The Indian stock market saw a mix of gains and losses across major indices on January 14, 2025. NIFTY 50 rose by 0.39%, closing at 23,176.05, while SENSEX gained 0.22% to settle at 76,499.63. On the other hand, NIFTY IT faced a significant drop of 2.13%, ending at 43,061.20. A strong performance was observed in NIFTY BANK, which climbed by 1.43% to 48,729.15, and BSE SMALLCAP, which surged 1.69% to close at 51,396.19.
Experts expect moderate growth in India’s defence budget, with a focus on modernisation and self-reliance. The FY2024-2025 budget allocated Rs 6.22 lakh crore, including Rs 1.72 lakh crore for capital expenditure.
The government is prioritising localisation, technology transfer, and R&D in areas like robotics, AI, and defence electronics. While there are challenges in execution, India’s growing defence exports and focus on indigenous production present strong opportunities.
Analysts believe specific policy announcements could drive market reactions, with key stocks like Bharat Electronics, Mazagon Dockyard, and private sector companies poised for growth. The defence sector is expected to benefit from public-private partnerships and continued government support.
Overview of Contents
Market Analysis for 14th January 2025
Index | Price (₹) | Change (₹) | % Change |
---|---|---|---|
NIFTY 50 | 23,176.05 | 90.10 | 0.39% |
SENSEX | 76,499.63 | 169.62 | 0.22% |
NIFTY BANK | 48,729.15 | 687.90 | 1.43% |
NIFTY IT | 43,061.20 | -937.90 | -2.13% |
BSE SMALLCAP | 51,396.19 | 854.29 | 1.69% |
Top Gainers
Company | Current Price (₹) | % Gain |
---|---|---|
Adani Enterprises | 2,380.55 | 6.98 |
Hindalco | 590.90 | 4.82 |
Adani Ports | 1,117.10 | 4.73 |
Shriram Finance | 544.10 | 4.41 |
NTPC | 310.40 | 4.09 |
Top losers
Company | Current Price (₹) | % Loss |
---|---|---|
HCL Tech | 1,813.55 | -8.84 |
HUL | 2,367.95 | -3.39 |
Apollo Hospital | 6,706.85 | -1.94 |
Titan Company | 3,322.50 | -1.78 |
TCS | 4,233.05 | -1.35 |
FIIs and DIIs Data
The trading activities by Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) reflect contrasting trends.
Category | Date | Buy Value (₹ Crores) | Sell Value (₹ Crores) | Net Value (₹ Crores) |
---|---|---|---|---|
DII | 14-Jan-2025 | 17,836.50 | 9,935.44 | 7,901.06 |
FII/FPI | 14-Jan-2025 | 13,794.14 | 21,926.40 | -8,132.26 |
Technical Analysis
Nifty needs to break 23,350 for further upmove or consolidation may continue with a downside target of 23,000. If it sustains above 23,350, the 23,500-23,600 range will be key. Bank Nifty bounced back with 1.43% gains, hitting 49,000 intraday. It must hold above 48,500 for a rally towards 49,000-49,500. The India VIX corrected by 3.3%, staying above 14, signaling caution among bulls.
The market displayed resilience with certain indices, particularly the NIFTY BANK and BSE SMALLCAP, recording substantial gains. However, NIFTY IT faced a steep decline, weighed down by tech-heavy stocks like HCL Tech, which was the biggest loser of the day. Positive sentiment among DIIs, as indicated by their net buying of ₹7,901.06 crores, was overshadowed by significant FII outflows amounting to a net sell of ₹8,132.26 crores.