Tata Elxsi's Q3FY25 revenue and profit missed expectations due to weakness across verticals, currency headwinds, and wage hikes. EBIT margins contracted 327bps to 23.5%. EPS estimates were reduced by 11.3%/9.5% for FY26E/FY27E due to continued stress in the automotive segment. The target price was revised to INR 5,853 with a reaffirmed REDUCE rating.

Shares of Adani group companies witnessed strong buying action in trade on Tuesday, January 14, with all the group companies trading in the green. All 10 Adani group stocks gained today, rising up to 18%. Adani Power stocks emerged as top gainers, followed by Adani Energy Solutions and Adani Green Energy.

Indian government bond yields are expected to be largely unchanged in early deals on Tuesday as it awaits the direction of the local currency, while U.S. yields remain elevated on dwindling bets of a rate cut in the world's largest economy. The 10-year bond yield is likely to move between 6.82% and 6.87%, a trader with a private bank said, compared with its previous close of 6.8500%.

The dollar fell against almost every major currency after Bloomberg News reported that Donald Trump’s incoming economic team is considering gradual hikes in tariffs. The Bloomberg Dollar Spot Index dropped as much as 0.4% in early Asia trading Tuesday, after a report showed Trump’s economic advisors are discussing a slow and steady approach to tariffs, rather than a large one-time increase.

Shares of Bartronics India are in focus on January 14 as its promoter Kinex India is set to sell 1.92 crore shares of the company through an offer-for-sale (OFS) which opens today for non-retail investors. The proposed shares that are set to be sold represent 6.29% of the total equity of the company.

Newly listed Vishal Mega Mart has seen significant interest from India's domestic mutual funds, as evident from its shareholding pattern for the quarter that ended on December 31. Based on the shareholding pattern on BSE, India's domestic Mutual Funds held an 8.66% stake in Vishal Mega Mart. Nippon India AMC's name features among those funds which have a stake of 1% or more in Vishal Mega Mart.

Jefferies upgraded its rating on Asia's oldest bourse BSE Ltd to 'hold,' with a target price of Rs 5,250 per share. From the previous session's closing price, this indicates a minor upside of 2%. According to the brokerage, markets regulator Securities and Exchange Board of India's (SEBI) recent measures on F&O trading have significantly impacted option volumes, which have dropped by 70%.

The market capitalisation of all listed firms on the BSE fell below $5 trillion for the first time in eight months, amid persistent selling pressure in Indian equities driven by global market declines and sustained foreign investor outflows. The global selloff has been fueled by concerns over India’s deepening economic slowdown and muted earnings expectations for the December quarter.

Shares of Mahanagar Gas Ltd. (MGL) will be in focus on Tuesday, January 14, after global brokerage firm Morgan Stanley initiated coverage of the stock with an 'Overweight' rating and a price target of ₹1,606 per share. The price target assigned by Morgan Stanley implies a potential upside of over 30% from Monday's closing levels.

Shares of Bartronics India are likely to remain in focus on Tuesday, January 14. Its promoter, Kinex India, plans to sell about 1.92 crore shares via an offer for sale on January 14, 2025 for non-retail investors and on January 15, 2025 for retail investors. This move is to achieve the minimum public shareholding in the company. Shares have risen significantly in the last two years.

International broking house Morgan Stanley initiated coverage on city gas distribution player Mahanagar Gas Ltd (MGL) with an 'overweight' rating. The brokerage also issued a target price of Rs 1,606, which implies a 31 percent upside from the previous session's closing price. The firm sees natural gas as the fuel of the future for Mumbai, a city with ever-growing energy and travel needs.

The domestic market slipped into correction territory late last year and the slide seems to be only worsening for now. The drawdown cut is across the market -- leaving even the supposedly stable bluechip stocks vulnerable. An analysis by ETMarkets revealed that 70 of India's top 100 stocks have seen double-digit declines in the last three months or so with some tumbling as much as 55%.

Shares of PFC and REC surged up to 4.5% after ICICI Securities initiated coverage with "Buy" ratings and target prices of Rs 550 for PFC and Rs 600 for REC. The brokerage highlights a Rs 43 lakh crore pipeline for power generation projects and energy transition funding as key growth drivers. Strong asset quality and government support bolster their outlook.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 25.01 points or 0.03%. By 9.15 am, the index stood at 76,650.40 signifying a gain of 320.39 points or 0.42% over its previous closing. Meanwhile, 📌Century Plyboards Ltd , 📌Shoppers Stop Ltd and 📌Astrazeneca Pharma India Ltd emerged as the Top Gainers of BSE in the pre-opening session today.

India's draft Digital Personal Data Protection Rules 2025 aim to modernize data governance, introducing new requirements for businesses, including transparent privacy notices, data breach notifications, and data localization for significant data fiduciaries. However, the rules lack clarity on key aspects, such as significant data fiduciary classification and data retention periods.