Despite TCS registering stronger-than-expected results, both the NIFTY and the SENSEX have fallen nearly 2.5% so far in January. On Tuesday, the indices posted marginally recovery after falling to 7-month lows in the previous session. Investors would now be keeping a close eye on the upcoming results announcements.

The global study surveyed over 1,300 respondents, including manufacturers, infrastructure players, and consumers.

RBI says all regulated entities (REs) offering EMI-based personal loans must provide borrowers the flexibility to switch from floating rates to fixed rates and vice versa. This applies to home loan borrowers as well, since the RBI's definition of EMI-based personal loans includes loans taken for the creation or enhancement of immovable assets.

The 45 days of Mahakumbh Mela 2025 are expected to witness spending to the tune of ₹2.5 lakh crore. It is a religious gathering that will witness more tourists than the combined population of the US and Canada. Market experts suggest that the event can boost India’s GDP by as much as 1%, with major benefits for travel, hospitality, infrastructure, and many other sectors.

The NIFTY50 index formed an inverted hammer candlestick pattern on the daily chart as it declined to the critical support zone of 23,000. The inverted hammer is a potential reversal pattern that typically appears after a downtrend, signalling a possible shift in momentum. However, confirmation of this pattern occurs only if the subsequent candle closes above the high of the inverted hammer.