Stock Market Highlights: Sensex snaps 4-day losing streak, ends 170pts up; Adani Group shares shine

Markets Today Highlights: The NSE Nifty50 settled in the green at 23,176.05, with gains of 90.10 points, or 0.39 per cent

4:01 PM

Stock Market Highlights LIVE Updates: The downtrend is still intact for Nifty50

Nifty opened gap up and consolidated during the day to close in the green up ~90 points. It is in a temporary relief rally after a sharp decline in the previous couple of trading sessions. During the fall the Nifty faced selling pressure from the 20-hour moving average which is placed at 23277. The downtrend is still intact and hence minor degree pullbacks towards resistance zone (23270 – 23300) should be considered as a selling opportunity. on the downside we expect the Nifty to drift lower towards 23000 – 22670 from short term perspective. A move above 23340 shall lead to a further short covering otherwise the downtrend is intact.

(View by: Jatin Gedia – Technical Research Analyst at Mirae Asset Sharekhan)

 

3:58 PM

Stock Market Highlights LIVE Updates: CPI inflation provided respite to the broader indices

A rebound in the global market and an ease in domestic CPI inflation provided respite to the broader indices. This may provide some leeway for RBI in its next policy meet; however, rising oil prices and higher 10-year yields will be watched carefully.

The IT sector weighed down amid concerns over weak earnings guidance for Q4. The domestic sentiment will be more inclined towards the ongoing earnings season and upcoming union budget, which has a mixed view.

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

 

3:55 PM

Stock Market Highlights LIVE Updates: Broader indices outperform

The BSE MidCap index surged 2.13 per cent, while the BSE SmallCap index rose 1.69 per cent. 

3:54 PM

Stock Market Highlights LIVE Updates: Nifty PSU Bank, Metal, Auto lead among sectors

Nifty PSU Bank, Metal, Auto lead among sectors.

3:49 PM

Stock Market Highlights LIVE Updates: Adani Ent, Hindalco, Adani Ports rise on NSE

Adani Enterprises, Hindalco, and Adani Ports rise up to 7 per cent on the NSE.

3:38 PM

Stock Market Highlights LIVE Updates: Heatmap check

18 out of 30 stocks end in green. 

3:35 PM

Stock Market Highlights LIVE Updates: Nifty closes above 23,150

NSE's Nifty50 closed 90 points higher at 23,176 level. 

3:32 PM

Stock Market Highlights LIVE Updates: Sensex ends 169 points higher

The BSE Sensex closed 169 points higher or 0.22 per cent at 76,499 level. 

3:14 PM

Stock Market LIVE Updates: KPI Green slips 28% in 8 days after stock turns ex-bonus; hits 11-month low

Shares of KPI Green Energy were locked in lower circuit for the third straight trading day, down 5 per cent at Rs 414.25 on the BSE in Tuesday’s intraday trade. The stock of the power generation company is quoting lower for the eight straight day, falling 28 per cent during the period. 

 

On January 03, 2025, the stock price of KPI Green Energy had turned ex-date for bonus issue in the proportion of 1 equity shares for every 2 existing equity shares held in the company. Currently, the stock is trading at its lowest level since January 31, 2024. Read more

3:01 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty hold higher levels

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 were trading higher on Tuesday, amid mixed global cues.

At 3 PM, the BSE Sensex was higher by 187.55 points, or 0.25 per cent, at 76,517.56, and the Nifty50 was at 23,169.75, up 83.80 points, or 0.36 per cent. 

 

2:52 PM

Stock Market LIVE Updates: Lotus Chocolate hits 5% lower circuit after releasing Q3FY25 results

Stock Market LIVE Updates: Lotus Chocolate shares hit a 5 per cent lower circuit in Tuesday's trade on BSE at Rs 1,218.40 per share. The selling pressure in the stock came after the company released its Q3 numbers. 

Around 12:32 PM, Lotus Chocolate share price was down 5 per cent at Rs 1,218.4 per share on BSE. In comparison, the BSE Sensex was up 0.32 per cent at 76,572.01. The market capitalisation of the company stood at Rs 1,564.55 crore. The 52-week high of the stock was at Rs 2,608.65 per share and the 52-week low was at Rs 301.35 per share. READ MORE

 

2:45 PM

Stock Market LIVE Updates: Urja Global shares hit 5% upper circuit after posting Q3FY25 results

Stock Market LIVE Updates: Urja Global shares hit a 5 per cent upper circuit in Tuesday's trade on BSE, at Rs 15.58 per share. The buying in the stock came after the company reported its Q3FY25 result.

Around 12:04 PM, Urja Global share price was up 4.99 per cent at Rs 15.58 per share on BSE. In comparison, the BSE Sensex was up 0.38 per cent at 76,616.79. The market capitalisation of the company stood at Rs 818.66 crore. The 52-week high of the stock was at Rs 41.84 per share and the 52-week low was at Rs 14.51 per share. READ MORE

 

2:33 PM

Stock Market LIVE Updates: Last day! Sat Kartar Shopping IPO ends today: 63x subscription, GMP up 37%

Stock Market LIVE Updates: The unlisted shares of Sat Kartar Shopping commanded a solid premium in the grey market on the last day of the subscription window for its initial public offering (IPO). Rs 33.80 crore SME offering of Sat Kartar Shopping, which opened for subscription on Friday, January 10, 2025, is set to conclude today, Tuesday, January 14, 2025. 

 

Sat Kartar Shopping IPO, available at a price band of Rs 77-81 per share with a lot size of 1,600 shares, has been oversubscribed by 63.20 times as of 11:51 AM on Tuesday, according to data available on the National Stock Exchange (NSE). READ MORE

 

2:23 PM

Stock Market LIVE Updates: Goldiam International stock hits new high; zooms 32% thus far in January

Stock Market LIVE Updates: Shares of Goldiam International, exporter of diamond jewellery, hit a new high of Rs 509.50, as they rallied 9 per cent on the BSE in Tuesday’s intra-day trade on expectations of strong earnings. Thus far in the month of January 2025, the stock price of this  smallcap company has zoomed 32 per cent. In comparison, the BSE Sensex declined 1.5 per cent and BSE Smallcap index slipped 7.6 per cent during the same period.

In the past six months, the stock price of Goldiam International skyrocketed 188 per cent, as against 5 per cent fall recorded by the Sensex and Smallcap index. READ MORE

 

2:17 PM

Stock Market LIVE Updates: Vodafone Idea ties up with HCLTech's HCLSoftware to automate 4G and 5G networks

Stock Market LIVE Updates: HCLTech informed today that Vodafone Idea (Vi) has partnered with its software business unit, HCLSoftware to make its 4G and 5G networks smarter and more efficient. 

The company, in an exchange filing, said, "Vi is now using HCL Augmented Network Automation (HCL ANA), a multivendor self-optimizing network (MV-SON) platform, to manage its Ericsson and Samsung networks. This advanced technology will help Vi improve network performance, save energy, and offer better services to its customers".

The HCL ANA platform uses Artificial Intelligence (AI) to simplify the management of Vi’s complex multi-vendor, multi-technology and multi-layered network to ensure smooth integration and efficient network operations. The platform is also SMO ready (ORAN), making the investment future-proof, it added.

 

2:14 PM

Stock Market LIVE Updates: Awfis Space Solutions launches first centre in Lucknow

Stock Market LIVE Updates: Awfis Space Solutions Limited today informed that it has launched its first centre in Lucknow, spanning 47,694 sq. ft. 

The company, in an exchange filing, disclosed that the centre is located in Gomti Nagar, a vibrant business district that also hosts the city’s IT corridor. 

 

2:12 PM

Stock Market LIVE Updates: Piramal Enterprises jumps 7%; here's what is boosting rally in stock

Stock Market LIVE Updates: Piramal Enterprises shares jumped 7.5 per cent in Tuesday's trade on BSE, logging an intraday high at Rs 1,022 per share. The stock was in focus after the company announced that it would receive an estimated $140 million, following the sale of Life Molecular Imaging by Life Healthcare by FY26.

Around 11:44 AM, Piramal Enterprises share price was up 6.49 per cent at Rs 1,012 per share on BSE. In comparison, the BSE Sensex was up 0.43 per cent at 76,659.03. The market capitalisation of the company stood at Rs 22,818.34 crore. The 52-week high of the stock was at Rs 1,275.40 per share and the 52-week low was at Rs 736.60 per share. READ MORE

 

2:07 PM

Stock Market LIVE Updates: Mahanagar Gas share pops 6% as Morgan Stanley initiates with 'Overweight'

Stock Market LIVE Updates: Natural gas distribution company Mahanagar Gas Limited (MGL) shares were buzzing in trade on Tuesday, January 14, 2025, as the scrip surged up to 5.62 per cent to hit an intraday high of Rs 1,297 apiece. 

 

Mahanagar Gas shares surged following reports that Morgan Stanley, a New York-based brokerage firm, initiated coverage with an 'Overweight' rating. The firm has set a target price of Rs 1,606 per share, indicating a potential upside of 30.78 per cent from the previous session's closing price of Rs 1,227.95. READ MORE

 

 

2:01 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty trade in green; off day's highs

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 were trading higher on Tuesday, amid mixed global cues.

At 2 AM, the BSE Sensex was higher by 190.08 points, or 0.25 per cent, at 76,520.09, and the Nifty50 was at 23,157.60, up 71.65 points, or 0.31 per cent. 

 

1:52 PM

Stock Market LIVE Updates: WPI inflation rises from 1.89% to 2.37% in Dec; food prices see decline

Stock Market LIVE Updates: India's wholesale price index (WPI) based inflation rose to 2.37 per cent in December from 1.89 per cent in November due to the rise in prices of manufactured items and a low base effect, according to the government data released on Tuesday.

The wholesale price index (WPI) based inflation stood at 0.86 per cent in December last year.

Data released by the Ministry of Commerce and Industry, however, showed that inflation in food items declined slightly to 8.47 per cent in December from 8.63 per cent in November. This was led by deceleration in the prices of cereals (6.82 per cent), paddy (6.93 per cent), wheat (7.63 per cent) and pulses (5.02 per cent). READ MORE

 

1:40 PM

Stock Market LIVE Updates: Redemptions from equity funds increase by 40% to Rs 4,645 billion in 2024

Stock Market LIVE Updates: The assets under management (AUM) of domestic mutual funds surged by 40 per cent year-on-year (YoY) to reach Rs 33.4 trillion in calendar year (CY) 2024, marking the 11th consecutive year of growth, according to an analysis by Motilal Oswal Fund Folio Report. Redemptions from equity funds also rose by 40% YoY to Rs 4,645 billion, indicating a growing trend of investors pulling out their investments amid market corrections. READ MORE

 

1:34 PM

Stock Market LIVE Updates: LIC stock hits 52-week low; down 34% from August high

Stock Market LIVE Updates: Shares of Life Insurance Corporation of India (LIC) hit a new 52-week low of Rs 806.85, down less than 1 per cent on the BSE in Tuesday’s intraday trade. The stock was down for the fifth straight trading day and has declined 11 per cent in past seven trading days. The stock of state-owned life insurance giant has tumbled 34 per cent from its 52-week high level of Rs 1,221.50 touched on August 1, 2024. READ MORE

1:27 PM

Stock Market LIVE Updates: Barflex Polyfilms IPO Day 3; Subscription surpasses 6x, GMP at 17%

Stock Market LIVE Updates: The initial public offering (IPO) of COEX films, laminates, and labels maker Barflex Polyfilms, which opened for subscription on Friday, January 10, 2025, has so far received a decent response from investors. Barflex Polyfilms IPO has been oversubscribed by 6.20 times as of around 12:20 PM on Tuesday, January 14, according to data available on the National Stock Exchange (NSE). READ MORE

1:15 PM

Stock Market LIVE Updates: Jindal Stainless races 4% as Nuvama upgrades to 'Buy,' raises target price

Stock Market LIVE Updates: Stainless steel manufacturer Jindal Stainless shares soared as much as 4.10 per cent to an intraday high of Rs 632.55 on Tuesday, January 14, 2025. However, at 1:00 PM, Jindal Stainless shares were off day’s highs, and were trading 3.23 per cent higher at Rs 627.25. In comparison, BSE Sensex was trading 0.39 per cent higher at 76,625.82 levels. READ MORE

1:02 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty hold higher levels; off day's highs

Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 were trading higher on Tuesday, amid mixed global cues.

At 1 AM, the BSE Sensex was higher by 177.78 points, or 0.23 per cent, at 76,507.79, and the Nifty50 was at 23,155, up 69.65 points, or 0.3 per cent. 

 

12:53 PM

Stock Market LIVE Updates: Tembo Global group co to sign MoU with Maha govt for defence mfg facility in state

Stock Market LIVE Updates: Tembo Global Industries today informed that its group company, Tembo Defence Products Private Limited, invited to participate in the World Economic Forum in Davos, Switzerland, will sign a Memorandum of Understanding (MOU) with the Government of Maharashtra to establish a state-of-the-art defence manufacturing facility in the state. 

The company, in an exchange filing, said, "The group company of Tembo Global Industries Limited, Tembo Defence Products Private Limited, has been invited to participate in a significant event at the World Economic Forum in Davos, Switzerland. During this prestigious event, the company will sign a Memorandum of Understanding (MOU) with the Government of Maharashtra to establish a state-of-the-art defence manufacturing facility in the state".

 

12:48 PM

Stock Market LIVE Updates: Bajel Projects rallies 7% after order win from Adani Energy Solutions

Stock Market LIVE Updates: Bajel Projects shares were in high demand on Tuesday, after the company received a contract from Adani Energy Solutions. Bajel Projects share price rose 6.76 per cent to Rs 245.30 per share on the BSE in intraday trade. 

 

The project is an engineering procurement and construction (EPC) contract for a transmission line. It involves construction of 400KV D/C Raipur – Tiroda (Quad ACSR Moose) transmission lines in the state of Chhattisgarh and Maharashtra covering 217 kilometres. READ MORE

 

12:35 PM

Stock Market LIVE Updates: Angel One shares drop 7% in trade; here's how company fared in Q3FY25

Stock Market LIVE Updates: Angel One shares slipped 7 per cent in Tuesday's trade on BSE, logging an intraday low at Rs 2,273 per share. The selling pressure in the stock came after the company reported the smallest quarterly profit rise in Q3 since listing in 2020 on the backdrop of tighter regulations in the derivative sector. Sequentially too the company's financials looked weak. 

Around 10:43 AM, Angel One share price was down 2.95 per cent at Rs 2,372.05 per share on BSE. In comparison, the BSE Sensex was up 0.34 per cent at 76,589.49. The market capitalisation of the company stood at Rs 21,380.4 crore. The 52-week high of the stock was at Rs 3,893.45 per share and the 52-week low was at Rs 2,027.25 per share. READ MORE

 

 

12:30 PM

Stock Market LIVE Updates: 5paisa appoints Gaurav Seth as Chief Executive Officer, effective from January 14

Stock Market LIVE Updates: 5paisa today informed that it has appointed Gaurav Seth as chief executive officer of the company, effective from January 14.

The company, in an exchange filing, said, "We hereby inform you that based on the recommendation of Nomination & Remuneration (NRC) Committee, the Board of Directors at its meeting held today i.e. Tuesday, January 14, 2025, has considered and approved the appointment of Mr. Gaurav Seth as a Chief Executive Officer (CEO) of the Company with effect from January 14, 2025".

12:25 PM

Stock Market LIVE Updates: Laxmi Dental IPO Day 2; Subscription surpasses 7x, GMP zooms 33%

Stock Market LIVE Updates: The initial public offering (IPO) of Laxmi Dental, which opened for public subscription on Monday, January 13, 2025, continues to attract overwhelming investor interest on its second day. The Rs 698-crore public offering is available at a price band of Rs 407–Rs 428 per share, with a lot size of 33 shares.

 

As of 10:44 AM on January 14, the IPO has been oversubscribed 7.35 times, receiving bids for 6,59,16,576 shares against the 89,70,371 shares on offer, as per data from the National Stock Exchange (NSE). READ MORE