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PRE MARKET
Gift Nifty indicates a flat to negative start for the broader index in India, with a loss of 18 points or 0.07 percent. The Nifty futures were trading around the 25,798 level.
The S&P 500 rallied to a record high close on Friday, lifted by Broadcom and other chipmakers. At the same time, a weaker-than-expected jobs report did little to alter expectations of interest rate cuts from the Federal Reserve this year.
The S&P 500 climbed 0.65% to end the session at 6,966.28 points. The Nasdaq gained 0.82% to 23,671.35 points, while the Dow Jones Industrial Average rose 0.48% to 49,504.07 points.
Asian equities opened higher after US jobs data helped push stocks to new highs on Friday. Oil climbed as protests in Iran intensified.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted index went up 1.58, 0.19, and 0.88 percent, respectively.
STOCKS TODAY
Lloyds Engineering Works
The company has entered into a Purchase Agreement with The Materials Works, USA. Under the agreement, the company will be entitled to manufacture and sell unlimited EPS Gen 4 cells using the patented technology, subject to the payment of an agreed earnout to TMW for a specified period.
Spandana Sphoorty Financial
The Board is evaluating the prospects of merging its subsidiary, Criss Financial, into the company. After due consideration, the Board has granted in-principle approval for the proposed merger and for the constitution of a Merger Steering Committee to evaluate and finalise the terms of the proposed merger.
Akzo Nobel India
The Board has appointed Parth Jindal, Managing Director of JSW Paints and JSW Cements, as Chairman of the company, effective January 9. The Board has also re-designated Rajiv Rajgopal as Joint Managing Director and Chief Executive Officer, from his current role as Chairman and Managing Director.
ICICI Lombard General Insurance Company
A designated person of ICICI Lombard inadvertently uploaded certain information about the company’s unaudited draft financial results for the quarter and nine months ended December 2025 on their personal WhatsApp status on January 9. Upon becoming aware of the incident within an hour, the designated person deleted the status. The company has initiated an internal inquiry in accordance with SEBI Regulations and its Insider Trading Code. Following the inquiry, the company will share the outcome with the stock exchanges.
Websol Energy System
The Andhra Pradesh Government has approved the company’s proposed greenfield 4 GW solar cell and solar module project at MPSEZ, Naidupeta, Andhra Pradesh. As part of the manufacturing facility, Websol plans to develop a 100 MW captive solar power plant. The captive plant will support reliable access to renewable energy for the facility and lead to operating cost efficiencies.
Source – Moneycontrol