Stock Market Closing Highlights: Sensex adds 234 points, Nifty at 23,708; Smallcap shares outperform

Markets Today Highlights: Among the broader markets, small-cap shares outperformed others, with the Nifty Smallcap100 ending up 1.35 per cent

3:59 PM

Stock Market LIVE Updates: Technical View

Stock Market LIVE Updates: Nifty opened on a positive note and witnessed rangebound price action to close with  gains of 91 points. On the daily charts we can observe that the Nifty consolidated within the range of the previous trading session and thus making the extremes of the penultimate candle crucial levels to watch out for in the short term i,e 24,100 – 23,550. We expect the Nifty to consolidate between these extremes for the next few trading sessions. Sector rotation and stock specific action are likely during this phase. Daily and hourly momentum indicators suggest a pullback as they have a positive crossover. Immediate hurdle on the upside is 23,950 – 24,000 while support is placed at 23,550 – 23,500.

View by Jatin Gedia – Technical Research Analyst at Mirae Asset Sharekhan.

3:47 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Amid positive global cues indicating no major concerns regarding HMPV, the domestic market partially recovered from yesterday's sharp sell-off but traded within a range ahead of the critical first advance estimates for India's FY25 gross domestic product (GDP). This comes in the context of moderated growth expectations, as the RBI recently revised its growth projection downwards. In the near term, the market is expected to remain cautious, awaiting signs of earnings recovery during the upcoming result season, while also dealing with ongoing FII selling which is driven by the strengthening dollar, rising US bond yields, and reduced expectations of further rate cuts.

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

3:46 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices BSE Midcap was up 0.77 per cent and Smallcap closed over 1.74 per cent higher.

 

3:43 PM

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

Stock Market LIVE Updates: Tata Motors, Reliance Industries, ICICI Bank were among the top gainers on Sensex. 

 

3:41 PM

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

Stock Market LIVE Updates: ONGC, SBI Life, HDFC Life were among the top gainers on Nifty. Here is a heatmap 

 

3:39 PM

Stock Market LIVE Updates: Nifty finishes 91.85 pts higer at 23,707.9

Stock Market LIVE Updates: NSE Nifty50 ended 91.85 points or 0.39 per cent higher at 23,707.9.

 

3:33 PM

Stock Market LIVE Updates: Sensex closes 234.12 pts higher at 78,199.11

Stock Market LIVE Updates: BSE Sensex closed 234.12 points or 0.30 per cent higher at 78,199.11.

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3:27 PM

Stock Market LIVE Updates: Quadrant Future Tek IPO sees strong demand, 9x subscription; GMP soars 72%

Stock Market LIVE Updates: Quadrant Future Tek's initial public offering (IPO), which opened for public subscription today, has witnessed robust demand. The IPO has been oversubscribed by 9.56 times as of 01:49 PM on Tuesday, January 7, 2025. READ MORE 

3:22 PM

Stock Market LIVE Updates: Vodafone Idea planning phased 5G rollout with new tariff plans: CEO Moondra

Stock Market LIVE Updates: Vodafone Idea (Vi) CEO Akshaya Moondra has announced a phased rollout of 5G services along with innovative tariff plans tailored to meet diverse customer needs. In an email to customers, as reported by Moneycontrol, the telco stated plans to launch 5G services in 75 major cities, focusing on 17 priority circles and industrial hubs with high data consumption. READ MORE 

3:11 PM

Stock Market LIVE Updates: This Mukul Agrawal portfolio stock surges 10%; up 50% in less than 3 weeks

Stock Market LIVE Updates: Shares of PTC Industries hit a new high of Rs 17,166.85, as they surged 10 per cent on the BSE in Tuesday’s intra-day trade, extending its past three-day rally to almost 29 per cent rally on the back of healthy growth outlook. Since December 18, in less than three weeks, the market price of this BSE 500 company has zoomed 53 per cent from a level of Rs 11,231.85. READ MORE