Stock Market Highlights: Sensex adds 454 pts, Nifty ends near 23,350; banks, metals, financials lead

Stock Market Highlights, January 20, 2025: Indian markets closed on a positive note on Monday with the 30-share Sensex gaining 454 points or 0.59 per cent to settle at 77,378.91

Stock Market Highlights, Monday, January 20, 2025: Indian markets closed on a positive note on Monday with the 30-share Sensex gaining 454 points or 0.59 per cent to settle at 77,073.44. The index traded in the range of 76,584.84- 77,318.94 today.  

NSE Nifty50 also settled in the green zone  at 23,344.75 with gains of 141 points or 0.61 per cent. Nifty50 was seen at the day's high of 23,391.10, while the day's low was quoted at 23,170.65.

 

29 out of 50 constituent stocks of Nifty50 ended in the positive territory with the gains led by Kotak Mahindra Bank, Wipro, Bajaj Finance, Bajaj Finserv, NTPC, SBI, Adani Enterprises, Bharat Electronics and BPCL. Conversely, SBI Life, Trent, Shriram Finance and Adani Ports were among the 21 stocks that ended in the red, while one stock remained unchanged.

 

Among the broader markets, Nifty Midcap100 ended up 0.91 per cent at 55,106.20 , while Nifty Smallcap100, on the other hand, ended with gains of 1.09 per cent at 17,864.65.

 

The Nifty sectoral indices showed a mixed trend, with Nifty Private Bank leading gains at 2.38 per cent, followed by Nifty PSU Bank (1.99 per cent) and Nifty Bank (1.67 per cent). Financials, metals, and healthcare also advanced, with Nifty Financial Services up 1.41 per cent and Nifty Metal gaining 1.08 per cent.  IT and realty posted modest gains, while Nifty Auto and Nifty FMCG slipped 0.52 per cent and 0.11 per cent, respectively. 

3:44 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: A strong positive sentiment from Asian markets bolstered domestic markets, starting the week on a healthy note. Further, a robust initial set of earnings from the banking and financial sectors triggered a broad-based rally, driven by the likelihood of improved earnings in the near future. However, uncertainties surrounding Trump's policies continue to linger, with investors eagerly waiting for more clarity. Oil prices remaining high is another key concern.

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

3:42 PM

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

Stock Market LIVE Updates: Kotak Mahindra Bank, Wipro, Bajaj Finace were among the top gainers. Here's a heat map

 

3:40 PM

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

Stock Market LIVE Updates: Kotak Mahindra Bank, Bajaj Finance, Bajaj Finserv were among the top gainers on Sensex. 

 

3:38 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: BSE Midcap and Smallcap closed in green. 

 

3:35 PM

Stock Market LIVE Updates: Nifty50 finishes 141.55 pts higher at 23,344.75

Stock Market LIVE Updates: NSE Nifty 50 settled 141.55 points or 0.61 per cent higher at 23,344.75.

 

3:34 PM

Stock Market LIVE Updates: Sensex closes 454.11 pts higher at 77,073.44

Stock Market LIVE Updates: BSE Sensex settled 454.11 points or 0.59 per cent higher at 77,073.44.

 

3:27 PM

Stock Market LIVE Updates: Dr Reddy's Labs Q3 Preview: Revlimid to dent US sales, profits may rise 12%

Stock Market LIVE Updates: Indian pharmaceutical (IT) major, Dr Reddy’s Laboratories, is scheduled to deliver its October-December quarterly earnings for the financial year 2024-25 (Q3FY25) on Thursday, January 23, 2025. Read more 

3:23 PM

Stock Market LIVE Updates: Vedanta quotes higher for fifth straight trading day; surges 12% in 1 week

Stock Market LIVE Updates: Shares of Vedanta have moved higher by 2 per cent to Rs 464 on the BSE in Monday’s intra-day trade, extending their past four days' gains, on expectations of an improvement in the company's consolidated operating profitability (earnings before interest, tax, depreciation and amortisation (Ebitda). Read more  

3:17 PM

Stock Market LIVE Updates: Karur Vysya Bank shares rise 5% as Q3 profit up 21%, asset quality improves

Stock Market LIVE Updates: Karur Vysya Bank share price zoomed 4.9 per cent intraday to hit a high of Rs 228.9 per share on the National Stock Exchange (NSE) on Monday, January 20, 2025. This surge in the bank’s share price came after the lender reported a healthy set of financial results for the December quarter (Q3FY25). Read more 

3:08 PM

Stock Market LIVE Updates: NMDC to extract diamonds worth $3.4 mn from mine near tiger reserve in MP

Stock Market LIVE Updates: India's state-run miner NMDC is expected to extract 6,500 carats of diamonds, worth $3.4 million, this fiscal year from ores in a mine near a tiger reserve, after receiving mining clearances last year, as per reports. 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 Monday, amid positive global cues. 

At 3 PM, the BSE Sensex was higher by 576.47 points, or 0.75 per cent, at 77,195.80, and the Nifty50 was at 23,358.20, ahead by 155 points, or 0.67 per cent.

 

2:58 PM

Stock Market LIVE Updates: Voda Idea stock tops Rs 10-mark after 16 weeks; chart say can rise more 23%

Stock Market LIVE Updates: Vodafone Idea stock today, on Monday, topped the Rs 10-mark for the first time since October 04, 2024; i.e. after 16 trading weeks. Prior to which, the Voda Idea stock had consistently managed to sustain above this psychological mark for more than a year.

Today's 15 per cent surge was triggered on reportsthat the government was considering a proposal to waive 50 per cent of interest and 100 per cent of penalties and interest on penalties that make up a bulk of the AGR dues levied on telcos.
 

The stock has soared as much as 35 per cent in the last five trading sessions, from a level of Rs 7.74 to a high of Rs 10.47. Amid this rally, Voda Idea stock has also crossed its 100-DMA (Daily Moving Average) for the first time since September 2024. READ MORE

 

 

2:53 PM

Stock Market LIVE Updates: HUL Q3 preview: Analysts see muted quarter; PAT may rise 2% YoY, revenue 1%

Stock Market LIVE Updates: Hindustan Unilever (HUL), which owns brands like Dove, Vim, Surf Excel, and Horlicks, is scheduled to release its third quarter (Q3FY25) earnings on Wednesday, January 22, 2025.

Brokerages tracked by Business Standard estimate HUL's adjusted profit after tax (PAT) at Rs 2,577.97 crore, on average, implying a rise of 1.89 per cent year-on-year (Y-o-Y) as compared to Rs 2,530 crore a year ago. On a quarter-on-quarter (Q-o-Q) basis, PAT is likely to slip marginally by 0.84 per cent.

The company's revenue, on average, for the third quarter ended December 31, 2024, is anticipated at Rs 15,688.22 crore as compared to Rs 15,570 crore a year ago, which implies a rise of 0.75 per cent Y-o-Y. Sequentially, revenue may decline by 1.5 per cent. READ MORE

 

2:50 PM

Stock Market LIVE Updates: Zydus Life up 2% on USFDA nod for Phase II(b) clinical trial for Usnoflast

Stock Market LIVE Updates: Pharmaceutical company Zydus Life shares rose up to 1.93 per cent to hit an intraday high of Rs 1,013.35 per share on Monday, January 20, 2025. 

 

The rise in the Zydus Life share price came after the company announced that it has received approval from United States Food and Drug Administration (USFDA) to conduct Phase II(b) clinical trial for Usnoflast, a novel oral NLRP3 inflammasome inhibitor in patients with Amyotrophic Lateral Sclerosis (ALS). READ MORE

 

2:40 PM

Stock Market LIVE Updates: BSE stock hits new high, up 140% in less than six months; what lies ahead?

Stock Market LIVE Updates: BSE stock has witnessed a phenomenal 140 per cent rally on the bourses since the end of July 2024. The stock from levels of Rs 2,556 has soared to hit a new high of Rs 6,133 on Monday. Over the last four years, BSE has zoomed almost 3,200 per cent or grown 33-fold from levels of Rs 185.

As of 12.20 PM, BSE stock had pared gains and slipped into red, down 09 per cent at Rs 5,945, in intra-day deals on Monday. The counter had seen trades of around 900,000 shares on the NSE, and its market cap stood around Rs 80,600 crore. READ MORE