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TSX:6502 19 January 2026

Toyota stock in focus: Elliott calls Toyota Industries bid “undervalued” as a Feb. 12 deadline looms

Toyota stock in focus: Elliott calls Toyota Industries bid “undervalued” as a Feb. 12 deadline looms

Toyota Motor’s U.S. shares closed at $231.42, down 0.3% Friday, as Elliott urged investors to reject Toyota Group’s bid for Toyota Industries, calling it nearly 40% too low. The tender offer, raised last week to 18,800 yen per share, runs until February 12. Toyota acknowledged Elliott’s letter and said it is monitoring developments. U.S. markets were closed Monday for Martin Luther King Jr. Day.
19 January 2026

Stock Market Today

  • Indian Stock Market Faces Pressure on March 13 Amid Rising Crude Oil Prices
    March 12, 2026, 11:33 PM EDT. The Indian stock market benchmarks, Sensex and Nifty 50, are set for a weak opening on March 13 as rising crude oil prices linked to the US-Iran conflict weigh on investor sentiment. The Sensex fell 829.29 points to 76,034.42 and Nifty 50 closed below 23,700, signaling continued correction. Technical analysis indicates possible trading ranges with support for Nifty 50 around 23,500-23,400 and resistance near 23,850. Derivatives data shows put and call writing suggesting limited range movement ahead. Analysts advise caution with volatile and non-directional market conditions persisting. A clear breakout above resistance levels is needed to confirm a trend reversal
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