For the second straight trading day, the Nifty and Sensex both noticed losses, falling more than 1.5%. However, both indices saw daylight today, January 14, 2025. The time was around 9AM and during this time, Sensex gained 314.02 points, thus standing at 76,644.03. Nifty similarly rose by 0.47 percent standing at 23,193.75.

The major contributors for this rise was NTPC, Zomato, Adani Ports and Tata Motors. All these traders were able to sell over 500 shares when the index hit 76,779.49 and lower it down to 23,227.20,  which is a significant loss of 2.39%. The reason behind such major losses was the consolidated foreign investment made during Makuni's trading sessions.

Among the major players which were on the opportunity costing team included Tech Mahindra, Infosys, Hindustan Unilever, Tata Consultancy Services and Nestle. Similar to Nifty and Sensex, they also noticed a decline in their index prices.

HCL Technologies was one of the worst-performing IT stocks for the year, more than dropping 9% post Q3 earnings announcement(in-between October-December) which greatly decreased the investors’ confidence. HCL reported an increase of 5.54% in the consolidated PAT with 4591 crores on 13 January of 2025. The results were evidently disappointing for the market stakeholders, however, the company’s CEO was optimistic about a potential increase in demand and discretionary spending. Subsequently, the company increased the revenue growth guidance. HCL Tech’s Q3 results and Q4 guidance on the other hand came out to be disappointing for the brokerage firm Motilal Oswal Research, as they had expected better results.

Research Analyst, Capital Market Strategy, Mirae Asset Sharekhan, Shaji Nair reported HCL Tech result for media where he appreciated the performance and corroborated HCL’ brievement of expecting a revenue growth of 3.8 and saying they delivered better with over 4.8

On Tuesday, Asian markets had a mixed performance where Seoul, Shanghai and Hong Kong were able to make gains while Nikkei was unable to perform well. Meanwhile, US markets had a mixed performance resulting in Indian equities being affected negatively as Indian equities worth Rs 4,892.84 crore were sold by Foreign Institutional Investors on 13th January 2025. According to V K Vijayakumar, ‘the market is a bit oversold’ and going forward a bounce that is going to positively impact the market could be expected. Although that trend will not last for long. In the past, that is exactly what happened, which is why it is difficult to predict.In the meantime the global oil benchmark Brent crude oil price fell 0.33 percent to 80.74 USD per barrel.