Stock Market LIVE: Sensex jumps 2,200 pts, Nifty Bank at new high; Adani Ports up 9% on Q3

Sensex Today | Stock Market LIVE Updates, Feb 3: Market breadth was favouring buyers with six stocks advancing for every one declining stock

2:35 PM

Stock Market LIVE Updates: Bajaj Electricals enters wire business

2:23 PM

Stock Market LIVE Updates: Markets need clarity on trade deal for the rally to sustain, says Shankar Sharma

Stock Market LIVE Updates: Sharing his views on the India-US trade deal, Shankar Sharma, Founder, GQuant Investech, said prima facie informations suggests India will have to import $500 billion of American goods. India's current trade numbers are nowhere close to this on an aggregate basis. 

 

However, even if it is divided annually over five years or $100 billion each year -- India will export $80 billion annually compared to import worth $100 billion a year. This implies the trade surplus with the US will change to a trade deficit.

"I don't understand how that is necessarily a very good thing," Shankar Sharma said. READ INTERVIEW HERE

 

2:12 PM

Stock Market LIVE Updates: 213 stocks hit upper circuit on BSE, 18 zoom up to 20%

Stock Market LIVE Updates: Gokaldas Exports (₹696.10), Indo Count Industries (₹286.90) and Kitex Garments (₹196.30) from the garments & apparels, Goldiam International (₹360.90) from gems & jewellery,  Avanti Feeds  (₹960.80), Apex Frozen Foods (₹351.01) and Waterbase (₹49.22) from shrimp were locked in the 20 per cent upper circuit on the BSE. READ MORE

2:03 PM

Stock Market LIVE Updates: Adani Ports reports Q3 results

Stock Market LIVE Updates: Adani Ports has released its Q3FY26 earnings.

Adani Ports' consolidated net profit after tax (PAT) increased 21 per cent Y-o-Y to ₹3,043 crore in Q3FY26.

Sequentially, PAT declined 2.1 per cent from ₹3,120.2 crore.

Further, Adani Ports' Q3 revenue rose 22% Y-o-Y to ₹9,704.6 crore 

The Adani Group company's Ebitda also advanced 20.5% to ₹5,785 crore 

 

The company's Ebitda margin, however, contracted to 59.6% from 60.3% Y-o-Y 

1:55 PM

Stock Market LIVE Updates: 'Trade deal reverses overhang from INR'

Stock Market LIVE Updates: The US-India trade deal is likely to boost bilateral trade significantly. More important it is about the sentiment turning positive, both for domestic investors as well as FIIs.

The overhang on the INR is also likely to reduce reversing INR to below 90 on a sustained basis. Most important, the markets, which were struggling to get a direction, are probably at an inflection point with the bear market probably ending.

Oil, Gas, Clean Tech, Nuclear, rare-earth, data centers, AI etc. are likely the areas of focus.

Views by: Dr. Vikas Gupta, smallcase manager CEO and Chief Investment Strategist, OmniScience Capital.

1:47 PM

Stock Market LIVE Updates: Aeroflex Industries allots shares to Ashish Kacholia

Stock Market LIVE Updates: Aeroflex Industries share price was trading 8 per cent higher after the company approved the allotment of 30,10,398 fully paid-up equity shares (issue price: ₹182.70/equity share0, worth ₹54.99 crore, to shareholders on preferential basis.

Among them, the company has allotted 4,10,509 preferential shares to Ashish Rameshchandra Kacholia.

Click here for more details

1:39 PM

Stock Market LIVE Updates: US trade deal supports our positive view on India, says BNP Paribas

Stock Market LIVE Updates: BNP Paribas says the India-US trade deal is another development supportive of our positive view on Indian equities for 2026.

In 2025, the government lowered income tax and GST rates, RBI lowered interest rates and improved liquidity. We are starting to see the benefits reflected in high frequency economic indicators. We are also expecting a recovery in Indian earnings growth in key sectors, such as banks, autos, and consumer, and even IT services earnings have seen slight upgrades in the Q3FY26 earnings season.

The Union budget is supportive of infrastructure spending in FY27 after weak capex in recent years.

In Jan 2026, India concluded trade deals with both the EU and the US which are its two largest export markets (the US and the EU together took 36 per cent of India's 2024 exports).

 

We see benefits for Indian exporters, especially in the labour oriented sectors, such as textiles, gems & jewellery, electronics and transport equipment, as they become more competitive post the trade deals with the EU and the US.

Tariffs on Indian goods are now slightly favourable against some of the Asian neighbours who compete for the same exports pie. Improving exports outlook and potential return of FPI flows would be positive for INR.

 

We expect FPI heavy sectors such as financials and IT services to benefit from return of FPI inflows. Benefits will be mostly in the form of valuation multiple expansion.
 

 

 

1:25 PM

Stock Market LIVE Updates: Brokerages cut targets for Hyundai Motor stock

Stock Market LIVE Updates: In the December quarter, Hyundai Motor India’s consolidated net profit rose by 6.3 per cent year-on-year (Y-o-Y) to ₹1,234 crore, as compared to ₹1,160.73 crore a year ago. However, net profit dropped by 21.5 per cent on a quarter-on-quarter (Q-o-Q) basis. READ MORE

1:15 PM

Stock Market LIVE Updates: 'India-US deal may add $10-15 bn in bilateral trade'

Stock Market LIVE Updates: The India-US trade deal, coupled with India's commitments to lower Russian oil purchases and lower barriers, boosts export competitiveness for Indian sectors like agriculture, pharmaceuticals, electronics, and textiles, potentially adding $10-15 billion annually to bilateral trade.

For Indian markets, the Nifty 50's 3% surge reflects renewed optimism, with rupee strengthening and FPI inflows likely to rebound.

However, uncertainties around full implementation and sector-specific concessions warrant caution. Overall, this paves the way for deeper ties, enhancing India's growth trajectory towards a developed economy by 2047.

Views by: Vaqarjaved Khan, Senior Fundamental Analyst, Angel One Ltd.

 

1:07 PM

Stock Market LIVE Updates: India-US trade deal brings 'policy clarity'

Stock Market LIVE Updates: The US–India trade breakthrough, with a reciprocal tariff reset to 18%, brings India broadly in line with Asian peers – restoring the level playing field from the trade perspective. While final prints on beneficiary product lines and India’s investment commitments are awaited, textiles, gems and jewelry, engineering goods, leather, and chemicals are the likely key gainers.

Views by: Emkay Global Financial Services

1:00 PM

Stock Market LIVE Updates: Adani Defence in pact with Italy's Leonardo for helicopters

Stock Market LIVE Updates: Adani Defence & Aerospace signed an agreement with Italy's Leonardo to develop and manufacture helicopters in India, parent firm Adani Enterprises said in an exchange filing. The plan is to address India’s increasing demand and new military requirements, and it aims to position India as a future hub for helicopter manufacturing.

12:54 PM

Stock Market LIVE Updates: Analysts expect Nykaa PAT to rise 148% YoY

Stock Market LIVE Updates: Brokerages tracked by Business Standard estimate Nykaa's net profit to average ₹66.4 crore, compared to ₹26.77 crore a year ago, up 148 per cent year-on-year (Y-o-Y). The company's revenue for the quarter under review is expected to climb 26 per cent in Q3FY26. READ PREVIEW HERE

12:43 PM

Stock Market LIVE Updates: Advent to pick up 14.3% stake in Aditya Birla Housing Fin

Stock Market LIVE Updates: Private equity player Advent International will pick up a 14.3 per cent stake in Aditya Birla Housing Finance Limited (ABHFL) for ₹2,750 crore, valuing the mortgage lender at ₹19,250 crore. READ MORE

12:33 PM

Stock Market LIVE Updates: Nifty IT index soars 6% intra-day, TechM hits record high

Stock Market LIVE Updates: The India–US trade deal, under which Donald Trump reduced reciprocal tariffs on Indian goods to 18 per cent, has lifted sentiment toward India’s export ecosystem, including the IT services space.

 

The Nifty IT index soared 6 per cent. Tech Mahindra hit a record high of ₹1,854, rallied 8 per cent in an intra-day deal. The stock price of HCL Technologies touched a 52-week high of ₹1,780.10, as it surged 6 per cent in intraday. READ MORE

12:22 PM

Stock Market LIVE Updates: Varun Beverages December quarter profit jumps 36%

Stock Market LIVE Updates: Varun Beverages Ltd. reported a 14 per cent year-on-year (Y-o-Y) rise in consolidated revenue at ₹4,204 crore for the December quarter, compared with ₹3,689 crore a year ago. Net profit surged 36.2 per cent to ₹252 crore from ₹185 crore in the year-ago period.