Marketing Highlights
Summary of the Market
On January 09, the benchmark Nifty Index fell by 0.69% to close at 23526.5. The Nifty Midcap150 Index fell by 0.8% to close at 20674.2. The Nifty Smallcap250 Index fell by 1.17% to close at 17254.3. The Nifty Total Market Index fell by 0.85% to close at 12446.2.The 10yr yield remained unchanged at 6.77%. The rupee gained 0.05% to close at 85.86 against the US Dollar.
Important Notables
- Rupee Drops to Intraday Low of 85.94 Against Dollar, Closes at 85.86, Reports BS
- ET Government Revises Gold and Silver Import Data for April-November FY25, Cutting Gold Imports by $11.69 Billion, Reports ET
- E-Way Bills Reach Second-Highest Level in Two Years, Indicating Strong Economic Activity, According to GSTN Portal Data, Reports BS
- UN Projects India’s GDP Growth at 6.6% for FY26, Fueled by Private Consumption and Investments, Reports ET
- On Thursday, Finance Secretary Tuhin Kanta Pandey assumed charge as the new Revenue Secretary in the Finance Ministry, reports BS.
- India has achieved a record 24 GW solar capacity addition in 2024, surpassing all previous years, according to JMK Research, reports BS.
- Climate change threatens a 6-10% decline in India’s rice and wheat output, according to officials from the Ministry of Earth Sciences and the India Meteorological Department, reports BS.
