market Update: 13th January 2022

 Key Highlights of the Day

• CBDT issued refunds of Rs 1.54 lakh crore taxpayers from April 1 to January 10
• RBI approves appointment of Ittira Davis as MD & CEO of Ujjivan SFB
• Britain and India to formally launch trade talks
• NASA begins process of bringing new space telescope into focus
• US inflation soared 7% in past year, the most since 1982

SENSEX: 61235.30 (+85.26)  

NIFTY: 18275.80 (+45.45)

Nifty Bank: 38469.95 (-257.60)

NIFTY IT: 38067.00 (+2.25)

 

Top Gainers

Tata Steel: 1221.15 (+6.45%)

JSW Steel: 687.85 (+4.69%)

Sun Pharma: 865.50 (+3.50%)

 

Top Losers

Wipro: 649.75 (-6.02%)

Asian Paints: 3456.25 (-2.47%)

HDFC Bank: 1528.00 (-1.84%)

Daily Market Update: 12th January 2022

 Key Highlights of the Day

• TCS hits $25 billion in annual revenue, promotes 1.1 Lakh employees
• Omicron Impact | Wipro to close all offices globally for next 4 weeks
• Mercedes Benz India to assemble its flagship EV in India
• IIP growth slows down to nine month low of 1.4% in November 2021
• US consumer prices soared 7% in past year, most since 1982

SENSEX: 61,150.04 (+533.15)  

NIFTY: 18212.35 (+156.60)

Nifty Bank: 38,727.55 (+285.35)

NIFTY IT: 38,604.75 (-0.65)

 

Top Gainers

M&M: 880.55 (+4.65%)

Bharti Airtel: 730.20 (+3.80%)

Reliance: 2521.10 (+2.67%)

 

Top Losers

Titan Company: 2,612.95 (-1.52%)

TCS: 3,859.90 (-1.43%)

Shree Cements: 26,715.50 (-1.19%)

Daily Market Update: 11th January 2022

 Key Highlights of the Day

• Indian economy to see 9.5% growth this fiscal
• Pierre-Oliver Gourinchas succeeds Gita Gopinath as IMF’s chief economist
• India to add 16 GW of renewable energy capacity in FY23: ICRA
• Tesla sold 70847 China-made vehicles in December: CPCA
• Nokia to exceed 2021 guidance with help from venture fund investments

SENSEX: 60616.89 (+221.26)  

NIFTY: 18055.75 (+52.45)

Nifty Bank: 38442.20 (+94.30)

NIFTY IT: 38605.45 (+393.25)

 

Top Gainers

HCL Tech: 1343.65 (+4.31%)

Adani Ports: 765.10 (+3.55%)

HDFC: 2710.95 (+1.93%)

 

Top Losers

JSW Steel: 645.70 (-3.93%)

Tata Steel: 1130.25 (-3.32%)

BPCL: 391.15 (-1.61%)

Daily Market Update: 10th January 2022

 Key Highlights of the Day

• High prices boost FY22 nominal GDP growth, give government 30 bps fiscal room
• Market cap of BSE companies scales record high of Rs 274.73 trillion
• Karnataka HC disposes Google’s petition on CCI Play billing antitrust probe
• IMF says emerging economies must prepare for Fed policy tightening

SENSEX: 60395.63 (+650.98)  

NIFTY: 18003.30 (+190.60)

Nifty Bank: 38347.90 (+608.30)

NIFTY IT: 38212.20 (+72.35)

 

Top Gainers

UPL: 821.60 (+4.14%)

Titan Company: 2657.50 (+3.30%)

Hero MotoCorp: 2578.10 (+3.16%)

 

Top Losers

Wipro: 693.50 (-2.53%)

Divis Labs: 4465.80 (-1.13%)

Nestle: 19708.00 (-0.98%)