Stock Market Close Highlights: Sensex sheds 313pts, Nifty ends at 23,696; Smallcap shares outperform

Stock Market Highlights on February 5, 2025: Broader markets outperformed the benchmarks, with small-cap shares leading the charge, as the Nifty Smallcap100 index ended higher by 1.85 per cent

3:41 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The domestic market traded within a narrow range in negative terrain. Investors are weighing the improved domestic outlook, buoyed by a favourable budget, against lingering global uncertainties stemming from the tariff war.

While declining US bond yields and lower crude oil prices have supported market sentiment, the rupee's depreciation could offset these gains. Rate-sensitive sectors are attracting attention ahead of a potential Reserve Bank of india (RBI) rate cut. Meanwhile, large-cap stocks are well-positioned, benefiting from moderation in valuations.

View by Vinod Nair, head of research, Geojit Financial Services.

 

3:39 PM

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

Stock Market LIVE Updates: Hindalco, ITC Hotels, ONGC were among the top winners on Nifty 50.

 

3:38 PM

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

Stock Market LIVE Updates: ITC Hotels, IndusInd Bank, Adani Ports were among the top gainers on Sensex. 

 

3:35 PM

Stock Market LIVE Updates: A glance at broader market

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

 

3:35 PM

Stock Market LIVE Updates: Nifty closes 42.95 pts lower at 23,696.30

Stock Market LIVE Updates: NSE Nifty settled 42.95 points or 0.18 per cent lower at 23,696.30. 

3:32 PM

Stock Market LIVE Updates: Sensex closes 312.53 pts lower at 78,271.28

Stock Market LIVE Updates: Sensex closes 312.53 points or 0.40 per cent lower at 78,271.28.

 

3:29 PM

Stock Market LIVE Updates: Datamatics pops 9% on automatic fare collection deal for Pune Metro Line 3

Stock Market LIVE Updates: Information technology Datamatics share price rallied up to 9.01 per cent to hit an intraday high of Rs 679.75 per share on Wednesday, February 5, 2025. 

 

The uptick in Datamatics share price came after the company announced that it has been issued the Notification of Award (NoA) for design, supply, installation, testing, commissioning and integration of Automatic Fare Collection (AFC) system for 23 stations of Pune Metro Line 3 in Maharashtra, India. Read more 

3:23 PM

Stock Market LIVE Updates: What drove JSW Energy share price 7% higher on Feb 5?

Stock Market LIVE Updates: Power company JSW Energy share price soared as much as 6.70 per cent to hit an intraday high of Rs 501.30 per share on Wednesday, February 5, 2025. 

 

The surge in JSW Energy share price came after the company announced that it has received letter of award (LoA) from West Bengal State Electricity Distribution Company Limited (WBSEDCL) for development and operation of 1,600 MW greenfield (2 x 800 MW) super / ultra super critical domestic coal based thermal power plant (TPP).  Read more 

3:15 PM

Stock Market LIVE Updates: Lupin surges 8% in 2 days on USFDA nod for generic HIC drug

Stock Market LIVE Updates: Lupin share price gained 4 per cent to trade at Rs 2,201.65 per share on the BSE in Wednesday’s intraday trade, in an otherwise subdued market. In the past two days, Lupin stock has surged 8 per cent after the pharmaceutical company received tentative approval from the US Food and Drug Administration (USFDA) to market generic HIV combination therapy (HIC) drugs.

The drugs include Darunavir, Cobicistat, Emtricitabine, and Tenofovir Alafenamide tablets, 800 mg/150 mg/200 mg/10 mg. Read more 

3:09 PM

Stock Market LIVE Updates: Nifty breaks 23,700

Stock Market LIVE Updates: Nifty50 index broke the 23.700-mark intraday today

3:08 PM

Stock Market LIVE Updates: At 3 PM, Sensex is trading near day's low level

Stock Market LIVE Updates: The BSE Sensex is quoting at 78,254, down 329 points or 0.41 per cent. 

3:01 PM

Stock Market LIVE Updates: RBI MPC policy preview

Stock Market LIVE Updates: This week's monetary policy meeting will take place against the backdrop of a marked slowdown in India's growth momentum, moderating food inflation, tighter liquidity conditions, and volatility in financial markets. The First Advance Estimate (FAE) projects GDP growth to slow to 6.4% in FY25 compared to 8.2% growth recorded in FY24. Investment growth has been decelerating, and high-frequency indicators suggest a moderation in urban consumption demand.

Corporate performance has been lacklustre, with profitability contracting in the H1 FY25 and early Q3 FY25 results showing a mixed outlook. Furthermore, the global environment remains vulnerable due to ongoing geopolitical tensions. However, on the positive side, domestic inflationary pressures have moderated.

 

Amidst these macroeconomic conditions, the MPC's focus is expected to shift from concerns over high inflation to supporting economic growth. Therefore, we anticipate that the MPC will reduce the policy rate by 25 bps in the upcoming meeting while retaining a neutral stance. Markets will be closely monitoring the statement of the newly appointed governor of the RBI, and we expect the policy statement to have a dovish undertone even while remaining cautious on the global front. We anticipate that the RBI could revise its growth projections of 6.6% for FY25 marginally downwards to bring it in line with the FAE. Inflation projection is be revised up from 4.5% to 4.8%.

 

Views by: CareEdge Ratings

2:58 PM

Stock Market LIVE Updates: Will SBI Q3 profit rise or fall? Provisions hold key, say analysts

SBI Q3 preview: The largest government-owned bank, State Bank of India (SBI), is expected to report a strong set of results for the October-December quarter (Q3) of the current financial year 2024-25 (FY25). According to analysts, the public sector bank (PSB) is estimated to report a double digit net profit growth on the back of healthy loan book expansion and stable asset quality. READ MORE

2:52 PM

Stock Market LIVE Updates: Thangamayil Jewellery reports Q3 results; shares surge

Stock Market LIVE Updates: Thangamayil reports Q3 results where it posted net profit of Rs 48.2 crore, up 72 per cent from Rs 28-crore profit Y-o-Y. Thangamayil's Q3 revenue is up 26% Y-o-Y to Rs 1,132.4 crore, while Ebitda rose 63% Y-o-Y to Rs 83.2 crore. Thangamayil Jewellery's Q3 Ebitda margin expanded to 7.3% vs 5.7% Y-o-Y.

2:48 PM

Stock Market LIVE Updates: Symphony share price falls 11% as Q3 result disappoints investors

Stock Market LIVE Updates: Along with the results, Symphony's board has also declared the third interim dividend of Rs 2 (100 per cent) per equity share with a face value of Rs 2 each for the financial year 2024-25. The said interim dividend, the company stated, shall be payable to shareholders on or before February 28, 2025. Symphony operates in air cooling solutions, manufacturing residential, commercial, and industrial air coolers for customers in 60 countries. Founded in 1988 by Achal Anil Bakeri, the company has expanded its product portfolio over the years to include room heaters, ventilation fans, and domestic flour mills READ MORE