Long term return stock market Indian Stock Market Nifty 50

“Stock Market Rewiew “Market Slips Amid Global Weakness: FMCG Shines as Realty and Oil Stocks Tumble”

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Stock Market Report: Yesterday’s Performance and Key Highlights

The stock market experienced a challenging day yesterday, with indices opening below the previous day’s closing points. While the Nifty 50 briefly hit its highest point at 10:16 AM, it faced a steady decline throughout the trading session. Here’s a detailed breakdown of the market trends and highlights.

Sectoral Performance: FMCG Stands Strong

The majority of sectors ended the day in negative territory. Notably:

  • FMCG Sector: The only sector to close positively, showcasing resilience amidst a broader market downturn.
  • Realty Stocks: Experienced the steepest declines, reflecting market pressure.
  • Oil and Gas Stocks: Followed suit with significant losses.

Global cues also contributed to the subdued sentiment:

  • US and European Markets: Mostly flat, providing little momentum for domestic markets.
  • Asian Markets: Closed negatively, mirroring the downward trend seen locally.

Top Gainers and Losers on Nifty 50

Despite the market’s overall decline, a few stocks managed to register gains, while others faced steep losses.

Top Gainers

  1. Bajaj Auto: ₹8,835.85 ▲ 2.24%
  2. Nestle: ₹2,256.05 ▲ 1.63%
  3. Hindustan Unilever: ₹2,435.40 ▲ 1.43%
  4. Britannia: ₹4,926.30 ▲ 1.37%
  5. M&M: ₹3,126.50 ▲ 1.31%

Top Losers

  1. Shriram Finance: ₹2,809.85 ▼ 3.07%
  2. ONGC: ₹263.18 ▼ 3.00%
  3. BPCL: ₹280.00 ▼ 2.37%
  4. Coal India: ₹372.20 ▼ 2.14%
  5. Tata Steel: ₹129.93 ▼ 2.04%

Key Financial News

  1. Mutual Funds:
    • Net inflow in equity mutual funds surged 142% YoY to ₹41,156 crore in December 2024.
    • Debt mutual funds witnessed a net outflow of ₹1.27 lakh crore, marking a significant increase from the ₹75,560 crore outflow recorded in December 2023.
  2. China’s Inflation:
    • China’s annual inflation rate dropped to 0.1% in December, the lowest since March 2024.
  3. Quadrant Future Tek IPO:
    • Subscribed 186.66 times, with retail subscription reaching a staggering 246.94 times.

Stock Updates

  1. TCS:
    • Reported an 11.96% YoY growth in net profit to ₹12,380 crore for the October-December quarter.
    • Announced an interim dividend of ₹10 per share and a special dividend of ₹66 per share.
    • Approved a ₹1,625 crore acquisition of two Tata Realty and Infrastructure subsidiaries.
  2. Shriram Finance:
    • Set for a stock split today, with one share being split into five equal shares.
  3. Swiggy:
    • Announced a new app for its quick commerce service, Instamart, now operational in 76 cities.
  4. Tata Elxsi:
    • Reported a 5.05% YoY decline in net profit to ₹199 crore for the October-December quarter.
  5. NTPC:
    • Formed a joint venture, NTPC Rajasthan Green Energy, to develop renewable energy projects and green hydrogen initiatives.
  6. BHEL:
    • Commissioned two units of the Punatsangchhu-II hydroelectric project in Bhutan.

Commodities and Currencies

  • Gold: 10g at ₹78,080 ▲ 0.63%
  • Silver: 1kg at ₹91,420 ▲ 0.58%
  • USD-INR: ₹85.88/USD ▲ 0.04%

Long-Term Market Returns

For long-term investors, the market continues to provide robust returns over the past 20 years:

  • Sensex: ▲ 13.27% per annum
  • Nifty: ▲ 13.07% per annum
  • Dow Jones: ▲ 7.20% per annum
  • Nasdaq: ▲ 11.81% per annum

The market’s performance yesterday reflected a mix of global pressures and sectoral weaknesses. While most sectors faced declines, the FMCG sector provided a silver lining. Investors should keep an eye on global developments and stock-specific updates as the market navigates uncertain waters.

Read More Stock Market Daily Updates

110 thoughts on ““Stock Market Rewiew “Market Slips Amid Global Weakness: FMCG Shines as Realty and Oil Stocks Tumble””

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