Gold price today: MCX gold rate finished at ₹79,019 per 10 gm on Friday, logging a weekly gain of around 0.80%

USA-LIVESTOCK/:LIVESTOCK-Cattle futures close mixed, hogs retreat ahead of long weekend

Stock Market News Today Live Updates on January 18, 2025: Explore comprehensive coverage of the stock market, with updates on key indices, stock performance, and financial news. Track the biggest market moves and discover how economic indicators, corporate earnings, and geopolitical events impact investments worldwide

European stocks advanced for four consecutive weeks as miners rose on a report Rio Tinto Group and Glencore Plc have discussed combining their businesses. UK stocks rose to a record.

Intel Corp shares traded higher on the Nasdaq Composite index over reports on potential takeover speculations. Wall Street gained as investors' eye upcoming Trump administration. 

Ashapura Minechem's shares are likely to be in focus in the upcoming week as the company's overseas subsidiary signed a long-term MoU with China Railway, a Fortune 500 firm. Its shares closed higher in Friday's trading session. 

Ananth Narayan of Sebi highlighted the rapid growth of India's capital markets, with record inflows into mutual funds and new securities. He stressed the importance of maintaining investor trust through balanced regulation and vigilance against governance failures.

Wipro ADR rose four per cent to $3.435 on the American stock exchange even after the IT major exceeded Street expectations and reported a surge of 24 per cent in net profit during Q3FY25

The trend of more companies from smaller cities coming to stock markets is expected to continue in 2025 as well.

ICICI Lombard General Insurance Q3 Results: The gross premium dropped marginally by 0.3 per cent to ₹6,214 crore, compared to ₹6,230 crore in the year-ago period.

Citi Research has initiated coverage on Aadhar Housing Finance with a 'buy' rating and a target price of ₹565, indicating a 45% upside. The firm cites the company's consistent growth and market share in low-income housing finance as key factors driving its optimistic outlook.

Top Gainers and Losers Today : The Sensex lost 423.49 points, or -0.55, to settle at 77042.82, while the Nifty lost 108.6 points, or -0.47, to close at 23311.8.

Tech Mahindra reported a net profit of ₹983.2 crore for the quarter ending December 2024, marking an increase of 92.6% compared to ₹510.4 crore in the year-ago quarter.

Wipro Q3 Results: In Q3FY25, Wipro Ltd's consolidated net profit increased by 24.5% to ₹3,353.8 crore. Revenue slightly rose to ₹22,319 crore. The company declared an interim dividend of ₹6 per equity share, with the record date set for January 28, 2025.

Indian oil marketing companies BPCL and IOCL are set to report their financial results for Q3FY25 soon. BPCL's board will meet on January 22, 2025, while IOC's board will convene on January 27, 2025, to discuss unaudited results and interim dividends.

Zomato share price has dropped 16% in a month, trading 21% below its all-time high. JM Financial recommends long-term investment despite concerns over Blinkit's supply chain, maintaining a target price of ₹300. CLSA also shows a positive outlook, raising its target price to ₹400.

SBI Life Insurance Company reported a net profit of ₹550.82 crore for Q3FY25, marking a 71.2% increase from ₹321.75 crore year-on-year. Sequentially, the profit rose by 4% from ₹529.42 crore in the previous quarter.

Stock arket Today: Oberoi Realty share price gained during the intraday trades on Friday despite US-based FII Invesco trimming stake in company. The gains sistained despite markets remaining under pressure. Check details here

IRB Infrastructure shares rose over 4 per cent on January 17 after a promoter disclosed the release of a significant share encumbrance, enhancing investor confidence. Sudha Dattaray's filing revealed the release of encumbrance on 28.4 lakh shares, indicating reduced financial obligations.

Sun Pharma is set to release its Q3 earnings on January 31, 2024, potentially declaring an interim dividend. The company reported a 28% increase in net profit to ₹3,040 crore for the September quarter, driven by strong domestic and US sales.

PVR Inox's stock has dropped 30% recently, trading at ₹1,100. Weaker-than-expected Q3 results and market corrections have led to a significant decline in market cap. JM Financial revised the target price to ₹1,600, indicating a potential 45.45% upside.

HDFC Mutual Fund informed that it has sold 1,75,08,264 shares of Indian Hotels Company, aggregating to 1.23% stake in the company, through open market mode on January 15, 2025.

Stock Market Today: The Mid -cap stock HFCL Ltd gained up to 4% in the morning trades on Friday despite pressure on the benchmark indices that declined up to 0.6%. Here's why

Shares to buy: Prashanth Tapse recommends buying these three stocks in the short term - ICICI Bank, Apollo Hospital, and Central Depository Services Ltd (CDSL).

Surana Telecom and Power shares rose 8% to ₹25.80 after winning a ₹190 crore order for 54 MW solar power stations from Maharashtra State Electricity Distribution. 

While Infosys reported a revenue growth in a weak quarter, concerns linger over increasing pass-through revenues as it may pose headwinds to growth in FY26

Nifty 50 Rejig: Jio Financial Services and Zomato are likely to replace state-run Bharat Petroleum Corporation Ltd (BPCL) and FMCG major Britannia Industries in the upcoming Nifty 50 semi-annual rebalancing in March.

Ceat is navigating short-term margin pressures through strategic acquisitions and capital expenditure. While raw material costs and competitive dynamics have eroded profitability, the integration of Michelin's Camso business and capacity expansions are expected to drive long-term gains

Most brokerages are upbeat on the stock’s prospects after the Q3FY25 results, but a lack of clarity on listing the telecom and retail businesses continues to play spoilsport.

Porinju Veliyath reduced his stake in small-cap stocks Ansal Buildwell and Aeonx Digital Technology during Q3. He sold 20,000 shares of Aeonx, lowering his stake to 2.61%. Meanwhile, his stake in Ansal Buildwell decreased to 2.71%, with both stocks experiencing recent declines.

GLOBAL-FOREX/ (UPDATE 2):FOREX-Dollar drifts as yen set for best week in over a month

Tata Multicap Fund performance review analysis for January: This detailed review of Tata Multicap Fund evaluates its recent performance, comparing it to the Nifty index, and analyzes key metrics such as Sharpe Ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.

HDFC Capital Builder Value Fund performance review analysis for January: This detailed review of HDFC Capital Builder Value Fund evaluates its recent performance, comparing it to the Nifty index, and analyzes key metrics such as Sharpe Ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.

WhiteOak Capital Large & Mid Cap Fund performance review analysis for January: This detailed review of WhiteOak Capital Large & Mid Cap Fund evaluates its recent performance, comparing it to the Nifty index, and analyzes key metrics such as Sharpe Ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.

Nippon India Flexi Cap Fund performance review analysis for January: This detailed review of Nippon India Flexi Cap Fund evaluates its recent performance, comparing it to the Nifty index, and analyzes key metrics such as Sharpe Ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.