KEY HIGHLIGHTS
Polycab Share Price In Focus Today
Shares of Polycab India Ltd. saw a dip after the counter witnessed a significant block trade of $135 million on the National Stock Exchange, signaling strong institutional activity in the cable manufacturer’s shares. The scrip fell as much as 3% to Rs 7,328 apiece, proceeding to pare losses to trade 1.98% lower at Rs 7,405 apiece, as of 09:50 a.m. This compares to a 0.15% decline in the NSE Nifty 50 Index.
It has risen 14.42% in the last 12 months. Total traded volume so far in the day stood at 3.6 times its 30-day average. The relative strength index was at 52.53.
Bank Of Maharashtra Shares In Focus: Stock Hits 17-Month High
Bank of Maharashtra shares rose to hit 17-month high on Wednesday after it announced its third quarter results. The scrip rose as much as 4.14% to Rs 67.74 apiece on Wednesday, highest level since July 31, 2024. It pared gains to trade 0.61% lower at Rs 64.65 apiece, as of 10:10 a.m. This compares to a 0.11% decline in the NSE Nifty 50 Index.
It has risen 22.83% in the last 12 months and 4.40% year-to-date. Total traded volume so far in the day stood at 24.77 times its 30-day average. The relative strength index was at 57.25.
Coal India Share Price In Focus
The shares of Coal India hit two-month high on Wednesday after Bharat Coking Coal’s IPO drew record-breaking demand. The scrip rose as much as 3.05% to Rs 442 apiece on Wednesday, highest level since Nov. 4. It pared gains to trade 2.58% higher at Rs 439.95 apiece, as of 10:06 a.m. This compares to a 0.08% decline in the NSE Nifty 50 Index.
It has risen 19.16% in the last 12 months and 10.28% year-to-date. Total traded volume so far in the day stood at 7.12 times its 30-day average. The relative strength index was at 76.17, indicating it was overbought.
L&T Shares In Focus Today After Order Win
L&T gets order in the range of Rs 2,500-5,000 crore from Torrent Energy for Pumped storage. Gets order for 3,000 MW project in Maharashtra.
Source: Exchange filing
Tata Elxsi Shares In Focus
The shares of Tata Elxsi were in focus after their third quarter results. The scrip fell as much as 3.31% to Rs 5,601 apiece on Wednesday, lowest level since Jan. 12. It pared losses to trade 2.16% lower at Rs 1,670 apiece, as of 9:34 a.m. This compares to a 0.02% advance in the NSE Nifty 50 Index.
It has fallen 6.85% in the last 12 months. Total traded volume so far in the day stood at 0.55 times its 30-day average. The relative strength index was at 70.56
Nifty, Sensex Live Updates: Realty, IT Among Losers
On NSE, 10 of the 15 sectors were in the red. Nifty Realty and Nifty IT lead the decline, while Nifty Metal and Nifty Energy lead gains.
Broader markets were trading mixed, with the NSE Midcap 150 trading 0.008% lower and NSE Smallcap was trading 0.20% higher.
Nifty 50 Live Today: TCS, Asian Paints Drag
TCS, Asian Paints, Eicher Motors, Wipro and Bharti Airtel weighed on the Nifty 50 index.
ICICI Bank, Coal India, ONGC, HDFC Bank and NTPC added to the Nifty 50 index.
Stock Market Live Update: Nifty Opens Below 25,700, Sensex Falls Over 200 Points
The NSE Nifty 50 and BSE Sensex opened lower on Tuesday extending decline for the second day. The Nifty 50 opened 0.33% lower at 25,648.55 and Sensex opened 0.32% down at 83,358.54.
Stock Market Live Update: Nifty, Sensex Decline In Pre-Open
At pre-open, the NSE Nifty 50 was trading 83.75 points or 0.33% lower at 25,648.55. The BSE Sensex was down 61.30 points at 83,370.06.
Bharat Coking Coal IPO Creates History With 90 Lakh Applications
Bharat Coking Coal’s IPO drew record-breaking demand
BCCL is the first main board IPO of 2026
BCCL IPO garnered an overwhelming response from investors
Second-most subscribed PSU IPO in Indian history
BCCL IPO Surges to ₹1.17 Lakh Crore Bids, 147x Oversubscribed
Ranks third-most bid-for PSU IPO by total capital committed
Record demand from qualified institutional buyers and HNIs fueled the issue
Witnessed one of the highest subscription levels seen in recent public offerings
Issue received over 90 lakh applications
Waaree Energies brought its IPO in late 2024, is the close second with 82.65 lakh applications
Kotak Isn't Hitting The Brakes On TVS Motor; GST Cuts, EVs, Exports Add Fuel To The Tank — Details Inside
Kotak Institutional Equities has retained its 'Add' rating on TVS Motor, citing multiple demand and execution levers that are expected to sustain the company’s growth momentum over the medium term. The brokerage has revised its fair value to Rs 3,950, rolling forward its valuation to March 2028.
Kotak expects TVS Motor to continue outperforming the broader two-wheeler industry, driven by a combination of domestic recovery, electric vehicle (EV) leadership, network expansion and strong export momentum. Reflecting higher volume assumptions, Kotak has raised its FY2026–28 EBITDA estimates by 4–6%.
Spot Silver Above $90
Spot silver breaks over the $90 level, marking a fresh high.
Removal Of 10-Minute Delivery Positive For Swiggy, Eternal, Says Elara Capital — Here's Why
The brokerage firm believes the removal of the 10-minute benchmark from quick-commerce apps is net neutral to positive for Swiggy and Eternal.
Elara Capital believes metro demand for quick-commerce has already been entrenched, thus ruling out any significant impact of the move.
Perhaps more importantly, the firm notes that the ten-minute delivery threshold was largely optics-driven rather than a fundamental business guarantee.
Read the whole story here.
Silver Price Today: Hits Record At $89.16 Per Ounce
Silver hit a record high and gold rose as weaker-than-expected US inflation data supported the case for more interest rate cuts, while the geopolitical situation remained tense.
The white metal advanced as much as 2.5% to touch $89.1644 an ounce, while gold traded neared an all-time peak.
(Source: Bloomberg)
Oil India And ONGC In Focus
Brent crude has been gaining for 4 consecutive sessions.
From low of $60/bbl, prices moved up to $65/bbl.
But, price still 20% lower compared to 52-week high and 12% lower compared to last 6-month high prices
Why Price Uptrend?
Geo-political issues on Iran.
Recently, Trump cancelled meetings with Iran officials.
With the Iranian uprising and 25% tariff threat, the outcome remains unknown.
Iran currently accounts for 3.5% of the global crude oil production.
Iranian oil exports are currently under US embargo.
Note: India has stopped importing Iranian oil since 2020.
Nifty Today: What F&O Cues Indicate
Nifty January futures down by 0.37% to 25,780 at a premium of 48 points.
Nifty January futures open interest up by 1.27%.
Nifty Options on Jan 20: Maximum Call open interest at 26,000 and Maximum Put open interest at 24,500.
Securities in ban period: SAIL, Samman Capital
Dollar Check
The US Dollar index is up 0.08% at 99.015.
Euro was down 0.03% at 1.1639.
Pound was up 0.01% at 1.3424.
Yen was up 0.16% at 159.33.
Stock Market News Live: Global Check
Asian shares saw a modest gain in early trading, while Japanese stocks continued their winning streak, fueled by a weaker yen. The Nikkei 225 Stock Average rose 0.9% as the Japanese currency slipped past 159 per dollar, reaching its weakest level since July 2024, reports Bloomberg.
This surge comes amid reports of a potential snap election in Japan. Meanwhile, South Korean shares edged up, extending their winning streak to every trading day of 2026.
Stock Market Live Updates: GIFT Nifty Hints At Lower Opening
Good morning readers.
The GIFT Nifty was trading near 25,700 early on Wednesday. The futures contract based on the benchmark Nifty 50 fell 0.06% at 25,761 as of 6:45 a.m. indicating a negative start for the Indian markets. This comes as Asian shares post small gains.
In the previous session on Tuesday, the benchmark ended in red after it pared its opening gains. The NSE Nifty 50 ended 57.95 points or 0.22% lower at 25,732.30, while the BSE Sensex closed 250.48 points or 0.30% lower at 83,627.69.
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