Market ka Capsule - Adani Energy's largest order to date, Uco Bank and Zomato files there quarterly results, US exits from WHO, & more
Market ka Capsule
Adani Energy's largest order to date, Uco Bank and Zomato files there quarterly results, US exits from WHO, & more
Monday, 21-January-2025
Sensex 75,838.36 ⏷ 1.60% Nifty 23,024.65 ⏷ 1.37%
Pointers:
- Markets opened higher than yesterday's closing point.
- Nifty 50 climbed and at around 11:52 AM the highest point. After that, the whole market fell throughout the day.
- All sector stocks fell today. The Realty and consumer durables stocks fell the most.
- Nifty 50 has fallen between 1% and 2% about 88 times in the last 5 years.
- Global Trends:
- The US markets were closed due to Martin Luther King Jr. Day.
- European markets were flat.
- And Asian Markets showed a mixed trend.
| Apollo Hospital | Rs. 1,919.15 ▲ 2.04% |
| Tata Consumer | Rs. 972.10 ▲ 1.23% |
| BPCL | Rs. 280.20 ▲ 1.05% |
| JSW Steel | Rs. 926.85 ▲ 0.83% |
| Shriram Finance | Rs. 520.30 ▲ 0.70% |
TOP LOSERS: (Nifty 50)
| Trent | Rs. 5,736.95 ⏷ 5.80% |
| Adani Ports | Rs. 1,106.20 ⏷ 3.70% |
| NTPC | Rs. 324.30 ⏷ 3.50% |
| ICICI Bank | Rs. 1,196.15 ⏷ 2.98% |
| SBI | Rs. 759.05 ⏷ 2.59% |
News:
- The US has passed an order to withdraw its membership from WHO after Donald Trump sworn himself as the 47th President of the US.
- UK's unemployment rate rose to 4.4% in November (from 4.3% in October).
- Uco Bank has filed its Quarterly results with SEBI and the exchanges.
- Zomato has filed its Quarterly results with SEBI and the exchanges, await for a detailed analysis on the results.
Trending Stocks:
| RPower | ⏷ 1.28% |
| IDEA | ⏷ 5.36% |
| Zomato | ⏷ 10.16% |
| Swiggy | ⏷ 8.01% |
- Adani Energy: received its largest order, worth Rs. 25,000 crore, for a 6 GW HVDC transmission system from Bhadla (Rajasthan) to Fatehpur (Uttar Pradesh). HVDC stands for High-Voltage Direct Current.
- Airtel: The company has partnered with Bajaj Finance to develop a digital platform for multiple financial services. In 2025, the company will gradually offer around 10 financial products (like gold loans, personal loans, co-branded Insta EMI Cards, etc.) of Bajaj Finance.
- Ciple: The US FDA found 1 observation during an inspection at a manufacturing facility in Kundaim, Goa. A company subsidiary, Medispray, owns the facility.
- Hyundai Motors: The company has reported that it has achieved up to 92% localization in manufacturing in India.
- ICICI Prudential: the company has reported an increase of 43% in net profit to Rs. 325 crore in the Third Quarter (Oct-Dec Quarter). Net premium income rose to 23.49% to Rs. 12,261 Crore.
- Indian Overseas Bank: the company has reported an increase of 20.89% year-on-year in net profit to Rs. 874 crore in the Third Quarter (Oct-Dec Quarter). Net interest income rose to 15.16% to Rs. 7,112 Crore.
- Vi - Vodafone Idea: the supreme court upheld an order from Bombay High Court in favour of the company, required the income tax department to refund more than Rs. 1,600 crore.
1-Day Change
Featured Question:
“How the value of redemption amount calculated in mutual fund in case
of partial withdrawal?”
In mutual funds, you have the option to withdraw partial amounts.
To understand how the value is
calculated, you need to think in terms of units.
Say, you invested Rs 10,000 in a mutual fund.
Let’s say, at this point, one unit of the mutual fund costs Rs 50.
By investing Rs 10,000, you get 200 units of the mutual fund.
So:
-You invested Rs 10,000
-Price of 1 unit Rs 50
-You got 200 units
After 2 years, the unit price increased to Rs 70.
Therefore:
-You have 200 units
-Current price of 1 unit is Rs 70
-So, your invested amount is now Rs 14,000
Let’s say at this point, you want to take out Rs 7,000.
How many units of the mutual fund do you need to sell to get Rs 7,000?
Amount divided by the current price of one unit = 7,000 / 70
= 100 units.
So, if you sell 100 units, you will get Rs 7,000.
In short:
-You had 200 units initially.
-You sold 100 units in between — you partially withdrew some amount
-100 units are still left invested in the same mutual fund.
(Note: price of unit of mutual fund is also called NAV).
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