Stock Market Today, January 27: The Union Budget 2025 (Budget 2025) is scheduled to be announced on 1 February, and before that there is a lot of movement in the stock market. Today’s business may show the impact of global signals and quarterly results on Sensex and Nifty50.
At 6:30 am today, Gift Nifty Futures showed 52 points trading at 23,062, indicating negative start in the market.
Investors will pay special attention to economic policies and financial steps in the budget to be presented this week, as they will directly affect the market’s sentiments and short-term trends.
The previous season had closed at 76,190.46 with a decline of 329.92 points (0.43%). At the same time, Nifty50 declined by 113.15 points (0.49%) and closed at 23,092.20.
The market mood may be unstable as soon as the budget gets closer, but investors will be waiting for the big signals related to economic reforms and Q3 results.
Q3 results
Domestic investors will react to Q3 results today, including companies like ICICI Bank, JSW Steel, JK Cement, IDFC First Bank, Yes Bank and NTPC.
Apart from this, Tata Steel, Coal India, Adani Total Gas and Adani Wilmar will release their Q3 financial results today.
ICICI Bank has recorded a standalone net profit of Rs 11,792 crore in Q3Fy25 with a gain of 15%, which was Rs 10,272 crore in Q3Fy24 last year.
However, market instability may persist for some time. The initial Q3 results and the management outlook of companies have raised concerns. Vinay Pahadia, Cio of Pgim India Mutual Fund, says that investors need to be vigilant with these trends.
How are global signals?
The Asian markets started on Monday with an edge, but later it took a mixed attitude. According to the latest information, Nikkei fell 0.18 percent, while Topix was seen trading up 0.4 percent. At the same time, the markets of Australia, Taiwan, and South Korea remained closed due to holidays.
China took a new initiative on Sunday to strengthen its struggling stock market. China Securities Regulatory Commission (CSRC) has taken new steps to promote index investment products. Under this, the expansion of equity and bond ETFs will be supported.
China will release its important economic data today, which includes data related to the industrial profits of December and the January factory activity.
The US markets closed down on Friday after a four -day lead. S&P 500 fell 0.3 percent, Nasdaq came down 0.5 percent, and
Dow Jones fell 0.3 percent.
Now investors are eyeing the minutes of the Monetary Policy meeting of Bank of Japan on Wednesday, January 29. Along with this, on January 30, FOMC’s decision on interest rates, Q4 GDP figures, jobless claims, and ECB interest rate policy will also be focused.
Commodity Market Update
Gold prices surge
On Friday, gold prices saw an increase of more than 1%, which reached its highest level in October. Dollar weakness, demand for reducing the interest rates of President Donald Trump and the fourth consecutive weekly lead of gold supported the tariff. Spot gold rose 0.7% to $ 2,773.02 an ounce, while US gold futures rose by 0.5% to close at $ 2,779.7 an ounce.
Stability in oil prices, but a week’s decline
Oil prices remained stable on Friday, but a decline was recorded in a week, causing a break on the last four weeks. Trump revealed the plan to increase US production and appealed to OPEC to reduce crude prices. Brent crude rose 0.27% to $ 78.50 per barrel, while the US WTI closed at $ 74.66 per barrel with a slight gain of 0.05%.