Stock Market Close: Sensex ends 188 pts up; Nifty at 25,694; IT outperforms, pharma drags

Sensex today | Stock Market Close Highlights, Friday, January 16: On BSE, Infosys, Tech Mahindra and HCLTech were top gainers, while Eternal, Asian Paints and Maruti were top losers.

3:42 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: Nifty attempted a recovery after the open, supported by IT-led buying, and moved toward the 25,850–25,900 resistance band once again. However, repeated supply in this zone triggered intraday profit booking, pulling the index back below 25,750 before it settled near the previous close. This price action confirms the continuation of a range-bound structure rather than a directional breakout. 

 

Momentum indicators are showing early signs of stabilization, with MACD improving, but the index still trades below its short-term 20- and 50-day EMAs, keeping upside capped for now. The 25,900–26,000 zone remains a critical hurdle, reinforced by heavy Call OI at 26,000. A decisive breakout above this band could open the door toward 26,100–26,200. Until then, consolidation within the broader range is likely to persist. 

View by: Ponmudi R, CEO of Enrich Money.

3:41 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The equity markets witnessed positive momentum during the session, driven by better Q3 results from IT and mid-segment banking stocks. However, profit booking towards the close capped the rally, resulting only in marginal gains for the market. The IT sector outperformed, supported by an upward revision in revenue growth projections from a leading industry bellwether, coupled with expectations of increased technology spending.

Meanwhile, investor focus also shifted to banking counters, as early results reflected notable improvements in asset quality and margin profiles, further strengthening sentiment in the sector.

View by:  Vinod Nair, head of research, Geojit Investments. 

3:39 PM

Stock Market LIVE Updates: Sector check

Stock Market LIVE Updates: Nifty Pharma closed over 1 per cent lower. Conversely, Nifty IT closed over 3 per cent higher.

3:38 PM

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

Stock Market LIVE Updates: Infosys, Tech M, and HCLTech were among the top gainers on Sensex.

 

3:37 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices closed mixed. BSE Midcap was up 0.15 per cent, while Smallcap closed 0.45 per cent lower. 

 

3:35 PM

Stock Market LIVE Updates: Nifty settles at 25,694

Stock Market LIVE Updates: NIfty50 closed at 25,694.35, up 28.75 points or 0.11 per cent. 

3:33 PM

Stock Market LIVE Updates: Sensex closes at 83,570

Stock Market LIVE Updates: BSE Sensex closed at 83,570.35, up 187.64 points or 0.23 per cent. The index recorded an intra-day high at 84,134.97 and low at 83,456.50. 

3:27 PM

Stock Market LIVE Updates: Ola Electric secures BIS nod for India's first home battery system

Stock Market LIVE Updates: Ola Electric on Friday said it has secured the Bureau of Indian Standards certification and licence for Ola Shakti in a 6kW/9.1 kWh battery pack powered by 4680 Bharat Cell.

 

Ola Shakti is the country's first residential BESS (Battery Energy Storage System) solution, which is designed, engineered, and manufactured in India. READ MORE

3:18 PM

Stock Market LIVE Updates: IPO Calendar: Shadowfax IPO opens next week; Bharat Coking Coal to list

Stock Market LIVE Updates: The primary market is set for another active week, led by a mainboard offering and a flurry of SME activity. Shadowfax Technologies will open its ₹1,907 crore initial public offering (IPO) on Tuesday, January 20, 2026, drawing attention to the mainboard segment. The week will also see several key listings, with Bharat Coking Coal debuting on Monday, January 19, followed by Amagi Media Labs on Wednesday, January 21.

 

The SME space will remain busy, with new issues such as KRM Ayurveda and Digilogic Systems opening during the week, alongside multiple listings including Defrail Technologies, Avana Electrosystems, Narmadesh Brass Industries, INDO SMC, GRE Renew Enertech, Armour Security, and Aritas Vinyl, keeping investor focus firmly on the primary market. READ MORE

3:08 PM

Stock Market LIVE Updates: Antony Waste Handling Cell zooms 20% on heavy volumes

Stock Market LIVE Updates: Share price of Antony Waste Handling Cell zoomed 20 per cent to ₹558.95 on the BSE in Friday’s intra-day trade amid heavy volumes. The stock price of the waste management company was quoting at its highest level since October 2025. 

 

At 02:01 PM; Antony Waste Handling Cell was quoting 18 per cent higher at ₹549.75 on the BSE. In comparison, the BSE Sensex was up 0.14 per cent at 83,531. The average trading volumes at the counter jumped multiple-fold. A combined 3.37 million equity shares representing 11.87 per cent of total equity shares of the company changed hands on the NSE and BSE. READ MORE

3:00 PM

Stock Market LIVE Updates: 3 PM update | Sensex up 224 pts; Nifty above 25,700

Stock Market LIVE Updates: 3 PM Update 

-- Nifty50 was trading at 25,707.20, up 41.6 points or 0.16 per cent 

-- BSE Sensex was trading at 83,606.89, up 224.18 points or 0.27 per cent

2:54 PM

Stock Market LIVE Updates: Dividend stocks: Angel One, 5 others to remain in spotlight next week

Stock Market LIVE Updates: Dalal Street investors looking to generate some income from their investments may want to keep an eye on the shares of Bank of Maharashtra, NLC India, Angel One, ICICI Prudential Asset Management Company, DCM Shriram, and Havells India, as these companies are set to reward their shareholders with dividends next week.

 

According to BSE data, shares of these companies are likely to trade ex-dividend from Tuesday, January 20 to Friday, January 23, 2026. Investors looking to benefit from these corporate actions must own the shares on or before the ex-date. However, the final list of eligible shareholders will be determined based on the record date set by each company. READ MORE

2:43 PM

Stock Market LIVE Updates: Federal Bank share price surges over 9% as net profit, NII rise in Q3FY26

Stock Market LIVE Updates: Federal Bank shares jumped over 12 per cent on Friday after reporting an increase in net profit and net interest income in the third quarter of the current financial year (Q3FY26). 

 

Federal Bank share price rose as much as 9.24 per cent to ₹269.25, the highest level since December 31, 2025 on the National Stock Exchange (NSE). The scrip rebounded from a five-day losing streak on Friday. 

 

In the last 12 months, Federal Bank share price has advanced 36.35 per cent, compared to 10.26 per cent advance in the Nifty 50 index. READ MORE

2:28 PM

Stock Market LIVE Updates: 'BCCL to list at a price of ₹32–₹35, implying a 39–52% premium over issue price'

Stock Market LIVE Updates: “We expect BCCL to list at a price of ₹32–₹35, implying a 39–52 per cent premium over the issue price. The IPO witnessed exceptionally strong subscription across QIB, NII, and retail segments, reflecting robust investor confidence. Interest was driven by the scarcity value of the offering, providing a rare opportunity to gain exposure to India’s largest and most integrated player in the coking coal value chain, a critical input for the domestic steel industry.

 

From a valuation perspective, the issue was priced reasonably, especially for a low-ticket IPO, offering an attractive risk-reward profile. With a dominant market position and structural demand tailwinds from sustained steel capacity expansion, we remain constructive on the medium-to-long-term outlook.

 

In a best-case scenario of >50 per cent listing gains, we recommend allotted investors book profits on 50 per cent of holdings while retaining the balance to participate in longer-term value creation. Non-allotted investors should avoid chasing the stock on listing day and wait for post-listing consolidation, as near-term volatility cannot be ruled out amid a cautious and volatile market environment.”

Views by: Prashanth Tapse, senior VP (research), Mehta Equities 

2:17 PM

Stock Market LIVE Updates: Crude oil price outlook: Brent crude to average $56 in 2026, WTI near $49

Stock Market LIVE Updates: Oil prices retreated sharply as the risk of war between the US and Iran temporarily de-escalated. President Trump signalled that he may hold off on attacking Iran for now, after the country pledged not to execute protesters. Additional selling pressure came from a strengthening US dollar, which drifted to six-week highs, as many Fed policymakers vouched for holding rates steady before further cuts. Meanwhile, US weekly EIA inventory data showed a jump in crude and gasoline supplies. READ MORE