Wed, Jan 8, 2025 3:15 PM
Nifty at 26,000? Citigroup sees 10% upside for Indian stocks in 2025
A Flip by Swapnil Tiwari
Advait Energy Transitions shares will remain in focus on Thursday following the company's announcement of receiving a LoI from Gujarat Urja Vikas Nigam for a 50 MW/500 MWh segment of the 500 MW/1000 MWh Standalone Battery Energy Storage System (BESS) project in Gujarat. On Wednesday, Advait Energy shares closed at Rs 1,529.6, up 0.2% on the BSE, while the benchmark Sensex declined 0.06%.
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The Canadian dollar dips 0.2% against the US dollar, trading in a range of 1.4340 to 1.4409, as US Treasury yields climb and investors worry about potential US trade tariffs. The loonie's decline is also influenced by a decrease in US oil prices and a rise in US bond yields. Canadian bond yields moved higher across a steeper curve, tracking moves in U.S. Treasuries.
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Shares of Tata Motors fell as much as 3 percent to Rs 769 in early trade on January 9, snapping its two-day losing streak despite Nomura and Morgan Stanley dishing out positive calls on the stock following Jaguar Land Rover's third-quarter sales update. JLR, Tata Motors' British subsidiary, reported a mixed performance. Wholesale volumes increased by 3 percent YoY to 1,04,427 units.
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