Wed Jan 01 02:50:00 UTC 2025: ## Indian Stock Market Opens for 2025 Amidst Global Holiday

**Mumbai, January 1, 2025** – While much of the world celebrates the New Year, the Indian stock market is open for trading, offering a unique opportunity for investors. Although GIFT Nifty is signaling a potential downturn, analysts predict a positive start to the year for the domestic market. Several individual stocks are expected to see significant activity due to corporate actions.

Yesterday’s closing saw the Sensex dip 0.14% to 78,139.01 and the Nifty fall slightly to 23,644.80. Today’s market will be closely watching several key developments:

* **SJVN:** Signed an MoU with the Bihar government for the development of the 1,000 MW Hathidah Durgawati Pump Storage Project and other PSPs.
* **Sun Pharma:** Completed a deal with Jaja Industrial Holdings KK of Japan to sell its 100% stake in Sun Pharma Japan Technical Operations.
* **ITC Hotels Demerger:** The demerger of ITC’s hotel business into ITC Hotels Ltd (ITCHL) is effective today, transferring shares of eight subsidiaries into ITCHL.
* **Kalpataru Projects International:** Received new orders worth ₹1011 crore, boosting its order inflow to ₹17300 crore in a year.
* **Piramal Enterprises:** Invested ₹1,000 crore in its subsidiary, Piramal Capital and Housing Finance, through a rights issue.
* **Utkarsh Small Finance Bank:** Sold a portfolio of NPAs and unsecured microfinance loans to an asset reconstruction company (ARC) for ₹52 crore.
* **LT Foods:** Completed acquisition of 17.5% stake in Nature Bio-Foods for ₹110 crore, making it a wholly-owned subsidiary.
* **Newgen Software Tech:** Secured projects worth $16.4 million and ₹20.9 crore, along with significant contracts for its subsidiaries.
* **Indostar Capital Finance:** Selling its commercial vehicle loan book to Assets Care & Reconstruction Enterprise.
* **TVS Holdings:** Sold its entire stake in TVS Emerald to VEES Trading for ₹485.85 crore.
* **Hajur Multi Projects:** Announced new appointments for CFO and Chairman, alongside resignations of key executives.
* **Persistent Systems:** Executive Director Sunil Sapre resigned, effective December 31.
* **Captain Pipes:** Approved raising ₹20.6 crore by issuing preferential shares.
* **Vishnu Prakash R Punglia:** Secured a ₹7.3 crore contract for FOB steel girder fabrication.
* **Kirloskar:** Facing a SEBI advisory regarding disclosure of a 2009 family settlement, and is considering challenging the advisory.
* **Easy Trip Planners:** Promoter Nishant Pitti offloaded a significant stake, while Arunben Sanjaykumar Bhatia acquired a smaller stake.
* **AGS Transact Technologies:** Neomaile Growth Fund bought a stake, while promoter Vineha Enterprises sold a similar amount.
* **Unimech Aerospace and Manufacturing:** VQ Fastercap Fund acquired a stake.
* **Gujarat Toolroom:** Bridge India Fund sold a stake.
* **Surya Roshni:** Today is the ex-bonus date.

Investors are advised to monitor these developments closely as they unfold throughout the trading day. The market’s performance will be a key indicator of investor sentiment in the new year.

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