India's stock market bounced back on Monday, breaking a five‑day losing streak as optimism grew around upcoming trade talks between New Delhi and Washington.
The BSE Sensex climbed 301.93 points to finish at 83,878.17, while the NSE Nifty 50 added 106.95 points, closing at 25,790.25. The rally came after the incoming U.S. ambassador to India said trade discussions would start on Jan. 13, giving investors a confidence boost.
Technical analyst Rupak De noted that the Nifty formed a "piercing line" pattern, hinting at a possible bullish reversal after recent selling pressure. On the hourly chart, the RSI moved out of the oversold zone, showing early signs of recovery.
However, the index still faces resistance around the 26,000–26,100 range, with key support near 25,650.
In terms of value, the most active shares were Hindustan Copper, BSE, HDFC Bank, ICICI Bank, IFCI, Reliance Industries and Vodafone Idea. By volume, Vodafone Idea led the pack, followed by IFCI, YES Bank, Ola Electric Mobility, Suzlon Energy, Indian Energy Exchange and Hindustan Copper.
Stocks that attracted notable buying interest included IFCI, Force Motors, Hindustan Copper, BSE, Premier Energies, Power Finance Corp and Hindustan Zinc. Meanwhile, stocks such as Tejas Networks, City Union Bank, GE Vernova T&D India, Signature Global, Reliance Infrastructure, Maharashtra Scooter and Cohance Lifesciences faced selling pressure.
Overall sentiment was still bearish, with more stocks declining than advancing on the BSE.
Remember, this is perspective, not prediction. Do your own research before making any investment decisions.
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Join TelegramThe much‑awaited listing of Bharat Coking Coal might be pushed back a few days because the stock exchanges will be closed on Jan 15 for a municipal election holiday. Why the listing could be delayed The IPO opened on Jan 9 and is set to close on Jan 13. Allotment is expected on Jan 14, with refunds and share credit planned for Jan 15. Since Jan 15 is a settlement holiday, those post‑allotment steps will likely move to Jan 16, meaning the actual market debut could shift from Jan 16 to Jan 17 or even Jan 19, depending on final clearance. Strong demand despite the possible delay Investor interest remains high. The Rs 1,071 crore issue was fully subscribed within the first 30 minutes of the first day and was over‑subscribed more than 25 times by the end of day two. Retail and non‑institutional investors led the buying, showing confidence in the company’s valuation. In the grey market, the shares traded at about Rs 11 above the top price band (roughly a 46% premium), suggesting investors expect a solid first‑day pop even amid broader market volatility. About the issue All shares are being sold by Coal India; no new equity is being issued. Price band: Rs 21‑23 per share (face value Rs 10). Minimum bid size: 600 shares, making it a relatively higher‑ticket offer for retail buyers. Shares will be listed on both NSE and BSE. Company background Bharat Coking Coal is India’s largest producer of coking coal, the key raw material for steel making. It holds about 7.9 billion tonnes of coking‑coal reserves, roughly 21.5% of the country’s total. In FY25 the firm produced about 58.5% of India’s domestic coking coal. The company operates 34 mines in Jharkhand and West Bengal and is investing in washeries to improve the quality of its washed coking coal. Financial snapshot and valuation FY25 revenue: ~Rs 14,401 crore. Consolidated profit: ~Rs 1,240 crore. Debt‑free and cash‑generative. Analysts value the stock at about 8.6 times FY25 earnings at the top price band, seeing most of the upside coming from listing gains. EV/EBITDA is estimated around 6.4 times post‑issue capital. While the exact listing date is still unconfirmed, investors should keep an eye on official updates and be prepared for a possible short postponement. Remember, this is perspective, not a prediction. Do your own research before making any investment decisions.
Shadowfax, a leading logistics provider for e‑commerce parcels, is set to launch a Rs 1,900‑crore initial public offering next week. Key Details of the IPO The company aims for a post‑market valuation of about Rs 7,400 crore, a more conservative figure than earlier estimates of Rs 8,500 crore. The offering includes: Fresh issue of shares worth Rs 1,000 crore. Offer for sale (OFS) of Rs 900 crore by existing shareholders. Investors selling shares in the OFS include Flipkart, Eight Roads Investments, NewQuest Asia Fund, Nokia Growth Partners, International Finance Corporation, Mirae Asset, Qualcomm Asia Pacific, and Snapdeal founders Kunal Bahl and Rohit Kumar Bansal. How Proceeds Will Be Used Shadowfax plans to use the fresh‑issue funds to: Expand its network infrastructure. Finance lease payments for new first‑mile, last‑mile, and sort centres. Invest in branding, marketing, and communications. Explore inorganic acquisitions. Support general corporate purposes. Company Performance Snapshot For the first half of FY26, Shadowfax posted revenue of roughly Rs 1,800 crore, a 68% jump from the same period last year. Total revenue for FY25 was Rs 2,485 crore. Market Position and Share The e‑commerce express parcel segment accounts for about 70% of the business, with hyperlocal and quick‑commerce logistics contributing another 20%. According to market data, Shadowfax’s share in the express parcel market rose to around 21% in Q1 FY26, up sharply from about 8% in FY22. Backed by investors such as Flipkart, TPG, Eight Roads Ventures, Mirae Asset Ventures, and Nokia Growth Funds, the company serves a wide range of clients, from large e‑commerce platforms to food‑delivery and on‑demand mobility services. Disclaimer Remember, this is perspective, not a prediction. Do your own research and consider your risk tolerance before making any investment decisions.
Amagi Media Labs' upcoming IPO has attracted strong backing from big institutional investors, raising about ₹805 crore in its anchor book. Key Highlights Anchor book size: ₹805 crore (about $9.6 bn) Price per share: ₹361, the top of the band IPO size: ₹1,789 crore, opening Jan 13 and closing Jan 16 Proceeds: ₹816 crore for tech upgrades, acquisitions and general corporate purposes Who Joined the Anchor Book The anchor allocation was led by India’s three largest domestic mutual fund houses – SBI Mutual Fund, ICICI Prudential Mutual Fund and HDFC Mutual Fund – together holding roughly 40 % of the anchor shares. Other notable participants include: Domestic mutual funds: Birla, Fidelity, Motilal Oswal, Tata, Franklin Templeton, Baroda BNP Paribas, Amundi, PGIM, Bandhan, 360One Global institutions: Goldman Sachs, Societe Generale, Susquehanna International Group (SIG), Isometry Capital, New Vernon Capital Insurers: HDFC Life, Edelweiss Tokio Life, Bharti Axa Other anchors: Helios Capital (and its mutual fund arm), Creaegis What the IPO Plans Include The offer consists of a fresh issue and an offer‑for‑sale. Fresh‑issue proceeds will be used to: Strengthen Amagi’s advertising‑technology platform and cloud infrastructure Fund potential acquisitions (details not disclosed) Support general corporate needs Why It Matters Amagi is the first deep‑tech and SaaS‑focused private‑sector listing this year, making its IPO a useful gauge of how institutional investors view technology‑driven business models after a quiet period for new‑age listings. Strong anchor demand could signal confidence that encourages retail participation. Disclaimer Remember, this is just an overview, not a prediction. Always do your own research and consider your risk tolerance before making any investment decisions.