Share Market Today: India’s benchmark indices, Sensex and Nifty 50, settled down in red on Friday, January 3, 2025, the third trading day of this calendar year. The Sensex (index with top 30 firms) tumbled by 720.60 points to settle at 79,223.11 on Friday. Meanwhile, Nifty50 (index with top 50 firms) was down 183.90 points to settle at 24,004.75 points.
Additionally, foreign investors withdrew an amount of Rs 21,612 crore from Indian equities in November. These investors had pulled out Rs 94,017 crore from Indian stock market in October 2024. However, these investors invested Rs 15,446 crore from the Indian equities this month so far. With this, the FPIs overall invested Rs 427 crore in Indian stock market in calendar year 2024. However, in January 2025, foreign investors withdrew Rs 5,949 crore in just 3 trading days.
Foreign investors were back in the Indian stock market in December, but are now cautious. According to media reports, the rate cut by the US Federal Reserve has improved global liquidity and attracted capital to emerging markets like India, might surge their inflows in the Indian equities.
Furthermore, the Reserve Bank of India (RBI) recently reduced the Cash Reserve Ratio (CRR) from 4.5% to 4%, injecting liquidity into the financial system. The RBI decision to lower the Cash Reserve Ratio (CRR) is expected to inject liquidity into the system, spur credit growth, and provide a much-needed impetus to India’s economic recovery.
Share Market Today: Stocks In Focus
Based on BSE data, here’s a snapshot of how key stocks performed in Friday’s trading session.
Company | Price Change | Closing Price (Rs) |
---|---|---|
ICICI Bank | 1.97% Down | 1,265.50 |
Tata Motors | 3.33% Up | 790.40 |
TCS (Tata Consultancy Services) | 2.03% Down | 4,099.25 |
Reliance Industries (RIL) | 0.78% Up | 1,251.35 |
Zomato | 4.27% Down | 272.70 |
HCL Technologies | 1.23% Down | 1,947.25 |
Tech Mahindra | 2.23% Down | 1,689.10 |
Adani Ports | 2.15% Down | 1,199.25 |
ITC | 1.48% Down | 482 |
Bajaj Finance | 0.32% Up | 7,411.50 |
On Friday, 12 out of 30 Sensex constituents ended in the green, while the 18 Sensex stock closed in the red.
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