Stocks in news on Jan 13, 2025: DMart, Hyundai Motor and BSE among stocks that hogged limelight today
As earnings season unfolds, the market sentiment remains cautious after the US jobs data as focus shifts to rate cut outlook by the US Fed.
Weighed down by weak global cues, rising crude oil price and softening rupee, Indian equities slumped in Monday's session. At the close, Nifty ended below 23,100 levels, while the Sensex plummeted 1,049 points.
Here are the stocks that remained in focus today:
DMart: Shares of the retail major ended weak by nearly 5 per cent at Rs 3,507.95 apiece on the BSE after the company's weak operational performance during Q3.
HCL Technologies: Shares of the Noida-based IT services firm ended with a cut of 0.5 per cent at Rs 1,985.25 ahead of the company's Q3 results later today.
BSE: Shares of the leading exchange settled with a minor gain at Rs 5.148 per share after global brokerage Goldman Sachs initiated coverage on the stock with a 'neutral' rating.
OMCs: After crude oil prices surged past $81 per barrel, shares of oil marketing companies which buy crude from international market for refining into various products fell sharply. At the close, HPCL ended with a cut of over 6 per cent at Rs 364.5 per share.
Hyundai Motor India: Even as global brokerages initiated their coverage on the passenger vehicle major with bullish calls, the stock ended with a cut of over 1 per cent at Rs 1,767.55.
Standard Glass Lining Technology: After listing with decent gains, shares of the engineering company ended with gains of nearly 17 per cent at Rs 163.28 per share.
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04:33 PM IST