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Closing Bell: Sensex up 1,436 pts, Nifty around 24,200; all sectors in the green

January 02, 2025· 16:11 IST

Stock Market Today

January 02, 2025· 16:11 IST

Market Close | Nifty near 24,200, Sensex rises 1,436 points

Indian equity indices ended on strong note with Nifty around 24,200 on January 2 amid buying across the sectors. At close, the Sensex was up 1,436.30 points or 1.83 percent at 79,943.71, and the Nifty was up 445.75 points or 1.88 percent at 24,188.65.

We wrap up today's edition of the Moneycontrol live market blog, and will be back tomorrow morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.

January 02, 2025· 16:06 IST

Rupak De, Senior Technical Analyst at LKP Securities

The Nifty has moved above the 200 DMA after several failed attempts in recent sessions. Additionally, the index has crossed above the 21 EMA on the daily timeframe, confirming a bullish trend. The RSI is also in a bullish crossover. The index appears to be a "buy on dips" candidate following a strong closing. Support is placed at 24,000, while on the higher end, it may move towards 24,500.

January 02, 2025· 16:04 IST

January 02, 2025· 16:02 IST

Stock Market LIVE Updates | Hindustan Zinc Q3 Business Update

#1 Mined metal production at 265 kt, down 2 percent YoY & up 3 percent QoQ

#2 Saleable metal production at 259 kt, flat YoY & down 1 percent QoQ

#3 Refined zinc production at 204 kt, flat YoY & up 3 percent QoQ

January 02, 2025· 16:02 IST

Vinod Nair, Head of Research, Geojit Financial Services

Increased momentum was observed in the domestic market, driven by optimism about the upcoming earnings season starting next week. The rally was broad-based, with most sectoral indices posting gains. The auto sector led the way, showing the strongest momentum due to robust December sales that defied the usual subdued demand. Banking and IT stocks also performed well, as the economy bottomed in Q2.

January 02, 2025· 15:59 IST

Ajit Mishra – SVP, Research, Religare Broking

It was an exceptional session for market participants, as the benchmark index surged nearly 2% after consolidating within a range for almost two weeks. Following a flat opening, strength in auto and IT heavyweights fueled an early rally, which was later supported by other sectors. As a result, the Nifty ended near the day’s high at 24,188.65. Broader indices also mirrored the positive sentiment, gaining between 0.6% and 1.1%.

This up move has significantly eased the recent pressure, bringing the Nifty closer to its next resistance at the medium-term moving average, the 100-day exponential moving average (DEMA), currently around the 24,250 mark. A decisive breakout above this level could open the door to 24,400. On the downside, it is crucial for the Nifty to sustain above the 24,000 level; failure to do so might lead to a sideways bias again. We continue to emphasize the importance of selective stock picking, prioritizing those with relatively stronger performance.

January 02, 2025· 15:56 IST

Prashanth Tapse, Senior VP (Research), Mehta Equities

While markets failed to deliver a Christmas rally over the past few weeks, the New Year has provided strong optimism in the first two days with Sensex touching the psychological 80k mark on the back of broad-based short covering.

Gains in banking, IT, auto and metals triggered a major rally despite concerns in the currency market which saw the rupee scaling fresh lows amid rising crude oil prices and subdued growth. However, any further uptick in US bond yields could weigh on domestic equities and fuel foreign fund outflows.

January 02, 2025· 15:42 IST

Aditya Gaggar Director of Progressive Shares

In today's trade, the bulls dominated as the market saw a steady opening followed by a one-way rally throughout the session. This helped the Index break through multiple resistance levels to settle the trade at 24,188.65 with notable gains of 445.75 points. All the sectors, except Media, ended in the green, with Auto and IT being the standout performers. Despite the strong market movement, Mid and Smallcap stocks underperformed the Frontline Index; as the rally was primarily driven by the major Index stocks.

On the daily chart, the Index has formed a robust bullish candle. However, we believe a pullback or retracement is possible, which could push the Index lower to test support at the 24,000 levels. After that, the next leg of the rally could take the Index towards 24,700–24,800.

January 02, 2025· 15:32 IST

Currency Check | Rupee ends 9 paise lower

Indian rupee ended 9 paise lower at 85.75 per dollar on Thursday against Wednesday's close of 85.64.

January 02, 2025· 15:30 IST

Market Close | Sensex up 1,436 pts, Nifty around 24,200; all sectors in the green

Indian equity indices ended on strong note with Nifty around 24,200 on January 2 amid buying across the sectors.

At close, the Sensex was up 1,436.30 points or 1.83 percent at 79,943.71, and the Nifty was up 445.75 points or 1.88 percent at 24,188.65. About 2312 shares advanced, 1496 shares declined, and 108 shares unchanged.

Biggest Nifty gainers were Bajaj Finserv, Eicher Motors, Bajaj Finance, Maruti Suzuki, Shriram Finance were while losers included Britannia Industries, Sun Pharma.

BSE Midcap and Smallcap indices added a percent each.

All the sectoral indices ended in the green with auto index up 3.5 percent and IT index up 2 percent.

January 02, 2025· 15:24 IST

Stock Market LIVE Updates | Divi’s Lab commences commercial operation at Unit III greenfield project at Kakinada, Andhra Pradesh

The company has commenced commercial operations from a part of the Phase I of Unit III greenfield project at Ontimamidi Village (Kona), Thondangi Mandal, Kakinada, Andhra Pradesh from January 01, 2025.

January 02, 2025· 15:22 IST

Brokerage Call | Siemens, HAL, Thermax, L&T top picks: Jefferies

#1 Budget is a decider on government capex focus continuing #2 Siemens should benefit from revenue and margin recovery in power T&D division #3 Power demerger is an additional trigger for Siemens #4 Thermax should benefit from its transition into a company focused on clean energy #5 HAL has 5-year growth visibility of 20 percent EPS CAGR, driven by indigenisation #6 L&T has low investor expectations built in, that should lead to stock upside on guidance delivery
BSE Cap Goods Top Stock Gainers (Intra-day)
CompanyCMPChg(%)Volume
Thermax4,049.653.084.98k
Hindustan Aeron4,236.751.635.75k
Larsen3,714.401.2933.81k
Carborundum1,308.051.121.60k
Sona BLW597.351.0436.23k
Bharat Elec296.800.99717.66k
Cummins3,259.000.9110.27k
Siemens6,689.550.856.67k
CG Power 747.150.8436.78k
Honeywell Autom42,415.850.7254
Inox Wind188.550.61207.94k
Finolex Cables1,176.000.69.81k
Schaeffler Ind3,475.100.481.20k
Rail Vikas429.700.44101.88k
SKF India4,498.150.43749
TITAGARH1,111.950.2882.32k
GMR Airports78.730.22220.43k
NBCC (India)93.070.14244.73k
Grindwell Norto1,938.450.064.91k

January 02, 2025· 15:19 IST

Sensex Today | 1.48 million shares of Jio Financial Services traded in another block: Bloomberg

January 02, 2025· 15:18 IST

Sensex Today | Nifty Smallcap 100 index up 0.6%

Nifty Smallcap 100 Top Stock Gainers (Intra-day)
CompanyCMPChg(%)Volume
CreditAccess Gr951.756.839.44m
Zensar Tech793.806.228.08m
Raymond1,785.905.431.71m
Railtel422.854.3917.22m
Sonata627.853.73456.12k
Swan Energy742.303.134.89m
Brigade Ent1,278.053.06120.56k
IIFL Finance431.003.051.72m
Firstsource Sol395.252.949.70m
BLS Internation497.802.934.40m
SignatureGlobal1,391.952.87746.37k
Tejas Networks1,215.002.87503.58k
Piramal Enter1,123.002.59324.55k
JBM Auto1,582.002.3581.49k
Go Digit334.802.313.60m
CAMS5,210.002.18428.42k
Ramco Cements986.202.09196.41k
BEML4,198.451.89175.27k
PNB Housing Fin925.001.861.05m
Bata India1,421.251.74115.23k

January 02, 2025· 15:16 IST

Anuj Choudhary – Research Analyst at Mirae Asset Sharekhan

Indian Rupee depreciated today on a strong Dollar demand and persistent FII outflows. Elevated crude oil prices also pressurised the Rupee. US Dollar strengthened amid weak in the Chinese Yuan. However, positive domestic markets prevented a sharp fall.

We expect Rupee to trade with a negative bias on strength in the US Dollar and Dollar demand from importers. Sustained FII outflows may further pressurise the Rupee. However, any intervention by the RBI may support Rupee at lower levels. USDINR spot price is expected to trade in a range of Rs 85.50 to Rs 86.

January 02, 2025· 15:14 IST

Brokerage Call | Citi maintains ‘buy’ rating on M&M, target at Rs 3,520

#1 Company continued with the volume momentum that has been visible over most of 2024

#2 Domestic UV volumes growth reflects incremental volumes of the new models

#3 Tractors too remained strong, with domestic volumes up 22 percent YoY

#4 Think another good harvest season could be another positive driver for stock

#5 Tractor volumes could get a fillip

January 02, 2025· 15:10 IST

Sensex Today | Nifty Midcap 100 index up 1%; Oil India, Ashok Leyland, Sundaram Finance among major gainers

Nifty Midcap 100 Top Stock Gainers (Intra-day)
CompanyCMPChg(%)Volume
Sundaram Fin4,544.3511.171.28m
Oil India462.405.798.17m
Ashok Leyland235.635.7515.83m
PB Fintech2,198.903.762.55m
L&T Finance142.753.6210.41m
SBI Card702.003.57713.29k
M&M Financial274.603.413.04m
Torrent Power1,538.702.97419.81k
Colgate2,781.802.96406.56k
HDFC AMC4,281.052.85267.14k
Federal Bank206.112.798.86m
IGL421.402.713.42m
Tube Investment3,673.902.63367.13k
AB Capital183.642.592.81m
NMDC67.592.4427.95m
Poonawalla Fin321.252.281.27m
Jubilant Food755.502.212.22m
Patanjali Foods1,846.402.03201.75k
Max Healthcare1,160.651.85465.27k
Max Financial1,122.901.85228.92k

January 02, 2025· 15:07 IST

Stock Market LIVE Updates | South Indian Bank Q3 advances increase 11.94%

#1 Gross advances increase 11.94 percent to Rs 86,965 crore Vs Rs 77,686 crore, YoY

#2 Total deposit grows 6.3 percent to Rs 1,05,378 crore Vs Rs 99,155 crore, YoY

#3 CASA ratio at 31.16 percent Vs 31.8 percent, YoY

#4 CASA rises 4.13 percent to Rs 32,831 crore Vs Rs 31,529 crore, YoY

January 02, 2025· 15:05 IST

January 02, 2025· 15:04 IST

Stock Market LIVE Updates | Adani Enterprises shares recover more than 2% from day's low

January 02, 2025· 15:02 IST

Markets@3 | Sensex gains 1400 pts, Nifty around 24200

January 02, 2025· 14:59 IST

Stock Market LIVE Updates | Indian Oil to operate fuel stations at Noida International airport

January 02, 2025· 14:56 IST

Stock Market LIVE Updates | Force Motors bags order for 2,429 units of diesel ambulance to health & family welfare dept, UP

January 02, 2025· 14:53 IST

Stock Market LIVE Updates | CSB Bank's gross advances, deposits rise in Q3

#1 Gross advances jump 26.5 percent to Rs 28,914 crore Vs Rs 22,867 crore, YoY

#2 Deposits grow 22.2 percent to Rs 33,406 crore Vs Rs 27,345 crore, YoY

January 02, 2025· 14:49 IST

Stock Market LIVE Updates | Ugro Capital to acquire stake in MyShubhLife

The company has entered into a Share Purchase Agreement and Shareholders’ Agreement for the acquisition of shares in “MyShubhLife” (Datasigns Technologies), an embedded finance fintech platform based in Bangalore, from its existing shareholders.

Completion of the acquisition is subject to the satisfaction of certain conditions.

January 02, 2025· 14:46 IST

Global Markets | European Markets trade mixed; CAC down 0.5%

January 02, 2025· 14:45 IST

Global Markets | Asian markets end lower; Hang Seng down 2.2%

January 02, 2025· 14:41 IST

Brokerage Call | JPMorgan keeps ‘neutral’ rating on Premier Energies, target at Rs 1,148

#1 MNRE’s memorandum to implement ALMM list II has increased demand for locally made cells meaningfully

#2 Supply of domestic cells is expected to increase faster though

#3 List II can help hold local pricing premiums for longer

#4 Given supply growth, it is difficult to argue for higher margin/EBITDA though

January 02, 2025· 14:38 IST

Sensex Today | Nifty Auto index up 3.5%, extend gains on third day

Nifty Auto Top Stock Gainers (Intra-day)
CompanyCMPChg(%)Volume
Eicher Motors5,275.007.982.41m
Maruti Suzuki11,825.705.511.13m
Ashok Leyland234.005.0214.31m
M&M3,206.054.023.32m
Bajaj Auto9,065.203.71589.22k
TVS Motor2,482.203.141.07m
Hero Motocorp4,311.603.04840.55k
MOTHERSON158.141.768.85m
Tata Motors761.601.6512.03m
Bosch34,423.901.1526.72k
Exide Ind424.800.821.52m
Bharat Forge1,308.450.66462.88k
Balkrishna Ind2,884.700.39123.73k

January 02, 2025· 14:35 IST

Brokerage Call | Citi keeps ‘sell’ rating on Bajaj Auto, target at Rs 7,800

#1 Domestic 2-wheeler volume remained weak which could possibly reflect some inventory clearance

#2 Export 3-wheeler volumes were better, rising 50 percent YoY

January 02, 2025· 14:33 IST

Sensex Today| Cholamandalam Financial up 6%, most in six months

January 02, 2025· 14:25 IST

January 02, 2025· 14:13 IST

Sensex Today| Sammaan Capital up 5%, most in six weeks

January 02, 2025· 14:07 IST

Sensex Today| Hero MotoCorp up most in four months

January 02, 2025· 14:01 IST

Markets@2 | Sensex gains 1200 pts, Nifty above 24100

The Sensex was up 1,208.95 points or 1.54 percent at 79,716.36, and the Nifty was up 369.35 points or 1.56 percent at 24,112.25. About 2049 shares advanced, 1380 shares declined, and 88 shares unchanged.

Advance/Decline (Intra-day)

;79,731.61 1224.20(1.56%)

29

1

January 02, 2025· 14:00 IST

Stock Market LIVE Updates | Vishnu Prakash R Punglia bags order of Rs 433.1 million

Vishnu Prakash R Punglia received letter of lowest bidder by competent authority for construction of 2-Lane with paved shoulder configuration of bypass (with provision of new ROB) to Mandal town (District-Bhilwara) with connecting NH-158 to NH-48 in the State of Rajasthan on EPC mode having a total value of Rs 433.1 million.

January 02, 2025· 13:55 IST

Sensex Today | BSE Auto index up 3%; Eicher Motors, Ashok Leyland, Maruti Suzuki among top contributors

BSE Auto Top Stock Gainers (Intra-day)
CompanyCMPChg(%)Volume
Eicher Motors5,270.207.8749.51k
Ashok Leyland233.955830.53k
Maruti Suzuki11,756.854.7726.55k
M&M3,214.204.3385.45k
Bajaj Auto9,005.603.0317.31k
TVS Motor2,467.752.5224.53k
Hero Motocorp4,284.002.419.98k
Tube Investment3,649.002.032.18k
MOTHERSON157.901.71205.05k
Tata Motors757.301.07721.29k
Bosch34,240.400.75128
Bharat Forge1,308.000.654.40k
Exide Ind423.350.45119.91k
Sundram1,047.000.16701
Balkrishna Ind2,870.700.031.92k

January 02, 2025· 13:50 IST

Brokerage Call | CLSA downgrade Wipro to ‘hold’ from ‘outperformance’, target at Rs 303

#1 Downgraded due to recent stock outperformance

#2 Expect company to remain a laggard with flat CC QoQ growth in Q3

#3 In 2024 Wipro saw earnings downgrades of 1 percent & P/E rerate from 19.7X to 24.4X

#4 The next leg of rerating for Wipro can only be achieved if it starts growing in-line with peers

January 02, 2025· 13:47 IST

Brokerage Call | Morgan Stanley remains overweight on Maruti, M&M, Hyundai Motor & Ashok Leyland

#1 2-wheeler retails weakened while PVs saw an improvement in trends #2 In terms of wholesales, Maruti was a positive surprise #3 Estimate Maruti ended month with 10/12 days of inventory as retails saw early single-digit growth #4 Bajaj was weaker than estimates
NIFTY Auto Top Stock Gainers (Intra-day)
CompanyCMPChg(%)Volume
Eicher Motors5,220.006.851.69m
Maruti Suzuki11,775.305.06926.92k
Ashok Leyland233.354.7312.32m
M&M3,205.4042.41m
TVS Motor2,492.203.56673.04k
Hero Motocorp4,269.652.04603.07k
Bajaj Auto8,904.151.87373.26k
MOTHERSON157.871.596.93m
Tata Motors758.151.199.18m
Bosch34,263.950.6822.38k
Exide Ind422.800.341.18m
Bharat Forge1,301.650.13331.91k
Balkrishna Ind2,873.950.02113.26k
NIFTY Auto Top Stock Losers (Intra-day)
CompanyCMPChg(%)Volume
MRF128,239.00-0.884.39k
Apollo Tyres523.00-0.86655.59k

January 02, 2025· 13:42 IST

Stock Market LIVE Updates | Infosys shares gain most in seven months

January 02, 2025· 13:41 IST

Stock Market LIVE Updates | Jubilant Foodworks shares hit 3-year high

January 02, 2025· 13:39 IST

Stock Market LIVE Updates | Punjab National Bank's domestic advances up 14% at Rs 10.6 lakh crore Vs Rs 9.3 lakh crore, YoY

January 02, 2025· 13:33 IST

Brokerage Call | Citi keeps ‘buy’ rating on Bajaj Finance, target at Rs 8,150

#1 Expect loan growth stability, positive NIM bias and only a marginal rise in credit cost

#2 Key triggers include credit cost guidance revision

#3 Expect only a marginal uptick in Q3 credit cost to 2.20-2.25 percent

#4 Expect AUM growth of 6 percent QoQ/27 percent YoY, drawing support

#5 With CoFs peaking in Q2 & growth led by high-yielding segments, expect positive NIM bias

#6 Management transition update will be critical

#7 Our assessment leaning more towards executive role of Rajeev Jain at Bajaj Finance/Bajaj group level

January 02, 2025· 13:27 IST

Stock Market LIVE Updates | TVS Motor sells 3.21 lakh units in December 2024

January 02, 2025· 13:26 IST

Stock Market LIVE Updates | Welspun Enterprises shares gain most in five weeks

January 02, 2025· 13:19 IST

Sensex Today | 1.28 million shares of Jio Financial Services traded in a block: Bloomberg

January 02, 2025· 13:10 IST

Stock Market LIVE Updates | Godawari Power completes 51% acquisition of Jammu Pigments

January 02, 2025· 13:07 IST

January 02, 2025· 13:05 IST

Markets@1 | Sensex up 1000 pts, Nifty above 24000

The Sensex was up 1,037.84 points or 1.32 percent at 79,545.25, and the Nifty was up 317.05 points or 1.34 percent at 24,059.95. About 1998 shares advanced, 1409 shares declined, and 86 shares unchanged.

Advance/Decline (Intra-day)
;79,545.84 1038.43(1.32%)
28
2

January 02, 2025· 13:03 IST

Indo Farm Equipment IPO subscribed at 117.37 times at 1 PM (Day 3)

QIB – 34 times

NII - 326.35 times

Retail – 75.44 times

Overall – 117.37 times

January 02, 2025· 12:58 IST

Stock Market LIVE Updates | ITC shares extend gains on third day

ITC demerge its hotels business into ITC Hotels effective Jan 1, 2025

January 02, 2025· 12:57 IST

January 02, 2025· 12:52 IST

Brokerage Call | Citi upgrades Kotak Mahindra Bank to ‘buy’, target raises to Rs 2,070

#1 Sustain loan growth momentum

#2 Personal loan with improved delinquency trends to gather pace

#3 Credit cost expectations already set in higher

#4 Tweaking medium-term growth with relatively low beta

#5 Lifting of regulatory restrictions will be key trigger

January 02, 2025· 12:49 IST

Brokerage Call| Citi maintains ‘sell’ rating on Petronet LNG

Petronet LNG shares fall the most in seven months after Citigroup opens a 90-day negative catalyst watch on the Indian energy company due to regulatory risks and heightened competition.

January 02, 2025· 12:48 IST

Ashok Leyland jumps 5% as Dec auto sales beat Street estimates

January 02, 2025· 12:46 IST

Brokerage Call | Morgan Stanley remains overweight on Maruti, M&M, Hyundai Motor & Ashok Leyland

#1 2-wheeler retails weakened while PVs saw an improvement in trends #2 In terms of wholesales, Maruti was a positive surprise #3 Estimate Maruti ended month with 10/12 days of inventory as retails saw early single-digit growth #4 Bajaj was weaker than estimates
NIFTY Auto Top Stock Gainers (Intra-day)
CompanyCMPChg(%)Volume
Eicher Motors5,225.956.971.46m
Maruti Suzuki11,764.304.96791.03k
Ashok Leyland232.684.4311.01m
M&M3,212.754.242.04m
TVS Motor2,491.253.52614.03k
Hero Motocorp4,257.601.75524.10k
Bajaj Auto8,892.801.74322.95k
MOTHERSON157.231.185.37m
Bosch34,360.000.9621.24k
Tata Motors756.000.98.11m
Bharat Forge1,304.000.32287.08k
Exide Ind422.400.251.07m
NIFTY Auto Top Stock Losers (Intra-day)
CompanyCMPChg(%)Volume
MRF128,192.95-0.913.70k
Apollo Tyres523.00-0.86594.96k
Balkrishna Ind2,864.40-0.31105.31k

January 02, 2025· 12:43 IST

Stock Market LIVE Updates | Shanti Lal Jain ceases to be MD and CEO of Indian Bank

Shanti Lal Jain ceased to be the Managing Director and CEO of the bank, effective January 1, upon superannuation.

January 02, 2025· 12:39 IST

Stock Market LIVE Updates | Sensex surges 1,000 points

SENSEX Top Stock Gainers (Intra-day)
CompanyCMPChg(%)Volume
Bajaj Finserv1,678.656.47103.60k
Bajaj Finance7,258.004.6377.66k
Maruti Suzuki11,724.304.4822.05k
M&M3,216.104.456.29k
Infosys1,950.853.62111.41k
Kotak Mahindra1,826.952.1845.03k
HCL Tech1,951.702.0283.95k
UltraTechCement11,672.251.941.61k
Titan Company3,312.201.7911.38k
HUL2,362.901.7233.15k
IndusInd Bank983.001.4231.97k
TCS4,169.401.3836.42k
Larsen3,715.001.310.89k
Nestle2,193.901.1210.68k
Zomato279.250.99680.86k
Tech Mahindra1,720.250.9511.20k
Tata Motors756.000.9579.88k
Power Grid Corp313.200.87314.53k
Reliance1,231.050.77215.22k
Asian Paints2,321.950.7536.28k
SENSEX Top Stock Losers (Intra-day)
CompanyCMPChg(%)Volume
Sun Pharma1,878.10-0.6245.49k
Adani Ports1,216.55-0.2148.39k

January 02, 2025· 12:34 IST

Sensex Today | 3.86 million shares of JSW Energy trade in block: Bloomberg

January 02, 2025· 12:33 IST

Sensex Today | BSE Telecom index up 0.4%; Railtel Corporation, Tejas Networks, among major gainers

BSE Telecom Top Stock Gainers (Intra-day)
CompanyCMPChg(%)Volume
Railtel422.504.33586.81k
Tejas Networks1,207.002.2424.27k
Optiemus Infra737.002.1822.44k
Vindhya Telelin1,916.950.92331
Bharti Airtel1,607.550.7222.90k
Tata Comm1,733.250.451.52k
Suyog Tele1,811.400.191.12k

January 02, 2025· 12:31 IST

Stock Market LIVE Updates | Hyundai Motor India introduces Hyundai CRETA Electric

January 02, 2025· 12:26 IST

Stock Market LIVE Updates | Rico Auto shares extend gain on third consecutive session

January 02, 2025· 12:22 IST

Stock Market LIVE Updates | Jai Corp shares drop most in three years; extends fall on third straight session

Jai Corp shares touched 52-week low of Rs 247.90

January 02, 2025· 12:20 IST

Stock Market LIVE Updates | Goa Carbon resumes operations at its Bilaspur unit

The company has resumed operations at its Bilaspur unit in Chhattisgarh, and production has been normalized as of January 1.

January 02, 2025· 12:18 IST

Stock Market LIVE Updates | Ashoka Metcast’s Chief Financial Officer resigns

Dipak Pandit Nikam has resigned from the position of Chief Financial Officer of the company, effective January 1, due to personal reasons.

January 02, 2025· 12:14 IST

Stock Market LIVE Updates | Force Motors shares gain most in 5 weeks

January 02, 2025· 12:12 IST

Stock Market LIVE Updates | Goyal Salt to invest Rs 80 crore to set up salt manufacturing plant in Gandhidham

Goyal Salt is investing Rs 80 crore to set up a large salt manufacturing plant in Gandhidham near salt capital of Kutch.

January 02, 2025· 12:10 IST

Stock Market LIVE Updates | Sunita Tools' arm gets LoI for supply of empty artillery shells 155mm M107

Sunita Tools' subsidiary Tripathi Aerotech & Weapons Systems gets  major LoI for supply of Empty Artillery Shells 155mm M107.

January 02, 2025· 12:07 IST

January 02, 2025· 12:01 IST

Markets@12 | Sensex up 640 pts, Nifty at 23950

January 02, 2025· 12:00 IST

Stock Market LIVE Updates | Federal Bank implements Nucleus Software’s 'FinnAxia'

Federal Bank has implemented Nucleus Software’s cutting-edge transaction banking platform FinnAxia.

January 02, 2025· 11:56 IST

Stock Market LIVE Updates | Deepak Spinners’ CFO resigns

Punam Chand Sharma has resigned as the Chief Financial Officer of the company, effective January 1.

January 02, 2025· 11:55 IST

South Indian Bank sprints 3% on healthy Q3FY25 business update

January 02, 2025· 11:53 IST

Stock Market LIVE Updates | Ashok Leyland total sales up 5% at 16,957 units Vs 16,154 units, YoY

January 02, 2025· 11:51 IST

Sensex Today | BSE PSU Index down 0.3%; Union Bank of India, SJVN, Bank of Baroda among major losers

BSE PSU index snapped two-day winning streak
CompanyCMPChg(%)Volume
Union Bank118.40-3.86295.35k
SJVN107.50-3.07704.99k
Bank of Baroda235.55-2.36262.94k
BHEL227.70-2.36167.13k
GAIL187.70-1.83226.62k
Bank of India100.95-1.66441.05k
Punjab & Sind48.10-1.3719.41k
UCO Bank43.31-1.32144.17k
Bank of Mah51.96-1.24247.81k
ITI377.40-1.22437.78k
HINDPETRO407.60-1.2169.39k
MRPL147.65-1.1733.55k
PNB101.65-1.02380.33k
IOB51.39-1129.76k
BPCL292.30-162.73k
NLC India240.00-0.9114.72k
IOC135.85-0.88318.18k
Ircon Internati216.10-0.85146.25k
Canara Bank99.55-0.85409.43k
NALCO212.40-0.82103.11k

January 02, 2025· 11:48 IST

Stock Market LIVE Updates | M&M total sales up 16% in December 2024

Mahindra & Mahindra’s overall auto sales for the month of December 2024 stood at 69768 vehicles, a growth of 16%, including exports.

In the Utility Vehicles segment, Mahindra sold 41424 vehicles in the domestic market, a growth of 18% and overall, 42958 vehicles, including exports.

The domestic sales for Commercial Vehicles stood at 19502.

January 02, 2025· 11:46 IST

Sensex Today | Nifty Auto index surges 2%; Eicher Motors, Ashok Leyland among top contributors

Nifty  Auto Top Stock Gainers (Intra-day)
CompanyCMPChg(%)Volume
Eicher Motors5,154.255.51646.83k
Ashok Leyland231.473.888.72m
Maruti Suzuki11,592.003.42524.14k
M&M3,170.402.871.30m
TVS Motor2,462.702.33459.40k
Bajaj Auto8,872.901.51211.83k
Hero Motocorp4,239.101.31399.53k
Bosch34,270.000.77.03k
Tata Motors751.300.276.09m
Bharat Forge1,302.650.21169.43k
MOTHERSON155.460.043.27m

January 02, 2025· 11:43 IST

Stock Market LIVE Updates | Tata Motors total domestic sales up 1% at 76,599 units, YoY

#1 Total commercial vehicle sales drop 1 percent to 33,875 units Vs 34,180 units, YoY

#2 Total passenger vehicle sales (including EV) grow 1 percent to 44,289 units Vs 43,675 units, YoY

January 02, 2025· 11:41 IST

Stock Market LIVE Updates | Maruti Suzuki India’s production by 30.3% in December 2024; shares gain most in 14 weeks

The company announced the production of 1,57,654 vehicles in December 2024, a 30.3% increase compared to 1,21,028 vehicles produced in the same month last year.

January 02, 2025· 11:39 IST

Stock Market LIVE Updates | Ind-Swift Laboratories completes land purchase at Derabassi, Punjab

The company has completed the purchase of land measuring 40 bighas at Derabassi, Punjab, for Rs 17.72 crore. The land will be utilized to set up a new formulations facility.

January 02, 2025· 11:36 IST

Stock Market LIVE Updates | Eicher Motors motorcycle sales rise 25% YoY to 79,466 units in Dec

January 02, 2025· 11:29 IST

January 02, 2025· 11:20 IST

January 02, 2025· 11:12 IST

January 02, 2025· 11:07 IST

Stock Market LIVE Updates | Broader indices underperform benchmarks

NSE Indian Indices Performance
IndexCMP Chg(%)YTD(%) 1 Week(%)1 Month(%) 1 Year(%)
NIFTY 5023926.25
0.77
1.19
0.74
-1.44
10.43
NIFTY BANK51230.00
0.33
0.73
0.12
-1.69
7.26
NIFTY Midcap 10057571.85
0.21
0.65
0.78
1.00
24.10
NIFTY Smallcap 10018953.75
-0.03
0.98
1.20
0.58
24.78
NIFTY NEXT 5068374.25
0.19
0.57
-1.14
-3.92
28.34

January 02, 2025· 11:00 IST

Markets@11 | Sensex rises 630 pts, Nifty above 23900

The Sensex was up 637.81 points or 0.81 percent at 79,145.22, and the Nifty was up 190.65 points or 0.80 percent at 23,933.55. About 1954 shares advanced, 1324 shares declined, and 101 shares unchanged.

Advance/Decline (Intra-day)

;23,936.45 193.55(0.82%)

40

10

January 02, 2025· 10:58 IST

Stock Market LIVE Updates | Tanla Platforms shares extend gains on third day

January 02, 2025· 10:55 IST

Stock Market LIVE Updates | Tantia Constructions shares locked at upper circuit

January 02, 2025· 10:52 IST

January 02, 2025· 10:48 IST

Stock Market LIVE Updates | NTPC share price breaks 2-day gain

January 02, 2025· 10:45 IST

Sensex Today | Nifty auto, IT indices outperform

NSE Indian Indices Performance
IndexCMP Chg(%)YTD(%) 1 Week(%)1 Month(%) 1 Year(%)
NIFTY Auto23498.75
1.55
2.91
2.72
-0.43
28.13
NIFTY IT43749.95
0.87
0.95
0.20
0.47
24.00
NIFTY Pharma23394.05
-0.28
-0.08
3.00
4.20
35.43
NIFTY FMCG57110.15
0.16
0.55
1.51
-1.39
-0.17
NIFTY PSU Bank6496.30
-0.77
-0.68
-2.02
-4.47
13.27
NIFTY Metal8648.25
0.1
-0.02
-1.78
-5.31
7.78
NIFTY Realty1038.60
-0.2
-1.31
-3.59
-1.20
33.42
NIFTY Energy35374.60
-0.16
0.53
0.61
-5.90
4.96
NIFTY Infra8519.65
0.23
0.66
-0.11
-3.23
17.05
NIFTY Media1832.90
0.01
0.83
-0.75
-9.14
-24.96

January 02, 2025· 10:41 IST

Stock Market LIVE Updates | Mazagon Dock Shipbuilders shares rise on second day

January 02, 2025· 10:38 IST

JUST IN | India December Manufacturing PMI at 56.4 Vs 56.5, MoM

January 02, 2025· 10:37 IST

Stock Market LIVE Updates | HOV Services breaks three-day winning streak

January 02, 2025· 10:36 IST

Stock Market LIVE Updates | Sun Pharmaceutical Industries shares snap 7-day gain

January 02, 2025· 10:34 IST

Stock Market LIVE Updates | Indowind Energy shares locked at upper circuit

January 02, 2025· 10:28 IST

January 02, 2025· 10:24 IST

Stock Market LIVE Updates | HDFC Life gets GST demand & interest notice worth Rs 261 crore

January 02, 2025· 10:23 IST

Stock Market LIVE Updates | DCX Systems receives export purchase order

The company bags order worth Rs 19 crore from Israel-based Elta Systems

January 02, 2025· 10:21 IST

Stock Market LIVE Updates | Sandur Manganese share price rises on third day in a row