Hindustan Copper Shares Extend Gains As Shares Hit Nearly 16-Year High
Shares of Hindustan Copper Ltd. hit climbed over 4%, almost touching a 16-year high of Rs 570. This marks the continuation of a strong bullish trend that has persisted for the past seven sessions.
On Friday, the stock closed at Rs 541.90 on the National Stock Exchange and on the BSE, while it opened at a high on Monday at Rs 554.95.
The rally in Hindustan Copper is fueled by the metal having a very strong 2025 (biggest annual jump since around 2009), with prices pushing above $12,000/tonne at points.
Budget 2026 On Sunday: Finance Minister Nirmala Sitharaman Expected To Table The Budget On Feb. 1
Finance Minister Nirmala Sitharaman is expected to table the Union Budget on Sunday, Feb. 1, according to officials. Sources told NDTV Profit that the Budget date is yet to receive formal government notification.
Nifty Live Today: Premier Shares In Focus
The shares of Premier Energies fell as much as 7.51% to hit nearly nine-month low on Monday, the lowest level since April 7. It pared losses to trade 5.66% lower at Rs 798 apiece, as of 10:34 a.m. This compares to a 0.09% advance in the NSE Nifty 50 Index.
It has fallen 39.50% in the last 12 months. Total traded volume so far in the day stood at 2.86 times its 30-day average. The relative strength index was at 40.57.
Waaree Energies Shares In Focus
The shares of Waaree Energies fell as much as 5% to hit over six-month low on Monday, the lowest level since June 20. It pared losses to trade 4.30% lower at Rs 2,743 apiece, as of 10:27 a.m. This compares to a 0.15% advance in the NSE Nifty 50 Index.
It has fallen 2.87% in the last 12 months. Total traded volume so far in the day stood at 1.33 times its 30-day average. The relative strength index was at 62.33.
Stock Market Live Updates: Japan’s Nikkei Index Rises 3%
Japan’s Nikkei index rose over 3% to 51,850.07 on AI related gains and weak Yen.
Source: Bloomberg
HDFC Bank Shares Drag Nifty Down As Stock Reacts To Q3 Business Update
Shares of HDFC Bank have emerged as one of the top laggards in Nifty 50 in trade on Monday, after the lender reported business update for the third quarter of fiscal year ending 2026.
The stock is currently trading at Rs 987, accounting for a fall of 1.5%. The pressure in HDFC Bank has weighed heavily on the Nifty 50, contributing 53 points negatively.
Nifty IT Live Updates: Index Falls 2%
Nifty IT fell over 2% on Monday and dragging the markets with HCLTech and Infosys leading the decline.
Stock Market Live Updates: Cupid Shares In Focus
The shares of Cupid were in focus on Monday after bulk trade. The scrip fell as much as 19.73% to Rs 337.10 apiece on Monday, the lowest level since Dec. 1. It pared gains to trade 16.93% lower at Rs 348.85 apiece, as of 9:47 a.m. This compares to a 0.16% advance in the NSE Nifty 50 Index.
It has fallen 337.76% in the last 12 months. Total traded volume so far in the day stood at 18 times its 30-day average. The relative strength index was at 36.
Stock Market Live Updates: ONGC Shares In Focus
The shares of ONGC rose as much as 2.21% to hit over one-month high on Monday amid possible US-led takeover or deeper involvement in Venezuela’s oil industry.
ONGC also stands to benefit from a shift in Venezuela’s oil dynamics. Jefferies highlights that ONGC has not received dividends worth more than $500 million from its participation in the San Cristobal field, largely due to sanctions and payment restrictions. With the US potentially facilitating a restructuring of Venezuela’s oil sector, ONGC could recover these unpaid dividends.
Coal India Shares In Focus
The shares of Coal India rose over 2% and hit two-month high before it pared gains and fell as much as 0.65% to Rs 425.10. This comes as Bharat Coking Coal Ltd., a wholly owned subsidiary of Coal India Ltd., is set to launch the first mainboard IPO of 2026 with a price band of Rs 21 to Rs 23 per equity share.
Nifty, Sensex Live Updates: Nifty Defence Leads Advance
On NSE, nine out of 15 sectors were in the green. Nifty Defence and Nifty PSU Bank lead the advance, while Nifty IT and Nifty FMCG traded in red.
However, broader markets were mixed, with the NSE Midcap 150 trading 0.06% lower and NSE Smallcap was trading 0.09% higher.
Nifty 50 Live Today: HDFC Bank, HCLTech Drag
HDFC Bank, HCLTech, TCS, Bajaj Finance, Bharti Airtel weighed on the Nifty 50 index.
RIL, ICICI Bank, Axis Bank, Tatas Steel, BEL added to the Nifty 50 index.
Stock Market Today: Nifty Above 26,300, Sensex Trade Flat
The NSE Nifty 50 and BSE Sensex opened MIXED on Monday. The Nifty 50 opened 0.02% higher at 26,333.70 and Sensex opened 0.014% down at 85,640.05. However, minutes after open the markets fluctuated from green to red but at 9:20 a.m. Nifty was trading 0.05% lower and Sensex was down 0.03%.
Cupid Share Price Update: Large Trade In Stock
Over 2.13 million shares of Cupid were traded in pre-market trading on Monday.
Stock Market Live Update: Nifty, Sensex Flat At Pre-Open
At pre-open, the NSE Nifty 50 was trading 5.15 points or 0.02% higher at 26,333.70. The BSE Sensex was down 145.94 points at 85,616.07.
Stars Finally Aligning For India’s FMCG Story, Says Goldman Sachs — Check Stock Picks
India’s fast-moving consumer goods sector could be headed into one of its strongest earnings phases in years, with a rare combination of revenue and margin tailwinds coming together in 2026, according to Goldman Sachs.
Read the whole story here for the stock picks.
Mindspace Tops Morgan Stanley’s REIT Picks as India’s Office Market Enters Sweet Spot
India’s office real estate investment trusts are entering what Morgan Stanley calls a new phase of low-risk, compounding returns. This is driven by strong leasing momentum, easing interest rates, and sustained demand from global capability centres (GCCs).
In a new research note, the brokerage said FY25 marked a clear inflection point for listed office REITs, with distribution per unit (DPU) growth of around 10% year-on-year — the first such acceleration since their listing.
Morgan Stanley expects DPU to compound at roughly 10% annually over the next three years, supported by higher occupancies, new leasable area additions, and the full transmission of rate cuts.
Japan Topix, Nikkei Rises Over 2% At Morning Close
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Japan Topix index rises 2.1% to 3,481.17 at morning close.
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Japan’s Nikkei index rises 2.8% to 51,759.10 at morning close.
Source: Bloomberg
Reliance Industries, ONGC Shares In Focus
Indian energy stocks are back in focus after Jefferies on Monday highlighted potential benefits for Reliance Industries Ltd. and ONGC from a possible US-led takeover or deeper involvement in Venezuela’s oil industry. While the brokerage expects the near-term impact on global crude prices to be insignificant, it believes the strategic implications could be meaningful for select Indian companies over the medium to long term.
HDFC Bank Shares In Focus After Q3 Business Update
HDFC Bank Q3 Business Update (YoY)
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Average Advances as of rises 9% to Rs 28.6 lakh crore.
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Average CASA deposits rises 9.98% to 8.9 lakh crore.
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Average Deposits up 12.2% at Rs 27.5 lakh crore.
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Gross Advances rises 11.9% to 28.4 lakh crore.
US Oil Stocks Rally In Pre-Market Trade After Capture Of Venezuela’s Maduro
The United States’ capture of Venezuela’s Nicolas Maduro may have significant ramifications for the global oil markets, with the South American nation holding the largest oil reserves in the world.
While all eyes will be on the US market opening on Monday, big oil stocks in the US have already started reacting in pre-market trade, with the likes of Chevron, Valero and ConocoPhillips leading gains.
Shares of Chevron are gaining as much as 11% in pre-market trade, mirroring gains of both Valero and ConocoPhillips.
Nifty Today: What F&O Cues Indicate
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Nifty January futures up by 0.71% to 26,478 at a premium of 332 points.
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Nifty January futures open interest down by 2.15%.
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Nifty Options on Jan 6: Maximum Call open interest at 27,000 and Maximum Put open interest at 26,000.
Dollar Check
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The US Dollar index is up 0.17% at 98.32.
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Euro was down 0.17% at 1.1701.
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Pound was down 0.16% at 1.3440.
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Yen was up 0.13% at 157.04.
Stock Market News Live: Global Check
Asian equities climbed to a record as investors added to bets on technology shares, building on last year’s rally in chipmakers and artificial-intelligence–linked companies.
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S&P 500 futures rose 0.1% as of 10:18 a.m. Tokyo time
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Japan’s Topix rose 1.9%
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Australia’s S&P/ASX 200 was little changed
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Hong Kong’s Hang Seng rose 2.8%
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The Shanghai Composite was little changed
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Euro Stoxx 50 futures rose 0.5%
Stock Market Live Updates: GIFT Nifty Indicates Positive Start
Good morning readers.
The GIFT Nifty was trading above 26,500 early on Monday. The futures contract based on the benchmark Nifty 50 rose 0.27% at 26,538 as of 6:47 a.m. indicating a positive start for the Indian markets.
In the previous session on Friday, the benchmark ended higher. The NSE Nifty 50 ended 182 points or 0.70% higher at 26,328.55, while the BSE Sensex closed 573.41 points or 0.67% higher at 85,762.01.
. Read more on Markets by NDTV Profit.