Stock Market Crash Highlights: Sensex tumbles 1,031pts, Nifty at 23,086; NSE Mid, SmallCap fall 4%

Markets Today Highlights: The BSE Sensex has now shed 1,850 points in the last 4 straight trading days

Stock Market Crash Highlights, Monday, January 13, 2025: Benchmark equity indices, BSE Sensex and NSE Nifty50, ended the week's first trading session lower, settling down by over 1 per cent each. The 30-share Sensex tumbled as much as 1,031.65 points or 1.35 per cent to settle at 76,347.26. The index traded in the range of 77,128.35-76,249.72 today.

 

Mirroring the Sensex, NSE Nifty50 also ended lower by 345.55 points or 1.47 per cent at 23,085.95. The Nifty50 recorded a day's high of 23,340.95, while the day's low was 23,047.25 on Monday.

 

The day ended in favor of the bears as 46 out of the 50 constituent stocks of Nifty50 ended in the red, dragged by Adani Enterprises, Trent, BPCL, Power Grid Corporation, and Bharat Electronics, with losses extending up to 6.21 per cent. Meanwhile, Axis Bank, TCS, Hindustan Unilever, IndusInd Bank were among the four constituent stocks that ended in the green, with gains extending up to 0.78 per cent.

 

Broader markets also mirrored the benchmarks as the Nifty Smallcap100, and Nifty Midcap100 indices ended down by over 4 per cent each.   All sectoral indices on the NSE platform ended in the red. Among others, Nifty Realty index ended down by 6.47 per cent, and Nifty Media by 4.54 per cent, while Nifty PSU Bank, Metal, Consumer Durables, and Healthcare indices ended down by over 3 per cent each.

 

4:05 PM

Stock Market Highlights LIVE Updates: Decisive fall below 23,000 may trigger deeper correction

Bears remained at the helm as the Nifty continued to breach crucial levels. The index slipped below its previous swing low on the daily chart, indicating increasing bearishness. However, it held the 23,000 mark, which remains a key level to watch.

If the Nifty sustains above 23,000 over the next few days, it could signal a potential recovery. Conversely, a decisive fall below this level might trigger a deeper correction.

(View by: Rupak De, Senior Technical Analyst at LKP Securities.)

4:04 PM

Stock Market Highlights LIVE Updates: Domestic sell-off led by global cues

The global markets witnessed a significant sell-off, prompting a similar response in domestic markets due to strong US payroll data suggesting fewer rate cuts in 2025. This has strengthened the dollar, driven up bond yields, and made emerging markets less attractive. Recent GDP downgrades and slowing earnings amidst higher valuations are weighing heavily on market sentiment.

Expect volatility in the near term, with the 2025 budget, Q3 results, RBI policy, and Trump's policies are key factors to define the trend in the short-term.

(View by: Vinod Nair, Head of Research, Geojit Financial Services)

3:47 PM

Stock Market Highlights LIVE Updates: Adani Ent, Trent, BPCL on NSE

 Adani Enterprises, Trent, and BPCL among others fell up to 6 per cent on NSE.

3:43 PM

Stock Market Highlights LIVE Updates: Nifty Realty, Metal, Consumer Durables bleed

Nifty Realty, Metal, Consumer Durables bled among sectors falling up to 6 per cent.

3:39 PM

Stock Market Highlights LIVE Updates: SmallCap, MidCap indices bleed heavy

The BSE MidCap index plunged 4.18 per cent, while the BSE SmallCap index dropped 4.03 per cent.

3:36 PM

Stock Market Highlights LIVE Updates: Heatmap check

26 out of 30 stocks end in red on the BSE Sensex.

3:35 PM

Stock Market Highlights LIVE Updates: Nifty50 down 335 points, dips below 23,100

NSE's Nifty50 slid 335 points at 23,085 level.

3:32 PM

Stock Market LIVE Updates: Sensex drops 1,048 points

The BSE Sensex dropped 1,048 points or 1.36 per cent at 76,330 level.

3:13 PM

Stock Market LIVE Updates: Nifty Realty records sharpest intraday fall in 7 months; tanks 6% today

Shares of real estate companies are under pressure, with the Nifty Realty index recording its sharpest intra-day fall in the past seven months on growth concerns and expectations of muted earnings for the quarter ended December 2024 (Q3FY25).

The Nifty Realty index has declined 6.2 per cent in intraday trade on the National Stock Exchange (NSE) in Monday’s intraday trade, its sharpest fall since June 4, 2024, when it had tanked 13.8 per cent. On August 5, 2024, the Nifty Realty index had slipped 5.32 per cent. Read more

3:01 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty trade with deep cuts

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 were trading with deep cuts on Monday in the face of converging global headwinds clouding the outlook for Indian equities.

At 3 PM, the BSE Sensex was lower by 1,004.48 points, or 1.30 per cent, at 76,374.43, while the Nifty50 was at 23,096.45, down 335.45 points, or 1.43 per cent.

 

2:57 PM

Stock Market LIVE Updates: Groww in talks to launch IPO, looks to raise $700 mn for $7-8 bn valuation

Stock Market LIVE Updates: Bengaluru-based fintech firm Groww is engaging with multiple investment bankers to explore the possibility of launching its initial public offering (IPO), according to a report by Moneycontrol, quoting sources.

 

The company aims to raise approximately $700 million, targeting a valuation between $7 billion and $8 billion. The report indicates that while the discussions are underway, the timeline for the IPO has not been finalised, as it will depend on prevailing market conditions. READ MORE

 

 

2:56 PM

Stock Market LIVE Updates: India Inc's leverage to improve in FY26-27 despite high capex: Fitch

Stock Market LIVE Updates: Benefitting from improving earnings before interest, taxes, depreciation, and amortization (Ebitda), Indian-rated corporates are likely to see their net leverage ratio decline to 2.7x in the next financial year 2025-26 (FY26) from 3.1x in the year ending March 2025 (FY25).

The net leverage may fall further below 2.5x level in FY27, according to rating agency Fitch Ratings.
 

However, the rating agency flagged caution, saying the downside risks could materialise if energy prices rise significantly, given ongoing geopolitical risks. Risks could also materialise if there is a sustained downward pressure on the Indian rupee or adverse trade protectionist measures dampen exports. READ MORE

 

2:56 PM

Stock Market LIVE Updates: Nifty Realty records sharpest intraday fall in 7 months; tanks 6% today

Stock Market LIVE Updates: Shares of real estate companies are under pressure, with the Nifty Realty index recording its sharpest intra-day fall in the past seven months on growth concerns and expectations of muted earnings for the quarter ended December 2024 (Q3FY25). The Nifty Realty index has declined 6.2 per cent in intraday trade on the National Stock Exchange (NSE) in Monday’s intraday trade, its sharpest fall since June 4, 2024, when it had tanked 13.8 per cent. On August 5, 2024, the Nifty Realty index had slipped 5.32 per cent.

 

Shares of Phoenix, Macrotech Developers (Lodha), Sobha and Brigade Enterprises were down between 6 per cent and 9 per cent on the NSE in intra-day trades, while shares of Raymond, DLF, Oberoi Realty, Prestige Estates Projects and Godrej Properties were down in the range of 4 per cent to 5 per cent. READ MORE

 

 

2:50 PM

Stock Market LIVE Updates: Equinox India shares dip 4% despite posting good Q3 nos; revenue up 176%

Stock Market LIVE Updates: Equinox India Development shares slipped 3.9 per cent in Monday's trade on BSE, logging an intraday low at Rs 127 per share. The selling pressure in the stock came after the company posted its Q3 results. 

Around 12:33 AM, Equinox India Development share price was down 2.53 per cent at Rs 128.85 per share on BSE. In comparison, the BSE Sensex was down 0.84 per cent at 76,726.79. The market capitalisation of the company stood at Rs 8,200.93 crore. The 52-week high of the stock was at Rs 164.4 per share and the 52-week low was at Rs 92.7 per share. READ MORE

 

 

2:43 PM

Stock Market LIVE Updates: MRF, L&T Finance, IOC, SAIL among 50 stocks from BSE500 to hit 52-week lows

Stock Market LIVE Updates: Shares of tyre major MRF, oil marketing company Indian Oil Corporation, non banking finance company (NBFC) L&T Finance and Steel Authority of India (SAIL) are among 50 stocks from the BSE 500 index that hit their respective 52-week lows in Monday’s intra-day trade after the continued selling pressure in the Indian equity markets.

Aptus Value Housing Finance India, Bandhan Bank, Bank of India, Can Fin Homes, Central Bank of India, LIC Housing Finance, Union Bank of India and YES Bank from the financial sector also touched their respective 52-week lows in intra-day trades today.
 

In one month, the BSE 500 index has underperformed the market by falling 8.1 per cent, as compared to the 6.5 per cent decline in the BSE Sensex. READ MORE