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[ad_1] Indications from GIFT Nifty trends suggest a pessimistic opening for the overall index in India, reflecting a decline of 43.50 points or 0.20 percent. Nifty futures are currently hovering around the 21,406 level in trading. On January 17, the Indian market experienced its most significant single-day decline in 18 months, driven by HDFC Bank’s disappointing performance in Q3. This led to a downturn in the banking sector, causing turbulence in the equity benchmarks, exacerbated by unfavorable global cues. Here’s a slew of stocks that will be in focus today on January 18; HDFC Bank: On January 18, attention will be on equity shares, particularly as HDFC Bank’s American Depository Receipt (ADR) closed significantly lower, dropping by 9 percent to $55.59 on the NYSE on January 17. This decline followed a generally negative assessment by most analysts regarding the private sector lender’s lackluster financial results for the quarter ending December FY24. In its report on Tuesday...

[ad_1] Stocks To Watch Today: Investors found optimism in the US Federal Reserve’s accommodative outlook for 2024, featuring anticipated rate cuts commencing in the upcoming year. As trading concluded on Thursday, the Sensex recorded a gain of 929.60 points or 1.34 percent, reaching 70,514.20, while the Nifty rose by 256.40 points or 1.23 percent to reach 21,182.70. Stocks To Watch Today On December 15 PVR INOX:  According to sources, Plenty Private Group and Multiples Private Group are considering the sale of a 2.33 percent stake in the multiplex chain. The quoted offer price is anticipated to fall within the range of Rs 1,750 to Rs 1,769.5 per share, with the potential offer size reaching Rs 404.5 crore, as reported by CNBC-TV18. State Bank of India: The largest public sector lender in the country has finalised transaction documents to acquire a 6.35 percent stake, equivalent to 3,70,644 shares, in Canpac Trends. This company specializes in providing paper-based packaging solut...