HSBC cut its rating on Indian equities to ”neutral” on Thursday, joining a growing list of global brokerages that have tempered their bets on Asia’s third-largest economy on slowing growth and elevated valuations. The brokerage slashed its end-2025 target for the BSE Sensex by 5% to 85,990. That implies a 10% upside for the benchmark, which was trading at 77,700 levels on Thursday.

Page Industries is well-positioned to capitalize on India's growing innerwear and athleisure markets, driven by its strong brand equity, low-cost manufacturing, and well-diversified product portfolio. The company's dominant position in the mid-premium innerwear segment and focus on expanding its user base support a BUY rating with a target price of INR57,500.

Tata Motors shares fell 3.2% to an intra-day low of Rs 769.45. The stock was among the major losers in the Nifty 50 on January 09. The drop in share price came after its subsidiary Jaguar and Land Rover (JLR) reported a fall of 3% in retail sales at 106,334 units in the October to December quarter of FY25. However, the company reported an increase of 3% in wholesale sales in the same period.

Newgen Software Technologies Ltdhas bagged an order worth $2.57 million through its US-based material subsidiary, Newgen Software Inc. (NSI). The software company’s arm has signed an agreement with a US-based healthcare client for Enterprise Content Management. The international contract is for an initial period of three years and aggregates to $2,576,284, the company said in an exchange filing.

Open-ended equity mutual fund inflows stayed in the positive zone for the 46th month in a row, surged 14.5 percent over the last month to Rs 41,155.91 crore in December, as thematic/sectoral and small-cap funds saw higher investments, data released by the Association of Mutual Funds of India on January 9 showed.

Shares of Anand Rathi Wealth surged as much as 8 percent in early trade on January 9 after the company announced plans to consider a proposal for the issue of bonus shares. The company's board will mull over the proposal at its upcoming meet on January 13. At 10.19 am, shares of Anand Rathi were trading at Rs 3,932.95 on the NSE, sharply off its day's high of Rs 4,139.30.

Farmers in Maharashtra have sown rabi crops over 6.1 mn hectares as of Monday, up 20.1% on year from 5.1 million hectares sown in the same period last year, according to a release by the state agriculture government. The state has gone over nearly 13% of its targeted area, which is the average of the last five years, at 5.4 mn hectares. Chana acreage in the state so far was 2.7 million hectares.

Laxmi Dental’s initial public offering (IPO) is scheduled to kick off for subscription on Monday, January 13, and will remain open until Wednesday, January 15. The company aims to raise ₹698 crore through the offering, which comprises a fresh issue of 0.32 crore shares, aggregating ₹138 crore and an offer for sale (OFS) of 1.31 crore shares, aggregating ₹560.06 crore.

Gold Rate and Silver Price Today on January 9, 2025: Gold prices experienced a modest increase on Thursday. The cost of 24 carat gold in India is Rs.7900.3 per gram, reflecting an increase of ₹ 130.0. The cost of 22 carat gold in India is 7243.3 per gram, a rise of ₹120.0. The current price of silver in India is 95500.0 per kg, reflecting an decrease of 200.0 per kg.

Keystone Realtors Ltd., a Mumbai-based real estate developer, reported a 40% increase on a year-on-year in pre-sales to✅ ₹863 crore in Q3FY25, with collections up✅20% to ₹542 crore. The company added two new projects with a gross development value of ✅ ₹980 crore, achieving ✅82% of its annual guidance.

Transformers And Rectifiers In Q3 Results 2025: Transformers And Rectifiers In declared their Q3 results on 08 Jan, 2025, showcasing a remarkable performance with a topline increase of 51.44% year-over-year (YoY) and a staggering profit rise of 251.35% YoY. The company reported a profit of ₹54.74 crore and revenue of ₹559.36 crore.

The Indian government's fiscal glide path aims to reduce its budget deficit, currently targeted at 4.5% of GDP by 2025-26, to avoid economic issues like inflation and high interest rates. A fiscal deficit occurs when the government spends more than it earns, leading to borrowing, and sustained high deficits can harm the economy.

Investing 20 years ago was limited to fixed deposits, property, and equities, offering little diversification. This restricted investment approach has since evolved to include a broader range of asset classes, providing more opportunities for investors to spread risks and increase potential returns.

One Mobikwik Systems Q2 Results 2025: One Mobikwik Systems declared their Q2 results on 07 Jan, 2025. The topline decreased by 23.73% & the loss came at ₹3.59cr. It is noteworthy that One Mobikwik Systems had declared profit of ₹9.48cr in previous fiscal year same period. As compared to the previous quarter, the revenue declined by 15.08%.

Ace investor Dolly Khanna’s stake in Repco Home Finance dipped below 1 per cent during the third quarter of the financial year 2024-25 (Q3 FY25), likely signalling her exit from the company.Repco Home Finance was part of Dolly Khanna’s portfolio stocks in Q2 FY25, with the investor holding a 1.13 per cent stake or 7,08,786 shares.