Stock Market Close Highlights: Sensex up 3rd day, gains 227 pts; Nifty at 23,249; TaMo sinks 7%

Markets Today Highlights: Among the broader markets, the Nifty Smallcap 100 index gained 0.12 per cent, while the Nifty Midcap 100 index edged lower by a marginal 0.01 per cent

Stock Market Highlights, Thursday, January 30, 2025: Benchmark equity indices extended their northward move for the third consecutive session to settle in positive territory on Thursday. The BSE Sensex added 226.85 points or 0.30 per cent to settle at 76,759.81. The index was seen trading at a day's high of 76,898.63, while the day's low was recorded at 76,401.13 on Thursday.  

The NSE Nifty50 added 86.40 points, or 0.37 per cent, to close at 23,249.50. The index traded in a range of 23,311.15 to 23,139.20 on Thursday.

 

35 out of the 51 constituent stocks of the Nifty50 ended in positive territory, with gains led by Bharat Electronics, Power Grid Corporation, Cipla, Hero MotoCorp, and Bharti Airtel with gains of up to 4.87 per cent. Tata Motors, ITC Hotels, Adani Enterprises, Shriram Finance, and Bajaj Finserv, on the other hand, were among the 17 stocks that ended lower, with losses extending up to 6.98 per cent.  Among the broader markets, the Nifty Smallcap 100 index gained 0.12 per cent, while the Nifty Midcap 100 index edged lower by a marginal 0.01 per cent.  The fear index, India VIX, which measures volatility in the markets, ended up 6.70 per cent at 17.39 points.   Sectoral markets ended on a mixed note, with Nifty FMCG, Healthcare, Financial Services, Pharma, and OMCs indices ending higher by up to 1.55 per cent. Notably, the Nifty IT index ended lower by 1.14 per cent at 42,426.65, dragged down by Coforge and Mphasis.  Among others, Nifty Auto, Metal, PSU Bank, and Consumer Durables indices ended down by up to 1.84 per cent.

4:05 PM

Stock Market LIVE Updates: Technical view

"The Nifty remained volatile within a defined range on expiry day. The daily RSI is in a bullish crossover, signifying strong momentum. However, the index is facing resistance near the upper boundary of the falling wedge as well as the 21EMA on the daily timeframe, suggesting a possible retracement in the near term.

- Support is seen at 23,200, and a break below this level could trigger a decline towards 23,000. On the other hand, a decisive move above 23,300 might push the index towards 23,500."

Views By: Rupak De, Senior Technical Analyst at LKP Securities. 

3:46 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The Indian markets concluded on a positive note despite fluctuating between gains and losses. The fall in oil prices due to a rise in US inventories and an ease in US 10-year yield after the US Fed's hawkish view may decelerate FIIs outflow.

The upcoming budget may be seen as an inflection point, which is likely to reverse the current bearish trend if the policies restore growth and consumption. As the long-term story is intact, investors are focusing on stocks and sectors where operational metrics and valuations are favourable.

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

 

3:43 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: BSE Midcap and Smallcap ended flat. 

 

3:42 PM

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

Stock Market LIVE Updates: BEL, Hero MotoCorp, Power Grid were among the top gainers on Nifty50. 

3:39 PM

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

Stock Market LIVE Updates: Bharti Airtel, Power Grid, Bajaj Finance were among the top gainers on Sensex. 

 

3:38 PM

Stock Market LIVE Updates: Nifty closes 86.4 pts higher at 23,249.50

Stock Market LIVE Updates: NSE Nifty closed 86.4 points or 0.37 per cent higher at 23,249.50.

 

3:36 PM

Stock Market LIVE Updates: Sensex closes 226.85 pts higher at 76,759.81

Stock Market LIVE Updates: BSE Sensex closed 226.85 points or 0.30 per cent higher at 76,759.81.

 

3:25 PM

Stock Market LIVE Updates: Unicommerce Esolutions surges 5% after deal win from Reid & Taylor Apparel

Stock Market LIVE Updates: Unicommerce Esolutions share price gained 4.71 per cent at Rs 144.40 a piece on the BSE in Thursday’s intraday trade after announced that Reid & Taylor Apparel has implemented Unicommerce’s multi-channel order management, warehouse management, and omnichannel retail management systems, knitting Reid & Taylor Apparel’s website, warehouses, physical stores, and other online platforms in one integrated network. 

With this, Reid & Taylor Apparel will be able to seamlessly automate order processing across all these customer touchpoints using Unicommerce’s unified dashboard, Unicommerce Esolutions said.  Read more 

3:19 PM

Stock Market LIVE Updates: Here's what to expect from Vedanta Q3 results

Stock Market LIVE Updates: Mining giant Vedanta will announce its December quarter of financial year 2025 (Q3FY25) results on Friday, January 31, 2025. A day ahead of the results, Vedanta shares were in demand, as the scrip rose up to 1.62 per cent to hit an intraday high of Rs 437.60. 

Vedanta's Q3 FY25 earnings are expected to reflect strong performance across several key segments, driven by higher commodity prices. Read more 

3:12 PM

Stock Market LIVE Updates: This smallcap stock surges 21% in 2 days; zooms 101% against issue price

Stock Market LIVE Updates: Shares of Blue Jet Healthcare hit a new high of Rs 695.55, and were locked in the 10 per cent upper circuit on the BSE in Thursday’s intra-day trade amid heavy volumes on the back of robust earnings.

The company reported 208 per cent year-on-year (Y-o-Y) jump in profit after tax at Rs 99.0 crore in the December quarter (Q3FY25). This smallcap pharmaceutical company had posted PAT of Rs 32.1 crore in Q3FY24. Read more 

 

3:03 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty shed gains, trade flat

Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty50 were trading marginally higher after paring most of their gains on monthly expiry day on Thursday.

 

At 3 PM, the BSE Sensex was higher by 16.27 points, or 0.02 per cent, at 76,549.23, and the Nifty50 was higher by 29.65 points, or 0.13 per cent, at 23,192.75.

2:57 PM

Stock Market LIVE Updates: Domestic funds' stake in this stock up over 2900% in FY25; check full list

Stock Market LIVE Updates: Domestic funds, a combination of mutual funds and insurance companies, have hiked their stake in select stocks by as much as 3000 per cent in the current fiscal year 2024-25 (FY25), data from ACE equity shows.

Topping the list is Lloyds Metals, where the domestic funds' stake has gained a whopping 2,915 per cent thus far in FY25. In the 9-month period of FY25, DIIs have net bought around 8.5 million shares of Lloyds Metals, thus taking their stake in the company up from 0.06 per cent to 1.67 per cent. READ MORE

 

2:51 PM

Stock Market LIVE Updates: GAIL (India) profit after tax rises 36% YoY to Rs 3,867.38 crore vs Rs 2,842.62 QoQ

Stock Market LIVE Updates: Revenue from Operations stood at Rs 34,957.76 crore, vs Rs 34,253.52 crore YoY; and Rs 32,930.72 crore QoQ

Profit Before Tax stood at Rs 5,028.75 crore, vs Rs 3,693.99 crore YoY; and Rs 3,453.12 QoQ

Net Profit after tax came in at Rs 3,867.38 crore, vs Rs 2,842.62 crore YoY; and Rs 2,671.93 crore QoQ

 

2:42 PM

Stock Market LIVE Updates: SRF up 5% post Q3 results; rallies 25% so far in January, nears record high

Stock Market LIVE Updates: SRF share price: Shares of SRF hit a 52-week high of Rs 2,789.10, as they rallied 5 per cent on the BSE in Thursday’s intra-day trade. The run-up in the company's stock came after it reported an improvement in earnings with a 7 per cent year-on-year (YoY) rise in consolidated profit after tax (PAT) at Rs 270 crore for the quarter ended December 2024 (Q3FY25). The company had posted PAT of Rs 253 crore in the year-ago quarter (Q3FY24).

Thus far in the month of January, SRF has outperformed the market by surging 25 per cent, compared to the 2 per cent decline in the BSE Sensex. Today, the stock surpassed its previous high of Rs 2,697.45 touched on May 3, 2024. It is now inching towards its all-time high level of Rs 2,864.35 hit on September 14, 2022. READ MORE

 

2:35 PM

Stock Market LIVE Updates: Adani Enterprises Q3 net profit drops 97% annually to Rs 57.83 crore

Stock Market LIVE Updates: Revenue from Operations stood at Rs 22,848.42 crore, vs Rs 25,050.23 crore YoY; and Rs 22,608.07 crore QoQ

Profit before tax came in at Rs 575.56 crore, vs Rs 2,359.56 crore YoY; and Rs 2,408.89 crore QoQ

Net Profit attributable to owners of the company stood at Rs 57.83 crore, vs Rs 1,888.45 YoY; and Rs 1,741.75 crore QoQ