Indian headline indices were trading strongly on Tuesday tracking positive global cues with strong buying action in IT, auto and bank stocks. While the S&P BSE Sensex was trading at 71,813, up 458.13 points or 0.64%, the broader Nifty at 21,654, higher by 141.25 points or 0.66%.Top Gainers and losersThe market breadth was heavely skewed in favour of the bulls with 48 stocks in Nifty trading.

Shares of Inox Wind rose 2 percent in the opening trade on January 9 after the company was awarded a wind power project by NLC India. At 9:27am, Inox Wind was quoting Rs 504.70, up Rs 9.80, or 1.98 percent, on the BSE. "The company has received a Letter of Intent (LoI) for executing a 50 MW ISTS connected wind power project on a turnkey basis from NLC India Limited, a Navratna CPSU," it said

While the serious business of investing is no get-rich-quick scheme, Dalal Street has offered '25 din mein paisa double' to investors in 6 stocks without doing any 'Hera Pheri' as Akshay Kumar would say .The popular dialogue 25 din mein paisa double in the 2006 Hindi comedy film 'Phir Hera Pheri' continues to be the subject of not just countless memes on social media but has also inspired.

Gujarat Chief Minister Bhupendra Patel has said his government has set a target to contribute 10% to India's GDP and become a USD 500 billion economy by 2026-27. At present, Gujarat, with five per cent the country's population, contributes 8.3% to the national Gross Domestic Product (GDP) and in the previous year, the state accounted for 33% of India's total merchandise exports.

The share price of BEML gained in the opening trade on January 9 after the company won an order from the defence ministry. At 9:26am, BEML was quoting Rs 3,196.05, up Rs 23.70, or 0.75 percent, on the BSE. "The company has bagged orders from Ministry of Defence for supply of mechanical minefield marking equipment Mark-II valued at approximately Rs 329.87 crore," it said in a release.

Aurobindo Pharma share price gained in the opening trade on January 9 after the company received establishment inspection report from the US Food and Drug Administration (USFDA). The USFDA had inspected the pharma firm’s formulation manufacturing facility in Chitkul in Telangana in September. The establishment inspection report has classified the facility as "Voluntary Action Indicated" (VAI).

As Indian travellers promise to explore the uncharted territory of Indian islands like Lakshadweep in the wake of India vs Maldives controversy, investors have been gunning for a Gujarat-based smallcap company that recently won a contract to develop 50 tents in the Union Territory. Shares of Praveg, known for its luxury tent resorts in tourist places, rallied 43% in just three trading sessions.

PowerSchool, a cloud-based software provider for K-12 education, aims to expand the India-based employee base to 2,000 personnel in the next 3 to 5 years, representing an expansion of their existing India workforce of 1,300. To accommodate this investment commitment, PowerSchool said it has augmented its Bengaluru headquarters.

TikTok owner ByteDance said on Tuesday it is in talks with multiple prospective buyers of its gaming assets, including the world's largest video games company, Tencent, as the Chinese social media firm retreats from the gaming industry. Talks are ongoing but no deal has been reached, a ByteDance spokesperson told Reuters. ByteDance and Tencent are discussing a dea.

India’s staffing companies anticipate tax relief and a boost in interest rates on provident fund accounts when Finance Minister Nirmala Sitharaman presents the interim budget on February 1. Besides, head-hunters expect allocations for initiatives that enhance employability.

Santosh Joseph, CEO and founder, Refolio Investments and Germinate Investor Services LLP, is optimistic about the earnings season that begins later this week. The business updates are in line with market expectations despite valuation worries after the recent rally, Joseph has said. The financial services professional with over 20 years of experience expects banking and insurance, PSU, capital.

FTSE will announce changes to its indices in February as Phoenix Mills, Thermax, and Suzlon Energy are most likely to be added to the FTSE All World index, as per IIFL Alternative Research. The firm on January 9 said that Phoenix Mills' addition can bring in flows worth $46.2 million, Thermax could see $26.5 million worth of flows and Suzlon Energy is likely to get $89.4 million inflows.

A fine balance struck between the Middle East conflict, concerns about global demand and rising supply from producing countries has helped crude oil on a slippery ground with a marginal turnaround. Oil prices edged up on January 9, partially recovering from the decline in the previous session. Brent crude futures increased by 18 cents, reaching $76.30 a barrel, representing a 0.2% rise.

Bajaj Auto’s share buyback price of Rs 10,000 per share looks attractive, but most retail shareholders may not receive this bonanza, as the small size of the repurchase offer will limit the acceptance ratio below 10 percent, according to Nuvama calculations. The share buyback announcement has driven the stock trade 5 percent higher at the opening on January 9. Moreover, since the stock has run.

The initial public offer (IPO) of Jyoti CNC Automation opens for subscription today. The issue, which closes on January 11, is completely a fresh issue worth Rs 1,000 crore.Ahead of the issue launch, the company has raised Rs 448 crore from anchor investors including Nomura, Goldman Sachs among others.Net proceeds will be used for repayment of some of its loans, funding for long-term working.