Stock Market Close Highlights: Sensex bounces back, gains 535pts as banks rally; Nifty at 22,957

Markets Today Highlights: Banking stocks stole the show in the sectoral markets, with Nifty Bank, PSB, and private bank indices each ending higher by over 1 per cent

4:00 PM

Stock Market LIVE Updates: Expert view

Stock Market LIVE Updates: Markets witnessed volatility but managed to close in positive territory, taking a breather after Monday’s decline. Despite weak global cues, the benchmark displayed resilience, inching higher for most of the session. However, a sharp dip in the final half-hour erased a significant portion of the gains. Ultimately, the Nifty index settled at 22,957.25, up 0.56 per cent. 
 

On the sectoral front, rate-sensitive sectors like realty, banking, and auto outperformed, driven by the RBI’s announcement of measures to enhance liquidity. Conversely, pharma and energy sectors faced selling pressure. Broader markets continued to underperform, with the midcap index losing nearly half a percent and the small-cap index declining by about two percent.
 

Markets have repeatedly struggled to sustain recovery attempts, and this session was no exception. Ongoing caution ahead of the Union Budget, a mixed earnings season, and weak global cues are further unsettling participants. We maintain our “sell on rise” stance for the index and emphasize the importance of robust risk management, particularly in broader market segments like midcaps and small caps, while awaiting clearer signals.

View by Ajit Mishra – SVP, Research, Religare Broking Ltd

3:59 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The national benchmark indices demonstrated optimism today, primarily driven by gains in the banking sector following the RBI's announcement of open market interventions to address liquidity concerns.  Large-cap stocks outperformed, as their valuations have now reached fair levels and are further supported by expectations that the market correction is nearing its bottom. In contrast, mid- and small-cap stocks continued to decline, as they remain overvalued. However, volatility is expected to remain elevated in the near-term in anticipation of the upcoming Union Budget, the FOMC meeting, and the F&O expiry.

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

3:43 PM

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

Stock Market LIVE Updates: Bajaj Finance, Axis Bank, Shriram Finance were among the top gainers on Nifty. 

3:41 PM

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

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

 

3:39 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: BSE Midcap and Smallcap finishedin red. 

3:37 PM

Stock Market LIVE Updates: Nifty 50 settles 128.10 pts higher at 22,957.25

Stock Market LIVE Updates: NSE Nifty 50 closes 128.10 points or 0.56 per cent higher at 22,957.25. 

3:35 PM

Stock Market LIVE Updates: Sensex ends 535.24 pts higher at 75,901.41

Stock Market LIVE Updates: BSE Sensex closes 535.24 points or 0.71 per cent higher at 75,901.41.

 

3:33 PM

Stock Market LIVE Updates: Apar Industries shares tank 20% on disappointing December quarter results

Stock Market LIVE Updates: Shares of Apar Industries tanked 20 per cent to Rs 7,173 on the BSE in Tuesday’s intra-day trade in an otherwise firm market after the company reported a 19.7 per cent year-on-year (YoY) decline in profit after tax (PAT), at Rs 175 crore in the December 2024 quarter (Q3FY25). 

The stock hit a seven month low, and was trading at its lowest level since June 2024. It slipped 39 per cent from its 52-week high level of Rs 11,797.25, on January 8, 2025. In comparison, the BSE Sensex was up 1.1 per cent at 76,197 at 01:26 PM. Read more 

3:31 PM

Stock Market LIVE Updates: Arvind Q3 profit jumps 13% on strong festive demand for textiles

Stock Market LIVE Updates: Indian clothing retailer Arvind Ltd reported a 13 per cent rise in its third-quarter profit on Tuesday, boosted by strong demand for textiles during the festive season.

 

The company, which retails international brands including Tommy Hilfiger, Arrow, and Calvin Klein, posted a consolidated net profit of Rs 103 crore ($11.90 million) in the quarter ended Dec. 31, up from Rs 91.7 crore a year earlier. Read more

3:15 PM

Stock Market LIVE Updates: Cipla Q3 result: PAT soars 48.7% to Rs 1,570.5 cr , revenue grows 7.1%

India’s third-largest pharmaceutical company, Cipla, posted a 48.7 per cent year-on-year (Y-o-Y) growth in its consolidated profit after tax (PAT) at Rs 1,570.5 crore for Q3FY25, while revenue from operations during the period grew by 7.1 per cent to Rs 7,073 crore.

 

Sequentially, revenue from operations grew by 0.3 per cent, while PAT rose by 20.6 per cent.

 

Cipla's stock was up 3 per cent during the day’s trade on the BSE in the afternoon.

 

The firm’s Ebitda (earnings before interest, tax, depreciation, and amortisation) increased by 14.4 per cent Y-o-Y, reaching Rs 2,210.5 crore. Profit exceeded Bloomberg estimates by 0.26 per cent, while revenue was in line with expectations. Read more

3:00 PM

Stock Market LIVE Updates: Tata Motors Q3 Preview; here's what to expect from auto major in Dec qtr

Automobile major Tata Motors is expected to announce its December quarter results on January 29, 2025. The company‘s Q3 performance is expected to show varied results across its segments, with revenue growth driven by the strength in JLR and the India passenger vehicle (PV) divisions. 

 

Analysts project a consolidated revenue of around Rs 1,12,248 crore-Rs 1,18,340 crore, reflecting a growth in the range of 1.5-7 per cent Y-o-Y. 

 

The profitability for the quarter may face challenges, with adjusted PAT forecasts indicating a 5-14 per cent Y-o-Y decline, reflecting weaker operating leverage and market conditions. Read more

2:45 PM

Stock Market LIVE Updates: Route Mobile shares down 5% after profit slips in Q3 results; revenue up 4%

Route Mobile share price slipped 5.46 per cent at Rs 1,134.10a piece on the BSE in Tuesday’s intraday trade after the company delivered a decline in net profit in the third quarter of financial year 2024-25 (Q3FY25). 

 

The company posted a 3.8 per cent year-on-year (Y-o-Y) increase in revenue from operations for Q3 FY25, reaching Rs 1,183.79 crore, compared to Rs 1,140.31 crore in Q3 FY24. 

 

However, total expenses rose by 17.1 per cent Y-o-Y to Rs 1,085.47 crore, up from Rs 927.22 crore in the same quarter last year. Due to higher expenses, the company’s profit for the period declined by 24.8 per cent Y-o-Y, coming in at Rs 85.47 crore, compared to Rs 113.64 crore in Q3 FY24. Read more

2:43 PM

Stock Market LIVE Updates: TVS Motor Q3 result; net profit up 20% at Rs 609.35 cr on higher sales

TVS Motor Company on Tuesday reported a 20 per cent rise in consolidated net profit to Rs 609.35 crore in the December quarter, riding on higher sales.

 

The company posted a consolidated net profit of Rs 509.61 crore in the same quarter last fiscal, TVS Motor Company said in a regulatory filing.

 

Consolidated revenue from operations in the third quarter stood at Rs 11,134.63 crore against Rs 10,113.94 crore in the year-ago period, it added.

 

Total expenses in the October-December quarter were higher at Rs 10,272.62 crore compared to Rs 9,362.83 crore in the same period a year ago. Read more

2:22 PM

Stock Market LIVE Updates: Tips Music falls 5% as stock trades ex-dividend date today; details

Stock Market LIVE Updates: Shares of media and entertainment company Tips Music fell 5.33 per cent to today's low of Rs 595.80 apiece on the National Stock Exchange (NSE) during intra-day deals on Tuesday, January 28, 2025. The fall in the company's share price aligns with its announcement of dividend rewards for its shareholders, as the company's shares turned ex-dividend today.

 

Notably, Tips Music, in an exchange filing, informed the bourses that its Board of Directors declared a third interim dividend for the financial year 2024-2025 of Rs 3 per equity share (i.e., 300 per cent) on the fully paid-up equity shares of the face value of Re 1 per share. The record date to determine the eligibility of shareholders' participation towards the payment of Interim Dividend is also today, January 28. READ MORE

 

 

2:01 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty maintain higher levels

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

At 2 PM, the BSE Sensex was higher by 885.31 points, or 1.17 per cent, at 76,251.48, and the Nifty50 was at 23,05.80, up 228.65 points, or 1 per cent.

 

1:55 PM

Stock Market LIVE Updates: DLF shares: Dahlias' strong pre-sales trigger bullish calls by analysts

Stock Market LIVE Updates: Analysts remain optimistic about real estate major DLF, with the company's strong pre-sales performance in the December quarter of FY25 (Q3FY25) driven by the launch of Dahlia. 

Kotak Institutional Equities highlighted that DLF recorded strong pre-sales of Rs 12,100 crore for Q3FY25, reflecting a 34 per cent year-on-year (Y-o-Y) growth. A major portion of this growth, Rs 11,800 crore, analysts highlighted, came from the Dahlia launch.
 

With a total of Rs 19,200 crore in pre-sales for the first nine months of FY25, DLF has already surpassed its full-year guidance of Rs 17,000 crore, they noted. READ MORE

 

1:43 PM

Stock Market LIVE Updates: Budget may provide triggers for the market, says Naveen Kulkarni, Axis Sec PMS

Stock Market LIVE Updates: The budget could provide the next set of triggers for the market and revive investor confidence, which has taken a beating in the last three months, says Naveen Kulkarni, chief investment officer at Axis Securities PMS. READ MORE

1:37 PM

Stock Market LIVE Updates: ITC, UB, Delta Corp: Trading strategies for sin stocks ahead of Budget 2025

Stock Market LIVE Updates: Shares of alcohol, tobacco and gambling related companies are considered as 'sin' stocks by ethical investors due to the perception of profiting from human weaknesses and vices. These companies are highly regulated, taxed compared to other companies. READ MORE

 

1:30 PM

Stock Market LIVE Updates: Updater Services share skyrockets 12% after solid Q3 show; profit up 52%

Stock Market LIVE Updates: Updater Services share price gained 12 per cent at Rs 360 a piece on the BSE in Tuesday’s intraday trade after the company delivered a solid financial performance in the third quarter of financial year 2024-25 (Q3FY25). READ MORE

1:18 PM

Stock Market LIVE Updates: HDFC Bank, Axis Bank, others rise as RBI announces liquidity measures

Stock Market LIVE Updates: Nifty Bank and Nifty Financial Services gained 2.1 per cent each in Tuesday's (January 28, 2025) trade after the Reserve Bank of India (RBI) announced a three-pronged measure to address tight liquidity conditions in the banking system. 

Around 11:37 AM, among the banking stocks on the Nifty Bank index, HDFC Bank, Axis Bank gained over 3 per cent, IDFC First Bank, ICICI Bank and AU Small
Finance Bank gained over 2 per cent and Bank of Baroda and IndusInd Bank rose over 1 per cent. On the index 8 stocks advanced and 4 declined. 

Similarly, on the Nifty Financial Service index, among others, Cholamandalam Investment and Finance was up over 4 per cent, Bajaj Finserv and Shriram Finance was up over 1 per cent. 
 

On Monday, the central bank announced open market operations (OMO) to purchase government securities worth Rs 60,000 crore in three tranches of Rs 20,000 crore each on January 30, February 13, and February 20. READ MORE

 

1:11 PM

Stock Market LIVE Updates: Aditya Birla Sun Life share plummets 8% after Q3 results; here's why

Stock Market LIVE Updates: Aditya Birla Sun Life AMC share price dipped 8.45 per cent at Rs 588.90 a piece on the BSE in Tuesday’s intraday trade. This came after investors booked profits in the stock despite the company, a subsidiary of Aditya Birla Capital, reporting a 7.3 per cent increase in net profit for the third quarter ending December 31, 2024. 

 

The company's net profit stood at Rs 224.5 crore, compared to Rs 209.3 crore during the same quarter last year. Revenue from operations also grew 30.3 per cent, reaching Rs 445.1 crore, up from Rs 341.5 crore in Q3FY24. READ MORE

 

1:04 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty maintain higher levels

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

At 1:02 PM, the BSE Sensex was higher by 854.45 points, or 1.13 per cent, at 76,220.62, and the Nifty50 was at 23,044.90, up 215.75 points, or 0.95 per cent.

 

12:59 PM

Stock Market LIVE: SpiceJet to re-induct 1st grounded 737 MAX on Jan 29, to re-deploy 10 aircraft by mid-Apr

Stock Market LIVE Updates: SpiceJet informed today that it will re-induct its first ungrounded Boeing 737 MAX aircraft into operations starting January 29, 2025. 

The airline had recently entered into services agreements with StandardAero Inc., a leading maintenance, repair, and overhaul (MRO) provider, and CFM International, Inc., the OEM for LEAP-1B engines, to facilitate the restoration of its MAX fleet.

Under its ongoing fleet restoration plan, the airline aims to bring ten aircraft, including four Boeing 737 MAX planes, back into service by mid-April 2025 and this is the first 737 MAX aircraft to be brought back under the exercise, the company said in an exchange filing.
 

The addition of the MAX aircraft will enable SpiceJet to operate to high-demand markets such as Jeddah and Riyadh without any operational restrictions, it added. 

12:49 PM

Stock Market LIVE Updates: Gensol EV gets 30,000 pre-orders for EZIO and EZIBOT from existing fleet operators

Stock Market LIVE Updates: Gensol Engineering informed today that its subsidiary Gensol Electric Vehicles, launched its micro urban mobility compact electric vehicle, ‘EZIO’ and a last-mile delivery and cargo electric vehicle ‘EZIBOT’ at the Bharat Mobility Global Expo 2025. 

The company announced that it has received 30,000 pre-orders for EZIO and EZIBOT from existing fleet operators, highlighting the strong market demand and trust in its innovative mobility solutions.

The vehicles cater to specific urban requirements and underscore Gensol EV's commitment to developing world-class products in India, ready for global adoption and scale.

EZIO is a 2-door, 2-seater electric vehicle designed for city commuting. It is a first of its kind EV that features an innovative reverse trike design that optimises energy efficiency, reduces vehicle weight, and enhances stability—making it the ideal solution for fleet operators and shared mobility users navigating urban traffic.

 

12:45 PM

Stock Market LIVE Updates: Policybazaar owner PB Fintech's Q3 PAT may rise 86% YoY, rev 44%: Analysts

Stock Market LIVE Updates: PB Fintech, which owns and operates PolicyBazaar is all set to release its third quarter (Q3FY25) results on Thursday, January 30, 2025.

Brokerages tracked by Business Standard estimate the revenue of PB Fintech to grow 44.1 per cent year-on-year (Y-o-Y), on an average, to Rs 1,255.03 crore as compared to Rs 870.9 crore a year ago. On a quarter-on-quarter (Q-o-Q) basis, revenue is forecasted to rise 7.5 per cent.
 

Further, PB Fintech's bottom line or profit after tax (PAT) for the quarter that ended December 31, 2024, is estimated to grow 86 per cent to Rs 70.7 crore, on average, as compared to Rs 38 crore a year ago. On a quarterly basis, the PAT is expected to grow 39.4 per cent. READ MORE

 

 

12:35 PM

Stock Market LIVE Updates: Smallcap extends fall, down 4%; Anant Raj, Netweb, Newgen tank up to 20%

Stock Market LIVE Updates: Shares of smallcap companies have continued to remain under pressure, with the BSE Smallcap index declining 4 per cent in Tuesday’s intra-day trade so far. The index has extended its past two day’s fall of 6 per cent, as foreign portfolio investors (FPIs) extended their selling streak amid concerns over an earnings growth slowdown.  

 

The BSE Small index hit an intra-day low of 46,475.43 on the BSE. It is trading at its lowest level since June 6, 2024, when the index had hit a low of 47,386.41 in intra-day trades then. A total of 204 stocks from the index have hit their respective 52-week lows today. READ MORE

 

12:27 PM

Stock Market LIVE Updates: Can DeepSeek sparked AI sell-off dent Indian IT shares? Tech view here

Stock Market LIVE Updates: Technology-laced US-based NASDAQ tumbled over 3 per cent in trades on Monday, dragged by a massive fall in AI (Artificial Intelligence) giant Nvidia shares, which cracked as much as 17 per cent. The sharp fall in Nvidia shares saw it market value erode by nearly $600 billion in a single day.

The fall in US-based chipmakers stocks was attributed to the emergence of low-cost China-based AI start-up DeepSeek. Back home, on the bourses, the Nifty IT index rose around 1 per cent as stocks bounced back from the previous day's sell-off. At 10:30 AM, the IT index had pared gains and was up 0.3 per cent around 42,200 levels led by gains in Infosys and TCS.

 

Meanwhile, can the sell-off in the US IT stocks impact sentiment at Indian tech shares? Here's what the technical charts suggest. READ MORE

 

12:14 PM

Stock Market LIVE Updates: RailTel Corp share drops 8% after margins dip in Q3 show; know more

Stock Market LIVE Updates: RailTel Corporation of India share slipped 7.69 per cent at Rs 336.10 a piece on the BSE in Tuesday’s intraday trade after the public sector enterprise released its financial results for the third quarter ending December 31, 2024 (Q3FY25), on Monday, revealing a decline operating margins.

 

RailTel Corporation’s net profit rose by 4.7 per cent year-on-year (Y-o-Y) to Rs 65 crore in Q3FY25, compared to Rs 62.1 crore in the corresponding quarter of the previous year. Revenue from operations grew by 14.8 per cent Y-o-Y, reaching Rs 767.6 crore in Q3FY25, up from Rs 668.4 crore in Q3FY24.  READ MORE

 

12:02 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty climb higher

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

At 12 PM, the BSE Sensex was higher by 696.19 points, or 0.92 per cent, at 76,062.36, and the Nifty50 was at 22,998.55, up 169.40 points, or 0.74 per cent.

 

11:53 AM

Stock Market LIVE Updates: Bank of India Money Market Fund NFO opens today; check key features here

Stock Market LIVE Updates: Bank of India Mutual Fund's new fund offering (NFO), Bank of India Money Market Fund, opens for public subscription today, January 28, 2025. The NFO is an open-ended debt scheme investing in money market instruments.  

Mithraem Bharucha serves as the Fund Manager for the Bank of India Money Market Fund.
 

According to the Scheme Information Document (SID), the investment objective is to generate returns with reasonable liquidity for the unitholders by investing in money market instruments. "There is no assurance that the investment objective of the Scheme will be achieved." READ MORE