Stock Market Close Highlights: Sensex extends gain, adds 631pts, Nifty at 23,163; Smallcap shines

Markets Today Highlights: The broader markets outperformed the benchmarks, with smallcap shares leading the charge as the Nifty Smallcap100 index settled higher by 3.32 per cent

3:56 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The Indian market has demonstrated resilience in anticipation of the upcoming Union Budget, with expectations of measures aimed at stimulating consumption and job creation. Small and mid-cap stocks experienced a relief rally, while key index valuations are trading at a 5-year average, which appears attractive given the strong long-term domestic outlook. Investors are now focusing on the upcoming FOMC meeting, with general expectations that the Fed will maintain its current hawkish stance.

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

3:52 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: From a technical perspective, the Nifty rebounded strongly from its key support at 22,800 and managed to close above the 23,100 level, which holds significance as monthly support. Additionally, the index formed a bullish engulfing pattern, closing above the previous day's high. If the price sustains above 23,300 in the coming sessions, the index may extend its upside towards 23,650 and 23,800. Conversely, 22,800 will act as immediate and crucial support, and a break below this level may lead to increased downside pressure. 
 

Momentum indicators suggest improving sentiment, with the RSI trending upwards from the oversold region at 43.59, indicating strengthening bullish momentum. The Stochastic RSI has also given a bullish reversal, reinforcing the possibility of further upside if key resistance levels are breached. The overall setup suggests a cautious yet optimistic outlook, with sustained strength above resistance levels required for a decisive breakout. 

View by Mandar Bhojane, equity research analyst, Choice Broking.

3:43 PM

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

Stock Market LIVE Updates: Shriram Finance, BEL, Tata Motors were among the top gainers on Nifty50. 

3:42 PM

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

Stock Market LIVE Updates: Zomato, Tata Motors, Infosys were among the top gainers on Sensex. 

3:40 PM

Stock Market LIVE Updates: A glance at broader market

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

3:39 PM

Stock Market LIVE Updates: Nifty closes 205.85 pts higher at 23,163.10

Stock Market LIVE Updates: NSE Nifty settled 205.85 points or 0.9 per cent higher at 23,163.10.

 

3:36 PM

Stock Market LIVE Updates: Sensex closes 631.55 pts higher at 76,532.96

Stock Market LIVE Updates: BSE Sensex closed 631.55 points or 0.83 per cent higher at 76,532.96.

 

 

3:29 PM

Stock Market LIVE Updates: Markets to remain open on Feb 1 for Nirmala Sitharaman's Budget 2025 speech

Stock Market LIVE Updates: Both the National Stock Exchange (NSE) and the BSE have confirmed that the exchanges will operate full trading sessions on Saturday, as the Union Budget is scheduled to be presented by Finance Minister Nirmala Sitharaman.

 

In a circular issued on Monday, the exchanges outlined that the equity markets would be open from 9:15 am to 3:30 pm, with the commodity derivatives market trading until 5:00 pm. Read more 

3:21 PM

Stock Market LIVE Updates: Bullish on Indian market, looking at another strong year in 2025: McLaren

Stock Market LIVE Updates: Bullish on the Indian market, British supercar maker McLaren is looking to cash in on the growth opportunity in the country having crossed cumulative sales milestone of 50 units, according to a top official of the company's distributor.

 

Since officially entering the Indian market in 2022, McLaren, which sells high-end supercars priced Rs 6.5 crore onwards, feels that in 2025 it can perform better than what it achieved last year, Lalit Choudary, Dealer Principal of McLaren Mumbai, told PTI. Read more 

3:16 PM

Stock Market LIVE Updates: Sun Pharma Q3 profits may jump 13%, revenues to rise 10% YoY

Stock Market LIVE Updates: India’s largest pharmaceutical company, Sun Pharmaceuticals, is scheduled to deliver its October-December quarterly earnings for the financial year 2024-25 (Q3FY25) on Friday, January 31, 2025. 

 

The pharma major is expected to log a double digit rise in profits on a year-on-year basis, while recording a mid digit fall sequentially. According to analysts, higher costs, including a rise in R&D expenses, are likely to limit margin expansion. Read more 

3:09 PM

Stock Market LIVE Updates: Bajaj Finance hits over 3-month high; surges 14% thus far in January

Stock Market LIVE Updates: Shares of Bajaj Finance hit an over three-month high of Rs 7,786.20, gaining 2 per cent on the BSE in Wednesday’s intra-day trade ahead of the board meeting of the company today to consider and approve the unaudited financial results of the company for the quarter ended December 31, 2024.

The stock of the non banking finance company (NBFC) is quoting at its highest level since October 1, 2024. It had hit a 52-week high of Rs 7,823.85 on September 30, 2024. Read more 

3:01 PM

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

Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty50 were trading higher on Wednesday, amid improving global cues. 

At 3 PM, the BSE Sensex was higher by 583.82 points, or 0.77 per cent, at 76,485.23, and the Nifty50 was at 23,139.85, up 182.60 points, or 0.8 per cent.

 

2:53 PM

Stock Market LIVE Updates: New NFO Alert: Motilal Oswal Innovation Opportunities Fund opens today

Stock Market LIVE Updates: Motilal Oswal Mutual Fund has launched the new fund offering (NFO) of the Motilal Oswal Innovation Opportunities Fund for public subscription today, January 29, 2025. The NFO, which remains available for subscription until February 12, 2025, is an open-ended equity scheme following the innovation theme. However, the scheme is set to reopen on February 24, 2025.

The Motilal Oswal Innovation Opportunities Fund, which is benchmarked against the Nifty 500 Total Return Index, aims to achieve long-term capital appreciation by predominantly investing in equity and equity-related instruments of companies that will benefit from the adoption of innovative strategies or follow the innovation theme. "However, there can be no assurance that the investment objective of the scheme will be realised," the company said in the Scheme Information Document (SID). READ MORE

 

2:47 PM

Stock Market LIVE Updates: Arkade Developers share gains 6% as company bags Rs 165 crore-land deal

Stock Market LIVE Updates: Shares of residential and commercial projects developer Arkade Developers were buzzing in trade on Wednesday, January 29, 2025. The company's share price advanced 6.05 per cent to an intra-day high of Rs 154.75 on the National Stock Exchange (NSE) during the intra-day trade. 

The northward move in the company’s share price was fueled by the news that it had completed the acquisition of a prime land parcel located in Goregaon West, in the western suburbs of Mumbai, from Aspen Properties and their joint venture partners, Kamanwala Housing Construction, for a total consideration of Rs 165 crore and paid the stamp duty of Rs 9.9 crore. READ MORE

 

2:39 PM

Stock Market LIVE Updates: Deepak Fertilisers posts 57% rise in Q3 PAT at Rs 66.92 crore

Stock Market LIVE Updates: Deepak Fertilisers and Petrochemicals Corporation reported Q3 revenue from operations at Rs 519.05 crore vs Rs 426.18 crore.

The company's profit before tax came in at Rs 95.14 crore vs Rs 56.51 crore

Profit after tax stood at Rs 66.92 crore vs Rs 42.57 crore

 

2:33 PM

Stock Market LIVE Updates: Netweb rises 10% on DeepSeek's impact assessment; had fallen 48% in 3 weeks

Stock Market LIVE Updates: Shares of Netweb Technologies India (Netweb) locked in upper circuit of 10 per cent at Rs 1,605.35 on the BSE in Wednesday’s intra-day trade after the company said the emergence of DeepSeek - a new artificial intelligence (AI) large language model (LLM) platform is a significant opportunity for its business growth.

 

Till 1:00 PM, a combined 783,000 equity shares changed hands and there were pending buy orders for around 110,000 shares on the NSE and BSE. READ MORE

 

2:31 PM

Stock Market LIVE Updates: CAMS' declares interim dividend of Rs 17.50 per share; Feb 7 set as record date

Stock Market LIVE Updates: Computer Age Management Services' board approves interim dividend of Rs 17.50 per equity share.

The company, in an exchange filing, said, "The Board has approved the payment of an Interim Dividend of Rs. 17.50 per equity share. The above Dividend will be paid to those shareholders as on 07th February 2025 which has been fixed as the "Record Date" for determining the members eligible to receive dividend. The expected date of disbursement of the dividend will be on or before 27th February 2025".

 

2:26 PM

Stock Market LIVE Updates: CAMS' Q3 net profit rises 37.5% YoY to Rs 117.33 crore

Stock Market LIVE Updates: Computer Age Management Services' Q3 net profit rises 37.5 per cent YoY to Rs 117.33 crore, from Rs 85.3 crore

Total revenue stood at Rs 359.6 crore vs Rs 276.7 crore in year-ago period

Profit before tax stood at Rs 157.1 crore vs Rs 114.3 crore

 

2:21 PM

Stock Market LIVE Updates: TeamLease Q3 net profit falls nearly 10% YoY to Rs 26.23 crore

Stock Market LIVE Updates: TeamLease Q3 net profit falls nearly 9.96 per cent YoY to Rs 26.23 crore, from Rs 29.13 crore

Revenue from operations comes in at Rs 2.685.15 crore vs Rs 2,201.97 crore in year-ago period

Profit before tax declines to Rs 26.21 vs Rs 30.01 crore in year-ago period

 

2:14 PM

Stock Market LIVE Updates: Maruti Suzuki Q3 results: Profit up 13% to Rs 3,525 cr; revenue climbs 16%

Stock Market LIVE Updates: Automobile giant Maruti Suzuki announced its Q3 results on Wednesday, January 29, 2025, during market hours. Following the Q3 results, at 1:50 PM, Maruti Suzuki sharewas trading 0.64 per cent higher at Rs 12,200. In comparison, BSE Sensex was trading 0.82 per cent higher at 76,522.33 levels. READ MORE

 

2:11 PM

Stock Market LIVE Updates: L&T Tech up 5% on securing $80 mn digital engineering transformation deal

Stock Market LIVE Updates: L&T Technology Services (LTTS) shares rose as much as 4.54 per cent to hit an intraday high of Rs 5,355 per share on Wednesday, January 29, 2025.

 

The uptick in the L&T Tech share price came after the company announced that it has been awarded a multi-year $80 million deal with a US-based manufacturer of industrial products and solutions. Read more 

2:01 PM

Stock Market LIVE Updates: Ambuja Cements Q3 profit soars 164% to Rs 2,175 cr, revenue up 4.5%

Stock Market LIVE Updates: Cement-maker Ambuja Cements on Wednesday reported 163.9 per cent rise in consolidated net profit at Rs 2,175.33 crore for the third quarter (Q3) of the financial year 2024-25 (FY25) from Rs 824.25 crore reported during the same period last year.

 

Consolidated revenue from operations rose marginally by 4.5 per cent to Rs 8,415.31 crore from Rs 8,052.42 crore year-on-year (Y-o-Y). Read more

1:43 PM

Stock Market LIVE Updates: Maruti Suzuki India posts Q3 profit of Rs 3,525 crore

Stock Market LIVE Updates: Maruti Suzuki's Q2FY25 profit was Rs 3069.2 crore and Rs 3130 crore in Q3FY24.

Maruti Suzuki India reports Q3FY25 revenue from operations at Rs 38,492.1 crore vs Rs 37202.8 crore in Q2FY25 and Rs 33308.7 crore in Q3FY24.

Maruti Suzuki share price comes off highs, trades flat 

1:36 PM

Stock Market LIVE Updates: Multi Commodity Exchange of India (MCX) to remain open on Budget Day, Feb 1, 2025

Stock Market LIVE Updates: Multi Commodity Exchange of India, in a press release today, informed that it will continue to operate on Saturday, Februray 1, 2025, on account of the presentation of Budget 2025-26.

"The Multi Commodity Exchange of India Ltd. (MCX), India’s leading Exchange in the Commodity Derivatives Market segment, shall be conducting a special live trading session on Saturday, February 1, 2025, to make available the trading platform for market participants on account of presentation of the Union Budget, supporting their real-time risk management and hedging requirements," it said in the press release.

The exchange will remain open for normal trade from 9.00 AM to 5.00 PM, it added.

 

1:31 PM

Stock Market LIVE Updates: JK Cement hits new high; rallies 14% in 2 weeks on healthy growth outlook

Stock Market LIVE Updates: Shares of JK Cement hit a new high of Rs 4,969.95, gaining 3 per cent on the BSE in Wednesday’s intra-day trade, thus extending its upward movement on expectations of healthy volume growth in the March 2025 quarter (Q4FY25). In the past two weeks, the stock has rallied 14 per cent.

 

JK Cement is one of India’s leading manufacturers of grey cement and one of the leading white cement manufacturers in the World. The company has an installed grey cement capacity of 24.34 million tonnes per annum (mtpa) & white cement capacity of 3.05 mtpa. READ MORE

 

1:20 PM

Stock Market LIVE Updates: This Ashish Kacholia portfolio smallcap stock soared 18% post strong Q3

Stock Market LIVE Updates: Ami Organics share price gained 17.69 per cent at Rs 2215.40 a piece on the BSE in Wednesday’s intraday trade after the company delivered a significant rise in revenues and profit for the third quarter of financial year 2024-25 (Q3FY25). 

Investor Ashish Kacholia held 754,974 equity shares representing 1.84 per cent stake in Ami Organics at the end of December 2024 quarter, the shareholding pattern data showed. 
 

Ami Organics’s revenue from operations surged 65.2 per cent year-on-year to Rs 275 crore, compared to Rs 166.4 crore in Q3FY24. Sequentially, revenue  increased by 11.5 per cent from Rs 246.7 crore in Q2FY25. READ MORE

1:09 PM

Stock Market LIVE Updates: ixigo shares gain 12% despite posting 49% decline in Q3 profit; here's why

Stock Market LIVE Updates: Le Travenues Technology, doing business as ixigo, shares zoomed 12 per cent in Wednesday's trade, logging an intraday high at Rs 141.05 per share. The northward movement in the stock can be attributed to the company posting decent Q3FY25 results. 

Around 12:14 PM, ixigo share price was up 11.97 per cent at Rs 140.8 per share on BSE. In comparison, the BSE Sensex was up 0.66 per cent at 76,399.59. The market capitalisation of the company stood at Rs 5,473.33 crore. The 52-week high of the stock was at Rs 196.45 per share and the 52-week low was at Rs 118.75 per share. READ MORE

 

1:02 PM

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

Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty50 were trading higher on Wednesday, amid improving global cues. 

At 1 PM, the BSE Sensex was higher by 487.20 points, or 0.64 per cent, at 76,388.61, and the Nifty50 was at 23,127.85, up 170.60 points, or 0.74 per cent.

 

1:00 PM

Stock Market LIVE Updates: Star Health hits new low post Q3 nos, down 53% from IPO price; time to buy?

Stock Market LIVE Updates: Star Health and Allied Insurance Company on Tuesday reported a 25.7 per cent drop in Q3 net profit for the quarter ended December 2024. The company's net profit in the corresponding quarter a year ago stood at Rs 289.56 crore.

According to a release issued by the company to the BSE, Star Health total income however increased by 15.6 per cent year-on-year to Rs 4,001.16 crore in Q3FY25 as against Rs 3,460.97 crore in Q3FY24.
 

The company reported a Profit After Tax (PAT) of Rs 645 crore for the first nine months of the current fiscal year, supported by steady growth across business segments, innovative product offerings, and strong commitment to customer-centric service, the company said in a release. READ MORE

 

12:47 PM

Stock Market LIVE Updates: Bosch slips 6% after posting Q3 results; here's what's dragging stock

Stock Market LIVE Updates: Bosch shares slipped 5.6 per cent in Wednesday's trade, logging an intraday low at Rs 28,115.2 per share. The southward movement in the stock can be attributed to the company posting weak Q3FY25 results. 

Around 11:28 AM, Bosch share pricewas down 4.46 per cent at Rs 28,462.2 per share on BSE. In comparison, the BSE Sensex was up 0.27 per cent at 76,275.82. The market capitalisation of the company stood at Rs 72,004.63 crore. The 52-week high of the stock was at Rs 39,052 per share and the 52-week low was at Rs 23,232 per share. READ MORE