Stock Market Close Highlights: Sensex sheds 313pts, Nifty ends at 23,696; Smallcap shares outperform

Stock Market Highlights on February 5, 2025: Broader markets outperformed the benchmarks, with small-cap shares leading the charge, as the Nifty Smallcap100 index ended higher by 1.85 per cent

3:41 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The domestic market traded within a narrow range in negative terrain. Investors are weighing the improved domestic outlook, buoyed by a favourable budget, against lingering global uncertainties stemming from the tariff war.

While declining US bond yields and lower crude oil prices have supported market sentiment, the rupee's depreciation could offset these gains. Rate-sensitive sectors are attracting attention ahead of a potential Reserve Bank of india (RBI) rate cut. Meanwhile, large-cap stocks are well-positioned, benefiting from moderation in valuations.

View by Vinod Nair, head of research, Geojit Financial Services.

 

3:39 PM

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

Stock Market LIVE Updates: Hindalco, ITC Hotels, ONGC were among the top winners on Nifty 50.

 

3:38 PM

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

Stock Market LIVE Updates: ITC Hotels, IndusInd Bank, Adani Ports were among the top gainers on Sensex. 

 

3:35 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: BSE Midcap and Smallcap ended higher. 

 

3:35 PM

Stock Market LIVE Updates: Nifty closes 42.95 pts lower at 23,696.30

Stock Market LIVE Updates: NSE Nifty settled 42.95 points or 0.18 per cent lower at 23,696.30. 

3:32 PM

Stock Market LIVE Updates: Sensex closes 312.53 pts lower at 78,271.28

Stock Market LIVE Updates: Sensex closes 312.53 points or 0.40 per cent lower at 78,271.28.

 

3:29 PM

Stock Market LIVE Updates: Datamatics pops 9% on automatic fare collection deal for Pune Metro Line 3

Stock Market LIVE Updates: Information technology Datamatics share price rallied up to 9.01 per cent to hit an intraday high of Rs 679.75 per share on Wednesday, February 5, 2025. 

 

The uptick in Datamatics share price came after the company announced that it has been issued the Notification of Award (NoA) for design, supply, installation, testing, commissioning and integration of Automatic Fare Collection (AFC) system for 23 stations of Pune Metro Line 3 in Maharashtra, India. Read more 

3:23 PM

Stock Market LIVE Updates: What drove JSW Energy share price 7% higher on Feb 5?

Stock Market LIVE Updates: Power company JSW Energy share price soared as much as 6.70 per cent to hit an intraday high of Rs 501.30 per share on Wednesday, February 5, 2025. 

 

The surge in JSW Energy share price came after the company announced that it has received letter of award (LoA) from West Bengal State Electricity Distribution Company Limited (WBSEDCL) for development and operation of 1,600 MW greenfield (2 x 800 MW) super / ultra super critical domestic coal based thermal power plant (TPP).  Read more 

3:15 PM

Stock Market LIVE Updates: Lupin surges 8% in 2 days on USFDA nod for generic HIC drug

Stock Market LIVE Updates: Lupin share price gained 4 per cent to trade at Rs 2,201.65 per share on the BSE in Wednesday’s intraday trade, in an otherwise subdued market. In the past two days, Lupin stock has surged 8 per cent after the pharmaceutical company received tentative approval from the US Food and Drug Administration (USFDA) to market generic HIV combination therapy (HIC) drugs.

The drugs include Darunavir, Cobicistat, Emtricitabine, and Tenofovir Alafenamide tablets, 800 mg/150 mg/200 mg/10 mg. Read more 

3:09 PM

Stock Market LIVE Updates: Nifty breaks 23,700

Stock Market LIVE Updates: Nifty50 index broke the 23.700-mark intraday today

3:08 PM

Stock Market LIVE Updates: At 3 PM, Sensex is trading near day's low level

Stock Market LIVE Updates: The BSE Sensex is quoting at 78,254, down 329 points or 0.41 per cent. 

3:01 PM

Stock Market LIVE Updates: RBI MPC policy preview

Stock Market LIVE Updates: This week's monetary policy meeting will take place against the backdrop of a marked slowdown in India's growth momentum, moderating food inflation, tighter liquidity conditions, and volatility in financial markets. The First Advance Estimate (FAE) projects GDP growth to slow to 6.4% in FY25 compared to 8.2% growth recorded in FY24. Investment growth has been decelerating, and high-frequency indicators suggest a moderation in urban consumption demand.

Corporate performance has been lacklustre, with profitability contracting in the H1 FY25 and early Q3 FY25 results showing a mixed outlook. Furthermore, the global environment remains vulnerable due to ongoing geopolitical tensions. However, on the positive side, domestic inflationary pressures have moderated.

 

Amidst these macroeconomic conditions, the MPC's focus is expected to shift from concerns over high inflation to supporting economic growth. Therefore, we anticipate that the MPC will reduce the policy rate by 25 bps in the upcoming meeting while retaining a neutral stance. Markets will be closely monitoring the statement of the newly appointed governor of the RBI, and we expect the policy statement to have a dovish undertone even while remaining cautious on the global front. We anticipate that the RBI could revise its growth projections of 6.6% for FY25 marginally downwards to bring it in line with the FAE. Inflation projection is be revised up from 4.5% to 4.8%.

 

Views by: CareEdge Ratings

2:58 PM

Stock Market LIVE Updates: Will SBI Q3 profit rise or fall? Provisions hold key, say analysts

SBI Q3 preview: The largest government-owned bank, State Bank of India (SBI), is expected to report a strong set of results for the October-December quarter (Q3) of the current financial year 2024-25 (FY25). According to analysts, the public sector bank (PSB) is estimated to report a double digit net profit growth on the back of healthy loan book expansion and stable asset quality. READ MORE

2:52 PM

Stock Market LIVE Updates: Thangamayil Jewellery reports Q3 results; shares surge

Stock Market LIVE Updates: Thangamayil reports Q3 results where it posted net profit of Rs 48.2 crore, up 72 per cent from Rs 28-crore profit Y-o-Y. Thangamayil's Q3 revenue is up 26% Y-o-Y to Rs 1,132.4 crore, while Ebitda rose 63% Y-o-Y to Rs 83.2 crore. Thangamayil Jewellery's Q3 Ebitda margin expanded to 7.3% vs 5.7% Y-o-Y.

2:48 PM

Stock Market LIVE Updates: Symphony share price falls 11% as Q3 result disappoints investors

Stock Market LIVE Updates: Along with the results, Symphony's board has also declared the third interim dividend of Rs 2 (100 per cent) per equity share with a face value of Rs 2 each for the financial year 2024-25. The said interim dividend, the company stated, shall be payable to shareholders on or before February 28, 2025. Symphony operates in air cooling solutions, manufacturing residential, commercial, and industrial air coolers for customers in 60 countries. Founded in 1988 by Achal Anil Bakeri, the company has expanded its product portfolio over the years to include room heaters, ventilation fans, and domestic flour mills READ MORE

2:43 PM

Stock Market LIVE Updates: Muthoot Finance hits new high on strong earnings hope; up 31% from Nov low

Stock Market LIVE Updates: Shares of Muthoot Finance hit a new high at Rs 2,308.75, gaining 3 per cent on the BSE in Wednesday’s intra-day trade on expectations of strong earnings for the December 2024 quarter (Q3FY25). The stock price of the India’s largest gold financing company in terms of loan portfolio surpassed its previous high of Rs 2,274.15 touched on Budget day i.e. February 1, 2025.

 

Since November 14, 2024, the stock price of Muthoot Finance has outperformed the market and zoomed 31 per cent after the management revised upward its earlier guidance for FY25 on gold loan growth from 15 per cent to 25 per cent. READ MORE

2:36 PM

Stock Market LIVE Updates: Gold rate at record high today

Stock Market LIVE Updates: Gold price today hit record high on MCX as the April Futures of the yellow metal rallies neaely 1 per cent to cross the Rs 84,500-mark for the first time. At 2:35 PM, Gold Futures for April expiry were up 0.9 per cent on MCX to trade at Rs 84,550 per 10 gm. 

2:20 PM

Stock Market LIVE Updates: What drove JSW Energy share price 7% higher on Feb 5? Check details here

Stock Market LIVE Updates: The surge in JSW Energy share price came after the company announced that it has received letter of award (LoA) from West Bengal State Electricity Distribution Company Limited (WBSEDCL) for development and operation of 1,600 MW greenfield (2 x 800 MW) super / ultra super critical domestic coal based thermal power plant (TPP). 

 

In an exchange filing, the company said, “JSW Energy Limited has received letter of award (LoA) from West Bengal State Electricity Distribution Company Limited (WBSEDCL) for development and operation of 1,600 MW greenfield (2 x 800 MW) super / ultra super critical domestic coal based thermal power plant (TPP). The plant is awarded under a competitive bidding process invited by WBSEDCL and it will utilise the domestic linkage coal allocated to West Bengal under the SHAKTI B (iv) policy.” READ MORE

2:13 PM

Delhi Assembly 2025 Elections LIVE Updates: 33% voter turnout recorded till 1:00 pm across 70 constituencies

Delhi Assembly polls voting LIVE updates: A voting percentage of 33 per cent in the Delhi Assembly polls was recorded by 1:00 pm. Notable early voters included President Droupadi Murmu, Congress leader Rahul Gandhi, and Union Minister S Jaishankar. The election has approximately 15.6 million eligible voters, with polling taking place from 7 AM to 6 PM. According to Election Commission figures, the North East district saw the highest turnout at 10.7 per cent, with the Mustafabad constituency leading at 12.43 per cent.

2:08 PM

Stock Market LIVE Updates: RBI MPC to announce interest rate decision on Friday; what to expect?

Stock Market LIVE Updates: The RBI meeting commences today, and the outcome will be revealed on February 7. This is the inaugural MPC meeting led by Sanjay Malhotra. A 25bps rate cut is highly anticipated, along with further initiatives to boost liquidity in the banking sector. Recently, the RBI has implemented important measures to enhance liquidity, such as an Open Market Operation of Rs. 60,000 crore and a 56-day Variable Rate Reverse Repo of Rs. 50,000 crore, aimed at sustaining market liquidity. Additionally, the budget has provided balanced support for both domestic consumption and investment demand, notably through substantial income tax relief for individual taxpayers. This relief is expected to stimulate urban consumption, which has been sluggish for several quarters.

Moreover, inflation indicators have shown improvement, aligning with expectations, as the CPI inflation decreased from a 14-month high of 6.2% in October 2024 to 5.2% in December 2024, primarily due to lower food inflation. Consequently, we will closely observe Mr Malhotra's comments on inflation projections, as well as any updates related to India’s GDP projection. An immediate onset of monetary easing during this meeting could be instrumental in supporting growth outcomes throughout FY26.

Views by: Abhishek Pandya, Research Analyst, StoxBox.

1:59 PM

Stock Market LIVEUpdates: Abbott India reports Q3 results today

Stock Market LIVE Updates: Abbott India reports Q3 results where it reported net profit of Rs 360.8 crore, up 16% from Rs 311-crore profit Y-o-Y. Abbott India's Q3 revenue is up 12.3% for the quarter, at Rs 1,614.3 crore from Rs 1,437 crore Y-o-Y. Abbott India said its Q3 Ebitda stands at Rs 436.2 crore, 12.5% more than Q3FY4's Ebitda of Rs 387.7 crore. Its margin stayed flat at 27% Y-o-Y.

1:52 PM

Stock Market LIVE Updates: Datamatics pops 9% on automatic fare collection deal for Pune Metro Line 3

Stock Market LIVE Updates: Under the deal, Datamatics will be responsible for deploying the Automated Fare Collection (AFC) system across 23 stations between Hinjewadi and Civil Court (Shivaji Nagar) in Pune, spanning a fully elevated route of approximately 23 km. The initiative is part of the Pune Metro Line 3 project, a public-private partnership between the Pune Metropolitan Regional Development Authority (PMRDA) and a joint venture consisting of TRIL Urban Transport Private Limited and Siemens Project Ventures GmbH (a subsidiary of Siemens Financial Services). READ MORE

1:46 PM

Stock Market LIVE Updates: Tega Industries share price rallies on Q3 results

Stock Market LIVE Updates: Tega Industries reports net profit of Rs 54.2 crore in Q3 FY25, up 52.3% from  Rs 35.6 crore Y-o-Y.

 

Tega Industries Q3 revenue increased 20.3% to Rs 409.3 crore from Rs 340.2 crore Y-o-Y.

 

Tega Industries' Q3 Ebitda also climbed 62.7% Y-oY to Rs 91.3 crore Vs Rs 56.1 crore Y-o-Y

 

Tega Industries' margin is at 22.3% vs 16.5% Y-o-Y.
 

1:39 PM

Stock Market LIVE Updates: Power Grid share price trades higher; Co shares guidance update

Stock Market LIVE Updates: Power Grid says it has increased FY25 capex target to Rs 23,000 cr from less than Rs 20,000 crore earlier. Power Grid said it has increased FY26 capex’s lower-end of the range to Rs 28,000 crore from Rs 25,000 crore.

Power Grid's FY27 capex guidance, however, reduced to Rs 35,000 crore from Rs 40,000 crore.

1:34 PM

Stock Market LIVE Updates: Ola Electric Mobility enters EV motorcycle segment; shares gain 3%

Stock Market LIVE Updates: Shares of Bhavish Aggarwal-led Ola Electric Mobility were buzzing in trade on Wednesday, February 5, 2024. The company's share price advanced 2.84 per cent to the day's high of Rs 77 per share on the BSE. The northward move in Ola Electric Mobility's share price came after the company announced its entry into the EV motorcycle segment with the launch of its Roadster X series.

 

"Built on the company’s scalable motorcycle platform, the all-new Roadster X series is being introduced starting at Rs 74,999 for the Roadster X, Rs 1,04,999 for the Roadster X+ 4.5kWh, and Rs 1,54,999 for the Roadster X+ 9.1kWh (with 4680 Bharat Cell), which offers an unrivalled range of 501 km per charge," Ola Electric Mobility said in a release. READ MORE

1:25 PM

Stock Market LIVE Updates: Symphony share price tumbles on surprise Q3 loss due to exceptional item

Stock Market  LIVE Updates: Symphony reports Q3 net loss of Rs 10 crore vs profit of Rs 41 crore Y-o-Y

 

Symphony reported Q3 loss on one-time exceptional loss of Rs 46 crore vs nil Y-o-Y.
 

Symphony's profit before exceptional items & tax is down 44 per cent Y-o-Y to Rs 28 crore

 

Symphony Q3 revenue is down 2% Y-o-Y to Rs 242 crore.

 

Ebitda down 34% Y-o-Y to Rs 29 crore 

 

Margin shrinks to 12% vs 17.8% Y-o-Y
 

1:16 PM

Stock Market LIVE Updates: Bajaj Finance, UPL, IndusInd among overbought stocks as Nifty bounces back

Stock Market LIVE Updates: Among individual stocks in the broader market, 65 out of the Nifty 500 stocks have gained over 10 per cent in the last eight days; with 5 surging more than 20 per cent. Beaten down Kalyan Jewellers tops the gainers chart with a 29 per cent gain. Syrma SGS Technology, Inox Wind, Westlife Foodworld, Phoenix Mills, DOMS Industries, Cholamandalam Investment and Finance Company, TVS Motor, Aptus Value Housing Finance, Aditya Birla Real Estate and UPL were the other major gainers - up over 18 per cent each. READ MORE

1:05 PM

Stock Market LIVE Updates: Silver trading strategy: Check Support, Resistance, other key levels here

Stock Market LIVE Updates: Precious metals have continued to extend their sharp rallies this year on rate cut notions, subdued yields, inability of the US Dollar to rise on a consistent basis and occasional safe haven demand on tariff concerns and other economic uncertainties. Apart from rate cut expectations, subdued yields and Dollar have also played the major roles in this ongoing rally. READ MORE

12:53 PM

Stock Market LIVE Updates: Check gold rate today, trading strategy here

Gold Rate Today: Gold rally is being driven more by subdued yields and US Dollar Index rather than safe haven demand. The metal was sharply lower in the Asian session on Monday when the US Dollar Index rallied above 109 level as Trump imposed 25 per cent import duty on Canada and Mexico. There are not many concerns regarding the US-China tariff tiff. The US equities benchmark Indices of NASDAQ and S&P 500, despite the DeepSeek induced turmoil episode, are within the striking distance of their all-time highs.

 

Markets think that China tariff issue will also be resolved/shelved at least temporarily. China’s tariff gambit is a calculated move as tariffs are levied on US goods worth merely $14 billion.READ MORE

12:44 PM

Stock Market LIVE Updates: Zydus Lifesciences reports Q3 results

Stock Market LIVE Updates: Zydus Life reports net profit of Rs 1,023 crore, up 30% Y-o-Y.

Zydus Life Q3 revenue rises 17% to Rs 5,269 crore from Rs 4,505 crore Y-o-Y

 

Zydus Life's Q3 forex gain stands at Rs 183 crore as against Rs 21 crore Y-o-Y

 

Q3 Ebitda rose 26% to Rs 1,387 crore from Rs 1,102 crore Y-o-Y.