Stock Market Highlights: Sensex snaps 4-day losing streak, ends 170pts up; Adani Group shares shine
Markets Today Highlights: The NSE Nifty50 settled in the green at 23,176.05, with gains of 90.10 points, or 0.39 per cent
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Stock Market Highlights, Tuesday, January 14, 2025: Benchmark equity indices BSE Sensex and NSE Nifty50 snapped their 4-day losing streak to settle higher on Tuesday. The 30-share Sensex added 169.62 points, or 0.22 per cent, to settle at 76,499.63. The index traded in the range of 76,835.61 to 76,335.75 today.
NSE Nifty50 settled in the green at 23,176.05, with gains of 90.10 points, or 0.39 per cent. Nifty50 was seen at the day's high of 23,264.95, while the day's low was quoted at 23,134.15.
Thirty-four out of 50 constituent stocks of Nifty50 ended in the green, with gains led by Adani Enterprises, Shriram Finance, Hindalco, Adani Ports, and NTPC, of up to 7.05 per cent. Conversely, HCL Tech, Hindustan Unilever, Apollo Hospitals, Titan, and Infosys were among the 16 constituent stocks that ended in the red, with losses extending up to 8.52 per cent.
Notably, Adani group shares, including Adani Power, Adani Green Energy, Adani Energy Solutions, Adani Total Gas, Adani Ports and Special Economic Zone, ACC, and Ambuja Cements, were in focus on Tuesday as they ended higher by up to 20 per cent.
Among the broader markets, the Nifty Midcap100 and Nifty Smallcap100 ended with gains of 2.45 per cent, and 1.98 per cent, respectively. Barring Nifty IT and FMCG, all the sectoral indices on the NSE settled in positive territory on Tuesday. Banking stocks were buzzing in trade as the NIFTY PSU Bank index ended higher by 4.20 per cent, while the Bank Nifty and Nifty Private Bank indices ended higher by 1.43 per cent and 1.14 per cent, respectively.
Among others, the Nifty Auto, Metal, Media, Financial Services, and OMCs indices ended higher by up to 3.98 per cent.
4:01 PM
Stock Market Highlights LIVE Updates: The downtrend is still intact for Nifty50
Nifty opened gap up and consolidated during the day to close in the green up ~90 points. It is in a temporary relief rally after a sharp decline in the previous couple of trading sessions. During the fall the Nifty faced selling pressure from the 20-hour moving average which is placed at 23277. The downtrend is still intact and hence minor degree pullbacks towards resistance zone (23270 – 23300) should be considered as a selling opportunity. on the downside we expect the Nifty to drift lower towards 23000 – 22670 from short term perspective. A move above 23340 shall lead to a further short covering otherwise the downtrend is intact.
(View by: Jatin Gedia – Technical Research Analyst at Mirae Asset Sharekhan)
(View by: Jatin Gedia – Technical Research Analyst at Mirae Asset Sharekhan)
3:58 PM
Stock Market Highlights LIVE Updates: CPI inflation provided respite to the broader indices
A rebound in the global market and an ease in domestic CPI inflation provided respite to the broader indices. This may provide some leeway for RBI in its next policy meet; however, rising oil prices and higher 10-year yields will be watched carefully.
The IT sector weighed down amid concerns over weak earnings guidance for Q4. The domestic sentiment will be more inclined towards the ongoing earnings season and upcoming union budget, which has a mixed view.
(View by: Vinod Nair, Head of Research, Geojit Financial Services)
The IT sector weighed down amid concerns over weak earnings guidance for Q4. The domestic sentiment will be more inclined towards the ongoing earnings season and upcoming union budget, which has a mixed view.
(View by: Vinod Nair, Head of Research, Geojit Financial Services)
3:55 PM
Stock Market Highlights LIVE Updates: Broader indices outperform
The BSE MidCap index surged 2.13 per cent, while the BSE SmallCap index rose 1.69 per cent.
3:54 PM
Stock Market Highlights LIVE Updates: Nifty PSU Bank, Metal, Auto lead among sectors
Nifty PSU Bank, Metal, Auto lead among sectors.
3:49 PM
Stock Market Highlights LIVE Updates: Adani Ent, Hindalco, Adani Ports rise on NSE
Adani Enterprises, Hindalco, and Adani Ports rise up to 7 per cent on the NSE.
3:38 PM
Stock Market Highlights LIVE Updates: Heatmap check
18 out of 30 stocks end in green.
3:35 PM
Stock Market Highlights LIVE Updates: Nifty closes above 23,150
NSE's Nifty50 closed 90 points higher at 23,176 level.
3:32 PM
Stock Market Highlights LIVE Updates: Sensex ends 169 points higher
The BSE Sensex closed 169 points higher or 0.22 per cent at 76,499 level.
3:14 PM
Stock Market LIVE Updates: KPI Green slips 28% in 8 days after stock turns ex-bonus; hits 11-month low
Shares of KPI Green Energy were locked in lower circuit for the third straight trading day, down 5 per cent at Rs 414.25 on the BSE in Tuesday’s intraday trade. The stock of the power generation company is quoting lower for the eight straight day, falling 28 per cent during the period.
On January 03, 2025, the stock price of KPI Green Energy had turned ex-date for bonus issue in the proportion of 1 equity shares for every 2 existing equity shares held in the company. Currently, the stock is trading at its lowest level since January 31, 2024. Read more
3:01 PM
At 3 PM, the BSE Sensex was higher by 187.55 points, or 0.25 per cent, at 76,517.56, and the Nifty50 was at 23,169.75, up 83.80 points, or 0.36 per cent.
Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty hold higher levels
Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 were trading higher on Tuesday, amid mixed global cues.
At 3 PM, the BSE Sensex was higher by 187.55 points, or 0.25 per cent, at 76,517.56, and the Nifty50 was at 23,169.75, up 83.80 points, or 0.36 per cent.
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First Published: Jan 14 2025 | 8:18 AM IST