Let us quickly know-how will be this day and plan for the next day. Know the latest financial update for 24 Jan 2022 and let us predict Jan 25, 2022.
Table of Contents
Stock Market Financial update for 24, Jan 2022
Indian Market Trend for 24th Jan 2022
The market was extremely bearish today with SENSEX at 57491 while NIFTY remains below 17149.
SENSEX –Down by 1546 points, 2.62% decrease
NIFTY – Down by 468 points, 2.66 % decrease
Sectoral Indices Trend for 24, Jan 2022
Today NIFTY REALTY – The real estate was dragged to the greatest extent down by 5.95%. followed by NIFTY METAL, and NIFTY MEDIA.
Top Gainers for today
There were only 2 companies with very meager gains today, the rest all were in deep red owning to the Market crash.
Top Gainers
| Symbol | Company Name | Open | High | Low | Prev. Close | LTP | % Change |
| CIPLA | Cipla Limited | 871.5 | 895 | 867.45 | 867.45 | 892.3 | 2.86 |
| ONGC | Oil & Natural Gas Corporation Limited | 165.2 | 168.3 | 163.75 | 163.65 | 165 | 0.82 |
Top Losers for today
| Symbol | Company Name | Open | High | Low | Prev. Close | LTP | % Change |
| JSWSTEEL | JSW Steel Limited | 656.5 | 657 | 618 | 666.25 | 620.15 | -6.92 |
| BAJFINANCE | Bajaj Finance Limited | 7350 | 7350 | 6817.7 | 7373.75 | 6904.75 | -6.36 |
| TATASTEEL | Tata Steel Limited | 1160 | 1163.65 | 1090 | 1169.7 | 1100.5 | -5.92 |
| GRASIM | Grasim Industries Limited | 1791.8 | 1791.8 | 1684 | 1792.1 | 1688 | -5.81 |
| HINDALCO | Hindalco Industries Limited | 498.95 | 500.5 | 475.5 | 506.7 | 477.5 | -5.76 |
| TECHM | Tech Mahindra Limited | 1588 | 1588 | 1501.95 | 1593.55 | 1505.3 | -5.54 |
| WIPRO | Wipro Limited | 605.5 | 605.5 | 568.45 | 605.05 | 572 | -5.46 |
| TITAN | Titan Company Limited | 2520 | 2522.55 | 2376 | 2528.15 | 2403 | -4.95 |
| TATACONSUM | TATA CONSUMER PRODUCTS LIMITED | 725 | 725 | 688.5 | 726.55 | 691.55 | -4.82 |
| TATAMOTORS | Tata Motors Limited | 499.7 | 504.3 | 473.35 | 501.85 | 477.65 | -4.82 |
Cryptocurrency Financial update 24, Jan 2022
Cardano was up by 7.61% ($1.47). Rest all cryptos increased slightly today. The crypto market is suffering from the huge crash, however has seen a ray of hope today. Bitcoin is currently trading at $35,393.
Top Financial news update for 24, Jan 2022
- Swiggy raises $700M and is now bigger than Zomato valued at $10Billion
- Tata group will take over Air India by the end of this week. Air India has been sold to the Tata group for Rs 18,000 crore. The government took this decision keeping in mind the losses and the restructuring required.
Stocks to trade Financial update for 25, Jan 2022
Let us give you some quick stock trades for tomorrow as recommended by various stock broking companies or financial advisors basis their analysis.
- Cinevista
- Nitiraj Engineers
Finance Concept for Today:
What does Monetization mean?
The word monetization means earning income or revenue from a valuable asset. It is the most commonly used financial term incorporated and financial service industries. The world revolves around making money. The process of creating money be it in cash form is called the monetization process.
Example – You own a car. Since it’s pandemic and it’s no longer safe to travel anywhere, your car is standing still without usage. Now if you want you can monetize your stranded car by giving it to a company that deals in-home delivery business. In this way, your car will fetch your money. The whole process of making money from your stranded car will be called monetization. In other words, you get money for renting your car to someone while someone else is able to earn revenue by utilizing the car lent out to him. It is a win-win situation for both.
Another example is monetizing your skill sets to earn money. When a company hires you for your education, skill sets, and the value you will bring to the company. Then you are monetizing your skill sets. In this case, your skills, are helping you to earn money by lending it to a company.
Financial tip for today
Be greedy when others are fearful, and be fearful when others are greedy. The market crash is a significant hint to buy quality stocks if they have dipped making new lows. Grab quality stocks at the highest dip possible to multiply your money later.