The markets started the second trading session of 2025 on a bullish note, with strong performances across key indices and sectors. Auto and IT sectors led the rally, driving the indices to significant gains.

Key Market Highlights

• Nifty 50: Closed at 24,188, up 1.88%

• Sensex: Rose by 1.83%, ending at 79,943

• India VIX: Dropped 5.31% to 13.74, indicating reduced market volatility

Sectoral Performance

• Top Gainers:

• Auto: +3.79%

• IT: +2.26%

• Consumer Durables: +1.89%

• Top Loser:

• Media: -0.11%

In the broader market, Nifty Midcap 150 advanced by 1.07%, closing at 21,473.15, while Nifty Smallcap 250 edged up 0.55% to 18,007.95.

Top Movers

• Gainers:

• Sundaram Finance: ₹4,698 (+14.95%)

• Eicher Motors: ₹5,308 (+8.65%)

• Loser:

• Petronet LNG: ₹327 (-5.71%)

Key Announcements

1. RailTel Corporation: Secured a ₹78.43 crore IT-security contract from Bharat Coking Coal, to be completed by August 2025.

2. Shriram Finance: Announced a stock split with a reduced face value of ₹2, effective January 10, 2025.

3. Mercury EV Tech: Acquired a 69.84% stake in DC2 Mercury Cars for ₹2.5 crore, making it a subsidiary.

4. Hyundai: Unveiled the CRETA Electric SUV, boasting a range of up to 473 km with cutting-edge design and safety features.

5. AeroFlex Industries: Expanded its stainless steel hose production capacity to 16.5 million meters/year and launched Metal Bellows, with production commencing January 1, 2025.

6. Petronet LNG: Clarified that its tariffs remain competitive, with regas charges constituting 5%-6% of the delivered gas price.

Global Economic Calendar

Keep an eye on the following global events that could influence markets:

• U.S. Federal Reserve Meeting Minutes: Insights into interest rate trajectory.

• Eurozone Inflation Data: Key to understanding ECB’s monetary policy stance.

• China Services PMI: A barometer of recovery in the world’s second-largest economy.

• OPEC+ Meeting: Oil production and price strategies for 2025.

Market Sentiment

The overall market breadth remained positive, with 1,824 stocks advancing compared to 997 stocks declining. This reflects robust investor confidence, supported by favorable domestic economic cues and easing global uncertainties.

Conclusion

The Indian markets are off to a promising start for the new year, buoyed by strong sectoral momentum and positive investor sentiment. For a deeper dive into today’s developments and what lies ahead, watch our detailed analysis on YouTube.

Stay tuned for more updates, and here’s to a prosperous 2025 in the markets!