Nifty 50 outlook remains weak and the markets will consolidate in a range with stock specific action on the back of Q3 result announcements, analysts said.

Motital Oswal Financial Services remains optimistic about India's growth story in the medium to long run. It remains biased towards large-caps with a 76% allocation. Add Shriram finance: To capitalize on its diversified AUM mix, enhanced cross-selling opportunities

Indian equity markets fell on Thursday, January 09. The BSE Sensex dropped as much as 0.77% to 77,542.92 level while the NSE compiled Nifty 50 slipped 0.78% to an intra-day low level of 23,503, testing one of the important support levels. The Nifty 50 closed the session 0.69% lower at 23,526.50. The Sensex dropped 0.68% to finish at 77,620.21.

For benchmark Nifty-50 index, 23650 will be the key level to watch. Below this level, the market could continue its weak formation till 23400-23375. Conversely, if it rises above 23650, it could bounce back to 23750-23800,

The Indian equity market continued its losses from the previous session on Thursday, with the Nifty closing below 23,550 due to broad-based selling, except in the FMCG sector. Despite mixed global cues,

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,583 level, a discount of nearly 63 points from the Nifty futures’ previous close.

This also comes at a time when the rupee hit an all-time low, though its drop was attributed to both volatile domestic equities and a strengthened US dollar

Indian stock market benchmarks Sensex and Nifty 50 fell 0.80% in intraday trade on January 9, marking the second consecutive session of decline due to weak global cues and rising US dollar and bond yields.

The Indian stock market began 2025 on a mixed note, with the benchmark indices Sensex and Nifty oscillating between gains and sharp losses during the first week. From a promising rally on January 2 to a dramatic plunge on January 6,