Stock Market Close Highlights: Sensex sheds 122pts, Nifty at 23,045; banks shine, RIL dips 1%

Stock Market Highlights: Among the broader markets, the Nifty Midcap100 and Nifty Smallcap100 indices settled with losses of 0.26 per cent each

3:55 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: Nifty closed with a long legged Doji formation after a day of high volatility. On the lower end, the index found support just above the previous swing low. Until the previous low of 22,786 is broken decisively, the chances are high that Nifty might recover towards 23,500–23,600 in the near term. Immediate resistance is placed at 23,200, while immediate support is at 23,000.

View by Rupak De, senior technical analyst, LKP Securities.

3:54 PM

Stock Market LIVE Updates: Investors are trading cautiously and placing safe equity bets: Mehta Equities

Stock Market LIVE Updates: Markets were extremely choppy and gyrated sharply in intraday trades. After crashing over 900 points in early trades, markets recouped lost ground in late trades but select profit-taking in IT, banking and auto stocks saw benchmarks end marginally lower. Due to rising uncertainty in global and domestic markets coupled with falling rupee and fund outflows, investors are trading cautiously and placing safe equity bets.

View by Prashanth Tapse, senior VP (research), Mehta Equities.

3:51 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The Indian market saw a slight recovery from the sharp intraday declines; however, overall sentiment remained weak due to elevated broader market valuations and muted Q3 earnings growth. Concerns over excessive valuations are expected to sustain the ongoing consolidation phase. Investor confidence was further undermined by the Fed’s statement that it is "not in a hurry to lower interest rates" and intends to "pause rate cuts to assess further progress in inflation." Additionally, uncertainty regarding the impact of metal tariffs added to market caution.

The upcoming release of US consumer price index (CPI) inflation data will provide further market direction, with prevailing expectations indicating minimal change in inflation, a scenario that could exert additional pressure on investor confidence.

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

 

3:45 PM

Stock Market LIVE Updates: M&M, Eicher Motors, BEL were among the top laggards on Nifty50

Stock Market LIVE Updates: While, M&M, Eicher Motors, BEL were among the top laggards on Nifty50, Bajaj Finserv, SBI Life, Shriram Finance were among the top winners. 

image

3:42 PM

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

Stock Market LIVE Updates: M&M, ITC, IndusInd Bank were the top losers on Sensex. Conversely, Bajaj Finserv, Tata Steel, L&T were among the top gainers. 

3:40 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices closed nearly half a percent lower. BSE Midcap closed 0.45 per cent lower while BSE Smallcap closed 0.49 per cent lower.

3:38 PM

Stock Market LIVE Updates: Nifty closes 26.55 pts lower at 23,045.25

Stock Market LIVE Updates: National Stock Exchange (NSE) Nifty50 closed 26.55 points or 0.12 per cent lower at 23,045.25. During the session, the index recorded an intraday low of 22,798.35.

3:35 PM

Stock Market LIVE Updates: Sensex settles 122.52 points or 0.16 per cent lower at 76,171.08

Stock Market LIVE Updates: After a volatile session, Indian benchmark indices closed in red. BSE Sensex at close was 122.52 points  or 0.16 per cent lower at 76,171.08. 

3:26 PM

Stock Market LIVE Updates: Cochin Shipyard share price falls 6% as ex-dividend date kicks in

Stock Market LIVE Updates: The share price of the state-owned Miniratna company, Cochin Shipyard, dropped by 6.20 per cent to Rs 1,244.10 per share on the National Stock Exchange (NSE) during intraday trading on Wednesday, February 12, 2025. This drop follows the company’s announcement of its second interim dividend for shareholders, as the stock traded ex-dividend on the same day. Read more 

3:19 PM

Stock Market LIVE Updates: View on AMFI numbers by ITI Mutual Fund

Stock Market LIVE Updates: In January 2025, volatility in the Indian equity markets, combined with geopolitical uncertainties and anticipation of the Union Budget, led to a decline in equity mutual fund AUM. This resulted in a reduction of Rs 1.1 trillion in the AUM of open-ended equity mutual funds but the flows were consistent with December 2024. Investors showed a preference for Large Cap and Flexi Cap funds.

Additionally, investors turned to ELSS funds to take advantage of the tax-saving benefits, reflected in a 14 per cent rise in gross flows into these funds. Investors preferred debt and hybrid funds in Jan’25, visible by the net positive flows in these categories to the tune of 1.3 trillion and 0.17 trillion respectively.

View by Jatinder Pal Singh, CEO, ITI Mutual Fund.

3:13 PM

Stock Market LIVE Updates: MF inflows resilient for month of Jan 2025: Samco Mutual Fund

Stock Market LIVE Updates: Almost 40k crore of inflows for month of Jan 25 where we have seen broader indices corrected more than 12 per cent from its peak. There was a slight dip of 3.6 per cent in inflows compared to December 2024, but we're still seeing positive flows for the 47th month in a row. This small drop came after a pullback in both the NSE and BSE indices.

 

However, the markets experienced intermittent bouts of volatility, driven by sluggish economic growth, rising protectionist tendencies, and geopolitical uncertainties. These factors contributed to market jitters over the past few months. Despite these hurdles, the steadfast commitment of domestic investors through SIPs underscored a deeper confidence in the long-term potential of the Indian economy. This resilience not only cushioned the impact of external shocks but also painted a promising picture of the future, where domestic participation is seen strengthening the foundation of India’s financial markets.

 

Small cap index corrected by more than 13% from its peak but there is no slowdown in inflows from this segment. To everybody’s surprise Jan25 saw a record inflow of Rs 5721 crores a stellar growth of 23 per cent quarter-on-quarter (Q-o-Q) and 75 per cent year-on-year (Y-o-Y) in a correcting phase.

View by Viraj Gandhi, CEO at Samco Mutual Fund.

 

3:01 PM

Stock Market LIVE Updates: 3 PM Market update - Sensex, Nifty trade lower

Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty50 were trading lower on Wednesday, amid mixed global cues.

At 3 PM, the BSE Sensex was at 76,010.44, lower by 283.16 points, or 0.37 per cent, while the Nifty50 was at 23,013.15, lower by 58.65 points, or 0.25 per cent.

 

2:56 PM

Stock Market LIVE Updates: Power Finance Q3 results: Profit up 23% at Rs 7,760 cr, dividend declared

Stock Market LIVE Updates: Power Finance Corporation (PFC) reported a 23 per cent increase in consolidated net profit for the third quarter (Q3) of the financial year 2024-25 (FY25), reaching Rs 7,759.56 crore, compared to Rs 6,294.44 crore during the same period last year.

Consolidated revenue from operations rose by 14 per cent year-on-year to Rs 26,798.04 crore from Rs 23,571.83 crore.

The company has declared a third interim dividend of ₹3.50 per equity share for FY25. The face value of each fully paid-up equity share is Rs 10.
 

As of 1:30 PM, shares of PFC were trading at Rs 381, up over 1 per cent on the BSE, following the release of the company's Q3 FY25 results. READ MORE

 

2:48 PM

Stock Market LIVE Updates: IOC, BPCL to sign multibillion-dollar LNG purchase deals With Adnoc

Stock Market LIVE Updates: Two of India's largest state-run oil companies are set to sign agreements this week to purchase liquefied natural gas (LNG) from Abu Dhabi National Oil Co., as the nation seeks to secure long-term energy supplies.

 

Indian Oil Corp., the country's largest refiner, will buy up to 1.2 million tons of LNG annually from Adnoc, with the deal valued at over $7 billion for a 14-year period starting in 2026, according to a government statement. Bharat Petroleum Corp. aims to receive 2.5 million tons of LNG from the UAE company over five years starting in April, with an option to extend the agreement for another five years. READ MORE

 

2:42 PM

Stock Market LIVE Updates: This Mukul Agrawal portfolio stock bounces back 22% from day's low

Stock Market LIVE Updates: Shares of Pearl Global Industries (PGIL) surged by 19% to ₹1,496.15 on the BSE during Wednesday's intra-day trade, driven by strong earnings for the quarter ended December 2024 (Q3FY25). The market price of the small-cap garments and apparels company rebounded by 22% from its intraday low of ₹1,222.45 on the BSE. The stock had reached a record high of ₹1,718.05 on January 16, 2025.

At 1:13 PM, PGIL was trading 14% higher at ₹1,441, compared to a 0.08% rise in the BSE Sensex. However, the BSE Smallcap index was down by 0.10%, standing at 47,323. READ MORE

 

 

2:33 PM

Stock Market LIVE Updates: Oil India, TechM: 5 stocks to buy in a falling market for up to 15% gain

Stock Market LIVE Updates: Equity markets have been on a downtrend for the past six trading sessions, with the benchmark indices Sensex and Nifty tumbling by up to 4% so far to reach intra-day lows of 75,380 and 22,788, respectively, on Wednesday.

The downturn is being driven by several factors, including Donald Trump's new tariffs, sustained selling by foreign institutional investors, a weaker rupee, and unimpressive corporate earnings. Analysts believe these factors are taking a toll on the markets, which were previously trading at expensive valuations.

During this period, more than 81 per cent of the Nifty 500 stocks have been trading below their long-term moving averages, in line with the NSE Nifty 50 index. READ MORE

 

2:28 PM

Stock Market LIVE Updates: Here's why HEG share price dropped 4% in trade on February 12; details here

Stock Market LIVE Updates: HEG's share price slipped by 4.23 per cent, reaching an intraday low of Rs 336.10 per share on Wednesday, February 12, 2025. The decline in HEG's share price followed the company's mixed results for the December quarter of FY25 (Q3FY25).

HEG's profit surged by 91 per cent year-on-year (Y-o-Y) to Rs 83.4 crore in Q3FY25, up from Rs 43.7 crore in Q3FY24.
 

However, revenue from operations fell by 15 per cent Y-o-Y to Rs 478.4 crore in Q3FY25, down from Rs 562.4 crore in Q3FY24. READ MORE

 

2:22 PM

Stock Market LIVE Updates: Sensex, Nifty recover over 1 per cent from day's low: Has the market bottomed out?

Stock Market LIVE Updates: The Indian benchmark indices, Sensex and Nifty50, experienced a sharp recovery after an initial decline on Wednesday, February 12, 2025.

The Sensex surged by 1.42 per cent (1,071.33 points) to 76,459.72, while the Nifty50 climbed by 1.37 per cent (312.5 points) to 23,110.85, indicating some underlying support.
 

Despite the recovery, independent analyst Ambreesh Baliga believes the market has not yet reached its bottom. The brief rally may be attributed to positive expectations surrounding the meeting between Prime Minister Narendra Modi and former President Donald Trump, which could potentially result in favorable outcomes for the market, along with positive Mutual Fund (MF) flows. READ MORE

 

2:14 PM

Stock Market LIVE Updates: Ashok Leyland Q3 results: Net profit rises 36% to Rs 762 cr, revenue up 8%

Stock Market LIVE Updates: Ashok Leyland reported a 36 per cent increase in consolidated net profit for the third quarter (Q3) of the financial year 2024-25 (FY25), reaching Rs 761.92 crore, compared to Rs 560.21 crore during the same period last year.

 

Consolidated revenue from operations rose by 8 per cent year-on-year to Rs 11,995 crore in the October-December quarter. READ MORE

 

2:12 PM

Stock Market LIVE Updates: HAL Q3 FY25 results: Net profit rises 14% to Rs 1,440 crore, revenue up 15%

Stock Market LIVE Updates: Hindustan Aeronautics Limited (HAL) reported a 14 per cent increase in consolidated net profit for the third quarter (Q3) of the financial year 2024-25 (FY25), reaching Rs 1,439.83 crore, compared to Rs 1,261.40 crore during the same period last year.

 

Consolidated revenue from operations rose by 15 per cent in the October-December quarter to Rs 6,957.31 crore, up from Rs 6,061.28 crore a year ago. READ MORE

2:09 PM

Stock Market LIVE Updates: United Breweries rose 4% as Kingfisher volume grows in mid-single-digit

Stock Market LIVE Updates: United Breweries shares surged by 3.9 per cent in trade, reaching an intraday high of Rs 2,102 per share on the BSE. The stock saw increased buying a day ahead of its Q3 results (February 13, 2025) and following Heineken N.V.'s full-year 2024 results. United Breweries, a subsidiary of Heineken N.V., reports under Indian Accounting Standards, which include total sales volume (in cases sold) and net revenue.

As of 1:13 PM, United Breweries' share price was up 2.03 per cent, trading at Rs 2,063.55 per share on the BSE. In comparison, the BSE Sensex was up 0.08 per cent, standing at 76,355.59. The company's market capitalisation was Rs 54,561.32 crore. The stock's 52-week high was Rs 2,299.4 per share, while the 52-week low was Rs 1,645.8 per share. READ MORE

2:02 PM

Stock Market LIVE Updates: 2 PM Market update - Sensex, Nifty trade lower

Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty50 were trading lower on Wednesday, amid mixed global cues.

At 2 PM, the BSE Sensex was at 76,014.16, lower by 279.44 points, or 0.37 per cent, while the Nifty50 was at 23,000.40, lower by 71.40 points, or 0.31 per cent.

 

1:56 PM

Stock Market LIVE Updates: Chandan Healthcare IPO Day 3; check subscription status, GMP, listing date

Stock Market LIVE Updates: Chandan Healthcare, a diagnostic services provider, is set to close its initial public offering (IPO) for public subscription today, Wednesday, February 12, 2025. The Rs 107 crore NSE SME offering has received a decent response from investors so far. According to data from the National Stock Exchange (NSE), the Chandan Healthcare IPO has been oversubscribed by 1.12 times as of around 12:08 PM on Wednesday, February 12, 2025.

The IPO consists of a fresh issue of 44,52,064 equity shares and an offer for sale of 22,99,936 equity shares. The public offering is available at a price band of Rs 151-159 per share, with a lot size of 800 shares. Investors can bid for a minimum of 800 shares and in multiples thereof, requiring a minimum investment of Rs 1,27,200. READ MORE

 

1:48 PM

Stock Market LIVE Updates: Arkade Developers share price rises nearly 8% from lows on new order win

Stock Market LIVE Updates: Arkade Developers' share price was on the rise today, February 12, 2025. The stock advanced by 4.6 per cent on the BSE during intraday trade, reaching a high of Rs 154.3 per share.

From the day's low of Rs 143.45, Arkade Developers' shares recovered by 7.5 per cent. As of 12:55 PM, the stock was up 4.5 per cent, while the BSE Sensex index remained unchanged.
 

The surge in Arkade Developers' share price followed news suggesting that the company has secured a new order. According to the company's stock exchange filing, it has been awarded a Rs 1,700 crore redevelopment project. READ MORE

 

1:39 PM

Stock Market LIVE Updates: IOC, BPCL to sign multibillion-dollar LNG purchase deals With Adnoc

Stock Market LIVE Updates: Two of India's largest state-run oil companies are set to sign agreements this week to purchase liquefied natural gas (LNG) from Abu Dhabi National Oil Co., as the country seeks to secure long-term supplies to meet its growing energy demand.

 

Indian Oil Corp., the nation's biggest refiner, will buy up to 1.2 million tons of LNG annually from Adnoc, valued at over $7 billion for the 14-year period starting in 2026, according to a government statement. Bharat Petroleum Corp. plans to receive 2.5 million tons of LNG from the UAE company over five years starting in April, with an option to extend the deal for another five years. READ MORE

 

1:32 PM

Stock Market LIVE Updates: Indo Count shares surge 10 per cent in weak market after 30% jump in Q3 profit

Stock Market LIVE Updates: Shares of Indo Count Industries surged by 10 per cent to Rs 297 on the BSE during Wednesday's intra-day trade, driven by heavy volumes after the company reported strong numbers for the December 2024 quarter (Q3FY25). The profit after tax (PAT) jumped by 30 per cent to Rs 75 crore, compared to Rs 58 crore in the same period last year (Q3FY24).

 

Total income, including other income, grew by 61 per cent year-on-year (YoY) to Rs 1,168 crore, up from Rs 727 crore in Q3FY24. Contributions to revenue came from Fluvitex USA, Inc., Modern Home Textiles, USA, and new licensed brands. The company achieved Rs 100 crore in revenues in Q3; however, increased investments in systems and new hires led to lower absorption of fixed costs, according to Indo Count. The company aims to double its revenues by 2028. READ MORE

1:23 PM

Stock Market LIVE Updates: Here's why China's DeepSeek is India's final call to board the AI flight

Stock Market LIVE Updates: The AI revolution is underway, and China's DeepSeek is India's last boarding call. With the private sector too risk-averse to fund uncertain research projects, the government must take the lead.

The Chinese startup's artificial intelligence models, which were offered as open-source licenses last month, have been developed at a fraction of the cost compared to resource-intensive rivals like OpenAI's ChatGPT or Google's Gemini. The US tech industry and Wall Street investors recognise DeepSeek as a significant disruptor. 
 

India, however, remains a passive observer in this economic and political competition. This complacency is perilous. READ MORE

 

1:16 PM

Stock Market LIVE Updates: Equity MFs rake in Rs 39,688 cr in January despite market volatility

Stock Market LIVE Updates: Despite a sharp market selloff, equity-oriented mutual fund (MF) schemes saw net inflows of ₹39,688 crore in January. Although the inflows were 3.6% lower compared to December, they were still 21% above the average monthly inflows for the calendar year 2024.

 

Among the 11 equity sub-categories, thematic funds attracted the highest net inflows at ₹9,017 crore, followed by small-cap funds at ₹5,721 crore and flexi-caps at ₹5,698 crore. Notably, inflows to small-cap funds increased by 22% month-on-month, despite a significant decline in the sector. READ MORE

1:10 PM

Stock Market LIVE Updates: Vodafone Idea share price tumbles 8 per cent after mixed Q3 results; details here

Stock Market LIVE Updates: Telecom operator Vodafone Idea's shares plummeted by 8.16 per cent, reaching an intraday low of ₹8.10 per share on Wednesday, February 12, 2025. This decline came after the company reported mixed results for the December quarter of FY25 (Q3FY25).

Vodafone Idea's consolidated net losses narrowed slightly to ₹6,609.3 crore in Q3FY25, compared to a loss of ₹6,985.9 crore in Q3FY24.
 

Meanwhile, revenue from operations increased by 4.2 per cent year-on-year (Y-o-Y), rising to ₹11,117.3 crore in Q3FY25 from ₹10,673.1 crore in Q3FY24. READ MORE

 

1:05 PM

Stock Market LIVE Updates: 1 PM Market update - Sensex, Nifty trade with small cuts

Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty50 recovered most of the losses from the day's lows, and were trading with smaller cuts on Wednesday, amid mixed global cues.

At around 1 PM, the BSE Sensex was at 76,242.30, lower by merely 51.30 points, or 0.07 per cent, while the Nifty50 was at 23,076.25, up by merely 4.45 points, or 0.02 per cent.