New Delhi, January 7: As Indian markets tumbled on January 6, with both the Sensex and Nifty 50 falling over 1.5% due to fears of a new virus outbreak in China, people are eager to know which stocks are likely to remain in focus on January 7, 2025. Key stocks to buy on January 7 include ICICI Prudential (NSE: ICICIPruli), Bajaj Finserv (NSE: BajajFinsv), and Caplin Point (NSE: CapliPoint), according to experts. Analysts expect these shares to remain in focus as investors reassess market conditions following the sharp sell-off.

Meanwhile, the Nifty 50 slipped 1.6% on Monday, closing below the critical 24,000 mark at 23,616 points, while the Sensex dropped 1.59% to 77,964 points, reported CNBCTV18. Market participants are advised to exercise caution while identifying stocks to buy or sell on January 7 amid heightened global uncertainties impacting sentiment. BR Goyal Infrastructure Limited IPO: Construction Company Proposes To Open Its Initial Public Offering on January 07.

Here are key stocks to watch according to experts as markets reopen on January 7: ONGC Share Price Today, January 6: Check Oil & Natural Gas Corporation Limited Stock Prices on NSE and BSE.

  • ICICI Prudential Life Insurance (NSE: ICICIPruli) : Closed at INR 660.15, down 2.00%. The private insurer received a GST order upholding a tax demand for FY2019–FY2021, which the company is appealing.

  • Bajaj Finserv (NSE: BajajFinsv) : Ended at INR 1,689.00, down 0.71%. Bajaj Allianz Life Insurance reported robust premium growth for December 2024, with total premiums reaching INR 4,688.72 crore YTD.

  • Caplin Point Laboratories (NSE: CapliPoint) : Dropped 0.69% to INR 2,520.00. The company received an EIR from the US FDA for its Tamil Nadu facility, with zero observations during the inspection.

  • Manappuram Finance (NSE: Manappuram) : Fell sharply by 4.49% to INR 179.30 following a daylight robbery at its Odisha branch, resulting in a loss of INR 20 crore.

  • Ashoka Buildcon (NSE: Ashoka): Slumped 8.87% to INR 278.30. Its subsidiary signed an agreement with NHAI for a INR 1,391 crore road project in West Bengal.

  • NESCO Ltd (NSE: NESCO): Declined 1.06% to INR 985.00. NESCO secured a tender for wayside amenities along the Bengaluru-Chennai Expressway.

These developments could drive investor sentiment in today’s trading session.

Disclaimer: The views and recommendations above are those of experts, not of LatestLY. We advise investors to check with certified experts before making any investment decision.

(The above story first appeared on LatestLY on Jan 07, 2025 08:00 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).