Stock Market Close Highlights: Sensex adds 115pts, Nifty ends atop 23,200; UltraTech Cement zooms 7%

Stock Market Highlights, Jan 23: The mid-, small-cap indices outperformed, with strong gains in mid-cap IT stocks; Auto, healthcare and consumer durables were the other notable movers on Thursday.

3:54 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Uncertainty lingers whether the trade tariff measures will affect global trade, instigate higher inflation, and currencies volatility. The trend holds a declining momentum YTD with a pause today contemplating the upcoming 2025 budget, which has a muted expectation.  Meanwhile in-line Q3 results showcasing QoQ growth to the indices suggesting that Q4 will be much better.

View by Vinod Nair, Head of Research, Geojit Financial Services.

3:49 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: Nifty witnessed a stable day of trade today. It opened marginally in the negative, however recovered and managed to close in the green up 50 points. On the daily charts we can observe that the Nifty is trading in the range of 23,420 – 23,000 since the last three sessions. Bollinger bands are contracting indicating rangebound price action going ahead. A breach of the range on either side shall set the trend in that direction. Daily and hourly momentum indicators have a positive crossover which is a buy signal, however, prices are not showing corresponding strength. Thus, a decisive range breakout is required for a move to develop until then the rangebound price action is likely to continue.

View by Jatin Gedia – Technical Research Analyst at Mirae Asset Sharekhan.

3:42 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices end in green. 

 

3:41 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and loser at close

Stock Market LIVE Updates: UltraTech Cement, M&M, Wipro were among the top gainers on Sensex.

3:39 PM

Stock Market LIVE Updates: Here's a look at Nifty gainers and loser at close

Stock Market LIVE Updates: UltraTech Cement, Grasim, Wipro were among the top gainers on Nifty50 at close. 

3:35 PM

Stock Market LIVE Updates: Nifty closes 50 pts higher at 23,205.35

Stock Market LIVE Updates: NSE Nifty finished the session with 50 points or 0.22 per cent gains at 23,205.35.

 

3:34 PM

Stock Market LIVE Updates: Sensex closes 115.39 pts higher at 76,520.38

Stock Market LIVE Updates: BSE Sensex ended 115.39 points or 0.15 per cent higher at 76,520.38. 

 

3:26 PM

Stock Market LIVE Updates: JLR owner says profits hurt by China's economic slowdown, local competition

Stock Market LIVE Updates: Jaguar Land Rover’s Indian owner said profitability is being hurt by economic challenges in China, a market where weak demand and consumer preference for electric vehicles are hurting sales of traditional top-end cars.

“The environment in China continues to experience macro headwinds with a decrease in overall profitability, increase in retailer insolvency and contraction of bank credit,” P B Balaji, group chief finance officer at Tata Motors Ltd., said at the recently concluded Bharat Mobility Global Expo 2025 in New Delhi. Read more

3:17 PM

Stock Market LIVE Updates: UltraTech Cement rallies 6% post Q3 results; Ramco, JK Lakshmi surge 5%

Stock Market LIVE Updates: Shares of cement companies were in demand with the sector giant UltraTech Cement up 6 per cent at Rs 11,338 on the BSE in Thursday’s intra-day trade after India's biggest cement maker by capacity said its domestic sales volume grew 10 per cent year-on-year (YoY) for the third quarter ended December 2024 (Q3FY25). Read more 

3:08 PM

Stock Market LIVE Updates: 3 PM Market Update

Stock Market LIVE Updates: Sensex rises over 130 points, near 76,550 and NSE Nifty50 gains over 60 points, above 23,200. Broader markets trade positive with BSE Midcap up 1.75 per cent and Smallcap up 0.67 per cent. 

UltraTech Cement, Zomato, M&M were among the top gainers on Sensex, while, Kotak Mahindra Bank, Reliance Industries, Axis Bank were among the top laggards. On Nifty50, UltraTech, Grasim, Wipro were among the top gainers, while BPCL, HCLTech, RIL were among the top laggards. 

2:53 PM

Stock Market LIVE Updates: Coforge Q3 results: Adjusted PAT rises 10.3% to Rs 268 cr, revenue up 8.4%

Stock Market LIVE Updates: Coforge has posted a 10 per cent growth in adjusted net profit for the December quarter to Rs 268 crore, as its CEO exuded confidence that the coming year will continue to see robust and sustained growth for the IT solutions company. The profit attributable to the owners of Coforge, however, dipped to Rs 215.5 crore from Rs 238 crore in the year-ago period. The company officials attributed this to the minority interest factor with regard to its current 54 per cent holding in Cigniti Technologies, which is set to merge with Coforge with effect from April 1, 2025. READ MORE

2:44 PM

Stock Market LIVE Updates: UltraTech Cement Q3 result: Profit down 17% at Rs 1,470 cr, revenue up 3%

Stock Market LIVE Updates: India's biggest cement maker by capacity, Ultratech Cement on Thursday reported 17.3 per cent drop in consolidated net profit for the third quarter (Q3) of the financial year 2024-25 (FY25) at Rs 1,469.5 crore. Sequentially, however this was a huge turnaround for the cement firm, up 79.2 per cent from Rs 820.04 crore reported at the end of Q2FY25. READ MORE

 

2:25 PM

Stock Market LIVE Updates: Senores Pharmaceuticals races 17% on robust Q3; profit more than doubles

Stock Market LIVE Updates: Pharmaceutical company Senores Pharmaceuticals share price skyrocketed as much as 17.36 per cent to hit an intraday high of Rs 543.05 per share. However, at 2:15 PM, Senores Pharmaceuticals share was trading 7.63 per cent higher at Rs 584.35 per share. In comparison, BSE Sensex was trading 0.29 per cent higher at 76,623 levels. The rise in Senores Pharmaceuticals share came after the company’s strong show in the December quarter (Q3FY25) results. READ MORE

2:14 PM

Stock Market LIVE Updates: Budget must give tax cuts for individuals to boost consumption: Barclays

Stock Market LIVE Updates: The government in FY26 Budget should announce an "effective" personal income tax cut to support consumption and demand, Barclays said on Thursday. In its FY25-26 Union Budget preview, Barclays said the key ask from the Budget, to be presented on February 1, is to support growth while adhering to fiscal consolidation path. READ MORE

2:10 PM

Stock Market LIVE Updates: Paras Defence inks pact for Rs 12,000 cr optics park in Maharashtra by 2035

Stock Market LIVE Updates: Paras Defence on Thursday said it is planning to invest Rs 12,000 crore to set up the country's first optics park in Maharashtra and signed an initial pact with the state government at the ongoing World Economic Forum in Davos. READ MORE

 

1:46 PM

Stock Market LIVE Updates: BPCL sees March Russian oil intake down 20% as it awaits traders' offers

Stock Market LIVE Updates: India's state-run refiner Bharat Petroleum Corp sees its Russian oil processing down to 20 per cent in March from 31 per cent this month as it awaits offers from traders, its head of finance Vetsa Ramakrishna Gupta told an analyst call on Thursday. READ MORE

 

1:30 PM

Stock Market LIVE Updates: 'Fake' home loan accounts: CBI closes case against DHFL, its directors

Stock Market LIVE Updates: The CBI has closed the case against the DHFL and its directors pertaining to 260,000 allegedly fictitious home loan accounts, some of which were used to claim interest subsidies under the Pradhan Mantri Awas Yojna, officials said. After over three years of probe, the agency could not find evidence suggesting a criminal conspiracy which could have led to the creation of such accounts, they said. READ MORE

1:13 PM

Stock Market LIVE Updates: Mahindra Lifespace in focus

Stock Market LIVE Updates: Mahindra Lifespace acquires 8.2 acre land parcel with a gross development value (GDV) of about Rs 1,000 crore.


Source: BSE

1:11 PM

Stock Market LIVE Updates: Wipro, UltraTech Cement among top gainers on NSE

Stock Market LIVE Updates: Wipro, UltraTech Cement among top gainers on NSE

1:09 PM

Stock Market LIVE Updates: Index heatmap

Stock Market LIVE Updates: UltraTech Cement, Tech Mahindra among top gainers on BSE.

12:53 PM

Stock Market LIVE Updates: Nuvama-Cushman & Wakefield JV raises Rs 1,700 crore for office assets

Stock Market LIVE Updates: Nuvama and Cushman & Wakefield Management Pvt Ltd (NCW) has raised Rs 1,700 crore under its new real estate fund for making investments in office assets across major cities in India.

The NCW is a Joint Venture (JV) between wealth management firm Nuvama Asset Management and global real estate consultant Cushman & Wakefield. Read more 

12:52 PM

Stock Market LIVE Updates: India's digital economy set to overtake agriculture, mfg by 2030: MeitY

Stock Market LIVE Updates: India’s digital economy is poised to grow nearly twice as fast as the overall economy, contributing nearly one-fifth of the country’s national income by 2029-2030, according to a report by the Ministry of Electronics and Information Technology (MeitY). Read more 

12:42 PM

Stock Market LIVE Updates: Jupiter Wagons share rises 3% on fundraising plans; check details here

Stock Market LIVE Updates:  Railway company Jupiter Wagons share price rose as much as 2.61 per cent to hit an intraday high of Rs 485.75 per share on Thursday, January 23, 2025.

 

Jupiter Wagons' share price rose after the company announced that its Board of Directors will meet on January 29, 2025, to consider and approve raising funds. Read more 

12:37 PM

Stock Market LIVE Updates: Jagsonpal Pharma shares jump 10% after stellar Q3 results; know more

Stock Market LIVE Updates: Gurugram-based Jagsonpal Pharmaceuticals share price gained 10.3 per cent at Rs 252 a piece on the BSE in Thursday’s intraday trade. This came after Jagsonpal Pharma reported strong financial performance for the quarter and nine months ended December 31, 2024. Read more 

12:31 PM

Stock Market LIVE Updates: Mazagon Dock Shipbuilders rises 6% on rumour clarification; Check details

Stock Market LIVE Updates: Mazagon Dock Shipbuilders shares gained 5.8 per cent on Thursday, logging an intraday high at Rs 2,423.4 per cent. The northward movement in the stock came after the company clarified that it is in preliminary talks with Jawaharlal Nehru Port Authority (JNPA) with regard to the Solar Cell Powered Boat built by Mazagon Dock Shipbuilders. Read more

12:25 PM

Stock Market LIVE Updates: Nifty Realty stocks trade below 200-DMAs; index down 18% in Jan; what next?

Stock Market LIVE Updates: A 21-month bull-run in the realty stocks is under threat with the Nifty Realty index tumbling up to 18 per cent since the start of the year 2025. If the present loss persists or extends by the end of the month, this will be the Realty index biggest monthly loss since March 2020, Covid-19 related sell-off. Read more 

12:16 PM

Stock Market LIVE Updates: Aeroflex stock zooms 43% in 8 days, outperforms market on strong Q3 results

Stock Market LIVE Updates: Shares of Aeroflex Industries rallied 8 per cent to Rs 252.35 on the BSE in Thursday’s intraday trade, on healthy business outlook. In the past eight days, the stock price of iron & steel products manufacturer has zoomed 43 per cent after the company reported a strong set of numbers for the quarter ended December 2024 (Q3FY25). It had hit a record high of Rs 256.75 on January 17, 2025. Read more 

12:08 PM

Stock Market LIVE Updates: Piramal Pharma surges 4% after launching drug for psychiatric disorders

Stock Market LIVE Updates: Piramal Pharma share price gained 3.87 per cent at Rs 252.05 a piece on the BSE in Thursday’s intraday trade. This came after Piramal Pharma’s division Piramal Critical Care (PCC) announced the US launch of Chlorpromazine Hydrochloride Injection which will be offered in 25mg/1mL and 50mg/2 mL vials. Read more 

12:02 PM

Stock Market LIVE Updates: Waaree Energies up on starting commercial production of Solar Module line

Stock Market LIVE Updates: Battery manufacturing company Waaree Energies shares rose as much as 1.66 per cent to hit an intraday high of Rs 2,463.15 per share. 

 

However, at 11:25 AM, the shares pared the gains and were trading 1.04 per cent lower at Rs 2,397.55 per share, In comparison, BSE Sensex was trading 0.18 per cent higher at 76,544 levels. Read more 

11:54 AM

Stock Market LIVE Updates: KEI Ind shares gain 11% in two days of declaring Q3 results & dividend

Stock Market LIVE Updates: KEI Industries shares jumped 9.4 per cent on Thursday, logging an intraday high at Rs 4,516.65 per share. The stock gained over 11 per cent in two days after the company posted decent Q3FY25 results and the board approved an interim dividend. Read more