Stock Market Crash Highlights: Sensex tumbles 824 pts, Nifty at 22,829; all sectors end in red

Markets Today Crash Highlights:Broader markets also mirrored the benchmarks as the Nifty Smallcap100 and Nifty Midcap100 indices ended down by 3.84 per cent and 2.75 per cent, respectively

3:57 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The index has slipped from its recent consolidation on the daily chart, heightening pessimism across the Indian equity market. Sentiment is likely to favor bearish trades in the short term, particularly as long as the index remains below 23,000. On the lower side, the prevailing weakness could potentially lead to a decline toward 22,500.

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

3:44 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Broad-based selling across sectors plummeted the Indian market amidst tepid earnings and weak sentiments across the globe. Mid and small caps remained in their downward trajectory over expensive valuations. FIIs are on a selling spree due to moderation in economic growth and Rupee depreciation. The weak sentiments were further exacerbated as the US trade confrontation continued, like with Colombia this time. Heightened volatility is here to stay this week ahead the upcoming events risk like the FOMC meeting, expiry week, and Union budget.

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: HCLTech, Tech Mahindra, Wipro were among the top laggards at close. 

 

3:40 PM

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

Stock Market LIVE Updates: HCLTech, Tech Mahindra, Zomato were among the top losers on Sensex. 

 

3:38 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices BSE Midcap and Smallcap closed in red.

 

3:36 PM

Stock Market LIVE Updates: Nifty settles 263.05 pts lower at 22,829.15

Stock Market LIVE Updates: NSE Nifty closed 263.05 points or 1.14 per cent lower at 22,829.15.

 

3:34 PM

Stock Market LIVE Updates: Sensex closes 824.29 pts lower at 75,366.17

Stock Market LIVE Updates: BSE Sensex closed 824.29 points or 1.08 per cent lower at 75,366.17. 

 

3:27 PM

Stock Market LIVE Updates: KEI Industries falls 6% as stock trades ex-dividend date today; details

Stock Market LIVE Updates: Shares of cable and wire products company KEI Industries fell 6.21 per cent to an intraday low of Rs 3,985 on the BSE during Monday's intraday session, January 27, 2025.

The fall in the company's share price follows its announcement of dividend rewards for shareholders. KEI Industries, in a regulatory filing, informed the bourses that its board approved the payment of an interim dividend of Rs 4 per equity share with a face value of Rs 2 each for the financial year 2024-25. Read more

3:19 PM

Stock Market LIVE Updates: UltraTech in advanced talks to acquire HeidelbergCement in Rs 3,381 cr deal

Stock Market LIVE Updates: UltraTech Cement, a flagship company of the Aditya Birla Group and India’s largest cement manufacturer in terms of capacity, is reportedly in advanced discussions to acquire the Indian operations of HeidelbergCement, according to sources cited by Moneycontrol.

The deal could involve Heidelberg Materials Group’s 69.39 per cent stake in HeidelbergCement India Ltd, valued at around Rs 3,381 crore based on the January 24 closing price. Read more 

3:11 PM

Stock Market LIVE Updates: TVS Motor Q3 preview: Profit may rise up to Rs 659 cr, Revenue to jump 11%

Stock Market LIVE Updates: Two-wheeler maker TVS Motor Company is set to announce its Q3FY25 financial results on January 28, 2025. At 1:40 PM, the TVS Motor share was trading 1.36 per cent lower at Rs  2,239.70. In comparison, BSE Sensex was trading 1.08 per cent lower at 75,369.28 levels.

 

Analysts expect a healthy 10-11 per cent year-on-year revenue growth for TVS, driven by solid performance in the two-wheeler (2W) segment, alongside better realisations. Read more 

3:01 PM

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

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

At 3 PM, the BSE Sensex was lower by 800.65 points, or 1.05 per cent, at 75,389.81, and the Nifty50 was at 22,825.20, down by 267 points, or 1.16 per cent.

 

2:57 PM

Stock Market LIVE Updates: L&T, NTPC: Should you buy these 5 stocks on capex hike hope in Budget 2025?

Stock Market LIVE Updates: Finance Minister Nirmala Sitharaman to present the Union Budget 2025 on Saturday, February 01, 2025. The finance minister in the July Budget had said that the government will provide Rs 11.11 lakh crore for capital expenditure for 2024-25 and introduce viability gap funding to spur private investment in infrastructure.

Ratings agency ICRA in a note on Budget expectations said, the government should target a capital spending of Rs 11 trillion in the Budget for the next fiscal while giving inflation-adjusted relief on personal income tax to boost consumer spending.
 

In general, an increase in government capital expenditure (capex) benefits the economy by stimulating infrastructure development, creating jobs and boosting demand across sectors. Infra-related sectors especially road, railways and power tend to benefit, alongside a ripple effect to rural economy.

As such, here's a technical outlook on 5 stocks that could benefit from a potential hike in capex in Budget 2025. READ MORE

 

2:48 PM

Stock Market LIVE Updates: DLF shares gain 5% despite posting mixed Q3; profit up 63% YoY; rev flat

Stock Market LIVE Updates: DLF shares gained 5.2 per cent in trade on Monday, logging an intraday high at Rs 731.4 per share. The buying on the counter sparked despite the company posted mixed Q3 results. 

 

Around 1:07 PM, DLF share price was up 1.88 per cent at Rs 708.15 per share on BSE. In comparison, the BSE Sensex was down 0.98 per cent at 75,443.20. The market capitalisation of the company stood at Rs 1,75,573.86 crore. The 52-week high of the stock was at Rs 967 per share and the 52-week low was at Rs 689.9 per share. READ MORE

 

2:41 PM

Stock Market LIVE Updates: Govt expedites hiring to tackle 86% vacant director posts in central PSUs

Stock Market LIVE Updates: As of December 2024, nearly 86 per cent of independent director positions in Central Public Sector Enterprises (CPSEs) remained vacant, a sharp rise from 59 per cent just two months prior. This situation has prompted the government to accelerate the recruitment process, according to a report in The Economic Times, citing sources.

Official data reveals that 648 of approximately 750 independent or non-official director roles on CPSE boards were unfilled by the end of December. This represents a significant increase from 392 vacancies in September and 441 in October, largely due to the expiry of many directors' terms in recent months.

To address the pressing issue, urgent measures are being taken to fill approximately 200 vacancies across the boards of 64 listed CPSEs, a senior official told ET. READ MORE
 

 

2:37 PM

Stock Market LIVE Updates: Kotak Mahindra AMC launches BSE Sensex Index Fund; check key details

Stock Market LIVE Updates: Kotak Mahindra Asset Management Company has announced the launch of the Kotak BSE Sensex Index Fund, an open-ended scheme replicating or tracking the BSE Sensex Index. The new fund offer (NFO) opened today, January 27, 2025, and will close on February 10, 2025. 

This is an open-ended scheme that follows a passive investment strategy replicating or tracking the BSE Sensex Index. And, to achieve the investment objective, the scheme will follow a passive investment strategy with investments in stocks in the same proportion as in the BSE Sensex Index. READ MORE

 

2:30 PM

Stock Market LIVE Updates: 61% of equity MFs outperform benchmarks in Dec 2024, flexi cap funds lead

Stock Market LIVE Updates: Over 60 per cent of equity mutual fund have outperformed their respective benchmarks over the past one month, ending December 31, 2024, said Prabhudas Lilladher’s wealth management arm, in its latest study on mutual fund performance.This means that 177 out of 291 funds performed better than their benchmarks in the last month of 2024.

 

As per the analysis, the AUM (assets under management) of equity mutual funds have witnessed a moderate growth of 0.41% sequentially to Rs 25,84,851 crore in December 2024 from Rs 25,74,205 crore in November 2024 excluding Sectoral / Thematic Funds). READ MORE

2:24 PM

Stock Market LIVE Updates: Adani Group Co, ACC's Q3 PAT more than doubles to Rs 1,089 crore YoY

Stock Market LIVE Updates: Adani Group's cement company ACC limited today informed that its Q3 FY25 revenue from operations came in at Rs 5,175.96 crore, rising by 6.52 per cent year-on-year from Rs 4,859.20 crore in the year ago period.

The company's profit before tax stood at Rs 1,475.32 crore, rising from Rs 718.89 crore in the year-ago period

Its profit after tax more than doubled YoY to Rs 1,089.07 crore, from Rs 527.46 crore in the year-ago period

 

2:22 PM

Stock Market LIVE Updates: HeidelbergCement India surges 13% on heavy volumes in weak market; details

Stock Market LIVE Updates: HeidelbergCement India share price surged 13 per cent to Rs 242.78 on the National Stock Exchange (NSE) in Monday's intraday trade, outperforming in a weak market on the back of heavy volumes.

At 12:42 PM, the stock was trading 5 per cent higher at Rs 226.15 as compared to 0.95 per cent decline in Nifty 50. The Nifty Midcap 100 and Nifty Smallcap 100 index, meanwhile, were down 2.5 per cent and 3.6 per cent, respectively.
 

A combined 4.62 million equity shares, representing 6.7 per cent of total free-float equity of Heidelberg Cement India, have changed hands on the NSE and BSE thus far in trades. Notably, promoters held 69.39 per cent stake in the company at the end of Q3. READ MORE

 

2:13 PM

Stock Market LIVE Updates: L&T awarded EPC deal for North Site of world's first 24/7 Solar PV and BESS project

Stock Market LIVE Updates: Larsen & Toubro today informed that its renewables business vertical has been selected by Masdar, as one of the preferred Engineering, Procurement and Construction (EPC) contractors for the north site of the world's first 24/7 solar PV and battery storage gigascale project which will be built in Abu Dhabi.

Abu Dhabi Future Energy Company PJSC - Masdar, the UAE’s clean energy leader, in collaboration with EWEC (Emirates Water and Electricity Company), announced at Abu Dhabi Sustainability Week (ADSW) that it is developing the gigascale project, capable of delivering up to 1 gigawatt (GW) of baseload power 24 hours a day, seven days a week, the company said in an exchange filing.

The project will feature a 5.2GW (DC) solar photovoltaic (PV) plant and both coupled with a 19 gigawatt-hour (GWh) BESS, making it the largest solar and BESS project in the world. The project will constitute a north site and a south site, amounting to 2.6GW and 9.5GWh PV capacity each, it added.

 

2:06 PM

Stock Market LIVE Updates: Canara bank Q3FY25 net profit rises 12.25% YoY to Rs 4,104 crore

Stock Market LIVE Updates: Canara Bank today informed that its operating Profit stood at Rs 7,837 crore, growing by 15.15 per cent YoY

Net Profit for stood at Rs 4,104 crore, growing by 12.25 per cent YoY

Domestic Deposit of the Bank stood at Rs 12,57,426 crore as at December 2024 with growth of 7.76 per cent  (Y-o-Y) 

Domestic Advances(gross) of the Bank stood at Rs 9.9 lakh crore as at December 2024, growing by 9.55 per cent (Y-o-Y)

Retail lending Portfolio increased to Rs 2.08 lakh crore, growing by 35.46 per cent (Y-o-Y)

Housing Loan Portfolio increased by 12.26 per cent (Y-o-Y) to Rs 1.03 lakh crore

Gross Non-Performing Assets (GNPA) ratio improved at 3.34 per cent as at December 2024, reducing from 3.73 per cent as at September 2024, and 4.39 per cent as at December 2023

Net Non-Performing Assets (NNPA) ratio improved to 0.89 per cent as at December 2024 reduced from 0.99 per cent as at September 2024, and 1.32 per cent as at December 2023

Provision Coverage Ratio (PCR) stood to 91.26 per cent as at December 2024, against 90.89 per cent as at September 2024, and 89.01 per cent as at
December 2023

2:02 PM

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

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

At 2 PM, the BSE Sensex was lower by 730.31 points, or 0.96 per cent, at 75,460.15, and the Nifty50 was at 22,856.90, down by 235.30 points, or 1.02 per cent.

 

1:53 PM

Stock Market LIVE Updates: Govt invites applications for Sebi chief post as Buch's term ends on Feb 28

Stock Market LIVE Updates: With less than a month left in the current tenure of Madhabi Puri Buch as the chairperson of the Securities and Exchange Board of India (Sebi), the Ministry of Finance has invited fresh applications for the post. The last day for submission of applications is February 17.

 

The current chairperson’s tenure ends on February 28. Buch took charge of the board on March 1, 2022, and was the first person from the private sector and the youngest to hold the position. She is also the first woman to chair the market regulator. She had earlier served as the whole-time member of Sebi from April 2017 to October 2021.

 

 

An extension in the term cannot be ruled out if a suitable candidate is not found before Buch's term ends. Market watchers believe several bureaucrats could be in the fray. READ MORE

 

 

1:50 PM

Stock Market LIVE Updates: Supriya Lifescience plummets 6% after Q3FY25 results

Stock Market LIVE Updates: Supriya Lifescience share slipped 5.65 per cent at Rs 661.20 a piece on the BSE in Monday’s intraday trade despite the pharma company reporting strong quarterly earnings for the financial year 2024-25 (Q3FY24). The company reported a 33 per cent year-on-year (Y-o-Y) increase in revenue, surging to Rs 185.65 crore compared to Rs 140.07 crore in the same quarter last year.  

The company's earnings before interest tax, depreciation and amortisation (Ebitda) saw remarkable growth of 59 per cent Y-o-Y, reaching Rs 65.95 crore, with an impressive margin expansion of 591 basis points to 35.5 per cent. Read more 

 

1:46 PM

Stock Market LIVE Updates: Bajaj Housing Finance shares drop 4% ahead of Q3 results

Stock Market LIVE Updates: Bajaj Housing Finance shares slipped 3.9 per cent in trade on Monday, logging an intraday low at Rs 104.8 per share. The selling pressure in the stock was ahead of the company announcing its Q3 results. The stock is currently trading over 51 per cent higher from its issue price of Rs 70 per share and 29 per cent below its listing price of Rs 150.

 

Around 1:42 PM, Bajaj Housing Finance shares were down 2.75 per cent at Rs 106.15 per share on BSE. In comparison, the BSE Sensex was down 1.03 per cent at 75,406.87. Read more 

1:41 PM

Stock Market LIVE Updates: Laurus Labs plunges 15% as analysts warn of overvaluation; buy, sell, hold?

Stock Market LIVE Updates: Laurus Labs share slipped 15 per cent at Rs 510.60 a piece on the BSE in Monday’s intraday trade. This came after analysts post the Q3FY25 results reckoned that the company’s valuation is at a premium to its competitors. 

 

After the Q3 results, analysts at Kotak Institutional Equities (KIE) highlighted that going forward barring the animal healthcare and later the crop science contracts in FY2026, more clarity is awaited on other human CDMO contracts. And at 65 times the FY26 price to earnings multiple, they believe that the long-anticipated earnings recovery is fully factored in. Read more 

1:36 PM

Stock Market LIVE Updates: IDFC First Bank slips 8% after posting Q3 nos; net profit declines 53% YoY

Stock Market LIVE Updates: IDFC First Bank shares slipped 8.4 per cent in trade on Monday, logging an intraday low at Rs 57.46 per share. The counter saw selling after the company registered a 53 per cent decline in net profit at Rs 339 crore for the third quarter that ended December 2024 as compared to Rs 716 crore in the same quarter a year ago.

 

Around 12:18 PM, IDFC First Bank share price was down 7.77 per cent at Rs 57.43 per share on BSE. In comparison, the BSE Sensex was down 0.83 per cent at 75,561.03. Read more  

1:27 PM

Stock Market LIVE Updates: CDSL share price tanks 9% as Q3 profit plunges 20% sequentially

Stock Market LIVE Updates: Shares of Central Depository Services (CDSL) plunged 9.45 per cent to a low of Rs 1,358.35 on the National Stock Exchange (NSE) during intra-day deals on Monday, January 27, 2025.

The fall in the CDSL share price came after the company posted weak financial results for the third quarter of FY25 on a sequential basis. During the quarter under review, the company’s consolidated profit dropped 19.7 per cent quarter-on-quarter (Q-o-Q) to Rs 130.1 crore from Rs 162 crore in Q2FY25. Read more

1:19 PM

Stock Market LIVE Updates: Tata Motors, IndusInd Bank, Axis Bank, Jio Fin, others hit 52-week lows

Stock Market LIVE Updates: Shares of Tata Motors, IndusInd Bank, Axis Bank, Jio Financial Services and Tube Investments of India from the BSE 100 index have hit their respective 52-week lows in Monday’s intra-day trades, on continued selling of equities by foreign portfolio investors (FPIs).

 

MRF, Astral, 3M India, Adani Wilmar, Godrej Properties, IDFC First Bank, Star Healthcare Insurance, Sona BLW Precision Forgings and Procter & Gamble Hygiene & Health Care from the BSE 200 index hit their 52-week lows. READ MORE

 

1:11 PM

Stock Market LIVE Updates: Mitsu Chem launches healthcare-focused furniture brand Furnastra

Stock Market LIVE Updates: Mitsu Chem Plast, a global leading player in polymer-based molded products, today announced the launch of a dedicated healthcare furniture brand, called Furnastra.

The company, in an exchange filing, said, the products under the brand are durable, high-performance solutions designed to handle the toughest demands of healthcare environments, while having modern, ergonomic innovations that combine functionality with patient comfort, elevating care experiences.

The company added that products under the brand are custom solutions crafted to meet the evolving needs of healthcare spaces, ensuring adaptability and excellence.

 

1:02 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty trade lower

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

At 1 PM, the BSE Sensex was lower by 717.44 points, or 0.94 per cent, at 75,473.02, and the Nifty50 was at 22,863.20, down by 229 points, or 0.99 per cent.