News for Radico Khaitan Limited (RADICO.BO)

Indian markets extended their losing streak, with Sensex falling 424.90 points and Nifty dropping 117.25 points. Weak global cues, U.S. tariffs, and FII outflows impacted sentiment. U.S. markets tumbled, while European stocks hit record highs. Nifty showed bearish patterns, with key support at 22,500. Heavy trading seen in Godrej Industries, Vodafone Idea, and Mahindra & Mahindra.

Indian markets closed lower as banking stocks and Maruti Suzuki declined amid US tariff concerns. Rajesh Exports, Netweb Technologies, and Radico Khaitan surged, while Gujarat Toolroom and financial stocks saw declines.

DMart founder Radhakishan Damani has seen value of his holdings shrink by ₹64,000 crore, or 28%, since October 1, falling from ₹2.31 lakh crore to ₹1.67 lakh crore, according to primeinfobase.com data.

Indian markets closed flat post-Budget, reacting to modest capex growth and tax cuts. Nifty has support at 23,280, with resistance at 23,700–24,000. US markets fell on tariff concerns, while European stocks hit record highs. Kalyan Jewellers and RVNL led turnover. Sentiment remained neutral, with mixed stock movements across sectors.

Stocks including Bajaj Auto, Tata Motors, Suzlon Energy, BHEL, JSW Infra, GMR Airports, ITD Cementation and more will be in the spotlight on Wednesday, January 29.

Buzzing stocks, stocks to watch: Religare, ITD Cementation, MobiKwik, KFin Tech, ITC Hotels, Autoline Industries, OneSource, Lloyds Enterprises, HG Infra, Grasim

Indian markets closed lower on Wednesday, dragged by banks and ahead of the US Fed rate decision. The market is cautious about potential policy changes in the US and India's high valuation. The rupee's weakness and a widening trade deficit are also concerns.

Indian benchmark indices continued their losing streak for the third day in a row led by banks, though pharma and IT stocks tried to restore some pride. The 30-stock S&P BSE Sensex finished at 80,182.20, declining by 502.25 points or 0.62% while the Nifty50 settled at 24,198.85, falling by 137.15 points or 0.56%.Commenting on the day's action, Rupak De, Senior Technical Analyst, LKP Securities said that the ongoing sentiments appear weak and could worsen if Nifty sustains below 24,200.

Indian markets ended in the red due to weak corporate earnings and foreign outflows. Nifty faces consolidation, with bullish momentum in some stocks like Indian Hotels and Page Industries.

Nithin and Nikhil Kamath broke barriers to build Zerodha at a blistering pace amid India's rising stock markets. New rules to curb speculation now pose speed limits.

The roads are jammed and shops are chock-a-block as people make beelines for malls and markets to grab just the perfect gift.

The Nifty formed a long bearish candle, indicating ongoing pressure. A minor pullback or sideways consolidation may occur in the next one to two days. Support is at 24,100 and 24,000, while immediate resistance is at 24,450–500, with crucial resistance at 24,700–750. Open interest data shows the highest call OI at 24,400 and 24,300, with put OI at 24,200.

The Nifty Bank index was trading 1.66 per cent down at 50674.5.

The Nifty IT index was trading 0.2 per cent down at 42056.7.

IndusInd Bank, Shriram Finance, M&M, BEL and Adani Ent. were among the top losers on NSE.

The Nifty Realty index was trading 2.39 per cent down at 962.25.

ABM International, Tirupati Forge, Radico Khaitan, Blue Chip India and Max Financial, hit their fresh 52-week highs at 10:08AM.

Indian benchmark equity indices declined for the fourth straight session, dragged by Hindustan Unilever's missed profit estimates and foreign fund outflows. Analysts note that the Nifty has declined over four sessions and appears oversold, suggesting a potential pullback to 24,550–24,600.

A long bullish candle appeared on the Nifty daily chart, signaling a decisive breakout above the 26,000 level after a period of consolidation. The daily chart shows positive patterns, including higher highs and lows, indicating strong upward momentum with minimal downward corrections.