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Indian Stock Market Alert Today 17-jan-2024




Profits and Losses are part of Stock market. Equity Investment/ Trading in FNO are subject to  market risks. Refer your financial consultant advice before Investing. This group's post are only for Educational and Learning Purposes. Admins have no responsibility for your intended decision & financial losses. Stock market investments are VERY RISKY and being part of this group, you agree that you understand the Market risks involved

Today's Market At 7.40 Am

US Market

Nasdaq = -31. 18

Dow= -223. 50

S&P 500= -19. 42

Asian Market

Nikkei 225=+311.76

StraitsTimes  =-47.50

Hang seng = -229. 50

Taiwan =-60.44

Kospi -10.18

Europien

FTSE = -37. 90

CAC 40=-30.29

DAX =-40.50

Gift Nifty 21840 (-190)

Fiis sell 656.63 caror stocks

Diis Buy 368.32 caror stocks

Good News

1. Adani Energy Solutions: The company reported an over 14% jump in sales and a pipeline of 2.1 crore smart metres with a contract value of Rs 25,100 crore in the third quarter of FY24.

2. L&T Technology Services: The company approves the re-appointment of Amit Chadha as CEO and MD for 3 years w.e.f. April 1.

3.Indian Renewable Energy Development Agency: The company joined hands with Indian Overseas Bank for co-lending and loan syndication for a diverse spectrum of renewable energy projects across the nation.

4  Rail Vikas Nigam: The company has formed a 49:51 joint venture with Jakson Green for solar projects outside India. The company incorporated a new subsidiary company, RVNL Infra, in South Africa.

5.G R Infraprojects: The company, through its arm, executed the concession agreement with the National Highways Authority of India for highways in Uttar Pradesh. The project cost is Rs 1,085

crore.

6 UltraTech Cement: The company incorporated its Meghalaya unit, Letein Valley Cement for limestone mining.

7 Karnataka Bank: The company and Clix Capital entered into a strategic digital co-lending partnership through the Yubi Co-lending Platform to provide loans to the Indian MSME sector

Bad News

1.HDFC ADR fall 6.79%

2.WIPRO ADR fall 8.90%

3.ICICI ADR fall 1.80%

4. TV 18 profit decline 5%

Pharma, Finance Energy Sugar Chemical Auto Sector will go Up Side Today

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